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Predictive History
LONG TOTAL ANNUAL RETURN
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Years
Tranche1
Tranche2
Tranche3
SP Growth
Long Average
1996
23.88%
29.62%
19.00%
18.97%
27.88%
1997
46.86%
42.27%
25.98%
30.01%
38.16%
1998
20.98%
26.02%
22.05%
38.63%
23.17%
1999
40.64%
75.50%
52.23%
59.61%
55.69%
2000
-12.73%
-6.00%
-28.87%
-8.29%
-15.93%
2001
-6.71%
4.70%
-8.17%
-17.75%
-3.39%
2002
-4.00%
-5.39%
-6.71%
-31.88%
-5.33%
2003
38.57%
39.21%
33.52%
42.34%
37.15%
2004
8.47%
-4.86%
7.51%
16.26%
3.68%
2005
31.27%
33.24%
25.73%
7.31%
30.07%
2006
7.88%
6.28%
14.92%
7.43%
9.67%
2007
23.66%
29.32%
21.93%
6.64%
25.02%
2008
-40.61%
-39.95%
-43.01%
-38.99%
-41.16%
2009
57.90%
65.69%
45.44%
50.85%
56.24%
2010
15.55%
25.43%
15.37%
27.65%
18.75%
2011
-11.83%
-8.70%
-7.76%
0.75%
-9.27%
Total
12.79%
17.07%
9.39%
10.10%
13.34%
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