Selected Major Indexes - Sorted By Year to Date 2004 Total Return
As oil prices soar, stock market performance remains mostly flat.

Total Return %

Annualized Total Return %

Fund Name

 YTD 

 2003 

 2002 

 2001 

 2000 

 1999 

 5 Year 

 10 Year 

 15 Year 

Goldman Sachs Natural Resources

10.22

34.01

-13.26

-15.59

15.81

27.22

4.63

-

-

Dow Jones Utility

7.55

29.39

-23.38

-26.27

50.76

-6.02

1.66

8.97

6.92

Dow Jones Telecommunication

7.13

7.33

-34.55

-12.77

-40.27

18.41

-16.45

2.71

-

Wilshire REIT

6.44

36.06

3.60

12.36

31.04

-2.57

16.01

12.55

9.77

Dow Jones Midcap Value

6.12

35.18

-6.46

6.87

29.95

-10.98

10.77

14.21

12.65

AMEX Composite

5.69

42.36

-2.74

-5.59

2.37

27.28

9.49

10.98

8.27

Barra SmallCap Value

4.49

40.03

-14.47

13.10

20.88

3.05

10.55

14.11

-

MSCI Japan

4.17

35.91

-10.28

-29.40

-28.16

61.53

-4.76

-3.67

-3.37

Dow Jones Transportation

4.09

31.84

-11.48

-9.30

0.40

-4.52

-0.13

8.43

7.66

Standard & Poor's Smallcap 600

4.01

38.77

-14.63

6.53

11.79

12.40

9.64

12.82

11.15

CSFB High Yield

3.79

27.93

3.11

5.78

-5.21

3.28

6.62

7.92

9.16

Morningstar US Value

3.63

29.75

-13.68

-0.68

10.06

-1.27

3.42

-

-

Barra SmallCap Growth

3.53

37.32

-15.36

-1.19

0.57

19.57

7.11

10.57

-

30 Year T-Bond

2.94

4.90

5.25

5.46

5.87

5.90

5.41

-

-

Russell 2000 Value

2.88

46.02

-11.43

14.03

22.83

-1.49

12.31

13.17

12.34

Russell 1000 Value

2.47

30.03

-15.52

-5.59

7.01

7.35

2.19

12.13

11.18

Barra Large Cap Value

2.19

31.79

-20.86

-11.71

6.09

12.72

0.37

10.69

10.06

Barra MidCap Value

2.16

40.18

-10.11

7.15

27.84

2.32

11.59

14.86

-

Dow Jones Large Value

1.94

25.89

-17.42

-6.11

10.34

1.35

0.90

11.02

10.48

Morningstar Mid Cap

1.59

38.38

-18.06

-4.63

6.94

15.55

4.77

10.79

-

Morningstar Small Cap

1.35

47.70

-20.36

5.26

7.66

17.78

8.16

11.16

-

Dow Jones Composite

1.33

29.40

-15.94

-11.78

5.95

13.99

0.94

11.17

10.16

MSCI EAFE

1.17

38.59

-15.94

-21.44

-14.17

26.96

-1.18

3.61

3.33

Lehman Brothers Aggregate Bond

1.14

4.11

10.27

8.42

11.63

-0.83

7.25

7.28

7.67

Standard & Poor's Midcap 400

1.13

35.59

-14.53

-0.60

17.49

14.72

8.46

14.53

14.04

Lehman Brothers Credit

0.97

7.69

10.53

10.40

9.40

-1.94

7.92

7.80

8.22

Dow Jones Financial

0.81

32.23

-12.35

-6.38

26.94

1.52

6.16

15.61

-

3 Month CD

0.73

1.15

1.71

3.54

6.20

4.95

3.09

4.17

4.55

Lehman Brothers Municipal Bond

0.62

5.32

9.60

5.08

11.69

-2.07

6.06

6.38

6.90

Dow Jones Small Value

0.54

43.67

-2.39

12.79

23.98

-5.06

12.93

13.87

12.94

MSCI EASEA

0.36

39.22

-17.39

-19.14

-8.94

17.77

-0.05

7.53

8.26

Merrill Lynch Conv Bd All Qual

0.29

22.97

-3.12

-2.91

-7.52

35.99

6.43

10.17

9.97

Barra MidCap Growth

0.11

30.95

-19.17

-7.97

9.14

28.73

5.46

14.11

-

Morningstar US Market

0.07

30.73

-22.16

-11.88

-7.02

19.79

-1.54

10.72

-

Standard & Poor's 500

0.02

28.67

-22.09

-11.88

-9.10

21.04

-2.24

11.09

10.43

Wilshire 5000

-0.04

31.63

-20.85

-10.89

-10.93

23.56

-1.17

10.77

10.19

Wilshire 4500

-0.08

43.72

-17.81

-9.30

-15.77

35.49

2.50

10.22

9.83

Dow Jones Small Growth

-0.23

48.48

-38.89

-8.50

-14.91

61.48

0.21

8.31

8.74

Russell 1000

-0.31

29.90

-21.65

-12.45

-7.79

20.91

-1.74

11.08

10.49

Russell 3000

-0.32

31.05

-21.54

-11.46

-7.46

20.90

-1.22

10.89

10.37

Russell 2000

-0.43

47.25

-20.48

2.49

-3.02

21.26

5.74

9.98

9.64

Morningstar Large Cap

-0.48

27.04

-23.47

-15.10

-11.38

21.05

-4.02

10.48

-

NYSE Composite

-0.94

29.28

-19.83

-10.21

1.01

9.15

-0.66

9.14

7.94

Dow Jones Midcap Growth

-1.02

43.64

-32.70

-17.56

-19.19

67.26

-1.39

9.10

10.13

MSCI AC World Free

-1.07

31.62

-20.51

-17.26

-15.08

25.00

-3.46

4.65

4.17

Standard & Poor's 100

-1.38

26.24

-22.58

-13.80

-12.55

32.78

-3.26

11.61

-

Dow Jones Industrial

-1.90

28.28

-15.01

-5.44

-4.85

27.21

0.90

12.63

11.97

Salomon Brothers World Govt Bond

14.91

19.49

-0.99

1.59

-4.27

6.38

6.42

7.53

Dow Jones Healthcare

-2.04

19.43

-20.81

-12.61

37.47

-4.03

2.39

15.63

-

Barra Large Cap Growth

-2.14

25.66

-23.59

-12.72

-22.08

28.25

-5.28

11.03

10.39

Russell 1000 Growth

-3.06

29.77

-27.88

-20.42

-22.42

33.16

-6.96

9.11

9.18

Dow Jones Large Growth

-3.19

29.54

-31.58

-25.46

-32.40

36.38

-11.67

7.50

7.90

Pacific Stock Exchange Tech 100

-3.28

52.14

-33.33

-15.59

-16.22

116.40

2.49

19.21

17.11

Russell 2000 Growth

-3.81

48.55

-30.26

-9.23

-22.43

43.09

-1.69

6.00

6.30

MSCI EMF

-4.44

51.59

-7.97

-4.91

-31.80

63.70

1.03

-1.83

6.12

Morningstar US Growth

-5.11

34.12

-33.20

-26.32

-28.45

44.51

-9.89

-

-

NASDAQ Composite

-5.79

50.01

-31.53

-21.05

-39.29

85.59

-6.48

10.08

9.97

MSCI World Metals & Mining

-6.18

64.33

-4.28

1.10

-23.56

50.04

5.49

-

-

JSE Gold (USD)

-30.17

11.47

130.33

29.65

-38.19

25.95

13.88

-7.70

-5.31

Source: Morningstar, Dow Jones, MSCI, S&P & Russell. Data as of 7 /31 /2004.