1. April 2009 Year-to-Date Results:
CCAP Absolute Return (Jan 1st through Apr 30th, 2009) = +13.02%
($225,738.35-$199,733.10)/$199,733.10
Benchmark Russell 3000(IWV) Absolute Return(Jan 1st through Apr 30th,2009) = -1.98%
($50.97-$52.00)/$52.00
2. Prior Years Results:
The Covered Calls Advisor Portfolio (CCAP) was begun in September, 2007. The annualized returns achieved for 2007 and 2008 compared with the Russell 3000 benchmark results were as follows:
