Hypothetical Illustration February 17, 2003 Mutual Fund American Funds Balanced A American Funds Gr Fnd of America A American Funds Intm Bd Fd Amer A Index Thomson US: Aggressive Growth - MF Thomson US: Balanced - Domestic - MF Thomson US: Genl Bd - Inv Gr/Mkt - CE Thomson US: Growth & Income - MF U.S. 30-Day Treasury Bills Prepared For SAMPLE CLIENT FORENSIC INVESTMENTS, LLC PO BOX 40249 INDIANAPOLIS, IN 46240-0249 This report is not complete unless all pages, as noted below, are included. Please read the information in "Important Disclosures" found at the front of this report. Page 1 of 35
Important Disclosures Standardized Average Annual Total Returns for Period Ended 9/30/2002 Returns for periods of less than one year are not annualized. Security Name Inception Maximum Since Date Sales Charge 1 Year 5 Years 10 Years Inception American Funds Balanced A 9/19/1932 5.75% Front -12.84% 3.55% 8.83% 11.62% American Funds Balanced B 3/15/2000 5.00% CDSC -12.62% - - 2.80% American Funds Balanced C 3/15/2001 1.00% CDSC -9.15% - - -5.86% American Funds Balanced F 3/15/2001 0.00-7.55% 4.72% 9.41% 11.79% American Funds Balanced R5 5/15/2002 0.00-7.24% 5.07% 9.77% 12.15% American Funds Gr Fnd of America A 11/1/1958 5.75% Front -19.29% 4.24% 11.48% 13.56% American Funds Gr Fnd of America B 3/15/2000 5.00% CDSC -19.28% - - -19.04% American Funds Gr Fnd of America C 3/15/2001 1.00% CDSC -15.90% - - -19.61% American Funds Gr Fnd of America F 3/15/2001 0.00-14.32% 5.43% 12.07% 15.00% American Funds Gr Fnd of America R5 5/15/2002 0.00-14.13% 5.76% 12.43% 15.37% American Funds Intm Bd Fd Amer A 2/19/1988 3.75% Front 2.07% 5.76% 5.68% 6.75% American Funds Intm Bd Fd Amer B 3/15/2000 5.00% CDSC 0.30% - - 5.19% American Funds Intm Bd Fd Amer C 3/15/2001 1.00% CDSC 4.20% - - 5.60% American Funds Intm Bd Fd Amer F 3/15/2001 0.00 6.01% 6.48% 6.00% 6.96% American Funds Intm Bd Fd Amer R5 5/15/2002 0.00 6.38% 6.87% 6.39% 7.35% This historical information represents past performance and should not be considered indicative of future results. Principal value and investment return will fluctuate, so that an investor's shares/units when redeemed may be worth more or less than the original amount. The Standardized Average Annual Total Return figures shown above are calculated using the formula in form N-1A as mandated by the Securities and Exchange Commission. Except where noted, the calculations take into account the maximum sales and/or redemption charges currently in effect, and any annual expenses. The figures assume a one-time lump sum investment and do not include the effect of taxation. The illustration included herein does not reflect the effects of taxes in some or all of the investments. The Average Annual Return on the Account figure found on the fund table represents the overall growth rate realized on the investment, taking into account all investments and withdrawals, as well as any commission charges and taxes (if included). While it is a useful measure of the results of a hypothetical investment, it should not be the only criterion used to determine whether a security has performed well or poorly. The Cumulative figure found on the table represents the total, unannualized percentage change between the initial market value and the ending market value of the security or index in the illustration. A portion of expenses for the following fund(s) have been waived in the past: American Funds Intm Bd Fd Amer A. Past expense reductions by the fund's manager increased the fund's total returns. Period End Column - Data as of date for each row in the hypothetical. Invest Column - Dollar amount committed to investing in a security either on a one time or systematic basis. Withdraw Column - Dollar amount committed to being removed from an investment either on a one time or systematic basis. Charges Column - Dollar amount being charged to account stemming from sales or annual contract charges. Charges may appear as front-end loads, back-end loads, or periodic charges withdrawn from the account. Income Column - Dollar amount distributed from fund to shareholders derived from interest, dividends, or other income received by a mutual fund. Capital Gains Column - The mutual fund s distribution to shareholders of the profits derived from the sale of stocks or bonds. Reinvest Column - Dollar amount, stemming from fund distributions, committed to reinvesting in a mutual fund or portfolio in order to purchase more shares. Market Value Column - Current value of the hypothetical account calculated by the number of shares multiplied by the NAV. Shares Column - Number of mutual fund shares owned within the hypothetical illustration. NAV Column - Price of one mutual fund share calculated by dividing the total net assets by the number of shares outstanding. NAV s are adjusted by the fund company for expenses, including 12b-1 and other expenses. Value Column - Current value of the hypothetical account calculated by multiplying the number of shares by the share price. Page 2 of 35
Unit Value Column - Price of one subaccount unit calculated by dividing the total net assets by the number of units outstanding. AUV s are adjusted by the insurer for expenses, including Mortality and Expense charges. Thomson US: Aggressive Growth - MF is an equal weighted index of mutual funds within the stated investment category. Funds within this category seek maximum capital appreciation, by investing primarily in common stocks of companies that are believed to offer rapid growth potential. These funds tend to employ greater-than-average risk strategies than a typical growth fund in an attempt to gain a higher rate of return. Aggressive Growth funds have the flexibility to invest in companies with any capitalization. The funds represented by this index involve investment risks which may include the loss of principal invested. This index represents the component funds at closing net asset value and includes all annual asset-based fees and expenses charged to those funds, including management and 12b-1 fees. Thomson US: Growth & Income - MF is an equal weighted index of mutual funds within the stated investment category. Funds in this category seek both capital appreciation and income primarily by investing in equities with a level or rising dividend stream. The funds represented by this index involve investment risks which may include the loss of principal invested. This index represents the component funds at closing net asset value and includes all annual asset-based fees and expenses charged to those funds, including management and 12b-1 fees. Thomson US: General Bond - Inv Grade/Mkt - CE is an equal weighted index of closed-end funds within the stated investment category. Funds in this category seek income by investing in investment grade domestic or foreign corporate debt, government debt and preferred securities. The funds and asset types represented by this index involve investment risks which may include the loss of principal invested. This index represents the component funds at closing market price and includes all annual asset-based fees and expenses charged to those funds, including management fees and other expenses. Thomson US: Balanced - Domestic - MF is an equal weighted index of mutual funds within the stated investment category. Funds in this category seek both income and capital appreciation by determining the optimal proportion of assets to place in domestic stocks, bonds, and cash. The allocation across asset classes will remain relatively stable. The funds represented by this index involve investment risks which may include the loss of principal invested. This index represents the component funds at closing net asset value and includes all annual asset-based fees and expenses charged to those funds, including management and 12b-1 fees. U.S. 30-Day Treasury Bills is an index based upon the average monthly yield of 30-day Treasury Bills. Treasury Bills are secured by the full faith and credit of the U.S. Government and offer a fixed rate of return. This illustration, including any accompanying reports and graphs, must be preceded or accompanied by a current prospectus for each security included. The prospectus contains full details on fees and expenses and should be read carefully before investing or sending money. The information included in this report is based upon data obtained from public sources believed to be reliable; however, Thomson Financial does not guarantee the completeness or accuracy thereof. Thomson Financial, an independent information services firm, has been the leading provider of information and analytical services on investment products to financial professionals for more than 55 years. Thomson Financial information and software is used by more than 140 financial institutions nationwide, representing more than 200,000 investment professionals. Page 3 of 35
Hypothetical Illustration American Funds Balanced A Investment Summary * - American Funds Balanced A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 5.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Reinvest Reinvest Redemption 12b-1 Income CapGains Load Fee Fee Fee Yes Yes 2.50% None 0.25% Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 7/31/1999 251,138 0 6,290 0 0 0 244,848 14,975 16.35 8/31/1999 29,000 0 723 2,097 0 2,097 270,406 16,869 16.03 9/30/1999 0 0 0 0 0 0 264,165 16,869 15.66 10/31/1999 30,000 0 748 0 0 0 293,079 18,739 15.64 11/30/1999 9,865 0 248 0 0 0 300,823 19,358 15.54 12/31/1999 0 7,200 0 2,710 21,487 24,197 296,549 20,565 14.42 1/31/2000 167,816 0 4,216 0 0 0 450,895 32,276 13.97 2/29/2000 0 127 0 4,519 0 4,519 435,578 32,603 13.36 3/31/2000 51,616 0 1,021 0 0 0 519,102 36,124 14.37 4/30/2000 0 1,050 0 0 0 0 517,691 36,051 14.36 5/31/2000 0 127 0 5,047 0 5,047 534,917 36,389 14.70 6/30/2000 0 1,050 0 0 0 0 528,772 36,317 14.56 7/31/2000 475 0 10 0 0 0 529,964 36,349 14.58 8/31/2000 0 1,050 0 5,089 0 5,089 543,793 36,619 14.85 9/30/2000 0 1,050 0 0 0 0 544,940 36,549 14.91 10/31/2000 0 1,050 0 0 0 0 559,241 36,480 15.33 11/30/2000 0 1,050 0 0 0 0 558,191 36,412 15.33 12/31/2000 0 1,050 0 5,098 21,119 26,216 589,697 38,119 15.47 1/31/2001 0 1,050 0 0 0 0 601,989 38,052 15.82 2/28/2001 0 1,050 0 5,327 1,522 6,849 601,394 38,428 15.65 3/31/2001 0 1,050 0 0 0 0 593,812 38,360 15.48 4/30/2001 0 0 0 0 0 0 614,142 38,360 16.01 5/31/2001 0 2,100 0 5,370 0 5,370 623,501 38,559 16.17 6/30/2001 0 1,050 0 0 0 0 618,981 38,494 16.08 7/31/2001 0 1,050 0 0 0 0 629,094 38,430 16.37 8/31/2001 0 1,050 0 5,380 0 5,380 619,930 38,697 16.02 9/30/2001 0 0 0 0 0 0 588,199 38,697 15.20 10/31/2001 7,675 0 151 0 0 0 604,236 39,185 15.42 11/30/2001 4,770 0 96 0 0 0 636,340 39,475 16.12 12/31/2001 0 1,050 0 5,527 10,421 15,948 640,908 40,436 15.85 1/31/2002 0 0 0 0 0 0 645,356 40,436 15.96 2/28/2002 0 0 0 4,448 970 5,418 643,562 40,783 15.78 3/31/2002 0 0 0 0 0 0 663,138 40,783 16.26 4/30/2002 0 0 0 0 0 0 651,719 40,783 15.98 5/31/2002 0 0 0 4,486 0 4,486 653,716 41,063 15.92 6/30/2002 6,000 0 120 0 0 0 632,084 41,448 15.25 Page 4 of 35
American Funds Balanced A Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 7/31/2002 0 0 0 0 0 0 599,755 41,448 14.47 8/31/2002 0 0 0 4,559 0 4,559 609,718 41,762 14.60 9/30/2002 0 0 0 0 0 0 559,187 41,762 13.39 10/31/2002 0 0 0 0 0 0 587,585 41,762 14.07 Total 558,355 24,254 13,622 59,657 55,520 115,177 Ending Amount Attributable to Market Value Shares Return on the Investment Percent Principal: 501,676 35,656 Average Annual: 3.26% Income: 35,285 2,508 Cumulative: 10.99% Capital Gains: 50,623 3,598 Total Ending Amount: 587,585 41,762 Page 5 of 35
American Funds Balanced A Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - American Funds Balanced A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 5.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Page 6 of 35
American Funds Balanced A $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $587,585) Net Amount Invested (Ending Market Value: $534,101) Page 7 of 35
Hypothetical Illustration American Funds Gr Fnd of America A Investment Summary * - American Funds Gr Fnd of America A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 5.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Reinvest Reinvest Redemption 12b-1 Income CapGains Load Fee Fee Fee Yes Yes 2.50% None 0.25% Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 7/31/1999 251,138 0 6,316 0 0 0 244,822 9,288 26.36 8/31/1999 29,000 0 723 0 0 0 271,613 10,367 26.20 9/30/1999 0 0 0 0 0 0 270,473 10,367 26.09 10/31/1999 30,000 0 748 0 0 0 317,245 11,420 27.78 11/30/1999 9,865 0 246 0 0 0 340,569 11,752 28.98 12/31/1999 0 7,200 0 529 37,547 38,076 376,343 12,915 29.14 1/31/2000 167,816 0 3,338 0 0 0 539,917 18,573 29.07 2/29/2000 0 127 0 0 0 0 613,710 18,569 33.05 3/31/2000 51,616 0 1,033 0 0 0 687,133 20,045 34.28 4/30/2000 0 1,050 0 0 0 0 658,021 20,013 32.88 5/31/2000 0 127 0 0 0 0 637,480 20,009 31.86 6/30/2000 0 1,050 0 0 0 0 675,648 19,978 33.82 7/31/2000 475 0 9 0 0 0 670,719 19,992 33.55 8/31/2000 0 1,050 0 0 0 0 716,850 19,962 35.91 9/30/2000 0 1,050 0 0 0 0 686,854 19,932 34.46 10/31/2000 0 1,050 0 0 0 0 671,652 19,901 33.75 11/30/2000 0 1,050 0 0 0 0 608,313 19,867 30.62 12/31/2000 0 1,050 0 2,881 81,353 84,234 621,201 22,939 27.08 1/31/2001 0 1,050 0 0 0 0 648,595 22,902 28.32 2/28/2001 0 1,050 0 0 0 0 579,296 22,861 25.34 3/31/2001 0 1,050 0 0 0 0 530,696 22,816 23.26 4/30/2001 0 0 0 0 0 0 584,997 22,816 25.64 5/31/2001 0 2,100 0 0 0 0 582,897 22,734 25.64 6/30/2001 0 1,050 0 0 0 0 578,210 22,693 25.48 7/31/2001 0 1,050 0 0 0 0 561,502 22,650 24.79 8/31/2001 0 1,050 0 0 0 0 524,438 22,605 23.20 9/30/2001 0 0 0 0 0 0 457,301 22,605 20.23 10/31/2001 7,675 0 155 0 0 0 491,043 22,957 21.39 11/30/2001 4,770 0 96 0 0 0 542,549 23,156 23.43 12/31/2001 0 1,050 0 1,042 0 1,042 549,038 23,156 23.71 1/31/2002 0 0 0 0 0 0 533,986 23,156 23.06 2/28/2002 0 0 0 0 0 0 518,471 23,156 22.39 3/31/2002 0 0 0 0 0 0 542,091 23,156 23.41 4/30/2002 0 0 0 0 0 0 511,988 23,156 22.11 5/31/2002 0 0 0 0 0 0 506,430 23,156 21.87 6/30/2002 6,000 0 120 0 0 0 469,470 23,450 20.02 Page 8 of 35
American Funds Gr Fnd of America A Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 6/30/2002 6,000 0 120 0 0 0 469,470 23,450 20.02 7/31/2002 0 0 0 0 0 0 431,012 23,450 18.38 8/31/2002 0 0 0 0 0 0 435,468 23,450 18.57 9/30/2002 0 0 0 0 0 0 405,452 23,450 17.29 10/31/2002 0 0 0 0 0 0 437,813 23,450 18.67 Total 558,355 24,254 12,783 4,452 118,901 123,352 Ending Amount Attributable to Market Value Shares Return on the Investment Percent Principal: 368,622 19,744 Average Annual: -6.48% Income: 4 0 Cumulative: -19.58% Capital Gains: 69,187 3,706 Total Ending Amount: 437,813 23,450 Page 9 of 35
American Funds Gr Fnd of America A Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - American Funds Gr Fnd of America A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 5.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Page 10 of 35
American Funds Gr Fnd of America A $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $437,813) Net Amount Invested (Ending Market Value: $534,101) Page 11 of 35
Hypothetical Illustration American Funds Intm Bd Fd Amer A Investment Summary * - American Funds Intm Bd Fd Amer A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 3.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Reinvest Reinvest Redemption 12b-1 Income CapGains Load Fee Fee Fee Yes Yes 2.50% None 0.30% Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 7/31/1999 251,138 0 6,367 0 0 0 244,771 18,728 13.07 8/31/1999 29,000 0 717 1,124 0 1,124 273,047 20,987 13.01 9/30/1999 0 0 0 1,259 0 1,259 275,988 21,084 13.09 10/31/1999 30,000 0 739 1,265 0 1,265 305,885 23,422 13.06 11/30/1999 9,865 0 244 1,405 0 1,405 315,973 24,268 13.02 12/31/1999 0 7,200 0 1,844 0 1,844 308,433 23,854 12.93 1/31/2000 167,816 0 4,208 1,073 0 1,073 470,727 36,690 12.83 2/29/2000 0 127 0 2,201 0 2,201 475,003 36,851 12.89 3/31/2000 51,616 0 1,014 2,211 0 2,211 530,771 40,923 12.97 4/30/2000 0 1,050 0 2,660 0 2,660 528,288 41,048 12.87 5/31/2000 0 127 0 2,668 0 2,668 528,779 41,246 12.82 6/30/2000 0 1,050 0 2,681 0 2,681 536,605 41,373 12.97 7/31/2000 475 0 10 2,689 0 2,689 540,587 41,616 12.99 8/31/2000 0 1,050 0 2,705 0 2,705 545,992 41,742 13.08 9/30/2000 0 1,050 0 2,713 0 2,713 549,742 41,869 13.13 10/31/2000 0 1,050 0 2,826 0 2,826 551,095 42,004 13.12 11/30/2000 0 1,050 0 2,835 0 2,835 559,194 42,140 13.27 12/31/2000 0 1,050 0 4,003 0 4,003 568,053 42,360 13.41 1/31/2001 0 1,050 0 2,436 0 2,436 573,688 42,464 13.51 2/28/2001 0 1,050 0 2,866 0 2,866 578,052 42,598 13.57 3/31/2001 0 1,050 0 2,875 0 2,875 581,161 42,732 13.60 4/30/2001 0 0 0 2,884 0 2,884 579,768 42,946 13.50 5/31/2001 0 2,100 0 2,899 0 2,899 580,578 43,006 13.50 6/30/2001 0 1,050 0 2,903 0 2,903 581,996 43,143 13.49 7/31/2001 0 1,050 0 2,912 0 2,912 590,336 43,280 13.64 8/31/2001 0 1,050 0 2,705 0 2,705 594,157 43,401 13.69 9/30/2001 0 0 0 2,713 0 2,713 599,908 43,598 13.76 10/31/2001 7,675 0 153 2,725 0 2,725 612,347 44,341 13.81 11/30/2001 4,770 0 96 2,771 0 2,771 613,160 44,887 13.66 12/31/2001 0 1,050 0 2,581 0 2,581 609,753 45,000 13.55 1/31/2002 0 0 0 2,588 0 2,588 612,343 45,191 13.55 2/28/2002 0 0 0 2,599 0 2,599 617,653 45,382 13.61 3/31/2002 0 0 0 2,609 0 2,609 611,639 45,577 13.42 4/30/2002 0 0 0 2,279 0 2,279 620,297 45,745 13.56 5/31/2002 0 0 0 2,287 0 2,287 624,877 45,913 13.61 6/30/2002 6,000 0 121 2,296 0 2,296 635,348 46,512 13.66 Page 12 of 35
American Funds Intm Bd Fd Amer A Period End Invest Withdraw Charges Income Capital Gains Reinvest Market Value Shares NAV 6/30/2002 6,000 0 121 2,296 0 2,296 635,348 46,512 13.66 7/31/2002 0 0 0 2,326 0 2,326 641,384 46,680 13.74 8/31/2002 0 0 0 2,136 0 2,136 646,791 46,835 13.81 9/30/2002 0 0 0 2,007 0 2,007 653,955 46,980 13.92 10/31/2002 0 0 0 2,081 0 2,081 651,818 47,131 13.83 Total 558,355 24,254 13,669 94,641 0 94,641 Ending Amount Attributable to Market Value Shares Return on the Investment Percent Principal: 578,932 41,861 Average Annual: 6.92% Income: 72,886 5,270 Cumulative: 24.29% Capital Gains: 0 0 Total Ending Amount: 651,818 47,131 Page 13 of 35
American Funds Intm Bd Fd Amer A Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - American Funds Intm Bd Fd Amer A: $251,138 initial investment on 7/31/1999; custom investments and/or withdrawals. Initial investment subject to 2.50% sales charge. Subsequent investments subject to a maximum sales charge of 3.75%. Withdrawals not subject to deferred sales charges. The effects of income and capital gains taxes are not demonstrated. Page 14 of 35
American Funds Intm Bd Fd Amer A $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $651,818) Net Amount Invested (Ending Market Value: $534,101) Page 15 of 35
Hypothetical Illustration Thomson US: Aggressive Growth - MF Investment Summary * - Thomson US: Aggressive Growth - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Buy Sell Commission Commission 0.00% 0.00% Period End Invest Withdraw Charges Value 7/31/1999 251,138 0 0 251,138 8/31/1999 29,000 0 0 278,002 9/30/1999 0 0 0 279,456 10/31/1999 30,000 0 0 327,563 11/30/1999 9,865 0 0 366,513 12/31/1999 0 7,200 0 412,330 1/31/2000 167,816 0 0 572,460 2/29/2000 0 127 0 670,820 3/31/2000 51,616 0 0 710,921 4/30/2000 0 1,050 0 650,703 5/31/2000 0 127 0 607,929 6/30/2000 0 1,050 0 675,331 7/31/2000 475 0 0 652,191 8/31/2000 0 1,050 0 716,920 9/30/2000 0 1,050 0 684,691 10/31/2000 0 1,050 0 635,544 11/30/2000 0 1,050 0 537,783 12/31/2000 0 1,050 0 550,130 1/31/2001 0 1,050 0 566,664 2/28/2001 0 1,050 0 481,433 3/31/2001 0 1,050 0 428,024 4/30/2001 0 0 0 478,154 5/31/2001 0 2,100 0 473,708 6/30/2001 0 1,050 0 467,749 7/31/2001 0 1,050 0 442,691 8/31/2001 0 1,050 0 407,375 9/30/2001 0 0 0 353,738 10/31/2001 7,675 0 0 384,208 11/30/2001 4,770 0 0 423,330 12/31/2001 0 1,050 0 430,826 1/31/2002 0 0 0 417,867 2/28/2002 0 0 0 394,009 3/31/2002 0 0 0 414,609 4/30/2002 0 0 0 391,964 5/31/2002 0 0 0 378,859 6/30/2002 6,000 0 0 351,560 7/31/2002 0 0 0 319,224 Page 16 of 35
Thomson US: Aggressive Growth - MF Period End Invest Withdraw Charges Value 8/31/2002 0 0 0 316,749 9/30/2002 0 0 0 292,320 10/31/2002 0 0 0 313,377 Total 558,355 24,254 0 Ending Accumulation Value Value Return on the Investment Percent Total Ending Amount: 313,377 Average Annual: -16.52% Cumulative: -44.39% Page 17 of 35
Thomson US: Aggressive Growth - MF Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - Thomson US: Aggressive Growth - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Page 18 of 35
Thomson US: Aggressive Growth - MF $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $313,377) Net Amount Invested (Ending Market Value: $534,101) Page 19 of 35
Hypothetical Illustration Thomson US: Balanced - Domestic - MF Investment Summary * - Thomson US: Balanced - Domestic - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Buy Sell Commission Commission 0.00% 0.00% Period End Invest Withdraw Charges Value 7/31/1999 251,138 0 0 251,138 8/31/1999 29,000 0 0 277,007 9/30/1999 0 0 0 273,348 10/31/1999 30,000 0 0 311,002 11/30/1999 9,865 0 0 325,642 12/31/1999 0 7,200 0 328,425 1/31/2000 167,816 0 0 487,351 2/29/2000 0 127 0 488,252 3/31/2000 51,616 0 0 565,972 4/30/2000 0 1,050 0 555,304 5/31/2000 0 127 0 549,166 6/30/2000 0 1,050 0 558,075 7/31/2000 475 0 0 557,558 8/31/2000 0 1,050 0 581,580 9/30/2000 0 1,050 0 568,062 10/31/2000 0 1,050 0 565,208 11/30/2000 0 1,050 0 542,121 12/31/2000 0 1,050 0 554,761 1/31/2001 0 1,050 0 565,361 2/28/2001 0 1,050 0 540,524 3/31/2001 0 1,050 0 520,768 4/30/2001 0 0 0 542,858 5/31/2001 0 2,100 0 544,042 6/30/2001 0 1,050 0 535,456 7/31/2001 0 1,050 0 533,941 8/31/2001 0 1,050 0 517,118 9/30/2001 0 0 0 490,570 10/31/2001 7,675 0 0 508,699 11/30/2001 4,770 0 0 533,082 12/31/2001 0 1,050 0 535,026 1/31/2002 0 0 0 530,038 2/28/2002 0 0 0 524,799 3/31/2002 0 0 0 535,607 4/30/2002 0 0 0 523,881 5/31/2002 0 0 0 522,007 6/30/2002 6,000 0 0 505,784 7/31/2002 0 0 0 482,231 Page 20 of 35
Thomson US: Balanced - Domestic - MF Period End Invest Withdraw Charges Value 8/31/2002 0 0 0 486,671 9/30/2002 0 0 0 459,303 10/31/2002 0 0 0 475,642 Total 558,355 24,254 0 Ending Accumulation Value Value Return on the Investment Percent Total Ending Amount: 475,642 Average Annual: -3.83% Cumulative: -11.92% Page 21 of 35
Thomson US: Balanced - Domestic - MF Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - Thomson US: Balanced - Domestic - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Page 22 of 35
Thomson US: Balanced - Domestic - MF $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $475,642) Net Amount Invested (Ending Market Value: $534,101) Page 23 of 35
Hypothetical Illustration Thomson US: Genl Bd - Inv Gr/Mkt - CE Investment Summary * - Thomson US: Genl Bd - Inv Gr/Mkt - CE: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Buy Sell Commission Commission 0.00% 0.00% Period End Invest Withdraw Charges Value 7/31/1999 251,138 0 0 251,138 8/31/1999 29,000 0 0 275,606 9/30/1999 0 0 0 271,981 10/31/1999 30,000 0 0 299,007 11/30/1999 9,865 0 0 305,530 12/31/1999 0 7,200 0 294,904 1/31/2000 167,816 0 0 466,515 2/29/2000 0 127 0 474,666 3/31/2000 51,616 0 0 528,780 4/30/2000 0 1,050 0 530,957 5/31/2000 0 127 0 530,632 6/30/2000 0 1,050 0 554,012 7/31/2000 475 0 0 560,522 8/31/2000 0 1,050 0 578,900 9/30/2000 0 1,050 0 580,297 10/31/2000 0 1,050 0 583,465 11/30/2000 0 1,050 0 591,431 12/31/2000 0 1,050 0 623,090 1/31/2001 0 1,050 0 644,783 2/28/2001 0 1,050 0 649,778 3/31/2001 0 1,050 0 658,943 4/30/2001 0 0 0 651,182 5/31/2001 0 2,100 0 659,961 6/30/2001 0 1,050 0 677,386 7/31/2001 0 1,050 0 678,157 8/31/2001 0 1,050 0 695,067 9/30/2001 0 0 0 679,388 10/31/2001 7,675 0 0 704,244 11/30/2001 4,770 0 0 710,716 12/31/2001 0 1,050 0 708,762 1/31/2002 0 0 0 723,432 2/28/2002 0 0 0 728,198 3/31/2002 0 0 0 711,582 4/30/2002 0 0 0 722,120 5/31/2002 0 0 0 736,352 6/30/2002 6,000 0 0 743,522 7/31/2002 0 0 0 736,491 Page 24 of 35
Thomson US: Genl Bd - Inv Gr/Mkt - CE Period End Invest Withdraw Charges Value 8/31/2002 0 0 0 752,967 9/30/2002 0 0 0 760,060 10/31/2002 0 0 0 745,589 Total 558,355 24,254 0 Ending Accumulation Value Value Return on the Investment Percent Total Ending Amount: 745,589 Average Annual: 11.84% Cumulative: 43.86% Page 25 of 35
Thomson US: Genl Bd - Inv Gr/Mkt - CE Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - Thomson US: Genl Bd - Inv Gr/Mkt - CE: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Page 26 of 35
Thomson US: Genl Bd - Inv Gr/Mkt - CE $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $745,589) Net Amount Invested (Ending Market Value: $534,101) Page 27 of 35
Hypothetical Illustration Thomson US: Growth & Income - MF Investment Summary * - Thomson US: Growth & Income - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Buy Sell Commission Commission 0.00% 0.00% Period End Invest Withdraw Charges Value 7/31/1999 251,138 0 0 251,138 8/31/1999 29,000 0 0 275,369 9/30/1999 0 0 0 267,088 10/31/1999 30,000 0 0 308,521 11/30/1999 9,865 0 0 322,137 12/31/1999 0 7,200 0 328,856 1/31/2000 167,816 0 0 483,398 2/29/2000 0 127 0 473,591 3/31/2000 51,616 0 0 565,554 4/30/2000 0 1,050 0 554,487 5/31/2000 0 127 0 550,885 6/30/2000 0 1,050 0 550,947 7/31/2000 475 0 0 549,089 8/31/2000 0 1,050 0 582,561 9/30/2000 0 1,050 0 566,213 10/31/2000 0 1,050 0 568,073 11/30/2000 0 1,050 0 533,663 12/31/2000 0 1,050 0 549,980 1/31/2001 0 1,050 0 560,800 2/28/2001 0 1,050 0 527,098 3/31/2001 0 1,050 0 499,838 4/30/2001 0 0 0 532,160 5/31/2001 0 2,100 0 535,826 6/30/2001 0 1,050 0 521,956 7/31/2001 0 1,050 0 516,115 8/31/2001 0 1,050 0 490,702 9/30/2001 0 0 0 451,720 10/31/2001 7,675 0 0 467,845 11/30/2001 4,770 0 0 503,042 12/31/2001 0 1,050 0 509,464 1/31/2002 0 0 0 502,124 2/28/2002 0 0 0 495,933 3/31/2002 0 0 0 515,621 4/30/2002 0 0 0 494,663 5/31/2002 0 0 0 491,521 6/30/2002 6,000 0 0 464,547 7/31/2002 0 0 0 427,969 Page 28 of 35
Thomson US: Growth & Income - MF Period End Invest Withdraw Charges Value 8/31/2002 0 0 0 430,292 9/30/2002 0 0 0 387,218 10/31/2002 0 0 0 411,792 Total 558,355 24,254 0 Ending Accumulation Value Value Return on the Investment Percent Total Ending Amount: 411,792 Average Annual: -8.40% Cumulative: -24.82% Page 29 of 35
Thomson US: Growth & Income - MF Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - Thomson US: Growth & Income - MF: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Page 30 of 35
Thomson US: Growth & Income - MF $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $411,792) Net Amount Invested (Ending Market Value: $534,101) Page 31 of 35
Hypothetical Illustration U.S. 30-Day Treasury Bills Investment Summary * - U.S. 30-Day Treasury Bills: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Hypothetical Table Buy Sell Commission Commission 0.00% 0.00% Period End Invest Withdraw Charges Value 7/31/1999 251,138 0 0 251,138 8/31/1999 29,000 0 0 280,980 9/30/1999 0 0 0 281,891 10/31/1999 30,000 0 0 312,794 11/30/1999 9,865 0 0 323,757 12/31/1999 0 7,200 0 317,676 1/31/2000 167,816 0 0 486,725 2/29/2000 0 127 0 488,635 3/31/2000 51,616 0 0 542,330 4/30/2000 0 1,050 0 543,618 5/31/2000 0 127 0 545,658 6/30/2000 0 1,050 0 546,828 7/31/2000 475 0 0 549,789 8/31/2000 0 1,050 0 551,433 9/30/2000 0 1,050 0 552,874 10/31/2000 0 1,050 0 554,132 11/30/2000 0 1,050 0 555,004 12/31/2000 0 1,050 0 555,898 1/31/2001 0 1,050 0 557,071 2/28/2001 0 1,050 0 558,246 3/31/2001 0 1,050 0 559,319 4/30/2001 0 0 0 561,165 5/31/2001 0 2,100 0 560,701 6/30/2001 0 1,050 0 561,165 7/31/2001 0 1,050 0 561,686 8/31/2001 0 1,050 0 562,153 9/30/2001 0 0 0 563,502 10/31/2001 7,675 0 0 572,248 11/30/2001 4,770 0 0 577,876 12/31/2001 0 1,050 0 577,635 1/31/2002 0 0 0 578,444 2/28/2002 0 0 0 579,254 3/31/2002 0 0 0 580,064 4/30/2002 0 0 0 580,877 5/31/2002 0 0 0 581,690 6/30/2002 6,000 0 0 588,504 7/31/2002 0 0 0 589,328 Page 32 of 35
U.S. 30-Day Treasury Bills Period End Invest Withdraw Charges Value 8/31/2002 0 0 0 590,153 9/30/2002 0 0 0 590,920 10/31/2002 0 0 0 591,629 Total 558,355 24,254 0 Ending Accumulation Value Value Return on the Investment Percent Total Ending Amount: 591,629 Average Annual: 3.50% Cumulative: 11.83% Page 33 of 35
U.S. 30-Day Treasury Bills Investment and Withdrawal Schedule JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 1999 251,138 29,000 30,000 9,865-7,200 2000 167,816-127 51,616-1,050-127 -1,050 475-1,050-1,050-1,050-1,050-1,050 2001-1,050-1,050-1,050-2,100-1,050-1,050-1,050 7,675 4,770-1,050 2002 6,000 Investment Summary * - U.S. 30-Day Treasury Bills: $251,138 initial amount on 7/31/1999; custom additions and/or subtractions. The effects of income and capital gains taxes are not demonstrated. Page 34 of 35
U.S. 30-Day Treasury Bills $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 7/31/1999 1/31/2000 7/31/2000 1/31/2001 7/31/2001 1/31/2002 7/31/2002 Market Value (Ending Amount: $591,629) Net Amount Invested (Ending Market Value: $534,101) Page 35 of 35