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Performance Benchmark
Compare your performance against another security.
 Security:   to  
  IRR Portfolio
Value
bivio Club Index  28.9% 7,617.53
Vanguard 500 Index Fund (VFINX)  24.4% 7,357.57

Transaction Date Description Investments Returns VFINX
Shares
01/01/2003 VFINX beginning market value 5,916.84 70.5562
03/28/2003 VFINX distribution reinvested, $21.17 0.2657
06/20/2003 VFINX distribution reinvested, $21.25 0.2311
09/26/2003 VFINX distribution reinvested, $25.58 0.2778
12/26/2003 VFINX distribution reinvested, $33.53 0.3315
12/31/2003 VFINX ending market value 7,357.57
    5,916.84 7,357.57 71.6623
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