In June, the AlphaProfit Focus and Core model portfolios gained 5.1% and 2.4%, respectively while the Dow Jones Wilshire 5000 Total Market Index
gained 0.9%. For the first half of 2005, the AlphaProfit Focus and Core model portfolios have outperformed the Dow Jones Wilshire 5000 Index by 12.5% and 2.7%,
respectively.
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