| Each fund in the table below has returned 5% or more per year greater than the inflation rate, for each of the past five calendar years ("inflation + 5%" is generally considered a respectable target return for so-called "absolute return" funds). The "inflation + 5%" target rate is indicated below each year, at the top (e.g., for 2004, "inflation + 5%" = 8.26%, from which you can also determine that the inflation rate for the year was 3.26%). Funds are listed alphabetically. |
| ---------- Fund return % for the year: ---------- | ||||||
|---|---|---|---|---|---|---|
| Fund | FundAlarm Benchmark | 2004 (Inflation+5%= 8.26%) | 2003 (Inflation+5%= 6.88%) | 2002 (Inflation+5%= 7.38%) | 2001 (Inflation+5%= 6.55%) | 2000 (Inflation+5%= 8.39%) |
| AIM Real Estate A (IARAX) | Specialty-RealEst | 36.01 | 39.21 | 8.77 | 10.27 | 29.12 |
| AIM Real Estate B (AARBX) | Specialty-RealEst | 35.07 | 38.33 | 8.12 | 9.48 | 28.2 |
| AIM Real Estate C (IARCX) | Specialty-RealEst | 35.09 | 38.34 | 8.06 | 9.5 | 28.25 |
| Alpine Realty Income & Growth Y (AIGYX) | Specialty-RealEst | 31.02 | 33.79 | 14.95 | 12.64 | 31.99 |
| Bruce (BRUFX) | Vang Bal Idx | 57.19 | 66.82 | 9.23 | 22.48 | 38.64 |
| Burnham Financial Services A (BURKX) | Specialty-Financial | 13.13 | 40.66 | 17.55 | 29.28 | 52.78 |
| Burnham Financial Services B (BURMX) | Specialty-Financial | 12.26 | 39.75 | 16.5 | 28.38 | 51.62 |
| Diamond Hill Bank & Financial A (BANCX) | Specialty-Financial | 16.67 | 41.85 | 11.22 | 23.91 | 13.19 |
| FBR Small Cap Financial (FBRSX) | Specialty-Financial | 16.05 | 41.05 | 18.68 | 23.85 | 32.42 |
| First Eagle Global A (SGENX) | Schwab Intl Idx | 18.37 | 37.64 | 10.23 | 10.21 | 9.72 |
| First Eagle Global C (FESGX) | Schwab Intl Idx | 17.49 | 36.63 | 9.43 | 9.44 | 8.86 |
| Forward Emerald Banking & Finance A (HSSAX) | Specialty-Financial | 20.74 | 44.59 | 14.6 | 15.54 | 15.1 |
| Royce Special Equity Inv (RYSEX) | Vang SmCap Idx | 13.91 | 27.64 | 15.32 | 30.75 | 16.3 |
| Scudder RREEF Real Estate Instl (RRRRX) | Specialty-RealEst | 31.88 | 38.91 | 7.77 | 14.32 | 29.23 |
| Scudder RREEF Real Estate Secs A (RRRAX) | Specialty-RealEst | 31.57 | 38.51 | 7.63 | 14.03 | 28.9 |
| Senbanc (SENBX) | Specialty-Financial | 11.86 | 32.49 | 19.8 | 20.65 | 16.46 |
| Strategic Partners Real Est Secs A (PURAX) | Specialty-RealEst | 39.81 | 46.23 | 7.41 | 8.03 | 17.3 |
| Yacktman (YACKX) | Vang 500 Idx | 9.93 | 33.03 | 11.41 | 19.46 | 13.46 |