Results from open and closed trades from Jan 1st 2007 to Dec 31st 2007 on Large Cap Equities listed on NYSE - NASDAQ and TSX.

Going forward the performance presented herein represents the actual performance of our Equity Portfolio. The returns are net of underlying manager fees and commissions. 

In calculating this performance we rely on the actual unaudited performance returns provided by the underlying managers to a database, which we believe to be reliable, but make no representations or warranties as to their accuracy or completeness. 

Past performance is no indication of future performance