Cumulative Performance
as of 6/30/08 Inception Date 9/1/93
as of
6/30/08
2nd Qtr 2008
Last 12 months
3 Years
annualized
5
Years
annualized
10
Years
annualized
PPCM
gross
of fees
0.47%
-7.86%
8.29%
11.45%
6.77%
PPCM
net
offees
0.34%
-8.33%
7.76%
10.89%
6.24%
S&P 500
Index
-2.73%
-13.19%
4.37%
7.55%
2.86%
S&P
500
Growth
-2.05%
-5.83%
5.70%
6.83%
1.76%
The S&P 500 Growth index is the S&P 500/Barra Growth total return index
from inception through 6/30/06, and the S&P 500/Citigroup Growth total
return index thereafter.
Cumulative Performance
as of 6/30/08 Inception Date 7/1/94
as of
6/30/08
2nd Qtr 2008
Last 12 months
3 Years
annualized
5
Years
annualized
10
Years
annualized
PPCM
gross
of fees
5.20%
-6.86%
8.77%
12.24%
6.98%
PPCM
net of fees
5.07%
-7.34%
8.23%
11.68%
6.45%
S&P MidCap 400
5.43%
-7.34%
7.45%
12.61%
9.84%
S&P MidCap Growth
8.71%
-1.20%
9.66%
12.62%
9.89%
The S&P MidCap Growth index is the S&P MidCap 400/Barra Growth total
return index from inception through 6/30/06, and the S&P MidCap
400/Citigroup Growth total return index thereafter.