Investment Performance

(Updated through 12-31-2010)

"Trend Following" Investment Styles

(These investment styles attempt to preserve capital during market down

trends by switching to money market and / or applying hedging strategies)

Investment Style	2010	2009	2008	2007	2006	2005	2004	2003
Trend- Bond Funds	10.3%	32.1%	1.8%	5.8%	7.3%	2.9%	4.6%	28.3%
Barclay Aggr Bond Index	6.5%	5.9%	5.2%	7.0%	4.4%	2.5%	4.3%	4.1%
Trend- Global ETFs	6.9%	27.1%	-15.2%	8.2%	20.6%	16.8%	11.1%	27.7%
All Country World Index	12.7%	34.6%	-42.2%	11.7%	20.9%	10.8%	15.2%	34.6%
Trend- Large Cap Stocks	-2.1%	22.0%	-17.8%	12.1%	na	na	na	na
S&P 500 Index Total Return	15.1%	26.5%	-37.0%	5.5%	na	na	na	na
Trend- Mid Cap Stocks	15.1%	18.7%	-22.6%	13.3%	na	na	na	na
Russell Midcap Total Return	25.5%	40.5%	-38.4%	5.6%	na	na	na	na

Investment returns in blue, Benchmarks in black (see full explanation at bottom of page)

"Core" Investment Styles

(These investment styles generally stay fully

invested regardless of current market trends)

Investment Style	2010	2009	2008	2007	2006	2005	2004	2003
Core- Dividend Inc Stocks	6.8%	16.1%	-27.0%	12.2%	17.4%	7.9%	22.1%	22.9%
DJ Industrial Avg Total Ret	14.1%	22.7%	-31.9%	8.9%	19.0%	1.7%	5.3%	28.3%
Core-Quality Growth Stocks	6.7%	28.6%	-39.5%	20.6%	1.8%	4.3%	17.0%	32.3%
S&P 500 Total Return	15.1%	26.5%	-37.0%	5.5%	15.6%	4.9%	10.7%	28.3%
Core- Real Est Stocks	22.4%	27.1%	-16.8%	-6.7%	38.4%	5.9%	30.0%	31.1%
DJ Equity REIT Total Return	28.5%	28.5%	-37.6%	-15.6%	35.4%	11.1%	32.1%	36.7%

Investment returns in blue, Benchmarks in black (see full explanation below)

Total return figures (blue) are actual returns realized by a representative client invested in the designated investment strategy managed by Schultz Financial Mgmt Corp. Client accounts may experience a +/- .5% annual variation in these values. These figures are net of the maximum annual 1% annual investment management fee for accounts greater than $500,000. Total returns figures for benchmark indices (black) are shown for comparison purposes with the corresponding investment strategy.

Definition of Terms

Investment Portfolio:

This is an investor's entire investment portfolio not including home, personal property, and liquid funds needed for living expenses and emergencies.

This may include brokerage accounts, IRAs, annuities, rental property and company retirement plans such as 401(k)s.

A portfolio should be tailored to meet an an investor's objectives. Then it should be monitored and adjusted in order to control risk.

Investment Style:

This refers to an investment approach to buying or selling securities within an asset class. We use "core" and "trend following" to distinguish between two distinctly different approaches that we use.

Our core investments would typically stay mostly invested throughout a full business cycle.

Our trend following investments attempt to reduce market exposure during downtrends in order to preserve capital.