Performance* (net of fees)
Growth of $100.00 for the period 6/30/01 - 12/31/09
Growth of $100.00 for the period 6/30/01 - 12/31/09

Rates of Return* (%) as of 12/31/09
| Annualized | Cumulative |
|||||
| 1 Yr | 3 Yr | 5 Yr | Since Inception 6/30/01 |
Since Inception 6/30/01 |
||
| Lakeshore (gross of fees) | 22.58 | -1.48 | 4.11 | 7.81 | 89.52 | |
| Lakeshore (net of fees) | 21.50 | -2.33 | 3.17 | 6.91 | 76.45 | |
| S&P 500 Index | 26.46 | -5.63 | 0.42 | 0.82 | 7.19 | |
Relative Cumulative Returns* 6/30/01 - 12/31/09

Up/down Capture Ratios* 6/30/01 - 12/31/09
| Up Capture (%) | Down Capture (%) | |||||
| Lakeshore |
|
|
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| S&P 500 Index |
|
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| Number of Quarters Up | Number of Quarters Down | |||||
| Lakeshore | 23 | 11 | ||||
| S&P 500 Index | 21 | 13 |
*Please see Performance Disclosures for full compliant disclosures.
Past performance is not indicative of future results.
