Consolidated Fund Performance

Total Return for the Period Ending March 31, 2008

Fund Results*
2nd Q
YTD
1-Year
2-Years
3-Years
5-Years
7-Years
Total Fund
-1.80
-6.86
-8.39
3.25
5.24
7.69
5.15
Blended Benchmark
-2.62
-7.47
-8.27
3.03
4.41
7.15
4.55
Large Cap Domestic Stocks
-0.15
-10.13
-14.36
1.65
5.45
9.01
3.86
Blended Large Cap Benchmark
-4.03
-9.08
-16.00
0.91
3.96
8.24
3.58
Performance by Manager
Chicago Equity Partners
1.51
-9.33
-11.38
2.24
5.86
9.06
3.56
S&P 500
-2.73
-11.91
-13.12
2.36
4.40
7.58
2.45
Brandywine Global
-0.81
-9.70
-14.35
2.66
5.70
7.70
3.65
Russell 1000
-1.90
-11.21
-12.38
2.72
4.80
8.22
3.01
Great Lakes Advisors
-3.39
-13.71
-17.34
-0.64
4.29
10.12
n/a
Russell 1000 Value
-5.32
-13.58
-18.79
-0.52
3.52
8.91
n/a
US Trust
-0.32
-8.18
-16.02
1.93
5.64
10.38
n/a
Russell 1000 Value
-5.32
-13.58
-18.79
-0.52
3.52
8.91
n/a
Radnor Small Cap
-5.18
-14.70
-19.99
-1.73
6.27
n/a
n/a
Russell 2000
0.58
-9.38
-16.19
-1.21
3.79
n/a
n/a
Boston Common
-3.83
-12.27
-14.09
3.14
n/a
n/a
n/a
MSCI EAFE
-2.26
-10.96
-10.61
6.55
n/a
n/a
n/a
Schroder Investment Management
-2.09
0.90
6.87
6.96
3.68
4.18
5.47
Lehman Aggregate Bond
-1.02
1.13
7.13
6.62
4.08
3.86
5.44
Urdang
-4.15
-1.59
-10.34
0.47
7.27
n/a
n/a
Wilshire REIT Index
-5.40
-3.40
-15.41
-2.79
4.82
n/a
n/a
 

*All returns are in percent. Returns for periods exceeding one year are annualized.

No predictions are made for the future and past returns are no guarantee of future results

Blended Benchmark

21% S&P 500, 21% Russell 1000 Value, 5% Russell 2000, 15% MSCI EAFE (Europe, Australasia & Far East), 33% Lehman Aggregate Bond Index, 5% DJ Wilshire Real Estate Securities Index

Blended Large Cap Domestic Stocks Benchmark

50% S&P 500, 50% Russell 1000 Value

 
 
 


Friends Fiduciary Corporation. 1515 Cherry Street. Philadelphia, PA 19102