• Quarterly Retunrs

Quarterly Retunrs


2005 4th Qtr 3rd Qtr 2nd Qtr 1st Qtr
Peregrine Equity Composite 16.19% 5.16% 4.95% 7.64% -2.23%
Peregrine Balanced Composite 5.95% 1.60% 1.13% 3.49% -.37%
S&P 500 Index 4.98% 2.07% 3.14% .91% -2.16%
*Past Performance is no guarantee of future results. Investment management involves the possibility of losses. Significant general stock market moves up and down can influence the performance of client portfolios. Composite returns are based on client portfolios of over $100,000. Not all clients are included in the composites. All returns include the reinvestment of dividends. All returns are net of fees. Composite returns are derived from aggregated, time weighted returns for clients of Peregrine Asset Advisers. Individual client returns can deviate from the composite returns. While Peregrine uses the S&P 500 as a benchmark, Peregrine does not attempt to mimic the structure of this index. Individual client portfolios vary. The number of stock positions also varies per client.