[LOGO OMMITTED]
1995
Annual Report
The Rightime Fund, Inc.
Dear Shareholder:
1995's stock market was a charm. One that makes everyone want to invest in
stocks. A market where investors feel smart. Many broad-based, unmanaged stock
indexes are up over 30% year-to-date. And most everyone can cite at least one
stock that more than doubled. It seems anyone could make money in this market
if only they invested.
I recently spoke to a stockbroker I have known for fifteen years. He is a
successful, seasoned broker who has been in the business a long time. He is
familiar with the Rightime Funds and is well aware that the Rightime Market
Model (RTMM(registered trademark)), and only the Model, defines our
investment position. He knows we do not solicit, nor heed, broker's opinions,
but, naturally, he offers his opinions anyway.
His comment was, "This is a once in a lifetime market." Not necessarily an
unusual opinion for a man who sells stocks for a living. However, it struck me
because in early February as we were implementing our most recent buy signal
he said, "I don't like this signal . . . I really don't like this signal." Now
that the market is up over 30%, he can see that this is a "once in a lifetime
market." But recognizing the "once in a lifetime market" was important in
February, not now.
Let's look back to where we were in February. After a moderate downturn in
1994, stocks were once again rising in February 1995 when the Rightime Market
Model (RTMM(registered trademark)) indicated that stocks were undervalued and
triggered our move back into equities. The previous year, 1994, had been very
difficult. Especially so for bond investors who had one of the worst years in
the last fifty. Both short- and long-term interest rates had been rising
throughout most of 1994, pushing bond prices down and putting pressure on the
stock market. Inflation was a heightened concern. As a result, the Fed was
jacking up the Fed Funds rate and with fourth quarter GDP growth at a high
5.1%, more rate hikes were on the horizon. As mentioned, stocks had been
mostly down in 1994. However, given the rising interest rate environment of
the time, they were down less than expected due to strong earnings growth in
the third and fourth quarter.
Just when we all began to get comfortable with the anticipated difficulties we
were in for, the world changed. It didn't change in a hit-you-over-the-head,
"hey, everything is all right with the world" kind of way, however. Turning
points are only that obvious in hindsight. No, it was subtle. The previously
mentioned earnings growth continued throughout 1995. Slowly, long term
interest rates began to stabilize, and then even to fall. Inflation, 1994's
villain, was turning into a bogey man--frightening in theory, but nowhere in
sight. And finally, short term interest rates turned and began a slow, steady
descent.
To outsiders it must seem that the buy signal we received was pretty easy to
live with what with all these turning points and strong growth rates. Not
exactly. Remember, the dollar was declining, Mexico was in the middle of a
currency crisis, a rogue trader in Singapore bankrupted a 230-year-old bank
and, the aforementioned stockbroker "really didn't like this signal."
Today we can look back and say we had every confidence in the Rightime
Market Model (RTMM(registered trademark)), but we are human, and our
emotions occasionally do make us nervous. Quite frankly, we were very
nervous and most account executives we know were very fearful of getting
into the market at a new high.
This is where the Model adds value as it has demonstrated over and over again.
Value, not just in recognizing periods of overvaluation when risk is high or
periods of undervaluation when opportunity is high, but value in also
providing the discipline to buy or sell when emotion would keep you on the
sidelines. Discipline is truly the value added. No investment program can be
successful without it. Without that discipline the funds would not be where
they are today. Each of the equity funds has been fully invested since
February. We could not have anticipated how high the market would go, however,
we had the discipline to stay with our position, even though the market
climbed a "wall of worry" all the way. The graphs and tables in this annual
report provide performance details.
As we approach the end of 1995, today's environment is quite different from
1994's. As stated before, earnings growth remains strong, inflation is in
check, interest rates are low and declining. This has been an ideal world for
equity investing and remains so at present. Yet remember that change tends to
be subtle at the outset. The Rightime Market Model (RTMM(registered
trademark)) will remain poised to recognize those subtle, inevitable changes.
The Rightime Market Models (RTMM(registered trademark)) provide a
quantitative, economically based, disciplined decision-making process which
enables us to invest unemotionally and objectively. Over a market cycle, we
attempt to provide substantially less than market risk, while attempting to
take advantage of growth opportunities when stocks and/or bonds are relatively
undervalued and have less than average risk.
/s/David J. Rights
---------------
David J. Rights, President
October 31, 1995
Rightime The Rightime Fund
Family of Funds Portfolio of
Investments
- -----------------------------------------------------------------------------
Value
Shares (Note 1)
------- ------------
EQUITY FUNDS: (93.59%)
274,225 AIM Constellation Fund $ 6,496,400
317,386 AIM Weingarten Fund 6,452,452
205,880 AIM Value Fund Class A 5,824,350
14 Alliance Quasar Fund
Class A 340
116,414 Columbia Growth Fund 3,584,401
274,389 Columbia Special Fund 6,198,455
135,266 Fidelity Magellan Fund 12,172,639
79,718 Fortis Equity Capital Fund
Class A 1,653,363
322,577 Founders Blue Chip Fund 2,429,004
255,728 Founders Special Fund 2,235,059
356,187 IDS Growth Fund Class A 7,975,021
299,401 IDS Progressive Fund
Class A 2,218,563
82,827 Janus Fund 1,935,658
87,813 Janus Twenty Fund 2,645,800
106,957 Janus Venture Fund 6,366,081
101,398 Lindner Fund 2,323,039
176,344 MFS - Emerging Growth Fund
Class A 4,498,527
185,863 MFS - Growth Opportunity
Fund Class A 2,451,529
78,536 Mutual Beacon Fund 2,909,775
278,796 Neuberger & Berman
Guardian Fund 6,540,546
462,164 New England Growth Fund
Class A 4,843,481
66,453 Nicholas Fund 3,856,243
140,543 Nicholas II Fund 4,098,232
77,963 Oppenheimer Growth Fund
Class A 2,607,068
197,825 Pennsylvania Mutual Fund 1,665,686
356,845 Putnam OTC Emerging Growth
Fund Class A 5,556,083
374,689 Putnam Vista Fund Class A 3,597,013
408,530 Putnam Voyager Fund
Class A 6,250,505
512,598 Seligman Growth Fund
Class A 2,885,927
59,453 Seligman Communication &
Information Fund Class A 1,652,794
48,906 Seligman Capital Fund
Class A 797,171
90,063 SteinRoe Capital
Opportunity Fund 1,971,480
261,097 T-Rowe Price New
Horizons Fund 5,621,410
151,486 T-Rowe Price Growth
Stock Fund 3,528,106
262,233 20th Century Growth
Investors Fund 6,262,123
138,821 20th Century Select
Investors Fund 5,486,214
99,514 William Blair Growth Fund 1,190,183
------------
Total Equity Funds
(cost $119,207,137) 148,780,721
------------
MONEY MARKET FUNDS: (1.62%)
1,319,629 Delaware Group Cash
Reserve 1,319,629
1,257,514 New England Money
Market Fund 1,257,514
1,812 Value Line Cash Fund 1,812
------------
Total Money Market Funds
(cost $2,578,955) 2,578,955
------------
Principal Value
Amount (Note 1)
- --------- ------------
SHORT-TERM INVESTMENTS (4.88%)
Repurchase Agreement (3.62%)(b)
$5,757,000 CS First Boston Corp.
5.82%; 11/1/95
(cost $5,757,000;
maturity value $5,757,931) $ 5,757,000
United States Treasury Bill (1.26%)(c)
2,000,0005.29%; 11/30/95
(cost $1,991,485) 1,991,485
------------
Total Short-term Investments
(cost $7,748,485) 7,748,485
------------
Total Investments (cost $129,534,577)
(100.09%)(a) 159,108,161
Liabilities Less Other Assets (.09%) (142,122)
------------
Net Assets (100.00%) $158,966,039
============
(a) Aggregate cost for federal income tax purposes is $129,534,577. At
October 31, 1995 unrealized appreciation/depreciation of securities for
federal income tax purposes is as follows:
Gross unrealized appreciation $ 29,573,584
Gross unrealized depreciation 0
------------
Net unrealized appreciation $ 29,573,584
============
(b) The Repurchase Agreement is collateralized by obligations of the United
States government and its agencies with a market value of $5,877,673, which
exceeds the value of the repurchase agreement. It is the Fund's policy to
always receive, as collateral, securities whose value, including accrued
interest, will be at least equal to 102% of the dollar amount to be paid to
the Fund under each agreement at its maturity. The value of the securities
are monitored daily. If the value falls below 101% of the amount to be paid
at maturity, additional collateral is obtained. The Fund makes payment for
such securities only upon physical delivery or evidence of book entry
transferred to the account of its custodian.
(c) At October 31, 1995, the market value of $1,991,485 of the U.S.
Treasury Bill was pledged to cover margin requirements for futures contracts.
Futures contracts at October 31, 1995:
(Contracts-$500 times premium/delivery month/commitment)
Unrealized
Appreciation
--------------
S&P 500 Stock Index
35/Dec/Buy $ 70,000
=========
See accompanying notes to financial statements
October 31, 1995
The Rightime
Rightime Government Securities Fund
Family of Funds Portfolio of
Investments
- -----------------------------------------------------------------------------
Principal Value
Amount (Note 1)
--------- -------------
U.S. GOVERNMENT OBLIGATIONS (95.71%)
$ 7,000,000 U.S. Treasury Bond
9.25%; 2/15/16 $ 9,246,563
8,000,000 U.S. Treasury Bond
6.875%; 8/15/25 8,587,500
-----------
Total U.S. Government Obligations
(cost $16,803,985) 17,834,063
-----------
SHORT-TERM INVESTMENTS (4.42%)
Repurchase Agreement (1.76%)(b)
328,000 CS First Boston Corp
5.82%; 11/1/95
(cost $328,000;
maturity value
$328,053) 328,000
United States Treasury Bill (2.66%)(c)
500,000 5.31%; 1/4/96
(cost $495,293) 495,293
--------------
Total Short-term Investments
(cost $823,293) 823,293
--------------
Total Investments (cost $17,627,278)
(100.13%)(a) 18,657,356
Liabilities Less Other Assets (.13%) (24,497)
--------------
Net Assets (100.00%) $18,632,859
==============
(a) Aggregate cost for federal income tax purposes is $17,627,278. At October
31, 1995 unrealized appreciation (depreciation) of securities for federal
income tax purposes is as follows:
Gross unrealized appreciation $ 1,030,078
Gross unrealized depreciation 0
------------
Net unrealized appreciation $ 1,030,078
==============
(b) The Repurchase Agreement is collateralized by obligations of the United
States government and its agencies with a market value of $334,672 which
exceeds the value of the repurchase agreement. It is the Fund's policy to
always receive, as collateral, securities whose value, including accrued
interest, will be at least equal to 102% of the dollar amount to be paid to
the Fund under each agreement at its maturity. The value of the securities
are monitored daily. If the value falls below 101% of the amount to be paid
at maturity, additional collateral is obtained. The Fund makes payment for
such securities only upon physical delivery or evidence of book entry
transferred to the account of its custodian.
(c) At October 31, 1995, the market value of $495,293 of the U.S. Treasury
Bill was pledged to cover margin requirements for futures contracts.
Futures contracts at October 31, 1995:
(Contracts-$1000 times premium/delivery month/commitment)
Unrealized
Appreciation
------------
U.S. Treasury Bonds:
15/Dec/Buy $ 11,344
=========
See accompanying notes to financial statements
October 31, 1995
Rightime The Righti
Family of Funds Portfolio
- ---------------------------------------------------------------------
Value
Shares
---------
COMMON STOCK (98.17%)
INDUSTRIALS (74.63%)
Aerospace/Defense (1.91%)
19,500 Boeing Company $1,279,688
3,600 General Dynamics Corp. 199,350
11,368 Lockheed Martin Corp. 774,445
6,500 McDonnell Douglas Corp. 531,375
2,800 Northrop Grumman Corp. 160,300
14,100 Raytheon Company 615,113
12,500 Rockwell International Corp. 556,250
7,100 United Technologies Corp. 630,125
--------------
4,746,646
--------------
Aluminum (0.44%)
12,900 Alcan Aluminium Ltd. 407,962
10,200 Aluminum Co. of America 520,200
3,600 Reynolds Metals Co. 181,350
--------------
1,109,512
--------------
Automobiles (1.91%)
21,700 Chrysler Corp. 1,120,262
61,100 Ford Motor Co. 1,756,625
42,700 General Motors Corp. 1,868,125
--------------
4,745,012
--------------
Auto Parts After Market (0.34%)
4,800 Cooper Tire & Rubber Corp. 111,000
3,400 Echlin, Inc. 121,550
7,000 Genuine Parts Co. 277,375
8,700 Goodyear Tire & Rubber Co. 330,600
100 SPX Corp. 1,550
---------------
842,075
--------------
Beverages (Alcoholic) (0.77%)
14,600 Anheuser-Busch
Companies, Inc. 963,600
3,900 Brown-Forman Corp. Class B 148,687
2,200 Coors (Adolph) Co. Class B 39,325
21,300 Seagram Co. Ltd. 766,800
--------------
1,918,412
--------------
Beverages (Soft Drinks) (3.03%)
72,100 Coca-Cola Co. 5,182,187
45,000 PepsiCo, Inc. 2,373,750
--------------
7,555,937
--------------
Broadcast Media (0.90%)
3,700 CBS, Inc. 298,775
8,800 Capital Cities/ABC, Inc. 1,043,900
13,700 Comcast Corp. Class A Spl 244,887
37,100 Tele-Communications, Inc.
Class A * 630,700
700 Tele-Communications, Inc.
Class A Liberty Media
Group* 17,237
--------------
2,235,499
--------------
Building Materials (0.23%)
9,100 Masco Corp. 255,938
2,900 Owens-Corning
Fiberglass Corp.* 122,887
4,900 Sherwin-Williams Co. 184,363
--------------
563,188
--------------
Chemicals (2.30%)
9,200 Applied Materials, Inc.* 461,150
6,400 Air Products &
Chemicals, Inc. 330,400
15,400 Dow Chemical Co. 1,056,825
32,400 Du Pont (E.I.) de Nemours
and Company 2,020,950
1,500 Goodrich (B.F.) Co. 98,813
6,400 Hercules, Inc. 341,600
6,600 Monsanto Company 691,350
8,000 Praxair, Inc. 216,000
3,800 Rohm & Haas Co. 209,950
7,900 Union Carbide Corp. 299,213
--------------
5,726,251
--------------
Chemicals (Diversified) (0.46%)
3,100 Avery Dennison Corp. 138,725
8,250 Englehard Corp. 205,219
2,100 FMC Corp.* 150,413
100 First Mississippi Corp. 2,050
100 First Miss Gold, Inc.* 1,800
4,400 Mallinckrodt Corp. 152,900
11,600 PPG Industries, Inc. 493,000
--------------
1,144,107
--------------
Chemicals (Specialty) (0.37%)
5,500 Grace (W.R.) & Co. 306,625
3,700 Great Lakes Chemical Corp. 248,362
8,500 Morton International, Inc. 259,250
3,800 Nalco Chemical Co. 114,000
--------------
928,237
--------------
Coal (0.04%)
1,200 Eastern Enterprises 35,850
2,400 Pittston Company 66,000
--------------
101,850
--------------
Commercial Services (0.12%)
3,400 Ecolab, Inc. 98,600
2,700 National Service
Industries Inc. 80,325
2,800 Ogden Corp. 63,700
3,300 Safety-Kleen Corp. 50,738
--------------
293,363
--------------
Communication (Equipment/
Manufacturers) (1.02%)
2,200 Andrew Corp.* 92,950
3,800 Cabletron Systems* 298,775
15,400 Cisco Systems, Inc. * 1,193,500
6,500 DSC Communications Corp.* 240,500
14,500 Northern Telecom Ltd. 522,000
4,400 Scientific-Atlanta, Inc. 54,450
4,600 Tellabs, Inc.* 156,400
--------------
2,558,575
--------------
Computer Software & Services (3.18%)
10,600 Alltel Corp. 324,625
2,700 Autodesk, Inc. 91,800
8,200 Automatic Data
Processing, Inc. 586,300
13,650 Computer Associates
International, Inc. 750,750
3,100 Computer Sciences Corp.* 207,312
6,600 First Data Corp. 436,425
33,500 Microsoft Corp.* 3,350,000
21,100 Novell Inc.* 348,150
24,750 Oracle Systems Corp.* 1,079,719
1,300 Shared Medical
Systems Corp. 50,213
8,800 Silicon Graphics Inc.* 292,600
5,500 Sun Microsystems Corp.* 429,000
--------------
7,946,894
--------------
Computer Systems (2.38%)
6,800 Amdahl Corp.* 62,900
6,900 Apple Computer, Inc. 250,556
2,600 Ceridian Corp.* 113,100
15,000 Compaq Computer Corp.* 836,250
1,400 Cray Research, Inc.* 29,050
2,200 Data General Corp.* 25,300
8,400 Digital Equipment Corp.* 454,650
2,600 Intergraph Corp.* 31,525
32,600 International Business
Machines Corp. 3,170,350
11,800 Micron Technology Inc. 833,375
6,700 Tandem Computers, Inc.* 75,375
9,800 Unisys Corp.* 55,125
--------------
5,937,556
--------------
Conglomerates (0.67%)
6,600 ITT Corp. 808,500
3,200 Teledyne, Inc. 79,600
64 Teledyne, Inc. Cum. Pfd.
Series E 920
10,400 Tenneco, Inc. 456,300
4,900 Textron, Inc. 336,875
--------------
1,682,195
--------------
Containers (Metal & Glass) (0.16%)
1,700 Ball Corp. 46,962
5,100 Crown Cork & Seal Co., Inc.* 177,863
2,900 Willamette Industries, Inc. 168,200
--------------
393,025
--------------
Containers (Paper) (0.12%)
2,900 Bemis Company, Inc. 75,400
5,400 Stone Container Corp. 89,100
3,200 Temple-Inland, Inc. 145,600
--------------
310,100
--------------
Cosmetics (0.74%)
1,600 Alberto-Culver Co. Class B 50,200
3,900 Avon Products, Inc. 277,387
25,300 Gillette Co. 1,223,887
6,300 International Flavors &
Fragrances, Inc. 303,975
--------------
1,855,449
--------------
Electrical Equipment (3.41%)
12,348 AMP, Inc. 484,659
12,900 Emerson Electric Co. 919,125
96,900 General Electric Co. 6,128,925
2,900 Grainger (W.W.), Inc. 181,250
7,300 Honeywell, Inc. 306,600
2,500 Raychem Corp. 115,937
1,100 Thomas & Betts Corp. 71,087
22,200 Westinghouse Electric Corp. 313,575
--------------
8,521,158
--------------
Electronics (Defense) (0.14%)
3,000 E G & G, Inc. 55,875
9,800 Loral Corp. 290,325
--------------
346,200
--------------
Electronics (Instrumentation) (1.16%)
29,200 Hewlett-Packard Co. 2,704,650
2,400 Perkin-Elmer Corp. 84,300
1,900 Tektronix, Inc. 112,575
--------------
2,901,525
--------------
Electronics (Semiconductors) (2.62%)
5,900 Advanced Micro
Devices, Inc.* 140,863
47,100 Intel Corp. 3,291,112
33,700 Motorola, Inc. 2,211,563
7,100 National Semiconductor
Corp.* 173,062
10,700 Texas Instruments, Inc. 730,275
--------------
6,546,875
--------------
Engineering & Construction (0.14%)
4,700 Fluor Corp. 265,550
2,100 Foster Wheeler Corp. 78,750
1,900 Morrison Knudsen Corp. 12,350
--------------
356,650
--------------
Entertainment (0.72%)
29,900 Walt Disney Company 1,722,988
2,100 King World Productions,
Inc.* 73,237
--------------
1,796,225
--------------
Foods (2.62%)
30,995 Archer Daniels Midland Co. 499,794
8,300 CPC International, Inc. 550,912
14,300 Campbell Soup Co. 748,962
14,100 ConAgra, Inc. 544,613
9,100 Darden Restaurants, Inc. 103,513
9,100 General Mills, Inc. 522,113
14,000 Heinz (H.J.) Co. 651,000
4,500 Hershey Foods Corp. 268,875
12,600 Kellogg Co. 910,350
7,600 Quaker Oats Co. 259,350
100 RJR Nabisco Holdings Corp. 3,075
6,000 Ralston Purina Co. 356,250
27,400 Sara Lee Corp. 804,875
6,700 Wrigley, (Wm) Jr. Co. 311,550
--------------
6,535,232
--------------
Food Wholesalers (0.19%)
2,200 Fleming Companies, Inc. 49,775
3,900 Super Valu Stores 119,925
10,400 Sysco Corp. 315,900
--------------
485,600
--------------
Gold Mining (0.58%)
20,200 Barrick Gold Corp. 467,125
6,400 Echo Bay Mines Ltd. 57,600
10,700 Freeport McMoran Copper &
Gold, Inc. Class B 243,425
7,900 Homestake Mining Co. 121,462
4,900 Newmont Mining Corp. 184,975
13,600 Placer Dome Group, Inc. 297,500
7,500 Santa Fe Pacific Gold Corp. 74,062
--------------
1,446,149
--------------
Hardware & Tools (0.15%)
4,900 Black & Decker Corp. 165,987
2,300 Snap-On Tools Corp. 97,462
2,500 Stanley Works 119,375
--------------
382,824
--------------
Health Care (Diversified) (4.05%)
45,500 Abbott Laboratories 1,808,625
17,700 American Home
Products Corp. 1,568,662
29,000 Bristol-Myers Squibb Co. 2,211,250
36,900 Johnson & Johnson 3,007,350
9,900 United Healthcare Corp. 525,937
8,900 U.S. Healthcare, Inc. 342,650
7,700 Warner-Lambert Co. 655,463
--------------
10,119,937
--------------
Health Care (Drugs) (3.73%)
15,800 Lilly (Eli) & Co. 1,526,675
70,800 Merck & Co., Inc. 4,071,000
36,100 Pfizer, Inc. 2,071,238
21,300 Schering-Plough Corp. 1,142,213
9,800 Upjohn Co. 497,350
--------------
9,308,476
--------------
Health Care (Miscellaneous) (0.11%)
4,700 ALZA Corp.* 103,400
5,500 Beverly Enterprises, Inc.* 64,625
3,600 Manor Care, Inc. 117,900
--------------
285,925
--------------
Heavy Duty Trucks & Parts (0.24%)
2,300 Cummins Engine Co., Inc. 80,787
5,800 Dana Corp. 148,625
4,500 Eaton Corp. 230,625
4,300 Navistar International Corp.* 44,075
2,200 PACCAR, Inc. 91,850
--------------
595,962
--------------
Hospital Management Companies (0.58%)
24,900 Columbia Healthcare Corp. 1,223,213
2,500 Community Psychiatric
Centers 27,188
11,300 Tenet Healthcare Corp.* 201,988
--------------
1,452,389
--------------
Homebuilding (0.05%)
1,600 Centex Corp. 52,400
1,900 Kaufman & Broad
Home Corp. 22,087
1,500 Pulte Corp. 47,438
--------------
121,925
--------------
Hotel/Motel (0.24%)
5,900 Harrah's Entertainment, Inc.* 146,025
2,700 Hilton Hotels Corp. 180,900
7,200 Marriott International Corp. 265,500
300 Promus Companies, Inc.* 6,600
--------------
599,025
--------------
Household Furnishings &
Appliances (0.20%)
2,100 Armstrong World Industries,
Inc. 124,688
800 Bassett Furniture Inds., Inc. 16,100
6,100 Maytag Corp. 115,900
4,300 Whirlpool Corp. 227,900
2,700 Zenith Electronics Corp.* 22,613
--------------
507,201
--------------
Household Products (2.08%)
3,100 Clorox Company 222,425
8,300 Colgate-Palmolive Co. 574,775
39,300 Procter & Gamble Co. 3,183,300
9,200 Unilever N.V. 1,205,200
--------------
5,185,700
--------------
Housewares (0.25%)
9,100 Newell Co. 219,538
3,600 Premark International,
Inc. 166,500
9,100 Rubbermaid, Inc. 237,737
--------------
623,775
--------------
Insurance Brokers (0.16%)
2,500 Alexander & Alexander
Services, Inc. 55,938
4,100 Marsh & McLennan
Cos., Inc. 335,687
--------------
391,625
--------------
Leisure Time (0.07%)
2,700 Bally Entertainment Corp.* 29,700
5,500 Brunswick Corp. 107,250
2,000 Handleman Co. 15,500
1,100 Outboard Marine Corp. 22,825
--------------
175,275
--------------
Machine Tools (0.03%)
2,000 Cincinnati Milacron, Inc. 51,500
2,000 Giddings & Lewis Co. 32,250
--------------
83,750
--------------
Machinery (Diversified) (0.70%)
1,700 Briggs & Stratton Corp. 68,638
11,400 Caterpillar, Inc. 639,825
6,200 Cooper Industries Inc. 209,250
4,900 Deere & Co. 437,937
2,700 Harnischfeger Industries, Inc. 85,050
6,000 Ingersoll-Rand Co. 212,250
2,300 Varity Corp.* 83,375
--------------
1,736,325
--------------
Manufactured Housing (0.02%)
2,600 Fleetwood Enterprises, Inc. 53,300
100 Skyline Corp. 1,750
--------------
55,050
--------------
Manufacturing
(Diversified Industries) (0.66%)
1,700 Crane Company 60,138
6,400 Dover Corp. 252,800
6,700 Illinois Tool Works, Inc. 389,437
2,300 Johnson Controls, Inc. 133,975
2,600 Millipore Corp. 91,975
600 Nacco Industries, Inc. 34,350
6,600 Pall Corp. 160,875
4,250 Parker Hannifin Corp. 143,438
1,800 Timken Co. 72,450
1,600 Trinova Corp. 45,000
4,300 Tyco International Ltd. 261,225
--------------
1,645,663
--------------
Medical Products & Supplies (1.02%)
3,100 Bard (C.R.), Inc. 87,575
3,300 Bausch & Lomb, Inc. 114,263
15,900 Baxter International, Inc. 614,137
3,800 Becton, Dickinson & Co. 247,000
6,600 Biomet, Inc.* 109,725
7,900 Boston Scientific Corp.* 332,787
13,200 Medtronic, Inc. 762,300
2,600 St. Jude Medical, Inc.* 138,450
2,800 Sigma Aldrich Corp. 133,000
--------------
2,539,237
--------------
Metals Miscellaneous (0.28%)
2,400 ASARCO, Inc. 77,400
5,400 Cyprus Minerals Co. 141,075
6,800 Inco Ltd. 233,750
3,900 Phelps Dodge Corp. 247,162
--------------
699,387
--------------
Miscellaneous (4.06%)
3,200 Alco Standard Corp. 283,200
3,700 Allergan, Inc. 108,687
16,200 Allied-Signal, Inc. 688,500
4,300 American Greetings Corp. 135,450
15,200 Amgen Corp.* 729,600
6,000 Block (H.R.), Inc. 247,500
13,100 Corning, Inc. 342,237
9,100 CUC International, Inc.* 315,088
4,700 Deluxe Corp. 126,312
5,400 Dial Corp. 131,625
8,700 Donnelley (R.R.) & Sons Co. 317,550
4,700 Eastman Chemical Co. 279,650
19,500 Eastman Kodak Co. 1,221,187
2,700 General Signal Corp. 86,063
4,200 Harcourt General Corp. 166,425
1,800 Harland (John H.) Co. 37,350
2,200 Harris Corp. 127,875
4,500 Interpublic Group 174,375
2,200 Jostens, Inc. 49,775
2,900 Kerr-McGee Corp. 159,863
3,100 Loews Corp. 454,538
2,000 Louisiana Land &
Exploration Co. 70,750
24,000 Minnesota Mining &
Manufacturing Co. 1,365,000
4,800 Pioneer Hi-Bred International
Corp. 238,200
2,600 Polaroid Corp. 111,150
11,000 Price/Costco, Inc.* 187,000
5,900 Service Corp. International 236,737
1,200 Springs Industries, Inc. 51,450
3,700 TRW, Inc. 243,275
3,300 US Surgical Corp. 80,850
20,600 Viacom, Inc. Class B* 1,030,000
6,000 Whitman Corp. 127,500
5,700 The Williams Cos., Inc. 220,163
--------------
10,144,925
--------------
Office Equipment & Supplies (0.51%)
5,700 Moore Corp. Ltd. 109,013
8,600 Pitney Bowes, Inc. 375,175
6,100 Xerox Corp. 791,475
--------------
1,275,663
--------------
Oil & Gas Drilling (0.03%)
1,400 Helmerich & Payne, Inc. 36,225
4,800 Rowan Companies, Inc.* 31,800
--------------
68,025
--------------
Oil (Exploration & Production) (0.20%)
7,200 Burlington Resources, Inc. 259,200
5,900 Oryx Energy Co.* 67,850
5,100 Santa Fe Energy
Resources, Inc.* 45,263
3,100 Western Atlas, Inc.* 136,012
--------------
508,325
--------------
Oil (Domestic Integrated) (1.24%)
5,400 Amerada Hess Corp. 243,675
3,600 Ashland Oil, Inc. 113,850
9,200 Atlantic Richfield Co. 982,100
18,200 Occidental Petroleum Corp. 391,300
2,600 Pennzoil Co. 98,150
14,900 Phillips Petroleum Co. 480,525
4,392 Sun Co. Inc. 125,721
17,000 USX-Marathon Group 301,750
14,100 Unocal Corp. 370,125
--------------
3,107,196
--------------
Oil (International Integrated) (6.42%)
28,400 Amoco Corp. 1,814,050
37,200 Chevron Corp. 1,739,100
71,000 Exxon Corp. 5,422,625
22,600 Mobil Corp. 2,276,950
30,700 Royal Dutch Petroleum Co. 3,772,263
14,800 Texaco, Inc. 1,008,250
--------------
16,033,238
--------------
Oil Well Equipment & Services (0.63%)
8,100 Baker Hughes, Inc. 158,963
10,500 Dresser Industries, Inc. 217,875
6,600 Halliburton Co. 273,900
3,100 McDermott International, Inc. 49,212
13,900 Schlumberger Ltd. 865,275
--------------
1,565,225
--------------
Paper & Forest Products (1.61%)
2,700 Boise Cascade Corp. 97,875
5,600 Champion International Corp. 299,600
2,600 Federal Paper Board Co. 109,200
5,200 Georgia-Pacific Corp. 429,000
14,500 International Paper Co. 536,500
4,700 James River Corp. 150,988
9,200 Kimberly-Clark Corp. 668,150
6,100 Louisiana Pacific Corp. 145,637
3,100 Mead Corp. 178,638
1,600 Potlatch Corp. 67,400
8,600 Scott Paper Co. 457,950
4,000 Union Camp Corp. 203,500
5,800 Westvaco Corp. 160,950
11,600 Weyerhaeuser Co. 511,850
--------------
4,017,238
--------------
Pollution Control (0.51%)
12,200 Browning-Ferris
Industries, Inc. 355,325
14,500 Laidlaw, Inc. Class B 130,500
27,700 WMX Technologies, Inc. 779,062
700 Zurn Industries, Inc. 17,500
--------------
1,282,387
--------------
Publishing (0.67%)
9,700 Dun & Bradstreet Corp. 579,575
2,800 McGraw-Hill, Inc. 229,250
1,500 Meredith Corp. 53,625
22,000 Time Warner, Inc. 803,000
--------------
1,665,450
--------------
Publishing (Newspapers) (0.55%)
5,600 Dow Jones & Co., Inc. 197,400
8,000 Gannett Co., Inc. 435,000
2,900 Knight-Ridder, Inc. 160,950
5,600 New York Times Co. Class A 155,400
6,500 Times Mirror Co. Series A 188,500
3,700 Tribune Co. 233,562
--------------
1,370,812
--------------
Restaurants (0.73%)
1,300 Luby's Cafeterias, Inc. 26,975
39,700 McDonald's Corp. 1,627,700
3,100 Ryan's Family Steak
Houses, Inc.* 24,025
2,400 Shoney's, Inc.* 26,700
5,900 Wendy's International, Inc. 117,263
--------------
1,822,663
--------------
Retail Stores (Department) (0.62%)
6,400 Dillard Dept. Stores, Inc.
Class A 173,600
14,200 May Department Stores Co. 557,350
2,100 Mercantile Stores Co., Inc. 94,237
4,700 Nordstrom, Inc. 174,194
13,000 J.C. Penney Co. 547,625
--------------
1,547,006
--------------
Retail Stores (Drugs) (0.23%)
1,200 Longs Drug Stores Corp. 48,000
4,800 Rite Aid Corp. 129,600
14,100 Walgreen Co. 401,850
--------------
579,450
--------------
Retail Stores (Food Chains) (0.57%)
14,500 Albertson's, Inc. 482,125
8,500 American Stores Co. 253,938
127 Bruno's, Inc. 1,381
3,400 Giant Food, Inc. Class A 109,225
2,200 Great Atlantic & Pacific
Tea Co., Inc. 44,550
7,000 Kroger Co.* 233,625
4,400 Winn-Dixie Stores, Inc. 286,000
--------------
1,410,844
--------------
Retail Stores
(General Merchandise) (1.64%)
4,100 Dayton-Hudson Corp. 281,875
26,200 K Mart Corp. 212,875
22,100 Sears, Roebuck & Co. 751,400
131,200 Wal-Mart Stores, Inc. 2,837,200
--------------
4,083,350
--------------
Retail Stores (Specialty) (0.94%)
5,600 Circuit City Stores, Inc. 186,900
27,100 Home Depot, Inc. 1,009,475
9,200 Lowes Companies, Inc. 248,400
6,000 Melville Corp. 192,000
3,500 Pep Boys -Manny,
Moe & Jack 76,562
200 Price Enterprises, Inc. 2,900
3,700 Tandy Corp. 182,688
15,900 Toys "R" Us, Inc.* 347,813
7,500 Woolworth Corp. 109,687
--------------
2,356,425
--------------
Retail Stores (Specialty-Apparel) (0.31%)
5,900 Charming Shoppes, Inc. 16,963
8,200 Gap (The), Inc. 322,875
20,400 Limited, Inc. 374,850
4,100 TJX Companies, Inc. 55,350
--------------
770,038
--------------
Shoes (0.26%)
1,000 Brown Group, Inc. 13,750
8,000 NIKE, Inc. Class B 454,000
4,500 Reebok Int'l. Ltd. 153,000
2,800 Stride Rite Corp. 31,500
--------------
652,250
--------------
Steel (0.26%)
6,100 Armco, Inc.* 37,362
6,300 Bethlehem Steel Corp.* 82,688
2,700 Inland Steel Industries, Inc. 63,113
5,000 Nucor Corp. 240,625
4,700 USX-U.S. Steel Group 140,412
5,200 Worthington Industries, Inc. 86,450
--------------
650,650
--------------
Telecommunications
(Long Distance) (3.02%)
90,600 A T & T Co. 5,798,400
38,800 MCI Communications Corp. 967,575
20,000 Sprint Corp. 770,000
--------------
7,535,975
--------------
Textile (Apparel Manufacturers) (0.17%)
4,000 Fruit of the Loom, Inc.
Class A * 69,500
200 Hartmarx Corp.* 1,000
4,300 Liz Claiborne, Inc. 122,012
100 Oshkosh B'Gosh, Inc. Class A 1,325
2,200 Russell Corp. 54,450
3,600 V.F. Corp. 172,350
--------------
420,637
--------------
Tobacco (1.95%)
10,900 American Brands, Inc. 467,338
48,100 Philip Morris Cos., Inc. 4,064,450
11,200 UST, Inc. 336,000
--------------
4,867,788
--------------
Toys (0.21%)
5,000 Hasbro, Inc. 152,500
12,725 Mattel, Inc. 365,844
--------------
518,344
--------------
Total Industrial 186,292,852
--------------
TRANSPORTATION (1.63%)
Airlines (0.28%)
4,400 AMR Corp.* 290,400
2,900 Delta Air Lines, Inc. 190,313
8,200 Southwest Airlines Co. 164,000
3,600 USAir Group, Inc.* 49,050
--------------
693,763
--------------
Railroads (1.13%)
8,006 Burlington Northern, Inc. 671,503
6,000 CSX Corp. 502,500
4,500 Conrail, Inc. 309,375
7,500 Norfolk Southern Corp. 579,375
11,800 Union Pacific Corp. 771,425
--------------
2,834,178
--------------
Truckers (0.07%)
2,500 Consolidated Freightways,
Inc. 58,125
2,200 Roadway Services, Inc. 98,450
1,600 Yellow Corp. 21,000
--------------
177,575
--------------
Transportation (Miscellaneous) (0.15%)
3,200 Federal Express Corp.* 262,800
4,500 Ryder System, Inc. 108,562
--------------
371,362
--------------
Total Transportation 4,076,878
--------------
UTILITIES (9.84%)
Electric Companies (3.66%)
10,600 American Electric Power
Co., Inc. 404,125
8,400 Baltimore Gas & Electric Co. 224,700
8,800 Carolina Power & Light Co. 288,200
10,900 Central & South West Corp. 291,575
8,825 Cinergy Corp. 250,409
13,400 Consolidated Edison Co. of
N.Y., Inc. 407,025
8,400 Detroit Edison Co. 283,500
9,900 Dominion Resources, Inc. 393,525
11,700 Duke Power Co. 523,575
13,000 Entergy Corp. 370,500
10,600 FPL Group, Inc. 443,875
6,200 General Public Utilities Corp. 193,750
7,500 Houston Industries, Inc. 347,813
8,300 Niagara Mohawk Power Corp. 89,225
3,800 Northern States Power Co. 179,550
8,700 Ohio Edison Co. 199,012
12,700 PECO Energy Co. 371,475
24,300 Pacific Gas & Electric Co. 713,813
16,300 PacifiCorp 307,662
14,000 Public Service Enterprise
Group, Inc. 411,250
25,500 SCE Corp. 433,500
38,000 Southern Co. 907,250
12,900 Texas Utilities Co. 474,075
12,200 Unicom Corp. 399,550
5,800 Union Electric Corp. 226,200
--------------
9,135,134
--------------
Natural Gas (0.70%)
6,000 Coastal Corp. 194,250
2,800 Columbia Gas Systems, Inc.* 107,800
5,400 Consolidated Natural Gas Co. 205,200
14,400 Enron Corp. 495,000
3,900 ENSEARCH Corp. 56,550
2,800 NICOR, Inc. 75,250
7,100 Noram Energy Corp. 55,025
1,500 ONEOK, Inc. 36,563
4,800 Pacific Enterprises 118,800
8,500 Panhandle Eastern Corp. 214,625
2,000 Peoples Energy Corp. 57,500
4,900 Sonat, Inc. 140,875
--------------
1,757,438
--------------
Telephone (5.48%)
28,300 Airtouch Communications
Corp.* 806,550
31,600 Ameritech Corp. 1,706,400
25,000 Bell Atlantic Corp. 1,590,625
28,400 BellSouth Corp. 2,172,600
55,400 GTE Corp. 2,285,250
24,400 NYNEX Corp. 1,146,800
24,400 Pacific Telesis Group 741,150
34,800 SBC Communications, Inc. 1,944,450
26,900 U.S. West, Inc. 1,281,113
--------------
13,674,938
--------------
Total Utilities 24,567,510
--------------
FINANCIAL (12.07%)
Financial Miscellaneous (2.43%)
27,900 American Express Co. 1,133,437
11,700 American General Corp. 384,638
9,600 Dean Witter Discover & Co. 477,600
10,400 Federal Home Loan Mortgage 720,200
15,600 Federal National Mortgage
Association 1,636,050
8,500 MBNA Corp. 313,438
10,100 Merrill Lynch & Co., Inc. 560,550
4,000 Morgan Stanley Group, Inc. 348,000
6,100 Salomon, Inc. 220,362
3,900 Transamerica Corp. 264,225
--------------
6,058,500
--------------
Life Insurance (0.35%)
2,700 Jefferson-Pilot Corp. 178,200
5,900 Lincoln National Corp. 263,288
5,500 Providian Corp. 215,875
4,000 Torchmark Corp. 166,000
2,000 USLIFE Corp. 57,000
--------------
880,363
--------------
Major Regional Banks (3.55%)
22,700 Banc One Corp. 766,125
10,100 Bank of New York, Inc. 424,200
5,600 Barnett Banks, Inc. 309,400
7,100 Boatmen's Bancshares, Inc. 269,800
8,000 CoreStates Financial Corp. 291,000
7,100 First Bank System, Inc. 353,225
4,600 First Fidelity Bancorp 300,725
4,400 First Interstate Bancorp 567,600
9,800 First Union Corp. 486,325
8,000 Fleet Financial Group 310,000
13,100 Keycorp 442,125
8,800 NBD Bancorp, Inc. 334,400
8,400 National City Corp. 259,350
15,500 NationsBank Corp. 1,019,125
18,500 Norwest Corp. 545,750
13,100 PNC Financial Corp. 343,875
7,300 Shawmut National Corp. 247,287
6,600 Suntrust Banks, Inc. 425,700
5,600 U.S. Bancorp, Inc. 165,900
9,800 Wachovia Corp. 432,425
2,700 Wells Fargo & Co. 567,337
--------------
8,861,674
--------------
Money Center Banks (1.80%)
4,500 Bankers Trust N.Y. Corp. 286,875
10,000 Chase Manhattan Corp. 570,000
14,400 Chemical Banking Corp. 819,000
22,700 Citicorp 1,472,663
5,100 First Chicago Corp. 346,162
10,700 Morgan (J.P.) & Co., Inc. 825,237
2,900 Republic New York Corp. 170,012
--------------
4,489,949
--------------
Multi-Line Insurance (2.09%)
25,111 Allstate Corp. 922,829
6,400 Aetna Life & Casualty Co. 450,400
27,150 American International
Group, Inc. 2,290,781
4,100 CIGNA Corp. 406,413
93 Transport Holding, Inc.
Class A* 3,650
18,200 Travelers, Inc. 919,100
4,100 Unum Corp. 215,763
--------------
5,208,936
--------------
Other Major Banks (0.77%)
6,300 Bank of Boston Corp. 280,350
21,400 BankAmerica Corp. 1,230,500
8,400 Mellon Bank Corp. 421,050
--------------
1,931,900
--------------
Personal Loans (0.19%)
3,000 Beneficial Corp. 147,000
5,600 Household International, Inc. 315,000
--------------
462,000
--------------
Property-Casualty Insurance (0.68%)
5,000 The Chubb Corp. 449,375
4,700 General Re Corp. 680,913
3,600 SAFECO Corp. 231,075
4,800 St. Paul Companies, Inc. 243,600
6,200 USF&G Corp. 103,850
--------------
1,708,813
--------------
Savings & Loans Companies (0.21%)
6,700 Ahmanson (H.F.) & Co. 167,500
3,400 Golden West Financial Corp. 170,425
7,700 Great Western Financial
Corp. 174,212
--------------
512,137
--------------
Total Financial 30,114,272
--------------
Total Common Stock
(cost $200,634,170) 245,051,512
--------------
Principal
Amount
----------
SHORT-TERM INVESTMENTS (2.02%)
Repurchase Agreement (1.62%)(b)
$4,049,000 CS First Boston Corp.
5.82% 11/1/95
(cost $4,049,000;
maturity value $4,049,655) 4,049,000
United States Treasury Bill (0.40%)(c)
100,000 5.29%; 11/30/95
(cost $995,743) 995,743
--------------
Total Short-term Investment
(cost $5,044,743) 5,044,743
--------------
Total Investments (cost $205,678,913)
(100.19%)(a) 250,096,255
Liabilities Less Other Asse (476,984)
--------------
Net Assets (100.00%) $249,619,271
==============
* Non-income producing security.
(a) Aggregate cost for federal income tax purposes is $205,678,913. At
October 31, 1995 unrealized appreciation (depreciation) of securities for
federal income tax purposes is as follows:
Gross unrealized appreciation $47,306,508
Gross unrealized depreciation (2,889,166)
------------
Net unrealized appreciation $44,417,342
============
(b) The Repurchase Agreement is collateralized by obligations of the United
States government and its agencies with a market value of $4,134,591, which
exceeds the value of the repurchase agreement. It is the Fund's policy to
always receive, as collateral, securities whose value, including accrued
interest, will be at least equal to 102% of the dollar amount to be paid to
the Fund under each agreement at its maturity. The value of the securities are
monitored daily. If the value falls below 101% of the amount to be paid at
maturity, additional collateral is obtained. The Fund makes payment for such
securities only upon physical delivery or evidence of book entry transferred
to the account of its custodian.
(c) At October 31, 1995, the market value of $995,743 of the U.S. Treasury
Bill was pledged to cover margin requirements for futures contracts.
Futures contracts at October 31, 1995:
(Contracts-$500 times premium/delivery
month/commitment)
Unrealized
Appreciation
--------------
S&P 500 Stock Index:
20/Dec/Buy $ 40,000
========
See accompanying notes to financial statements
October 31, 1995
The Rightime
Rightime Social Awareness Fund
Family of Funds Portfolio of Investments
- ---------------------------------------------------------------------
Value
Shares (Note 1)
------ --------
COMMON STOCK (90.71%)
Beverages (SoftDrinks) (15.77%)
16,200 Coca Cola Co. $1,164,375
------------
Chemicals & Materials (1.75%)
500 Arco Chemical Co. 24,500
800 Cabot Corp. 38,000
2,200 Morton International, Inc. 67,100
------------
129,600
------------
Computer Software & Services (5.62%)
1,800 Automatic Data
Processing Corp. 128,700
3,700 Cisco Systems* 286,750
------------
415,450
------------
Electronics (Semi-Conductors) (10.03%)
1,600 Advanced Micro
Devices, Inc. * 38,200
900 Avnet, Inc. 45,337
9,400 Intel Corp. 656,825
------------
740,362
------------
Financial (Miscellaneous) (3.29%)
2,800 American General Corp. 92,050
1,600 Block (H&R), Inc. 66,000
1,500 Household International,
Inc. 84,375
------------
242,425
------------
Foods (.30%)
700 Hannaford Brothers Co. 18,288
800 TCBY Enterprises, Inc. 3,500
------------
21,788
------------
Heavy Duty Trucks & Parts (.87%)
1,900 Dana Corp. 48,687
1,600 Spartan Motors, Inc. 15,400
------------
64,087
------------
HealthCare (5.10%)
1,900 Alza Corp.* 41,800
4,100 Johnson & Johnson 334,150
------------
375,950
------------
Insurance (.44%)
525 Cincinnati Financial Corp. 32,288
------------
Banks (8.83%)
1,800 Bank of Boston 80,100
4,400 Bank America 253,000
1,400 Barnett Bank Inc. 77,350
1,000 Fifth Third Bancorp 67,250
900 First Fidelity Bancorp 58,837
2,600 Wachovia Corp. 114,725
------------
651,262
------------
Manufacturing (.94%)
1,200 Skyline Corp. 21,000
1,050 Thermo Electron Corp. * 48,300
------------
69,300
------------
Miscellaneous (13.44%)
800 Alco Standard Corp. 70,800
1,300 Bemis Co. 33,800
300 GATX Corp. 14,250
1,500 Grainger (W.W.) Inc. 93,750
800 Jostens, Inc. 18,100
1,000 Kelly Services, Inc. Class A 25,125
1,500 Oneida Ltd. 24,750
7,100 Procter & Gamble Co. 575,100
800 Smith (A.O.) Corp. 16,600
900 The Stanley Works 42,975
900 Stryker Corp. 40,613
900 Telephone & Data
Systems , Inc. 36,000
------------
991,863
------------
Oil & Metals (3.35%)
1,900 Atlantic Richfield Co.. 202,825
1,700 Cypress Amax Minerals Co. 44,412
------------
247,237
------------
Pharmaceuticals(.45%)
800 Forest Laboratories, Inc. * 33,100
------------
Publishing (3.58%)
1,800 Gannett Co. , Inc. 97,875
300 Lee Enterprises, Inc. 11,963
1,900 New York Times Co. Class A 52,725
800 McGraw-Hill, Inc. 65,500
1,000 Meredith Corp. 35,750
------------
263,813
------------
Property - Casualty Insurance (.98%)
700 St. Paul Companies, Inc. 35,525
2,200 USF & G Corp. 36,850
------------
72,375
------------
RailRoads (1.12%)
1,200 Conrail, Inc. 82,500
------------
Retail Stores (11.20%)
1,900 Hechinger Co. Class A 8,312
6,200 Home Depot, Inc. 230,950
2,000 Kroger Co. * 66,750
2,900 Penney, (J.C.) Co. Inc. 122,163
5,100 Sears, Roebuck & Co. 173,400
3,200 Toys R Us, Inc * 70,000
3,400 Walgreen Co. 96,900
1,600 Whole Foods Market, Inc.* 19,600
2,600 Woolworth Corp. 38,025
------------
826,100
------------
Shoes (2.31%)
3,000 Nike, Inc. Class B 170,250
------------
Steel (1.28%)
1,300 Nucor Corp. 62,562
1,900 Worthington Industries, Inc.. 31,588
------------
94,150
------------
Textiles (.06%)
100 Springs Industries, Inc. 4,288
------------
Total Common Stock
(cost $5,592,720) 6,692,563
------------
Principal
Amount
- ----------
SHORT-TERM INVESTMENTS (9.03%)
Repurchase Agreement (7.67%)(b)
$566,000 CS First Boston Corp.
5.82%; 11/1/95
(cost $566,000;
maturity value $566,092) $566,000
United States Treasury Bill (1.36%)(c)
100,000 5.42%; 11/2/95
(cost $99,985) 99,985
------------
Total Short-term Investments
(cost $665,985) 665,985
------------
Total Investments (cost $6,258,705)
(99.74%)(a) 7,358,548
Other Assets Less Liabilities (.26%) 19,515
------------
Net Assets (100.00%) $7,378,063
============
* Non-income producing security.
(a) Aggregate cost for federal income tax purposes is $6,258,705. At October
31, 1995 unrealized appreciation (depreciation) of securities for federal
income tax purposes is as follows:
Gross unrealized appreciation $1,266,739
Gross unrealized depreciation (166,896)
------------
Net unrealized appreciation $1,099,843
============
(b) The Repurchase Agreement is collateralized by obligations of the United
States government and its agencies with a market value of $578,703, which
exceeds the value of the repurchase agreement. It is the Fund's policy to
always receive, as collateral, securities whose value, including accrued
interest, will be at least equal to 102% of the dollar amount to be paid to
the Fund under each agreement at its maturity. The value of the securities are
monitored daily. If the value falls below 101% of the amount to be paid at
maturity, additional collateral is obtained. The Fund makes payment for such
securities only upon physical delivery or evidence of book entry transferred
to the account of its custodian.
(c) At October 31, 1995, the market value of $99,985 of the U.S. Treasury Bill
was pledged to cover margin requirements for futures contracts.
Futures contracts at October 31, 1995:
(Contracts-$500 times premium/delivery
month/commitment)
Unrealized
Appreciation
--------------
S&P 500 Stock Index:
2/Dec/Buy $375
====
October 31, 1995
The Rightime
Rightime MidCap Fund
Family of Funds Portfolio of Investments
- ---------------------------------------------------------------------
Value
Shares (Note 1)
- ---------- ---------
COMMON STOCK (89.44%)
INDUSTRIALS (59.95%)
Aerospace/Defense (0.82%)
2,306 OEA Inc. $62,839
2,297 Precision Castparts Corp. 82,118
2,171 Rohr Industries, Inc.* 32,294
1,212 Sequa Corp. Class A* 31,209
27 Southwest Airlines Co. 540
3,924 Sundstrand Corp. 240,345
2,306 Thiokol Corp. 79,845
4,124 Universal Corp. 86,604
------------
615,794
------------
Auto Parts & Equipment (0.16%)
2,641 Arvin Industries, Inc. 46,878
4,200 Federal-Mogul Corp. 75,075
------------
121,953
------------
Biotechnology (1.15%)
3,836 Biogen, Inc. * 234,955
5,848 Centocor, Inc. * 65,790
4,280 Chiron Corp. * 389,480
240 Genetics Institute, Inc.* 8,940
2,777 Genzyme Corp. 161,760
64 Genzyme Corp. -
Tissue Repair* 1,144
24 XOMA Corp. * 68
------------
862,137
------------
Broadcast Media(0.54%)
3,352 Chris-Craft Industries, Inc.* 133,661
4,342 Multimedia, Inc. * 192,134
2,794 TCA Cable TV, Inc. 82,772
------------
408,567
------------
Building Materials (0.16%)
2,877 Calmat Co. 48,549
1,347 Granite Construction, Inc. 38,221
2,053 Southdown, Inc.* 33,361
------------
120,131
------------
Cellular Communications (0.39%)
13,884 Nextel Communications * 192,641
4,468 Vanguard Cellular
Systems, Inc. * 99,972
------------
292,613
------------
Chemicals & Materials (3.68%)
7,800 Albemarle Corp. 145,275
3,483 Betz Laboratories, Inc. 140,191
4,342 Cabot Corp. 206,245
4,830 Calgon Carbon Corp. 54,941
5,942 Crompton & Knowles Corp. 75,018
2,794 Dexter Corp. 66,707
15,608 Ethyl Corp. 173,639
3,492 Ferro Corp. 80,752
1,573 Fuller (H.B.) Co. 49,550
5,030 Georgia Gulf Corp. 166,619
4,315 Hanna (M.A.) Co. 110,572
3,259 IMC Fertilizer Group, Inc. 228,130
5,401 Lawter International 57,386
4,042 Loctite Corp. 190,985
7,596 Lubrizol Corp. 218,385
9,425 Lyondell Petrochemical Co. 201,459
2,388 Olin Corp. 152,832
6,563 RPM, Inc. 127,158
4,361 Schulman (A.), Inc. 81,769
6,431 Sterling Chemicals, Inc.* 51,448
6,389 Witco Corp. 180,489
------------
2,759,550
------------
Commercial Services
(Advertising) (0.42%)
2,994 Information Resource, Inc.* 32,560
4,383 Omnicom Group 279,964
------------
312,524
------------
Commercial Services
(Specialized) (1.03%)
2,306 Banta Corp. 99,735
1,582 CPI Corp. 28,871
5,377 Comsat Corp. 106,868
4,477 Fiserv, Inc. * 115,283
3,706 Flightsafety
International, Inc. 176,962
2,877 Jacobs Engineering
Group, Inc.* 62,934
2,053 PHH Corp. 89,819
4,333 Rollins, Inc. 90,993
------------
771,465
------------
Commercial Services
(Uniform Rentals) (0.34%)
1,076 Angelica Corp. 24,210
5,454 Cintas Corporation 229,068
------------
253,278
------------
Communications Equipment (2.63%)
6,794 ADC Telecommunications,
Inc. * 271,760
14,396 Bay Networks, Inc.* 953,735
8,345 Cabletron Systems* 656,126
2,771 Octel Communications
Corp. * 94,560
------------
1,976,181
------------
Computer Hardware (2.40%)
3,483 AST Research, Inc. * 30,912
6,089 Conner Peripherals, Inc. * 109,602
2,994 Convex Computer Corp. * 13,473
8,902 Dell Computer Corp. * 415,056
2,424 Exabyte Corp. * 31,361
1,871 Measurex Corp. 57,533
5,718 Mentor Graphics Corp.* 120,078
5,365 Quantum Corp. * 93,217
8,578 Seagate Technology * 383,866
3,500 Sequent Computer Systems * 60,813
5,000 Solectron Corp.* 201,250
7,973 Storage Technology Corp.* 196,335
2,777 Stratus Computer, Inc. * 86,434
------------
1,799,930
------------
Computer Software & Services (3.65%)
7,001 Adobe Systems, Inc. 399,057
5,860 BMC Software, Inc. * 208,762
3,330 Borland International, Inc.* 45,371
6,875 Cadence Design Systems, Inc.* 221,703
4,539 Comdisco, Inc. 138,440
6,500 Compuware Corp.* 147,875
25,800 EMC Corp.* 399,900
15,200 Informix Corp.* 442,700
4,042 Intelligent Electronics, Inc. 30,820
6,595 Parametric
Technology Corp. * 441,041
2,259 Policy Management
Systems Corp. * 106,455
35 Sterling Software, Inc.* 1,614
3,283 Structural Dynamics
Research Corp. * 59,915
3,947 Symantec Corp. * 95,961
------------
2,739,614
------------
Consumer Products (0.64%)
2,306 Church & Dwight, Inc. 46,985
2,541 First Brands Corp. 116,251
1,041 National Presto
Industries, Inc. 42,160
2,388 Stanhome, Inc. 72,834
4,495 Tambrands, Inc. 201,151
------------
479,381
------------
Consumer Services (1.39%)
24,619 CUC International, Inc. * 852,433
5,031 The Olsten Corp. 193,693
------------
1,046,126
------------
Electrical Components &
Other Equipment (6.20%)
4,612 Altera Corp. * 279,026
8,883 Analog Devices, Inc.* 320,898
5,334 Arrow Electronics, Inc. 270,701
10,600 Atmel Corp.* 331,250
4,812 Avnet, Inc. 242,405
6,100 Best Buy Co.* 126,575
6,588 Cirrus Logic, Inc. * 277,519
4,424 Cypress
Semiconductor Corp. * 155,946
3,830 Hubbell, Inc. Class B 230,758
15,836 LSI Logic Corp. * 746,272
8,648 Linear Technology Corp. 378,350
2,794 MagnaTek, Inc. * 27,591
11,612 Molex, Inc. 383,196
8,542 Teradyne, Inc. * 285,089
3,942 Varian Associates, Inc. 202,520
8,577 Xilinx, Inc. * 394,542
------------
4,652,638
------------
Foods & Beverages (3.00%)
4,959 Bob Evans Farms, Inc. 89,262
16,933 Coca-Cola Enterprises, Inc. 450,841
4,677 Dean Foods Corp. 130,371
7,119 Dole Food, Inc. 267,852
1,682 Dreyer's Grand
Ice Cream, Inc. 58,029
4,459 Flowers Industries, Inc. 96,426
5,000 Hannaford Brothers Co. 130,625
2,188 International
Multifoods Corp. 44,854
3,536 Lance, Inc. 59,670
9,643 McCormick & Co., Inc. 238,664
2,388 Michael Foods, Inc. 28,954
3,030 Savannah Foods &
Industries, Inc. 37,875
3,300 Smucker (J.M.) Co. Class A 64,762
18,904 Tyson Foods, Inc. 451,333
3,030 Universal Foods Corp. 103,777
------------
2,253,295
------------
Gold & Other Precious Metals (0.54%)
9,625 Battle Mountain Gold Co. 73,391
291 Freeport McMoran
Copper & Gold, Inc.
Class A 6,657
12,605 Freeport McMoran
Copper & Gold, Inc.
Class B 286,764
1,076 Maxxam, Inc.* 39,812
------------
406,624
------------
Health Care Products
(Distribution) (0.45%)
4,560 Bergen Brunswig
Corp. Class A 94,620
4,773 Cardinal Distribution, Inc. 245,213
------------
339,833
------------
Health Care Services (2.30%)
4,222 Coram Healthcare Corp.* 16,888
4,453 FHP International Corp. * 107,985
7,500 Foundation Health Corp.* 317,812
13,566 HEALTHSOUTH
Rehabilitation Corp. * 354,412
4,006 Healthcare
COMPARE Corp. * 148,222
4,600 Health Care &
Retirement Corp.* 135,125
2,387 Horizon/CMS
Healthcare Corp.* 48,337
6,300 NovaCare, Inc. * 39,375
47 PacifiCare Health
Systems, Inc. Class A * 3,314
4,000 Pacificare Health
Systems, Inc. Class B * 291,000
4,459 Surgical Care Affiliates, Inc. 132,098
5,881 Value Health, Inc.* 134,528
------------
1,729,096
------------
Homebuilding (0.31%)
8,913 Clayton Homes, Inc. 233,966
------------
Iron & Steel (0.37%)
8,343 Allegheny Ludlum Corp. 140,788
1,347 Cleveland-Cliffs, Inc. 50,344
1,691 Lukens, Inc. 51,998
2,288 Oregon Steel Mills, Inc. 32,604
------------
275,734
------------
Leisure Time (Products) (0.81%)
7,966 Callaway Golf Co. 130,443
9,118 Harley-Davidson, Inc. 243,906
17,103 International
Game Technology 198,822
5,472 Topps, Inc.* 33,516
------------
606,687
------------
Leisure Time (Services) (0.89%)
10,249 Circus Circus Enterprises * 272,880
12,002 Mirage Resorts, Inc.* 393,066
------------
665,946
------------
Manufacturing (Automated
Transaction Systems) (0.35%)
3,509 Diebold, Inc. 185,977
2,877 Verifone, Inc. * 77,679
------------
263,656
------------
Manufacturing (Divsified
Industries) (1.18%)
4,101 Ametek, Inc. 72,280
8,500 Burlington Industries, Inc.* 94,563
4,342 CBI Industries, Inc. 135,145
1,700 Carlisle Companies 69,913
6,866 Danaher Corp. 212,846
3,836 Gencorp, Inc. 40,278
2,912 Harsco Corp. 153,608
2,162 Pentair, Inc. 109,181
------------
887,814
------------
Manufacturing (Specialized
Industries) (3.48%)
3,312 Albany International
Corp. Class A 68,724
12,167 American Power
Conversion Corp. * 124,712
2,900 Dentalsply International, Inc. 100,050
3,046 Donaldson, Inc. 74,246
2,370 Duriron Co., Inc. 63,398
5,330 Federal Signal Corp. 119,259
2,424 Goulds Pumps, Inc. 57,570
1,953 Kaydon Corp. 56,393
2,958 Kennametal, Inc. 92,068
4,124 Keystone
International, Inc. 91,759
1,465 Lawson Products, Inc. 35,160
9,954 Leggett & Platt, Inc. 238,896
3,400 Modine Manufacturing Co. 93,500
959 NCH Corp. 52,146
2,288 Nordson Corp. 132,132
3,300 Scherer (R.P.) Corp.* 146,850
3,853 Stewart & Stevenson
Services, Inc. 87,656
2,053 Teleflex, Inc. 86,996
10,581 Thermo Electron Corp. * 486,726
4,707 Trinity Industries, Inc. 139,445
3,400 Watts Industries, Inc.
Class A 70,125
4,459 York International Corp. 195,081
------------
2,612,892
------------
Medical Products & Supplies (1.16%)
3,300 Acuson Corp.* 38,363
1,529 Advanced Technology
Laboratories, Inc.* 27,522
3,283 Beckman Instruments 108,749
1,835 Datascope Corp. * 43,581
1,465 Diagnostic Products Corp. 54,205
1,835 Nellcor, Inc. * 105,513
9,600 Revco D.S., Inc.* 228,000
7 Sigma Aldrich Corp. 333
5,789 Stryker Corp. 261,229
------------
867,495
------------
Metals (Specialty) (0.35%)
5,400 Alumax, Inc.* 159,300
1,835 Brush Wellman, Inc. 30,736
1,918 Carpenter Technology Corp. 72,644
------------
262,680
------------
Miscellaneous (4.25%)
7,001 American Financial Group, Inc. 196,028
3,130 Arnold Industries, Inc. 50,862
5,900 Hospitality Franchise
Systems, Inc.* 361,375
5,572 IBP, Inc. 333,623
4,368 Kelly Services, Inc. Class A 109,746
3,420 Lancaster Colony Corp. 113,715
5,400 Litton Industries, Inc. 213,975
7,813 Mark IV Industries, Inc. 152,354
5,800 McKesson Corp. 276,950
5,107 Paychex, Inc. 221,516
3,112 Phillips-Van Heusen Corp. 31,509
3,382 Rayonier, Inc. 126,825
5,754 Ruddick Corp. 73,363
4,576 Sealed Air Corp.* 120,692
9,765 Sensormatic
Electronics Corp. 208,727
6,513 Sotheby's Holdings, Inc.
Class A 90,368
2,894 Symbol Technologies, Inc.* 100,928
2,500 Tecumseh Products Co.
Class A 117,500
5,200 Vulcan Materials Co. 289,250
------------
3,189,306
------------
Office Equipment & Supplies (1.40%)
1,953 Cross (A.T.) Co. Class A 27,830
1,853 Ennis Business Forms, Inc. 26,405
3,653 Hon Industries, Inc. 101,371
2,794 Miller (Herman), Inc. 82,772
19,655 Office Depot, Inc. * 562,624
4,948 Reynolds & Reynolds Co. 176,272
3,283 Standard Register Co. 73,868
------------
1,051,142
------------
Oil & Gas (2.93%)
6,966 Anadarko Petroleum Corp. 302,150
7,042 Apache Corp. 179,571
2,894 Atlanta Gas Light Co. 111,781
5,483 Brooklyn Union Gas Co. 137,760
3,283 Diamond Shamrock, Inc. 84,537
4,546 El Paso Natural Gas Co. 122,742
2,994 Freeport McMoran, Inc. 111,895
2,650 Indiana Energy, Inc. 55,981
3,418 Mapco, Inc. 176,027
5,401 Murphy Oil Corp. 204,563
6,007 Noble Affiliates, Inc. 148,673
4,000 Parker & Parsley
Petroleum Co. 74,000
3,647 Quaker State Corp. 47,867
11,797 Ranger Oil Ltd. 67,833
4,324 Seagull Energy Corp.* 74,048
4,300 Tosco Corp. 148,350
5,065 Valero Energy Corp. 119,661
3,871 Varco International, Inc.* 35,323
------------
2,202,762
------------
Oil & Gas Drilling (0.81%)
1,618 BJ Services Co.* 38,023
21,745 Global Marine, Inc.* 141,343
9,854 Nabors Industries, Inc.* 84,991
6,513 Parker Drilling Co.* 34,193
4,542 Smith International, Inc.* 72,672
6,378 Tidewater, Inc. 168,220
2,733 Weatherford Enterra, Inc.* 65,934
------------
605,376
------------
Paper/Forest Products/
Containers (2.08%)
4,542 Bowater, Inc. 200,983
2,877 Chesapeake Corp. of Virginia 88,108
5,283 Consolidated Papers 302,452
1,835 Gibson Greetings, Inc. 25,461
4,983 Glatfelter P.H. Company 92,185
6,142 Longview Fiber Co. 89,059
12,095 Sonoco Products 299,351
3,386 Wausau Paper Mills Co. 82,957
6,513 Willamette Industries, Inc. 377,754
------------
1,558,310
------------
Pharmaceuticals(1.18%)
5,418 Carter-Wallace, Inc. 56,889
5,265 Forest Laboratories, Inc.* 217,839
15,366 IVAX Corp. 349,577
13,935 Mylan Laboratories, Inc. 264,765
------------
889,070
------------
Pollution Control (0.06%)
3,712 Air & Water Technologies
Corp. Class A* 18,560
8,700 Rollins Environmental
Services, Inc.* 29,363
------------
47,923
------------
Publishing (Books) (0.12%)
1,682 Houghton Mifflin Co. 68,962
2,324 Western Publishing
Group, Inc.* 19,028
------------
87,990
------------
Publishing (Newspapers) (0.99%)
4,576 Belo (A.H.) Corp. Class A 158,444
2,800 Lee Enterprises, Inc. 111,650
3,030 Media General, Inc. Class A 84,082
1,347 Washington Post 390,630
------------
744,806
------------
Restaurants (0.62%)
8,465 Brinker International* 102,638
3,500 Buffets, Inc. * 43,750
7,006 Cracker Barrel Old
Country Store 119,102
2,812 International Dairy
Queen, Inc. Class A * 59,755
4,042 Morrison Restaurants, Inc. 63,156
2,912 NPC International, Inc.
Class A 18,928
2,397 Sbarro, Inc. 50,037
3,400 Sizzler International, Inc. 11,900
------------
469,266
------------
Retail Stores (Specialty) (3.15%)
2,400 Ann Taylor Stores Corp.* 26,400
6,016 CML Group, Inc. 34,592
2,306 Claire's Stores, Inc. 45,255
511 Dave & Busters, Inc.* 7,665
8,801 Dollar General Corp. 215,624
3,247 Duty Free International, Inc. 46,270
2,559 Edison Brothers Stores, Inc. 9,276
6,748 Family Dollar Stores, Inc. 102,907
5,572 Fingerhut Companies 75,919
2,424 Hancock Fabrics, Inc. 21,210
5,769 Heilig-Meyers Co. 106,005
11,090 Home Shopping Network, Inc.* 90,106
4,500 Kohl's Corp.* 204,188
4,142 Lands End, Inc.* 62,130
3,100 MacFrugual's Bargains, Inc.* 36,812
5,000 Nine West Group, Inc.* 222,500
9,000 Perrigo Co.* 110,250
11,814 Service Merchandise, Inc.* 63,500
18,326 Shaw Industries, Inc. 233,656
10,950 Staples, Inc.* 291,544
3,400 Superior Industries
International, Inc. 95,625
1,718 Tiffany & Co. 74,948
5,083 Vons Companies, Inc. * 128,981
3,871 Waban, Inc. * 60,484
------------
2,365,847
------------
Telecommunications
(Long Distance)(0.96%)
22,184 WorldCom, Inc.* 723,753
------------
Textile Speciality (0.58%)
8,990 Fruit of the Loom,
Inc. Class A * 156,201
8,376 Unifi, Inc. 188,460
3,853 Wellman, Inc. 90,545
------------
435,206
------------
Waste Management (0.03%)
3,483 Applied Bioscience
International, Inc.* 22,204
37 Laidlaw, Inc. Class B 333
------------
22,537
------------
Total Industrial 45,010,894
------------
TRANSPORTATION(1.41%)
Airfreight (0.07%)
2,306 Airborne Freight Corp. 60,531
------------
Airlines (0.16%)
1,565 Alaska Air Group, Inc. 23,279
3,906 Atlantic Southeast Airlines 96,673
------------
119,952
------------
Railroads (0.57%)
4,974 Illinois Central Corp. 190,255
5,048 Kansas City Southern
Industries Co. 235,363
------------
425,618
------------
Shipping (0.37%)
5,454 Alexander & Baldwin, Inc. 125,442
3,330 American
President Cos., Ltd. 80,753
4,253 Overseas Shipholding Group 72,301
------------
278,496
------------
Transportation(Miscellaneous) (0.24%)
2,288 GATX Corp. 108,680
4,400 Hunt (J.B.) Transport
Services, Inc. 68,200
------------
176,880
------------
Total Transportation 1,061,477
------------
UTILITIES (12.26%)
Electric Utilities(10.06%)
9,810 AES Corp. 193,748
15,597 Allegheny Power System, Inc. 411,371
6,360 Atlantic Energy, Inc. 123,225
1,673 Black Hills Corp. 42,034
10,225 CMS Energy Corp. 282,466
6,200 California Energy Co. 112,375
2,659 Central Louisiana Electric Co. 71,461
3,936 Central Maine Power Co. 54,612
7,048 Delmarva Power & Light Co. 155,056
12,467 Florida Progress Corp. 412,969
3,230 Hawaiian Electric
Industries, Inc. 125,970
4,342 Idaho Power Co. 120,491
9,037 Illinova Corp. 256,425
4,359 Ipalco Enterprises, Inc. 160,738
7,354 Kansas City Power &
Light Co. 182,931
3,853 L G & E Energy Corp. 159,899
4,998 MidAmerican Energy Co. 79,968
3,600 Minnesota Power & Light Co. 103,050
6,342 Montana Power Co. 144,280
7,643 NIPSCO Industries, Inc. 278,969
5,195 Nevada Power Co. 113,641
7,525 New England
Electric Systems 293,475
8,513 New York State Electric &
Gas Corp. 214,953
16,421 Northeast Utilities, Inc. 406,420
4,830 Oklahoma Gas & Electric Co. 193,200
11,467 Pinnacle West Capital Corp. 315,342
5,972 Portland General Corp. 161,991
15,632 Potomac Electric Power Co. 390,800
7,319 Public Service Co. Colorado 249,761
5,048 Public Service Co.
New Mexico 84,554
7,554 Puget Sound Power & Light 171,854
11,002 Scana Corp. 279,176
4,930 Southwestern Public
Service Co. 162,074
15,304 Teco Energy, Inc. 361,557
5,330 Utilicorp United, Inc. 153,904
3,500 WPL Holdings, Inc. 106,750
14,294 Wisconsin Energy Corp. 421,673
------------
7,553,163
------------
Gas Utilities (0.73%)
8,500 MCN Corp. 184,875
4,442 National Fuel & Gas Co. 132,150
4,795 Questar Corp. 144,449
4,712 Washington Gas Light Corp. 90,117
------------
551,591
------------
Telephone Companies (Local) (1.47%)
6,198 Century Telephone
Enterprises, Inc. 179,742
12,142 Frontier Corp. 327,834
3,970 Lincoln
Telecommunications Co. 68,482
7,590 Southern New England
Telecom 274,189
6,318 Telephone & Data
Systems, Inc. 252,720
------------
1,102,967
------------
Total Utilities 9,207,721
------------
FINANCIAL (15.82%)
Banks (8.18%)
4,974 Bancorp Hawaii, Inc. 166,629
4,577 Central Fidelity Banks, Inc. 141,887
5,301 City National Corp. 70,238
15,471 Comerica, Inc. 520,212
4,342 Crestar Financial Corp. 247,494
3,800 Dauphin Deposit Corp. 110,200
7,419 Fifth Third Bancorp 498,928
8,248 First American Bank Corp. 351,571
17,632 First Bank System, Inc. 877,192
5,668 First Security Corp. 185,627
3,883 First Tennessee
National Corp. 207,740
3,953 First Virginia Banks, Inc. 161,579
11,407 Marshall & Ilsley Corp. 276,620
4,815 Merchantile
Bancorporation, Inc 211,860
5,427 Mercantile Bankshares Corp. 149,243
6,848 Meridian Bancorp, Inc. 292,752
6,386 Northern Trust Corp. 304,931
4,859 Regions Financial Corp. 193,753
9,555 Southtrust Corp. 240,069
10,819 State Street Boston Corp. 420,589
6,442 UJB Financial Corp. 205,339
4,253 West One Bancorp 180,753
4,359 Wilmington Trust Corp. 128,590
------------
6,143,796
------------
Brokerage (1.31%)
8,031 Edwards (A.G.), Inc. 204,790
14,400 PaineWebber Group, Inc. 316,800
20,198 Schwab (Charles) Corp. 462,029
------------
983,619
------------
Financial Miscellaneous (0.95%)
126 Everen Capital Corp.
Exch. Per. Series A 2,725
19,400 Green Tree Financial Corp. 516,525
3,953 Kemper Corp. 191,720
------------
710,970
------------
Insurance (3.34%)
13,089 AFLAC, Inc. 533,377
13,514 Aon Corp. 555,763
10,237 Equifax, Inc. 399,243
2,406 Hartford Steam Boiler
Inspection & Insurance
Corp. 112,180
4,500 Healthsource, Inc.* 238,500
8,366 Progressive Corp. 347,189
5,318 Provident Life &
Accident Insurance Co.
Class B 142,256
2,677 Transatlantic Holdings, Inc. 180,363
------------
2,508,871
------------
Investment Banking (1.39%)
15,517 Bear Stearns Co. 308,400
8,419 Morgan Stanley Group, Inc. 732,453
------------
1,040,853
------------
Investment Management (0.65%)
9,661 Franklin Resources, Inc. 490,296
------------
Total Financial 11,878,405
------------
Total Common Stock
(cost $56,911,772) 67,158,497
------------
Principal Value
Amount (Note 1)
- ---------- ---------
SHORT-TERM INVESTMENTS (9.81%)
Repurchase Agreement (8.48%)(b)
$6,371,000 CS First Boston Corp.
5.82%; 11/1/95
(cost $6,371,000;
maturity value $6,372,030) $6,371,000
United States Treasury Bill (1.33%)(c)
1,000,000 5.29%; 11/30/95
(cost $995,743) 995,743
------------
Total Short-term Investments
(cost $7,366,743) 7,366,743
------------
Total Investments (cost $64,278,515)
(99.25%)(a) 74,525,240
Other Assets Less Liabilities (0.75%) 561,055
------------
Net Assets (100.00%) $75,086,295
===========
* Non-income producing security.
(a) Aggregate cost for federal income tax purposes is $64,278,515. At October
31, 1995 unrealized appreciation (depreciation) of securities for federal
income tax purposes is as follows:
Gross unrealized appreciation $12,339,921
Gross unrealized depreciation (2,093,196)
------------
Net unrealized appreciation $10,246,725
============
(b) The Repurchase Agreement is collateralized by obligations of the United
States government and its agencies with a market value of $6,505,182, which
exceeds the value of the repurchase agreement. It is the Fund's policy to
always receive, as collateral, securities whose value, including accrued
interest, will be at least equal to 102% of the dollar amount to be paid to
the Fund under each agreement at its maturity. The value of the securities are
monitored daily. If the value falls below 101% of the amount to be paid at
maturity, additional collateral is obtained. The Fund makes payment for such
securities only upon physical delivery or evidence of book entry transferred
to the account of its custodian.
(c) At October 31, 1995, the market value of $995,743 of the U.S. Treasury
Bill was pledged to cover margin requirements for futures contracts.
Futures contracts at October 31, 1995:
(Contracts-$500 times premium/delivery
month/commitment)
Unrealized
Depreciation
--------------
S&P MidCap 400 Stock Index:
72/Dec/Buy $(270,000)
==========
See accompanying notes to financial statements
<TABLE>
<CAPTION>
Rightime Statements of
Family of Funds Assets and Liabilities
- -----------------------------------------------------------------------------------------------
The Rightime
Government The Rightime
The Rightime Securities Blue Chip
Fund Fund Fund
------------ ----------- ------------
<S> <C> <C> <C>
ASSETS
Investments in securities, at market value
(Identified cost $129,534,577, $17,627,278
and $205,678,913, respectively) (Note 1) $159,108,161 $18,657,356 $250,096,255
Cash 797 103 299,758
Receivables:
Dividends and interest 12,443 253,871 372,796
Fund shares sold 119,728 9,276 230,196
Variation margin -- 4,219 --
Prepaid expenses and other assets 37,527 6,959 59,767
------------ ----------- ------------
Total assets 159,278,656 18,931,784 251,058,772
------------ ----------- ------------
LIABILITIES
Payables:
Fund shares repurchased 216,335 297,127 911,764
Investment securities purchased -- -- 345,220
Variation margin 33,250 -- 15,500
Accrued expenses 54,460 -- 154,428
Other liabilities 8,572 1,798 12,589
------------ ----------- ------------
Total liabilities 312,617 298,925 1,439,501
------------ ----------- ------------
NET ASSETS (applicable to 4,233,065; 1,426,333
and 7,600,332 outstanding shares,
respectively) (Note 4) $158,966,039 $18,632,859 $249,619,271
============ =========== ============
Net asset value and redemption price per share $37.55 $13.06 $32.84
====== ====== ======
Maximum offering price per share $37.55 $13.71(1) $34.48(1)
====== ======== =========
NET ASSETS
At October 31, 1995 net assets consisted of:
Paid-in capital $125,419,424 $23,740,449 $196,065,834
Undistributed net investment income -- 127,351 2,064,369
Undistributed net realized gains (losses)
on investments 3,903,031 (6,276,363) 7,031,726
Net unrealized appreciation of investments 29,573,584 1,030,078 44,417,342
Net unrealized appreciation of futures contracts 70,000 11,344 40,000
------------- ----------- ------------
$158,966,039 $18,632,859 $249,619,271
============ =========== ============
(1) Net asset value, plus 4.99% of net asset value or 4.75% of offering price.
See accompanying notes to financial statements
<CAPTION>
Statement of Assets and Liabilities (cont.)
October 31, 1995
- -----------------------------------------------------------------------------------------------
The Rightime
Social The Rightime
Awareness MidCap
Fund Fund
------------ -----------
<S> <C> <C>
ASSETS
Investments in securities, at market value
(Identified cost $6,258,705 and
$64,278,515 respectively) (Note 1) $7,358,548 $74,525,240
Cash 360 2,658
Receivables:
Dividends and interest 5,886 72,502
Fund shares sold 26,620 56,433
Investment securities sold -- 738,950
Prepaid expenses and other assets 1,775 18,067
Deferred organization costs -- 7,354
---------- -----------
Total assets 7,393,189 75,421,204
---------- -----------
LIABILITIES
Payables:
Fund shares repurchased 3,510 288,287
Variation margin 1,550 25,200
Accrued expenses 9,669 19,152
Other liabilities 397 2,270
---------- -----------
Total liabilities 15,126 334,909
---------- -----------
NET ASSETS (applicable to 227,939 and 2,278,756
outstanding shares, respectively) (Note 4) $7,378,063 $75,086,295
========== ===========
Net asset value and redemption price per share $32.37 $32.95
====== ======
Maximum offering price per share $33.98(1) $34.59(1)
========= =========
NET ASSETS
At October 31, 1995 net assets consisted of:
Paid-in capital $6,150,224 $62,175,341
Undistributed net investment income -- 295,852
Undistributed net realized gains
on investments 127,621 2,638,377
Net unrealized appreciation of investments 1,099,843 10,246,725
Net unrealized appreciation (depreciation)
of futures contracts 375 (270,000)
---------- -----------
$7,378,063 $75,086,295
========== ===========
(1) Net asset value, plus 4.99% of net asset value or 4.75% of offering price.
See accompanying notes to financial statements
</TABLE>
<TABLE>
<CAPTION>
Rightime
Family of Funds Statements of Operations
- --------------------------------------------------------------------------------
The Rightime
Government The Rightime
The Rightime Securities Blue Chip
Fund Fund Fund
------------ ------------ ------------
<S> <C> <C> <C>
INVESTMENT INCOME
Income
Dividends $ 840,027 $ -- $ 4,588,021
Interest 2,450,799 1,645,873 3,092,258
----------- ----------- -----------
Total income 3,290,826 1,645,873 7,680,279
----------- ----------- -----------
EXPENSES
Administrative services
(Note 2) 1,420,341 171,709 1,977,601
Investment advisory fees
(Note 2) 747,548 91,578 1,163,294
Distribution costs -- 12b-1
(Notes 2 and 3) 747,548 -- 581,647
Distribution costs --
service charge (Notes 2 and 3) 373,774 57,236 581,647
Transfer agent fees (Note 2) 198,946 56,637 365,625
Accounting services (Note 2) 55,708 24,034 68,509
Legal and audit fees 31,808 7,593 58,208
Custody fees 18,437 4,850 49,450
Franchise taxes 17,572 2,064 33,392
Reports to shareholders 18,688 2,551 36,270
Registration fees 9,965 8,712 11,932
Insurance 22,970 3,176 45,658
Directors fees 11,682 1,575 23,016
Miscellaneous 22,285 3,281 42,835
---------- ---------- -----------
Total expenses 3,697,272 434,996 5,039,084
----------- ----------- -----------
Net investment income (loss) (406,446) 1,210,877 2,641,195
----------- ----------- -----------
REALIZED AND UNREALIZED GAIN
(LOSS) ON INVESTMENTS
Net realized gain from
security transactions 615,857 1,255,938 4,771,678
Capital gain distributions
from regulated investment
companies 1,472,323 -- --
Net realized gain (loss)
on futures contracts 2,701,095 (2,616,264) 2,009,198
Increase in unrealized
appreciation of investments 26,783,886 2,240,062 37,365,574
Increase (decrease) in unrealized
appreciation of
futures contracts 195,550 (772,625) 290,850
----------- ----------- -----------
Net gain on investments 31,768,711 107,111 44,437,300
----------- ----------- -----------
Net increase in net assets
resulting from operations $31,362,265 $ 1,317,988 $47,078,495
=========== =========== ===========
See accompanying notes to financial statements
<CAPTION>
Statements of Operations (cont.)
For The Year Ended October 31, 1995
- --------------------------------------------------------------------------------
The Rightime The Rightime
Social Awareness MidCap
Fund Fund
---------------- ------------
<S> <C> <C>
INVESTMENT INCOME
Income
Dividends $ 78,597 $ 960,843
Interest 137,372 1,186,465
---------- -----------
Total income 215,969 2,147,308
---------- -----------
EXPENSES
Administrative services (Note 2) 59,804 602,112
Investment advisory fees (Note 2) 35,179 354,183
Distribution costs -- 12b-1 (Notes 2 and 3) 17,590 177,092
Distribution costs -- service charge
(Notes 2 and 3) 17,590 177,092
Transfer agent fees (Note 2) 13,799 110,119
Accounting services (Note 2) 13,270 42,976
Legal and audit fees 8,774 14,048
Custody fees 6,495 18,432
Franchise taxes 1,276 7,084
Reports to shareholders 1,247 8,072
Registration fees 12,412 7,757
Insurance 1,508 9,934
Directors fees 762 5,177
Organization costs 2,155 6,778
Miscellaneous 1,610 9,806
---------- -----------
Total expenses 193,471 1,550,662
---------- -----------
Net investment income 22,498 596,646
---------- -----------
REALIZED AND UNREALIZED GAIN (LOSS)
ON INVESTMENTS
Net realized gain from security transactions 219,958 1,342,029
Net realized gain on futures contracts 88,781 1,296,140
Increase in unrealized appreciation
of investments 1,099,843 10,106,255
Increase (decrease) in unrealized
appreciation of futures contracts 375 (275,150)
---------- -----------
Net gain on investments 1,408,957 12,469,274
---------- -----------
Net increase in net assets resulting
from operations $1,431,455 $13,065,920
========== ===========
See accompanying notes to financial statements
</TABLE>
<TABLE>
<CAPTION>
Rightime Statements of
Family of Funds Changes in Net Assets
- --------------------------------------------------------------------------------------------------------
The Rightime The Rightime
Fund Government Securities Fund
- ----------------------------------------------------------------- --------------------------------------
For Year Ended For Year Ended For Year Ended For Year Ended
October 31, October 31, October 31, October 31,
1995 1994 1995 1994
--------------------------------------------------------------------
<S> <C> <C> <C> <C>
OPERATIONS
Net investment income (loss) $ (406,446) $ 1,232,709 $ 1,210,877 $ 1,351,901
Net realized gain (loss) from
security transactions 615,857 15,109,666 1,255,938 (3,289,225)
Capital gain distributions
from regulated
investment companies 1,472,323 4,994,358 -- --
Net realized gain (loss)
on futures contracts 2,701,095 (431,548) (2,616,264) 1,125,596
Net increase (decrease)
in unrealized appreciation
of investments 26,783,886 (21,382,441) 2,240,062 (1,702,953)
Net increase (decrease)
in unrealized appreciation
of futures contracts 195,550 (467,600) (772,625) 761,594
------------ ------------ ----------- -----------
Net increase (decrease)
in net assets resulting
from operations 31,362,265 (944,856) 1,317,988 (1,753,087)
Undistributed investment income
included in price of shares
sold and repurchased -- -- (50,176) (27,216)
DISTRIBUTIONS TO SHAREHOLDERS
Distributions
from net realized
gains on investments (19,759,638) (7,739,951) -- --
Distributions from net
investment income (1,232,709) -- (1,105,663) (1,419,928)
CAPITAL SHARE TRANSACTIONS
Increase (decrease)
in net assets
resulting from capital share
transactions (Note 4) (611,445) (14,286,214) (7,275,667) (4,988,200)
------------ ------------ ----------- -----------
Total increase (decrease) 9,758,473 (22,971,021) (7,113,518) (8,188,431)
NET ASSETS
Beginning of year 149,207,566 172,178,587 25,746,377 33,934,808
------------ ------------ ----------- -----------
End of year * $158,966,039 $149,207,566 $18,632,859 $25,746,377
------------ ------------ ----------- -----------
*Including undistributed net
investment income of: -- $ 1,232,709 $ 127,351 $ 72,313
============ ============ =========== ===========
<CAPTION>
Statements of Changes in Net Assets (cont.)
- --------------------------------------------------------------------
The Rightime
Blue Chip Fund
- --------------------------------------------------------------------
For Year Ended For Year Ended
October 31, October 31,
1995 1994
-----------------------------------
<S> <C> <C>
OPERATIONS
Net investment income (loss) $ 2,641,195 $ 2,556,741
Net realized gain (loss) from
security transactions 4,771,678 38,586,635
Capital gain distributions
from regulated
investment companies -- --
Net realized gain (loss)
on futures contracts 2,009,198 986,254
Net increase (decrease)
in unrealized appreciation
of investments 37,365,574 (39,442,738)
Net increase (decrease)
in unrealized appreciation
of futures contracts 290,850 (356,725)
------------ ------------
Net increase (decrease)
in net assets resulting
from operations 47,078,495 2,330,167
Undistributed investment income
included in price of shares
sold and repurchased -- --
DISTRIBUTIONS TO SHAREHOLDERS
Distributions
from net realized
gains on investments (38,462,845) (1,201,643)
Distributions from net
investment income (3,055,769) (1,502,206)
CAPITAL SHARE TRANSACTIONS
Increase (decrease)
in net assets
resulting from capital share
transactions (Note 4) 22,377,451 (1,632,213)
------------ ------------
Total increase (decrease) 27,937,332 (2,005,895)
NET ASSETS
Beginning of year 221,681,939 223,687,834
------------ ------------
End of year * $249,619,271 $221,681,939
------------ ------------
*Including undistributed net
investment income of: $ 2,064,369 $ 2,409,491
============ ============
See accompanying notes to financial statements
<CAPTION>
Statements of Changes in Net Assets (cont.)
- ---------------------------------------------------------------------------------------------------------------
The Rightime The Rightime
Social Awareness Fund MidCap Fund
- ---------------------------------------------------------------------------------------------------------------
For Year Ended For Year Ended For Year Ended For Year Ended
October 31, 1995 October 31, 1994 October 31, 1995 October 31, 1994
-----------------------------------------------------------------------------
<S> <C> <C> <C> <C>
OPERATIONS
Net investment income $ 22,498 $ 88,443 $ 596,646 $ 736,566
Net realized gain (loss)
from security transactions 219,958 (155,052) 1,342,029 2,116,190
Net realized gain (loss) on
futures contracts 88,781 802 1,296,140 (760,593)
Net increase (decrease) in
unrealized appreciation
of investments 1,099,843 (89,202) 10,106,255 (2,872,585)
Net increase (decrease) in
unrealized appreciation
of futures contracts 375 (6,175) (275,150) (38,650)
----------- ----------- ----------- -----------
Net increase (decrease) in
net assets resulting from
operations 1,431,455 (161,184) 13,065,920 (819,072)
DISTRIBUTIONS TO SHAREHOLDERS
Distributions from net realized
gains on investments -- (638,728) (1,242,938) (4,451,405)
Distributions from net investment
income (121,786) -- (1,037,360) --
CAPITAL SHARE TRANSACTIONS
Increase (decrease) in net
assets resulting from capital
share transactions (Note 4) (1,153,378) (2,534,822) (951,411) 8,398,091
----------- ----------- ----------- -----------
Total increase (decrease) 156,291 (3,334,734) 9,834,211 3,127,614
NET ASSETS
Beginning of year 7,221,772 10,556,506 65,252,084 62,124,470
----------- ----------- ----------- -----------
End of year* $7,378,063 $ 7,221,772 $75,086,295 $65,252,084
=========== =========== =========== ===========
*Including undistributed
net investment income of: -- $ 88,443 $ 295,852 $ 736,566
=========== =========== =========== ===========
See accompanying notes to financial statements
</TABLE>
<TABLE>
<CAPTION>
Rightime Financial
Family of Funds Highlights
(For a Share Outstanding Throughout the Period)
- ----------------------------------------------------------------------------------------------------
Net
Realized Distri- Distri-
Net and butions butions
Asset Net Unrealized from from
Value Investment Gain Total Net Realized Total
Beginning Income (Loss) on From Investment Capital Distri-
of Period (Loss) Investments Operations Income Gains butions
- ----------------------------------------------------------------------------------------------------
The Rightime
Fund
<S> <C> <C> <C> <C> <C> <C> <C>
1995 $35.50 $(0.10) $7.21 $7.11 $(0.30) $(4.76) $(5.06)
1994 37.42 0.29 (0.49) (0.20) -- (1.72) (1.72)
1993 34.70 (0.32) 5.47 5.15 (0.05) (2.38) (2.43)
1992 37.33 0.06 2.16 2.22 (0.17) (4.68) (4.85)
1991 31.82 0.16 7.43 7.59 (0.61) (1.47) (2.08)
- ----------------------------------------------------------------------------------------------------
The Rightime
Government
Securities
Fund
1995 $12.93 $0.68 $0.08 $0.76 $(0.63) $ -- $(0.63)
1994 14.31 0.61 (1.34) (0.73) (0.65) -- (0.65)
1993 13.16 0.66 1.21 1.87 (0.72) -- (0.72)
1992 12.86 0.71 0.19 0.90 (0.60) -- (0.60)
1991 12.63 0.82 0.17 0.99 (0.76) -- (0.76)
- ----------------------------------------------------------------------------------------------------
The Rightime
Blue Chip
Fund
1995 $33.08 $0.35 $5.66 $6.01 $(0.46) $(5.79) $(6.25)
1994 33.14 0.39 (0.04) 0.35 (0.23) (0.18) (0.41)
1993 29.70 0.26 3.41 3.67 (0.23) -- (0.23)
1992 28.22 0.25 1.55 1.80 (0.32) -- (0.32)
1991 26.23 0.32 4.53 4.85 (0.55) (2.31) (2.86)
- ----------------------------------------------------------------------------------------------------
The Rightime
Social
Awareness
Fund
1995 $26.84 $0.08 $5.91 $5.99 $(0.46) $ -- $(0.46)
1994 29.07 0.33 (0.72) (0.39) -- (1.84) (1.84)
1993 29.64 (0.02) 1.76 1.74 (0.04) (2.27) (2.31)
1992 25.56 0.12 4.30 4.42 (0.23) (0.11) (0.34)
1991 22.29 0.16 3.51 3.67 (0.40) -- (0.40)
- ----------------------------------------------------------------------------------------------------
The Rightime
MidCap Fund
1995 $28.44 $0.26 $5.25 $5.51 $(0.45) $(0.55) $(1.00)
1994 31.07 0.32 (0.78) (0.46) -- (2.17) (2.17)
1993 27.08 (0.03) 4.80 4.77 (0.05) (0.73) (0.78)
1992 (1) 25.00 0.03 2.07 2.10 (0.02) -- (0.02)
- ----------------------------------------------------------------------------------------------------
(caption)
Financial Highlights (cont.)
- ----------------------------------------------
Net
Asset
Value
End Total
of Period Return(2)
- ----------------------------------------------
<S> <C> <C>
The Rightime
Fund
1995 $37.55 23.38%
1994 35.50 (0.48)
1993 37.42 15.52
1992 34.70 6.15
1991 37.33 25.21
- ---------------------------------------------
The Rightime
Government
Securities
Fund
1995 $13.06 6.00%
1994 12.93 (5.15)
1993 14.31 14.60
1992 13.16 7.20
1991 12.86 8.14
- --------------------------------------------
The Rightime
Blue Chip
Fund
1995 $32.84 22.31%
1994 33.08 1.06
1993 33.14 12.41
1992 29.70 6.41
1991 28.22 20.27
- --------------------------------------------
The Rightime
Social
Awareness
Fund
1995 $32.37 22.70%
1994 26.84 (1.27)
1993 29.07 5.82
1992 29.64 17.43
1991 25.56 16.69
- --------------------------------------------
The Rightime
MidCap Fund
1995 $32.95 20.07%
1994 28.44 (1.38)
1993 31.07 17.93
1992 (1)27.08 8.40
- --------------------------------------------
(1) Inception of fund was November 11, 1991
(2) Excludes sales charge
See accompanying notes to financial statements
<CAPTION>
Financial Highlights (cont.)
October 31, 1995
- -------------------------------------------------------------------------------------------------
RATIOS
- -------------------------------------------------------------------------------------------------
Net Investment
Net Assets Expenses to Income (Loss)
At The Average To Average Portfolio
End Of Period Net Assets Net Assets Turnover
- -------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
The Rightime Fund
1995 $158,966,039 2.47% (0.27%) 9.45%
1994 149,207,566 2.51 0.78 11.50
1993 172,178,587 2.52 (0.83) 1.86
1992 170,955,840 2.56 0.15 72.63
1991 162,972,329 2.67 0.45 136.19
- -------------------------------------------------------------------------------------------------
The Rightime Government Securities Fund
1995 $18,632,859 1.90% 5.29% 77.98%
1994 25,746,377 1.90 4.62 216.70
1993 33,934,808 1.98 4.72 120.80
1992 30,312,806 2.03 5.53 126.25
1991 42,234,866 1.82 5.55 309.57
- -------------------------------------------------------------------------------------------------
The Rightime Blue Chip Fund
1995 $249,619,271 2.17% 1.13% 17.52%
1994 221,681,939 2.22 1.16 0.98
1993 223,687,834 2.16 0.72 1.97
1992 211,481,090 2.25 0.87 --
1991 187,307,234 2.27 1.30 34.07
- -------------------------------------------------------------------------------------------------
The Rightime Social Awareness Fund
1995 $7,378,063 2.75% 0.32% 36.49%
1994 7,221,772 2.56 1.04 54.85
1993 10,556,506 2.40 (0.19) 238.52
1992 6,525,545 2.49 0.45 276.62
1991 5,770,249 2.88 0.63 247.22
- -------------------------------------------------------------------------------------------------
The Rightime MidCap Fund
1995 $75,086,295 2.19% 0.84% 24.67%
1994 65,252,084 2.28 1.14 0.75
1993 62,124,470 2.28 (0.19) 38.79
1992(1) 31,311,779 2.34* 0.17* 35.10
- -------------------------------------------------------------------------------------------------
*Annualized
(1) Inception of fund was November 11, 1991
See accompanying notes to financial statements
</TABLE>
October 31, 1995
Family of Funds Notes to Financial Statements
- ------------------------------------------------------------------------
NOTE 1 -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The Rightime Fund, The Rightime Government Securities Fund, The Rightime
Blue Chip Fund, The Rightime Social Awareness Fund, and The Rightime
MidCap Fund (the "Funds") are each a series of shares of common stock of
The Rightime Fund Inc., which is registered under the Investment Company
Act of 1940, as amended, as a diversified open-end management company.
The company was incorporated in the state of Maryland on November 15,
1984. The following is a summary of significant accounting policies
followed by the Funds.
SECURITY VALUATION
The Funds' investments in securities are carried at market value.
Securities listed on an exchange or quoted on a national market system
are valued at the last sales price. Other securities are valued at the
most recent bid price. Investments in regulated investment companies are
valued at the net asset value per share as quoted by the National
Association of Securities Dealers on the last business day of the fiscal
period. Investments in money market funds are valued at cost which
approximates market value. Short-term investments are valued at
amortized cost which approximates market value.
FUTURES CONTRACTS
Initial margin deposits required upon entering into futures contracts
are satisfied by the segregation of specific securities or cash, and/or
by securing a standby letter of credit from a major commercial bank, as
collateral, for the account of the broker (the Fund's agent in acquiring
the futures position). During the period the futures contract is open,
changes in the value of the contract are recognized as unrealized gains
or losses by "marking to market" on a daily basis to reflect the market
value of the contract at the end of each day's trading. Variation margin
payments are made or received depending upon whether unrealized gains or
losses are incurred.When the contract is closed, the Fund records a
realized gain or loss equal to the difference between the proceeds from
(or cost of) the closing transaction and the Fund's basis in the
contract.
The Rightime Government Securities Fund may purchase or sell future
contracts which are based on government securities, including any index
of government securities in order to protect itself against the adverse
effects of fluctuations in interest rates. Risks of entering into these
future contracts include the possibility that there may be an illiquid
market and that if the advisor's investment judgement about the general
direction of interest rates is incorrect the fund's overall performance
may be poorer than if it had not entered into any such contracts.The
other four Rightime Funds may purchase or sell stock index future
contracts as a hedge against changes in market conditions. Risks include
the possibility of an illiquid market and that a change in the value of
the contract may not correlate with changes in the securities being
hedged.
FEDERAL INCOME TAXES
No provision has been made for federal income taxes since it is the
policy of the Fund to comply with the provisions of the Internal Revenue
Code applicable to regulated investment companies and to make sufficient
distributions of taxable income to relieve it from all federal income
taxes.
At October 31, 1995, The Rightime Government Securities Fund had
approximately $6,265,000 in capital loss carryovers available to offset
future capital gains if any, which expire from 1998 to 2003.
SECURITY TRANSACTIONS, INVESTMENT INCOME AND OTHER
Security transactions are recorded on the trade date. Interest income is
recorded on the accrual basis. Dividend income and distributions to
shareholders are recorded on the ex-dividend date.
Income distributions and capital gain distributions are determined in
accordance with income tax regulations which may differ from generally
accepted accounting principles. These differences are primarily due to
differing treatments for net operating losses and futures transactions.
DEFERRED ORGANIZATION EXPENSE
All of the Funds' expenses in connection with its organization and the
public offering of its shares of common stock have been paid by the
Funds. Such expenses have been deferred and are being amortized as
charges against net investment income over a period of five years.
Pension plans affiliated with the Funds' Investment Advisor and the
Funds' Distributor, have purchased shares to provide each Fund's initial
capital. Any such shares redeemed before amortization of the Fund's
organizational expenses has been completed would be subject to a charge
for a proportional share of such unamortized expenses. To avoid imposing
such charges on those shares, the Advisor and Distributor have agreed to
bear, in lieu of a reduction of the redemption proceeds, any charges
assessed against the shares owned by the respective plan. To avoid
creating a borrowing by such persons from the Fund, any such payments
which may be required will be paid or offset contemporaneously with the
redemption of the shares. Investors purchasing shares of a Fund bear
such expenses only as they are amortized against the Fund's investment
income.
EQUALIZATION
The Rightime Government Securities Fund follows the accounting practice
of "equalization" whereby part of the proceeds from the capital share
transactions, equivalent to a proportionate share of the distributable
investment income on the date of the transaction, is transferred to or
from the undistributed net investment income account. Undistributed net
investment income is therefore unaffected by capital share transactions.
NOTE 2 -- INVESTMENT ADVISORY FEE AND OTHER TRANSACTIONS WITH
AFFILIATES
The Investment Advisor, Rightime Econometrics, Inc., is paid a monthly
fee based on an annual rate (summarized below) of the Funds' average
daily net assets. In the event the expenses of the Fund for any fiscal
year (including the advisory and administrative fees, but excluding
interest, taxes, brokerage commissions, distribution fees, litigation
and indemnification expenses and other extraordinary expenses not
incurred in the ordinary course of the Funds' business) exceed the
limits set by applicable regulation of state securities commissions, if
any, the compensation due to the Advisor will be reduced by the amount
of such excess.
The Funds' Administrator, Rightime Administrators, Inc., is paid a
monthly fee based on an annual rate (summarized below) of the Funds'
average daily net assets for providing office facilities and certain
administrative services.
The Funds' Distributor, Lincoln Investment Planning, Inc., is paid a
monthly fee based on an annual rate (summarized below) of the Funds'
average daily net assets for costs incurred in connection with the sale
of the Funds' capital stock (see Note 3).
A summary of annual fee rates applied to average daily net assets are as
follows:
Advisory Administration Distribution
Fee Fee Costs
---------- -------------- ------------
The Rightime Fund .50% .95% .75%
The Rightime
Government
Securities Fund .40% .75% .25%
The Rightime
Blue Chip Fund .50% .85% .50%
The Rightime Social
Awareness Fund .50% .85% .50%
The Rightime
MidCap Fund .50% .85% .50%
During the year ended October 31, 1995, the Distributor received
commissions as an underwriter and a retail dealer of Fund shares as
follows:
The Rightime Government
Securities Fund $ 51,787
The Rightime Blue Chip Fund $776,869
The Rightime Social Awareness Fund $ 25,058
The Rightime MidCap Fund $237,675
Lincoln Investment Planning, Inc., also provides the Funds with transfer
agent and accounting services. Aggregate transfer agent and accounting
services fees received by Lincoln Investment Planning, Inc. were
$626,303 and $204,497, respectively. During the year ended October 31,
1995, Lincoln Investment Planning, Inc. waived fees of $11,042 and
$12,639, respectively, for transfer agent and accounting services
provided to the Rightime Social Awareness Fund.
Certain officers and directors of the company are also officers and/or
directors of the Advisor, Administrator, Transfer Agent and/or
Distributor.
NOTE 3 - DISTRIBUTION COSTS
The Fund's Board of Directors, including a majority of the Directors who
are not "interested persons" of the Funds as defined in the Investment
Company Act of 1940, have adopted a distribution plan pursuant to Rule
12b-1 of the Act. The Plan regulates the manner in which a regulated
investment company may assume costs of distributing and promoting the
sales of its shares.
The Plan provides that the Funds may incur certain costs which may not
exceed the rates detailed above per annum of the Funds' average daily
net assets for payments to the Distributor for items such as advertising
expenses, selling expenses, commissions or travel reasonably intended to
result in sales of shares of the Funds and for commissions for Fund
shares sold by representatives of the Distributor or other
broker-dealers. The distribution costs include a service charge based on
an annual rate of .25% of the Funds' average daily net assets.
<TABLE>
<CAPTION>
NOTE 4 - CAPITAL SHARES
The Rightime Fund, Inc. has 500,000,000 shares of $.01 par value stock
authorized which may be allocated to any series. Currently 50,000,000
shares have been allocated to the Rightime Fund and 20,000,000 shares to
each of the other four Funds. Transactions in capital stock were as
follows
- -----------------------------------------------------------------------------------------------
The Rightime Fund
- -----------------------------------------------------------------------------------------------
1995 1994
- -----------------------------------------------------------------------------------------------
Shares Value Shares Value
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Shares sold 409,374 $13,557,231 270,145 $ 9,637,289
Shares issued in reinvestment
of distributions 685,260 20,831,897 219,163 7,686,035
------------ ------------ ------------ ------------
1,094,634 34,389,128 489,308 17,323,324
Shares redeemed (1,064,345) (35,000,573) (887,241) (31,609,538)
------------ ------------ ------------ ------------
Net increase (decrease) 30,289 $ (611,445) (397,933) $(14,286,214)
============ ============ ============ ============
<CAPTION>
Note 4 - Capital Shares (cont.)
- -----------------------------------------------------------------------------------------------
The Rightime Government Securities Fund
- -----------------------------------------------------------------------------------------------
1995 1994
- -----------------------------------------------------------------------------------------------
Shares Value Shares Value
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Shares sold 153,514 $ 1,974,518 207,047 $ 2,747,001
Shares issued in reinvestment
of distributions 79,761 1,029,755 99,442 1,320,622
------------ ------------ ------------ ------------
233,275 3,004,273 306,489 4,067,623
Shares redeemed (798,905) (10,279,940) (686,316) (9,055,823)
------------ ------------ ------------ ------------
Net increase (decrease) (565,630) $ (7,275,667) (379,827) $(4,988,200)
============ ============ ============ ============
<CAPTION>
Note 4 - Capital Shares (cont.)
The Rightime Blue Chip Fund
- -----------------------------------------------------------------------------------------------
1995 1994
- -----------------------------------------------------------------------------------------------
Shares Value Shares Value
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Shares sold 940,978 $ 27,663,228 726,120 $ 23,828,972
Shares issued in reinvestment
of distributions 1,532,344 41,281,332 82,596 2,687,658
Shares issued in exchange for
Rightime Growth Fund
shares -- -- 599,844 19,680,895
------------ ------------ ------------ ------------
2,473,322 68,944,560 1,408,560 46,197,525
Shares redeemed (1,573,784) (46,567,109) (1,458,546) (47,829,738)
------------ ------------ ------------ ------------
Net increase (decrease) 899,538 $ 22,377,451 (49,986) $ (1,632,213)
============ ============ ============ ============
<CAPTION>
Note 4 - Capital Shares (cont.)
The Rightime Social Awareness Fund
- -----------------------------------------------------------------------------------------------
1995 1994
- -----------------------------------------------------------------------------------------------
Shares Value Shares Value
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Shares sold 28,167 $ 796,038 43,935 $1,183,287
Shares issued in reinvestment
of distributions 4,339 114,769 23,806 631,801
Shares issued in exchange for
Rightime Growth Fund
shares -- -- -- --
------------ ------------ ------------ ------------
32,506 910,807 67,741 1,815,088
Shares redeemed (73,654) (2,064,185) (161,814) (4,349,910)
------------ ------------ ------------ ------------
Net increase (decrease) (41,148) $(1,153,378) (94,073) $(2,534,822)
============ ============ ============ ============
<CAPTION>
Note 4 - Capital Shares (cont.)
The Rightime MidCap Fund
- -----------------------------------------------------------------------------------------------
1995 1994
- -----------------------------------------------------------------------------------------------
Shares Value Shares Value
------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
Shares sold 364,901 $ 10,596,768 558,605 $ 15,963,806
Shares issued in reinvestment
of distributions 82,517 2,270,886 158,351 4,441,752
------------ ------------ ------------ ------------
447,418 12,867,654 716,956 20,405,558
Shares redeemed (463,073) (13,819,065) (422,037) (12,007,467)
------------ ------------ ------------ ------------
Net increase (decrease) (15,655) $ (951,411) 294,919 $ 8,398,091
============ ============ ============ ============
</TABLE>
NOTE 5 - PURCHASES AND SALES OF SECURITIES
Purchases and sales of securities other than short-term investments
during the year ended October 31, 1995 were as follows:
Purchases Sales
------------ -----------
The Rightime Fund $ 97,055,168 $ 9,646,867
The Rightime Government
Securities Fund $ 13,560,219 $18,078,859
The Rightime Blue
Chip Fund $170,214,611 $30,425,003
The Rightime Social
Awareness Fund $ 7,808,511 $ 2,435,749
The Rightime MidCap Fund $ 58,395,820 $11,879,030
NOTE 6 -- ACQUISITION OF THE RIGHTIME GROWTH FUND BY THE RIGHTIME BLUE
CHIP FUND
On May 20, 1994, The Rightime Blue Chip Fund acquired all of the assets
and liabilities of The Rightime Growth Fund. This acquisition was
accomplished by the tax-free exchange of 599,844 shares (valued at
$19,680,895) of The Rightime Blue Chip Fund for 814,607 shares of The
Rightime Growth Fund.
The net assets of the acquired fund as of May 20, 1994 consisted of
paid-in capital of $19,680,895. The net assets of The Rightime Blue Chip
Fund immediately after the acquisition amounted to $242,544,629.
Report of Independent
Rightime Certified Public
Family of Funds Accountants
- --------------------------------------------------------------------------
To the Shareholders
and Board of Directors
of The Rightime Fund, Inc.
We have audited the accompanying statements of assets and liabilities of
The Rightime Fund, The Rightime Government Securities Fund, The Rightime
Blue Chip Fund, The Rightime Social Awareness Fund and The Rightime
MidCap Fund, each a series of shares of common stock of The Rightime
Fund, Inc., including the portfolios of investments, as of October 31,
1995 and the related statements of operations for the year then ended,
the statements of changes in net assets for each of the two years in the
period then ended and the financial highlights for the periods indicated
thereon. These financial statements and financial highlights are the
responsibility of the Fund's management. Our responsibility is to
express an opinion on these financial statements and financial
highlights based on our audits.
We conducted our audits in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements and
financial highlights are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements. Our procedures included
confirmation of securities owned as of October 31, 1995 by
correspondence with the custodian and brokers. An audit also includes
assessing the accounting principles used and significant estimates made
by management, as well as evaluating the overall financial statement
presentation. We believe that our audits provide a reasonable basis for
our opinion.
In our opinion, the financial statements and financial highlights
referred to above present fairly, in all material respects, the
financial position of The Rightime Fund, The Rightime Government
Securities Fund, The Rightime Blue Chip Fund, The Rightime Social
Awareness Fund and The Rightime MidCap Fund as of October 31, 1995, the
results of their operations for the year then ended, the changes in
their net assets for each of the two years in the period then ended and
the financial highlights for the periods referred to above, in
conformity with generally accepted accounting principles.
TAIT, WELLER & BAKER
Philadelphia, Pennsylvania
November 21, 1995
October 31, 1995
Rightime The Rightime Fund
Family of Funds Performance Comparison
- ---------------------------------------------------------------------------
Our fiscal year ending October 31, 1995 was an excellent year for equity
investments. As the uncertainty and gloom of 1994 dissipated, stocks
rallied. Prices were driven higher by strong earnings growth and
declining interest rates. Technology stocks led the rally while
large-capitalization stocks outperformed the small caps.
Rightime Fund, under the guidance of the Rightime Market Model
(RTMM(registered trademark)), participated in most of this rally. The
model provided the discipline to buy equities in early February of 1995,
even though a few large- capitalization stock indexes (e.g. Dow Jones
Industrial Average and S&P 500 Stock Index) were at new highs. In spite
of these peaks, we can now see that this was an excellent buying
opportunity. At the time, short-term interest rates had begun to decline
from their peak. Long-term interest rates continued a decline that began
in November 1994. Combined with a strong earnings environment (that has
ultimately just grown stronger) these dual forces fueled the stock
market's engine. Rightime Fund's portfolio holdings have been well
diversified by investing in both large- and small-cap funds as well as
growth and value funds. The Fund has also benefited from investments in
some specific sectors such as technology. The Fund remains fully
invested in equities in accordance with the Rightime Market Model
(RTMM(registered trademark)),
- ------------------------------------------------
Average Annual Total Return
- ------------------------------------------------
Since Inception
1 Year 5 Years 10 Years Sept. 17, 1985
- ------------------------------------------------
23.38% 13.51% 11.51% 11.74%
- ------------------------------------------------
Performance Comparison
The "Performance Comparison" chart assesses the Rightime Fund's
performance against the Lipper Growth Fund Index, a broad based index.
The "Risk Adjusted Performance Comparison" more closely reflects the
fund's performance as compared to a consistent risk level.
The Rightime Fund utilizes a modeled approach to investing which
attempts to minimize risk by moving assets to money market equivalent
investments during periods in which the market appears to be overvalued.
This approach, over full market cycles, tends to invest in low risk, or
money market-like securities approximately half of the time. In order to
provide an equivalent risk level this comparison assumes that assets are
invested half in the Lipper Growth Fund Index and half in a money market
fund index. This balanced index approaches the risk level of each fund
that has been in existence for at least one full market cycle and
therefore provides a more meaningful performance comparison.
The performance shown represents past performance and is not a guarantee
of future results. A mutual fund's share price and investment return
will vary with market conditions, and the principal value of shares,
when redeemed, may be more or less than the original cost.
Average annual total returns are historical in nature and measure net
investment income and capital gain or loss from portfolio investments
assuming reinvestment of dividends.
Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lpprgrth.w.f0 rtmmyld.w rightime.temp.f0 rightime.temp.f0
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 8537 9.906 1.000 -9.190 9.928 9.956 8509.130 9.956 10.000
mx 9543 40.354 1.000 -2.590 44.444 31.502 9510.270 31.502 17.646
cl 9543 39.507 1.000 -5.200 43.878 30.479 9510.270 30.479 17.646
xb 529 22.034 1.000 -5.611 24.016 19.015 9032.416 19.015 13.917
sd 7.492 0.000 1.864 8.368 4.834 294.274 4.834 2.303
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime.temp.f0 -> 3.044 0.551 0.502 11.601 -0.162 10.806
lpprgrth.w.f0 -> 0.342 0.906 0.905 14.489 -0.052 13.230
defensive -> 5.741 0.001 0.002 5.753 1.387 0.258
- --------------------------------------------------------------------------------
8537 10.000 1.000 -7.050 10.000 10.000 8509.130 10.000 10.000
8538 9.974 1.000 -7.120 9.961 10.000 8509.200 10.000 10.014
8539 9.906 1.000 -7.180 9.928 10.008 8509.270 10.008 10.027
8540 9.950 1.000 -7.110 10.042 9.956 8510.040 9.956 10.041
8541 10.038 1.000 -7.090 10.109 10.024 8510.110 10.024 10.055
8542 10.207 1.000 -7.140 10.269 10.216 8510.180 10.216 10.068
8543 10.191 1.000 -7.160 10.303 10.232 8510.250 10.232 10.082
8544 10.400 1.000 -7.170 10.532 10.436 8511.010 10.436 10.096
8545 10.584 1.000 -7.200 10.661 10.636 8511.080 10.636 10.110
8546 10.810 1.000 -7.190 10.911 10.848 8511.150 10.848 10.124
8547 10.989 1.000 -7.260 11.108 11.016 8511.220 11.016 10.138
8548 11.055 1.000 -7.210 11.152 11.076 8511.290 11.076 10.152
8549 11.108 1.000 -7.220 11.206 11.100 8512.060 11.100 10.166
8550 11.495 1.000 -7.250 11.598 11.540 8512.130 11.540 10.180
8551 11.453 1.000 -7.250 11.662 11.504 8512.200 11.504 10.194
8552 11.440 1.000 -7.210 11.597 11.472 8512.270 11.472 10.208
8601 11.500 1.000 -7.220 11.676 11.543 8601.030 11.543 10.222
8602 11.316 1.000 -7.210 11.412 11.354 8601.100 11.354 10.237
8603 11.446 1.000 -7.090 11.558 11.563 8601.170 11.563 10.251
8604 11.468 1.000 -7.160 11.456 11.498 8601.240 11.498 10.265
8605 11.734 1.000 -7.150 11.761 11.764 8601.310 11.764 10.279
8606 11.952 1.000 -7.150 11.925 12.010 8602.070 12.010 10.293
8607 12.212 1.000 -7.090 12.222 12.304 8602.140 12.304 10.307
8608 12.486 1.000 -7.120 12.501 12.546 8602.210 12.546 10.321
8609 12.633 1.000 -7.090 12.638 12.699 8602.280 12.699 10.335
8610 12.676 1.000 -7.110 12.572 12.731 8603.070 12.731 10.349
8611 13.105 1.000 -7.060 13.193 13.202 8603.140 13.202 10.363
8612 13.060 1.000 -6.930 13.022 13.138 8603.210 13.138 10.377
8613 13.269 1.000 -6.850 13.345 13.315 8603.280 13.315 10.391
8614 12.896 1.000 -6.880 12.780 12.965 8604.040 12.965 10.405
8615 13.246 1.000 -6.760 13.196 13.332 8604.110 13.332 10.418
8616 13.587 1.000 -6.680 13.564 13.723 8604.180 13.723 10.432
8617 13.543 1.000 -6.500 13.567 13.650 8604.250 13.650 10.445
8618 13.207 1.000 -6.380 13.156 13.287 8605.020 13.287 10.458
8619 13.393 1.000 -6.300 13.337 13.481 8605.090 13.481 10.471
8620 13.204 1.000 -6.250 13.060 13.267 8605.160 13.267 10.484
8621 13.579 1.000 -6.190 13.551 13.654 8605.230 13.654 10.496
8622 13.819 1.000 -6.190 13.897 13.941 8605.300 13.941 10.509
8623 13.749 1.000 -6.150 13.812 13.904 8606.060 13.904 10.521
8624 13.729 1.000 -6.170 13.824 13.912 8606.130 13.912 10.534
8625 13.812 1.000 -6.190 13.937 13.824 8606.200 13.824 10.546
8626 13.921 1.000 -6.170 14.060 14.074 8606.270 14.074 10.559
8627 14.099 1.000 -6.190 14.192 14.312 8607.040 14.312 10.571
8628 13.581 1.000 -6.150 13.662 13.570 8607.110 13.570 10.584
8629 13.292 1.000 -6.090 13.340 13.231 8607.180 13.231 10.596
8630 13.400 1.000 -5.990 13.567 13.303 8607.250 13.303 10.609
8631 13.116 1.000 -5.890 13.276 12.965 8608.010 12.965 10.621
8632 13.085 1.000 -5.860 13.396 12.856 8608.080 12.856 10.633
8633 13.651 1.000 -5.820 13.986 13.477 8608.150 13.477 10.645
8634 13.734 1.000 -5.760 14.167 13.505 8608.220 13.505 10.657
8635 13.817 1.000 -5.670 14.331 13.549 8608.290 13.549 10.668
8636 13.738 1.000 -5.530 14.201 13.307 8609.050 13.307 10.680
8637 12.737 1.000 -5.380 13.087 12.267 8609.120 12.267 10.691
8638 12.834 1.000 -5.340 13.183 12.351 8609.190 12.351 10.702
8639 12.894 1.000 -5.300 13.193 12.392 8609.260 12.392 10.713
8640 12.989 1.000 -5.300 13.286 12.501 8610.030 12.501 10.724
8641 13.086 1.000 -5.260 13.396 12.610 8610.100 12.610 10.735
8642 13.204 1.000 -5.210 13.596 12.739 8610.170 12.739 10.746
8643 13.211 1.000 -5.190 13.572 12.743 8610.240 12.743 10.757
8644 13.452 1.000 -5.200 13.907 12.928 8610.310 12.928 10.767
8645 13.542 1.000 -5.200 14.018 12.997 8611.070 12.997 10.778
8646 13.462 1.000 -5.170 13.955 12.904 8611.140 12.904 10.789
8647 13.429 1.000 -5.210 14.047 12.920 8611.210 12.920 10.800
8648 13.627 1.000 -5.250 14.242 13.086 8611.280 13.086 10.810
8649 13.723 1.000 -5.220 14.363 13.186 8612.050 13.186 10.821
8650 13.492 1.000 -5.260 14.153 13.006 8612.120 13.006 10.832
8651 13.566 1.000 -5.250 14.298 13.058 8612.190 13.058 10.843
8652 13.485 1.000 -5.390 14.147 12.964 8612.260 12.964 10.854
8701 13.514 1.000 -5.480 14.129 12.968 8701.020 12.968 10.865
8702 14.169 1.000 -5.470 14.842 13.599 8701.090 13.599 10.877
8703 14.488 1.000 -5.460 15.285 13.908 8701.160 13.908 10.888
8704 14.703 1.000 -5.420 15.513 14.075 8701.230 14.075 10.899
8705 14.791 1.000 -5.340 15.751 14.243 8701.300 14.243 10.911
8706 15.243 1.000 -5.310 16.103 14.560 8702.060 14.560 10.922
8707 15.334 1.000 -5.280 16.093 14.569 8702.130 14.569 10.933
8708 15.612 1.000 -5.340 16.435 14.878 8702.200 14.878 10.944
8709 15.670 1.000 -5.360 16.370 14.839 8702.270 14.839 10.955
8710 15.942 1.000 -5.340 16.752 15.114 8703.060 15.114 10.967
8711 15.910 1.000 -5.350 16.717 15.045 8703.130 15.045 10.978
8712 16.221 1.000 -5.390 17.203 15.312 8703.200 15.312 10.989
8713 16.116 1.000 -5.390 17.095 15.234 8703.270 15.234 11.000
8714 16.211 1.000 -5.440 17.352 14.741 8704.030 14.741 11.012
8715 15.909 1.000 -5.440 16.905 14.891 8704.100 14.891 11.023
8716 15.559 1.000 -5.450 16.592 14.831 8704.170 14.831 11.035
8717 15.488 1.000 -5.520 16.291 14.972 8704.240 14.972 11.046
8718 15.604 1.000 -5.510 16.678 14.917 8705.010 14.917 11.058
8719 15.816 1.000 -5.620 16.997 14.925 8705.080 14.925 11.070
8720 15.549 1.000 -5.750 16.663 14.964 8705.150 14.964 11.082
8721 15.279 1.000 -5.780 16.367 14.904 8705.220 14.904 11.094
8722 15.693 1.000 -5.880 16.838 14.895 8705.290 14.895 11.106
8723 15.846 1.000 -5.930 17.043 14.865 8706.050 14.865 11.119
8724 16.212 1.000 -5.970 17.527 14.818 8706.120 14.818 11.131
8725 16.412 1.000 -6.010 17.848 14.792 8706.190 14.792 11.144
8726 16.405 1.000 -6.040 17.869 14.758 8706.260 14.758 11.157
8727 16.341 1.000 -6.040 17.790 14.796 8707.030 14.796 11.170
8728 16.471 1.000 -6.060 17.960 14.796 8707.100 14.796 11.183
8729 16.799 1.000 -6.050 18.332 14.844 8707.170 14.844 11.196
8730 16.588 1.000 -6.010 18.032 14.844 8707.240 14.844 11.209
8731 16.978 1.000 -5.950 18.590 14.869 8707.310 14.869 11.222
8732 17.211 1.000 -5.990 18.853 14.878 8708.070 14.878 11.234
8733 17.647 1.000 -6.000 19.504 14.917 8708.140 14.917 11.247
8734 17.735 1.000 -6.000 19.626 14.925 8708.210 14.925 11.260
8735 17.451 1.000 -5.990 19.118 14.930 8708.280 14.930 11.273
8736 16.997 1.000 -6.030 18.524 14.968 8709.040 14.968 11.286
8737 17.173 1.000 -6.040 18.843 14.994 8709.110 14.994 11.299
8738 16.946 1.000 -6.040 18.436 14.981 8709.180 14.981 11.312
8739 17.042 1.000 -6.250 18.757 14.968 8709.250 14.968 11.325
8740 17.405 1.000 -6.340 19.229 15.024 8710.020 15.024 11.339
8741 16.683 1.000 -6.450 18.242 15.050 8710.090 15.050 11.353
8742 15.425 1.000 -6.560 16.588 15.071 8710.160 15.071 11.367
8743 13.160 1.000 -6.700 14.574 14.887 8710.230 14.887 11.381
8744 13.316 1.000 -6.530 14.793 14.741 8710.300 14.741 11.396
8745 13.273 1.000 -6.470 14.721 14.685 8711.060 14.685 11.410
8746 13.076 1.000 -6.490 14.450 14.719 8711.130 14.719 11.424
8747 12.811 1.000 -6.470 14.245 14.410 8711.200 14.410 11.438
8748 12.903 1.000 -6.430 14.156 14.543 8711.270 14.543 11.453
8749 12.060 1.000 -6.420 13.199 13.904 8712.040 13.904 11.467
8750 12.602 1.000 -6.460 13.880 14.457 8712.110 14.457 11.481
8751 13.427 1.000 -6.510 14.706 15.251 8712.180 15.251 11.495
8752 13.651 1.000 -6.610 14.884 15.552 8712.250 15.552 11.509
8753 13.481 1.000 -6.690 14.601 15.247 8801.010 15.247 11.524
8801 13.441 1.000 -6.800 14.394 15.005 8801.080 15.005 11.539
8802 13.686 1.000 -6.570 14.916 15.276 8801.150 15.276 11.554
8803 13.524 1.000 -6.480 14.598 14.937 8801.220 14.937 11.568
8804 13.913 1.000 -6.390 15.234 15.360 8801.290 15.360 11.583
8805 13.818 1.000 -6.330 14.882 15.089 8802.050 15.089 11.597
8806 14.144 1.000 -6.230 15.288 15.503 8802.120 15.503 11.611
8807 14.325 1.000 -6.140 15.534 15.734 8802.190 15.734 11.625
8808 14.488 1.000 -6.160 15.595 15.862 8802.260 15.862 11.639
8809 14.797 1.000 -6.100 15.893 16.207 8803.040 16.207 11.652
8810 14.786 1.000 -6.050 15.763 16.118 8803.110 16.118 11.666
8811 15.031 1.000 -6.060 16.141 16.379 8803.180 16.379 11.680
8812 14.555 1.000 -6.040 15.400 15.759 8803.250 15.759 11.693
8813 14.426 1.000 -6.040 15.433 15.729 8804.010 15.729 11.707
8814 14.987 1.000 -6.050 16.073 16.044 8804.080 16.044 11.720
8815 14.594 1.000 -6.100 15.509 16.118 8804.150 16.118 11.734
8816 14.555 1.000 -6.090 15.542 16.034 8804.220 16.034 11.748
8817 14.661 1.000 -6.140 15.625 16.034 8804.290 16.034 11.761
8818 14.550 1.000 -6.130 15.406 16.103 8805.060 16.103 11.775
8819 14.400 1.000 -6.140 15.376 16.079 8805.130 16.079 11.789
8820 14.201 1.000 -6.270 15.163 16.118 8805.200 16.118 11.803
8821 14.266 1.000 -6.290 15.198 16.103 8805.270 16.103 11.817
8822 14.821 1.000 -6.370 15.992 16.054 8806.030 16.054 11.831
8823 15.151 1.000 -6.420 16.292 16.044 8806.100 16.044 11.846
8824 15.139 1.000 -6.500 16.269 15.990 8806.170 15.990 11.860
8825 15.341 1.000 -6.560 16.467 16.177 8806.240 16.177 11.875
8826 15.356 1.000 -6.500 16.358 16.133 8807.010 16.133 11.890
8827 15.283 1.000 -6.680 16.264 16.034 8807.080 16.034 11.905
8828 15.340 1.000 -6.700 16.397 16.079 8807.150 16.079 11.920
8829 14.956 1.000 -6.810 16.084 15.601 8807.220 15.601 11.935
8830 15.092 1.000 -6.910 16.419 15.370 8807.290 15.370 11.951
8831 15.236 1.000 -6.950 16.378 15.409 8808.050 15.409 11.967
8832 14.814 1.000 -6.980 15.869 15.488 8808.120 15.488 11.983
8833 14.765 1.000 -7.140 15.741 15.434 8808.190 15.434 11.999
8834 14.671 1.000 -7.220 15.719 15.498 8808.260 15.498 12.015
8835 14.869 1.000 -7.270 16.021 15.404 8809.020 15.404 12.032
8836 15.063 1.000 -7.370 16.175 15.453 8809.090 15.453 12.049
8837 15.231 1.000 -7.390 16.418 15.449 8809.160 15.449 12.066
8838 15.233 1.000 -7.420 16.375 15.429 8809.230 15.429 12.083
8839 15.348 1.000 -7.430 16.517 15.581 8809.300 15.581 12.100
8840 15.582 1.000 -7.480 16.903 15.808 8810.070 15.808 12.117
8841 15.476 1.000 -7.470 16.758 15.709 8810.140 15.709 12.135
8842 15.766 1.000 -7.490 17.266 15.965 8810.210 15.965 12.152
8843 15.525 1.000 -7.540 16.966 15.690 8810.280 15.690 12.170
8844 15.426 1.000 -7.550 16.842 15.572 8811.040 15.572 12.187
8845 15.065 1.000 -7.560 16.342 15.202 8811.110 15.202 12.205
8846 14.940 1.000 -7.600 16.266 15.074 8811.180 15.074 12.222
8847 14.942 1.000 -7.680 16.324 14.996 8811.250 14.996 12.240
8848 15.217 1.000 -7.750 16.615 14.991 8812.020 14.991 12.258
8849 15.404 1.000 -7.850 16.946 14.976 8812.090 14.976 12.277
8850 15.362 1.000 -7.950 16.912 14.991 8812.160 14.991 12.295
8851 15.478 1.000 -8.090 17.021 15.010 8812.230 15.010 12.314
8852 15.603 1.000 -8.180 17.023 15.046 8812.300 15.046 12.333
8901 15.772 1.000 -8.390 17.216 15.056 8901.060 15.056 12.352
8902 15.934 1.000 -8.280 17.424 15.193 8901.130 15.193 12.372
8903 16.114 1.000 -8.350 17.605 15.376 8901.200 15.376 12.392
8904 16.449 1.000 -8.380 18.058 15.696 8901.270 15.696 12.412
8905 16.697 1.000 -8.400 18.264 15.960 8902.030 15.960 12.432
8906 16.480 1.000 -8.370 17.971 15.716 8902.100 15.716 12.452
8907 16.742 1.000 -8.440 18.275 15.955 8902.170 15.955 12.472
8908 16.362 1.000 -8.520 17.693 15.579 8902.240 15.579 12.492
8909 16.611 1.000 -8.650 17.955 15.574 8903.030 15.574 12.512
8910 16.746 1.000 -8.750 18.071 15.554 8903.100 15.554 12.533
8911 16.684 1.000 -8.850 18.072 15.569 8903.170 15.569 12.554
8912 16.515 1.000 -8.950 17.854 15.503 8903.240 15.503 12.575
8913 16.850 1.000 -9.040 18.230 15.584 8903.310 15.584 12.597
8914 17.035 1.000 -9.080 18.385 15.589 8904.070 15.589 12.619
8915 17.319 1.000 -9.140 18.659 15.711 8904.140 15.711 12.641
8916 17.650 1.000 -9.190 19.183 15.696 8904.210 15.696 12.663
8917 17.733 1.000 -9.190 19.199 15.752 8904.280 15.752 12.685
8918 17.783 1.000 -9.150 19.087 15.828 8905.050 15.828 12.707
8919 18.054 1.000 -9.150 19.487 15.797 8905.120 15.797 12.730
8920 18.418 1.000 -9.160 19.960 15.818 8905.190 15.818 12.752
8921 18.482 1.000 -9.140 19.995 15.884 8905.260 15.884 12.774
8922 18.783 1.000 -9.110 20.253 16.132 8906.020 16.132 12.797
8923 18.818 1.000 -9.080 20.340 16.153 8906.090 16.153 12.819
8924 18.520 1.000 -8.940 20.021 15.858 8906.160 15.858 12.842
8925 18.811 1.000 -8.890 20.449 16.112 8906.230 16.112 12.864
8926 18.327 1.000 -8.890 19.838 15.599 8906.300 15.599 12.886
8927 18.709 1.000 -8.850 20.284 15.960 8907.070 15.960 12.907
8928 18.996 1.000 -8.750 20.730 16.208 8907.140 16.208 12.929
8929 19.153 1.000 -8.660 20.998 16.335 8907.210 16.335 12.951
8930 19.512 1.000 -8.600 21.402 16.640 8907.280 16.640 12.973
8931 19.639 1.000 -8.470 21.526 16.736 8908.040 16.736 12.994
8932 19.763 1.000 -8.330 21.591 16.868 8908.110 16.868 13.015
8933 19.784 1.000 -8.330 21.686 16.863 8908.180 16.863 13.036
8934 20.029 1.000 -8.340 21.981 17.107 8908.250 17.107 13.057
8935 20.201 1.000 -8.290 22.196 17.274 8909.010 17.274 13.078
8936 20.078 1.000 -8.240 21.897 17.137 8909.080 17.137 13.098
8937 19.838 1.000 -8.270 21.679 16.889 8909.150 16.889 13.119
8938 19.981 1.000 -8.260 21.818 17.016 8909.220 17.016 13.140
8939 20.231 1.000 -8.260 21.963 17.234 8909.290 17.234 13.161
8940 20.809 1.000 -8.280 22.583 17.716 8910.060 17.716 13.182
8941 19.594 1.000 -8.260 21.015 16.584 8910.130 16.584 13.202
8942 20.131 1.000 -8.210 21.880 17.000 8910.200 17.000 13.223
8943 19.366 1.000 -8.140 21.131 16.279 8910.270 16.279 13.244
8944 19.527 1.000 -8.120 21.306 16.406 8911.030 16.406 13.265
8945 19.632 1.000 -8.070 21.414 16.513 8911.100 16.513 13.286
8946 19.754 1.000 -8.010 21.586 16.620 8911.170 16.620 13.306
8947 19.872 1.000 -7.990 21.749 16.701 8911.240 16.701 13.327
8948 20.087 1.000 -7.930 22.184 16.858 8912.010 16.858 13.347
8949 19.939 1.000 -7.940 22.075 16.802 8912.080 16.802 13.367
8950 19.772 1.000 -7.900 22.181 16.609 8912.150 16.609 13.388
8951 19.715 1.000 -7.910 22.023 16.630 8912.220 16.630 13.408
8952 20.063 1.000 -7.870 22.416 16.824 8912.290 16.824 13.428
9001 20.143 1.000 -8.060 22.353 16.844 9001.050 16.844 13.449
9002 19.496 1.000 -7.800 21.588 16.224 9001.120 16.224 13.469
9003 19.409 1.000 -7.740 21.552 16.085 9001.190 16.085 13.489
9004 18.660 1.000 -7.700 20.717 16.100 9001.260 16.100 13.509
9005 18.889 1.000 -7.700 21.056 16.106 9002.020 16.106 13.529
9006 19.127 1.000 -7.660 21.241 16.239 9002.090 16.239 13.549
9007 19.059 1.000 -7.650 21.198 16.177 9002.160 16.177 13.569
9008 18.617 1.000 -7.650 20.665 15.757 9002.230 15.757 13.589
9009 19.187 1.000 -7.650 21.405 16.306 9003.020 16.306 13.609
9010 19.417 1.000 -7.630 21.571 16.496 9003.090 16.496 13.629
9011 19.583 1.000 -7.650 21.839 16.680 9003.160 16.680 13.649
9012 19.362 1.000 -7.670 21.553 16.485 9003.230 16.485 13.669
9013 19.491 1.000 -7.690 21.740 16.567 9003.300 16.567 13.689
9014 19.442 1.000 -7.670 21.765 16.588 9004.060 16.588 13.709
9015 19.710 1.000 -7.690 22.053 16.834 9004.130 16.834 13.730
9016 19.256 1.000 -7.690 21.479 16.968 9004.200 16.968 13.750
9017 18.935 1.000 -7.690 21.109 16.957 9004.270 16.957 13.770
9018 19.451 1.000 -7.670 21.720 16.978 9005.040 16.978 13.790
9019 20.178 1.000 -7.660 22.610 16.983 9005.110 16.983 13.811
9020 20.393 1.000 -7.700 22.795 17.034 9005.180 17.034 13.831
9021 20.539 1.000 -7.680 22.807 17.137 9005.250 17.137 13.851
9022 20.990 1.000 -7.680 23.375 17.527 9006.010 17.527 13.872
9023 20.812 1.000 -7.670 23.105 17.275 9006.080 17.275 13.892
9024 21.054 1.000 -7.650 23.391 17.588 9006.150 17.588 13.913
9025 20.741 1.000 -7.670 22.925 17.291 9006.220 17.291 13.933
9026 20.911 1.000 -7.670 23.108 17.316 9006.290 17.316 13.954
9027 21.050 1.000 -7.680 23.148 17.373 9007.060 17.373 13.974
9028 21.565 1.000 -7.650 23.738 17.891 9007.130 17.891 13.995
9029 21.108 1.000 -7.660 23.384 17.455 9007.200 17.455 14.015
9030 20.569 1.000 -7.590 22.871 17.014 9007.270 17.014 14.036
9031 19.831 1.000 -7.560 22.330 16.778 9008.030 16.778 14.056
9032 19.445 1.000 -7.500 21.741 16.865 9008.100 16.865 14.077
9033 18.965 1.000 -7.500 21.257 16.855 9008.170 16.855 14.097
9034 18.059 1.000 -7.510 20.214 16.932 9008.240 16.932 14.117
9035 18.671 1.000 -7.480 20.946 16.957 9008.310 16.957 14.137
9036 18.682 1.000 -7.470 21.016 16.932 9009.070 16.932 14.158
9037 18.377 1.000 -7.470 20.604 16.988 9009.140 16.988 14.178
9038 17.865 1.000 -7.460 20.260 16.973 9009.210 16.973 14.198
9039 17.546 1.000 -7.470 19.932 16.983 9009.280 16.983 14.219
9040 17.824 1.000 -7.480 20.303 16.968 9010.050 16.968 14.239
9041 17.109 1.000 -7.480 19.571 16.208 9010.120 16.208 14.259
9042 17.624 1.000 -7.440 20.399 16.270 9010.190 16.270 14.280
9043 17.390 1.000 -7.450 19.907 16.408 9010.260 16.408 14.300
9044 17.581 1.000 -7.420 20.389 16.265 9011.020 16.265 14.321
9045 17.752 1.000 -7.380 20.529 16.285 9011.090 16.285 14.341
9046 18.087 1.000 -7.340 20.766 16.337 9011.160 16.337 14.361
9047 17.982 1.000 -7.350 20.649 16.167 9011.230 16.167 14.382
9048 18.419 1.000 -7.270 21.131 16.619 9011.300 16.619 14.402
9049 18.845 1.000 -7.270 21.510 16.911 9012.070 16.911 14.422
9050 18.818 1.000 -7.220 21.464 16.860 9012.140 16.860 14.442
9051 19.068 1.000 -7.170 21.804 17.050 9012.210 17.050 14.462
9052 18.962 1.000 -7.160 21.621 16.936 9012.280 16.936 14.482
9101 18.605 1.000 -7.380 21.127 16.520 9101.040 16.520 14.502
9102 18.348 1.000 -7.090 20.761 16.301 9101.110 16.301 14.522
9103 19.211 1.000 -6.910 21.895 17.226 9101.180 17.226 14.542
9104 19.652 1.000 -6.790 22.162 17.527 9101.250 17.527 14.561
9105 20.246 1.000 -6.760 22.637 18.020 9102.010 18.020 14.580
9106 21.135 1.000 -6.650 23.727 18.841 9102.080 18.841 14.599
9107 21.619 1.000 -6.450 24.382 19.290 9102.150 19.290 14.618
9108 21.573 1.000 -6.350 24.171 19.318 9102.220 19.318 14.636
9109 21.871 1.000 -6.290 24.504 19.553 9103.010 19.553 14.654
9110 22.323 1.000 -6.190 24.814 20.073 9103.080 20.073 14.671
9111 22.034 1.000 -6.150 24.739 19.767 9103.150 19.767 14.689
9112 21.744 1.000 -6.060 24.348 19.531 9103.220 19.531 14.706
9113 22.240 1.000 -6.040 24.875 20.095 9103.290 20.095 14.723
9114 22.518 1.000 -6.020 24.901 20.358 9104.050 20.358 14.740
9115 22.798 1.000 -5.940 25.252 20.604 9104.120 20.604 14.757
9116 22.920 1.000 -5.820 25.521 20.566 9104.190 20.566 14.774
9117 22.608 1.000 -5.790 25.193 20.221 9104.260 20.221 14.791
9118 22.698 1.000 -5.740 25.328 20.259 9105.030 20.259 14.807
9119 22.600 1.000 -5.650 25.008 20.112 9105.100 20.112 14.823
9120 22.245 1.000 -5.580 24.802 19.695 9105.170 19.695 14.839
9121 22.657 1.000 -5.580 25.158 20.188 9105.240 20.188 14.855
9122 23.264 1.000 -5.530 25.997 20.703 9105.310 20.703 14.871
9123 22.781 1.000 -5.510 25.320 20.155 9106.070 20.155 14.887
9124 22.711 1.000 -5.480 25.527 20.046 9106.140 20.046 14.903
9125 22.418 1.000 -5.480 25.241 20.035 9106.210 20.035 14.918
9126 21.978 1.000 -5.480 24.817 20.008 9106.280 20.008 14.934
9127 22.159 1.000 -5.500 25.029 19.969 9107.050 19.969 14.950
9128 22.741 1.000 -5.460 25.457 20.101 9107.120 20.101 14.965
9129 22.987 1.000 -5.470 25.739 20.101 9107.190 20.101 14.981
9130 22.719 1.000 -5.460 25.535 20.106 9107.260 20.106 14.997
9131 23.222 1.000 -5.450 25.970 20.177 9108.020 20.177 15.013
9132 23.283 1.000 -5.440 25.982 20.221 9108.090 20.221 15.028
9133 23.257 1.000 -5.400 25.895 20.254 9108.160 20.254 15.044
9134 23.643 1.000 -5.350 26.488 20.254 9108.230 20.254 15.060
9135 23.806 1.000 -5.310 26.589 20.281 9108.300 20.281 15.075
9136 23.430 1.000 -5.260 26.180 20.035 9109.060 20.035 15.090
9137 23.250 1.000 -5.260 25.825 19.816 9109.130 19.816 15.106
9138 23.647 1.000 -5.210 26.133 20.117 9109.200 20.117 15.121
9139 23.587 1.000 -5.180 26.013 19.997 9109.270 19.997 15.136
9140 23.339 1.000 -5.160 25.715 19.778 9110.040 19.778 15.151
9141 23.220 1.000 -5.080 25.745 19.734 9110.110 19.734 15.166
9142 23.957 1.000 -5.020 26.506 20.413 9110.180 20.413 15.181
9143 23.408 1.000 -5.020 25.962 19.887 9110.250 19.887 15.195
9144 23.963 1.000 -4.970 26.459 20.374 9111.010 20.374 15.210
9145 24.127 1.000 -4.930 26.580 20.489 9111.080 20.489 15.224
9146 23.566 1.000 -4.810 25.902 20.002 9111.150 20.002 15.239
9147 23.235 1.000 -4.780 25.479 19.717 9111.220 19.717 15.253
9148 23.057 1.000 -4.700 25.432 19.657 9111.290 19.657 15.267
9149 23.393 1.000 -4.660 25.711 20.057 9112.060 20.057 15.281
9150 23.708 1.000 -4.630 26.091 20.325 9112.130 20.325 15.294
9151 23.713 1.000 -4.590 26.281 20.347 9112.200 20.347 15.308
9152 25.087 1.000 -4.530 27.616 21.497 9112.270 21.497 15.321
9201 25.830 1.000 -4.510 28.506 22.228 9201.030 22.228 15.335
9202 25.983 1.000 -4.400 28.233 22.303 9201.100 22.303 15.348
9203 26.084 1.000 -4.190 28.504 22.322 9201.170 22.322 15.361
9204 25.953 1.000 -4.050 28.290 22.147 9201.240 22.147 15.373
9205 25.656 1.000 -3.990 27.849 21.816 9201.310 21.816 15.385
9206 25.993 1.000 -3.920 28.021 22.066 9202.070 22.066 15.397
9207 25.951 1.000 -3.850 28.131 22.010 9202.140 22.010 15.409
9208 25.874 1.000 -3.780 28.077 21.860 9202.210 21.860 15.420
9209 26.046 1.000 -3.780 28.177 21.953 9202.280 21.953 15.431
9210 25.488 1.000 -3.750 27.628 21.841 9203.060 21.841 15.442
9211 25.562 1.000 -3.720 27.746 21.860 9203.130 21.860 15.453
9212 25.885 1.000 -3.720 28.128 21.860 9203.200 21.860 15.464
9213 25.358 1.000 -3.730 27.610 21.835 9203.270 21.835 15.475
9214 25.017 1.000 -3.730 27.493 21.816 9204.030 21.816 15.486
9215 25.166 1.000 -3.740 27.698 21.797 9204.100 21.797 15.498
9216 25.600 1.000 -3.660 28.521 21.729 9204.170 21.729 15.509
9217 25.054 1.000 -3.620 28.056 21.616 9204.240 21.616 15.520
9218 25.281 1.000 -3.590 28.314 21.629 9205.010 21.629 15.530
9219 25.579 1.000 -3.550 28.572 21.629 9205.080 21.629 15.541
9220 25.274 1.000 -3.510 28.180 21.248 9205.150 21.248 15.552
9221 25.469 1.000 -3.510 28.467 21.435 9205.220 21.435 15.562
9222 25.605 1.000 -3.470 28.576 21.566 9205.290 21.566 15.573
9223 25.484 1.000 -3.490 28.464 21.472 9206.050 21.472 15.583
9224 25.084 1.000 -3.450 28.225 21.098 9206.120 21.098 15.593
9225 24.549 1.000 -3.440 27.823 20.623 9206.190 20.623 15.604
9226 24.521 1.000 -3.420 27.825 20.554 9206.260 20.554 15.614
9227 25.201 1.000 -3.440 28.416 21.091 9207.030 21.091 15.624
9228 25.525 1.000 -3.350 28.629 21.198 9207.100 21.198 15.635
9229 25.310 1.000 -3.240 28.715 21.204 9207.170 21.204 15.645
9230 25.083 1.000 -3.190 28.455 21.023 9207.240 21.023 15.654
9231 25.813 1.000 -3.140 29.343 21.666 9207.310 21.666 15.664
9232 25.551 1.000 -3.110 28.992 21.385 9208.070 21.385 15.673
9233 25.547 1.000 -3.080 29.080 21.391 9208.140 21.391 15.683
9234 25.253 1.000 -3.050 28.747 21.129 9208.210 21.129 15.692
9235 25.283 1.000 -3.030 28.763 21.148 9208.280 21.148 15.701
9236 25.530 1.000 -3.010 28.935 21.348 9209.040 21.348 15.710
9237 25.711 1.000 -2.960 29.126 21.510 9209.110 21.510 15.719
9238 25.939 1.000 -2.900 29.375 21.697 9209.180 21.697 15.728
9239 25.394 1.000 -2.880 28.797 21.166 9209.250 21.166 15.737
9240 25.217 1.000 -2.870 28.542 20.985 9210.020 20.985 15.746
9241 24.919 1.000 -2.830 28.014 20.698 9210.090 20.698 15.754
9242 25.416 1.000 -2.770 28.660 21.166 9210.160 21.166 15.763
9243 25.720 1.000 -2.790 28.840 21.466 9210.230 21.466 15.771
9244 25.987 1.000 -2.740 29.174 21.672 9210.300 21.672 15.780
9245 26.234 1.000 -2.750 29.112 21.791 9211.060 21.791 15.788
9246 26.714 1.000 -2.740 29.466 22.159 9211.130 22.159 15.796
9247 26.898 1.000 -2.740 29.775 22.353 9211.200 22.353 15.805
9248 27.181 1.000 -2.740 30.035 22.547 9211.270 22.547 15.813
9249 27.345 1.000 -2.770 30.183 22.697 9212.040 22.697 15.821
9250 27.326 1.000 -2.790 30.315 22.672 9212.110 22.672 15.830
9251 27.652 1.000 -2.800 30.857 22.959 9212.180 22.959 15.838
9252 27.612 1.000 -2.830 30.767 22.903 9212.250 22.903 15.847
9253 27.716 1.000 -2.860 30.498 22.936 9301.010 22.936 15.855
9301 27.457 1.000 -2.920 30.048 22.622 9301.080 22.622 15.864
9302 28.100 1.000 -2.830 30.632 23.144 9301.150 23.144 15.873
9303 28.189 1.000 -2.770 30.575 23.164 9301.220 23.164 15.881
9304 28.106 1.000 -2.770 30.778 23.090 9301.290 23.090 15.890
9305 28.692 1.000 -2.740 31.507 23.505 9302.050 23.505 15.898
9306 28.299 1.000 -2.730 31.218 23.130 9302.120 23.130 15.907
9307 27.491 1.000 -2.710 30.506 22.348 9302.190 22.348 15.915
9308 27.920 1.000 -2.690 31.166 22.669 9302.260 22.669 15.923
9309 28.325 1.000 -2.710 31.374 22.963 9303.050 22.963 15.931
9310 28.660 1.000 -2.670 31.652 23.271 9303.120 23.271 15.940
9311 28.555 1.000 -2.660 31.693 23.090 9303.190 23.090 15.948
9312 28.472 1.000 -2.650 31.541 23.057 9303.260 23.057 15.956
9313 28.018 1.000 -2.660 31.107 22.695 9304.020 22.695 15.964
9314 28.132 1.000 -2.670 31.156 22.675 9304.090 22.675 15.972
9315 28.461 1.000 -2.640 31.675 22.869 9304.160 22.869 15.980
9316 28.033 1.000 -2.630 30.852 22.414 9304.230 22.414 15.989
9317 28.189 1.000 -2.610 31.093 22.555 9304.300 22.555 15.997
9318 28.590 1.000 -2.620 31.261 22.943 9305.070 22.943 16.005
9319 28.467 1.000 -2.590 31.084 22.829 9305.140 22.829 16.013
9320 29.006 1.000 -2.600 31.546 23.284 9305.210 23.284 16.021
9321 29.316 1.000 -2.590 31.872 23.485 9305.280 23.485 16.029
9322 29.443 1.000 -2.620 31.880 23.478 9306.040 23.478 16.037
9323 29.088 1.000 -2.620 31.700 23.210 9306.110 23.210 16.045
9324 28.940 1.000 -2.620 31.464 23.043 9306.180 23.043 16.053
9325 29.181 1.000 -2.620 31.760 23.264 9306.250 23.264 16.061
9326 29.324 1.000 -2.630 31.653 23.411 9307.020 23.411 16.069
9327 29.375 1.000 -2.630 31.833 23.438 9307.090 23.438 16.077
9328 29.300 1.000 -2.640 31.681 23.331 9307.160 23.331 16.085
9329 29.325 1.000 -2.630 31.795 23.351 9307.230 23.351 16.093
9330 29.553 1.000 -2.650 31.886 23.465 9307.300 23.465 16.101
9331 29.864 1.000 -2.650 31.942 23.766 9308.060 23.766 16.109
9332 30.000 1.000 -2.640 32.064 23.792 9308.130 23.792 16.118
9333 30.480 1.000 -2.640 32.510 24.080 9308.200 24.080 16.126
9334 30.662 1.000 -2.640 32.840 24.254 9308.270 24.254 16.134
9335 30.826 1.000 -2.640 32.914 24.434 9309.030 24.434 16.142
9336 30.717 1.000 -2.640 32.959 24.374 9309.100 24.374 16.150
9337 30.535 1.000 -2.640 32.770 24.200 9309.170 24.200 16.158
9338 30.880 1.000 -2.650 32.702 24.575 9309.240 24.575 16.167
9339 31.179 1.000 -2.650 32.981 24.816 9310.010 24.816 16.175
9340 31.184 1.000 -2.680 32.928 24.782 9310.080 24.782 16.183
9341 31.813 1.000 -2.640 33.603 25.277 9310.150 25.277 16.191
9342 31.355 1.000 -2.650 33.174 24.863 9310.220 24.863 16.200
9343 31.520 1.000 -2.640 33.517 25.036 9310.290 25.036 16.208
9344 30.970 1.000 -2.660 32.943 24.515 9311.050 24.515 16.216
9345 31.438 1.000 -2.650 33.377 24.990 9311.120 24.990 16.224
9346 30.830 1.000 -2.670 33.194 24.374 9311.190 24.374 16.233
9347 30.866 1.000 -2.670 33.244 24.441 9311.260 24.441 16.241
9348 31.230 1.000 -2.690 33.392 24.802 9312.030 24.802 16.249
9349 31.196 1.000 -2.690 33.340 24.689 9312.100 24.689 16.258
9350 31.209 1.000 -2.690 33.534 24.622 9312.170 24.622 16.266
9351 31.305 1.000 -2.710 33.623 24.602 9312.240 24.602 16.274
9352 31.648 1.000 -2.720 33.573 24.769 9312.310 24.769 16.283
9401 31.832 1.000 -2.750 33.839 24.727 9401.070 24.727 16.291
9402 32.161 1.000 -2.710 34.217 24.790 9401.140 24.790 16.300
9403 32.164 1.000 -2.690 34.221 24.797 9401.210 24.797 16.308
9404 32.398 1.000 -2.680 34.525 24.762 9401.280 24.762 16.317
9405 31.957 1.000 -2.680 33.901 24.846 9402.040 24.846 16.325
9406 32.076 1.000 -2.710 33.945 24.846 9402.110 24.846 16.334
9407 32.104 1.000 -2.750 33.783 24.909 9402.180 24.909 16.342
9408 31.909 1.000 -2.770 33.683 24.888 9402.250 24.888 16.351
9409 32.004 1.000 -2.790 33.605 24.951 9403.040 24.951 16.359
9410 32.160 1.000 -2.810 33.745 24.951 9403.110 24.951 16.368
9411 32.614 1.000 -2.830 34.097 25.007 9403.180 25.007 16.377
9412 31.854 1.000 -2.860 33.356 24.972 9403.250 24.972 16.386
9413 30.546 1.000 -2.930 32.301 24.902 9404.010 24.902 16.395
9414 31.005 1.000 -2.970 32.416 24.965 9404.080 24.965 16.404
9415 30.578 1.000 -3.000 32.369 24.888 9404.150 24.888 16.413
9416 30.404 1.000 -3.040 32.493 24.783 9404.220 24.783 16.423
9417 30.886 1.000 -3.130 32.750 24.853 9404.290 24.853 16.432
9418 30.690 1.000 -3.150 32.544 24.881 9405.060 24.881 16.442
9419 30.211 1.000 -3.240 32.296 24.776 9405.130 24.776 16.452
9420 30.874 1.000 -3.310 33.099 24.748 9405.200 24.748 16.462
9421 31.039 1.000 -3.470 33.293 24.748 9405.270 24.748 16.473
9422 31.233 1.000 -3.510 33.516 24.741 9406.030 24.741 16.484
9423 30.979 1.000 -3.570 33.429 24.713 9406.100 24.713 16.495
9424 30.969 1.000 -3.590 33.432 24.727 9406.170 24.727 16.506
9425 29.760 1.000 -3.630 32.310 24.734 9406.240 24.734 16.518
9426 30.100 1.000 -3.640 32.577 24.727 9407.010 24.727 16.529
9427 30.324 1.000 -3.700 32.840 24.727 9407.080 24.727 16.541
9428 30.712 1.000 -3.750 33.195 24.748 9407.150 24.748 16.552
9429 30.513 1.000 -3.780 33.137 24.720 9407.220 24.720 16.564
9430 30.824 1.000 -3.800 33.532 24.706 9407.290 24.706 16.576
9431 30.747 1.000 -3.830 33.465 24.720 9408.050 24.720 16.588
9432 31.137 1.000 -3.850 33.839 24.727 9408.120 24.727 16.601
9433 31.360 1.000 -3.880 33.985 24.790 9408.190 24.790 16.613
9434 32.053 1.000 -4.030 34.745 24.783 9408.260 24.783 16.625
9435 31.894 1.000 -4.080 34.558 24.804 9409.020 24.804 16.638
9436 31.826 1.000 -4.120 34.370 24.846 9409.090 24.846 16.651
9437 32.087 1.000 -4.140 34.610 24.867 9409.160 24.867 16.664
9438 31.302 1.000 -4.170 33.782 24.874 9409.230 24.874 16.677
9439 31.441 1.000 -4.200 34.023 24.888 9409.300 24.888 16.691
9440 30.916 1.000 -4.260 33.483 24.874 9410.070 24.874 16.704
9441 31.708 1.000 -4.290 34.532 24.839 9410.140 24.839 16.718
9442 31.573 1.000 -4.310 34.241 24.888 9410.210 24.888 16.732
9443 32.094 1.000 -4.350 34.914 24.860 9410.280 24.860 16.745
9444 31.474 1.000 -4.400 34.086 24.937 9411.040 24.937 16.759
9445 31.441 1.000 -4.410 34.111 24.916 9411.110 24.916 16.774
9446 31.408 1.000 -4.500 34.065 24.916 9411.180 24.916 16.788
9447 30.625 1.000 -4.770 33.406 24.888 9411.250 24.888 16.802
9448 30.672 1.000 -4.840 33.499 24.895 9412.020 24.895 16.818
9449 29.936 1.000 -4.910 33.050 24.866 9412.090 24.866 16.833
9450 30.669 1.000 -4.970 33.944 24.874 9412.160 24.874 16.849
9451 30.933 1.000 -5.040 34.040 24.907 9412.230 24.907 16.865
9452 31.090 1.000 -5.120 34.017 24.980 9412.300 24.980 16.881
9501 31.009 1.000 -5.180 34.140 24.948 9501.060 24.948 16.898
9502 31.406 1.000 -5.180 34.550 24.956 9501.130 24.956 16.915
9503 31.259 1.000 -5.160 34.479 24.972 9501.200 24.972 16.932
9504 31.288 1.000 -5.170 34.913 24.923 9501.270 24.923 16.948
9505 31.876 1.000 -5.230 35.544 24.923 9502.030 24.923 16.965
9506 32.232 1.000 -5.370 35.771 25.070 9502.100 25.070 16.982
9507 32.131 1.000 -5.430 35.827 25.021 9502.170 25.021 17.000
9508 32.362 1.000 -5.480 36.301 25.201 9502.240 25.201 17.017
9509 32.468 1.000 -5.490 36.119 25.267 9503.030 25.267 17.035
9510 32.537 1.000 -5.490 36.446 25.324 9503.100 25.324 17.053
9511 32.909 1.000 -5.500 36.907 25.619 9503.170 25.619 17.071
9512 33.343 1.000 -5.520 37.331 25.954 9503.240 25.954 17.089
9513 33.337 1.000 -5.530 37.330 25.970 9503.310 25.970 17.107
9514 33.475 1.000 -5.580 37.776 25.970 9504.070 25.970 17.125
9515 34.049 1.000 -5.530 38.006 26.306 9504.140 26.306 17.144
9516 33.680 1.000 -5.540 37.972 25.987 9504.210 25.987 17.162
9517 34.281 1.000 -5.510 38.457 26.437 9504.280 26.437 17.180
9518 34.502 1.000 -5.530 38.882 26.486 9505.050 26.486 17.198
9519 35.079 1.000 -5.510 39.308 26.960 9505.120 26.960 17.216
9520 34.908 1.000 -5.520 38.853 26.862 9505.190 26.862 17.235
9521 35.213 1.000 -5.510 39.208 27.075 9505.260 27.075 17.253
9522 35.619 1.000 -5.510 39.892 27.353 9506.020 27.353 17.271
9523 35.690 1.000 -5.500 39.570 27.443 9506.090 27.443 17.289
9524 36.383 1.000 -5.490 40.482 28.106 9506.160 28.106 17.308
9525 37.313 1.000 -5.490 41.244 28.826 9506.230 28.826 17.326
9526 36.903 1.000 -5.460 40.893 28.515 9506.300 28.515 17.344
9527 38.051 1.000 -5.470 41.786 29.440 9507.070 29.440 17.362
9528 38.539 1.000 -5.420 42.071 29.873 9507.140 29.873 17.380
9529 37.633 1.000 -5.340 41.621 29.219 9507.210 29.219 17.399
9530 38.744 1.000 -5.320 42.341 30.258 9507.280 30.258 17.416
9531 38.319 1.000 -5.310 42.062 29.832 9508.040 29.832 17.434
9532 38.414 1.000 -5.290 41.795 29.939 9508.110 29.939 17.452
9533 39.233 1.000 -5.270 42.124 30.601 9508.180 30.601 17.470
9534 38.972 1.000 -5.270 42.212 30.430 9508.250 30.430 17.487
9535 39.182 1.000 -5.250 42.515 30.511 9509.010 30.511 17.505
9536 40.244 1.000 -5.250 43.202 31.502 9509.080 31.502 17.523
9537 40.354 1.000 -5.240 44.028 31.444 9509.150 31.444 17.540
9538 40.256 1.000 -5.250 43.927 31.428 9509.220 31.428 17.558
9539 40.257 1.000 -5.210 44.150 31.338 9509.290 31.338 17.575
9540 39.754 1.000 -5.290 44.026 30.675 9510.060 30.675 17.593
9541 40.053 1.000 -5.200 44.199 30.871 9510.130 30.871 17.611
9542 40.047 1.000 -5.210 44.444 30.912 9510.200 30.912 17.628
9543 39.507 1.000 -5.200 43.878 30.479 9510.270 30.479 17.646
Comparison of change
Rightime Fund in value of $10,000
Lipper Growth Fund Index investment in the
Money Market Fund Index Rightime Fund, Lipper
Growth Fund Index.
and Money Market
Fund Index
</TABLE>
Risk-adjusted Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lppr_mmf_5050.ref rtmmyld.w rightime.temp.f0 rightime.temp.f0
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 8537 9.966 1.000 -9.190 9.928 9.956 8509.130 9.956 10.000
mx 9543 27.218 1.000 -2.590 44.444 31.502 9510.270 31.502 17.646
cl 9543 27.014 1.000 -5.200 43.878 30.479 9510.270 30.479 17.646
xb 529 17.710 1.000 -5.611 24.016 19.015 9032.416 19.015 13.917
sd 4.540 0.000 1.864 8.368 4.834 294.274 4.834 2.303
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime.temp.f0 -> 3.044 0.551 0.502 11.601 -0.162 10.806
lppr_mmf_5050.ref -> 3.007 0.453 0.905 10.282 0.013 6.621
defensive -> 5.741 0.001 0.002 5.753 1.387 0.258
- --------------------------------------------------------------------------------
8537 10.000 1.000 -7.050 10.000 10.000 8509.130 10.000 10.000
8538 9.994 1.000 -7.120 9.961 10.000 8509.200 10.000 10.014
8539 9.966 1.000 -7.180 9.928 10.008 8509.270 10.008 10.027
8540 9.996 1.000 -7.110 10.042 9.956 8510.040 9.956 10.041
8541 10.046 1.000 -7.090 10.109 10.024 8510.110 10.024 10.055
8542 10.138 1.000 -7.140 10.269 10.216 8510.180 10.216 10.068
8543 10.137 1.000 -7.160 10.303 10.232 8510.250 10.232 10.082
8544 10.248 1.000 -7.170 10.532 10.436 8511.010 10.436 10.096
8545 10.346 1.000 -7.200 10.661 10.636 8511.080 10.636 10.110
8546 10.463 1.000 -7.190 10.911 10.848 8511.150 10.848 10.124
8547 10.557 1.000 -7.260 11.108 11.016 8511.220 11.016 10.138
8548 10.596 1.000 -7.210 11.152 11.076 8511.290 11.076 10.152
8549 10.629 1.000 -7.220 11.206 11.100 8512.060 11.100 10.166
8550 10.821 1.000 -7.250 11.598 11.540 8512.130 11.540 10.180
8551 10.809 1.000 -7.250 11.662 11.504 8512.200 11.504 10.194
8552 10.810 1.000 -7.210 11.597 11.472 8512.270 11.472 10.208
8601 10.846 1.000 -7.220 11.676 11.543 8601.030 11.543 10.222
8602 10.767 1.000 -7.210 11.412 11.354 8601.100 11.354 10.237
8603 10.836 1.000 -7.090 11.558 11.563 8601.170 11.563 10.251
8604 10.854 1.000 -7.160 11.456 11.498 8601.240 11.498 10.265
8605 10.987 1.000 -7.150 11.761 11.764 8601.310 11.764 10.279
8606 11.097 1.000 -7.150 11.925 12.010 8602.070 12.010 10.293
8607 11.225 1.000 -7.090 12.222 12.304 8602.140 12.304 10.307
8608 11.359 1.000 -7.120 12.501 12.546 8602.210 12.546 10.321
8609 11.433 1.000 -7.090 12.638 12.699 8602.280 12.699 10.335
8610 11.461 1.000 -7.110 12.572 12.731 8603.070 12.731 10.349
8611 11.663 1.000 -7.060 13.193 13.202 8603.140 13.202 10.363
8612 11.650 1.000 -6.930 13.022 13.138 8603.210 13.138 10.377
8613 11.751 1.000 -6.850 13.345 13.315 8603.280 13.315 10.391
8614 11.594 1.000 -6.880 12.780 12.965 8604.040 12.965 10.405
8615 11.759 1.000 -6.760 13.196 13.332 8604.110 13.332 10.418
8616 11.918 1.000 -6.680 13.564 13.723 8604.180 13.723 10.432
8617 11.906 1.000 -6.500 13.567 13.650 8604.250 13.650 10.445
8618 11.766 1.000 -6.380 13.156 13.287 8605.020 13.287 10.458
8619 11.856 1.000 -6.300 13.337 13.481 8605.090 13.481 10.471
8620 11.779 1.000 -6.250 13.060 13.267 8605.160 13.267 10.484
8621 11.954 1.000 -6.190 13.551 13.654 8605.230 13.654 10.496
8622 12.066 1.000 -6.190 13.897 13.941 8605.300 13.941 10.509
8623 12.043 1.000 -6.150 13.812 13.904 8606.060 13.904 10.521
8624 12.042 1.000 -6.170 13.824 13.912 8606.130 13.912 10.534
8625 12.085 1.000 -6.190 13.937 13.824 8606.200 13.824 10.546
8626 12.140 1.000 -6.170 14.060 14.074 8606.270 14.074 10.559
8627 12.225 1.000 -6.190 14.192 14.312 8607.040 14.312 10.571
8628 12.007 1.000 -6.150 13.662 13.570 8607.110 13.570 10.584
8629 11.886 1.000 -6.090 13.340 13.231 8607.180 13.231 10.596
8630 11.942 1.000 -5.990 13.567 13.303 8607.250 13.303 10.609
8631 11.822 1.000 -5.890 13.276 12.965 8608.010 12.965 10.621
8632 11.815 1.000 -5.860 13.396 12.856 8608.080 12.856 10.633
8633 12.077 1.000 -5.820 13.986 13.477 8608.150 13.477 10.645
8634 12.120 1.000 -5.760 14.167 13.505 8608.220 13.505 10.657
8635 12.164 1.000 -5.670 14.331 13.549 8608.290 13.549 10.668
8636 12.136 1.000 -5.530 14.201 13.307 8609.050 13.307 10.680
8637 11.700 1.000 -5.380 13.087 12.267 8609.120 12.267 10.691
8638 11.751 1.000 -5.340 13.183 12.351 8609.190 12.351 10.702
8639 11.784 1.000 -5.300 13.193 12.392 8609.260 12.392 10.713
8640 11.833 1.000 -5.300 13.286 12.501 8610.030 12.501 10.724
8641 11.884 1.000 -5.260 13.396 12.610 8610.100 12.610 10.735
8642 11.943 1.000 -5.210 13.596 12.739 8610.170 12.739 10.746
8643 11.953 1.000 -5.190 13.572 12.743 8610.240 12.743 10.757
8644 12.067 1.000 -5.200 13.907 12.928 8610.310 12.928 10.767
8645 12.114 1.000 -5.200 14.018 12.997 8611.070 12.997 10.778
8646 12.084 1.000 -5.170 13.955 12.904 8611.140 12.904 10.789
8647 12.075 1.000 -5.210 14.047 12.920 8611.210 12.920 10.800
8648 12.170 1.000 -5.250 14.242 13.086 8611.280 13.086 10.810
8649 12.219 1.000 -5.220 14.363 13.186 8612.050 13.186 10.821
8650 12.122 1.000 -5.260 14.153 13.006 8612.120 13.006 10.832
8651 12.162 1.000 -5.250 14.298 13.058 8612.190 13.058 10.843
8652 12.132 1.000 -5.390 14.147 12.964 8612.260 12.964 10.854
8701 12.151 1.000 -5.480 14.129 12.968 8701.020 12.968 10.865
8702 12.452 1.000 -5.470 14.842 13.599 8701.090 13.599 10.877
8703 12.599 1.000 -5.460 15.285 13.908 8701.160 13.908 10.888
8704 12.698 1.000 -5.420 15.513 14.075 8701.230 14.075 10.899
8705 12.743 1.000 -5.340 15.751 14.243 8701.300 14.243 10.911
8706 12.944 1.000 -5.310 16.103 14.560 8702.060 14.560 10.922
8707 12.990 1.000 -5.280 16.093 14.569 8702.130 14.569 10.933
8708 13.114 1.000 -5.340 16.435 14.878 8702.200 14.878 10.944
8709 13.145 1.000 -5.360 16.370 14.839 8702.270 14.839 10.955
8710 13.266 1.000 -5.340 16.752 15.114 8703.060 15.114 10.967
8711 13.259 1.000 -5.350 16.717 15.045 8703.130 15.045 10.978
8712 13.396 1.000 -5.390 17.203 15.312 8703.200 15.312 10.989
8713 13.359 1.000 -5.390 17.095 15.234 8703.270 15.234 11.000
8714 13.405 1.000 -5.440 17.352 14.741 8704.030 14.741 11.012
8715 13.288 1.000 -5.440 16.905 14.891 8704.100 14.891 11.023
8716 13.148 1.000 -5.450 16.592 14.831 8704.170 14.831 11.035
8717 13.125 1.000 -5.520 16.291 14.972 8704.240 14.972 11.046
8718 13.181 1.000 -5.510 16.678 14.917 8705.010 14.917 11.058
8719 13.278 1.000 -5.620 16.997 14.925 8705.080 14.925 11.070
8720 13.173 1.000 -5.750 16.663 14.964 8705.150 14.964 11.082
8721 13.066 1.000 -5.780 16.367 14.904 8705.220 14.904 11.094
8722 13.250 1.000 -5.880 16.838 14.895 8705.290 14.895 11.106
8723 13.322 1.000 -5.930 17.043 14.865 8706.050 14.865 11.119
8724 13.484 1.000 -5.970 17.527 14.818 8706.120 14.818 11.131
8725 13.575 1.000 -6.010 17.848 14.792 8706.190 14.792 11.144
8726 13.579 1.000 -6.040 17.869 14.758 8706.260 14.758 11.157
8727 13.561 1.000 -6.040 17.790 14.796 8707.030 14.796 11.170
8728 13.623 1.000 -6.060 17.960 14.796 8707.100 14.796 11.183
8729 13.766 1.000 -6.050 18.332 14.844 8707.170 14.844 11.196
8730 13.688 1.000 -6.010 18.032 14.844 8707.240 14.844 11.209
8731 13.857 1.000 -5.950 18.590 14.869 8707.310 14.869 11.222
8732 13.960 1.000 -5.990 18.853 14.878 8708.070 14.878 11.234
8733 14.144 1.000 -6.000 19.504 14.917 8708.140 14.917 11.247
8734 14.188 1.000 -6.000 19.626 14.925 8708.210 14.925 11.260
8735 14.082 1.000 -5.990 19.118 14.930 8708.280 14.930 11.273
8736 13.907 1.000 -6.030 18.524 14.968 8709.040 14.968 11.286
8737 13.987 1.000 -6.040 18.843 14.994 8709.110 14.994 11.299
8738 13.903 1.000 -6.040 18.436 14.981 8709.180 14.981 11.312
8739 13.951 1.000 -6.250 18.757 14.968 8709.250 14.968 11.325
8740 14.107 1.000 -6.340 19.229 15.024 8710.020 15.024 11.339
8741 13.823 1.000 -6.450 18.242 15.050 8710.090 15.050 11.353
8742 13.311 1.000 -6.560 16.588 15.071 8710.160 15.071 11.367
8743 12.342 1.000 -6.700 14.574 14.887 8710.230 14.887 11.381
8744 12.423 1.000 -6.530 14.793 14.741 8710.300 14.741 11.396
8745 12.411 1.000 -6.470 14.721 14.685 8711.060 14.685 11.410
8746 12.326 1.000 -6.490 14.450 14.719 8711.130 14.719 11.424
8747 12.209 1.000 -6.470 14.245 14.410 8711.200 14.410 11.438
8748 12.260 1.000 -6.430 14.156 14.543 8711.270 14.543 11.453
8749 11.867 1.000 -6.420 13.199 13.904 8712.040 13.904 11.467
8750 12.142 1.000 -6.460 13.880 14.457 8712.110 14.457 11.481
8751 12.547 1.000 -6.510 14.706 15.251 8712.180 15.251 11.495
8752 12.659 1.000 -6.610 14.884 15.552 8712.250 15.552 11.509
8753 12.588 1.000 -6.690 14.601 15.247 8801.010 15.247 11.524
8801 12.577 1.000 -6.800 14.394 15.005 8801.080 15.005 11.539
8802 12.700 1.000 -6.570 14.916 15.276 8801.150 15.276 11.554
8803 12.633 1.000 -6.480 14.598 14.937 8801.220 14.937 11.568
8804 12.823 1.000 -6.390 15.234 15.360 8801.290 15.360 11.583
8805 12.787 1.000 -6.330 14.882 15.089 8802.050 15.089 11.597
8806 12.945 1.000 -6.230 15.288 15.503 8802.120 15.503 11.611
8807 13.036 1.000 -6.140 15.534 15.734 8802.190 15.734 11.625
8808 13.118 1.000 -6.160 15.595 15.862 8802.260 15.862 11.639
8809 13.265 1.000 -6.100 15.893 16.207 8803.040 16.207 11.652
8810 13.268 1.000 -6.050 15.763 16.118 8803.110 16.118 11.666
8811 13.386 1.000 -6.060 16.141 16.379 8803.180 16.379 11.680
8812 13.181 1.000 -6.040 15.400 15.759 8803.250 15.759 11.693
8813 13.131 1.000 -6.040 15.433 15.729 8804.010 15.729 11.707
8814 13.394 1.000 -6.050 16.073 16.044 8804.080 16.044 11.720
8815 13.226 1.000 -6.100 15.509 16.118 8804.150 16.118 11.734
8816 13.216 1.000 -6.090 15.542 16.034 8804.220 16.034 11.748
8817 13.272 1.000 -6.140 15.625 16.034 8804.290 16.034 11.761
8818 13.229 1.000 -6.130 15.406 16.103 8805.060 16.103 11.775
8819 13.169 1.000 -6.140 15.376 16.079 8805.130 16.079 11.789
8820 13.086 1.000 -6.270 15.163 16.118 8805.200 16.118 11.803
8821 13.124 1.000 -6.290 15.198 16.103 8805.270 16.103 11.817
8822 13.387 1.000 -6.370 15.992 16.054 8806.030 16.054 11.831
8823 13.544 1.000 -6.420 16.292 16.044 8806.100 16.044 11.846
8824 13.547 1.000 -6.500 16.269 15.990 8806.170 15.990 11.860
8825 13.646 1.000 -6.560 16.467 16.177 8806.240 16.177 11.875
8826 13.661 1.000 -6.500 16.358 16.133 8807.010 16.133 11.890
8827 13.637 1.000 -6.680 16.264 16.034 8807.080 16.034 11.905
8828 13.671 1.000 -6.700 16.397 16.079 8807.150 16.079 11.920
8829 13.509 1.000 -6.810 16.084 15.601 8807.220 15.601 11.935
8830 13.579 1.000 -6.910 16.419 15.370 8807.290 15.370 11.951
8831 13.653 1.000 -6.950 16.378 15.409 8808.050 15.409 11.967
8832 13.473 1.000 -6.980 15.869 15.488 8808.120 15.488 11.983
8833 13.460 1.000 -7.140 15.741 15.434 8808.190 15.434 11.999
8834 13.426 1.000 -7.220 15.719 15.498 8808.260 15.498 12.015
8835 13.526 1.000 -7.270 16.021 15.404 8809.020 15.404 12.032
8836 13.624 1.000 -7.370 16.175 15.453 8809.090 15.453 12.049
8837 13.709 1.000 -7.390 16.418 15.449 8809.160 15.449 12.066
8838 13.720 1.000 -7.420 16.375 15.429 8809.230 15.429 12.083
8839 13.781 1.000 -7.430 16.517 15.581 8809.300 15.581 12.100
8840 13.896 1.000 -7.480 16.903 15.808 8810.070 15.808 12.117
8841 13.859 1.000 -7.470 16.758 15.709 8810.140 15.709 12.135
8842 13.999 1.000 -7.490 17.266 15.965 8810.210 15.965 12.152
8843 13.902 1.000 -7.540 16.966 15.690 8810.280 15.690 12.170
8844 13.868 1.000 -7.550 16.842 15.572 8811.040 15.572 12.187
8845 13.715 1.000 -7.560 16.342 15.202 8811.110 15.202 12.205
8846 13.668 1.000 -7.600 16.266 15.074 8811.180 15.074 12.222
8847 13.679 1.000 -7.680 16.324 14.996 8811.250 14.996 12.240
8848 13.815 1.000 -7.750 16.615 14.991 8812.020 14.991 12.258
8849 13.910 1.000 -7.850 16.946 14.976 8812.090 14.976 12.277
8850 13.902 1.000 -7.950 16.912 14.991 8812.160 14.991 12.295
8851 13.965 1.000 -8.090 17.021 15.010 8812.230 15.010 12.314
8852 14.032 1.000 -8.180 17.023 15.046 8812.300 15.046 12.333
8901 14.119 1.000 -8.390 17.216 15.056 8901.060 15.056 12.352
8902 14.203 1.000 -8.280 17.424 15.193 8901.130 15.193 12.372
8903 14.295 1.000 -8.350 17.605 15.376 8901.200 15.376 12.392
8904 14.454 1.000 -8.380 18.058 15.696 8901.270 15.696 12.412
8905 14.575 1.000 -8.400 18.264 15.960 8902.030 15.960 12.432
8906 14.492 1.000 -8.370 17.971 15.716 8902.100 15.716 12.452
8907 14.619 1.000 -8.440 18.275 15.955 8902.170 15.955 12.472
8908 14.465 1.000 -8.520 17.693 15.579 8902.240 15.579 12.492
8909 14.587 1.000 -8.650 17.955 15.574 8903.030 15.574 12.512
8910 14.658 1.000 -8.750 18.071 15.554 8903.100 15.554 12.533
8911 14.643 1.000 -8.850 18.072 15.569 8903.170 15.569 12.554
8912 14.582 1.000 -8.950 17.854 15.503 8903.240 15.503 12.575
8913 14.742 1.000 -9.040 18.230 15.584 8903.310 15.584 12.597
8914 14.836 1.000 -9.080 18.385 15.589 8904.070 15.589 12.619
8915 14.972 1.000 -9.140 18.659 15.711 8904.140 15.711 12.641
8916 15.128 1.000 -9.190 19.183 15.696 8904.210 15.696 12.663
8917 15.177 1.000 -9.190 19.199 15.752 8904.280 15.752 12.685
8918 15.212 1.000 -9.150 19.087 15.828 8905.050 15.828 12.707
8919 15.342 1.000 -9.150 19.487 15.797 8905.120 15.797 12.730
8920 15.510 1.000 -9.160 19.960 15.818 8905.190 15.818 12.752
8921 15.550 1.000 -9.140 19.995 15.884 8905.260 15.884 12.774
8922 15.690 1.000 -9.110 20.253 16.132 8906.020 16.132 12.797
8923 15.719 1.000 -9.080 20.340 16.153 8906.090 16.153 12.819
8924 15.608 1.000 -8.940 20.021 15.858 8906.160 15.858 12.842
8925 15.744 1.000 -8.890 20.449 16.112 8906.230 16.112 12.864
8926 15.555 1.000 -8.890 19.838 15.599 8906.300 15.599 12.886
8927 15.730 1.000 -8.850 20.284 15.960 8907.070 15.960 12.907
8928 15.864 1.000 -8.750 20.730 16.208 8907.140 16.208 12.929
8929 15.943 1.000 -8.660 20.998 16.335 8907.210 16.335 12.951
8930 16.106 1.000 -8.600 21.402 16.640 8907.280 16.640 12.973
8931 16.171 1.000 -8.470 21.526 16.736 8908.040 16.736 12.994
8932 16.235 1.000 -8.330 21.591 16.868 8908.110 16.868 13.015
8933 16.257 1.000 -8.330 21.686 16.863 8908.180 16.863 13.036
8934 16.371 1.000 -8.340 21.981 17.107 8908.250 17.107 13.057
8935 16.454 1.000 -8.290 22.196 17.274 8909.010 17.274 13.078
8936 16.417 1.000 -8.240 21.897 17.137 8909.080 17.137 13.098
8937 16.332 1.000 -8.270 21.679 16.889 8909.150 16.889 13.119
8938 16.404 1.000 -8.260 21.818 17.016 8909.220 17.016 13.140
8939 16.520 1.000 -8.260 21.963 17.234 8909.290 17.234 13.161
8940 16.769 1.000 -8.280 22.583 17.716 8910.060 17.716 13.182
8941 16.292 1.000 -8.260 21.015 16.584 8910.130 16.584 13.202
8942 16.528 1.000 -8.210 21.880 17.000 8910.200 17.000 13.223
8943 16.228 1.000 -8.140 21.131 16.279 8910.270 16.279 13.244
8944 16.308 1.000 -8.120 21.306 16.406 8911.030 16.406 13.265
8945 16.364 1.000 -8.070 21.414 16.513 8911.100 16.513 13.286
8946 16.427 1.000 -8.010 21.586 16.620 8911.170 16.620 13.306
8947 16.489 1.000 -7.990 21.749 16.701 8911.240 16.701 13.327
8948 16.591 1.000 -7.930 22.184 16.858 8912.010 16.858 13.347
8949 16.543 1.000 -7.940 22.075 16.802 8912.080 16.802 13.367
8950 16.486 1.000 -7.900 22.181 16.609 8912.150 16.609 13.388
8951 16.474 1.000 -7.910 22.023 16.630 8912.220 16.630 13.408
8952 16.632 1.000 -7.870 22.416 16.824 8912.290 16.824 13.428
9001 16.678 1.000 -8.060 22.353 16.844 9001.050 16.844 13.449
9002 16.423 1.000 -7.800 21.588 16.224 9001.120 16.224 13.469
9003 16.399 1.000 -7.740 21.552 16.085 9001.190 16.085 13.489
9004 16.095 1.000 -7.700 20.717 16.100 9001.260 16.100 13.509
9005 16.205 1.000 -7.700 21.056 16.106 9002.020 16.106 13.529
9006 16.319 1.000 -7.660 21.241 16.239 9002.090 16.239 13.549
9007 16.302 1.000 -7.650 21.198 16.177 9002.160 16.177 13.569
9008 16.125 1.000 -7.650 20.665 15.757 9002.230 15.757 13.589
9009 16.384 1.000 -7.650 21.405 16.306 9003.020 16.306 13.609
9010 16.494 1.000 -7.630 21.571 16.496 9003.090 16.496 13.629
9011 16.577 1.000 -7.650 21.839 16.680 9003.160 16.680 13.649
9012 16.495 1.000 -7.670 21.553 16.485 9003.230 16.485 13.669
9013 16.563 1.000 -7.690 21.740 16.567 9003.300 16.567 13.689
9014 16.554 1.000 -7.670 21.765 16.588 9004.060 16.588 13.709
9015 16.680 1.000 -7.690 22.053 16.834 9004.130 16.834 13.730
9016 16.500 1.000 -7.690 21.479 16.968 9004.200 16.968 13.750
9017 16.375 1.000 -7.690 21.109 16.957 9004.270 16.957 13.770
9018 16.610 1.000 -7.670 21.720 16.978 9005.040 16.978 13.790
9019 16.933 1.000 -7.660 22.610 16.983 9005.110 16.983 13.811
9020 17.035 1.000 -7.700 22.795 17.034 9005.180 17.034 13.831
9021 17.109 1.000 -7.680 22.807 17.137 9005.250 17.137 13.851
9022 17.309 1.000 -7.680 23.375 17.527 9006.010 17.527 13.872
9023 17.249 1.000 -7.670 23.105 17.275 9006.080 17.275 13.892
9024 17.362 1.000 -7.650 23.391 17.588 9006.150 17.588 13.913
9025 17.245 1.000 -7.670 22.925 17.291 9006.220 17.291 13.933
9026 17.329 1.000 -7.670 23.108 17.316 9006.290 17.316 13.954
9027 17.399 1.000 -7.680 23.148 17.373 9007.060 17.373 13.974
9028 17.625 1.000 -7.650 23.738 17.891 9007.130 17.891 13.995
9029 17.451 1.000 -7.660 23.384 17.455 9007.200 17.455 14.015
9030 17.241 1.000 -7.590 22.871 17.014 9007.270 17.014 14.036
9031 16.944 1.000 -7.560 22.330 16.778 9008.030 16.778 14.056
9032 16.792 1.000 -7.500 21.741 16.865 9008.100 16.865 14.077
9033 16.596 1.000 -7.500 21.257 16.855 9008.170 16.855 14.097
9034 16.212 1.000 -7.510 20.214 16.932 9008.240 16.932 14.117
9035 16.498 1.000 -7.480 20.946 16.957 9008.310 16.957 14.137
9036 16.515 1.000 -7.470 21.016 16.932 9009.070 16.932 14.158
9037 16.392 1.000 -7.470 20.604 16.988 9009.140 16.988 14.178
9038 16.175 1.000 -7.460 20.260 16.973 9009.210 16.973 14.198
9039 16.043 1.000 -7.470 19.932 16.983 9009.280 16.983 14.219
9040 16.181 1.000 -7.480 20.303 16.968 9010.050 16.968 14.239
9041 15.868 1.000 -7.480 19.571 16.208 9010.120 16.208 14.259
9042 16.118 1.000 -7.440 20.399 16.270 9010.190 16.270 14.280
9043 16.023 1.000 -7.450 19.907 16.408 9010.260 16.408 14.300
9044 16.122 1.000 -7.420 20.389 16.265 9011.020 16.265 14.321
9045 16.212 1.000 -7.380 20.529 16.285 9011.090 16.285 14.341
9046 16.377 1.000 -7.340 20.766 16.337 9011.160 16.337 14.361
9047 16.341 1.000 -7.350 20.649 16.167 9011.230 16.167 14.382
9048 16.551 1.000 -7.270 21.131 16.619 9011.300 16.619 14.402
9049 16.754 1.000 -7.270 21.510 16.911 9012.070 16.911 14.422
9050 16.753 1.000 -7.220 21.464 16.860 9012.140 16.860 14.442
9051 16.876 1.000 -7.170 21.804 17.050 9012.210 17.050 14.462
9052 16.841 1.000 -7.160 21.621 16.936 9012.280 16.936 14.482
9101 16.694 1.000 -7.380 21.127 16.520 9101.040 16.520 14.502
9102 16.590 1.000 -7.090 20.761 16.301 9101.110 16.301 14.522
9103 16.992 1.000 -6.910 21.895 17.226 9101.180 17.226 14.542
9104 17.198 1.000 -6.790 22.162 17.527 9101.250 17.527 14.561
9105 17.469 1.000 -6.760 22.637 18.020 9102.010 18.020 14.580
9106 17.864 1.000 -6.650 23.727 18.841 9102.080 18.841 14.599
9107 18.080 1.000 -6.450 24.382 19.290 9102.150 19.290 14.618
9108 18.072 1.000 -6.350 24.171 19.318 9102.220 19.318 14.636
9109 18.208 1.000 -6.290 24.504 19.553 9103.010 19.553 14.654
9110 18.407 1.000 -6.190 24.814 20.073 9103.080 20.073 14.671
9111 18.299 1.000 -6.150 24.739 19.767 9103.150 19.767 14.689
9112 18.189 1.000 -6.060 24.348 19.531 9103.220 19.531 14.706
9113 18.407 1.000 -6.040 24.875 20.095 9103.290 20.095 14.723
9114 18.533 1.000 -6.020 24.901 20.358 9104.050 20.358 14.740
9115 18.659 1.000 -5.940 25.252 20.604 9104.120 20.604 14.757
9116 18.719 1.000 -5.820 25.521 20.566 9104.190 20.566 14.774
9117 18.602 1.000 -5.790 25.193 20.221 9104.260 20.221 14.791
9118 18.650 1.000 -5.740 25.328 20.259 9105.030 20.259 14.807
9119 18.620 1.000 -5.650 25.008 20.112 9105.100 20.112 14.823
9120 18.484 1.000 -5.580 24.802 19.695 9105.170 19.695 14.839
9121 18.665 1.000 -5.580 25.158 20.188 9105.240 20.188 14.855
9122 18.925 1.000 -5.530 25.997 20.703 9105.310 20.703 14.871
9123 18.738 1.000 -5.510 25.320 20.155 9106.070 20.155 14.887
9124 18.719 1.000 -5.480 25.527 20.046 9106.140 20.046 14.903
9125 18.608 1.000 -5.480 25.241 20.035 9106.210 20.035 14.918
9126 18.436 1.000 -5.480 24.817 20.008 9106.280 20.008 14.934
9127 18.521 1.000 -5.500 25.029 19.969 9107.050 19.969 14.950
9128 18.774 1.000 -5.460 25.457 20.101 9107.120 20.101 14.965
9129 18.885 1.000 -5.470 25.739 20.101 9107.190 20.101 14.981
9130 18.785 1.000 -5.460 25.535 20.106 9107.260 20.106 14.997
9131 19.003 1.000 -5.450 25.970 20.177 9108.020 20.177 15.013
9132 19.038 1.000 -5.440 25.982 20.221 9108.090 20.221 15.028
9133 19.037 1.000 -5.400 25.895 20.254 9108.160 20.254 15.044
9134 19.205 1.000 -5.350 26.488 20.254 9108.230 20.254 15.060
9135 19.281 1.000 -5.310 26.589 20.281 9108.300 20.281 15.075
9136 19.139 1.000 -5.260 26.180 20.035 9109.060 20.035 15.090
9137 19.075 1.000 -5.260 25.825 19.816 9109.130 19.816 15.106
9138 19.247 1.000 -5.210 26.133 20.117 9109.200 20.117 15.121
9139 19.233 1.000 -5.180 26.013 19.997 9109.270 19.997 15.136
9140 19.141 1.000 -5.160 25.715 19.778 9110.040 19.778 15.151
9141 19.102 1.000 -5.080 25.745 19.734 9110.110 19.734 15.166
9142 19.414 1.000 -5.020 26.506 20.413 9110.180 20.413 15.181
9143 19.201 1.000 -5.020 25.962 19.887 9110.250 19.887 15.195
9144 19.438 1.000 -4.970 26.459 20.374 9111.010 20.374 15.210
9145 19.514 1.000 -4.930 26.580 20.489 9111.080 20.489 15.224
9146 19.296 1.000 -4.810 25.902 20.002 9111.150 20.002 15.239
9147 19.169 1.000 -4.780 25.479 19.717 9111.220 19.717 15.253
9148 19.105 1.000 -4.700 25.432 19.657 9111.290 19.657 15.267
9149 19.253 1.000 -4.660 25.711 20.057 9112.060 20.057 15.281
9150 19.391 1.000 -4.630 26.091 20.325 9112.130 20.325 15.294
9151 19.402 1.000 -4.590 26.281 20.347 9112.200 20.347 15.308
9152 19.972 1.000 -4.530 27.616 21.497 9112.270 21.497 15.321
9201 20.276 1.000 -4.510 28.506 22.228 9201.030 22.228 15.335
9202 20.345 1.000 -4.400 28.233 22.303 9201.100 22.303 15.348
9203 20.393 1.000 -4.190 28.504 22.322 9201.170 22.322 15.361
9204 20.351 1.000 -4.050 28.290 22.147 9201.240 22.147 15.373
9205 20.242 1.000 -3.990 27.849 21.816 9201.310 21.816 15.385
9206 20.383 1.000 -3.920 28.021 22.066 9202.070 22.066 15.397
9207 20.374 1.000 -3.850 28.131 22.010 9202.140 22.010 15.409
9208 20.351 1.000 -3.780 28.077 21.860 9202.210 21.860 15.420
9209 20.426 1.000 -3.780 28.177 21.953 9202.280 21.953 15.431
9210 20.215 1.000 -3.750 27.628 21.841 9203.060 21.841 15.442
9211 20.252 1.000 -3.720 27.746 21.860 9203.130 21.860 15.453
9212 20.387 1.000 -3.720 28.128 21.860 9203.200 21.860 15.464
9213 20.186 1.000 -3.730 27.610 21.835 9203.270 21.835 15.475
9214 20.058 1.000 -3.730 27.493 21.816 9204.030 21.816 15.486
9215 20.125 1.000 -3.740 27.698 21.797 9204.100 21.797 15.498
9216 20.305 1.000 -3.660 28.521 21.729 9204.170 21.729 15.509
9217 20.096 1.000 -3.620 28.056 21.616 9204.240 21.616 15.520
9218 20.194 1.000 -3.590 28.314 21.629 9205.010 21.629 15.530
9219 20.320 1.000 -3.550 28.572 21.629 9205.080 21.629 15.541
9220 20.206 1.000 -3.510 28.180 21.248 9205.150 21.248 15.552
9221 20.291 1.000 -3.510 28.467 21.435 9205.220 21.435 15.562
9222 20.352 1.000 -3.470 28.576 21.566 9205.290 21.566 15.573
9223 20.310 1.000 -3.490 28.464 21.472 9206.050 21.472 15.583
9224 20.158 1.000 -3.450 28.225 21.098 9206.120 21.098 15.593
9225 19.949 1.000 -3.440 27.823 20.623 9206.190 20.623 15.604
9226 19.945 1.000 -3.420 27.825 20.554 9206.260 20.554 15.614
9227 20.227 1.000 -3.440 28.416 21.091 9207.030 21.091 15.624
9228 20.364 1.000 -3.350 28.629 21.198 9207.100 21.198 15.635
9229 20.285 1.000 -3.240 28.715 21.204 9207.170 21.204 15.645
9230 20.200 1.000 -3.190 28.455 21.023 9207.240 21.023 15.654
9231 20.500 1.000 -3.140 29.343 21.666 9207.310 21.666 15.664
9232 20.403 1.000 -3.110 28.992 21.385 9208.070 21.385 15.673
9233 20.407 1.000 -3.080 29.080 21.391 9208.140 21.391 15.683
9234 20.296 1.000 -3.050 28.747 21.129 9208.210 21.129 15.692
9235 20.314 1.000 -3.030 28.763 21.148 9208.280 21.148 15.701
9236 20.419 1.000 -3.010 28.935 21.348 9209.040 21.348 15.710
9237 20.497 1.000 -2.960 29.126 21.510 9209.110 21.510 15.719
9238 20.594 1.000 -2.900 29.375 21.697 9209.180 21.697 15.728
9239 20.383 1.000 -2.880 28.797 21.166 9209.250 21.166 15.737
9240 20.318 1.000 -2.870 28.542 20.985 9210.020 20.985 15.746
9241 20.203 1.000 -2.830 28.014 20.698 9210.090 20.698 15.754
9242 20.410 1.000 -2.770 28.660 21.166 9210.160 21.166 15.763
9243 20.538 1.000 -2.790 28.840 21.466 9210.230 21.466 15.771
9244 20.650 1.000 -2.740 29.174 21.672 9210.300 21.672 15.780
9245 20.754 1.000 -2.750 29.112 21.791 9211.060 21.791 15.788
9246 20.949 1.000 -2.740 29.466 22.159 9211.130 22.159 15.796
9247 21.026 1.000 -2.740 29.775 22.353 9211.200 22.353 15.805
9248 21.143 1.000 -2.740 30.035 22.547 9211.270 22.547 15.813
9249 21.212 1.000 -2.770 30.183 22.697 9212.040 22.697 15.821
9250 21.210 1.000 -2.790 30.315 22.672 9212.110 22.672 15.830
9251 21.342 1.000 -2.800 30.857 22.959 9212.180 22.959 15.838
9252 21.333 1.000 -2.830 30.767 22.903 9212.250 22.903 15.847
9253 21.379 1.000 -2.860 30.498 22.936 9301.010 22.936 15.855
9301 21.285 1.000 -2.920 30.048 22.622 9301.080 22.622 15.864
9302 21.540 1.000 -2.830 30.632 23.144 9301.150 23.144 15.873
9303 21.580 1.000 -2.770 30.575 23.164 9301.220 23.164 15.881
9304 21.554 1.000 -2.770 30.778 23.090 9301.290 23.090 15.890
9305 21.784 1.000 -2.740 31.507 23.505 9302.050 23.505 15.898
9306 21.641 1.000 -2.730 31.218 23.130 9302.120 23.130 15.907
9307 21.337 1.000 -2.710 30.506 22.348 9302.190 22.348 15.915
9308 21.509 1.000 -2.690 31.166 22.669 9302.260 22.669 15.923
9309 21.671 1.000 -2.710 31.374 22.963 9303.050 22.963 15.931
9310 21.805 1.000 -2.670 31.652 23.271 9303.120 23.271 15.940
9311 21.771 1.000 -2.660 31.693 23.090 9303.190 23.090 15.948
9312 21.744 1.000 -2.650 31.541 23.057 9303.260 23.057 15.956
9313 21.577 1.000 -2.660 31.107 22.695 9304.020 22.695 15.964
9314 21.626 1.000 -2.670 31.156 22.675 9304.090 22.675 15.972
9315 21.758 1.000 -2.640 31.675 22.869 9304.160 22.869 15.980
9316 21.600 1.000 -2.630 30.852 22.414 9304.230 22.414 15.989
9317 21.665 1.000 -2.610 31.093 22.555 9304.300 22.555 15.997
9318 21.825 1.000 -2.620 31.261 22.943 9305.070 22.943 16.005
9319 21.784 1.000 -2.590 31.084 22.829 9305.140 22.829 16.013
9320 21.995 1.000 -2.600 31.546 23.284 9305.210 23.284 16.021
9321 22.118 1.000 -2.590 31.872 23.485 9305.280 23.485 16.029
9322 22.171 1.000 -2.620 31.880 23.478 9306.040 23.478 16.037
9323 22.043 1.000 -2.620 31.700 23.210 9306.110 23.210 16.045
9324 21.993 1.000 -2.620 31.464 23.043 9306.180 23.043 16.053
9325 22.090 1.000 -2.620 31.760 23.264 9306.250 23.264 16.061
9326 22.150 1.000 -2.630 31.653 23.411 9307.020 23.411 16.069
9327 22.174 1.000 -2.630 31.833 23.438 9307.090 23.438 16.077
9328 22.152 1.000 -2.640 31.681 23.331 9307.160 23.331 16.085
9329 22.167 1.000 -2.630 31.795 23.351 9307.230 23.351 16.093
9330 22.259 1.000 -2.650 31.886 23.465 9307.300 23.465 16.101
9331 22.381 1.000 -2.650 31.942 23.766 9308.060 23.766 16.109
9332 22.438 1.000 -2.640 32.064 23.792 9308.130 23.792 16.118
9333 22.623 1.000 -2.640 32.510 24.080 9308.200 24.080 16.126
9334 22.696 1.000 -2.640 32.840 24.254 9308.270 24.254 16.134
9335 22.763 1.000 -2.640 32.914 24.434 9309.030 24.434 16.142
9336 22.728 1.000 -2.640 32.959 24.374 9309.100 24.374 16.150
9337 22.667 1.000 -2.640 32.770 24.200 9309.170 24.200 16.158
9338 22.800 1.000 -2.650 32.702 24.575 9309.240 24.575 16.167
9339 22.917 1.000 -2.650 32.981 24.816 9310.010 24.816 16.175
9340 22.924 1.000 -2.680 32.928 24.782 9310.080 24.782 16.183
9341 23.162 1.000 -2.640 33.603 25.277 9310.150 25.277 16.191
9342 23.001 1.000 -2.650 33.174 24.863 9310.220 24.863 16.200
9343 23.067 1.000 -2.640 33.517 25.036 9310.290 25.036 16.208
9344 22.872 1.000 -2.660 32.943 24.515 9311.050 24.515 16.216
9345 23.050 1.000 -2.650 33.377 24.990 9311.120 24.990 16.224
9346 22.833 1.000 -2.670 33.194 24.374 9311.190 24.374 16.233
9347 22.853 1.000 -2.670 33.244 24.441 9311.260 24.441 16.241
9348 22.993 1.000 -2.690 33.392 24.802 9312.030 24.802 16.249
9349 22.986 1.000 -2.690 33.340 24.689 9312.100 24.689 16.258
9350 22.997 1.000 -2.690 33.534 24.622 9312.170 24.622 16.266
9351 23.038 1.000 -2.710 33.623 24.602 9312.240 24.602 16.274
9352 23.171 1.000 -2.720 33.573 24.769 9312.310 24.769 16.283
9401 23.244 1.000 -2.750 33.839 24.727 9401.070 24.727 16.291
9402 23.370 1.000 -2.710 34.217 24.790 9401.140 24.790 16.300
9403 23.377 1.000 -2.690 34.221 24.797 9401.210 24.797 16.308
9404 23.468 1.000 -2.680 34.525 24.762 9401.280 24.762 16.317
9405 23.315 1.000 -2.680 33.901 24.846 9402.040 24.846 16.325
9406 23.364 1.000 -2.710 33.945 24.846 9402.110 24.846 16.334
9407 23.380 1.000 -2.750 33.783 24.909 9402.180 24.909 16.342
9408 23.316 1.000 -2.770 33.683 24.888 9402.250 24.888 16.351
9409 23.357 1.000 -2.790 33.605 24.951 9403.040 24.951 16.359
9410 23.420 1.000 -2.810 33.745 24.951 9403.110 24.951 16.368
9411 23.591 1.000 -2.830 34.097 25.007 9403.180 25.007 16.377
9412 23.323 1.000 -2.860 33.356 24.972 9403.250 24.972 16.386
9413 22.850 1.000 -2.930 32.301 24.902 9404.010 24.902 16.395
9414 23.029 1.000 -2.970 32.416 24.965 9404.080 24.965 16.404
9415 22.876 1.000 -3.000 32.369 24.888 9404.150 24.888 16.413
9416 22.818 1.000 -3.040 32.493 24.783 9404.220 24.783 16.423
9417 23.005 1.000 -3.130 32.750 24.853 9404.290 24.853 16.432
9418 22.939 1.000 -3.150 32.544 24.881 9405.060 24.881 16.442
9419 22.767 1.000 -3.240 32.296 24.776 9405.130 24.776 16.452
9420 23.024 1.000 -3.310 33.099 24.748 9405.200 24.748 16.462
9421 23.093 1.000 -3.470 33.293 24.748 9405.270 24.748 16.473
9422 23.173 1.000 -3.510 33.516 24.741 9406.030 24.741 16.484
9423 23.086 1.000 -3.570 33.429 24.713 9406.100 24.713 16.495
9424 23.091 1.000 -3.590 33.432 24.727 9406.170 24.727 16.506
9425 22.648 1.000 -3.630 32.310 24.734 9406.240 24.734 16.518
9426 22.785 1.000 -3.640 32.577 24.727 9407.010 24.727 16.529
9427 22.878 1.000 -3.700 32.840 24.727 9407.080 24.727 16.541
9428 23.032 1.000 -3.750 33.195 24.748 9407.150 24.748 16.552
9429 22.966 1.000 -3.780 33.137 24.720 9407.220 24.720 16.564
9430 23.092 1.000 -3.800 33.532 24.706 9407.290 24.706 16.576
9431 23.071 1.000 -3.830 33.465 24.720 9408.050 24.720 16.588
9432 23.226 1.000 -3.850 33.839 24.727 9408.120 24.727 16.601
9433 23.318 1.000 -3.880 33.985 24.790 9408.190 24.790 16.613
9434 23.584 1.000 -4.030 34.745 24.783 9408.260 24.783 16.625
9435 23.535 1.000 -4.080 34.558 24.804 9409.020 24.804 16.638
9436 23.519 1.000 -4.120 34.370 24.846 9409.090 24.846 16.651
9437 23.624 1.000 -4.140 34.610 24.867 9409.160 24.867 16.664
9438 23.345 1.000 -4.170 33.782 24.874 9409.230 24.874 16.677
9439 23.406 1.000 -4.200 34.023 24.888 9409.300 24.888 16.691
9440 23.220 1.000 -4.260 33.483 24.874 9410.070 24.874 16.704
9441 23.527 1.000 -4.290 34.532 24.839 9410.140 24.839 16.718
9442 23.486 1.000 -4.310 34.241 24.888 9410.210 24.888 16.732
9443 23.690 1.000 -4.350 34.914 24.860 9410.280 24.860 16.745
9444 23.471 1.000 -4.400 34.086 24.937 9411.040 24.937 16.759
9445 23.469 1.000 -4.410 34.111 24.916 9411.110 24.916 16.774
9446 23.466 1.000 -4.500 34.065 24.916 9411.180 24.916 16.788
9447 23.184 1.000 -4.770 33.406 24.888 9411.250 24.888 16.802
9448 23.212 1.000 -4.840 33.499 24.895 9412.020 24.895 16.818
9449 22.944 1.000 -4.910 33.050 24.866 9412.090 24.866 16.833
9450 23.236 1.000 -4.970 33.944 24.874 9412.160 24.874 16.849
9451 23.347 1.000 -5.040 34.040 24.907 9412.230 24.907 16.865
9452 23.418 1.000 -5.120 34.017 24.980 9412.300 24.980 16.881
9501 23.399 1.000 -5.180 34.140 24.948 9501.060 24.948 16.898
9502 23.560 1.000 -5.180 34.550 24.956 9501.130 24.956 16.915
9503 23.517 1.000 -5.160 34.479 24.972 9501.200 24.972 16.932
9504 23.539 1.000 -5.170 34.913 24.923 9501.270 24.923 16.948
9505 23.772 1.000 -5.230 35.544 24.923 9502.030 24.923 16.965
9506 23.917 1.000 -5.370 35.771 25.070 9502.100 25.070 16.982
9507 23.892 1.000 -5.430 35.827 25.021 9502.170 25.021 17.000
9508 23.990 1.000 -5.480 36.301 25.201 9502.240 25.201 17.017
9509 24.042 1.000 -5.490 36.119 25.267 9503.030 25.267 17.035
9510 24.080 1.000 -5.490 36.446 25.324 9503.100 25.324 17.053
9511 24.230 1.000 -5.500 36.907 25.619 9503.170 25.619 17.071
9512 24.403 1.000 -5.520 37.331 25.954 9503.240 25.954 17.089
9513 24.414 1.000 -5.530 37.330 25.970 9503.310 25.970 17.107
9514 24.477 1.000 -5.580 37.776 25.970 9504.070 25.970 17.125
9515 24.700 1.000 -5.530 38.006 26.306 9504.140 26.306 17.144
9516 24.579 1.000 -5.540 37.972 25.987 9504.210 25.987 17.162
9517 24.812 1.000 -5.510 38.457 26.437 9504.280 26.437 17.180
9518 24.905 1.000 -5.530 38.882 26.486 9505.050 26.486 17.198
9519 25.126 1.000 -5.510 39.308 26.960 9505.120 26.960 17.216
9520 25.078 1.000 -5.520 38.853 26.862 9505.190 26.862 17.235
9521 25.201 1.000 -5.510 39.208 27.075 9505.260 27.075 17.253
9522 25.360 1.000 -5.510 39.892 27.353 9506.020 27.353 17.271
9523 25.398 1.000 -5.500 39.570 27.443 9506.090 27.443 17.289
9524 25.658 1.000 -5.490 40.482 28.106 9506.160 28.106 17.308
9525 26.000 1.000 -5.490 41.244 28.826 9506.230 28.826 17.326
9526 25.871 1.000 -5.460 40.893 28.515 9506.300 28.515 17.344
9527 26.286 1.000 -5.470 41.786 29.440 9507.070 29.440 17.362
9528 26.469 1.000 -5.420 42.071 29.873 9507.140 29.873 17.380
9529 26.171 1.000 -5.340 41.621 29.219 9507.210 29.219 17.399
9530 26.571 1.000 -5.320 42.341 30.258 9507.280 30.258 17.416
9531 26.439 1.000 -5.310 42.062 29.832 9508.040 29.832 17.434
9532 26.485 1.000 -5.290 41.795 29.939 9508.110 29.939 17.452
9533 26.781 1.000 -5.270 42.124 30.601 9508.180 30.601 17.470
9534 26.706 1.000 -5.270 42.212 30.430 9508.250 30.430 17.487
9535 26.791 1.000 -5.250 42.515 30.511 9509.010 30.511 17.505
9536 27.168 1.000 -5.250 43.202 31.502 9509.080 31.502 17.523
9537 27.218 1.000 -5.240 44.028 31.444 9509.150 31.444 17.540
9538 27.199 1.000 -5.250 43.927 31.428 9509.220 31.428 17.558
9539 27.213 1.000 -5.210 44.150 31.338 9509.290 31.338 17.575
9540 27.056 1.000 -5.290 44.026 30.675 9510.060 30.675 17.593
9541 27.172 1.000 -5.200 44.199 30.871 9510.130 30.871 17.611
9542 27.184 1.000 -5.210 44.444 30.912 9510.200 30.912 17.628
9543 27.014 1.000 -5.200 43.878 30.479 9510.270 30.479 17.646
Risk-adjusted
Rightime Fund comparison of change
Balanced Reference Index in value of $10,000
(50% Lipper/50% Money Market) investment in the
Money Market Fund Index Rightime Fund,
Balanced Reference
Index (50%
Lipper/50% Money
Market),and Money
Market Fund Index.
</TABLE>
October 31, 1995
Rightime The Rightime Government Securities Fund
Family of Funds Performance Comparison
- -------------------------------------------------------------------------
Our fiscal year ending October 31, 1995 has been the antithesis of 1994
for fixed income investors. Last year was marked by significant price
declines in Treasury Bonds as a result of the unwinding of the
speculative positions built up in the early 1990s. This interest rate
rise was reversed this year as rates have fallen, especially in longer
maturity Treasury Bonds. The decline was the result of a slowing economy
and easing inflationary fears.
The Rightime Government Securities Fund's returns have trailed the
performance of long- term bonds this year. The Fund maintained a
conservative position through the spring and early summer by investing
in Government Securities with shorter maturities at a time when
long-term Treasury Bonds rallied. During this period, the dollar was in
a near free fall and industrial commodity prices were trending up. Oil
also looked as if it was beginning to trade higher. Each of these
factors often proceed an inflationary environment and, as such, the Fund
maintained a conservative position as determined by the Rightime Market
Models (RTMM(registered trademark)). However, long-term Treasury Bond
prices moved significantly higher in the face of these inflationary
concerns. As it turned out, anticipation of a slowing economy dominated
the bond market driving it higher. By late summer the dollar recovered,
commodities stabilized, oil prices declined and inflation remained in
check. As a result, the Fund extended its portfolio maturities later in
the year as determined by the RTMM(registered trademark) and has taken
advantage of further rises in long-term Treasury Bond prices. While the
Fund's returns have trailed, risk has been significantly lower than
holding long-term Treasury securities. The Fund adheres to the
allocation determined by the Rightime Market Model (RTMM(registered
trademark)).
- --------------------------------------------------
Average Annual Total Return
- --------------------------------------------------
Since Inception
1 Year 5 Years Jan. 2. 1987
- --------------------------------------------------
1.00% 4.93% 4.76%
- --------------------------------------------------
Performance Comparison
The "Performance Comparison" chart assesses the Rightime Government
Securities Fund's performance against the Shearson Lehman Hutton U.S.
Treasury Intermediate Index, a broad based fixed income index.
The performance shown represents past performance and is not a guarantee
of future results. A mutual fund's share price and investment return
will vary with market conditions, and the principal value of shares,
when redeemed, may be more or less than the original cost.
Average annual total returns are historical in nature and measure net
investment income and capital gain or loss from portfolio investments
assuming reinvestment of dividends reflecting the 4.75% sales charge.
(At inception, the Government Securities Fund was no load.)
Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig slh_ust_int.w calendar defensive
slh_ust_int.w.f0 rtmmyld.w rightime_gsf.temp rightime_gsf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 8652 9.767 1.000 -9.190 2245.480 8.973 8612.260 8.973 10.000
mx 9543 19.607 1.000 -2.590 4507.710 14.639 9510.270 14.639 16.258
cl 9543 19.607 1.000 -5.200 4507.710 14.238 9510.270 14.238 16.258
xb 462 14.268 1.000 -5.499 3280.196 11.677 9097.504 11.677 13.287
sd 3.051 0.000 1.948 701.359 1.643 255.524 1.643 1.855
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_gsf.temp -> -2.729 0.905 0.252 4.066 -1.014 5.906
slh_ust_int.w.f0 -> 0.000 1.000 1.000 7.890 0.000 3.274
defensive -> 5.575 0.007 0.008 5.635 0.791 0.270
- --------------------------------------------------------------------------------
8652 10.000 1.000 -5.390 2299.050 10.000 8612.260 10.000 10.000
8701 9.997 1.000 -5.480 2298.420 9.525 8701.020 9.525 10.010
8702 10.055 1.000 -5.470 2311.580 9.531 8701.090 9.531 10.021
8703 10.064 1.000 -5.460 2313.860 9.481 8701.160 9.481 10.031
8704 10.069 1.000 -5.420 2315.010 9.525 8701.230 9.525 10.042
8705 10.052 1.000 -5.340 2311.020 9.404 8701.300 9.404 10.052
8706 10.063 1.000 -5.310 2313.520 9.455 8702.060 9.455 10.063
8707 10.048 1.000 -5.280 2310.070 9.385 8702.130 9.385 10.073
8708 10.079 1.000 -5.340 2317.170 9.423 8702.200 9.423 10.083
8709 10.112 1.000 -5.360 2324.860 9.500 8702.270 9.500 10.093
8710 10.108 1.000 -5.340 2323.820 9.493 8703.060 9.493 10.104
8711 10.130 1.000 -5.350 2329.010 9.538 8703.130 9.538 10.114
8712 10.132 1.000 -5.390 2329.400 9.526 8703.200 9.526 10.124
8713 10.111 1.000 -5.390 2324.640 9.455 8703.270 9.455 10.135
8714 10.076 1.000 -5.440 2316.420 9.333 8704.030 9.333 10.145
8715 9.961 1.000 -5.440 2290.010 9.346 8704.100 9.346 10.156
8716 9.968 1.000 -5.450 2291.760 9.372 8704.170 9.372 10.167
8717 9.840 1.000 -5.520 2262.200 9.411 8704.240 9.411 10.177
8718 9.877 1.000 -5.510 2270.820 9.356 8705.010 9.356 10.188
8719 9.871 1.000 -5.620 2269.410 9.343 8705.080 9.343 10.199
8720 9.779 1.000 -5.750 2248.160 9.382 8705.150 9.382 10.210
8721 9.794 1.000 -5.780 2251.610 9.291 8705.220 9.291 10.221
8722 9.895 1.000 -5.880 2274.840 9.330 8705.290 9.330 10.232
8723 9.913 1.000 -5.930 2279.000 9.343 8706.050 9.343 10.244
8724 9.984 1.000 -5.970 2295.340 9.375 8706.120 9.375 10.256
8725 10.010 1.000 -6.010 2301.300 9.388 8706.190 9.388 10.267
8726 10.003 1.000 -6.040 2299.630 9.258 8706.260 9.258 10.279
8727 10.040 1.000 -6.040 2308.180 9.323 8707.030 9.323 10.291
8728 10.066 1.000 -6.060 2314.120 9.330 8707.100 9.330 10.303
8729 10.075 1.000 -6.050 2316.270 9.323 8707.170 9.323 10.315
8730 10.023 1.000 -6.010 2304.250 9.125 8707.240 9.125 10.327
8731 10.025 1.000 -5.950 2304.880 9.106 8707.310 9.106 10.339
8732 10.028 1.000 -5.990 2305.410 9.099 8708.070 9.099 10.351
8733 10.078 1.000 -6.000 2316.910 9.212 8708.140 9.212 10.362
8734 10.040 1.000 -6.000 2308.170 9.099 8708.210 9.099 10.374
8735 9.987 1.000 -5.990 2296.040 8.986 8708.280 8.986 10.386
8736 9.920 1.000 -6.030 2280.550 9.016 8709.040 9.016 10.398
8737 9.914 1.000 -6.040 2279.240 9.016 8709.110 9.016 10.410
8738 9.921 1.000 -6.040 2280.860 9.043 8709.180 9.043 10.422
8739 9.894 1.000 -6.250 2274.620 9.016 8709.250 9.016 10.434
8740 9.884 1.000 -6.340 2272.450 8.973 8710.020 8.973 10.447
8741 9.807 1.000 -6.450 2254.720 9.013 8710.090 9.013 10.460
8742 9.767 1.000 -6.560 2245.480 9.033 8710.160 9.033 10.473
8743 10.103 1.000 -6.700 2322.810 9.101 8710.230 9.101 10.486
8744 10.176 1.000 -6.530 2339.440 9.094 8710.300 9.094 10.499
8745 10.216 1.000 -6.470 2348.720 9.225 8711.060 9.225 10.512
8746 10.208 1.000 -6.490 2346.900 9.212 8711.130 9.212 10.525
8747 10.260 1.000 -6.470 2358.910 9.266 8711.200 9.266 10.539
8748 10.193 1.000 -6.430 2343.500 9.035 8711.270 9.035 10.552
8749 10.247 1.000 -6.420 2355.760 9.127 8712.040 9.127 10.565
8750 10.180 1.000 -6.460 2340.380 8.997 8712.110 8.997 10.578
8751 10.295 1.000 -6.510 2366.880 9.250 8712.180 9.250 10.591
8752 10.309 1.000 -6.610 2370.160 9.284 8712.250 9.284 10.604
8753 10.329 1.000 -6.690 2374.620 9.223 8801.010 9.223 10.617
8801 10.337 1.000 -6.800 2376.510 9.106 8801.080 9.106 10.631
8802 10.443 1.000 -6.570 2400.790 9.437 8801.150 9.437 10.645
8803 10.500 1.000 -6.480 2413.970 9.540 8801.220 9.540 10.658
8804 10.589 1.000 -6.390 2434.570 9.719 8801.290 9.719 10.672
8805 10.648 1.000 -6.330 2447.980 9.830 8802.050 9.830 10.685
8806 10.629 1.000 -6.230 2443.760 9.698 8802.120 9.698 10.698
8807 10.649 1.000 -6.140 2448.270 9.663 8802.190 9.663 10.710
8808 10.688 1.000 -6.160 2457.290 9.705 8802.260 9.705 10.723
8809 10.676 1.000 -6.100 2454.380 9.622 8803.040 9.622 10.736
8810 10.685 1.000 -6.050 2456.570 9.629 8803.110 9.629 10.748
8811 10.669 1.000 -6.060 2452.860 9.636 8803.180 9.636 10.761
8812 10.666 1.000 -6.040 2452.070 9.524 8803.250 9.524 10.773
8813 10.655 1.000 -6.040 2449.660 9.524 8804.010 9.524 10.786
8814 10.675 1.000 -6.050 2454.350 9.538 8804.080 9.538 10.798
8815 10.632 1.000 -6.100 2444.440 9.545 8804.150 9.545 10.811
8816 10.642 1.000 -6.090 2446.590 9.545 8804.220 9.545 10.823
8817 10.625 1.000 -6.140 2442.660 9.566 8804.290 9.566 10.836
8818 10.603 1.000 -6.130 2437.610 9.559 8805.060 9.559 10.849
8819 10.615 1.000 -6.140 2440.420 9.573 8805.130 9.573 10.861
8820 10.564 1.000 -6.270 2428.780 9.580 8805.200 9.580 10.874
8821 10.560 1.000 -6.290 2427.770 9.594 8805.270 9.594 10.887
8822 10.658 1.000 -6.370 2450.410 9.605 8806.030 9.605 10.900
8823 10.683 1.000 -6.420 2455.990 9.640 8806.100 9.640 10.914
8824 10.670 1.000 -6.500 2453.060 9.577 8806.170 9.577 10.927
8825 10.733 1.000 -6.560 2467.540 9.825 8806.240 9.825 10.941
8826 10.767 1.000 -6.500 2475.490 9.878 8807.010 9.878 10.955
8827 10.697 1.000 -6.680 2459.250 9.621 8807.080 9.621 10.968
8828 10.706 1.000 -6.700 2461.330 9.650 8807.150 9.650 10.982
8829 10.711 1.000 -6.810 2462.590 9.657 8807.220 9.657 10.996
8830 10.719 1.000 -6.910 2464.400 9.671 8807.290 9.671 11.011
8831 10.726 1.000 -6.950 2466.030 9.678 8808.050 9.678 11.025
8832 10.668 1.000 -6.980 2452.680 9.693 8808.120 9.693 11.040
8833 10.684 1.000 -7.140 2456.270 9.707 8808.190 9.707 11.055
8834 10.683 1.000 -7.220 2456.020 9.714 8808.260 9.714 11.070
8835 10.819 1.000 -7.270 2487.260 9.729 8809.020 9.729 11.085
8836 10.859 1.000 -7.370 2496.550 9.808 8809.090 9.808 11.101
8837 10.871 1.000 -7.390 2499.240 9.787 8809.160 9.787 11.116
8838 10.874 1.000 -7.420 2500.020 9.765 8809.230 9.765 11.132
8839 10.916 1.000 -7.430 2509.600 9.851 8809.300 9.851 11.148
8840 10.992 1.000 -7.480 2527.080 10.032 8810.070 10.032 11.164
8841 10.973 1.000 -7.470 2522.750 9.916 8810.140 9.916 11.180
8842 10.992 1.000 -7.490 2527.010 9.974 8810.210 9.974 11.196
8843 11.050 1.000 -7.540 2540.340 10.061 8810.280 10.061 11.212
8844 11.008 1.000 -7.550 2530.680 10.083 8811.040 10.083 11.228
8845 10.988 1.000 -7.560 2526.180 10.068 8811.110 10.068 11.245
8846 10.950 1.000 -7.600 2517.430 10.075 8811.180 10.075 11.261
8847 10.915 1.000 -7.680 2509.320 10.083 8811.250 10.083 11.277
8848 10.915 1.000 -7.750 2509.360 10.101 8812.020 10.101 11.294
8849 10.946 1.000 -7.850 2516.590 10.108 8812.090 10.108 11.311
8850 10.935 1.000 -7.950 2514.080 10.123 8812.160 10.123 11.328
8851 10.986 1.000 -8.090 2525.780 10.138 8812.230 10.138 11.345
8852 10.981 1.000 -8.180 2524.660 10.152 8812.300 10.152 11.363
8901 10.959 1.000 -8.390 2519.490 10.167 8901.060 10.167 11.380
8902 11.032 1.000 -8.280 2536.380 10.182 8901.130 10.182 11.399
8903 11.056 1.000 -8.350 2541.830 10.182 8901.200 10.182 11.417
8904 11.098 1.000 -8.380 2551.600 10.322 8901.270 10.322 11.435
8905 11.085 1.000 -8.400 2548.500 10.259 8902.030 10.259 11.453
8906 11.047 1.000 -8.370 2539.770 10.037 8902.100 10.037 11.472
8907 11.063 1.000 -8.440 2543.540 10.052 8902.170 10.052 11.490
8908 11.011 1.000 -8.520 2531.370 10.104 8902.240 10.104 11.509
8909 11.064 1.000 -8.650 2543.650 10.118 8903.030 10.118 11.528
8910 11.045 1.000 -8.750 2539.370 10.133 8903.100 10.133 11.547
8911 11.022 1.000 -8.850 2534.070 10.148 8903.170 10.148 11.566
8912 11.039 1.000 -8.950 2538.000 10.163 8903.240 10.163 11.586
8913 11.109 1.000 -9.040 2554.000 10.178 8903.310 10.178 11.606
8914 11.140 1.000 -9.080 2561.210 10.189 8904.070 10.189 11.626
8915 11.207 1.000 -9.140 2576.550 10.204 8904.140 10.204 11.646
8916 11.236 1.000 -9.190 2583.140 10.249 8904.210 10.249 11.667
8917 11.292 1.000 -9.190 2595.980 10.347 8904.280 10.347 11.687
8918 11.377 1.000 -9.150 2615.650 10.396 8905.050 10.396 11.708
8919 11.452 1.000 -9.150 2632.830 10.501 8905.120 10.501 11.728
8920 11.466 1.000 -9.160 2636.160 10.645 8905.190 10.645 11.749
8921 11.504 1.000 -9.140 2644.810 10.765 8905.260 10.765 11.769
8922 11.635 1.000 -9.110 2674.950 10.939 8906.020 10.939 11.790
8923 11.747 1.000 -9.080 2700.610 11.334 8906.090 11.334 11.811
8924 11.683 1.000 -8.940 2685.980 11.159 8906.160 11.159 11.831
8925 11.743 1.000 -8.890 2699.660 11.296 8906.230 11.296 11.852
8926 11.843 1.000 -8.890 2722.680 11.486 8906.300 11.486 11.872
8927 11.915 1.000 -8.850 2739.410 11.505 8907.070 11.505 11.892
8928 11.943 1.000 -8.750 2745.850 11.459 8907.140 11.459 11.912
8929 11.942 1.000 -8.660 2745.620 11.398 8907.210 11.398 11.932
8930 12.058 1.000 -8.600 2772.250 11.375 8907.280 11.375 11.952
8931 11.974 1.000 -8.470 2752.900 11.402 8908.040 11.402 11.972
8932 11.944 1.000 -8.330 2746.040 11.402 8908.110 11.402 11.991
8933 11.922 1.000 -8.330 2740.890 11.402 8908.180 11.402 12.010
8934 11.914 1.000 -8.340 2739.080 11.425 8908.250 11.425 12.029
8935 11.955 1.000 -8.290 2748.480 11.436 8909.010 11.436 12.049
8936 11.980 1.000 -8.240 2754.360 11.451 8909.080 11.451 12.068
8937 12.050 1.000 -8.270 2770.260 11.475 8909.150 11.475 12.087
8938 12.003 1.000 -8.260 2759.450 11.490 8909.220 11.490 12.106
8939 11.971 1.000 -8.260 2752.250 11.505 8909.290 11.505 12.125
8940 12.105 1.000 -8.280 2783.070 11.521 8910.060 11.521 12.144
8941 12.225 1.000 -8.260 2810.490 11.536 8910.130 11.536 12.164
8942 12.168 1.000 -8.210 2797.420 11.552 8910.200 11.552 12.183
8943 12.206 1.000 -8.140 2806.110 11.567 8910.270 11.567 12.202
8944 12.200 1.000 -8.120 2804.910 11.583 8911.030 11.583 12.221
8945 12.265 1.000 -8.070 2819.690 11.590 8911.100 11.590 12.240
8946 12.306 1.000 -8.010 2829.140 11.583 8911.170 11.583 12.259
8947 12.356 1.000 -7.990 2840.650 11.660 8911.240 11.660 12.278
8948 12.361 1.000 -7.930 2841.760 11.668 8912.010 11.668 12.297
8949 12.364 1.000 -7.940 2842.460 11.676 8912.080 11.676 12.316
8950 12.391 1.000 -7.900 2848.850 11.717 8912.150 11.717 12.334
8951 12.388 1.000 -7.910 2848.140 11.708 8912.220 11.708 12.353
8952 12.373 1.000 -7.870 2844.670 11.603 8912.290 11.603 12.372
9001 12.373 1.000 -8.060 2844.620 11.547 9001.050 11.547 12.390
9002 12.367 1.000 -7.800 2843.240 11.417 9001.120 11.417 12.410
9003 12.318 1.000 -7.740 2831.900 11.271 9001.190 11.271 12.428
9004 12.272 1.000 -7.700 2821.380 11.292 9001.260 11.292 12.447
9005 12.279 1.000 -7.700 2822.890 11.300 9002.020 11.300 12.465
9006 12.353 1.000 -7.660 2839.960 11.316 9002.090 11.316 12.483
9007 12.332 1.000 -7.650 2835.280 11.210 9002.160 11.210 12.502
9008 12.311 1.000 -7.650 2830.430 11.108 9002.230 11.108 12.520
9009 12.317 1.000 -7.650 2831.850 11.133 9003.020 11.133 12.538
9010 12.284 1.000 -7.630 2824.040 11.051 9003.090 11.051 12.557
9011 12.329 1.000 -7.650 2834.590 11.166 9003.160 11.166 12.575
9012 12.369 1.000 -7.670 2843.740 11.256 9003.230 11.256 12.594
9013 12.353 1.000 -7.690 2840.000 11.088 9003.300 11.088 12.612
9014 12.405 1.000 -7.670 2852.000 11.236 9004.060 11.236 12.631
9015 12.399 1.000 -7.690 2850.560 11.154 9004.130 11.154 12.649
9016 12.327 1.000 -7.690 2834.130 10.800 9004.200 10.800 12.668
9017 12.304 1.000 -7.690 2828.680 10.788 9004.270 10.788 12.687
9018 12.409 1.000 -7.670 2852.990 10.796 9005.040 10.796 12.705
9019 12.493 1.000 -7.660 2872.100 10.804 9005.110 10.804 12.724
9020 12.478 1.000 -7.700 2868.680 10.763 9005.180 10.763 12.743
9021 12.528 1.000 -7.680 2880.310 10.809 9005.250 10.809 12.762
9022 12.635 1.000 -7.680 2904.800 11.107 9006.010 11.107 12.780
9023 12.648 1.000 -7.670 2907.850 11.107 9006.080 11.107 12.799
9024 12.676 1.000 -7.650 2914.370 11.132 9006.150 11.132 12.818
9025 12.678 1.000 -7.670 2914.630 11.066 9006.220 11.066 12.837
9026 12.736 1.000 -7.670 2928.150 11.195 9006.290 11.195 12.856
9027 12.724 1.000 -7.680 2925.420 11.078 9007.060 11.078 12.875
9028 12.792 1.000 -7.650 2940.910 11.144 9007.130 11.144 12.894
9029 12.820 1.000 -7.660 2947.420 11.069 9007.200 11.069 12.913
9030 12.866 1.000 -7.590 2957.990 11.157 9007.270 11.157 12.932
9031 12.924 1.000 -7.560 2971.320 11.090 9008.030 11.090 12.950
9032 12.867 1.000 -7.500 2958.140 10.797 9008.100 10.797 12.969
9033 12.843 1.000 -7.500 2952.660 10.771 9008.170 10.771 12.988
9034 12.771 1.000 -7.510 2936.210 10.780 9008.240 10.780 13.006
9035 12.869 1.000 -7.480 2958.540 10.792 9008.310 10.792 13.025
9036 12.914 1.000 -7.470 2969.000 10.809 9009.070 10.809 13.044
9037 12.918 1.000 -7.470 2970.020 10.818 9009.140 10.818 13.063
9038 12.901 1.000 -7.460 2966.110 10.830 9009.210 10.830 13.081
9039 12.978 1.000 -7.470 2983.640 10.847 9009.280 10.847 13.100
9040 13.069 1.000 -7.480 3004.550 10.864 9010.050 10.864 13.119
9041 13.032 1.000 -7.480 2996.060 10.686 9010.120 10.686 13.138
9042 13.115 1.000 -7.440 3015.140 10.750 9010.190 10.750 13.156
9043 13.144 1.000 -7.450 3021.890 10.750 9010.260 10.750 13.175
9044 13.200 1.000 -7.420 3034.830 10.809 9011.020 10.809 13.194
9045 13.251 1.000 -7.380 3046.570 10.843 9011.090 10.843 13.213
9046 13.315 1.000 -7.340 3061.120 10.929 9011.160 10.929 13.231
9047 13.353 1.000 -7.350 3069.830 10.958 9011.230 10.958 13.250
9048 13.364 1.000 -7.270 3072.560 10.993 9011.300 10.993 13.269
9049 13.476 1.000 -7.270 3098.150 11.189 9012.070 11.189 13.287
9050 13.487 1.000 -7.220 3100.800 11.181 9012.140 11.181 13.306
9051 13.495 1.000 -7.170 3102.550 11.139 9012.210 11.139 13.324
9052 13.510 1.000 -7.160 3105.940 11.130 9012.280 11.130 13.343
9101 13.575 1.000 -7.380 3121.040 11.260 9101.040 11.260 13.361
9102 13.570 1.000 -7.090 3119.780 11.122 9101.110 11.122 13.380
9103 13.624 1.000 -6.910 3132.150 11.074 9101.180 11.074 13.398
9104 13.653 1.000 -6.790 3138.780 11.091 9101.250 11.091 13.416
9105 13.762 1.000 -6.760 3163.920 11.100 9102.010 11.100 13.433
9106 13.807 1.000 -6.650 3174.350 11.109 9102.080 11.109 13.451
9107 13.825 1.000 -6.450 3178.520 11.078 9102.150 11.078 13.468
9108 13.780 1.000 -6.350 3168.050 10.956 9102.220 10.956 13.484
9109 13.698 1.000 -6.290 3149.180 10.730 9103.010 10.730 13.501
9110 13.745 1.000 -6.190 3160.110 10.712 9103.080 10.712 13.517
9111 13.791 1.000 -6.150 3170.540 10.730 9103.150 10.730 13.533
9112 13.779 1.000 -6.060 3167.760 10.708 9103.220 10.708 13.549
9113 13.828 1.000 -6.040 3179.060 10.830 9103.290 10.830 13.565
9114 13.892 1.000 -6.020 3193.880 10.918 9104.050 10.918 13.581
9115 13.926 1.000 -5.940 3201.750 10.936 9104.120 10.936 13.596
9116 13.881 1.000 -5.820 3191.300 10.870 9104.190 10.870 13.612
9117 13.938 1.000 -5.790 3204.450 10.914 9104.260 10.914 13.627
9118 13.978 1.000 -5.740 3213.570 10.923 9105.030 10.923 13.642
9119 13.969 1.000 -5.650 3211.640 10.905 9105.100 10.905 13.657
9120 13.999 1.000 -5.580 3218.440 10.914 9105.170 10.914 13.672
9121 14.039 1.000 -5.580 3227.720 10.927 9105.240 10.927 13.687
9122 14.054 1.000 -5.530 3231.190 10.936 9105.310 10.936 13.701
9123 13.963 1.000 -5.510 3210.150 10.945 9106.070 10.945 13.716
9124 13.996 1.000 -5.480 3217.790 10.954 9106.140 10.954 13.730
9125 14.011 1.000 -5.480 3221.300 10.954 9106.210 10.954 13.745
9126 14.068 1.000 -5.480 3234.300 10.963 9106.280 10.963 13.759
9127 14.033 1.000 -5.500 3226.330 10.972 9107.050 10.972 13.774
9128 14.100 1.000 -5.460 3241.730 10.981 9107.120 10.981 13.788
9129 14.123 1.000 -5.470 3246.900 10.989 9107.190 10.989 13.803
9130 14.185 1.000 -5.460 3261.310 10.998 9107.260 10.998 13.817
9131 14.287 1.000 -5.450 3284.750 11.177 9108.020 11.177 13.831
9132 14.367 1.000 -5.440 3303.060 11.195 9108.090 11.195 13.846
9133 14.463 1.000 -5.400 3325.150 11.320 9108.160 11.320 13.860
9134 14.442 1.000 -5.350 3320.320 11.275 9108.230 11.275 13.875
9135 14.493 1.000 -5.310 3331.940 11.383 9108.300 11.383 13.889
9136 14.552 1.000 -5.260 3345.520 11.446 9109.060 11.446 13.903
9137 14.619 1.000 -5.260 3361.070 11.535 9109.130 11.535 13.917
9138 14.657 1.000 -5.210 3369.710 11.634 9109.200 11.634 13.931
9139 14.720 1.000 -5.180 3384.200 11.625 9109.270 11.625 13.945
9140 14.805 1.000 -5.160 3403.630 11.634 9110.040 11.634 13.959
9141 14.815 1.000 -5.080 3406.040 11.589 9110.110 11.589 13.973
9142 14.819 1.000 -5.020 3406.980 11.598 9110.180 11.598 13.986
9143 14.795 1.000 -5.020 3401.370 11.616 9110.250 11.616 14.000
9144 14.918 1.000 -4.970 3429.660 11.634 9111.010 11.634 14.013
9145 14.957 1.000 -4.930 3438.720 11.607 9111.080 11.607 14.027
9146 15.028 1.000 -4.810 3455.060 11.634 9111.150 11.634 14.040
9147 15.030 1.000 -4.780 3455.560 11.634 9111.220 11.634 14.053
9148 15.085 1.000 -4.700 3468.230 11.634 9111.290 11.634 14.066
9149 15.202 1.000 -4.660 3495.030 11.634 9112.060 11.634 14.078
9150 15.244 1.000 -4.630 3504.700 11.652 9112.130 11.652 14.091
9151 15.364 1.000 -4.590 3532.240 11.652 9112.200 11.652 14.104
9152 15.410 1.000 -4.530 3542.890 11.652 9112.270 11.652 14.116
9201 15.423 1.000 -4.510 3545.890 11.671 9201.030 11.671 14.128
9202 15.413 1.000 -4.400 3543.510 11.680 9201.100 11.680 14.140
9203 15.319 1.000 -4.190 3522.020 11.671 9201.170 11.671 14.152
9204 15.286 1.000 -4.050 3514.380 11.689 9201.240 11.689 14.164
9205 15.313 1.000 -3.990 3520.560 11.689 9201.310 11.689 14.175
9206 15.383 1.000 -3.920 3536.520 11.698 9202.070 11.698 14.186
9207 15.282 1.000 -3.850 3513.460 11.698 9202.140 11.698 14.196
9208 15.243 1.000 -3.780 3504.370 11.707 9202.210 11.707 14.207
9209 15.359 1.000 -3.780 3531.200 11.689 9202.280 11.689 14.217
9210 15.244 1.000 -3.750 3504.600 11.716 9203.060 11.716 14.227
9211 15.142 1.000 -3.720 3481.220 11.716 9203.130 11.716 14.238
9212 15.180 1.000 -3.720 3489.850 11.726 9203.200 11.726 14.248
9213 15.274 1.000 -3.730 3511.540 11.707 9203.270 11.707 14.258
9214 15.394 1.000 -3.730 3539.210 11.726 9204.030 11.726 14.268
9215 15.477 1.000 -3.740 3558.170 11.744 9204.100 11.744 14.278
9216 15.437 1.000 -3.660 3549.110 11.735 9204.170 11.735 14.289
9217 15.446 1.000 -3.620 3551.080 11.744 9204.240 11.744 14.299
9218 15.469 1.000 -3.590 3556.370 11.735 9205.010 11.735 14.309
9219 15.541 1.000 -3.550 3573.010 11.744 9205.080 11.744 14.318
9220 15.625 1.000 -3.510 3592.280 11.800 9205.150 11.800 14.328
9221 15.613 1.000 -3.510 3589.460 11.790 9205.220 11.790 14.338
9222 15.658 1.000 -3.470 3599.940 11.781 9205.290 11.781 14.347
9223 15.694 1.000 -3.490 3608.210 11.781 9206.050 11.781 14.357
9224 15.747 1.000 -3.450 3620.230 11.772 9206.120 11.772 14.367
9225 15.788 1.000 -3.440 3629.730 11.837 9206.190 11.837 14.376
9226 15.861 1.000 -3.420 3646.540 11.902 9206.260 11.902 14.386
9227 16.024 1.000 -3.440 3683.910 12.126 9207.030 12.126 14.395
9228 16.093 1.000 -3.350 3699.970 12.126 9207.100 12.126 14.404
9229 16.154 1.000 -3.240 3713.810 12.089 9207.170 12.089 14.414
9230 16.235 1.000 -3.190 3732.410 12.276 9207.240 12.276 14.423
9231 16.195 1.000 -3.140 3723.370 12.435 9207.310 12.435 14.432
9232 16.328 1.000 -3.110 3753.890 12.538 9208.070 12.538 14.440
9233 16.366 1.000 -3.080 3762.740 12.576 9208.140 12.576 14.449
9234 16.380 1.000 -3.050 3765.800 12.547 9208.210 12.547 14.457
9235 16.353 1.000 -3.030 3759.620 12.463 9208.280 12.463 14.466
9236 16.534 1.000 -3.010 3801.250 12.698 9209.040 12.698 14.474
9237 16.543 1.000 -2.960 3803.310 12.717 9209.110 12.717 14.483
9238 16.549 1.000 -2.900 3804.590 12.670 9209.180 12.670 14.491
9239 16.587 1.000 -2.880 3813.370 12.660 9209.250 12.660 14.499
9240 16.670 1.000 -2.870 3832.420 12.698 9210.020 12.698 14.507
9241 16.527 1.000 -2.830 3799.620 12.424 9210.090 12.424 14.515
9242 16.526 1.000 -2.770 3799.390 12.462 9210.160 12.462 14.523
9243 16.376 1.000 -2.790 3764.950 12.443 9210.230 12.443 14.530
9244 16.396 1.000 -2.740 3769.600 12.453 9210.300 12.453 14.538
9245 16.336 1.000 -2.750 3755.800 12.462 9211.060 12.462 14.546
9246 16.352 1.000 -2.740 3759.320 12.462 9211.130 12.462 14.554
9247 16.362 1.000 -2.740 3761.810 12.462 9211.200 12.462 14.561
9248 16.315 1.000 -2.740 3750.940 12.424 9211.270 12.424 14.569
9249 16.395 1.000 -2.770 3769.180 12.538 9212.040 12.538 14.576
9250 16.418 1.000 -2.790 3774.690 12.662 9212.110 12.662 14.584
9251 16.469 1.000 -2.800 3786.320 12.690 9212.180 12.690 14.592
9252 16.518 1.000 -2.830 3797.610 12.796 9212.250 12.796 14.600
9253 16.541 1.000 -2.860 3802.780 12.748 9301.010 12.748 14.608
9301 16.584 1.000 -2.920 3812.640 12.671 9301.080 12.671 14.616
9302 16.695 1.000 -2.830 3838.370 12.844 9301.150 12.844 14.624
9303 16.744 1.000 -2.770 3849.620 12.931 9301.220 12.931 14.632
9304 16.856 1.000 -2.770 3875.340 13.086 9301.290 13.086 14.640
9305 16.924 1.000 -2.740 3890.850 13.192 9302.050 13.192 14.647
9306 16.893 1.000 -2.730 3883.680 13.182 9302.120 13.182 14.655
9307 17.032 1.000 -2.710 3915.780 13.356 9302.190 13.356 14.663
9308 17.111 1.000 -2.690 3933.890 13.531 9302.260 13.531 14.670
9309 17.173 1.000 -2.710 3948.090 13.783 9303.050 13.783 14.678
9310 17.054 1.000 -2.670 3920.890 13.589 9303.120 13.589 14.686
9311 17.155 1.000 -2.660 3944.100 13.686 9303.190 13.686 14.693
9312 17.118 1.000 -2.650 3935.600 13.637 9303.260 13.637 14.701
9313 17.135 1.000 -2.660 3939.420 13.579 9304.020 13.579 14.708
9314 17.253 1.000 -2.670 3966.440 13.559 9304.090 13.559 14.716
9315 17.305 1.000 -2.640 3978.560 13.618 9304.160 13.618 14.723
9316 17.339 1.000 -2.630 3986.330 13.608 9304.230 13.608 14.731
9317 17.315 1.000 -2.610 3980.750 13.618 9304.300 13.618 14.738
9318 17.372 1.000 -2.620 3993.950 13.618 9305.070 13.618 14.745
9319 17.312 1.000 -2.590 3980.180 13.608 9305.140 13.608 14.753
9320 17.248 1.000 -2.600 3965.500 13.579 9305.210 13.579 14.760
9321 17.248 1.000 -2.590 3965.500 13.618 9305.280 13.618 14.768
9322 17.264 1.000 -2.620 3969.080 13.608 9306.040 13.608 14.775
9323 17.366 1.000 -2.620 3992.630 13.559 9306.110 13.559 14.782
9324 17.386 1.000 -2.620 3997.040 13.579 9306.180 13.579 14.790
9325 17.468 1.000 -2.620 4015.910 13.569 9306.250 13.569 14.797
9326 17.552 1.000 -2.630 4035.360 13.618 9307.020 13.618 14.805
9327 17.559 1.000 -2.630 4036.960 13.667 9307.090 13.667 14.812
9328 17.589 1.000 -2.640 4043.830 13.687 9307.160 13.687 14.820
9329 17.461 1.000 -2.630 4014.380 13.727 9307.230 13.727 14.827
9330 17.541 1.000 -2.650 4032.860 13.727 9307.300 13.727 14.835
9331 17.559 1.000 -2.650 4036.880 13.815 9308.060 13.815 14.842
9332 17.633 1.000 -2.640 4053.860 13.825 9308.130 13.825 14.850
9333 17.698 1.000 -2.640 4068.870 13.875 9308.200 13.875 14.857
9334 17.778 1.000 -2.640 4087.190 14.172 9308.270 14.172 14.865
9335 17.906 1.000 -2.640 4116.680 14.410 9309.030 14.410 14.872
9336 17.902 1.000 -2.640 4115.810 14.410 9309.100 14.410 14.880
9337 17.856 1.000 -2.640 4105.100 14.261 9309.170 14.261 14.887
9338 17.879 1.000 -2.650 4110.420 14.221 9309.240 14.221 14.895
9339 17.913 1.000 -2.650 4118.210 14.311 9310.010 14.311 14.902
9340 17.977 1.000 -2.680 4133.050 14.470 9310.080 14.470 14.910
9341 18.019 1.000 -2.640 4142.560 14.639 9310.150 14.639 14.918
9342 17.932 1.000 -2.650 4122.700 14.301 9310.220 14.301 14.925
9343 17.912 1.000 -2.640 4118.150 14.271 9310.290 14.271 14.933
9344 17.786 1.000 -2.660 4088.980 13.892 9311.050 13.892 14.940
9345 17.848 1.000 -2.650 4103.280 14.051 9311.120 14.051 14.948
9346 17.789 1.000 -2.670 4089.730 13.842 9311.190 13.842 14.955
9347 17.858 1.000 -2.670 4105.680 13.842 9311.260 13.842 14.963
9348 17.851 1.000 -2.690 4104.030 13.842 9312.030 13.842 14.971
9349 17.867 1.000 -2.690 4107.700 13.892 9312.100 13.892 14.979
9350 17.892 1.000 -2.690 4113.450 13.847 9312.170 13.847 14.986
9351 17.942 1.000 -2.710 4124.960 13.807 9312.240 13.807 14.994
9352 17.906 1.000 -2.720 4116.710 13.706 9312.310 13.706 15.002
9401 18.019 1.000 -2.750 4142.630 13.807 9401.070 13.807 15.010
9402 17.997 1.000 -2.710 4137.630 13.807 9401.140 13.807 15.018
9403 18.049 1.000 -2.690 4149.640 13.897 9401.210 13.897 15.025
9404 18.087 1.000 -2.680 4158.350 14.029 9401.280 14.029 15.033
9405 17.939 1.000 -2.680 4124.340 13.776 9402.040 13.776 15.041
9406 17.934 1.000 -2.710 4123.080 13.715 9402.110 13.715 15.049
9407 17.857 1.000 -2.750 4105.370 13.472 9402.180 13.472 15.056
9408 17.809 1.000 -2.770 4094.280 13.350 9402.250 13.350 15.064
9409 17.719 1.000 -2.790 4073.780 13.401 9403.040 13.401 15.072
9410 17.700 1.000 -2.810 4069.270 13.401 9403.110 13.401 15.080
9411 17.668 1.000 -2.830 4061.910 13.411 9403.180 13.411 15.088
9412 17.634 1.000 -2.860 4054.140 13.411 9403.250 13.411 15.097
9413 17.593 1.000 -2.930 4044.810 13.432 9404.010 13.432 15.105
9414 17.501 1.000 -2.970 4023.460 13.411 9404.080 13.411 15.113
9415 17.502 1.000 -3.000 4023.860 13.442 9404.150 13.442 15.122
9416 17.500 1.000 -3.040 4023.350 13.574 9404.220 13.574 15.131
9417 17.474 1.000 -3.130 4017.270 13.472 9404.290 13.472 15.140
9418 17.315 1.000 -3.150 3980.770 13.165 9405.060 13.165 15.149
9419 17.372 1.000 -3.240 3993.830 13.257 9405.130 13.257 15.158
9420 17.548 1.000 -3.310 4034.280 13.503 9405.200 13.503 15.167
9421 17.497 1.000 -3.470 4022.560 13.400 9405.270 13.400 15.177
9422 17.584 1.000 -3.510 4042.700 13.400 9406.030 13.400 15.187
9423 17.614 1.000 -3.570 4049.550 13.410 9406.100 13.410 15.197
9424 17.593 1.000 -3.590 4044.640 13.410 9406.170 13.410 15.208
9425 17.541 1.000 -3.630 4032.870 13.421 9406.240 13.421 15.218
9426 17.505 1.000 -3.640 4024.390 13.421 9407.010 13.421 15.229
9427 17.482 1.000 -3.700 4019.120 13.431 9407.080 13.431 15.239
9428 17.604 1.000 -3.750 4047.300 13.441 9407.150 13.441 15.250
9429 17.590 1.000 -3.780 4044.020 13.441 9407.220 13.441 15.261
9430 17.720 1.000 -3.800 4073.960 13.452 9407.290 13.452 15.272
9431 17.626 1.000 -3.830 4052.340 13.462 9408.050 13.462 15.283
9432 17.640 1.000 -3.850 4055.560 13.452 9408.120 13.452 15.294
9433 17.679 1.000 -3.880 4064.460 13.452 9408.190 13.452 15.306
9434 17.728 1.000 -4.030 4075.830 13.452 9408.260 13.452 15.317
9435 17.774 1.000 -4.080 4086.430 13.483 9409.020 13.483 15.329
9436 17.679 1.000 -4.120 4064.380 13.493 9409.090 13.493 15.341
9437 17.666 1.000 -4.140 4061.490 13.493 9409.160 13.493 15.353
9438 17.639 1.000 -4.170 4055.380 13.504 9409.230 13.504 15.365
9439 17.620 1.000 -4.200 4050.920 13.514 9409.300 13.514 15.378
9440 17.613 1.000 -4.260 4049.270 13.514 9410.070 13.514 15.390
9441 17.678 1.000 -4.290 4064.260 13.524 9410.140 13.524 15.403
9442 17.606 1.000 -4.310 4047.610 13.535 9410.210 13.535 15.415
9443 17.628 1.000 -4.350 4052.860 13.545 9410.280 13.545 15.428
9444 17.528 1.000 -4.400 4029.800 13.566 9411.040 13.566 15.441
9445 17.547 1.000 -4.410 4034.230 13.619 9411.110 13.619 15.454
9446 17.523 1.000 -4.500 4028.560 13.587 9411.180 13.587 15.467
9447 17.617 1.000 -4.770 4050.350 13.577 9411.250 13.577 15.480
9448 17.570 1.000 -4.840 4039.390 13.566 9412.020 13.566 15.494
9449 17.557 1.000 -4.910 4036.530 13.556 9412.090 13.556 15.509
9450 17.510 1.000 -4.970 4025.620 13.656 9412.160 13.656 15.523
9451 17.499 1.000 -5.040 4023.190 13.708 9412.230 13.708 15.538
9452 17.540 1.000 -5.120 4032.430 13.645 9412.300 13.645 15.553
9501 17.552 1.000 -5.180 4035.250 13.687 9501.060 13.687 15.569
9502 17.707 1.000 -5.180 4070.840 13.656 9501.130 13.656 15.584
9503 17.654 1.000 -5.160 4058.640 13.656 9501.200 13.656 15.599
9504 17.806 1.000 -5.170 4093.640 13.666 9501.270 13.666 15.615
9505 17.895 1.000 -5.230 4114.080 13.677 9502.030 13.677 15.630
9506 17.862 1.000 -5.370 4106.660 13.539 9502.100 13.539 15.646
9507 18.000 1.000 -5.430 4138.360 13.592 9502.170 13.592 15.662
9508 18.114 1.000 -5.480 4164.460 13.773 9502.240 13.773 15.678
9509 18.123 1.000 -5.490 4166.500 13.826 9503.030 13.826 15.695
9510 18.164 1.000 -5.490 4176.060 13.858 9503.100 13.858 15.711
9511 18.283 1.000 -5.500 4203.280 13.869 9503.170 13.869 15.728
9512 18.328 1.000 -5.520 4213.770 13.858 9503.240 13.858 15.745
9513 18.275 1.000 -5.530 4201.540 13.869 9503.310 13.869 15.761
9514 18.374 1.000 -5.580 4224.270 13.880 9504.070 13.880 15.778
9515 18.459 1.000 -5.530 4243.730 13.912 9504.140 13.912 15.795
9516 18.516 1.000 -5.540 4256.900 13.912 9504.210 13.912 15.812
9517 18.488 1.000 -5.510 4250.520 13.923 9504.280 13.923 15.828
9518 18.728 1.000 -5.530 4305.590 13.933 9505.050 13.933 15.845
9519 18.744 1.000 -5.510 4309.440 13.966 9505.120 13.966 15.862
9520 18.774 1.000 -5.520 4316.320 13.955 9505.190 13.955 15.879
9521 18.927 1.000 -5.510 4351.360 13.966 9505.260 13.966 15.896
9522 19.157 1.000 -5.510 4404.230 14.009 9506.020 14.009 15.912
9523 18.947 1.000 -5.500 4355.950 13.976 9506.090 13.976 15.929
9524 19.108 1.000 -5.490 4392.950 13.987 9506.160 13.987 15.946
9525 19.205 1.000 -5.490 4415.370 13.998 9506.230 13.998 15.963
9526 19.138 1.000 -5.460 4399.860 13.998 9506.300 13.998 15.980
9527 19.287 1.000 -5.470 4434.240 14.030 9507.070 14.030 15.996
9528 19.227 1.000 -5.420 4420.460 14.030 9507.140 14.030 16.013
9529 19.058 1.000 -5.340 4381.430 14.009 9507.210 14.009 16.030
9530 19.099 1.000 -5.320 4391.060 14.031 9507.280 14.031 16.046
9531 19.131 1.000 -5.310 4398.410 14.052 9508.040 14.052 16.062
9532 19.073 1.000 -5.290 4384.990 14.052 9508.110 14.052 16.079
9533 19.086 1.000 -5.270 4388.050 14.052 9508.180 14.052 16.095
9534 19.245 1.000 -5.270 4424.540 14.063 9508.250 14.063 16.111
9535 19.330 1.000 -5.250 4443.980 14.107 9509.010 14.107 16.128
9536 19.334 1.000 -5.250 4444.870 14.129 9509.080 14.129 16.144
9537 19.428 1.000 -5.240 4466.480 14.129 9509.150 14.129 16.160
9538 19.370 1.000 -5.250 4453.290 14.129 9509.220 14.129 16.176
9539 19.416 1.000 -5.210 4463.800 14.129 9509.290 14.129 16.193
9540 19.500 1.000 -5.290 4483.210 14.151 9510.060 14.151 16.209
9541 19.579 1.000 -5.200 4501.230 14.392 9510.130 14.392 16.225
9542 19.553 1.000 -5.210 4495.410 14.304 9510.200 14.304 16.242
9543 19.607 1.000 -5.200 4507.710 14.238 9510.270 14.238 16.258
Comparison of change
Rightime Government Securities Fund in value of $10,000
Shearson Lehman Hutton investment in the
U.S. Treasury Intermediate Index Rightime Government
Money Market Fund Index Securities Fund,
Shearson Lehman
Hutton U.S. Treasury
Intermediate Index
and Money Market
Fund Index.
</TABLE>
October 31, 1995
Rightime The Rightime Blue Chip Fund
Family of Funds Performance Comparison
- -------------------------------------------------------------------------
Our fiscal year ending October 31, 1995 was an excellent year for equity
investments, especially those invested in blue chip stocks. Stocks
rallied as the uncertainty and gloom of 1994 dissipated. Prices were
driven higher by strong earnings growth and declining interest rates.
Large-capitalization stocks outperformed mid-cap and small-cap stocks
overall and the volatile technology sector was the rally's performance
leader.
Guided by the Rightime Market Model (RTMM(registered trademark)),
Rightime Blue Chip Fund established a fully invested position in early
February 1995. The model provided the discipline to invest in equities
even though blue chip stock indexes were at new highs.
Fiscal 1994 was a turbulent year marked by a struggle between good
earnings and rising interest rates. As 1995 began, the strong earnings
continued, and the negative of rising rates turned positive as rates
began to decline. RTMM(registered trademark) recognized this change and
the effect on equity valuations, keeping the Fund's assets fully
invested in stocks. In hindsight, we can see that this was an excellent
buying opportunity as blue chip stocks have posted significant returns.
The Fund remains fully invested, and continues to adhere to the
allocations determined by the Rightime Market Model (RTMM(registered
trademark)). The Fund utilizes a large-capitalization broadly
diversified portfolio of stocks as its equity holding.
- --------------------------------------------------
Average Annual Total Return
- --------------------------------------------------
Since Inception
1 Year 5 Years July 22, 1987
- --------------------------------------------------
16.50% 11.11% 8.94%
- --------------------------------------------------
Performance Comparison
The "Performance Comparison" chart assesses the Rightime Blue Chip
Fund's performance against the S&P 500 Index, an unmanaged index of
common stock prices. The "Risk Adjusted Performance Comparison" more
closely reflects the fund's performance as compared to a consistent risk
level.
The Rightime Blue Chip Fund utilizes a modeled approach to investing
which attempts to minimize risk by moving assets to money market
equivalent investments during periods in which the market appears to be
overvalued. This approach, over full market cycles, tends to invest in
low risk, or money market-like securities approximately half of the
time. In order to provide an equivalent risk level this comparison
assumes that assets are invested half in the S&P 500 Index and half in a
money market fund index. This balanced index approaches the risk level
of each fund that has been in existence for at least one full market
cycle and therefore provides a more meaningful performance comparison.
The performance shown represents past performance and is not a guarantee
of future results. A mutual fund's share price and investment return
will vary with market conditions, and the principal value of shares,
when redeemed, may be more or less than the original cost.
Average annual total returns are historical in nature and measure net
investment income and capital gain or loss from portfolio investments
assuming reinvestment of dividends and reflecting the 4.75% sales
charge.
Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
sp_500_ndx.w.f0 rtmmyld.w rightime_bcf.temp rightime_bcf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 8728 7.349 1.000 -9.190 7.349 8.934 8707.100 8.934 10.000
mx 9543 24.746 1.000 -2.590 24.746 20.583 9510.270 20.583 15.780
cl 9543 24.431 1.000 -5.200 24.431 20.310 9510.270 20.310 15.780
xb 434 14.617 1.000 -5.496 14.617 13.565 9123.119 13.565 13.093
sd 4.186 0.000 2.009 4.186 2.914 242.142 2.914 1.677
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_bcf.temp -> 3.323 0.489 0.475 8.881 -0.069 9.743
sp_500_ndx.w.f0 -> 0.000 1.000 1.000 11.324 0.000 13.714
defensive -> 5.624 0.001 0.001 5.631 1.102 0.278
- --------------------------------------------------------------------------------
8728 10.000 1.000 -6.060 10.000 10.000 8707.100 10.000 10.000
8729 10.207 1.000 -6.050 10.207 9.525 8707.170 9.525 10.012
8730 10.040 1.000 -6.010 10.040 9.525 8707.240 9.525 10.023
8731 10.351 1.000 -5.950 10.351 9.529 8707.310 9.529 10.035
8732 10.497 1.000 -5.990 10.497 9.536 8708.070 9.536 10.046
8733 10.860 1.000 -6.000 10.860 9.544 8708.140 9.544 10.058
8734 10.928 1.000 -6.000 10.928 9.548 8708.210 9.548 10.069
8735 10.645 1.000 -5.990 10.645 9.555 8708.280 9.555 10.081
8736 10.314 1.000 -6.030 10.314 9.563 8709.040 9.563 10.093
8737 10.492 1.000 -6.040 10.492 9.571 8709.110 9.571 10.104
8738 10.265 1.000 -6.040 10.265 9.582 8709.180 9.582 10.116
8739 10.444 1.000 -6.250 10.444 9.590 8709.250 9.590 10.128
8740 10.707 1.000 -6.340 10.707 9.597 8710.020 9.597 10.140
8741 10.157 1.000 -6.450 10.157 9.605 8710.090 9.605 10.152
8742 9.236 1.000 -6.560 9.236 9.616 8710.160 9.616 10.165
8743 8.115 1.000 -6.700 8.115 9.624 8710.230 9.624 10.177
8744 8.237 1.000 -6.530 8.237 9.632 8710.300 9.632 10.191
8745 8.197 1.000 -6.470 8.197 9.521 8711.060 9.521 10.203
8746 8.046 1.000 -6.490 8.046 9.464 8711.130 9.464 10.216
8747 7.932 1.000 -6.470 7.932 9.266 8711.200 9.266 10.229
8748 7.882 1.000 -6.430 7.882 9.293 8711.270 9.293 10.241
8749 7.349 1.000 -6.420 7.349 8.934 8712.040 8.934 10.254
8750 7.728 1.000 -6.460 7.728 9.194 8712.110 9.194 10.267
8751 8.188 1.000 -6.510 8.188 9.670 8712.180 9.670 10.279
8752 8.287 1.000 -6.610 8.287 9.788 8712.250 9.788 10.292
8753 8.130 1.000 -6.690 8.130 9.558 8801.010 9.558 10.305
8801 8.015 1.000 -6.800 8.015 9.386 8801.080 9.386 10.318
8802 8.305 1.000 -6.570 8.305 9.715 8801.150 9.715 10.332
8803 8.128 1.000 -6.480 8.128 9.516 8801.220 9.516 10.345
8804 8.482 1.000 -6.390 8.482 9.910 8801.290 9.910 10.358
8805 8.286 1.000 -6.330 8.286 9.692 8802.050 9.692 10.370
8806 8.512 1.000 -6.230 8.512 9.933 8802.120 9.933 10.383
8807 8.649 1.000 -6.140 8.649 10.041 8802.190 10.041 10.395
8808 8.683 1.000 -6.160 8.683 10.117 8802.260 10.117 10.408
8809 8.849 1.000 -6.100 8.849 10.305 8803.040 10.305 10.420
8810 8.777 1.000 -6.050 8.777 10.217 8803.110 10.217 10.432
8811 8.987 1.000 -6.060 8.987 10.412 8803.180 10.412 10.444
8812 8.575 1.000 -6.040 8.575 9.872 8803.250 9.872 10.456
8813 8.593 1.000 -6.040 8.593 9.922 8804.010 9.922 10.469
8814 8.950 1.000 -6.050 8.950 10.156 8804.080 10.156 10.481
8815 8.635 1.000 -6.100 8.635 10.167 8804.150 10.167 10.493
8816 8.654 1.000 -6.090 8.654 10.178 8804.220 10.178 10.505
8817 8.700 1.000 -6.140 8.700 10.186 8804.290 10.186 10.517
8818 8.578 1.000 -6.130 8.578 10.198 8805.060 10.198 10.530
8819 8.561 1.000 -6.140 8.561 10.205 8805.130 10.205 10.542
8820 8.443 1.000 -6.270 8.443 10.213 8805.200 10.213 10.555
8821 8.462 1.000 -6.290 8.462 10.224 8805.270 10.224 10.567
8822 8.904 1.000 -6.370 8.904 10.236 8806.030 10.236 10.580
8823 9.071 1.000 -6.420 9.071 10.244 8806.100 10.244 10.593
8824 9.058 1.000 -6.500 9.058 10.205 8806.170 10.205 10.606
8825 9.169 1.000 -6.560 9.169 10.324 8806.240 10.324 10.619
8826 9.108 1.000 -6.500 9.108 10.255 8807.010 10.255 10.633
8827 9.056 1.000 -6.680 9.056 10.190 8807.080 10.190 10.646
8828 9.130 1.000 -6.700 9.130 10.263 8807.150 10.263 10.659
8829 8.956 1.000 -6.810 8.956 9.930 8807.220 9.930 10.673
8830 9.142 1.000 -6.910 9.142 9.926 8807.290 9.926 10.687
8831 9.119 1.000 -6.950 9.119 9.930 8808.050 9.930 10.701
8832 8.836 1.000 -6.980 8.836 9.945 8808.120 9.945 10.715
8833 8.765 1.000 -7.140 8.765 9.956 8808.190 9.956 10.730
8834 8.752 1.000 -7.220 8.752 9.964 8808.260 9.964 10.745
8835 8.920 1.000 -7.270 8.920 9.976 8809.020 9.976 10.759
8836 9.006 1.000 -7.370 9.006 9.983 8809.090 9.983 10.774
8837 9.141 1.000 -7.390 9.141 9.987 8809.160 9.987 10.790
8838 9.118 1.000 -7.420 9.118 9.983 8809.230 9.983 10.805
8839 9.197 1.000 -7.430 9.197 10.018 8809.300 10.018 10.820
8840 9.412 1.000 -7.480 9.412 10.221 8810.070 10.221 10.836
8841 9.331 1.000 -7.470 9.331 10.129 8810.140 10.129 10.851
8842 9.614 1.000 -7.490 9.614 10.408 8810.210 10.408 10.867
8843 9.446 1.000 -7.540 9.446 10.224 8810.280 10.224 10.882
8844 9.378 1.000 -7.550 9.378 10.159 8811.040 10.159 10.898
8845 9.099 1.000 -7.560 9.099 9.872 8811.110 9.872 10.914
8846 9.057 1.000 -7.600 9.057 9.822 8811.180 9.822 10.930
8847 9.089 1.000 -7.680 9.089 9.769 8811.250 9.769 10.946
8848 9.251 1.000 -7.750 9.251 9.776 8812.020 9.776 10.962
8849 9.435 1.000 -7.850 9.435 9.765 8812.090 9.765 10.978
8850 9.417 1.000 -7.950 9.417 9.788 8812.160 9.788 10.995
8851 9.477 1.000 -8.090 9.477 9.803 8812.230 9.803 11.011
8852 9.478 1.000 -8.180 9.478 9.807 8812.300 9.807 11.028
8901 9.586 1.000 -8.390 9.586 9.807 8901.060 9.807 11.046
8902 9.702 1.000 -8.280 9.702 9.909 8901.130 9.909 11.064
8903 9.802 1.000 -8.350 9.802 10.003 8901.200 10.003 11.081
8904 10.055 1.000 -8.380 10.055 10.257 8901.270 10.257 11.099
8905 10.169 1.000 -8.400 10.169 10.375 8902.030 10.375 11.117
8906 10.006 1.000 -8.370 10.006 10.224 8902.100 10.224 11.135
8907 10.175 1.000 -8.440 10.175 10.396 8902.170 10.396 11.152
8908 9.852 1.000 -8.520 9.852 10.052 8902.240 10.052 11.171
8909 9.997 1.000 -8.650 9.997 10.048 8903.030 10.048 11.189
8910 10.062 1.000 -8.750 10.062 10.057 8903.100 10.057 11.207
8911 10.062 1.000 -8.850 10.062 10.085 8903.170 10.085 11.226
8912 9.941 1.000 -8.950 9.941 10.085 8903.240 10.085 11.245
8913 10.151 1.000 -9.040 10.151 10.102 8903.310 10.102 11.264
8914 10.237 1.000 -9.080 10.237 10.106 8904.070 10.106 11.284
8915 10.389 1.000 -9.140 10.389 10.122 8904.140 10.122 11.304
8916 10.681 1.000 -9.190 10.681 10.146 8904.210 10.146 11.323
8917 10.690 1.000 -9.190 10.690 10.183 8904.280 10.183 11.343
8918 10.627 1.000 -9.150 10.627 10.130 8905.050 10.130 11.363
8919 10.850 1.000 -9.150 10.850 10.343 8905.120 10.343 11.383
8920 11.114 1.000 -9.160 11.114 10.404 8905.190 10.404 11.403
8921 11.133 1.000 -9.140 11.133 10.404 8905.260 10.404 11.423
8922 11.277 1.000 -9.110 11.277 10.522 8906.020 10.522 11.443
8923 11.325 1.000 -9.080 11.325 10.563 8906.090 10.563 11.463
8924 11.148 1.000 -8.940 11.148 10.392 8906.160 10.392 11.483
8925 11.386 1.000 -8.890 11.386 10.616 8906.230 10.616 11.503
8926 11.046 1.000 -8.890 11.046 10.294 8906.300 10.294 11.523
8927 11.294 1.000 -8.850 11.294 10.522 8907.070 10.522 11.542
8928 11.543 1.000 -8.750 11.543 10.743 8907.140 10.743 11.562
8929 11.691 1.000 -8.660 11.691 10.866 8907.210 10.866 11.581
8930 11.917 1.000 -8.600 11.917 11.070 8907.280 11.070 11.601
8931 11.986 1.000 -8.470 11.986 11.135 8908.040 11.135 11.620
8932 12.022 1.000 -8.330 12.022 11.168 8908.110 11.168 11.639
8933 12.075 1.000 -8.330 12.075 11.209 8908.180 11.209 11.657
8934 12.239 1.000 -8.340 12.239 11.348 8908.250 11.348 11.676
8935 12.359 1.000 -8.290 12.359 11.454 8909.010 11.454 11.694
8936 12.192 1.000 -8.240 12.192 11.295 8909.080 11.295 11.713
8937 12.071 1.000 -8.270 12.071 11.172 8909.150 11.172 11.732
8938 12.148 1.000 -8.260 12.148 11.176 8909.220 11.176 11.750
8939 12.229 1.000 -8.260 12.229 11.315 8909.290 11.315 11.769
8940 12.574 1.000 -8.280 12.574 11.634 8910.060 11.634 11.787
8941 11.701 1.000 -8.260 11.701 10.808 8910.130 10.808 11.806
8942 12.183 1.000 -8.210 12.183 11.135 8910.200 11.135 11.825
8943 11.766 1.000 -8.140 11.766 11.135 8910.270 11.135 11.843
8944 11.863 1.000 -8.120 11.863 11.160 8911.030 11.160 11.862
8945 11.923 1.000 -8.070 11.923 11.160 8911.100 11.160 11.880
8946 12.019 1.000 -8.010 12.019 11.250 8911.170 11.250 11.899
8947 12.110 1.000 -7.990 12.110 11.327 8911.240 11.327 11.917
8948 12.352 1.000 -7.930 12.352 11.548 8912.010 11.548 11.935
8949 12.291 1.000 -7.940 12.291 11.577 8912.080 11.577 11.953
8950 12.350 1.000 -7.900 12.350 11.605 8912.150 11.605 11.972
8951 12.262 1.000 -7.910 12.262 11.618 8912.220 11.618 11.990
8952 12.481 1.000 -7.870 12.481 11.725 8912.290 11.725 12.008
9001 12.446 1.000 -8.060 12.446 11.669 9001.050 11.669 12.026
9002 12.020 1.000 -7.800 12.020 11.259 9001.120 11.259 12.045
9003 12.000 1.000 -7.740 12.000 11.168 9001.190 11.168 12.063
9004 11.535 1.000 -7.700 11.535 11.229 9001.260 11.229 12.081
9005 11.724 1.000 -7.700 11.724 11.216 9002.020 11.216 12.098
9006 11.827 1.000 -7.660 11.827 11.342 9002.090 11.342 12.116
9007 11.803 1.000 -7.650 11.803 11.316 9002.160 11.316 12.134
9008 11.506 1.000 -7.650 11.506 11.028 9002.230 11.028 12.152
9009 11.918 1.000 -7.650 11.918 11.416 9003.020 11.416 12.170
9010 12.011 1.000 -7.630 12.011 11.503 9003.090 11.503 12.188
9011 12.160 1.000 -7.650 12.160 11.634 9003.160 11.634 12.205
9012 12.001 1.000 -7.670 12.001 11.477 9003.230 11.477 12.223
9013 12.105 1.000 -7.690 12.105 11.573 9003.300 11.573 12.241
9014 12.119 1.000 -7.670 12.119 11.582 9004.060 11.582 12.259
9015 12.279 1.000 -7.690 12.279 11.721 9004.130 11.721 12.277
9016 11.959 1.000 -7.690 11.959 11.808 9004.200 11.808 12.296
9017 11.754 1.000 -7.690 11.754 11.817 9004.270 11.817 12.314
9018 12.094 1.000 -7.670 12.094 11.821 9005.040 11.821 12.332
9019 12.589 1.000 -7.660 12.589 11.839 9005.110 11.839 12.350
9020 12.692 1.000 -7.700 12.692 11.808 9005.180 11.808 12.368
9021 12.699 1.000 -7.680 12.699 11.821 9005.250 11.821 12.386
9022 13.015 1.000 -7.680 13.015 12.109 9006.010 12.109 12.405
9023 12.865 1.000 -7.670 12.865 11.965 9006.080 11.965 12.423
9024 13.024 1.000 -7.650 13.024 12.113 9006.150 12.113 12.441
9025 12.764 1.000 -7.670 12.765 11.861 9006.220 11.861 12.459
9026 12.866 1.000 -7.670 12.866 11.826 9006.290 11.826 12.478
9027 12.889 1.000 -7.680 12.889 11.826 9007.060 11.826 12.496
9028 13.217 1.000 -7.650 13.217 12.109 9007.130 12.109 12.515
9029 13.020 1.000 -7.660 13.020 11.926 9007.200 11.926 12.533
9030 12.734 1.000 -7.590 12.734 11.708 9007.270 11.708 12.551
9031 12.434 1.000 -7.560 12.434 11.730 9008.030 11.730 12.570
9032 12.105 1.000 -7.500 12.105 11.730 9008.100 11.730 12.588
9033 11.836 1.000 -7.500 11.836 11.752 9008.170 11.752 12.606
9034 11.255 1.000 -7.510 11.255 11.773 9008.240 11.773 12.624
9035 11.663 1.000 -7.480 11.663 11.813 9008.310 11.813 12.642
9036 11.702 1.000 -7.470 11.702 11.773 9009.070 11.773 12.660
9037 11.472 1.000 -7.470 11.472 11.821 9009.140 11.821 12.678
9038 11.281 1.000 -7.460 11.281 11.808 9009.210 11.808 12.697
9039 11.098 1.000 -7.470 11.098 11.839 9009.280 11.839 12.715
9040 11.305 1.000 -7.480 11.305 11.826 9010.050 11.826 12.733
9041 10.897 1.000 -7.480 10.897 11.338 9010.120 11.338 12.751
9042 11.358 1.000 -7.440 11.358 11.429 9010.190 11.429 12.770
9043 11.084 1.000 -7.450 11.084 11.425 9010.260 11.425 12.788
9044 11.353 1.000 -7.420 11.353 11.429 9011.020 11.429 12.806
9045 11.430 1.000 -7.380 11.430 11.438 9011.090 11.438 12.824
9046 11.562 1.000 -7.340 11.562 11.473 9011.160 11.473 12.842
9047 11.497 1.000 -7.350 11.497 11.329 9011.230 11.329 12.861
9048 11.766 1.000 -7.270 11.766 11.595 9011.300 11.595 12.879
9049 11.977 1.000 -7.270 11.977 11.791 9012.070 11.791 12.897
9050 11.951 1.000 -7.220 11.951 11.756 9012.140 11.756 12.915
9051 12.140 1.000 -7.170 12.140 11.939 9012.210 11.939 12.932
9052 12.038 1.000 -7.160 12.038 11.831 9012.280 11.831 12.950
9101 11.764 1.000 -7.380 11.764 11.553 9101.040 11.553 12.968
9102 11.560 1.000 -7.090 11.560 11.349 9101.110 11.349 12.986
9103 12.191 1.000 -6.910 12.191 11.958 9101.180 11.958 13.004
9104 12.340 1.000 -6.790 12.340 12.099 9101.250 12.099 13.021
9105 12.604 1.000 -6.760 12.604 12.352 9102.010 12.352 13.038
9106 13.211 1.000 -6.650 13.211 12.951 9102.080 12.951 13.055
9107 13.576 1.000 -6.450 13.576 13.302 9102.150 13.302 13.072
9108 13.458 1.000 -6.350 13.458 13.185 9102.220 13.185 13.088
9109 13.644 1.000 -6.290 13.644 13.360 9103.010 13.360 13.104
9110 13.817 1.000 -6.190 13.817 13.526 9103.080 13.526 13.120
9111 13.774 1.000 -6.150 13.774 13.477 9103.150 13.477 13.135
9112 13.557 1.000 -6.060 13.557 13.258 9103.220 13.258 13.151
9113 13.851 1.000 -6.040 13.851 13.526 9103.290 13.526 13.166
9114 13.865 1.000 -6.020 13.865 13.536 9104.050 13.536 13.181
9115 14.060 1.000 -5.940 14.060 13.721 9104.120 13.721 13.197
9116 14.210 1.000 -5.820 14.210 13.857 9104.190 13.857 13.212
9117 14.028 1.000 -5.790 14.028 13.667 9104.260 13.667 13.226
9118 14.103 1.000 -5.740 14.103 13.735 9105.030 13.735 13.241
9119 13.924 1.000 -5.650 13.924 13.570 9105.100 13.570 13.256
9120 13.810 1.000 -5.580 13.810 13.458 9105.170 13.458 13.270
9121 14.008 1.000 -5.580 14.008 13.648 9105.240 13.648 13.284
9122 14.475 1.000 -5.530 14.475 14.091 9105.310 14.091 13.298
9123 14.098 1.000 -5.510 14.098 13.726 9106.070 13.726 13.312
9124 14.214 1.000 -5.480 14.214 13.711 9106.140 13.711 13.327
9125 14.054 1.000 -5.480 14.054 13.745 9106.210 13.745 13.341
9126 13.818 1.000 -5.480 13.818 13.769 9106.280 13.769 13.355
9127 13.936 1.000 -5.500 13.936 13.740 9107.050 13.740 13.369
9128 14.175 1.000 -5.460 14.175 13.726 9107.120 13.726 13.383
9129 14.332 1.000 -5.470 14.332 13.735 9107.190 13.735 13.397
9130 14.218 1.000 -5.460 14.218 13.769 9107.260 13.769 13.411
9131 14.460 1.000 -5.450 14.460 13.784 9108.020 13.784 13.425
9132 14.467 1.000 -5.440 14.467 13.799 9108.090 13.799 13.439
9133 14.418 1.000 -5.400 14.418 13.813 9108.160 13.813 13.453
9134 14.749 1.000 -5.350 14.749 13.808 9108.230 13.808 13.467
9135 14.805 1.000 -5.310 14.805 13.833 9108.300 13.833 13.481
9136 14.577 1.000 -5.260 14.577 13.614 9109.060 13.614 13.494
9137 14.379 1.000 -5.260 14.379 13.424 9109.130 13.424 13.508
9138 14.551 1.000 -5.210 14.551 13.584 9109.200 13.584 13.522
9139 14.484 1.000 -5.180 14.484 13.511 9109.270 13.511 13.535
9140 14.318 1.000 -5.160 14.318 13.355 9110.040 13.355 13.549
9141 14.335 1.000 -5.080 14.335 13.360 9110.110 13.360 13.562
9142 14.759 1.000 -5.020 14.759 13.750 9110.180 13.750 13.575
9143 14.455 1.000 -5.020 14.455 13.458 9110.250 13.458 13.588
9144 14.732 1.000 -4.970 14.732 13.706 9111.010 13.706 13.601
9145 14.800 1.000 -4.930 14.800 13.784 9111.080 13.784 13.614
9146 14.422 1.000 -4.810 14.422 13.419 9111.150 13.419 13.627
9147 14.187 1.000 -4.780 14.187 13.195 9111.220 13.195 13.640
9148 14.161 1.000 -4.700 14.161 13.161 9111.290 13.161 13.652
9149 14.316 1.000 -4.660 14.316 13.297 9112.060 13.297 13.664
9150 14.528 1.000 -4.630 14.528 13.482 9112.130 13.482 13.677
9151 14.634 1.000 -4.590 14.634 13.579 9112.200 13.579 13.689
9152 15.377 1.000 -4.530 15.377 14.256 9112.270 14.256 13.701
9201 15.872 1.000 -4.510 15.872 14.700 9201.030 14.700 13.713
9202 15.720 1.000 -4.400 15.720 14.552 9201.100 14.552 13.725
9203 15.871 1.000 -4.190 15.871 14.690 9201.170 14.690 13.736
9204 15.752 1.000 -4.050 15.752 14.567 9201.240 14.567 13.747
9205 15.506 1.000 -3.990 15.506 14.330 9201.310 14.330 13.758
9206 15.602 1.000 -3.920 15.602 14.429 9202.070 14.429 13.768
9207 15.663 1.000 -3.850 15.663 14.493 9202.140 14.493 13.779
9208 15.633 1.000 -3.780 15.633 14.453 9202.210 14.453 13.789
9209 15.689 1.000 -3.780 15.689 14.493 9202.280 14.493 13.799
9210 15.383 1.000 -3.750 15.383 14.503 9203.060 14.503 13.809
9211 15.449 1.000 -3.720 15.449 14.513 9203.130 14.513 13.819
9212 15.661 1.000 -3.720 15.661 14.547 9203.200 14.547 13.829
9213 15.373 1.000 -3.730 15.373 14.513 9203.270 14.513 13.839
9214 15.308 1.000 -3.730 15.308 14.532 9204.030 14.532 13.849
9215 15.422 1.000 -3.740 15.422 14.527 9204.100 14.527 13.858
9216 15.880 1.000 -3.660 15.880 14.552 9204.170 14.552 13.868
9217 15.621 1.000 -3.620 15.621 14.537 9204.240 14.537 13.878
9218 15.765 1.000 -3.590 15.765 14.547 9205.010 14.547 13.888
9219 15.909 1.000 -3.550 15.909 14.552 9205.080 14.552 13.897
9220 15.691 1.000 -3.510 15.691 14.311 9205.150 14.311 13.907
9221 15.851 1.000 -3.510 15.851 14.444 9205.220 14.444 13.916
9222 15.911 1.000 -3.470 15.911 14.493 9205.290 14.493 13.926
9223 15.849 1.000 -3.490 15.849 14.429 9206.050 14.429 13.935
9224 15.716 1.000 -3.450 15.716 14.311 9206.120 14.311 13.944
9225 15.492 1.000 -3.440 15.492 14.094 9206.190 14.094 13.953
9226 15.493 1.000 -3.420 15.493 14.084 9206.260 14.084 13.963
9227 15.822 1.000 -3.440 15.822 14.365 9207.030 14.365 13.972
9228 15.941 1.000 -3.350 15.941 14.463 9207.100 14.463 13.981
9229 15.989 1.000 -3.240 15.989 14.493 9207.170 14.493 13.990
9230 15.844 1.000 -3.190 15.844 14.355 9207.240 14.355 13.999
9231 16.338 1.000 -3.140 16.338 14.798 9207.310 14.798 14.007
9232 16.143 1.000 -3.110 16.143 14.631 9208.070 14.631 14.016
9233 16.192 1.000 -3.080 16.192 14.680 9208.140 14.680 14.024
9234 16.006 1.000 -3.050 16.006 14.498 9208.210 14.498 14.032
9235 16.015 1.000 -3.030 16.015 14.498 9208.280 14.498 14.040
9236 16.111 1.000 -3.010 16.111 14.582 9209.040 14.582 14.049
9237 16.217 1.000 -2.960 16.217 14.665 9209.110 14.665 14.057
9238 16.356 1.000 -2.900 16.356 14.778 9209.180 14.778 14.065
9239 16.034 1.000 -2.880 16.034 14.483 9209.250 14.483 14.073
9240 15.892 1.000 -2.870 15.892 14.345 9210.020 14.345 14.080
9241 15.598 1.000 -2.830 15.598 14.089 9210.090 14.089 14.088
9242 15.958 1.000 -2.770 15.958 14.385 9210.160 14.385 14.096
9243 16.058 1.000 -2.790 16.058 14.468 9210.230 14.468 14.103
9244 16.244 1.000 -2.740 16.244 14.626 9210.300 14.626 14.111
9245 16.210 1.000 -2.750 16.210 14.606 9211.060 14.606 14.118
9246 16.406 1.000 -2.740 16.406 14.769 9211.130 14.769 14.126
9247 16.579 1.000 -2.740 16.579 14.921 9211.200 14.921 14.133
9248 16.724 1.000 -2.740 16.724 15.039 9211.270 15.039 14.140
9249 16.806 1.000 -2.770 16.806 15.108 9212.040 15.108 14.148
9250 16.879 1.000 -2.790 16.879 15.177 9212.110 15.177 14.155
9251 17.181 1.000 -2.800 17.181 15.419 9212.180 15.419 14.163
9252 17.131 1.000 -2.830 17.131 15.364 9212.250 15.364 14.171
9253 16.981 1.000 -2.860 16.981 15.226 9301.010 15.226 14.178
9301 16.731 1.000 -2.920 16.731 15.012 9301.080 15.012 14.186
9302 17.056 1.000 -2.830 17.056 15.295 9301.150 15.295 14.194
9303 17.024 1.000 -2.770 17.024 15.255 9301.220 15.255 14.202
9304 17.137 1.000 -2.770 17.137 15.345 9301.290 15.345 14.209
9305 17.543 1.000 -2.740 17.543 15.707 9302.050 15.707 14.217
9306 17.382 1.000 -2.730 17.382 15.568 9302.120 15.568 14.224
9307 16.986 1.000 -2.710 16.986 15.126 9302.190 15.126 14.232
9308 17.353 1.000 -2.690 17.353 15.523 9302.260 15.523 14.239
9309 17.469 1.000 -2.710 17.469 15.632 9303.050 15.632 14.246
9310 17.624 1.000 -2.670 17.624 15.766 9303.120 15.766 14.254
9311 17.647 1.000 -2.660 17.647 15.771 9303.190 15.771 14.261
9312 17.562 1.000 -2.650 17.562 15.692 9303.260 15.692 14.268
9313 17.320 1.000 -2.660 17.320 15.474 9304.020 15.474 14.276
9314 17.348 1.000 -2.670 17.348 15.484 9304.090 15.484 14.283
9315 17.637 1.000 -2.640 17.637 15.727 9304.160 15.727 14.290
9316 17.179 1.000 -2.630 17.179 15.305 9304.230 15.305 14.297
9317 17.313 1.000 -2.610 17.313 15.414 9304.300 15.414 14.305
9318 17.406 1.000 -2.620 17.406 15.508 9305.070 15.508 14.312
9319 17.308 1.000 -2.590 17.308 15.414 9305.140 15.414 14.319
9320 17.565 1.000 -2.600 17.565 15.637 9305.210 15.637 14.326
9321 17.746 1.000 -2.590 17.746 15.796 9305.280 15.796 14.333
9322 17.751 1.000 -2.620 17.751 15.796 9306.040 15.796 14.340
9323 17.651 1.000 -2.620 17.651 15.712 9306.110 15.712 14.348
9324 17.519 1.000 -2.620 17.519 15.583 9306.180 15.583 14.355
9325 17.684 1.000 -2.620 17.684 15.712 9306.250 15.712 14.362
9326 17.624 1.000 -2.630 17.624 15.657 9307.020 15.657 14.369
9327 17.725 1.000 -2.630 17.725 15.732 9307.090 15.732 14.377
9328 17.640 1.000 -2.640 17.640 15.642 9307.160 15.642 14.384
9329 17.703 1.000 -2.630 17.703 15.687 9307.230 15.687 14.391
9330 17.754 1.000 -2.650 17.754 15.722 9307.300 15.722 14.398
9331 17.785 1.000 -2.650 17.785 15.747 9308.060 15.747 14.406
9332 17.853 1.000 -2.640 17.853 15.806 9308.130 15.806 14.413
9333 18.102 1.000 -2.640 18.102 16.019 9308.200 16.019 14.420
9334 18.285 1.000 -2.640 18.285 16.173 9308.270 16.173 14.428
9335 18.327 1.000 -2.640 18.327 16.208 9309.030 16.208 14.435
9336 18.352 1.000 -2.640 18.352 16.223 9309.100 16.223 14.442
9337 18.246 1.000 -2.640 18.246 16.124 9309.170 16.124 14.449
9338 18.208 1.000 -2.650 18.208 16.079 9309.240 16.079 14.457
9339 18.364 1.000 -2.650 18.364 16.208 9310.010 16.208 14.464
9340 18.334 1.000 -2.680 18.334 16.178 9310.080 16.178 14.471
9341 18.710 1.000 -2.640 18.710 16.501 9310.150 16.501 14.479
9342 18.471 1.000 -2.650 18.471 16.282 9310.220 16.282 14.486
9343 18.662 1.000 -2.640 18.662 16.441 9310.290 16.441 14.494
9344 18.342 1.000 -2.660 18.342 16.168 9311.050 16.168 14.501
9345 18.584 1.000 -2.650 18.584 16.372 9311.120 16.372 14.508
9346 18.482 1.000 -2.670 18.482 16.282 9311.190 16.282 14.516
9347 18.510 1.000 -2.670 18.510 16.302 9311.260 16.302 14.523
9348 18.593 1.000 -2.690 18.593 16.347 9312.030 16.347 14.531
9349 18.564 1.000 -2.690 18.564 16.322 9312.100 16.322 14.538
9350 18.672 1.000 -2.690 18.672 16.352 9312.170 16.352 14.546
9351 18.721 1.000 -2.710 18.721 16.322 9312.240 16.322 14.553
9352 18.693 1.000 -2.720 18.693 16.374 9312.310 16.374 14.561
9401 18.841 1.000 -2.750 18.841 16.384 9401.070 16.384 14.568
9402 19.052 1.000 -2.710 19.052 16.414 9401.140 16.414 14.576
9403 19.054 1.000 -2.690 19.054 16.414 9401.210 16.414 14.584
9404 19.223 1.000 -2.680 19.223 16.399 9401.280 16.399 14.591
9405 18.876 1.000 -2.680 18.876 16.434 9402.040 16.434 14.599
9406 18.901 1.000 -2.710 18.901 16.399 9402.110 16.399 14.606
9407 18.810 1.000 -2.750 18.810 16.414 9402.180 16.414 14.614
9408 18.755 1.000 -2.770 18.755 16.419 9402.250 16.419 14.621
9409 18.711 1.000 -2.790 18.711 16.434 9403.040 16.434 14.629
9410 18.789 1.000 -2.810 18.789 16.429 9403.110 16.429 14.637
9411 18.985 1.000 -2.830 18.985 16.470 9403.180 16.470 14.645
9412 18.573 1.000 -2.860 18.573 16.455 9403.250 16.455 14.653
9413 17.985 1.000 -2.930 17.985 16.470 9404.010 16.470 14.661
9414 18.049 1.000 -2.970 18.049 16.460 9404.080 16.460 14.669
9415 18.023 1.000 -3.000 18.023 16.505 9404.150 16.505 14.677
9416 18.092 1.000 -3.040 18.092 16.460 9404.220 16.460 14.686
9417 18.235 1.000 -3.130 18.235 16.485 9404.290 16.485 14.694
9418 18.121 1.000 -3.150 18.121 16.540 9405.060 16.540 14.703
9419 17.982 1.000 -3.240 17.982 16.515 9405.130 16.515 14.712
9420 18.430 1.000 -3.310 18.430 16.510 9405.200 16.510 14.721
9421 18.538 1.000 -3.470 18.538 16.525 9405.270 16.525 14.731
9422 18.662 1.000 -3.510 18.662 16.515 9406.030 16.515 14.740
9423 18.613 1.000 -3.570 18.613 16.525 9406.100 16.525 14.750
9424 18.615 1.000 -3.590 18.615 16.485 9406.170 16.485 14.760
9425 17.990 1.000 -3.630 17.990 16.555 9406.240 16.555 14.771
9426 18.139 1.000 -3.640 18.139 16.540 9407.010 16.540 14.781
9427 18.285 1.000 -3.700 18.285 16.545 9407.080 16.545 14.791
9428 18.483 1.000 -3.750 18.483 16.545 9407.150 16.545 14.802
9429 18.451 1.000 -3.780 18.451 16.550 9407.220 16.550 14.812
9430 18.671 1.000 -3.800 18.671 16.550 9407.290 16.550 14.823
9431 18.633 1.000 -3.830 18.633 16.565 9408.050 16.565 14.834
9432 18.841 1.000 -3.850 18.841 16.565 9408.120 16.565 14.845
9433 18.923 1.000 -3.880 18.923 16.580 9408.190 16.580 14.856
9434 19.346 1.000 -4.030 19.346 16.570 9408.260 16.570 14.867
9435 19.242 1.000 -4.080 19.242 16.590 9409.020 16.590 14.878
9436 19.137 1.000 -4.120 19.137 16.601 9409.090 16.601 14.890
9437 19.271 1.000 -4.140 19.271 16.606 9409.160 16.606 14.902
9438 18.810 1.000 -4.170 18.810 16.611 9409.230 16.611 14.914
9439 18.944 1.000 -4.200 18.944 16.626 9409.300 16.626 14.925
9440 18.644 1.000 -4.260 18.644 16.631 9410.070 16.631 14.937
9441 19.228 1.000 -4.290 19.228 16.626 9410.140 16.626 14.950
9442 19.066 1.000 -4.310 19.066 16.646 9410.210 16.646 14.962
9443 19.440 1.000 -4.350 19.440 16.631 9410.280 16.631 14.974
9444 18.979 1.000 -4.400 18.979 16.666 9411.040 16.666 14.987
9445 18.993 1.000 -4.410 18.993 16.661 9411.110 16.661 14.999
9446 18.967 1.000 -4.500 18.967 16.666 9411.180 16.666 15.012
9447 18.600 1.000 -4.770 18.600 16.681 9411.250 16.681 15.025
9448 18.653 1.000 -4.840 18.653 16.696 9412.020 16.696 15.039
9449 18.402 1.000 -4.910 18.402 16.707 9412.090 16.707 15.053
9450 18.900 1.000 -4.970 18.900 16.725 9412.160 16.725 15.067
9451 18.953 1.000 -5.040 18.953 16.719 9412.230 16.719 15.081
9452 18.941 1.000 -5.120 18.941 16.744 9412.300 16.744 15.096
9501 19.009 1.000 -5.180 19.009 16.750 9501.060 16.750 15.111
9502 19.237 1.000 -5.180 19.237 16.756 9501.130 16.756 15.126
9503 19.198 1.000 -5.160 19.198 16.769 9501.200 16.769 15.141
9504 19.440 1.000 -5.170 19.440 16.775 9501.270 16.775 15.156
9505 19.791 1.000 -5.230 19.791 16.787 9502.030 16.787 15.171
9506 19.917 1.000 -5.370 19.917 16.831 9502.100 16.831 15.186
9507 19.948 1.000 -5.430 19.948 16.831 9502.170 16.831 15.202
9508 20.213 1.000 -5.480 20.213 17.073 9502.240 17.073 15.217
9509 20.111 1.000 -5.490 20.111 16.986 9503.030 16.986 15.233
9510 20.293 1.000 -5.490 20.293 17.135 9503.100 17.135 15.250
9511 20.550 1.000 -5.500 20.550 17.339 9503.170 17.339 15.266
9512 20.786 1.000 -5.520 20.786 17.519 9503.240 17.519 15.282
9513 20.785 1.000 -5.530 20.785 17.519 9503.310 17.519 15.298
9514 21.034 1.000 -5.580 21.034 17.724 9504.070 17.724 15.314
9515 21.162 1.000 -5.530 21.162 17.811 9504.140 17.811 15.330
9516 21.143 1.000 -5.540 21.143 17.786 9504.210 17.786 15.347
9517 21.413 1.000 -5.510 21.413 18.003 9504.280 18.003 15.363
9518 21.649 1.000 -5.530 21.649 18.201 9505.050 18.201 15.379
9519 21.887 1.000 -5.510 21.887 18.400 9505.120 18.400 15.396
9520 21.634 1.000 -5.520 21.634 18.176 9505.190 18.176 15.412
9521 21.831 1.000 -5.510 21.831 18.338 9505.260 18.338 15.428
9522 22.212 1.000 -5.510 22.212 18.642 9506.020 18.642 15.444
9523 22.033 1.000 -5.500 22.033 18.480 9506.090 18.480 15.461
9524 22.541 1.000 -5.490 22.541 18.902 9506.160 18.902 15.477
9525 22.965 1.000 -5.490 22.965 19.243 9506.230 19.243 15.493
9526 22.769 1.000 -5.460 22.769 19.069 9506.300 19.069 15.510
9527 23.266 1.000 -5.470 23.266 19.485 9507.070 19.485 15.526
9528 23.425 1.000 -5.420 23.425 19.597 9507.140 19.597 15.542
9529 23.174 1.000 -5.340 23.174 19.380 9507.210 19.380 15.558
9530 23.576 1.000 -5.320 23.576 19.696 9507.280 19.696 15.574
9531 23.420 1.000 -5.310 23.420 19.566 9508.040 19.566 15.590
9532 23.271 1.000 -5.290 23.271 19.435 9508.110 19.435 15.606
9533 23.455 1.000 -5.270 23.455 19.572 9508.180 19.572 15.622
9534 23.504 1.000 -5.270 23.504 19.603 9508.250 19.603 15.638
9535 23.672 1.000 -5.250 23.672 19.733 9509.010 19.733 15.654
9536 24.055 1.000 -5.250 24.055 20.043 9509.080 20.043 15.669
9537 24.515 1.000 -5.240 24.515 20.428 9509.150 20.428 15.685
9538 24.458 1.000 -5.250 24.458 20.378 9509.220 20.378 15.701
9539 24.583 1.000 -5.210 24.583 20.471 9509.290 20.471 15.717
9540 24.514 1.000 -5.290 24.514 20.421 9510.060 20.421 15.732
9541 24.610 1.000 -5.200 24.610 20.477 9510.130 20.477 15.748
9542 24.746 1.000 -5.210 24.746 20.583 9510.200 20.583 15.764
9543 24.431 1.000 -5.200 24.431 20.310 9510.270 20.310 15.780
Comparison of change
Rightime Blue Chip Fund in value of $10,000
S&P 500 Index investment in the
Money Market Fund Index Rightime Blue Chip
Fund, S&P 500 Index
and Money Market
Fund Index.
</TABLE>
Risk-adjusted Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
sp_mmf_5050.ref.f rtmmyld.w rightime_bcf.temp rightime_bcf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 8728 8.726 1.000 -9.190 7.349 8.934 8707.100 8.934 10.000
mx 9543 20.148 1.000 -2.590 24.746 20.583 9510.270 20.583 15.780
cl 9543 20.030 1.000 -5.200 24.431 20.310 9510.270 20.310 15.780
xb 434 13.992 1.000 -5.496 14.617 13.565 9123.119 13.565 13.093
sd 2.939 0.000 2.009 4.186 2.914 242.142 2.914 1.677
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_bcf.temp -> 3.323 0.489 0.475 8.881 -0.069 9.743
sp_mmf_5050.ref.f -> 2.774 0.500 1.000 8.700 0.063 6.862
defensive -> 5.624 0.001 0.001 5.631 1.102 0.278
- --------------------------------------------------------------------------------
8728 10.000 1.000 -6.060 10.000 10.000 8707.100 10.000 10.000
8729 10.109 1.000 -6.050 10.207 9.525 8707.170 9.525 10.012
8730 10.033 1.000 -6.010 10.040 9.525 8707.240 9.525 10.023
8731 10.193 1.000 -5.950 10.351 9.529 8707.310 9.529 10.035
8732 10.271 1.000 -5.990 10.497 9.536 8708.070 9.536 10.046
8733 10.455 1.000 -6.000 10.860 9.544 8708.140 9.544 10.058
8734 10.493 1.000 -6.000 10.928 9.548 8708.210 9.548 10.069
8735 10.364 1.000 -5.990 10.645 9.555 8708.280 9.555 10.081
8736 10.209 1.000 -6.030 10.314 9.563 8709.040 9.563 10.093
8737 10.302 1.000 -6.040 10.492 9.571 8709.110 9.571 10.104
8738 10.197 1.000 -6.040 10.265 9.582 8709.180 9.582 10.116
8739 10.292 1.000 -6.250 10.444 9.590 8709.250 9.590 10.128
8740 10.428 1.000 -6.340 10.707 9.597 8710.020 9.597 10.140
8741 10.166 1.000 -6.450 10.157 9.605 8710.090 9.605 10.152
8742 9.712 1.000 -6.560 9.236 9.616 8710.160 9.616 10.165
8743 9.128 1.000 -6.700 8.115 9.624 8710.230 9.624 10.177
8744 9.203 1.000 -6.530 8.237 9.632 8710.300 9.632 10.191
8745 9.186 1.000 -6.470 8.197 9.521 8711.060 9.521 10.203
8746 9.107 1.000 -6.490 8.046 9.464 8711.130 9.464 10.216
8747 9.048 1.000 -6.470 7.932 9.266 8711.200 9.266 10.229
8748 9.026 1.000 -6.430 7.882 9.293 8711.270 9.293 10.241
8749 8.726 1.000 -6.420 7.349 8.934 8712.040 8.934 10.254
8750 8.956 1.000 -6.460 7.728 9.194 8712.110 9.194 10.267
8751 9.228 1.000 -6.510 8.188 9.670 8712.180 9.670 10.279
8752 9.290 1.000 -6.610 8.287 9.788 8712.250 9.788 10.292
8753 9.208 1.000 -6.690 8.130 9.558 8801.010 9.558 10.305
8801 9.148 1.000 -6.800 8.015 9.386 8801.080 9.386 10.318
8802 9.320 1.000 -6.570 8.305 9.715 8801.150 9.715 10.332
8803 9.227 1.000 -6.480 8.128 9.516 8801.220 9.516 10.345
8804 9.433 1.000 -6.390 8.482 9.910 8801.290 9.910 10.358
8805 9.330 1.000 -6.330 8.286 9.692 8802.050 9.692 10.370
8806 9.463 1.000 -6.230 8.512 9.933 8802.120 9.933 10.383
8807 9.545 1.000 -6.140 8.649 10.041 8802.190 10.041 10.395
8808 9.569 1.000 -6.160 8.683 10.117 8802.260 10.117 10.408
8809 9.666 1.000 -6.100 8.849 10.305 8803.040 10.305 10.420
8810 9.632 1.000 -6.050 8.777 10.217 8803.110 10.217 10.432
8811 9.754 1.000 -6.060 8.987 10.412 8803.180 10.412 10.444
8812 9.536 1.000 -6.040 8.575 9.872 8803.250 9.872 10.456
8813 9.551 1.000 -6.040 8.593 9.922 8804.010 9.922 10.469
8814 9.755 1.000 -6.050 8.950 10.156 8804.080 10.156 10.481
8815 9.589 1.000 -6.100 8.635 10.167 8804.150 10.167 10.493
8816 9.605 1.000 -6.090 8.654 10.178 8804.220 10.178 10.505
8817 9.636 1.000 -6.140 8.700 10.186 8804.290 10.186 10.517
8818 9.575 1.000 -6.130 8.578 10.198 8805.060 10.198 10.530
8819 9.571 1.000 -6.140 8.561 10.205 8805.130 10.205 10.542
8820 9.510 1.000 -6.270 8.443 10.213 8805.200 10.213 10.555
8821 9.527 1.000 -6.290 8.462 10.224 8805.270 10.224 10.567
8822 9.781 1.000 -6.370 8.904 10.236 8806.030 10.236 10.580
8823 9.879 1.000 -6.420 9.071 10.244 8806.100 10.244 10.593
8824 9.878 1.000 -6.500 9.058 10.205 8806.170 10.205 10.606
8825 9.944 1.000 -6.560 9.169 10.324 8806.240 10.324 10.619
8826 9.918 1.000 -6.500 9.108 10.255 8807.010 10.255 10.633
8827 9.895 1.000 -6.680 9.056 10.190 8807.080 10.190 10.646
8828 9.942 1.000 -6.700 9.130 10.263 8807.150 10.263 10.659
8829 9.854 1.000 -6.810 8.956 9.930 8807.220 9.930 10.673
8830 9.963 1.000 -6.910 9.142 9.926 8807.290 9.926 10.687
8831 9.957 1.000 -6.950 9.119 9.930 8808.050 9.930 10.701
8832 9.809 1.000 -6.980 8.836 9.945 8808.120 9.945 10.715
8833 9.776 1.000 -7.140 8.765 9.956 8808.190 9.956 10.730
8834 9.776 1.000 -7.220 8.752 9.964 8808.260 9.964 10.745
8835 9.876 1.000 -7.270 8.920 9.976 8809.020 9.976 10.759
8836 9.931 1.000 -7.370 9.006 9.983 8809.090 9.983 10.774
8837 10.012 1.000 -7.390 9.141 9.987 8809.160 9.987 10.790
8838 10.006 1.000 -7.420 9.118 9.983 8809.230 9.983 10.805
8839 10.057 1.000 -7.430 9.197 10.018 8809.300 10.018 10.820
8840 10.182 1.000 -7.480 9.412 10.221 8810.070 10.221 10.836
8841 10.145 1.000 -7.470 9.331 10.129 8810.140 10.129 10.851
8842 10.306 1.000 -7.490 9.614 10.408 8810.210 10.408 10.867
8843 10.224 1.000 -7.540 9.446 10.224 8810.280 10.224 10.882
8844 10.194 1.000 -7.550 9.378 10.159 8811.040 10.159 10.898
8845 10.050 1.000 -7.560 9.099 9.872 8811.110 9.872 10.914
8846 10.034 1.000 -7.600 9.057 9.822 8811.180 9.822 10.930
8847 10.059 1.000 -7.680 9.089 9.769 8811.250 9.769 10.946
8848 10.156 1.000 -7.750 9.251 9.776 8812.020 9.776 10.962
8849 10.265 1.000 -7.850 9.435 9.765 8812.090 9.765 10.978
8850 10.263 1.000 -7.950 9.417 9.788 8812.160 9.788 10.995
8851 10.303 1.000 -8.090 9.477 9.803 8812.230 9.803 11.011
8852 10.312 1.000 -8.180 9.478 9.807 8812.300 9.807 11.028
8901 10.379 1.000 -8.390 9.586 9.807 8901.060 9.807 11.046
8902 10.450 1.000 -8.280 9.702 9.909 8901.130 9.909 11.064
8903 10.512 1.000 -8.350 9.802 10.003 8901.200 10.003 11.081
8904 10.656 1.000 -8.380 10.055 10.257 8901.270 10.257 11.099
8905 10.725 1.000 -8.400 10.169 10.375 8902.030 10.375 11.117
8906 10.648 1.000 -8.370 10.006 10.224 8902.100 10.224 11.135
8907 10.746 1.000 -8.440 10.175 10.396 8902.170 10.396 11.152
8908 10.584 1.000 -8.520 9.852 10.052 8902.240 10.052 11.171
8909 10.671 1.000 -8.650 9.997 10.048 8903.030 10.048 11.189
8910 10.715 1.000 -8.750 10.062 10.057 8903.100 10.057 11.207
8911 10.724 1.000 -8.850 10.062 10.085 8903.170 10.085 11.226
8912 10.668 1.000 -8.950 9.941 10.085 8903.240 10.085 11.245
8913 10.790 1.000 -9.040 10.151 10.102 8903.310 10.102 11.264
8914 10.845 1.000 -9.080 10.237 10.106 8904.070 10.106 11.284
8915 10.935 1.000 -9.140 10.389 10.122 8904.140 10.122 11.304
8916 11.098 1.000 -9.190 10.681 10.146 8904.210 10.146 11.323
8917 11.113 1.000 -9.190 10.690 10.183 8904.280 10.183 11.343
8918 11.090 1.000 -9.150 10.627 10.130 8905.050 10.130 11.363
8919 11.216 1.000 -9.150 10.850 10.343 8905.120 10.343 11.383
8920 11.362 1.000 -9.160 11.114 10.404 8905.190 10.404 11.403
8921 11.382 1.000 -9.140 11.133 10.404 8905.260 10.404 11.423
8922 11.465 1.000 -9.110 11.277 10.522 8906.020 10.522 11.443
8923 11.500 1.000 -9.080 11.325 10.563 8906.090 10.563 11.463
8924 11.420 1.000 -8.940 11.148 10.392 8906.160 10.392 11.483
8925 11.552 1.000 -8.890 11.386 10.616 8906.230 10.616 11.503
8926 11.389 1.000 -8.890 11.046 10.294 8906.300 10.294 11.523
8927 11.527 1.000 -8.850 11.294 10.522 8907.070 10.522 11.542
8928 11.663 1.000 -8.750 11.543 10.743 8907.140 10.743 11.562
8929 11.748 1.000 -8.660 11.691 10.866 8907.210 10.866 11.581
8930 11.871 1.000 -8.600 11.917 11.070 8907.280 11.070 11.601
8931 11.915 1.000 -8.470 11.986 11.135 8908.040 11.135 11.620
8932 11.943 1.000 -8.330 12.022 11.168 8908.110 11.168 11.639
8933 11.979 1.000 -8.330 12.075 11.209 8908.180 11.209 11.657
8934 12.070 1.000 -8.340 12.239 11.348 8908.250 11.348 11.676
8935 12.138 1.000 -8.290 12.359 11.454 8909.010 11.454 11.694
8936 12.066 1.000 -8.240 12.192 11.295 8909.080 11.295 11.713
8937 12.016 1.000 -8.270 12.071 11.172 8909.150 11.172 11.732
8938 12.064 1.000 -8.260 12.148 11.176 8909.220 11.176 11.750
8939 12.114 1.000 -8.260 12.229 11.315 8909.290 11.315 11.769
8940 12.294 1.000 -8.280 12.574 11.634 8910.060 11.634 11.787
8941 11.877 1.000 -8.260 11.701 10.808 8910.130 10.808 11.806
8942 12.131 1.000 -8.210 12.183 11.135 8910.200 11.135 11.825
8943 11.933 1.000 -8.140 11.766 11.135 8910.270 11.135 11.843
8944 11.992 1.000 -8.120 11.863 11.160 8911.030 11.160 11.862
8945 12.031 1.000 -8.070 11.923 11.160 8911.100 11.160 11.880
8946 12.089 1.000 -8.010 12.019 11.250 8911.170 11.250 11.899
8947 12.144 1.000 -7.990 12.110 11.327 8911.240 11.327 11.917
8948 12.274 1.000 -7.930 12.352 11.548 8912.010 11.548 11.935
8949 12.254 1.000 -7.940 12.291 11.577 8912.080 11.577 11.953
8950 12.292 1.000 -7.900 12.350 11.605 8912.150 11.605 11.972
8951 12.258 1.000 -7.910 12.262 11.618 8912.220 11.618 11.990
8952 12.376 1.000 -7.870 12.481 11.725 8912.290 11.725 12.008
9001 12.369 1.000 -8.060 12.446 11.669 9001.050 11.669 12.026
9002 12.166 1.000 -7.800 12.020 11.259 9001.120 11.259 12.045
9003 12.165 1.000 -7.740 12.000 11.168 9001.190 11.168 12.063
9004 11.939 1.000 -7.700 11.535 11.229 9001.260 11.229 12.081
9005 12.045 1.000 -7.700 11.724 11.216 9002.020 11.216 12.098
9006 12.107 1.000 -7.660 11.827 11.342 9002.090 11.342 12.116
9007 12.104 1.000 -7.650 11.803 11.316 9002.160 11.316 12.134
9008 11.961 1.000 -7.650 11.506 11.028 9002.230 11.028 12.152
9009 12.183 1.000 -7.650 11.918 11.416 9003.020 11.416 12.170
9010 12.240 1.000 -7.630 12.011 11.503 9003.090 11.503 12.188
9011 12.324 1.000 -7.650 12.160 11.634 9003.160 11.634 12.205
9012 12.253 1.000 -7.670 12.001 11.477 9003.230 11.477 12.223
9013 12.315 1.000 -7.690 12.105 11.573 9003.300 11.573 12.241
9014 12.331 1.000 -7.670 12.119 11.582 9004.060 11.582 12.259
9015 12.422 1.000 -7.690 12.279 11.721 9004.130 11.721 12.277
9016 12.269 1.000 -7.690 11.959 11.808 9004.200 11.808 12.296
9017 12.173 1.000 -7.690 11.754 11.817 9004.270 11.817 12.314
9018 12.358 1.000 -7.670 12.094 11.821 9005.040 11.821 12.332
9019 12.620 1.000 -7.660 12.589 11.839 9005.110 11.839 12.350
9020 12.681 1.000 -7.700 12.692 11.808 9005.180 11.808 12.368
9021 12.694 1.000 -7.680 12.699 11.821 9005.250 11.821 12.386
9022 12.861 1.000 -7.680 13.015 12.109 9006.010 12.109 12.405
9023 12.796 1.000 -7.670 12.865 11.965 9006.080 11.965 12.423
9024 12.885 1.000 -7.650 13.024 12.113 9006.150 12.113 12.441
9025 12.766 1.000 -7.670 12.765 11.861 9006.220 11.861 12.459
9026 12.826 1.000 -7.670 12.866 11.826 9006.290 11.826 12.478
9027 12.847 1.000 -7.680 12.889 11.826 9007.060 11.826 12.496
9028 13.020 1.000 -7.650 13.217 12.109 9007.130 12.109 12.515
9029 12.933 1.000 -7.660 13.020 11.926 9007.200 11.926 12.533
9030 12.800 1.000 -7.590 12.734 11.708 9007.270 11.708 12.551
9031 12.658 1.000 -7.560 12.434 11.730 9008.030 11.730 12.570
9032 12.500 1.000 -7.500 12.105 11.730 9008.100 11.730 12.588
9033 12.370 1.000 -7.500 11.836 11.752 9008.170 11.752 12.606
9034 12.076 1.000 -7.510 11.255 11.773 9008.240 11.773 12.624
9035 12.303 1.000 -7.480 11.663 11.813 9008.310 11.813 12.642
9036 12.332 1.000 -7.470 11.702 11.773 9009.070 11.773 12.660
9037 12.220 1.000 -7.470 11.472 11.821 9009.140 11.821 12.678
9038 12.127 1.000 -7.460 11.281 11.808 9009.210 11.808 12.697
9039 12.038 1.000 -7.470 11.098 11.839 9009.280 11.839 12.715
9040 12.158 1.000 -7.480 11.305 11.826 9010.050 11.826 12.733
9041 11.948 1.000 -7.480 10.897 11.338 9010.120 11.338 12.751
9042 12.209 1.000 -7.440 11.358 11.429 9010.190 11.429 12.770
9043 12.071 1.000 -7.450 11.084 11.425 9010.260 11.425 12.788
9044 12.225 1.000 -7.420 11.353 11.429 9011.020 11.429 12.806
9045 12.276 1.000 -7.380 11.430 11.438 9011.090 11.438 12.824
9046 12.355 1.000 -7.340 11.562 11.473 9011.160 11.473 12.842
9047 12.329 1.000 -7.350 11.497 11.329 9011.230 11.329 12.861
9048 12.482 1.000 -7.270 11.766 11.595 9011.300 11.595 12.879
9049 12.603 1.000 -7.270 11.977 11.791 9012.070 11.791 12.897
9050 12.598 1.000 -7.220 11.951 11.756 9012.140 11.756 12.915
9051 12.706 1.000 -7.170 12.140 11.939 9012.210 11.939 12.932
9052 12.662 1.000 -7.160 12.038 11.831 9012.280 11.831 12.950
9101 12.526 1.000 -7.380 11.764 11.553 9101.040 11.553 12.968
9102 12.426 1.000 -7.090 11.560 11.349 9101.110 11.349 12.986
9103 12.774 1.000 -6.910 12.191 11.958 9101.180 11.958 13.004
9104 12.861 1.000 -6.790 12.340 12.099 9101.250 12.099 13.021
9105 13.007 1.000 -6.760 12.604 12.352 9102.010 12.352 13.038
9106 13.328 1.000 -6.650 13.211 12.951 9102.080 12.951 13.055
9107 13.521 1.000 -6.450 13.576 13.302 9102.150 13.302 13.072
9108 13.471 1.000 -6.350 13.458 13.185 9102.220 13.185 13.088
9109 13.571 1.000 -6.290 13.644 13.360 9103.010 13.360 13.104
9110 13.666 1.000 -6.190 13.817 13.526 9103.080 13.526 13.120
9111 13.653 1.000 -6.150 13.774 13.477 9103.150 13.477 13.135
9112 13.553 1.000 -6.060 13.557 13.258 9103.220 13.258 13.151
9113 13.708 1.000 -6.040 13.851 13.526 9103.290 13.526 13.166
9114 13.723 1.000 -6.020 13.865 13.536 9104.050 13.536 13.181
9115 13.827 1.000 -5.940 14.060 13.721 9104.120 13.721 13.197
9116 13.909 1.000 -5.820 14.210 13.857 9104.190 13.857 13.212
9117 13.827 1.000 -5.790 14.028 13.667 9104.260 13.667 13.226
9118 13.872 1.000 -5.740 14.103 13.735 9105.030 13.735 13.241
9119 13.792 1.000 -5.650 13.924 13.570 9105.100 13.570 13.256
9120 13.743 1.000 -5.580 13.810 13.458 9105.170 13.458 13.270
9121 13.849 1.000 -5.580 14.008 13.648 9105.240 13.648 13.284
9122 14.087 1.000 -5.530 14.475 14.091 9105.310 14.091 13.298
9123 13.911 1.000 -5.510 14.098 13.726 9106.070 13.726 13.312
9124 13.975 1.000 -5.480 14.214 13.711 9106.140 13.711 13.327
9125 13.904 1.000 -5.480 14.054 13.745 9106.210 13.745 13.341
9126 13.795 1.000 -5.480 13.818 13.769 9106.280 13.769 13.355
9127 13.861 1.000 -5.500 13.936 13.740 9107.050 13.740 13.369
9128 13.987 1.000 -5.460 14.175 13.726 9107.120 13.726 13.383
9129 14.072 1.000 -5.470 14.332 13.735 9107.190 13.735 13.397
9130 14.023 1.000 -5.460 14.218 13.769 9107.260 13.769 13.411
9131 14.150 1.000 -5.450 14.460 13.784 9108.020 13.784 13.425
9132 14.161 1.000 -5.440 14.467 13.799 9108.090 13.799 13.439
9133 14.145 1.000 -5.400 14.418 13.813 9108.160 13.813 13.453
9134 14.314 1.000 -5.350 14.749 13.808 9108.230 13.808 13.467
9135 14.348 1.000 -5.310 14.805 13.833 9108.300 13.833 13.481
9136 14.245 1.000 -5.260 14.577 13.614 9109.060 13.614 13.494
9137 14.156 1.000 -5.260 14.379 13.424 9109.130 13.424 13.508
9138 14.247 1.000 -5.210 14.551 13.584 9109.200 13.584 13.522
9139 14.222 1.000 -5.180 14.484 13.511 9109.270 13.511 13.535
9140 14.147 1.000 -5.160 14.318 13.355 9110.040 13.355 13.549
9141 14.163 1.000 -5.080 14.335 13.360 9110.110 13.360 13.562
9142 14.379 1.000 -5.020 14.759 13.750 9110.180 13.750 13.575
9143 14.238 1.000 -5.020 14.455 13.458 9110.250 13.458 13.588
9144 14.381 1.000 -4.970 14.732 13.706 9111.010 13.706 13.601
9145 14.421 1.000 -4.930 14.800 13.784 9111.080 13.784 13.614
9146 14.244 1.000 -4.810 14.422 13.419 9111.150 13.419 13.627
9147 14.134 1.000 -4.780 14.187 13.195 9111.220 13.195 13.640
9148 14.128 1.000 -4.700 14.161 13.161 9111.290 13.161 13.652
9149 14.212 1.000 -4.660 14.316 13.297 9112.060 13.297 13.664
9150 14.323 1.000 -4.630 14.528 13.482 9112.130 13.482 13.677
9151 14.382 1.000 -4.590 14.634 13.579 9112.200 13.579 13.689
9152 14.753 1.000 -4.530 15.377 14.256 9112.270 14.256 13.701
9201 14.997 1.000 -4.510 15.872 14.700 9201.030 14.700 13.713
9202 14.932 1.000 -4.400 15.720 14.552 9201.100 14.552 13.725
9203 15.010 1.000 -4.190 15.871 14.690 9201.170 14.690 13.736
9204 14.959 1.000 -4.050 15.752 14.567 9201.240 14.567 13.747
9205 14.849 1.000 -3.990 15.506 14.330 9201.310 14.330 13.758
9206 14.900 1.000 -3.920 15.602 14.429 9202.070 14.429 13.768
9207 14.935 1.000 -3.850 15.663 14.493 9202.140 14.493 13.779
9208 14.926 1.000 -3.780 15.633 14.453 9202.210 14.453 13.789
9209 14.958 1.000 -3.780 15.689 14.493 9202.280 14.493 13.799
9210 14.818 1.000 -3.750 15.383 14.503 9203.060 14.503 13.809
9211 14.855 1.000 -3.720 15.449 14.513 9203.130 14.513 13.819
9212 14.963 1.000 -3.720 15.661 14.547 9203.200 14.547 13.829
9213 14.830 1.000 -3.730 15.373 14.513 9203.270 14.513 13.839
9214 14.804 1.000 -3.730 15.308 14.532 9204.030 14.532 13.849
9215 14.864 1.000 -3.740 15.422 14.527 9204.100 14.527 13.858
9216 15.091 1.000 -3.660 15.880 14.552 9204.170 14.552 13.868
9217 14.973 1.000 -3.620 15.621 14.537 9204.240 14.537 13.878
9218 15.047 1.000 -3.590 15.765 14.547 9205.010 14.547 13.888
9219 15.121 1.000 -3.550 15.909 14.552 9205.080 14.552 13.897
9220 15.022 1.000 -3.510 15.691 14.311 9205.150 14.311 13.907
9221 15.104 1.000 -3.510 15.851 14.444 9205.220 14.444 13.916
9222 15.138 1.000 -3.470 15.911 14.493 9205.290 14.493 13.926
9223 15.113 1.000 -3.490 15.849 14.429 9206.050 14.429 13.935
9224 15.055 1.000 -3.450 15.716 14.311 9206.120 14.311 13.944
9225 14.952 1.000 -3.440 15.492 14.094 9206.190 14.094 13.953
9226 14.958 1.000 -3.420 15.493 14.084 9206.260 14.084 13.963
9227 15.122 1.000 -3.440 15.822 14.365 9207.030 14.365 13.972
9228 15.183 1.000 -3.350 15.941 14.463 9207.100 14.463 13.981
9229 15.211 1.000 -3.240 15.989 14.493 9207.170 14.493 13.990
9230 15.147 1.000 -3.190 15.844 14.355 9207.240 14.355 13.999
9231 15.388 1.000 -3.140 16.338 14.798 9207.310 14.798 14.007
9232 15.300 1.000 -3.110 16.143 14.631 9208.070 14.631 14.016
9233 15.328 1.000 -3.080 16.192 14.680 9208.140 14.680 14.024
9234 15.245 1.000 -3.050 16.006 14.498 9208.210 14.498 14.032
9235 15.254 1.000 -3.030 16.015 14.498 9208.280 14.498 14.040
9236 15.304 1.000 -3.010 16.111 14.582 9209.040 14.582 14.049
9237 15.359 1.000 -2.960 16.217 14.665 9209.110 14.665 14.057
9238 15.429 1.000 -2.900 16.356 14.778 9209.180 14.778 14.065
9239 15.281 1.000 -2.880 16.034 14.483 9209.250 14.483 14.073
9240 15.218 1.000 -2.870 15.892 14.345 9210.020 14.345 14.080
9241 15.081 1.000 -2.830 15.598 14.089 9210.090 14.089 14.088
9242 15.259 1.000 -2.770 15.958 14.385 9210.160 14.385 14.096
9243 15.311 1.000 -2.790 16.058 14.468 9210.230 14.468 14.103
9244 15.404 1.000 -2.740 16.244 14.626 9210.300 14.626 14.111
9245 15.392 1.000 -2.750 16.210 14.606 9211.060 14.606 14.118
9246 15.489 1.000 -2.740 16.406 14.769 9211.130 14.769 14.126
9247 15.575 1.000 -2.740 16.579 14.921 9211.200 14.921 14.133
9248 15.647 1.000 -2.740 16.724 15.039 9211.270 15.039 14.140
9249 15.689 1.000 -2.770 16.806 15.108 9212.040 15.108 14.148
9250 15.728 1.000 -2.790 16.879 15.177 9212.110 15.177 14.155
9251 15.873 1.000 -2.800 17.181 15.419 9212.180 15.419 14.163
9252 15.854 1.000 -2.830 17.131 15.364 9212.250 15.364 14.171
9253 15.789 1.000 -2.860 16.981 15.226 9301.010 15.226 14.178
9301 15.677 1.000 -2.920 16.731 15.012 9301.080 15.012 14.186
9302 15.833 1.000 -2.830 17.056 15.295 9301.150 15.295 14.194
9303 15.823 1.000 -2.770 17.024 15.255 9301.220 15.255 14.202
9304 15.880 1.000 -2.770 17.137 15.345 9301.290 15.345 14.209
9305 16.072 1.000 -2.740 17.543 15.707 9302.050 15.707 14.217
9306 16.002 1.000 -2.730 17.382 15.568 9302.120 15.568 14.224
9307 15.824 1.000 -2.710 16.986 15.126 9302.190 15.126 14.232
9308 15.999 1.000 -2.690 17.353 15.523 9302.260 15.523 14.239
9309 16.057 1.000 -2.710 17.469 15.632 9303.050 15.632 14.246
9310 16.132 1.000 -2.670 17.624 15.766 9303.120 15.766 14.254
9311 16.147 1.000 -2.660 17.647 15.771 9303.190 15.771 14.261
9312 16.112 1.000 -2.650 17.562 15.692 9303.260 15.692 14.268
9313 16.005 1.000 -2.660 17.320 15.474 9304.020 15.474 14.276
9314 16.022 1.000 -2.670 17.348 15.484 9304.090 15.484 14.283
9315 16.160 1.000 -2.640 17.637 15.727 9304.160 15.727 14.290
9316 15.954 1.000 -2.630 17.179 15.305 9304.230 15.305 14.297
9317 16.020 1.000 -2.610 17.313 15.414 9304.300 15.414 14.305
9318 16.067 1.000 -2.620 17.406 15.508 9305.070 15.508 14.312
9319 16.026 1.000 -2.590 17.308 15.414 9305.140 15.414 14.319
9320 16.149 1.000 -2.600 17.565 15.637 9305.210 15.637 14.326
9321 16.236 1.000 -2.590 17.746 15.796 9305.280 15.796 14.333
9322 16.243 1.000 -2.620 17.751 15.796 9306.040 15.796 14.340
9323 16.201 1.000 -2.620 17.651 15.712 9306.110 15.712 14.348
9324 16.145 1.000 -2.620 17.519 15.583 9306.180 15.583 14.355
9325 16.225 1.000 -2.620 17.684 15.712 9306.250 15.712 14.362
9326 16.201 1.000 -2.630 17.624 15.657 9307.020 15.657 14.369
9327 16.251 1.000 -2.630 17.725 15.732 9307.090 15.732 14.377
9328 16.217 1.000 -2.640 17.640 15.642 9307.160 15.642 14.384
9329 16.250 1.000 -2.630 17.703 15.687 9307.230 15.687 14.391
9330 16.277 1.000 -2.650 17.754 15.722 9307.300 15.722 14.398
9331 16.296 1.000 -2.650 17.785 15.747 9308.060 15.747 14.406
9332 16.331 1.000 -2.640 17.853 15.806 9308.130 15.806 14.413
9333 16.449 1.000 -2.640 18.102 16.019 9308.200 16.019 14.420
9334 16.536 1.000 -2.640 18.285 16.173 9308.270 16.173 14.428
9335 16.559 1.000 -2.640 18.327 16.208 9309.030 16.208 14.435
9336 16.575 1.000 -2.640 18.352 16.223 9309.100 16.223 14.442
9337 16.531 1.000 -2.640 18.246 16.124 9309.170 16.124 14.449
9338 16.518 1.000 -2.650 18.208 16.079 9309.240 16.079 14.457
9339 16.593 1.000 -2.650 18.364 16.208 9310.010 16.208 14.464
9340 16.584 1.000 -2.680 18.334 16.178 9310.080 16.178 14.471
9341 16.758 1.000 -2.640 18.710 16.501 9310.150 16.501 14.479
9342 16.655 1.000 -2.650 18.471 16.282 9310.220 16.282 14.486
9343 16.746 1.000 -2.640 18.662 16.441 9310.290 16.441 14.494
9344 16.607 1.000 -2.660 18.342 16.168 9311.050 16.168 14.501
9345 16.720 1.000 -2.650 18.584 16.372 9311.120 16.372 14.508
9346 16.679 1.000 -2.670 18.482 16.282 9311.190 16.282 14.516
9347 16.696 1.000 -2.670 18.510 16.302 9311.260 16.302 14.523
9348 16.737 1.000 -2.690 18.593 16.347 9312.030 16.347 14.531
9349 16.728 1.000 -2.690 18.564 16.322 9312.100 16.322 14.538
9350 16.781 1.000 -2.690 18.672 16.352 9312.170 16.352 14.546
9351 16.808 1.000 -2.710 18.721 16.322 9312.240 16.322 14.553
9352 16.800 1.000 -2.720 18.693 16.374 9312.310 16.374 14.561
9401 16.871 1.000 -2.750 18.841 16.384 9401.070 16.384 14.568
9402 16.969 1.000 -2.710 19.052 16.414 9401.140 16.414 14.576
9403 16.975 1.000 -2.690 19.054 16.414 9401.210 16.414 14.584
9404 17.054 1.000 -2.680 19.223 16.399 9401.280 16.399 14.591
9405 16.905 1.000 -2.680 18.876 16.434 9402.040 16.434 14.599
9406 16.920 1.000 -2.710 18.901 16.399 9402.110 16.399 14.606
9407 16.884 1.000 -2.750 18.810 16.414 9402.180 16.414 14.614
9408 16.864 1.000 -2.770 18.755 16.419 9402.250 16.419 14.621
9409 16.849 1.000 -2.790 18.711 16.434 9403.040 16.434 14.629
9410 16.888 1.000 -2.810 18.789 16.429 9403.110 16.429 14.637
9411 16.981 1.000 -2.830 18.985 16.470 9403.180 16.470 14.645
9412 16.801 1.000 -2.860 18.573 16.455 9403.250 16.455 14.653
9413 16.540 1.000 -2.930 17.985 16.470 9404.010 16.470 14.661
9414 16.574 1.000 -2.970 18.049 16.460 9404.080 16.460 14.669
9415 16.566 1.000 -3.000 18.023 16.505 9404.150 16.505 14.677
9416 16.603 1.000 -3.040 18.092 16.460 9404.220 16.460 14.686
9417 16.674 1.000 -3.130 18.235 16.485 9404.290 16.485 14.694
9418 16.626 1.000 -3.150 18.121 16.540 9405.060 16.540 14.703
9419 16.568 1.000 -3.240 17.982 16.515 9405.130 16.515 14.712
9420 16.779 1.000 -3.310 18.430 16.510 9405.200 16.510 14.721
9421 16.834 1.000 -3.470 18.538 16.525 9405.270 16.525 14.731
9422 16.895 1.000 -3.510 18.662 16.515 9406.030 16.515 14.740
9423 16.879 1.000 -3.570 18.613 16.525 9406.100 16.525 14.750
9424 16.886 1.000 -3.590 18.615 16.485 9406.170 16.485 14.760
9425 16.608 1.000 -3.630 17.990 16.555 9406.240 16.555 14.771
9426 16.683 1.000 -3.640 18.139 16.540 9407.010 16.540 14.781
9427 16.756 1.000 -3.700 18.285 16.545 9407.080 16.545 14.791
9428 16.852 1.000 -3.750 18.483 16.545 9407.150 16.545 14.802
9429 16.844 1.000 -3.780 18.451 16.550 9407.220 16.550 14.812
9430 16.950 1.000 -3.800 18.671 16.550 9407.290 16.550 14.823
9431 16.939 1.000 -3.830 18.633 16.565 9408.050 16.565 14.834
9432 17.040 1.000 -3.850 18.841 16.565 9408.120 16.565 14.845
9433 17.083 1.000 -3.880 18.923 16.580 9408.190 16.580 14.856
9434 17.281 1.000 -4.030 19.346 16.570 9408.260 16.570 14.867
9435 17.241 1.000 -4.080 19.242 16.590 9409.020 16.590 14.878
9436 17.201 1.000 -4.120 19.137 16.601 9409.090 16.601 14.890
9437 17.267 1.000 -4.140 19.271 16.606 9409.160 16.606 14.902
9438 17.068 1.000 -4.170 18.810 16.611 9409.230 16.611 14.914
9439 17.135 1.000 -4.200 18.944 16.626 9409.300 16.626 14.925
9440 17.006 1.000 -4.260 18.644 16.631 9410.070 16.631 14.937
9441 17.280 1.000 -4.290 19.228 16.626 9410.140 16.626 14.950
9442 17.214 1.000 -4.310 19.066 16.646 9410.210 16.646 14.962
9443 17.390 1.000 -4.350 19.440 16.631 9410.280 16.631 14.974
9444 17.191 1.000 -4.400 18.979 16.666 9411.040 16.666 14.987
9445 17.205 1.000 -4.410 18.993 16.661 9411.110 16.661 14.999
9446 17.201 1.000 -4.500 18.967 16.666 9411.180 16.666 15.012
9447 17.042 1.000 -4.770 18.600 16.681 9411.250 16.681 15.025
9448 17.073 1.000 -4.840 18.653 16.696 9412.020 16.696 15.039
9449 16.967 1.000 -4.910 18.402 16.707 9412.090 16.707 15.053
9450 17.204 1.000 -4.970 18.900 16.725 9412.160 16.725 15.067
9451 17.237 1.000 -5.040 18.953 16.719 9412.230 16.719 15.081
9452 17.239 1.000 -5.120 18.941 16.744 9412.300 16.744 15.096
9501 17.279 1.000 -5.180 19.009 16.750 9501.060 16.750 15.111
9502 17.391 1.000 -5.180 19.237 16.756 9501.130 16.756 15.126
9503 17.382 1.000 -5.160 19.198 16.769 9501.200 16.769 15.141
9504 17.500 1.000 -5.170 19.440 16.775 9501.270 16.775 15.156
9505 17.667 1.000 -5.230 19.791 16.787 9502.030 16.787 15.171
9506 17.732 1.000 -5.370 19.917 16.831 9502.100 16.831 15.186
9507 17.755 1.000 -5.430 19.948 16.831 9502.170 16.831 15.202
9508 17.882 1.000 -5.480 20.213 17.073 9502.240 17.073 15.217
9509 17.846 1.000 -5.490 20.111 16.986 9503.030 16.986 15.233
9510 17.936 1.000 -5.490 20.293 17.135 9503.100 17.135 15.250
9511 18.059 1.000 -5.500 20.550 17.339 9503.170 17.339 15.266
9512 18.173 1.000 -5.520 20.786 17.519 9503.240 17.519 15.282
9513 18.182 1.000 -5.530 20.785 17.519 9503.310 17.519 15.298
9514 18.300 1.000 -5.580 21.034 17.724 9504.070 17.724 15.314
9515 18.366 1.000 -5.530 21.162 17.811 9504.140 17.811 15.330
9516 18.367 1.000 -5.540 21.143 17.786 9504.210 17.786 15.347
9517 18.494 1.000 -5.510 21.413 18.003 9504.280 18.003 15.363
9518 18.606 1.000 -5.530 21.649 18.201 9505.050 18.201 15.379
9519 18.718 1.000 -5.510 21.887 18.400 9505.120 18.400 15.396
9520 18.620 1.000 -5.520 21.634 18.176 9505.190 18.176 15.412
9521 18.715 1.000 -5.510 21.831 18.338 9505.260 18.338 15.428
9522 18.888 1.000 -5.510 22.212 18.642 9506.020 18.642 15.444
9523 18.822 1.000 -5.500 22.033 18.480 9506.090 18.480 15.461
9524 19.048 1.000 -5.490 22.541 18.902 9506.160 18.902 15.477
9525 19.238 1.000 -5.490 22.965 19.243 9506.230 19.243 15.493
9526 19.166 1.000 -5.460 22.769 19.069 9506.300 19.069 15.510
9527 19.385 1.000 -5.470 23.266 19.485 9507.070 19.485 15.526
9528 19.461 1.000 -5.420 23.425 19.597 9507.140 19.597 15.542
9529 19.367 1.000 -5.340 23.174 19.380 9507.210 19.380 15.558
9530 19.545 1.000 -5.320 23.576 19.696 9507.280 19.696 15.574
9531 19.490 1.000 -5.310 23.420 19.566 9508.040 19.566 15.590
9532 19.438 1.000 -5.290 23.271 19.435 9508.110 19.435 15.606
9533 19.525 1.000 -5.270 23.455 19.572 9508.180 19.572 15.622
9534 19.555 1.000 -5.270 23.504 19.603 9508.250 19.603 15.638
9535 19.635 1.000 -5.250 23.672 19.733 9509.010 19.733 15.654
9536 19.804 1.000 -5.250 24.055 20.043 9509.080 20.043 15.669
9537 20.003 1.000 -5.240 24.515 20.428 9509.150 20.428 15.685
9538 19.990 1.000 -5.250 24.458 20.378 9509.220 20.378 15.701
9539 20.051 1.000 -5.210 24.583 20.471 9509.290 20.471 15.717
9540 20.033 1.000 -5.290 24.514 20.421 9510.060 20.421 15.732
9541 20.082 1.000 -5.200 24.610 20.477 9510.130 20.477 15.748
9542 20.148 1.000 -5.210 24.746 20.583 9510.200 20.583 15.764
9543 20.030 1.000 -5.200 24.431 20.310 9510.270 20.310 15.780
Risk-adjusted
Rightime Blue Chip Fund comparison of change
Balanced Reference Index in value of $10,000
(50% S&P 500/50% Money Market) investment in the
Money Market Fund Index Rightime Blue Chip
Fund, Balanced
Reference Index (50%
S&P/50% Money
Market), and Money
Market Fund Index.
</TABLE>
October 31, 1995
The Rightime
Rightime Social Awareness Fund
Family of Funds Performance Comparison
- -------------------------------------------------------------------------
Our fiscal year ending October 31, 1995 was an excellent year for equity
investments. As the uncertainty and gloom of 1994 dissipated, stock
rallied. Prices were driven higher by strong earnings growth and
declining interest rates. The volatile technology sector has been the
rally's performance leader, while large- capitalization stocks have
outperformed other sectors.
The Rightime Social Awareness Fund, under the guidance of the Rightime
Market Model (RTMM(registered trademark)), has participated in most of
this year's rally. The model provided the discipline to establish a
fully invested position in early February 1995 and has performed very
well relative to blue chip and small-cap stocks. The Fund selects stocks
based on a combination of factors. The Fund initially evaluates
companies which meet the social criteria of the Domini Social Index.
These criteria are no alcohol, tobacco, or gambling stocks, no defense
or nuclear exposure, and companies which are environmentally responsible
with good employee relations. Stocks are then selected with higher value
placed on securities which demonstrate earnings growth, momentum, and
consistency while also appearing to be a fairly priced value.
The Fund remains fully invested in equities and continues to follow the
allocations determined by the Rightime Market Model (RTMM(registered
trademark)).
- --------------------------------------------------
Average Annual Total Return
- --------------------------------------------------
Since Inception
1 Year 5 Years March 1, 1990
- --------------------------------------------------
16.87% 10.84% 7.31%
- --------------------------------------------------
Performance Comparison
The "Performance Comparison" chart assesses the Rightime Social
Awareness Fund's performance against the Lipper Growth Fund Index, a
broad based index. The "Risk Adjusted Performance Comparison" more
closely reflects the fund's performance as compared to a consistent risk
level.
The Social Awareness Fund utilizes a modeled approach to investing which
attempts to minimize risk by moving assets to money market equivalent
investments during periods in which the market appears to be overvalued.
This approach, over full market cycles, tends to invest in low risk, or
money market-like securities approximately half of the time. In order to
provide an equivalent risk level this comparison assumes that assets are
invested half in the Lipper Growth Fund Index and half in a money market
fund index. This balanced index approaches the risk level of each fund
that has been in existence for at least one full market cycle and
therefore provides a more meaningful performance comparison.
The performance shown represents past performance and is not a guarantee
of future results. A mutual fund's share price and investment return
will vary with market conditions, and the principal value of shares,
when redeemed, may be more or less than the original cost.
Average annual total returns are historical in nature and measure net
investment income and capital gain or loss from portfolio investments
assuming reinvestment of dividends and reflecting the 4.75% sales
charge.
Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lpprgrth.w.f0 rtmmyld.w rightime_saf.temp rightime_saf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 9008 9.190 1.000 -7.700 9.471 8.359 9002.230 8.359 10.000
mx 9543 21.676 1.000 -2.590 21.506 15.160 9510.270 15.160 12.985
cl 9543 21.221 1.000 -5.200 21.233 14.888 9510.270 14.888 12.985
xb 297 14.674 1.000 -4.606 14.538 11.311 9255.144 11.311 11.583
sd 2.992 0.000 1.699 2.824 1.472 165.340 1.472 0.763
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_saf.temp -> -0.371 0.565 0.416 7.241 -0.605 9.580
lpprgrth.w.f0 -> 0.494 0.967 0.873 14.131 -0.029 11.317
defensive -> 4.680 0.001 0.003 4.696 -2.958 0.235
- --------------------------------------------------------------------------------
9008 10.000 1.000 -7.650 10.000 10.000 9002.230 10.000 10.000
9009 10.306 1.000 -7.650 10.358 9.525 9003.020 9.525 10.015
9010 10.430 1.000 -7.630 10.438 9.590 9003.090 9.590 10.029
9011 10.519 1.000 -7.650 10.568 9.632 9003.160 9.632 10.044
9012 10.400 1.000 -7.670 10.429 9.498 9003.230 9.498 10.059
9013 10.470 1.000 -7.690 10.520 9.495 9003.300 9.495 10.074
9014 10.443 1.000 -7.670 10.532 9.567 9004.060 9.567 10.088
9015 10.587 1.000 -7.690 10.672 9.590 9004.130 9.590 10.103
9016 10.343 1.000 -7.690 10.394 9.571 9004.200 9.571 10.118
9017 10.171 1.000 -7.690 10.215 9.578 9004.270 9.578 10.133
9018 10.448 1.000 -7.670 10.511 9.582 9005.040 9.582 10.148
9019 10.839 1.000 -7.660 10.941 9.578 9005.110 9.578 10.163
9020 10.954 1.000 -7.700 11.031 9.624 9005.180 9.624 10.178
9021 11.033 1.000 -7.680 11.037 9.666 9005.250 9.666 10.193
9022 11.274 1.000 -7.680 11.311 9.864 9006.010 9.864 10.208
9023 11.179 1.000 -7.670 11.180 9.601 9006.080 9.601 10.223
9024 11.309 1.000 -7.650 11.319 9.708 9006.150 9.708 10.238
9025 11.141 1.000 -7.670 11.093 9.529 9006.220 9.529 10.253
9026 11.233 1.000 -7.670 11.182 9.495 9006.290 9.495 10.268
9027 11.307 1.000 -7.680 11.202 9.517 9007.060 9.517 10.283
9028 11.584 1.000 -7.650 11.487 9.784 9007.130 9.784 10.298
9029 11.338 1.000 -7.660 11.316 9.441 9007.200 9.441 10.313
9030 11.048 1.000 -7.590 11.067 9.228 9007.270 9.228 10.329
9031 10.652 1.000 -7.560 10.806 9.014 9008.030 9.014 10.344
9032 10.445 1.000 -7.500 10.520 8.961 9008.100 8.961 10.359
9033 10.187 1.000 -7.500 10.287 8.957 9008.170 8.957 10.374
9034 9.701 1.000 -7.510 9.782 8.961 9008.240 8.961 10.388
9035 10.029 1.000 -7.480 10.136 8.969 9008.310 8.969 10.403
9036 10.035 1.000 -7.470 10.170 8.976 9009.070 8.976 10.418
9037 9.871 1.000 -7.470 9.970 8.988 9009.140 8.988 10.433
9038 9.596 1.000 -7.460 9.804 8.995 9009.210 8.995 10.448
9039 9.425 1.000 -7.470 9.645 9.003 9009.280 9.003 10.463
9040 9.574 1.000 -7.480 9.825 9.014 9010.050 9.014 10.478
9041 9.190 1.000 -7.480 9.471 8.512 9010.120 8.512 10.493
9042 9.467 1.000 -7.440 9.871 8.492 9010.190 8.492 10.508
9043 9.341 1.000 -7.450 9.633 8.489 9010.260 8.489 10.523
9044 9.444 1.000 -7.420 9.867 8.492 9011.020 8.492 10.538
9045 9.535 1.000 -7.380 9.934 8.500 9011.090 8.500 10.553
9046 9.715 1.000 -7.340 10.049 8.508 9011.160 8.508 10.568
9047 9.659 1.000 -7.350 9.992 8.382 9011.230 8.382 10.583
9048 9.894 1.000 -7.270 10.226 8.622 9011.300 8.622 10.598
9049 10.123 1.000 -7.270 10.409 8.752 9012.070 8.752 10.613
9050 10.108 1.000 -7.220 10.387 8.729 9012.140 8.729 10.628
9051 10.242 1.000 -7.170 10.551 8.843 9012.210 8.843 10.642
9052 10.185 1.000 -7.160 10.462 8.805 9012.280 8.805 10.657
9101 9.994 1.000 -7.380 10.223 8.537 9101.040 8.537 10.672
9102 9.856 1.000 -7.090 10.047 8.359 9101.110 8.359 10.687
9103 10.319 1.000 -6.910 10.595 8.778 9101.180 8.778 10.701
9104 10.556 1.000 -6.790 10.725 8.848 9101.250 8.848 10.715
9105 10.875 1.000 -6.760 10.954 9.061 9102.010 9.061 10.729
9106 11.352 1.000 -6.650 11.481 9.569 9102.080 9.569 10.743
9107 11.613 1.000 -6.450 11.799 9.859 9102.150 9.859 10.757
9108 11.588 1.000 -6.350 11.696 9.801 9102.220 9.801 10.770
9109 11.748 1.000 -6.290 11.857 9.821 9103.010 9.821 10.783
9110 11.991 1.000 -6.190 12.008 10.174 9103.080 10.174 10.796
9111 11.835 1.000 -6.150 11.971 10.057 9103.150 10.057 10.809
9112 11.680 1.000 -6.060 11.782 9.987 9103.220 9.987 10.822
9113 11.946 1.000 -6.040 12.037 10.352 9103.290 10.352 10.835
9114 12.095 1.000 -6.020 12.050 10.414 9104.050 10.414 10.847
9115 12.246 1.000 -5.940 12.220 10.565 9104.120 10.565 10.860
9116 12.311 1.000 -5.820 12.350 10.616 9104.190 10.616 10.872
9117 12.144 1.000 -5.790 12.191 10.391 9104.260 10.391 10.884
9118 12.192 1.000 -5.740 12.256 10.379 9105.030 10.379 10.896
9119 12.139 1.000 -5.650 12.101 10.282 9105.100 10.282 10.908
9120 11.949 1.000 -5.580 12.002 10.135 9105.170 10.135 10.920
9121 12.170 1.000 -5.580 12.174 10.340 9105.240 10.340 10.932
9122 12.496 1.000 -5.530 12.580 10.550 9105.310 10.550 10.943
9123 12.237 1.000 -5.510 12.252 10.212 9106.070 10.212 10.955
9124 12.199 1.000 -5.480 12.353 10.100 9106.140 10.100 10.967
9125 12.042 1.000 -5.480 12.214 10.104 9106.210 10.104 10.978
9126 11.805 1.000 -5.480 12.009 10.111 9106.280 10.111 10.990
9127 11.903 1.000 -5.500 12.111 10.119 9107.050 10.119 11.001
9128 12.215 1.000 -5.460 12.319 10.123 9107.120 10.123 11.013
9129 12.347 1.000 -5.470 12.455 10.131 9107.190 10.131 11.024
9130 12.203 1.000 -5.460 12.357 10.139 9107.260 10.139 11.036
9131 12.474 1.000 -5.450 12.567 10.143 9108.020 10.143 11.047
9132 12.506 1.000 -5.440 12.573 10.150 9108.090 10.150 11.059
9133 12.492 1.000 -5.400 12.531 10.158 9108.160 10.158 11.071
9134 12.700 1.000 -5.350 12.818 10.166 9108.230 10.166 11.082
9135 12.787 1.000 -5.310 12.867 10.170 9108.300 10.170 11.093
9136 12.585 1.000 -5.260 12.668 9.960 9109.060 9.960 11.105
9137 12.489 1.000 -5.260 12.497 9.852 9109.130 9.852 11.116
9138 12.702 1.000 -5.210 12.646 9.972 9109.200 9.972 11.127
9139 12.670 1.000 -5.180 12.588 9.859 9109.270 9.859 11.138
9140 12.537 1.000 -5.160 12.443 9.743 9110.040 9.743 11.149
9141 12.473 1.000 -5.080 12.458 9.638 9110.110 9.638 11.160
9142 12.869 1.000 -5.020 12.827 9.871 9110.180 9.871 11.171
9143 12.574 1.000 -5.020 12.563 9.662 9110.250 9.662 11.182
9144 12.872 1.000 -4.970 12.803 9.856 9111.010 9.856 11.193
9145 12.960 1.000 -4.930 12.862 9.980 9111.080 9.980 11.203
9146 12.658 1.000 -4.810 12.534 9.724 9111.150 9.724 11.214
9147 12.481 1.000 -4.780 12.329 9.662 9111.220 9.662 11.224
9148 12.385 1.000 -4.700 12.307 9.681 9111.290 9.681 11.235
9149 12.566 1.000 -4.660 12.442 9.859 9112.060 9.859 11.245
9150 12.734 1.000 -4.630 12.626 9.980 9112.130 9.980 11.255
9151 12.738 1.000 -4.590 12.718 10.084 9112.200 10.084 11.265
9152 13.475 1.000 -4.530 13.364 10.534 9112.270 10.534 11.275
9201 13.874 1.000 -4.510 13.794 10.970 9201.030 10.970 11.284
9202 13.957 1.000 -4.400 13.662 10.872 9201.100 10.872 11.294
9203 14.011 1.000 -4.190 13.793 10.907 9201.170 10.907 11.304
9204 13.941 1.000 -4.050 13.689 10.852 9201.240 10.852 11.313
9205 13.781 1.000 -3.990 13.476 10.695 9201.310 10.695 11.322
9206 13.962 1.000 -3.920 13.560 10.797 9202.070 10.797 11.330
9207 13.939 1.000 -3.850 13.613 10.813 9202.140 10.813 11.339
9208 13.898 1.000 -3.780 13.587 10.679 9202.210 10.679 11.347
9209 13.990 1.000 -3.780 13.635 10.813 9202.280 10.813 11.355
9210 13.691 1.000 -3.750 13.369 10.813 9203.060 10.813 11.364
9211 13.731 1.000 -3.720 13.426 10.805 9203.130 10.805 11.372
9212 13.904 1.000 -3.720 13.611 10.809 9203.200 10.809 11.380
9213 13.621 1.000 -3.730 13.360 10.805 9203.270 10.805 11.388
9214 13.438 1.000 -3.730 13.304 10.797 9204.030 10.797 11.396
9215 13.518 1.000 -3.740 13.403 10.778 9204.100 10.778 11.404
9216 13.751 1.000 -3.660 13.801 10.766 9204.170 10.766 11.413
9217 13.458 1.000 -3.620 13.576 10.746 9204.240 10.746 11.421
9218 13.580 1.000 -3.590 13.701 10.766 9205.010 10.766 11.428
9219 13.740 1.000 -3.550 13.826 10.774 9205.080 10.774 11.436
9220 13.576 1.000 -3.510 13.636 10.495 9205.150 10.495 11.444
9221 13.681 1.000 -3.510 13.775 10.581 9205.220 10.581 11.452
9222 13.754 1.000 -3.470 13.828 10.605 9205.290 10.605 11.460
9223 13.689 1.000 -3.490 13.774 10.538 9206.050 10.538 11.467
9224 13.474 1.000 -3.450 13.658 10.483 9206.120 10.483 11.475
9225 13.187 1.000 -3.440 13.464 10.444 9206.190 10.444 11.482
9226 13.171 1.000 -3.420 13.465 10.467 9206.260 10.467 11.490
9227 13.536 1.000 -3.440 13.750 10.624 9207.030 10.624 11.498
9228 13.711 1.000 -3.350 13.854 10.770 9207.100 10.770 11.505
9229 13.595 1.000 -3.240 13.895 10.793 9207.170 10.793 11.512
9230 13.473 1.000 -3.190 13.769 10.695 9207.240 10.695 11.520
9231 13.865 1.000 -3.140 14.199 10.966 9207.310 10.966 11.527
9232 13.725 1.000 -3.110 14.029 10.919 9208.070 10.919 11.534
9233 13.723 1.000 -3.080 14.072 11.021 9208.140 11.021 11.541
9234 13.565 1.000 -3.050 13.911 11.017 9208.210 11.017 11.547
9235 13.581 1.000 -3.030 13.919 10.997 9208.280 10.997 11.554
9236 13.713 1.000 -3.010 14.002 11.005 9209.040 11.005 11.561
9237 13.811 1.000 -2.960 14.094 11.041 9209.110 11.041 11.567
9238 13.933 1.000 -2.900 14.215 11.092 9209.180 11.092 11.574
9239 13.640 1.000 -2.880 13.935 11.052 9209.250 11.052 11.580
9240 13.545 1.000 -2.870 13.812 11.088 9210.020 11.088 11.587
9241 13.385 1.000 -2.830 13.556 11.084 9210.090 11.084 11.593
9242 13.652 1.000 -2.770 13.869 11.363 9210.160 11.363 11.600
9243 13.815 1.000 -2.790 13.956 11.429 9210.230 11.429 11.606
9244 13.959 1.000 -2.740 14.117 11.637 9210.300 11.637 11.612
9245 14.092 1.000 -2.750 14.088 11.657 9211.060 11.657 11.618
9246 14.349 1.000 -2.740 14.259 11.865 9211.130 11.865 11.624
9247 14.448 1.000 -2.740 14.408 11.975 9211.200 11.975 11.630
9248 14.600 1.000 -2.740 14.534 12.057 9211.270 12.057 11.636
9249 14.688 1.000 -2.770 14.606 12.163 9212.040 12.163 11.642
9250 14.678 1.000 -2.790 14.669 12.128 9212.110 12.128 11.649
9251 14.853 1.000 -2.800 14.932 12.372 9212.180 12.372 11.655
9252 14.832 1.000 -2.830 14.888 12.391 9212.250 12.391 11.661
9253 14.888 1.000 -2.860 14.758 12.302 9301.010 12.302 11.667
9301 14.749 1.000 -2.920 14.540 12.209 9301.080 12.209 11.674
9302 15.094 1.000 -2.830 14.823 12.395 9301.150 12.395 11.680
9303 15.141 1.000 -2.770 14.795 12.285 9301.220 12.285 11.687
9304 15.097 1.000 -2.770 14.894 12.408 9301.290 12.408 11.693
9305 15.412 1.000 -2.740 15.246 12.667 9302.050 12.667 11.699
9306 15.201 1.000 -2.730 15.106 12.501 9302.120 12.501 11.705
9307 14.767 1.000 -2.710 14.762 12.133 9302.190 12.133 11.711
9308 14.997 1.000 -2.690 15.081 12.400 9302.260 12.400 11.718
9309 15.215 1.000 -2.710 15.182 12.523 9303.050 12.523 11.724
9310 15.395 1.000 -2.670 15.317 12.616 9303.120 12.616 11.730
9311 15.338 1.000 -2.660 15.337 12.539 9303.190 12.539 11.736
9312 15.294 1.000 -2.650 15.263 12.421 9303.260 12.421 11.742
9313 15.050 1.000 -2.660 15.053 12.345 9304.020 12.345 11.748
9314 15.111 1.000 -2.670 15.077 12.162 9304.090 12.162 11.754
9315 15.288 1.000 -2.640 15.328 12.251 9304.160 12.251 11.760
9316 15.058 1.000 -2.630 14.930 11.989 9304.230 11.989 11.766
9317 15.141 1.000 -2.610 15.046 12.103 9304.300 12.103 11.772
9318 15.357 1.000 -2.620 15.127 12.209 9305.070 12.209 11.777
9319 15.291 1.000 -2.590 15.042 12.146 9305.140 12.146 11.783
9320 15.581 1.000 -2.600 15.265 12.438 9305.210 12.438 11.789
9321 15.747 1.000 -2.590 15.423 12.480 9305.280 12.480 11.795
9322 15.815 1.000 -2.620 15.427 12.311 9306.040 12.311 11.801
9323 15.625 1.000 -2.620 15.340 12.328 9306.110 12.328 11.807
9324 15.545 1.000 -2.620 15.226 12.082 9306.180 12.082 11.813
9325 15.674 1.000 -2.620 15.369 12.247 9306.250 12.247 11.819
9326 15.751 1.000 -2.630 15.317 12.188 9307.020 12.188 11.825
9327 15.779 1.000 -2.630 15.404 12.264 9307.090 12.264 11.831
9328 15.738 1.000 -2.640 15.331 12.158 9307.160 12.158 11.837
9329 15.752 1.000 -2.630 15.386 12.154 9307.230 12.154 11.843
9330 15.874 1.000 -2.650 15.430 12.234 9307.300 12.234 11.849
9331 16.041 1.000 -2.650 15.457 12.285 9308.060 12.285 11.855
9332 16.114 1.000 -2.640 15.516 12.294 9308.130 12.294 11.861
9333 16.372 1.000 -2.640 15.732 12.400 9308.200 12.400 11.867
9334 16.470 1.000 -2.640 15.891 12.357 9308.270 12.357 11.873
9335 16.558 1.000 -2.640 15.927 12.362 9309.030 12.362 11.879
9336 16.500 1.000 -2.640 15.949 12.451 9309.100 12.451 11.885
9337 16.402 1.000 -2.640 15.858 12.243 9309.170 12.243 11.891
9338 16.587 1.000 -2.650 15.825 12.298 9309.240 12.298 11.897
9339 16.748 1.000 -2.650 15.960 12.374 9310.010 12.374 11.903
9340 16.750 1.000 -2.680 15.934 12.383 9310.080 12.383 11.909
9341 17.089 1.000 -2.640 16.260 12.544 9310.150 12.544 11.915
9342 16.842 1.000 -2.650 16.053 12.311 9310.220 12.311 11.921
9343 16.931 1.000 -2.640 16.219 12.315 9310.290 12.315 11.927
9344 16.635 1.000 -2.660 15.941 12.065 9311.050 12.065 11.933
9345 16.887 1.000 -2.650 16.151 12.205 9311.120 12.205 11.939
9346 16.560 1.000 -2.670 16.063 12.044 9311.190 12.044 11.945
9347 16.580 1.000 -2.670 16.087 12.065 9311.260 12.065 11.951
9348 16.775 1.000 -2.690 16.159 12.018 9312.030 12.018 11.957
9349 16.757 1.000 -2.690 16.134 12.018 9312.100 12.018 11.964
9350 16.764 1.000 -2.690 16.227 12.018 9312.170 12.018 11.970
9351 16.815 1.000 -2.710 16.270 12.023 9312.240 12.023 11.976
9352 17.000 1.000 -2.720 16.246 12.023 9312.310 12.023 11.982
9401 17.098 1.000 -2.750 16.375 12.027 9401.070 12.027 11.988
9402 17.275 1.000 -2.710 16.558 12.027 9401.140 12.027 11.995
9403 17.277 1.000 -2.690 16.559 12.027 9401.210 12.027 12.001
9404 17.402 1.000 -2.680 16.707 12.032 9401.280 12.032 12.007
9405 17.166 1.000 -2.680 16.405 12.032 9402.040 12.032 12.013
9406 17.229 1.000 -2.710 16.426 12.032 9402.110 12.032 12.020
9407 17.244 1.000 -2.750 16.348 12.036 9402.180 12.036 12.026
9408 17.140 1.000 -2.770 16.300 12.036 9402.250 12.036 12.032
9409 17.191 1.000 -2.790 16.262 12.041 9403.040 12.041 12.038
9410 17.275 1.000 -2.810 16.329 12.041 9403.110 12.041 12.045
9411 17.518 1.000 -2.830 16.500 12.045 9403.180 12.045 12.051
9412 17.110 1.000 -2.860 16.141 12.045 9403.250 12.045 12.058
9413 16.408 1.000 -2.930 15.631 12.045 9404.010 12.045 12.065
9414 16.654 1.000 -2.970 15.686 12.050 9404.080 12.050 12.071
9415 16.425 1.000 -3.000 15.663 12.054 9404.150 12.054 12.078
9416 16.332 1.000 -3.040 15.723 12.054 9404.220 12.054 12.085
9417 16.590 1.000 -3.130 15.848 12.059 9404.290 12.059 12.092
9418 16.485 1.000 -3.150 15.748 12.059 9405.060 12.059 12.099
9419 16.228 1.000 -3.240 15.628 12.063 9405.130 12.063 12.107
9420 16.584 1.000 -3.310 16.017 12.068 9405.200 12.068 12.114
9421 16.672 1.000 -3.470 16.111 12.072 9405.270 12.072 12.122
9422 16.777 1.000 -3.510 16.219 12.077 9406.030 12.077 12.130
9423 16.640 1.000 -3.570 16.176 12.082 9406.100 12.082 12.138
9424 16.635 1.000 -3.590 16.178 12.086 9406.170 12.086 12.147
9425 15.985 1.000 -3.630 15.635 12.091 9406.240 12.091 12.155
9426 16.168 1.000 -3.640 15.764 12.095 9407.010 12.095 12.163
9427 16.289 1.000 -3.700 15.892 12.100 9407.080 12.100 12.172
9428 16.497 1.000 -3.750 16.063 12.100 9407.150 12.100 12.181
9429 16.390 1.000 -3.780 16.035 12.104 9407.220 12.104 12.189
9430 16.557 1.000 -3.800 16.226 12.109 9407.290 12.109 12.198
9431 16.516 1.000 -3.830 16.194 12.113 9408.050 12.113 12.207
9432 16.725 1.000 -3.850 16.375 12.113 9408.120 12.113 12.216
9433 16.845 1.000 -3.880 16.445 12.118 9408.190 12.118 12.225
9434 17.217 1.000 -4.030 16.813 12.122 9408.260 12.122 12.234
9435 17.132 1.000 -4.080 16.723 12.127 9409.020 12.127 12.244
9436 17.095 1.000 -4.120 16.632 12.131 9409.090 12.131 12.253
9437 17.236 1.000 -4.140 16.748 12.136 9409.160 12.136 12.263
9438 16.814 1.000 -4.170 16.347 12.140 9409.230 12.140 12.273
9439 16.889 1.000 -4.200 16.464 12.145 9409.300 12.145 12.282
9440 16.606 1.000 -4.260 16.203 12.149 9410.070 12.149 12.292
9441 17.032 1.000 -4.290 16.710 12.154 9410.140 12.154 12.302
9442 16.959 1.000 -4.310 16.569 12.154 9410.210 12.154 12.312
9443 17.239 1.000 -4.350 16.895 12.159 9410.280 12.159 12.323
9444 16.906 1.000 -4.400 16.495 12.159 9411.040 12.159 12.333
9445 16.889 1.000 -4.410 16.506 12.163 9411.110 12.163 12.343
9446 16.871 1.000 -4.500 16.484 12.168 9411.180 12.168 12.354
9447 16.450 1.000 -4.770 16.165 12.177 9411.250 12.177 12.364
9448 16.476 1.000 -4.840 16.211 12.181 9412.020 12.181 12.376
9449 16.080 1.000 -4.910 15.993 12.191 9412.090 12.191 12.387
9450 16.474 1.000 -4.970 16.426 12.196 9412.160 12.196 12.399
9451 16.616 1.000 -5.040 16.472 12.200 9412.230 12.200 12.411
9452 16.700 1.000 -5.120 16.461 12.210 9412.300 12.210 12.423
9501 16.657 1.000 -5.180 16.520 12.214 9501.060 12.214 12.435
9502 16.870 1.000 -5.180 16.719 12.219 9501.130 12.219 12.447
9503 16.791 1.000 -5.160 16.685 12.228 9501.200 12.228 12.460
9504 16.807 1.000 -5.170 16.895 12.233 9501.270 12.233 12.472
9505 17.122 1.000 -5.230 17.200 12.237 9502.030 12.237 12.484
9506 17.313 1.000 -5.370 17.310 12.265 9502.100 12.265 12.497
9507 17.259 1.000 -5.430 17.337 12.265 9502.170 12.265 12.510
9508 17.383 1.000 -5.480 17.566 12.362 9502.240 12.362 12.523
9509 17.440 1.000 -5.490 17.478 12.394 9503.030 12.394 12.536
9510 17.477 1.000 -5.490 17.636 12.440 9503.100 12.440 12.549
9511 17.677 1.000 -5.500 17.859 12.592 9503.170 12.592 12.562
9512 17.910 1.000 -5.520 18.065 12.698 9503.240 12.698 12.575
9513 17.907 1.000 -5.530 18.064 12.657 9503.310 12.657 12.589
9514 17.981 1.000 -5.580 18.280 12.786 9504.070 12.786 12.602
9515 18.289 1.000 -5.530 18.391 12.860 9504.140 12.860 12.616
9516 18.091 1.000 -5.540 18.375 12.717 9504.210 12.717 12.629
9517 18.414 1.000 -5.510 18.609 12.818 9504.280 12.818 12.642
9518 18.533 1.000 -5.530 18.815 12.906 9505.050 12.906 12.656
9519 18.842 1.000 -5.510 19.022 13.122 9505.120 13.122 12.669
9520 18.751 1.000 -5.520 18.801 12.910 9505.190 12.910 12.683
9521 18.915 1.000 -5.510 18.973 13.002 9505.260 13.002 12.696
9522 19.133 1.000 -5.510 19.304 13.214 9506.020 13.214 12.709
9523 19.171 1.000 -5.500 19.148 13.150 9506.090 13.150 12.723
9524 19.543 1.000 -5.490 19.590 13.431 9506.160 13.431 12.736
9525 20.043 1.000 -5.490 19.958 13.823 9506.230 13.823 12.750
9526 19.822 1.000 -5.460 19.788 13.648 9506.300 13.648 12.763
9527 20.439 1.000 -5.470 20.220 13.947 9507.070 13.947 12.777
9528 20.701 1.000 -5.420 20.358 14.159 9507.140 14.159 12.790
9529 20.214 1.000 -5.340 20.140 13.777 9507.210 13.777 12.803
9530 20.811 1.000 -5.320 20.489 14.159 9507.280 14.159 12.816
9531 20.583 1.000 -5.310 20.354 13.966 9508.040 13.966 12.829
9532 20.634 1.000 -5.290 20.225 13.993 9508.110 13.993 12.842
9533 21.074 1.000 -5.270 20.384 13.993 9508.180 13.993 12.855
9534 20.934 1.000 -5.270 20.427 14.012 9508.250 14.012 12.868
9535 21.047 1.000 -5.250 20.573 14.063 9509.010 14.063 12.881
9536 21.617 1.000 -5.250 20.906 14.358 9509.080 14.358 12.894
9537 21.676 1.000 -5.240 21.305 14.570 9509.150 14.570 12.907
9538 21.623 1.000 -5.250 21.256 14.662 9509.220 14.662 12.920
9539 21.624 1.000 -5.210 21.364 14.694 9509.290 14.694 12.933
9540 21.354 1.000 -5.290 21.304 14.782 9510.060 14.782 12.946
9541 21.514 1.000 -5.200 21.388 14.938 9510.130 14.938 12.959
9542 21.511 1.000 -5.210 21.506 15.160 9510.200 15.160 12.972
9543 21.221 1.000 -5.200 21.233 14.888 9510.270 14.888 12.985
Comparison of change
Rightime Social Awareness Fund in value of $10,000
Lipper Growth Fund Index investment in the
Money Market Fund Index Rightime Social
Awareness Fund,
Lipper Growth Fund
Index and Money
Market Fund Index.
</TABLE>
Risk-adjusted Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lppr_mmf_5050.ref rtmmyld.w rightime_saf.temp rightime_saf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 9008 9.841 1.000 -7.700 9.471 8.359 9002.230 8.359 10.000
mx 9543 16.879 1.000 -2.590 21.506 15.160 9510.270 15.160 12.985
cl 9543 16.753 1.000 -5.200 21.233 14.888 9510.270 14.888 12.985
xb 297 13.080 1.000 -4.606 14.538 11.311 9255.144 11.311 11.583
sd 1.787 0.000 1.699 2.824 1.472 165.340 1.472 0.763
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_saf.temp -> -0.371 0.565 0.416 7.241 -0.605 9.580
lppr_mmf_5050.ref -> 2.566 0.484 0.873 9.488 -0.061 5.665
defensive -> 4.680 0.001 0.003 4.696 -2.958 0.235
- --------------------------------------------------------------------------------
9008 10.000 1.000 -7.650 10.000 10.000 9002.230 10.000 10.000
9009 10.160 1.000 -7.650 10.358 9.525 9003.020 9.525 10.015
9010 10.229 1.000 -7.630 10.438 9.590 9003.090 9.590 10.029
9011 10.280 1.000 -7.650 10.568 9.632 9003.160 9.632 10.044
9012 10.230 1.000 -7.670 10.429 9.498 9003.230 9.498 10.059
9013 10.271 1.000 -7.690 10.520 9.495 9003.300 9.495 10.074
9014 10.266 1.000 -7.670 10.532 9.567 9004.060 9.567 10.088
9015 10.344 1.000 -7.690 10.672 9.590 9004.130 9.590 10.103
9016 10.233 1.000 -7.690 10.394 9.571 9004.200 9.571 10.118
9017 10.155 1.000 -7.690 10.215 9.578 9004.270 9.578 10.133
9018 10.301 1.000 -7.670 10.511 9.582 9005.040 9.582 10.148
9019 10.501 1.000 -7.660 10.941 9.578 9005.110 9.578 10.163
9020 10.564 1.000 -7.700 11.031 9.624 9005.180 9.624 10.178
9021 10.610 1.000 -7.680 11.037 9.666 9005.250 9.666 10.193
9022 10.734 1.000 -7.680 11.311 9.864 9006.010 9.864 10.208
9023 10.697 1.000 -7.670 11.180 9.601 9006.080 9.601 10.223
9024 10.767 1.000 -7.650 11.319 9.708 9006.150 9.708 10.238
9025 10.695 1.000 -7.670 11.093 9.529 9006.220 9.529 10.253
9026 10.747 1.000 -7.670 11.182 9.495 9006.290 9.495 10.268
9027 10.790 1.000 -7.680 11.202 9.517 9007.060 9.517 10.283
9028 10.930 1.000 -7.650 11.487 9.784 9007.130 9.784 10.298
9029 10.822 1.000 -7.660 11.316 9.441 9007.200 9.441 10.313
9030 10.692 1.000 -7.590 11.067 9.228 9007.270 9.228 10.329
9031 10.508 1.000 -7.560 10.806 9.014 9008.030 9.014 10.344
9032 10.413 1.000 -7.500 10.520 8.961 9008.100 8.961 10.359
9033 10.292 1.000 -7.500 10.287 8.957 9008.170 8.957 10.374
9034 10.054 1.000 -7.510 9.782 8.961 9008.240 8.961 10.388
9035 10.231 1.000 -7.480 10.136 8.969 9008.310 8.969 10.403
9036 10.242 1.000 -7.470 10.170 8.976 9009.070 8.976 10.418
9037 10.165 1.000 -7.470 9.970 8.988 9009.140 8.988 10.433
9038 10.031 1.000 -7.460 9.804 8.995 9009.210 8.995 10.448
9039 9.949 1.000 -7.470 9.645 9.003 9009.280 9.003 10.463
9040 10.035 1.000 -7.480 9.825 9.014 9010.050 9.014 10.478
9041 9.841 1.000 -7.480 9.471 8.512 9010.120 8.512 10.493
9042 9.996 1.000 -7.440 9.871 8.492 9010.190 8.492 10.508
9043 9.937 1.000 -7.450 9.633 8.489 9010.260 8.489 10.523
9044 9.998 1.000 -7.420 9.867 8.492 9011.020 8.492 10.538
9045 10.054 1.000 -7.380 9.934 8.500 9011.090 8.500 10.553
9046 10.156 1.000 -7.340 10.049 8.508 9011.160 8.508 10.568
9047 10.134 1.000 -7.350 9.992 8.382 9011.230 8.382 10.583
9048 10.264 1.000 -7.270 10.226 8.622 9011.300 8.622 10.598
9049 10.390 1.000 -7.270 10.409 8.752 9012.070 8.752 10.613
9050 10.389 1.000 -7.220 10.387 8.729 9012.140 8.729 10.628
9051 10.466 1.000 -7.170 10.551 8.843 9012.210 8.843 10.642
9052 10.444 1.000 -7.160 10.462 8.805 9012.280 8.805 10.657
9101 10.353 1.000 -7.380 10.223 8.537 9101.040 8.537 10.672
9102 10.289 1.000 -7.090 10.047 8.359 9101.110 8.359 10.687
9103 10.538 1.000 -6.910 10.595 8.778 9101.180 8.778 10.701
9104 10.665 1.000 -6.790 10.725 8.848 9101.250 8.848 10.715
9105 10.833 1.000 -6.760 10.954 9.061 9102.010 9.061 10.729
9106 11.078 1.000 -6.650 11.481 9.569 9102.080 9.569 10.743
9107 11.212 1.000 -6.450 11.799 9.859 9102.150 9.859 10.757
9108 11.207 1.000 -6.350 11.696 9.801 9102.220 9.801 10.770
9109 11.292 1.000 -6.290 11.857 9.821 9103.010 9.821 10.783
9110 11.415 1.000 -6.190 12.008 10.174 9103.080 10.174 10.796
9111 11.348 1.000 -6.150 11.971 10.057 9103.150 10.057 10.809
9112 11.280 1.000 -6.060 11.782 9.987 9103.220 9.987 10.822
9113 11.415 1.000 -6.040 12.037 10.352 9103.290 10.352 10.835
9114 11.493 1.000 -6.020 12.050 10.414 9104.050 10.414 10.847
9115 11.571 1.000 -5.940 12.220 10.565 9104.120 10.565 10.860
9116 11.609 1.000 -5.820 12.350 10.616 9104.190 10.616 10.872
9117 11.536 1.000 -5.790 12.191 10.391 9104.260 10.391 10.884
9118 11.566 1.000 -5.740 12.256 10.379 9105.030 10.379 10.896
9119 11.547 1.000 -5.650 12.101 10.282 9105.100 10.282 10.908
9120 11.463 1.000 -5.580 12.002 10.135 9105.170 10.135 10.920
9121 11.575 1.000 -5.580 12.174 10.340 9105.240 10.340 10.932
9122 11.736 1.000 -5.530 12.580 10.550 9105.310 10.550 10.943
9123 11.621 1.000 -5.510 12.252 10.212 9106.070 10.212 10.955
9124 11.609 1.000 -5.480 12.353 10.100 9106.140 10.100 10.967
9125 11.540 1.000 -5.480 12.214 10.104 9106.210 10.104 10.978
9126 11.433 1.000 -5.480 12.009 10.111 9106.280 10.111 10.990
9127 11.486 1.000 -5.500 12.111 10.119 9107.050 10.119 11.001
9128 11.643 1.000 -5.460 12.319 10.123 9107.120 10.123 11.013
9129 11.712 1.000 -5.470 12.455 10.131 9107.190 10.131 11.024
9130 11.650 1.000 -5.460 12.357 10.139 9107.260 10.139 11.036
9131 11.785 1.000 -5.450 12.567 10.143 9108.020 10.143 11.047
9132 11.806 1.000 -5.440 12.573 10.150 9108.090 10.150 11.059
9133 11.806 1.000 -5.400 12.531 10.158 9108.160 10.158 11.071
9134 11.910 1.000 -5.350 12.818 10.166 9108.230 10.166 11.082
9135 11.957 1.000 -5.310 12.867 10.170 9108.300 10.170 11.093
9136 11.869 1.000 -5.260 12.668 9.960 9109.060 9.960 11.105
9137 11.829 1.000 -5.260 12.497 9.852 9109.130 9.852 11.116
9138 11.936 1.000 -5.210 12.646 9.972 9109.200 9.972 11.127
9139 11.927 1.000 -5.180 12.588 9.859 9109.270 9.859 11.138
9140 11.870 1.000 -5.160 12.443 9.743 9110.040 9.743 11.149
9141 11.846 1.000 -5.080 12.458 9.638 9110.110 9.638 11.160
9142 12.040 1.000 -5.020 12.827 9.871 9110.180 9.871 11.171
9143 11.908 1.000 -5.020 12.563 9.662 9110.250 9.662 11.182
9144 12.054 1.000 -4.970 12.803 9.856 9111.010 9.856 11.193
9145 12.101 1.000 -4.930 12.862 9.980 9111.080 9.980 11.203
9146 11.966 1.000 -4.810 12.534 9.724 9111.150 9.724 11.214
9147 11.888 1.000 -4.780 12.329 9.662 9111.220 9.662 11.224
9148 11.848 1.000 -4.700 12.307 9.681 9111.290 9.681 11.235
9149 11.940 1.000 -4.660 12.442 9.859 9112.060 9.859 11.245
9150 12.025 1.000 -4.630 12.626 9.980 9112.130 9.980 11.255
9151 12.032 1.000 -4.590 12.718 10.084 9112.200 10.084 11.265
9152 12.386 1.000 -4.530 13.364 10.534 9112.270 10.534 11.275
9201 12.574 1.000 -4.510 13.794 10.970 9201.030 10.970 11.284
9202 12.617 1.000 -4.400 13.662 10.872 9201.100 10.872 11.294
9203 12.647 1.000 -4.190 13.793 10.907 9201.170 10.907 11.304
9204 12.620 1.000 -4.050 13.689 10.852 9201.240 10.852 11.313
9205 12.553 1.000 -3.990 13.476 10.695 9201.310 10.695 11.322
9206 12.640 1.000 -3.920 13.560 10.797 9202.070 10.797 11.330
9207 12.635 1.000 -3.850 13.613 10.813 9202.140 10.813 11.339
9208 12.621 1.000 -3.780 13.587 10.679 9202.210 10.679 11.347
9209 12.667 1.000 -3.780 13.635 10.813 9202.280 10.813 11.355
9210 12.536 1.000 -3.750 13.369 10.813 9203.060 10.813 11.364
9211 12.559 1.000 -3.720 13.426 10.805 9203.130 10.805 11.372
9212 12.643 1.000 -3.720 13.611 10.809 9203.200 10.809 11.380
9213 12.519 1.000 -3.730 13.360 10.805 9203.270 10.805 11.388
9214 12.439 1.000 -3.730 13.304 10.797 9204.030 10.797 11.396
9215 12.480 1.000 -3.740 13.403 10.778 9204.100 10.778 11.404
9216 12.592 1.000 -3.660 13.801 10.766 9204.170 10.766 11.413
9217 12.462 1.000 -3.620 13.576 10.746 9204.240 10.746 11.421
9218 12.523 1.000 -3.590 13.701 10.766 9205.010 10.766 11.428
9219 12.601 1.000 -3.550 13.826 10.774 9205.080 10.774 11.436
9220 12.530 1.000 -3.510 13.636 10.495 9205.150 10.495 11.444
9221 12.583 1.000 -3.510 13.775 10.581 9205.220 10.581 11.452
9222 12.621 1.000 -3.470 13.828 10.605 9205.290 10.605 11.460
9223 12.595 1.000 -3.490 13.774 10.538 9206.050 10.538 11.467
9224 12.501 1.000 -3.450 13.658 10.483 9206.120 10.483 11.475
9225 12.372 1.000 -3.440 13.464 10.444 9206.190 10.444 11.482
9226 12.369 1.000 -3.420 13.465 10.467 9206.260 10.467 11.490
9227 12.544 1.000 -3.440 13.750 10.624 9207.030 10.624 11.498
9228 12.629 1.000 -3.350 13.854 10.770 9207.100 10.770 11.505
9229 12.580 1.000 -3.240 13.895 10.793 9207.170 10.793 11.512
9230 12.527 1.000 -3.190 13.769 10.695 9207.240 10.695 11.520
9231 12.713 1.000 -3.140 14.199 10.966 9207.310 10.966 11.527
9232 12.653 1.000 -3.110 14.029 10.919 9208.070 10.919 11.534
9233 12.655 1.000 -3.080 14.072 11.021 9208.140 11.021 11.541
9234 12.586 1.000 -3.050 13.911 11.017 9208.210 11.017 11.547
9235 12.597 1.000 -3.030 13.919 10.997 9208.280 10.997 11.554
9236 12.663 1.000 -3.010 14.002 11.005 9209.040 11.005 11.561
9237 12.711 1.000 -2.960 14.094 11.041 9209.110 11.041 11.567
9238 12.771 1.000 -2.900 14.215 11.092 9209.180 11.092 11.574
9239 12.641 1.000 -2.880 13.935 11.052 9209.250 11.052 11.580
9240 12.600 1.000 -2.870 13.812 11.088 9210.020 11.088 11.587
9241 12.529 1.000 -2.830 13.556 11.084 9210.090 11.084 11.593
9242 12.657 1.000 -2.770 13.869 11.363 9210.160 11.363 11.600
9243 12.736 1.000 -2.790 13.956 11.429 9210.230 11.429 11.606
9244 12.806 1.000 -2.740 14.117 11.637 9210.300 11.637 11.612
9245 12.870 1.000 -2.750 14.088 11.657 9211.060 11.657 11.618
9246 12.991 1.000 -2.740 14.259 11.865 9211.130 11.865 11.624
9247 13.039 1.000 -2.740 14.408 11.975 9211.200 11.975 11.630
9248 13.112 1.000 -2.740 14.534 12.057 9211.270 12.057 11.636
9249 13.154 1.000 -2.770 14.606 12.163 9212.040 12.163 11.642
9250 13.153 1.000 -2.790 14.669 12.128 9212.110 12.128 11.649
9251 13.235 1.000 -2.800 14.932 12.372 9212.180 12.372 11.655
9252 13.229 1.000 -2.830 14.888 12.391 9212.250 12.391 11.661
9253 13.258 1.000 -2.860 14.758 12.302 9301.010 12.302 11.667
9301 13.200 1.000 -2.920 14.540 12.209 9301.080 12.209 11.674
9302 13.358 1.000 -2.830 14.823 12.395 9301.150 12.395 11.680
9303 13.383 1.000 -2.770 14.795 12.285 9301.220 12.285 11.687
9304 13.367 1.000 -2.770 14.894 12.408 9301.290 12.408 11.693
9305 13.509 1.000 -2.740 15.246 12.667 9302.050 12.667 11.699
9306 13.420 1.000 -2.730 15.106 12.501 9302.120 12.501 11.705
9307 13.232 1.000 -2.710 14.762 12.133 9302.190 12.133 11.711
9308 13.339 1.000 -2.690 15.081 12.400 9302.260 12.400 11.718
9309 13.439 1.000 -2.710 15.182 12.523 9303.050 12.523 11.724
9310 13.522 1.000 -2.670 15.317 12.616 9303.120 12.616 11.730
9311 13.501 1.000 -2.660 15.337 12.539 9303.190 12.539 11.736
9312 13.485 1.000 -2.650 15.263 12.421 9303.260 12.421 11.742
9313 13.381 1.000 -2.660 15.053 12.345 9304.020 12.345 11.748
9314 13.411 1.000 -2.670 15.077 12.162 9304.090 12.162 11.754
9315 13.493 1.000 -2.640 15.328 12.251 9304.160 12.251 11.760
9316 13.395 1.000 -2.630 14.930 11.989 9304.230 11.989 11.766
9317 13.436 1.000 -2.610 15.046 12.103 9304.300 12.103 11.772
9318 13.535 1.000 -2.620 15.127 12.209 9305.070 12.209 11.777
9319 13.509 1.000 -2.590 15.042 12.146 9305.140 12.146 11.783
9320 13.640 1.000 -2.600 15.265 12.438 9305.210 12.438 11.789
9321 13.717 1.000 -2.590 15.423 12.480 9305.280 12.480 11.795
9322 13.750 1.000 -2.620 15.427 12.311 9306.040 12.311 11.801
9323 13.670 1.000 -2.620 15.340 12.328 9306.110 12.328 11.807
9324 13.639 1.000 -2.620 15.226 12.082 9306.180 12.082 11.813
9325 13.699 1.000 -2.620 15.369 12.247 9306.250 12.247 11.819
9326 13.736 1.000 -2.630 15.317 12.188 9307.020 12.188 11.825
9327 13.751 1.000 -2.630 15.404 12.264 9307.090 12.264 11.831
9328 13.737 1.000 -2.640 15.331 12.158 9307.160 12.158 11.837
9329 13.747 1.000 -2.630 15.386 12.154 9307.230 12.154 11.843
9330 13.804 1.000 -2.650 15.430 12.234 9307.300 12.234 11.849
9331 13.880 1.000 -2.650 15.457 12.285 9308.060 12.285 11.855
9332 13.915 1.000 -2.640 15.516 12.294 9308.130 12.294 11.861
9333 14.030 1.000 -2.640 15.732 12.400 9308.200 12.400 11.867
9334 14.075 1.000 -2.640 15.891 12.357 9308.270 12.357 11.873
9335 14.116 1.000 -2.640 15.927 12.362 9309.030 12.362 11.879
9336 14.095 1.000 -2.640 15.949 12.451 9309.100 12.451 11.885
9337 14.057 1.000 -2.640 15.858 12.243 9309.170 12.243 11.891
9338 14.140 1.000 -2.650 15.825 12.298 9309.240 12.298 11.897
9339 14.212 1.000 -2.650 15.960 12.374 9310.010 12.374 11.903
9340 14.216 1.000 -2.680 15.934 12.383 9310.080 12.383 11.909
9341 14.364 1.000 -2.640 16.260 12.544 9310.150 12.544 11.915
9342 14.264 1.000 -2.650 16.053 12.311 9310.220 12.311 11.921
9343 14.305 1.000 -2.640 16.219 12.315 9310.290 12.315 11.927
9344 14.184 1.000 -2.660 15.941 12.065 9311.050 12.065 11.933
9345 14.295 1.000 -2.650 16.151 12.205 9311.120 12.205 11.939
9346 14.160 1.000 -2.670 16.063 12.044 9311.190 12.044 11.945
9347 14.172 1.000 -2.670 16.087 12.065 9311.260 12.065 11.951
9348 14.259 1.000 -2.690 16.159 12.018 9312.030 12.018 11.957
9349 14.255 1.000 -2.690 16.134 12.018 9312.100 12.018 11.964
9350 14.262 1.000 -2.690 16.227 12.018 9312.170 12.018 11.970
9351 14.287 1.000 -2.710 16.270 12.023 9312.240 12.023 11.976
9352 14.369 1.000 -2.720 16.246 12.023 9312.310 12.023 11.982
9401 14.415 1.000 -2.750 16.375 12.027 9401.070 12.027 11.988
9402 14.493 1.000 -2.710 16.558 12.027 9401.140 12.027 11.995
9403 14.497 1.000 -2.690 16.559 12.027 9401.210 12.027 12.001
9404 14.554 1.000 -2.680 16.707 12.032 9401.280 12.032 12.007
9405 14.459 1.000 -2.680 16.405 12.032 9402.040 12.032 12.013
9406 14.489 1.000 -2.710 16.426 12.032 9402.110 12.032 12.020
9407 14.499 1.000 -2.750 16.348 12.036 9402.180 12.036 12.026
9408 14.459 1.000 -2.770 16.300 12.036 9402.250 12.036 12.032
9409 14.484 1.000 -2.790 16.262 12.041 9403.040 12.041 12.038
9410 14.524 1.000 -2.810 16.329 12.041 9403.110 12.041 12.045
9411 14.630 1.000 -2.830 16.500 12.045 9403.180 12.045 12.051
9412 14.464 1.000 -2.860 16.141 12.045 9403.250 12.045 12.058
9413 14.171 1.000 -2.930 15.631 12.045 9404.010 12.045 12.065
9414 14.281 1.000 -2.970 15.686 12.050 9404.080 12.050 12.071
9415 14.187 1.000 -3.000 15.663 12.054 9404.150 12.054 12.078
9416 14.151 1.000 -3.040 15.723 12.054 9404.220 12.054 12.085
9417 14.267 1.000 -3.130 15.848 12.059 9404.290 12.059 12.092
9418 14.226 1.000 -3.150 15.748 12.059 9405.060 12.059 12.099
9419 14.119 1.000 -3.240 15.628 12.063 9405.130 12.063 12.107
9420 14.279 1.000 -3.310 16.017 12.068 9405.200 12.068 12.114
9421 14.321 1.000 -3.470 16.111 12.072 9405.270 12.072 12.122
9422 14.371 1.000 -3.510 16.219 12.077 9406.030 12.077 12.130
9423 14.317 1.000 -3.570 16.176 12.082 9406.100 12.082 12.138
9424 14.320 1.000 -3.590 16.178 12.086 9406.170 12.086 12.147
9425 14.045 1.000 -3.630 15.635 12.091 9406.240 12.091 12.155
9426 14.130 1.000 -3.640 15.764 12.095 9407.010 12.095 12.163
9427 14.188 1.000 -3.700 15.892 12.100 9407.080 12.100 12.172
9428 14.283 1.000 -3.750 16.063 12.100 9407.150 12.100 12.181
9429 14.242 1.000 -3.780 16.035 12.104 9407.220 12.104 12.189
9430 14.320 1.000 -3.800 16.226 12.109 9407.290 12.109 12.198
9431 14.307 1.000 -3.830 16.194 12.113 9408.050 12.113 12.207
9432 14.404 1.000 -3.850 16.375 12.113 9408.120 12.113 12.216
9433 14.460 1.000 -3.880 16.445 12.118 9408.190 12.118 12.225
9434 14.626 1.000 -4.030 16.813 12.122 9408.260 12.122 12.234
9435 14.595 1.000 -4.080 16.723 12.127 9409.020 12.127 12.244
9436 14.585 1.000 -4.120 16.632 12.131 9409.090 12.131 12.253
9437 14.651 1.000 -4.140 16.748 12.136 9409.160 12.136 12.263
9438 14.477 1.000 -4.170 16.347 12.140 9409.230 12.140 12.273
9439 14.515 1.000 -4.200 16.464 12.145 9409.300 12.145 12.282
9440 14.400 1.000 -4.260 16.203 12.149 9410.070 12.149 12.292
9441 14.590 1.000 -4.290 16.710 12.154 9410.140 12.154 12.302
9442 14.565 1.000 -4.310 16.569 12.154 9410.210 12.154 12.312
9443 14.691 1.000 -4.350 16.895 12.159 9410.280 12.159 12.323
9444 14.556 1.000 -4.400 16.495 12.159 9411.040 12.159 12.333
9445 14.554 1.000 -4.410 16.506 12.163 9411.110 12.163 12.343
9446 14.552 1.000 -4.500 16.484 12.168 9411.180 12.168 12.354
9447 14.377 1.000 -4.770 16.165 12.177 9411.250 12.177 12.364
9448 14.395 1.000 -4.840 16.211 12.181 9412.020 12.181 12.376
9449 14.229 1.000 -4.910 15.993 12.191 9412.090 12.191 12.387
9450 14.410 1.000 -4.970 16.426 12.196 9412.160 12.196 12.399
9451 14.479 1.000 -5.040 16.472 12.200 9412.230 12.200 12.411
9452 14.522 1.000 -5.120 16.461 12.210 9412.300 12.210 12.423
9501 14.511 1.000 -5.180 16.520 12.214 9501.060 12.214 12.435
9502 14.611 1.000 -5.180 16.719 12.219 9501.130 12.219 12.447
9503 14.584 1.000 -5.160 16.685 12.228 9501.200 12.228 12.460
9504 14.598 1.000 -5.170 16.895 12.233 9501.270 12.233 12.472
9505 14.742 1.000 -5.230 17.200 12.237 9502.030 12.237 12.484
9506 14.832 1.000 -5.370 17.310 12.265 9502.100 12.265 12.497
9507 14.816 1.000 -5.430 17.337 12.265 9502.170 12.265 12.510
9508 14.877 1.000 -5.480 17.566 12.362 9502.240 12.362 12.523
9509 14.909 1.000 -5.490 17.478 12.394 9503.030 12.394 12.536
9510 14.933 1.000 -5.490 17.636 12.440 9503.100 12.440 12.549
9511 15.026 1.000 -5.500 17.859 12.592 9503.170 12.592 12.562
9512 15.133 1.000 -5.520 18.065 12.698 9503.240 12.698 12.575
9513 15.140 1.000 -5.530 18.064 12.657 9503.310 12.657 12.589
9514 15.180 1.000 -5.580 18.280 12.786 9504.070 12.786 12.602
9515 15.318 1.000 -5.530 18.391 12.860 9504.140 12.860 12.616
9516 15.243 1.000 -5.540 18.375 12.717 9504.210 12.717 12.629
9517 15.387 1.000 -5.510 18.609 12.818 9504.280 12.818 12.642
9518 15.445 1.000 -5.530 18.815 12.906 9505.050 12.906 12.656
9519 15.582 1.000 -5.510 19.022 13.122 9505.120 13.122 12.669
9520 15.552 1.000 -5.520 18.801 12.910 9505.190 12.910 12.683
9521 15.628 1.000 -5.510 18.973 13.002 9505.260 13.002 12.696
9522 15.727 1.000 -5.510 19.304 13.214 9506.020 13.214 12.709
9523 15.751 1.000 -5.500 19.148 13.150 9506.090 13.150 12.723
9524 15.912 1.000 -5.490 19.590 13.431 9506.160 13.431 12.736
9525 16.124 1.000 -5.490 19.958 13.823 9506.230 13.823 12.750
9526 16.044 1.000 -5.460 19.788 13.648 9506.300 13.648 12.763
9527 16.302 1.000 -5.470 20.220 13.947 9507.070 13.947 12.777
9528 16.415 1.000 -5.420 20.358 14.159 9507.140 14.159 12.790
9529 16.230 1.000 -5.340 20.140 13.777 9507.210 13.777 12.803
9530 16.478 1.000 -5.320 20.489 14.159 9507.280 14.159 12.816
9531 16.396 1.000 -5.310 20.354 13.966 9508.040 13.966 12.829
9532 16.425 1.000 -5.290 20.225 13.993 9508.110 13.993 12.842
9533 16.608 1.000 -5.270 20.384 13.993 9508.180 13.993 12.855
9534 16.561 1.000 -5.270 20.427 14.012 9508.250 14.012 12.868
9535 16.614 1.000 -5.250 20.573 14.063 9509.010 14.063 12.881
9536 16.848 1.000 -5.250 20.906 14.358 9509.080 14.358 12.894
9537 16.879 1.000 -5.240 21.305 14.570 9509.150 14.570 12.907
9538 16.867 1.000 -5.250 21.256 14.662 9509.220 14.662 12.920
9539 16.876 1.000 -5.210 21.364 14.694 9509.290 14.694 12.933
9540 16.779 1.000 -5.290 21.304 14.782 9510.060 14.782 12.946
9541 16.851 1.000 -5.200 21.388 14.938 9510.130 14.938 12.959
9542 16.858 1.000 -5.210 21.506 15.160 9510.200 15.160 12.972
9543 16.753 1.000 -5.200 21.233 14.888 9510.270 14.888 12.985
Risk-adjusted
Rightime Social Awareness Fund comparison of change
Balanced Reference Index investment in the
(50% Lipper/50% Money Market) in value of $10,000
Money Market Fund Index Rightime Social
Awareness Fund,
Balanced Reference
Index (50%
Lipper/50% Money
Market), and Money
Market Fund Index.
</TABLE>
October 31, 1995
Rightime The Rightime MidCap Fund
Family of Funds Performance Comparison
- -------------------------------------------------------------------------
Our fiscal year ending October 31, 1995 was an excellent year for equity
investments. As the uncertainty and gloom of 1994 dissipated, stocks
rallied. Prices were driven higher by strong earnings growth and
declining interest rates. Technology stocks led the rally while
large-capitalization stocks outperformed the small caps. Many market
researchers feel that, in the long run, small-cap stocks should
outperform mid-cap stocks, which should outperform large-cap stocks.
However, during this period, mid-cap stocks underperformed both of the
other groups.
Rightime MidCap Fund, under the guidance of the Rightime Market Model
(RTMM(registered trademark)), participated in most of this rally.
However, due to its mid-cap objective, it underperformed our other
equity funds. The model provided the discipline to buy equities in early
February of 1995, even though large- capitalization stock indexes were
at new highs. In spite of these peaks, we can now see that this was an
excellent buying opportunity. Small and mid-cap stocks had not yet
broken out to new highs. At the time short-term interest rates had begun
to decline from their peak. Long-term rates continued a decline that
began in November 1994. Combined with a strong earnings environment
(that has ultimately just grown stronger) these dual forces fueled the
stock market's engine. Rightime MidCap Fund is a broad-based, well
diversified portfolio of mid- capitalization stocks. The Fund remains
fully invested in equities. It is committed to the allocations
determined by the Rightime Market Model (RTMM(registered trademark)).
- ------------------------------------------------------
Average Annual Total Return
- ------------------------------------------------------
Since Inception
1 Year 5 Years Nov. 11, 1991
- ------------------------------------------------------
14.36% N/A 9.65%
- ------------------------------------------------------
Performance Comparison
The "Performance Comparison" chart assesses the Rightime MidCap Fund's
performance against the Lipper Growth Fund Index, a broad based index.
The "Risk Adjusted Performance Comparison" more closely reflects the
fund's performance as compared to a consistent risk level.
The MidCap Fund utilizes a modeled approach to investing which attempts
to minimize risk by moving assets to money market equivalent investments
during periods in which the market appears to be overvalued. This
approach, over full market cycles, tends to invest in low risk, or money
market-like securities approximately half of the time. In order to
provide an equivalent risk level this comparison assumes that assets are
invested half in the Lipper Growth Fund Index and half in a money market
fund index. This balanced index approaches the risk level of each fund
that has been in existence for at least one full market cycle and
therefore provides a more meaningful performance comparison.
The performance shown represents past performance and is not a guarantee
of future results. A mutual fund's share price and investment return
will vary with market conditions, and the principal value of shares,
when redeemed, may be more or less than the original cost.
Average annual total returns are historical in nature and measure net
investment income and capital gain or loss from portfolio investments
assuming reinvestment of dividends and reflecting the 4.75% sales
charge.
Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lpprgrth.w.f0 rtmmyld.w rightime_mcf.temp rightime_mcf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 9146 9.784 1.000 -5.580 9.819 9.332 9111.150 9.332 10.000
mx 9543 17.124 1.000 -2.590 17.159 15.365 9510.270 15.365 11.580
cl 9543 16.764 1.000 -5.200 16.940 14.863 9510.270 14.863 11.580
xb 207 12.792 1.000 -3.721 12.728 12.012 9341.432 12.012 10.695
sd 1.713 0.000 1.057 1.667 1.294 116.007 1.294 0.420
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_mcf.temp -> 1.749 0.635 0.376 10.521 -0.435 9.265
lpprgrth.w.f0 -> -0.072 0.992 0.821 13.931 -0.118 9.794
defensive -> 3.740 0.002 0.019 3.772 -10.802 0.146
- --------------------------------------------------------------------------------
9146 10.000 1.000 -4.810 10.000 10.000 9111.150 10.000 10.000
9147 9.860 1.000 -4.780 9.837 9.395 9111.220 9.395 10.009
9148 9.784 1.000 -4.700 9.819 9.332 9111.290 9.332 10.018
9149 9.927 1.000 -4.660 9.926 9.521 9112.060 9.521 10.027
9150 10.060 1.000 -4.630 10.073 9.553 9112.130 9.553 10.036
9151 10.063 1.000 -4.590 10.147 9.501 9112.200 9.501 10.045
9152 10.645 1.000 -4.530 10.662 10.108 9112.270 10.108 10.054
9201 10.961 1.000 -4.510 11.006 10.408 9201.030 10.408 10.063
9202 11.026 1.000 -4.400 10.900 10.565 9201.100 10.565 10.072
9203 11.068 1.000 -4.190 11.005 10.668 9201.170 10.668 10.080
9204 11.013 1.000 -4.050 10.922 10.542 9201.240 10.542 10.088
9205 10.887 1.000 -3.990 10.752 10.455 9201.310 10.455 10.096
9206 11.030 1.000 -3.920 10.818 10.680 9202.070 10.680 10.104
9207 11.012 1.000 -3.850 10.861 10.695 9202.140 10.695 10.111
9208 10.979 1.000 -3.780 10.840 10.620 9202.210 10.620 10.119
9209 11.052 1.000 -3.780 10.878 10.589 9202.280 10.589 10.126
9210 10.816 1.000 -3.750 10.667 10.589 9203.060 10.589 10.133
9211 10.847 1.000 -3.720 10.712 10.565 9203.130 10.565 10.141
9212 10.984 1.000 -3.720 10.859 10.518 9203.200 10.518 10.148
9213 10.761 1.000 -3.730 10.659 10.502 9203.270 10.502 10.155
9214 10.616 1.000 -3.730 10.614 10.526 9204.030 10.526 10.163
9215 10.679 1.000 -3.740 10.693 10.546 9204.100 10.546 10.170
9216 10.863 1.000 -3.660 11.011 10.546 9204.170 10.546 10.177
9217 10.631 1.000 -3.620 10.832 10.589 9204.240 10.589 10.184
9218 10.728 1.000 -3.590 10.931 10.561 9205.010 10.561 10.191
9219 10.854 1.000 -3.550 11.031 10.561 9205.080 10.561 10.198
9220 10.725 1.000 -3.510 10.880 10.360 9205.150 10.360 10.205
9221 10.808 1.000 -3.510 10.991 10.412 9205.220 10.412 10.212
9222 10.865 1.000 -3.470 11.032 10.475 9205.290 10.475 10.219
9223 10.814 1.000 -3.490 10.989 10.483 9206.050 10.483 10.226
9224 10.644 1.000 -3.450 10.897 10.250 9206.120 10.250 10.233
9225 10.417 1.000 -3.440 10.742 9.974 9206.190 9.974 10.239
9226 10.405 1.000 -3.420 10.743 9.895 9206.260 9.895 10.246
9227 10.694 1.000 -3.440 10.971 10.254 9207.030 10.254 10.253
9228 10.831 1.000 -3.350 11.053 10.348 9207.100 10.348 10.260
9229 10.740 1.000 -3.240 11.086 10.376 9207.170 10.376 10.266
9230 10.644 1.000 -3.190 10.986 10.297 9207.240 10.297 10.273
9231 10.953 1.000 -3.140 11.329 10.617 9207.310 10.617 10.279
9232 10.842 1.000 -3.110 11.193 10.479 9208.070 10.479 10.285
9233 10.841 1.000 -3.080 11.227 10.459 9208.140 10.459 10.291
9234 10.716 1.000 -3.050 11.098 10.364 9208.210 10.364 10.297
9235 10.729 1.000 -3.030 11.105 10.329 9208.280 10.329 10.303
9236 10.834 1.000 -3.010 11.171 10.447 9209.040 10.447 10.309
9237 10.910 1.000 -2.960 11.245 10.550 9209.110 10.550 10.315
9238 11.007 1.000 -2.900 11.341 10.565 9209.180 10.565 10.321
9239 10.776 1.000 -2.880 11.118 10.396 9209.250 10.396 10.327
9240 10.701 1.000 -2.870 11.019 10.262 9210.020 10.262 10.333
9241 10.574 1.000 -2.830 10.816 10.183 9210.090 10.183 10.338
9242 10.785 1.000 -2.770 11.065 10.368 9210.160 10.368 10.344
9243 10.914 1.000 -2.790 11.134 10.538 9210.230 10.538 10.349
9244 11.027 1.000 -2.740 11.263 10.680 9210.300 10.680 10.355
9245 11.132 1.000 -2.750 11.240 10.822 9211.060 10.822 10.360
9246 11.336 1.000 -2.740 11.376 11.038 9211.130 11.038 10.366
9247 11.414 1.000 -2.740 11.495 11.074 9211.200 11.074 10.371
9248 11.534 1.000 -2.740 11.596 11.172 9211.270 11.172 10.377
9249 11.604 1.000 -2.770 11.653 11.326 9212.040 11.326 10.382
9250 11.596 1.000 -2.790 11.704 11.295 9212.110 11.295 10.388
9251 11.734 1.000 -2.800 11.913 11.389 9212.180 11.389 10.393
9252 11.717 1.000 -2.830 11.878 11.362 9212.250 11.362 10.399
9253 11.761 1.000 -2.860 11.775 11.580 9301.010 11.580 10.404
9301 11.651 1.000 -2.920 11.601 11.354 9301.080 11.354 10.410
9302 11.924 1.000 -2.830 11.826 11.666 9301.150 11.666 10.416
9303 11.962 1.000 -2.770 11.804 11.755 9301.220 11.755 10.422
9304 11.927 1.000 -2.770 11.883 11.702 9301.290 11.702 10.427
9305 12.175 1.000 -2.740 12.164 11.905 9302.050 11.905 10.433
9306 12.009 1.000 -2.730 12.052 11.730 9302.120 11.730 10.438
9307 11.665 1.000 -2.710 11.778 11.317 9302.190 11.317 10.444
9308 11.848 1.000 -2.690 12.033 11.508 9302.260 11.508 10.449
9309 12.020 1.000 -2.710 12.113 11.686 9303.050 11.686 10.454
9310 12.162 1.000 -2.670 12.220 11.755 9303.120 11.755 10.460
9311 12.117 1.000 -2.660 12.236 11.694 9303.190 11.694 10.465
9312 12.082 1.000 -2.650 12.177 11.690 9303.260 11.690 10.471
9313 11.889 1.000 -2.660 12.010 11.552 9304.020 11.552 10.476
9314 11.938 1.000 -2.670 12.029 11.459 9304.090 11.459 10.481
9315 12.077 1.000 -2.640 12.229 11.568 9304.160 11.568 10.487
9316 11.896 1.000 -2.630 11.911 11.402 9304.230 11.402 10.492
9317 11.962 1.000 -2.610 12.004 11.508 9304.300 11.508 10.497
9318 12.132 1.000 -2.620 12.069 11.710 9305.070 11.710 10.502
9319 12.080 1.000 -2.590 12.001 11.633 9305.140 11.633 10.508
9320 12.309 1.000 -2.600 12.179 11.852 9305.210 11.852 10.513
9321 12.440 1.000 -2.590 12.305 12.006 9305.280 12.006 10.518
9322 12.494 1.000 -2.620 12.308 11.880 9306.040 11.880 10.523
9323 12.343 1.000 -2.620 12.239 11.730 9306.110 11.730 10.529
9324 12.280 1.000 -2.620 12.148 11.718 9306.180 11.718 10.534
9325 12.383 1.000 -2.620 12.262 11.856 9306.250 11.856 10.539
9326 12.444 1.000 -2.630 12.220 12.059 9307.020 12.059 10.545
9327 12.465 1.000 -2.630 12.290 12.002 9307.090 12.002 10.550
9328 12.433 1.000 -2.640 12.231 11.905 9307.160 11.905 10.555
9329 12.444 1.000 -2.630 12.275 11.815 9307.230 11.815 10.561
9330 12.541 1.000 -2.650 12.310 11.998 9307.300 11.998 10.566
9331 12.673 1.000 -2.650 12.332 12.103 9308.060 12.103 10.571
9332 12.730 1.000 -2.640 12.379 12.132 9308.130 12.132 10.577
9333 12.934 1.000 -2.640 12.551 12.342 9308.200 12.342 10.582
9334 13.011 1.000 -2.640 12.679 12.379 9308.270 12.379 10.587
9335 13.081 1.000 -2.640 12.707 12.500 9309.030 12.500 10.593
9336 13.035 1.000 -2.640 12.725 12.395 9309.100 12.395 10.598
9337 12.957 1.000 -2.640 12.652 12.290 9309.170 12.290 10.603
9338 13.104 1.000 -2.650 12.626 12.456 9309.240 12.456 10.609
9339 13.230 1.000 -2.650 12.733 12.581 9310.010 12.581 10.614
9340 13.233 1.000 -2.680 12.713 12.464 9310.080 12.464 10.620
9341 13.500 1.000 -2.640 12.973 12.731 9310.150 12.731 10.625
9342 13.305 1.000 -2.650 12.808 12.444 9310.220 12.444 10.630
9343 13.375 1.000 -2.640 12.940 12.589 9310.290 12.589 10.636
9344 13.142 1.000 -2.660 12.718 12.269 9311.050 12.269 10.641
9345 13.341 1.000 -2.650 12.886 12.585 9311.120 12.585 10.647
9346 13.083 1.000 -2.670 12.815 12.294 9311.190 12.294 10.652
9347 13.098 1.000 -2.670 12.835 12.330 9311.260 12.330 10.658
9348 13.252 1.000 -2.690 12.892 12.273 9312.030 12.273 10.663
9349 13.238 1.000 -2.690 12.872 12.269 9312.100 12.269 10.669
9350 13.243 1.000 -2.690 12.947 12.310 9312.170 12.310 10.674
9351 13.284 1.000 -2.710 12.981 12.249 9312.240 12.249 10.680
9352 13.430 1.000 -2.720 12.962 12.253 9312.310 12.253 10.685
9401 13.508 1.000 -2.750 13.064 12.253 9401.070 12.253 10.691
9402 13.647 1.000 -2.710 13.210 12.262 9401.140 12.262 10.696
9403 13.648 1.000 -2.690 13.212 12.266 9401.210 12.266 10.702
9404 13.748 1.000 -2.680 13.329 12.262 9401.280 12.262 10.707
9405 13.561 1.000 -2.680 13.088 12.292 9402.040 12.292 10.713
9406 13.611 1.000 -2.710 13.106 12.271 9402.110 12.271 10.718
9407 13.623 1.000 -2.750 13.043 12.275 9402.180 12.275 10.724
9408 13.540 1.000 -2.770 13.004 12.271 9402.250 12.271 10.730
9409 13.581 1.000 -2.790 12.974 12.279 9403.040 12.279 10.735
9410 13.647 1.000 -2.810 13.028 12.275 9403.110 12.275 10.741
9411 13.839 1.000 -2.830 13.164 12.284 9403.180 12.284 10.747
9412 13.517 1.000 -2.860 12.878 12.279 9403.250 12.279 10.753
9413 12.962 1.000 -2.930 12.471 12.288 9404.010 12.288 10.759
9414 13.157 1.000 -2.970 12.515 12.292 9404.080 12.292 10.765
9415 12.975 1.000 -3.000 12.497 12.301 9404.150 12.301 10.771
9416 12.902 1.000 -3.040 12.545 12.301 9404.220 12.301 10.777
9417 13.106 1.000 -3.130 12.644 12.301 9404.290 12.301 10.783
9418 13.023 1.000 -3.150 12.565 12.314 9405.060 12.314 10.790
9419 12.820 1.000 -3.240 12.469 12.310 9405.130 12.310 10.796
9420 13.101 1.000 -3.310 12.779 12.305 9405.200 12.305 10.803
9421 13.171 1.000 -3.470 12.854 12.310 9405.270 12.310 10.810
9422 13.253 1.000 -3.510 12.940 12.310 9406.030 12.310 10.817
9423 13.146 1.000 -3.570 12.906 12.319 9406.100 12.319 10.824
9424 13.142 1.000 -3.590 12.907 12.327 9406.170 12.327 10.832
9425 12.628 1.000 -3.630 12.474 12.340 9406.240 12.340 10.839
9426 12.773 1.000 -3.640 12.577 12.340 9407.010 12.340 10.847
9427 12.868 1.000 -3.700 12.679 12.345 9407.080 12.345 10.854
9428 13.032 1.000 -3.750 12.816 12.349 9407.150 12.349 10.862
9429 12.948 1.000 -3.780 12.794 12.345 9407.220 12.345 10.870
9430 13.080 1.000 -3.800 12.946 12.345 9407.290 12.345 10.878
9431 13.047 1.000 -3.830 12.920 12.358 9408.050 12.358 10.886
9432 13.213 1.000 -3.850 13.064 12.362 9408.120 12.362 10.894
9433 13.307 1.000 -3.880 13.121 12.371 9408.190 12.371 10.902
9434 13.602 1.000 -4.030 13.414 12.362 9408.260 12.362 10.910
9435 13.534 1.000 -4.080 13.342 12.380 9409.020 12.380 10.918
9436 13.505 1.000 -4.120 13.269 12.384 9409.090 12.384 10.927
9437 13.616 1.000 -4.140 13.362 12.388 9409.160 12.388 10.935
9438 13.283 1.000 -4.170 13.042 12.388 9409.230 12.388 10.944
9439 13.342 1.000 -4.200 13.135 12.397 9409.300 12.397 10.953
9440 13.119 1.000 -4.260 12.927 12.397 9410.070 12.397 10.962
9441 13.455 1.000 -4.290 13.332 12.397 9410.140 12.397 10.971
9442 13.398 1.000 -4.310 13.220 12.406 9410.210 12.406 10.980
9443 13.619 1.000 -4.350 13.480 12.410 9410.280 12.410 10.989
9444 13.356 1.000 -4.400 13.160 12.428 9411.040 12.428 10.998
9445 13.342 1.000 -4.410 13.169 12.428 9411.110 12.428 11.007
9446 13.328 1.000 -4.500 13.152 12.432 9411.180 12.432 11.016
9447 12.996 1.000 -4.770 12.897 12.441 9411.250 12.441 11.026
9448 13.016 1.000 -4.840 12.933 12.445 9412.020 12.445 11.036
9449 12.703 1.000 -4.910 12.760 12.452 9412.090 12.452 11.046
9450 13.014 1.000 -4.970 13.105 12.465 9412.160 12.465 11.057
9451 13.126 1.000 -5.040 13.142 12.470 9412.230 12.470 11.067
9452 13.193 1.000 -5.120 13.133 12.488 9412.300 12.488 11.078
9501 13.159 1.000 -5.180 13.181 12.488 9501.060 12.488 11.089
9502 13.327 1.000 -5.180 13.339 12.492 9501.130 12.492 11.100
9503 13.265 1.000 -5.160 13.312 12.510 9501.200 12.510 11.111
9504 13.277 1.000 -5.170 13.479 12.515 9501.270 12.515 11.122
9505 13.527 1.000 -5.230 13.723 12.520 9502.030 12.520 11.133
9506 13.677 1.000 -5.370 13.810 12.601 9502.100 12.601 11.144
9507 13.635 1.000 -5.430 13.832 12.538 9502.170 12.538 11.155
9508 13.732 1.000 -5.480 14.015 12.642 9502.240 12.642 11.167
9509 13.778 1.000 -5.490 13.945 12.673 9503.030 12.673 11.179
9510 13.807 1.000 -5.490 14.071 12.682 9503.100 12.682 11.191
9511 13.965 1.000 -5.500 14.249 12.750 9503.170 12.750 11.202
9512 14.149 1.000 -5.520 14.413 12.886 9503.240 12.886 11.214
9513 14.146 1.000 -5.530 14.412 12.900 9503.310 12.900 11.226
9514 14.205 1.000 -5.580 14.584 12.949 9504.070 12.949 11.238
9515 14.449 1.000 -5.530 14.673 13.139 9504.140 13.139 11.250
9516 14.292 1.000 -5.540 14.660 12.986 9504.210 12.986 11.262
9517 14.547 1.000 -5.510 14.847 13.171 9504.280 13.171 11.274
9518 14.641 1.000 -5.530 15.011 13.130 9505.050 13.130 11.286
9519 14.885 1.000 -5.510 15.176 13.384 9505.120 13.384 11.298
9520 14.813 1.000 -5.520 15.000 13.334 9505.190 13.334 11.310
9521 14.943 1.000 -5.510 15.137 13.447 9505.260 13.447 11.322
9522 15.115 1.000 -5.510 15.401 13.578 9506.020 13.578 11.334
9523 15.145 1.000 -5.500 15.277 13.601 9506.090 13.601 11.346
9524 15.439 1.000 -5.490 15.629 13.877 9506.160 13.877 11.358
9525 15.834 1.000 -5.490 15.923 14.148 9506.230 14.148 11.370
9526 15.660 1.000 -5.460 15.788 13.995 9506.300 13.995 11.381
9527 16.147 1.000 -5.470 16.133 14.393 9507.070 14.393 11.393
9528 16.354 1.000 -5.420 16.243 14.547 9507.140 14.547 11.405
9529 15.969 1.000 -5.340 16.069 14.221 9507.210 14.221 11.417
9530 16.441 1.000 -5.320 16.347 14.660 9507.280 14.660 11.429
9531 16.261 1.000 -5.310 16.239 14.510 9508.040 14.510 11.441
9532 16.301 1.000 -5.290 16.136 14.583 9508.110 14.583 11.452
9533 16.648 1.000 -5.270 16.263 14.940 9508.180 14.940 11.464
9534 16.538 1.000 -5.270 16.297 14.868 9508.250 14.868 11.475
9535 16.627 1.000 -5.250 16.414 14.967 9509.010 14.967 11.487
9536 17.077 1.000 -5.250 16.679 15.352 9509.080 15.352 11.499
9537 17.124 1.000 -5.240 16.998 15.365 9509.150 15.365 11.510
9538 17.082 1.000 -5.250 16.959 15.352 9509.220 15.352 11.522
9539 17.083 1.000 -5.210 17.045 15.329 9509.290 15.329 11.533
9540 16.869 1.000 -5.290 16.997 15.031 9510.060 15.031 11.545
9541 16.996 1.000 -5.200 17.064 15.171 9510.130 15.171 11.557
9542 16.994 1.000 -5.210 17.159 15.184 9510.200 15.184 11.568
9543 16.764 1.000 -5.200 16.940 14.863 9510.270 14.863 11.580
Comparison of change
Rightime MidCap Fund in value of $10,000
Lipper Growth Fund Index investment in the
Money Market Fund Index Rightime MidCap
Fund, Lipper Growth
Fund Index and Money
Market Fund Index.
</TABLE>
Risk-adjusted Performance Comparison
THE FOLLOWING PLOT POINTS WHERE USED TO GENERATE THE GRAPHIC PERFORMANCE
CHART AT THIS POINT IN THE PRINTED SHAREHOLDER REPORT.
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
date timing sig sp_500_ndx.w calendar defensive
lppr_mmf_5050.ref rtmmyld.w rightime_mcf.temp rightime_mcf.temp
- --------------------------------------------------------------------------------
weighting factors: 0.000 0.000 1.000 0.000 0.000 0.000
- --------------1--------2--------3--------4--------5--------6--------7--------8--
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
mn 9146 9.901 1.000 -5.580 9.819 9.332 9111.150 9.332 10.000
mx 9543 14.106 1.000 -2.590 17.159 15.365 9510.270 15.365 11.580
cl 9543 14.000 1.000 -5.200 16.940 14.863 9510.270 14.863 11.580
xb 207 11.713 1.000 -3.721 12.728 12.012 9341.432 12.012 10.695
sd 1.014 0.000 1.057 1.667 1.294 116.007 1.294 0.420
- ------------------------------alpha-----beta------r2---gain/yr-----cml---std dev
rightime_mcf.temp -> 1.749 0.635 0.376 10.521 -0.435 9.265
lppr_mmf_5050.ref -> 1.816 0.497 0.822 8.864 -0.262 4.905
defensive -> 3.740 0.002 0.019 3.772 -10.802 0.146
- --------------------------------------------------------------------------------
9146 10.000 1.000 -4.810 10.000 10.000 9111.150 10.000 10.000
9147 9.934 1.000 -4.780 9.837 9.395 9111.220 9.395 10.009
9148 9.901 1.000 -4.700 9.819 9.332 9111.290 9.332 10.018
9149 9.978 1.000 -4.660 9.926 9.521 9112.060 9.521 10.027
9150 10.049 1.000 -4.630 10.073 9.553 9112.130 9.553 10.036
9151 10.055 1.000 -4.590 10.147 9.501 9112.200 9.501 10.045
9152 10.350 1.000 -4.530 10.662 10.108 9112.270 10.108 10.054
9201 10.508 1.000 -4.510 11.006 10.408 9201.030 10.408 10.063
9202 10.544 1.000 -4.400 10.900 10.565 9201.100 10.565 10.072
9203 10.569 1.000 -4.190 11.005 10.668 9201.170 10.668 10.080
9204 10.546 1.000 -4.050 10.922 10.542 9201.240 10.542 10.088
9205 10.490 1.000 -3.990 10.752 10.455 9201.310 10.455 10.096
9206 10.563 1.000 -3.920 10.818 10.680 9202.070 10.680 10.104
9207 10.559 1.000 -3.850 10.861 10.695 9202.140 10.695 10.111
9208 10.547 1.000 -3.780 10.840 10.620 9202.210 10.620 10.119
9209 10.586 1.000 -3.780 10.878 10.589 9202.280 10.589 10.126
9210 10.476 1.000 -3.750 10.667 10.589 9203.060 10.589 10.133
9211 10.495 1.000 -3.720 10.712 10.565 9203.130 10.565 10.141
9212 10.565 1.000 -3.720 10.859 10.518 9203.200 10.518 10.148
9213 10.461 1.000 -3.730 10.659 10.502 9203.270 10.502 10.155
9214 10.395 1.000 -3.730 10.614 10.526 9204.030 10.526 10.163
9215 10.429 1.000 -3.740 10.693 10.546 9204.100 10.546 10.170
9216 10.523 1.000 -3.660 11.011 10.546 9204.170 10.546 10.177
9217 10.415 1.000 -3.620 10.832 10.589 9204.240 10.589 10.184
9218 10.465 1.000 -3.590 10.931 10.561 9205.010 10.561 10.191
9219 10.531 1.000 -3.550 11.031 10.561 9205.080 10.561 10.198
9220 10.471 1.000 -3.510 10.880 10.360 9205.150 10.360 10.205
9221 10.515 1.000 -3.510 10.991 10.412 9205.220 10.412 10.212
9222 10.547 1.000 -3.470 11.032 10.475 9205.290 10.475 10.219
9223 10.526 1.000 -3.490 10.989 10.483 9206.050 10.483 10.226
9224 10.447 1.000 -3.450 10.897 10.250 9206.120 10.250 10.233
9225 10.339 1.000 -3.440 10.742 9.974 9206.190 9.974 10.239
9226 10.336 1.000 -3.420 10.743 9.895 9206.260 9.895 10.246
9227 10.483 1.000 -3.440 10.971 10.254 9207.030 10.254 10.253
9228 10.554 1.000 -3.350 11.053 10.348 9207.100 10.348 10.260
9229 10.512 1.000 -3.240 11.086 10.376 9207.170 10.376 10.266
9230 10.469 1.000 -3.190 10.986 10.297 9207.240 10.297 10.273
9231 10.624 1.000 -3.140 11.329 10.617 9207.310 10.617 10.279
9232 10.573 1.000 -3.110 11.193 10.479 9208.070 10.479 10.285
9233 10.576 1.000 -3.080 11.227 10.459 9208.140 10.459 10.291
9234 10.518 1.000 -3.050 11.098 10.364 9208.210 10.364 10.297
9235 10.527 1.000 -3.030 11.105 10.329 9208.280 10.329 10.303
9236 10.582 1.000 -3.010 11.171 10.447 9209.040 10.447 10.309
9237 10.622 1.000 -2.960 11.245 10.550 9209.110 10.550 10.315
9238 10.673 1.000 -2.900 11.341 10.565 9209.180 10.565 10.321
9239 10.563 1.000 -2.880 11.118 10.396 9209.250 10.396 10.327
9240 10.530 1.000 -2.870 11.019 10.262 9210.020 10.262 10.333
9241 10.470 1.000 -2.830 10.816 10.183 9210.090 10.183 10.338
9242 10.577 1.000 -2.770 11.065 10.368 9210.160 10.368 10.344
9243 10.643 1.000 -2.790 11.134 10.538 9210.230 10.538 10.349
9244 10.702 1.000 -2.740 11.263 10.680 9210.300 10.680 10.355
9245 10.755 1.000 -2.750 11.240 10.822 9211.060 10.822 10.360
9246 10.856 1.000 -2.740 11.376 11.038 9211.130 11.038 10.366
9247 10.897 1.000 -2.740 11.495 11.074 9211.200 11.074 10.371
9248 10.957 1.000 -2.740 11.596 11.172 9211.270 11.172 10.377
9249 10.993 1.000 -2.770 11.653 11.326 9212.040 11.326 10.382
9250 10.992 1.000 -2.790 11.704 11.295 9212.110 11.295 10.388
9251 11.060 1.000 -2.800 11.913 11.389 9212.180 11.389 10.393
9252 11.055 1.000 -2.830 11.878 11.362 9212.250 11.362 10.399
9253 11.079 1.000 -2.860 11.775 11.580 9301.010 11.580 10.404
9301 11.031 1.000 -2.920 11.601 11.354 9301.080 11.354 10.410
9302 11.163 1.000 -2.830 11.826 11.666 9301.150 11.666 10.416
9303 11.183 1.000 -2.770 11.804 11.755 9301.220 11.755 10.422
9304 11.170 1.000 -2.770 11.883 11.702 9301.290 11.702 10.427
9305 11.289 1.000 -2.740 12.164 11.905 9302.050 11.905 10.433
9306 11.215 1.000 -2.730 12.052 11.730 9302.120 11.730 10.438
9307 11.058 1.000 -2.710 11.778 11.317 9302.190 11.317 10.444
9308 11.147 1.000 -2.690 12.033 11.508 9302.260 11.508 10.449
9309 11.231 1.000 -2.710 12.113 11.686 9303.050 11.686 10.454
9310 11.300 1.000 -2.670 12.220 11.755 9303.120 11.755 10.460
9311 11.282 1.000 -2.660 12.236 11.694 9303.190 11.694 10.465
9312 11.269 1.000 -2.650 12.177 11.690 9303.260 11.690 10.471
9313 11.182 1.000 -2.660 12.010 11.552 9304.020 11.552 10.476
9314 11.207 1.000 -2.670 12.029 11.459 9304.090 11.459 10.481
9315 11.276 1.000 -2.640 12.229 11.568 9304.160 11.568 10.487
9316 11.194 1.000 -2.630 11.911 11.402 9304.230 11.402 10.492
9317 11.228 1.000 -2.610 12.004 11.508 9304.300 11.508 10.497
9318 11.311 1.000 -2.620 12.069 11.710 9305.070 11.710 10.502
9319 11.289 1.000 -2.590 12.001 11.633 9305.140 11.633 10.508
9320 11.399 1.000 -2.600 12.179 11.852 9305.210 11.852 10.513
9321 11.463 1.000 -2.590 12.305 12.006 9305.280 12.006 10.518
9322 11.490 1.000 -2.620 12.308 11.880 9306.040 11.880 10.523
9323 11.424 1.000 -2.620 12.239 11.730 9306.110 11.730 10.529
9324 11.398 1.000 -2.620 12.148 11.718 9306.180 11.718 10.534
9325 11.448 1.000 -2.620 12.262 11.856 9306.250 11.856 10.539
9326 11.479 1.000 -2.630 12.220 12.059 9307.020 12.059 10.545
9327 11.492 1.000 -2.630 12.290 12.002 9307.090 12.002 10.550
9328 11.480 1.000 -2.640 12.231 11.905 9307.160 11.905 10.555
9329 11.488 1.000 -2.630 12.275 11.815 9307.230 11.815 10.561
9330 11.535 1.000 -2.650 12.310 11.998 9307.300 11.998 10.566
9331 11.599 1.000 -2.650 12.332 12.103 9308.060 12.103 10.571
9332 11.628 1.000 -2.640 12.379 12.132 9308.130 12.132 10.577
9333 11.724 1.000 -2.640 12.551 12.342 9308.200 12.342 10.582
9334 11.762 1.000 -2.640 12.679 12.379 9308.270 12.379 10.587
9335 11.797 1.000 -2.640 12.707 12.500 9309.030 12.500 10.593
9336 11.779 1.000 -2.640 12.725 12.395 9309.100 12.395 10.598
9337 11.747 1.000 -2.640 12.652 12.290 9309.170 12.290 10.603
9338 11.816 1.000 -2.650 12.626 12.456 9309.240 12.456 10.609
9339 11.876 1.000 -2.650 12.733 12.581 9310.010 12.581 10.614
9340 11.880 1.000 -2.680 12.713 12.464 9310.080 12.464 10.620
9341 12.003 1.000 -2.640 12.973 12.731 9310.150 12.731 10.625
9342 11.920 1.000 -2.650 12.808 12.444 9310.220 12.444 10.630
9343 11.954 1.000 -2.640 12.940 12.589 9310.290 12.589 10.636
9344 11.853 1.000 -2.660 12.718 12.269 9311.050 12.269 10.641
9345 11.946 1.000 -2.650 12.886 12.585 9311.120 12.585 10.647
9346 11.833 1.000 -2.670 12.815 12.294 9311.190 12.294 10.652
9347 11.843 1.000 -2.670 12.835 12.330 9311.260 12.330 10.658
9348 11.916 1.000 -2.690 12.892 12.273 9312.030 12.273 10.663
9349 11.912 1.000 -2.690 12.872 12.269 9312.100 12.269 10.669
9350 11.918 1.000 -2.690 12.947 12.310 9312.170 12.310 10.674
9351 11.939 1.000 -2.710 12.981 12.249 9312.240 12.249 10.680
9352 12.008 1.000 -2.720 12.962 12.253 9312.310 12.253 10.685
9401 12.046 1.000 -2.750 13.064 12.253 9401.070 12.253 10.691
9402 12.111 1.000 -2.710 13.210 12.262 9401.140 12.262 10.696
9403 12.115 1.000 -2.690 13.212 12.266 9401.210 12.266 10.702
9404 12.162 1.000 -2.680 13.329 12.262 9401.280 12.262 10.707
9405 12.083 1.000 -2.680 13.088 12.292 9402.040 12.292 10.713
9406 12.108 1.000 -2.710 13.106 12.271 9402.110 12.271 10.718
9407 12.117 1.000 -2.750 13.043 12.275 9402.180 12.275 10.724
9408 12.083 1.000 -2.770 13.004 12.271 9402.250 12.271 10.730
9409 12.104 1.000 -2.790 12.974 12.279 9403.040 12.279 10.735
9410 12.137 1.000 -2.810 13.028 12.275 9403.110 12.275 10.741
9411 12.226 1.000 -2.830 13.164 12.284 9403.180 12.284 10.747
9412 12.087 1.000 -2.860 12.878 12.279 9403.250 12.279 10.753
9413 11.842 1.000 -2.930 12.471 12.288 9404.010 12.288 10.759
9414 11.934 1.000 -2.970 12.515 12.292 9404.080 12.292 10.765
9415 11.856 1.000 -3.000 12.497 12.301 9404.150 12.301 10.771
9416 11.825 1.000 -3.040 12.545 12.301 9404.220 12.301 10.777
9417 11.922 1.000 -3.130 12.644 12.301 9404.290 12.301 10.783
9418 11.888 1.000 -3.150 12.565 12.314 9405.060 12.314 10.790
9419 11.799 1.000 -3.240 12.469 12.310 9405.130 12.310 10.796
9420 11.932 1.000 -3.310 12.779 12.305 9405.200 12.305 10.803
9421 11.968 1.000 -3.470 12.854 12.310 9405.270 12.310 10.810
9422 12.009 1.000 -3.510 12.940 12.310 9406.030 12.310 10.817
9423 11.964 1.000 -3.570 12.906 12.319 9406.100 12.319 10.824
9424 11.967 1.000 -3.590 12.907 12.327 9406.170 12.327 10.832
9425 11.737 1.000 -3.630 12.474 12.340 9406.240 12.340 10.839
9426 11.808 1.000 -3.640 12.577 12.340 9407.010 12.340 10.847
9427 11.856 1.000 -3.700 12.679 12.345 9407.080 12.345 10.854
9428 11.936 1.000 -3.750 12.816 12.349 9407.150 12.349 10.862
9429 11.902 1.000 -3.780 12.794 12.345 9407.220 12.345 10.870
9430 11.967 1.000 -3.800 12.946 12.345 9407.290 12.345 10.878
9431 11.956 1.000 -3.830 12.920 12.358 9408.050 12.358 10.886
9432 12.037 1.000 -3.850 13.064 12.362 9408.120 12.362 10.894
9433 12.084 1.000 -3.880 13.121 12.371 9408.190 12.371 10.902
9434 12.222 1.000 -4.030 13.414 12.362 9408.260 12.362 10.910
9435 12.197 1.000 -4.080 13.342 12.380 9409.020 12.380 10.918
9436 12.188 1.000 -4.120 13.269 12.384 9409.090 12.384 10.927
9437 12.243 1.000 -4.140 13.362 12.388 9409.160 12.388 10.935
9438 12.098 1.000 -4.170 13.042 12.388 9409.230 12.388 10.944
9439 12.130 1.000 -4.200 13.135 12.397 9409.300 12.397 10.953
9440 12.034 1.000 -4.260 12.927 12.397 9410.070 12.397 10.962
9441 12.193 1.000 -4.290 13.332 12.397 9410.140 12.397 10.971
9442 12.172 1.000 -4.310 13.220 12.406 9410.210 12.406 10.980
9443 12.277 1.000 -4.350 13.480 12.410 9410.280 12.410 10.989
9444 12.164 1.000 -4.400 13.160 12.428 9411.040 12.428 10.998
9445 12.162 1.000 -4.410 13.169 12.428 9411.110 12.428 11.007
9446 12.161 1.000 -4.500 13.152 12.432 9411.180 12.432 11.016
9447 12.015 1.000 -4.770 12.897 12.441 9411.250 12.441 11.026
9448 12.030 1.000 -4.840 12.933 12.445 9412.020 12.445 11.036
9449 11.891 1.000 -4.910 12.760 12.452 9412.090 12.452 11.046
9450 12.042 1.000 -4.970 13.105 12.465 9412.160 12.465 11.057
9451 12.100 1.000 -5.040 13.142 12.470 9412.230 12.470 11.067
9452 12.136 1.000 -5.120 13.133 12.488 9412.300 12.488 11.078
9501 12.126 1.000 -5.180 13.181 12.488 9501.060 12.488 11.089
9502 12.210 1.000 -5.180 13.339 12.492 9501.130 12.492 11.100
9503 12.187 1.000 -5.160 13.312 12.510 9501.200 12.510 11.111
9504 12.199 1.000 -5.170 13.479 12.515 9501.270 12.515 11.122
9505 12.320 1.000 -5.230 13.723 12.520 9502.030 12.520 11.133
9506 12.395 1.000 -5.370 13.810 12.601 9502.100 12.601 11.144
9507 12.382 1.000 -5.430 13.832 12.538 9502.170 12.538 11.155
9508 12.432 1.000 -5.480 14.015 12.642 9502.240 12.642 11.167
9509 12.459 1.000 -5.490 13.945 12.673 9503.030 12.673 11.179
9510 12.479 1.000 -5.490 14.071 12.682 9503.100 12.682 11.191
9511 12.557 1.000 -5.500 14.249 12.750 9503.170 12.750 11.202
9512 12.647 1.000 -5.520 14.413 12.886 9503.240 12.886 11.214
9513 12.652 1.000 -5.530 14.412 12.900 9503.310 12.900 11.226
9514 12.685 1.000 -5.580 14.584 12.949 9504.070 12.949 11.238
9515 12.801 1.000 -5.530 14.673 13.139 9504.140 13.139 11.250
9516 12.738 1.000 -5.540 14.660 12.986 9504.210 12.986 11.262
9517 12.858 1.000 -5.510 14.847 13.171 9504.280 13.171 11.274
9518 12.907 1.000 -5.530 15.011 13.130 9505.050 13.130 11.286
9519 13.021 1.000 -5.510 15.176 13.384 9505.120 13.384 11.298
9520 12.997 1.000 -5.520 15.000 13.334 9505.190 13.334 11.310
9521 13.060 1.000 -5.510 15.137 13.447 9505.260 13.447 11.322
9522 13.142 1.000 -5.510 15.401 13.578 9506.020 13.578 11.334
9523 13.163 1.000 -5.500 15.277 13.601 9506.090 13.601 11.346
9524 13.297 1.000 -5.490 15.629 13.877 9506.160 13.877 11.358
9525 13.474 1.000 -5.490 15.923 14.148 9506.230 14.148 11.370
9526 13.407 1.000 -5.460 15.788 13.995 9506.300 13.995 11.381
9527 13.623 1.000 -5.470 16.133 14.393 9507.070 14.393 11.393
9528 13.717 1.000 -5.420 16.243 14.547 9507.140 14.547 11.405
9529 13.563 1.000 -5.340 16.069 14.221 9507.210 14.221 11.417
9530 13.770 1.000 -5.320 16.347 14.660 9507.280 14.660 11.429
9531 13.702 1.000 -5.310 16.239 14.510 9508.040 14.510 11.441
9532 13.726 1.000 -5.290 16.136 14.583 9508.110 14.583 11.452
9533 13.879 1.000 -5.270 16.263 14.940 9508.180 14.940 11.464
9534 13.840 1.000 -5.270 16.297 14.868 9508.250 14.868 11.475
9535 13.884 1.000 -5.250 16.414 14.967 9509.010 14.967 11.487
9536 14.079 1.000 -5.250 16.679 15.352 9509.080 15.352 11.499
9537 14.106 1.000 -5.240 16.998 15.365 9509.150 15.365 11.510
9538 14.096 1.000 -5.250 16.959 15.352 9509.220 15.352 11.522
9539 14.103 1.000 -5.210 17.045 15.329 9509.290 15.329 11.533
9540 14.022 1.000 -5.290 16.997 15.031 9510.060 15.031 11.545
9541 14.082 1.000 -5.200 17.064 15.171 9510.130 15.171 11.557
9542 14.088 1.000 -5.210 17.159 15.184 9510.200 15.184 11.568
9543 14.000 1.000 -5.200 16.940 14.863 9510.270 14.863 11.580
Risk-adjusted
Rightime MidCap Fund comparison of change
Balanced Reference Index in value of $10,000
(50% Lipper/50% Money Market) investment in the
Money Market Fund Index Rightime MidCap
Fund, Balanced
Reference Index (50%
Lipper/50% Money
Market), and Money
Market Fund Index
</TABLE>
<TABLE>
<CAPTION>
Oficers
Rightime and Directors
Family of Funds of the Fund
- -----------------------------------------------------------------------------------------------
Name Position and Office Principal Occupation
and Address with the Fund during the past five years
- ---------------------------- ---------------------- ---------------------------------
<S> <C> <C>
David J. Rights* Chairman of the Board, Consultant to Lincoln Investment
1095 Rydal Road President, and Planning, Inc., a registered
Rydal, Pa. 19406 Treasurer investment advisor and broker
dealer. Since May 1981,
President of Rightime
Econometrics, Inc., a
registered investment
advisor.
Edward S. Forst Sr.* Director, Vice-President Chairman of the Board,
The Forst Pavilion and Secretary Lincoln Investment lanning
218 Glenside Avenue Inc., a registered investment
Wyncote, Pa 19805 advisor and broker dealer.
Francis X. Barrett Director Director and Member of the
Reading, Pa 19805 Finance and Pension Committee,
Sacred Heart Hospital,
Formerly, Executive Director,
National Catholic Education
Association, Pastor, Church
of Holy Guardian Angels,
Reading, PA.
Dr. Winifred L. Tillery Director Superintendent of Schools,
Mt. Laurel, NJ 08054 Camden City, New Jersey.
Dr. Carol A. Wacker Director Former Assistant Superintendent
Encinitas, CA 92024 for Senior High Schools, the
Philadelphia School District.
- --------------
* "Interested" director as defined
in the Investment Company Act
of 1940.
</TABLE>
The Rightime Family of Funds
The Forst Pavilion
218 Glenside Ave.
Wyncote, PA 19095-1594
Client Services Department
215-887-8111, Press 2
800-242-1421
Administrator
Rightime Administrators Inc.
The Forst Pavilion
218 Glenside Ave.
Wyncote, PA 19095-1594
Investment Advisor
Rightime Econometrics Inc.
1095 Rydal Road
Rydal, PA 19046
Distributor
Lincoln Investment Planning, Inc.
The Forst Pavilion
218 Glenside Ave.
Wyncote, PA 19095-1595
Custodian
CoreStates Bank N.A.
Broad & Chestnut Streets
Philadelphia, PA 19101
Transfer Agent
Lincoln Investment Planning, Inc.
The Forst Pavilion
218 Glenside Ave.
Wyncote, PA 19095-1595
Legal Counsel
Stradley, Ronon, Stevens & Young
2600 One Commerce Square
Philadelphia, PA 19103
Auditors
Tait, Weller & Baker
Two Penn Center, Suite 700
Philadelphia, PA 19102
Table of Contents
Portfolios
The Rightime Fund 3
The Rightime Government Securities Fund 5
The Rightime Blue Chip Fund 6
The Rightime Social Awareness Fund 15
The Rightime MidCap Fund 18
Financial Statements
Statements of Assets & Liabilities 26
Statements of Operations 28
Statements of Changes in Net Assets 30
Financial Highlights 32
Notes to Financial Statements
Notes & Schedules 34
Report of Independent Certified Public Accountants 39
Portfolio Comparisons
Rightime Fund 40
Rightime Government Securities Fund 42
Rightime Blue Chip Fund 44
Rightime Social Awareness Fund 46
Rightime MidCap Fund 48
Annual Report
October 31, 1995
The Rightime Fund
The Rightime Government Securities Fund
The Rightime Blue Chip Fund
The Rightime Social Awareness Fund
The Rightime MidCap Fund
