## Edward Torres Mgmt Trust FBO

-

## A/C#

## Performance Analysis from 7/23/2007 - 3/31/2009

<table><tr><th></th><th><u>2007-</u></th><th><u>2008</u></th><th><u>YTD 2009</u></th></tr><tr><td>Total Account</td><td>2.11%</td><td>-24.30%</td><td>-3.32%</td></tr><tr><td>US Equity</td><td></td><td></td><td></td></tr><tr><td>US Large Cap</td><td>4.68%</td><td>-33.91%</td><td>-6.01%</td></tr><tr><td>Standard &amp; Poors 500 Index</td><td>-3.89%</td><td>-37.00%</td><td>-11.01%</td></tr><tr><td>US Small Cap</td><td>-4.46%</td><td>-40.52%</td><td>-17.71%</td></tr><tr><td>Russell 2000 Index</td><td>-7.77%</td><td>-33.79%</td><td>-14.95%</td></tr><tr><td>International Equity</td><td></td><td></td><td></td></tr><tr><td>European Equity</td><td>-5.94%</td><td>-52.67% ***</td><td>N/A</td></tr><tr><td>Japan Equity</td><td>-5.26%</td><td>-35.82% ***</td><td>N/A</td></tr><tr><td>Pacific Basin ex-Japan Equity</td><td>17.84%</td><td>-55.86% ***</td><td>N/A</td></tr><tr><td>EAFE</td><td>N/A</td><td>-1.22% ****</td><td>-19.34%</td></tr><tr><td>MSCI EAFE Index</td><td>N/A</td><td>-1.81 ****</td><td>-13.96%</td></tr><tr><td>Emerging Markets Equity</td><td>6.98%</td><td>-48.61%</td><td>-4.42%</td></tr><tr><td>MSCI Emerging Markets Free Index</td><td>8.17%</td><td>-53.33%</td><td>0.69%</td></tr><tr><td>Real Estate (REITs)</td><td>-8.29%</td><td>-43.95% ***</td><td>N/A</td></tr><tr><td>Commodities</td><td>9.83%</td><td>-26.07%</td><td>-6.08%</td></tr><tr><td>US Fixed Income</td><td>3.12%</td><td>2.81%</td><td>1.01%</td></tr><tr><td>Emerging Market Bonds</td><td>3.80%</td><td>-14.27% ***</td><td>N/A</td></tr><tr><td>High Yield Bonds</td><td>1.03%</td><td>-15.44% *****</td><td>4.42%</td></tr><tr><td>Municipals</td><td>3.5%**</td><td>4.77%</td><td>2.39%</td></tr><tr><td>TIPS</td><td>8.80%</td><td>-0.05%</td><td>3.50%</td></tr><tr><td>*Inception 7/23/2007</td><td></td><td></td><td></td></tr><tr><td>** Purchase Date 7/26/2007</td><td></td><td></td><td></td></tr><tr><td>Sold 11/10/2008</td><td></td><td></td><td></td></tr><tr><td>*** Purchase Date 11/10/2008</td><td></td><td></td><td></td></tr><tr><td>***** 1/1/2008 - 11/10/2008 &amp; 12/15/2008 - 12/31/2008</td><td></td><td></td><td></td></tr></table>

Source: DB InSight

EFTA_R1_01474401