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PERFORMANCE

The tables below contain current and historical model returns information. All model data presented below are net of a 1.75% annual management fee that is prorated and assessed quarterly.

The return on $100k table represents the cumulative profit on an initial investment of one hundred thousand dollars in the Oklo Investment Program vs. a similar investment in our benchmark mutual funds.

Our low betas onto stocks and bonds and the low R-Squared of the model regression is produced by our tactical asset allocation model. We are diversified away from simply holding stocks and bonds.

Please remember past performance is no indication of future performance. Investing in the financial markets entails many types of risk. Under adverse conditions significant depreciation of client capital may occur.

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Recent Investment Returns Latest Return Return on $100k from 09/04/2001
Year-to-Date (07/11/2008 ) Date (07/11/2008 ) Date (07/11/2008 )
MODEL -0.44% MODEL -0.64% MODEL $76,349
BONDS +1.04% BONDS $37,367
STOCKS -13.76%     STOCKS $33,122
 
Annualized Performance Measures Model Regression Statistics
  Return Stdev Sig. Ratio  
MODEL 8.66% 6.32% 1.37 Beta BONDS 62%
BONDS 4.76% 4.24% 1.12 Beta STOCKS 30%
STOCKS 4.28% 16.65% 0.26
R-squared 0.63
 
Annual Investment Returns Model Actual vs. Expected Returns
Year MODEL BONDS STOCKS Year Actual Expected
2007 6.48% 6.92% 5.49% 2007 6.48% 8.09%
2006 9.74% 4.27% 15.51% 2006 9.74% 7.84%
2005 8.08% 2.40% 5.98% 2005 8.08% 8.06%
2004 11.51% 4.24% 12.52% 2004 11.51% 9.98%
2003 17.98% 3.97% 31.35% 2003 17.98% 9.05%
2002 6.24% 8.37% -20.96% 2002 6.24% 8.00%
2001 0.47% 1.40% 2.33% 2001 0.47% 2.03%
 
Recent Quarterly Investment Returns Model Actual vs. Expected Returns
Quarter MODEL BONDS STOCKS Quarter Actual Expected
Q1 2008 -0.21% 2.15% -9.50% Q1 2008 -0.21% 1.97%
Q4 2007 0.40% 3.08% -3.31% Q4 2007 0.40% 2.01%
Q3 2007 3.18% 2.93% 1.51% Q3 2007 3.18% 2.00%
Q2 2007 0.52% -0.66% 6.04% Q2 2007 0.52% 1.95%
Q1 2007 2.25% 1.44% 1.35% Q1 2007 2.25% 1.93%
Q4 2006 3.96% 1.35% 7.04% Q4 2006 3.96% 2.00%
Q3 2006 3.14% 3.85% 4.50% Q3 2006 3.14% 1.98%
Q2 2006 -0.64% -0.20% -1.99% Q2 2006 -0.64% 1.95%
Q1 2006 3.00% -0.73% 5.37% Q1 2006 3.00% 1.96%
Q4 2005 0.50% 0.65% 2.17% Q4 2005 0.50% 1.97%
Q3 2005 4.76% -0.75% 4.01% Q3 2005 4.76% 2.01%
Q2 2005 2.91% 2.99% 2.18% Q2 2005 2.91% 2.00%
Q1 2005 -0.25% -0.47% -2.40% Q1 2005 -0.25% 2.12%
Q4 2004 5.16% 0.95% 10.31% Q4 2004 5.16% 2.55%
Q3 2004 4.21% 3.09% -1.82% Q3 2004 4.21% 2.50%
Q2 2004 -2.91% -2.49% 1.28% Q2 2004 -2.91% 2.23%
Q1 2004 4.81% 2.71% 2.58% Q1 2004 4.81% 2.63%
Q4 2003 7.00% 0.18% 12.40% Q4 2003 7.00% 2.61%
Q3 2003 2.93% -0.11% 3.60% Q3 2003 2.93% 2.49%
Q2 2003 7.51% 2.57% 16.46% Q2 2003 7.51% 1.82%
Q1 2003 -0.36% 1.30% -3.14% Q1 2003 -0.36% 1.89%
Q4 2002 2.27% 1.47% 7.82% Q4 2002 2.27% 1.98%
Q3 2002 -2.34% 3.71% -16.84% Q3 2002 -2.34% 2.55%
Q2 2002 1.98% 2.80% -12.69% Q2 2002 1.98% 1.94%
Q1 2002 4.30% 0.16% 0.97% Q1 2002 4.30% 1.59%
Q4 2001 2.13% -0.18% 12.32% Q4 2001 2.13% 1.73%
Sept. 2001 -1.63% 1.59% -8.89% Sept. 2001 -1.63% 0.43%
 


Performance results represent estimated results for the strategy managed by OKLO financial, LLC. (“OKLO”) during the corresponding time periods. The performance results reflect the reinvestment of dividends and other account earnings, and are net of estimated applicable account transaction and custodial charges, and OKLO’s investment management fee.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance will be profitable, or equal either the performance results reflected or any corresponding historical index. The historical index performance results are provided exclusively for comparison purposes only, so as to provide general comparative information to assist an individual participant or prospective participant in determining whether the performance of a OKLO portfolio meets, or continues to meet, his/her investment objective(s). A corresponding description of the comparative indices are available from OKLO upon request. It should not be assumed that any OKLO portfolio will correspond directly to any such comparative index. The OKLO performance results and the comparative indices do not reflect any corresponding impact of taxes on investment returns for non-qualified retirement accounts.

Please Note: the composite performance results reflected may not be reflective of any specific OKLO client portfolio. For reasons including variances in portfolio account holdings, variances in the OKLO advisory fee incurred, market fluctuation, the date on which a client engaged OKLO’s services, and any account contributions or withdrawals, the performance of a specific client’s account may have varied substantially from the indicated composite results.

In the event that there has been a change in a client’s investment objectives or financial situation, he/she/it is encouraged to advise OKLO immediately. Different types of investments and/or investment strategies involve varying levels of risk, and there can be no assurance that any specific investment or investment strategy (including the investments purchased and/or investment strategies devised or undertaken by OKLO) will be either suitable or profitable for a client’s or prospective client’s portfolio. In addition, the holdings depicted are as of specific date, and are subject to change without notice. Accordingly, no client or prospective client should assume that any such individual securities are appropriate for his/her portfolio, or serve as the receipt of, or a substitute for, personalized advice from OKLO, or from any other investment professional. All performance results have been compiled solely by OKLO, are unaudited, and have not been independently verified. OKLO also maintains all information supporting the performance results in accordance with regulatory requirements.

 

Copyright 2007 OKLO financial. All rights reserved.

The OKLO Core Investment Program is not FDIC insured, not guaranteed by any bank and may lose value.