S&P 500 Portfolio
Last Update:	Purchase		Purchase	Purchase	Current	Current	Dollar	Percent
12/29/2000	Date	Shares	Price	Amount	Price	Value	Profit	Profit
SPY	12/31/98	1500	$146.88	$220,312.50	$131.19	$196,781.25	($23,531.25)	-10.68%
SPY	05/12/00	500	$142.81	$71,406.25	$131.19	$65,593.75	($5,812.50)	-8.14%
Cash	12/31/98	.	.	$3,375.00	.	$5,406.25	.	.
Totals						$267,781.25	$  (29,343.75)	-9.88%

Year 2000 Start NAV	$      297,125.00
Fund Start Total	$      250,000.00
Current NAV	$      267,781.25
Fund Start Date	12/31/1998
Change since start	$        17,781.25
Percentage Change	7.1%
Cash Allocation	2.0%
Stock Allocation	98.0%

Transaction History
Symbol	Date	Shares	Buy/Sell	Price	Paid	Profit/Loss	% Change	Proceeds
SPY	12/31/1999	500	Sell	$    146.88	$123.31	$11,781.25	19.1%	$73,437.50
SPY	12/31/1999	500	Buy/Sell	$    142.81				-$71,406.25