Portfolio Update 8/14/09

TDBU performance overview

RETURNS
Last Week 0.51%
Last Month 17.96%
Last 3 Months 28.33%
Last 6 Months 40.32%
Last 12 Months N/A
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 28.21%
(Annualized) 38.25%


S&P500 RETURNS
Last Week 1.65%
Last Month 12.00%
Last 3 Months 15.34%
Last 6 Months 24.03%
Last 12 Months N/A
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 11.10%
(Annualized) 14.70%


RETURNS VS S&P500
Last Week -1.14%
Last Month 5.96%
Last 3 Months 12.99%
Last 6 Months 16.29%
Last 12 Months N/A
Last 2 Years N/A
Last 3 Years N/A
Last 5 Years N/A
Since Inception 17.11%
(Annualized) 23.55%

The Fund has beaten the S&P 500 over 17% since inception.