ABC Financial Portfolio Manager DB

Part B Table of Contents

PART A

EXECUTIVE SUMMARY ...................................................................................... 1

PART B

TABLE OF CONTENTS ......................................................................................... 2

PART C

BUSINESS RATIONALE AND IMPLICATIONS ............................................... 3

C.1

TRANSACTION TRACKING ............................................................................................... 3

C.2

BATCH TRACKING ........................................................................................................... 3

C.3

FINANCIAL REPORTING ................................................................................................... 4

PART D
D.1

DATABASE ANALYSIS AND DESIGN ............................................................... 5

CONCEPTUAL MODEL ...................................................................................................... 5

D.1.1

Entity SECURITY.................................................................................................... 6

D.1.2

Entity VALUATION ................................................................................................ 7

D.1.3

Entity TRANSACTION ............................................................................................ 7

D.2

RELATIONAL MODEL....................................................................................................... 8

D.2.1

Stabled Translation................................................................................................. 8

D.2.2

Mapped Translation................................................................................................ 9

D.2.3

Mapped Translation with Total/Partial Consideration .......................................... 9

PART E

DB PHYSICAL IMPLEMENTATION ................................................................ 10

E.1

TABLES ......................................................................................................................... 10

E.2

QUERIES ........................................................................................................................ 10

E.2.1

Query DetailedBuys .............................................................................................. 10

E.2.2

Query DetailedSells .............................................................................................. 11

E.2.3

Query PortfolioMktValue...................................................................................... 12

E.3

REPORTS........................................................................................................................ 13

E.3.1

Report ProfitLoss .................................................................................................. 13

E.3.2

Report PortfolioMrkValue-with-PL ...................................................................... 17

PART F

APPENDIXES ......................................................................................................... 19

F.1

APPENDIX A .................................................................................................................. 19

F.2

APPENDIX B .................................................................................................................. 19

F.3

APPENDIX C .................................................................................................................. 48
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Part C Business Rationale and Implications

American Business Consulting (ABC) is a privately-owned consulting firm with focus on
financial advice and technology. ABC manages its own private investment portfolio using a
Schwab brokerage account. Although Schwab provides monthly statements and online reports,
the ABCs portfolio manager feels the firm needs more detailed transaction data in order to
monitor the performance of the portfolio. In addition, having more detailed reporting will allow
the portfolio manager to make better buy or sell decisions. Using the internal programming
team, the portfolio manager envisions a custom in-house system able to provide key financial
management functionality.

C.1 Transaction Tracking

The system and database should be able to track stocks being bought or sold within the
portfolio. The initial point of entry in the software system will be a transaction. At the time of
entering the transaction, starting with the company name or market ticker, the system will
retrieve information from the Internet related to the company. Once the initial buy transaction is
entered, the software system will retrieve historical market closing data starting with a date
defined by the user. Once the software system has the stock, transaction, and historical data, it
will populate the database.

C.2 Batch Tracking

The software system will assist the portfolio manager and the database to keep
transactions for the same stock associated with batch identifiers. This attribute will allow the
tracking of different batches of the same security. For example, on 10/06/2005 the portfolio
manager opens a long position on Microsoft Corporation by buying 100 shares of MSFT at
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$24.87, and later on 11/17/2005 buys an additional 100 shares of MSFT at 28.00. On
12/09/2005, the portfolio manager closes all the positions on MSFT by selling the 200 at $27.70.
For both, P&L and tax purposes, the two buy transactions must be kept separate to accurately
calculate the capital gains or losses. By assigning a batch number each time a buy transaction
occurs, it is possible to assign the same batch number to the corresponding sell transaction,
ensuring that capital gains calculations are done properly. Table 1 represents the buy/sell
transactions described in the example above:
TRANSACTION
TrxId

TrxTicker

TrxDate

TrxQty

TrxPrice TrxType

TrxBroker

TrxComm

TrxBatchNo

MSFT

10/06/2005

100

24.87

BUY

SCHWAB

14.00

MSFT

11/17/2005

100

28.00

BUY

SCHWAB

14.00

MSFT

12/09/2005

100

27.70

SELL

SCHWAB

7.00

MSFT

12/09/2005

100

27.70

SELL

SCHWAB

7.00

Based on the transactions described in Table 1, the MSFT batch #1 had a profit of $269
(including buy and sell commission fees) and batch #2 had a loss of $51 after including buy/sell
commission fees.

C.3 Financial Reporting

The financial manager envisions two types of reports. The first one should an historical
report of all the positions that have been totally or partially closed (sold). Such report should
show the original cost of the security, the closing selling price, and the profit or loss realized on
the transactions. The second report should show the current open positions for each stock, with

ABC Financial Portfolio Manager DB

their original cost, current market value per share, extended market value for the position, and
unrealized profit or loss.

Part D Database Analysis and Design

The DB will serve as a repository of stock securities, transactions and valuations. The
main purpose of the DB is to store buy/sell stock transactions for a given security and store daily
historical valuations or quotes for the securities being transacted. The DB will provide answers
to the following questions:

What stock securities have records of been sold or bought?

What is the net number of shares for a given security at some point in time?

What is the cost associated with a given buy transaction?

What is the market value of the given security at some point in time?

What is the market value of the entire portfolio at some point in time?

What is the profit & loss (P&L) value for a given security?

What is the P&L value for the entire portfolio?

D.1 Conceptual Model

The ABC Portfolio Tracker model will consist of three associated entities, whose purpose
is to store valuations, securities, and transactions. Figure 1 shows the entity relational diagram of
the DB model.

ABC Financial Portfolio Manager DB

ValDate

ValQuote

VALUATION

SecTicker

M
|

quotes

1
|

SecName

TrxDate
SecExchange

1
|

SECURITY

SecSector

executes

SecMarketCap

TrxType

M
|

TrxBatchNo

TRANSACTION

TrxPrice
TrxComm
TrxQty

TrxBroker

Figure 1: ABC Financial Portfolio DB ERD

D.1.1 Entity SECURITY

This entity is the central entity in the model. It holds generic information about stocks
being transacted and quoted. The entity has the following attributes:

SecTicker: Designated market ticker for company that trades in the public
financial markets. For example, MSFT is the market ticker for Microsoft
Corporation. Since financial markets require that ticker designations are unique,
SecTicker is the primary key.

SecName: Corporate name of the public company being traded. For example,
APPLE COMPUTER is the corporate name associated with ticker AAPL.

SecExchange: A marketplace in which shares, options and futures on stocks,

bonds, commodities, and indexes are traded. Principal U.S. stock exchanges are:
New York Stock Exchange (NYSE), American Stock Exchange (AMEX), and
National Association of Securities Dealers Automatic Quotation System
(NASDAQ).
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ABC Financial Portfolio Manager DB

SecSector: Used to characterize a group of securities that are similar with respect
to maturity, type, rating, industry, and/or coupon.

SecMktCap: This attribute will store the market capitalization of the public
company. Capitalization is a measure of corporate size and will store values such
as Large Cap, Middle Cap, and Small Cap.

D.1.2 Entity VALUATION

This entity is a weak entity and its main function is to store daily quotes for each one of
the stocks found in the SECURITY entity, facilitating a daily representation of the market value
for each one of the securities being tracked. The VALUATION entity has the following
attributes:

ValDate: The date of the market valuation or quote.

ValQuote: U.S. Dollar per share value of the stock ticker being quoted.

Within the VALUATION entity, the primary key is concatenated by combining the
ValDate and the strong entitys primary key SECURITY.SecTicker. In other words, there will
always be only one quote for a given date and ticker.

D.1.3 Entity TRANSACTION

This entity will store the sell/buy transactions associated with a given stock security.
This entity is alo weak and will derive its primary key from its strong entitys primary key
SECURITY.SecTicker, combined with TrxType and TrxDate. The attributes for this entity are:

TrxQty: Number of shares being sold or bought.

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TrxPrice: Per share price of the stock being transacted.

TrxType: Type of transaction: SELL or BUY.

TrxBroker: Broker organization used to execute the transaction.

TrxDate: Date of the transaction.

TrxComm: Brokerage commission cost per transaction.

TrxBatchNo: This attribute will allow the tracking of different batches of the
same security.

D.2 Relational Model

D.2.1 Stabled Translation
Valuation (ValDate, SecTicker, ValQuote)
Comment: The entity VALUATION is weak. Thus, it must contain the key identifier of
its related strong entity: SECURITY.
Security (SecTicker, SecName, SecExchange, SecSector, SecMktCap)
Transaction (TrxDate, TrxBatchNo, TrxType, SecTicker, TrxQty, TrxPrice,
TrxCommission, TrxBroker)
Comment: The entity TRANSACTION is weak. Thus, it must contain the key
identifier of its related strong entity: SECURITY.
Quotes (ValDate, SecTicker)
Executes (TrxDate, TrxBatchNo, TrxType, SecTicker)
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Comment: A weak entity will have a foreign key as part of its own primary key. Since the
weak entities have 1:M relationships with the strong entity that defines them, they will
also have a partial key of their own. This partial key, together with the primary key of the
defining entity inserted as a foreign key, together make up the primary key of the table for
the weak entity.1

D.2.2 Mapped Translation

Valuation (ValDate, ValTicker, SecTicker, ValQuote)
Security (SecTicker, SecName, SecExchange, SecSector, SecMktCap)
Transaction (TrxType, TrxDate, TrxBatchNo, SecTicker, TrxQty, TrxPrice,
TrxCommission, TrxBroker)

D.2.3 Mapped Translation with Total/Partial Consideration

Valuation (ValDate, ValTicker, SecTicker, ValQuote)
Comment: The relationship Quotes was absorbed by the entity Valuation. The
participation between the Valuation entity and the Security entity is total; thus, the
mapping stays.
Security (SecTicker, SecName, SecExchange, SecSector, SecMktCap)
Transaction (TrxType, TrxDate, TrxBatchNo, SecTicker, TrxQty, TrxPrice,
TrxCommission, TrxBroker)

Haigh, T (2001). Translation of ER model to relational schema. Retrieved from the web on 12/09/2005

ABC Financial Portfolio Manager DB

Comment: The relationship Executes was absorbed by the entity Transaction. The
participation between the Transaction entity and the Security entity is total; thus,
the mapping stays.
For the purposes of this project, the Mapped translation will be used to physically build
the database.

Part E DB Physical Implementation

The physical implementation of the database was done in Microsoft Access. All tables,
relationships, queries, and reports were created in MS Access, following the design ERD model
and the relational model.

E.1 Tables
Three tables were created in MS Access: SECURITY (Appendix A), VALUATION
(Appendix B), and TRANSACTIONS (Appendix C).

E.2 Queries
The project presents three queries designed to show the relationship joins among the
tables.

E.2.1 Query DetailedBuys

Shows all the BUY transactions performed within the database. SQL statement:

http://www.tomandmaria.com/tom/Teaching/Drexel210/translation_hints.htm

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SELECT TRANSACTION.TrxDate, TRANSACTION.SecTicker, SECURITY.SecName,

TRANSACTION.TrxBatchNo, TRANSACTION.TrxQty, TRANSACTION.TrxPrice,
TRANSACTION.TrxComm,
(((TRANSACTION.TrxQty)*TRANSACTION.TrxPrice)+TRANSACTION.TrxComm) AS
Debit FROM [TRANSACTION] INNER JOIN SECURITY ON
TRANSACTION.SecTicker=SECURITY.SecTicker
WHERE (((TRANSACTION.TrxType)="BUY"))
ORDER BY TRANSACTION.TrxDate, TRANSACTION.SecTicker;

DetailedBuys
TrxDate
01/03/2005
01/04/2005
01/05/2005
03/07/2005
03/15/2005
03/28/2005
05/04/2005
05/11/2005
05/25/2005
09/15/2005
10/06/2005
10/24/2005
10/27/2005
11/17/2005

SecTicker
AAPL
UNH
MSFT
ESRX
CVH
UNH
ESRX
AAPL
MSFT
ESRX
MSFT
CVH
CVH
MSFT

SecName
TrxBatchNo TrxQty TrxPrice TrxComm Debit
APPLE COMPUTER
1
200
31.30
14.00 6274
UNITEDHEALTH GROUP
1
300
43.10
14.00 12944
MICROSOFT CP
1
200
26.75
14.00 5364
EXPRESS SCRIPTS CO
1
500
43.50
14.00 21764
COVENTRY HLTH CARE
1
300
44.50
14.00 13364
UNITEDHEALTH GROUP
2
400
46.85
14.00 18754
EXPRESS SCRIPTS CO
2
500
45.00
14.00 22514
APPLE COMPUTER
2
200
33.10
14.00 6634
MICROSOFT CP
2
200
25.60
14.00 5134
EXPRESS SCRIPTS CO
3
500
62.00
14.00 31014
MICROSOFT CP
3
100
24.87
14.00 2501
COVENTRY HLTH CARE
2
100
60.00
14.00 6014
COVENTRY HLTH CARE
3
400
50.00
14.00 20014
MICROSOFT CP
4
100
28.00
14.00 2814

E.2.2 Query DetailedSells

Shows all the SELL transactions ever stored in the database. SQL statement:
SELECT TRANSACTION.TrxDate, TRANSACTION.SecTicker, SECURITY.SecName,
TRANSACTION.TrxBatchNo, TRANSACTION.TrxQty, TRANSACTION.TrxPrice,
TRANSACTION.TrxComm, (((TRANSACTION.TrxQty*-1)*TRANSACTION.TrxPrice)TRANSACTION.TrxComm) AS Credit

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FROM [TRANSACTION] INNER JOIN SECURITY ON

TRANSACTION.SecTicker=SECURITY.SecTicker
WHERE (((TRANSACTION.TrxType)="SELL"))
ORDER BY TRANSACTION.TrxDate, TRANSACTION.SecTicker;

DetailedSells
TrxDate
03/29/2005
05/13/2005
06/21/2005
07/22/2005
08/05/2005
09/12/2005
12/06/2005
12/09/2005

SecTicker
ESRX
CVH
UNH
ESRX
MSFT
CVH
AAPL
MSFT

SecName
TrxBatchNo TrxQty TrxPrice TrxComm Credit
EXPRESS SCRIPTS CO
1
-500
41.90
14.00 20936
COVENTRY HLTH CARE
1
-200
42.50
14.00 8486
UNITEDHEALTH GROUP
1
-250
52.00
14.00 12986
EXPRESS SCRIPTS CO
2
-500
45.10
14.00 22536
MICROSOFT CP
1
-200
27.75
14.00 5536
COVENTRY HLTH CARE
1
-100
56.50
14.00 5636
APPLE COMPUTER
1
-150
74.00
14.00 11086
MICROSOFT CP
2
-100
27.70
14.00 2756

E.2.3 Query PortfolioMktValue

This query shows the market portfolio value at some specific period in time, in this case
as of 10/31/2005. SQL statement:
SELECT Vax.ValDate, Trx.Ticker, Sec.SecName AS Security, Trx.Shares,
Vax.Quote, (Trx.Shares * Vax.Quote) AS MktValue
FROM [SELECT TRANSACTION.SecTicker as Ticker, Sum(TRANSACTION.TrxQty)
AS Shares
FROM [TRANSACTION]
WHERE ((TRANSACTION.TrxDate)<=#10/31/2005#)
GROUP BY TRANSACTION.SecTicker]. AS Trx, [SELECT VALUATION.ValDate as
ValDate, VALUATION.SecTicker as Ticker, VALUATION.ValQuote as Quote
FROM [VALUATION]

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WHERE ((VALUATION.ValDate)=#10/31/2005#)]. AS Vax, SECURITY AS Sec

WHERE Trx.Ticker = Vax.Ticker
and Trx.Ticker = Sec.SecTicker;

PortfolioMktValue
ValDate
10/31/2005
10/31/2005
10/31/2005
10/31/2005
10/31/2005

Ticker
MSFT
AAPL
CVH
UNH
ESRX

Security
Shares Quote MktValue
MICROSOFT CP
300 $25.70
7710
APPLE COMPUTER
400 $57.59
23036
COVENTRY HLTH CARE
500 $53.99
26995
UNITEDHEALTH GROUP
450 $57.89 26050.5
EXPRESS SCRIPTS CO
500 $75.41
37705

E.3 Reports
The project presents two reports, with corresponding queries. The first report
(ProfitLoss) is an historical report with all the positions that have been totally or partially closed
(sold). The report shows the original cost of the security, the closing selling price, and the profit
or loss realized on the transactions. The second report (PortfolioMrkValue-with-PL) shows the
current open positions for each stock, with their original cost, current market value per share,
extended market value for the position, and unrealized profit or loss.

E.3.1 Report ProfitLoss

The following SQL statement jouns the tables and datasets to bring the data for the
report, followed by a sample of the report.
SELECT TRANSACTION.TrxDate AS SellDate, TRANSACTION.SecTicker AS
Ticker, SECURITY.SecName, TRANSACTION.TrxBatchNo AS BatchNo,
(TRANSACTION.TrxQty*-1) AS QtySold, TRANSACTION.TrxPrice AS SellPrice,
TRANSACTION.TrxComm AS SellComm, (((TRANSACTION.TrxQty*-

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1)*TRANSACTION.TrxPrice)-TRANSACTION.TrxComm) AS TotalSell,
TRANSACTION_1.TrxDate AS BuyDate, TRANSACTION_1.TrxPrice AS BuyPrice,
((TRANSACTION_1.TrxComm/TRANSACTION_1.TrxQty)*TRANSACTION.TrxQty*-1) AS
BuyComm, (((TRANSACTION.TrxQty*TRANSACTION_1.TrxPrice)+BuyComm)*-1) AS
TotalBuy
FROM ([TRANSACTION] INNER JOIN SECURITY ON
TRANSACTION.SecTicker=SECURITY.SecTicker) INNER JOIN [TRANSACTION] AS
TRANSACTION_1 ON (TRANSACTION.SecTicker=TRANSACTION_1.SecTicker) AND
(TRANSACTION.TrxBatchNo=TRANSACTION_1.TrxBatchNo)
WHERE (((TRANSACTION.TrxType)="SELL") And
((TRANSACTION_1.TrxType)="BUY"))
ORDER BY TRANSACTION.TrxDate, TRANSACTION.SecTicker;

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E.3.2 Report PortfolioMrkValue-with-PL

The following SQL statement joins and brings the data for the report, followed by a
sample of the report.
SELECT Trx.SecTicker, Vax.ValQuote, Vax.ValDate, Trx.TrxBatchNo,
Trx.NetTrxQty, BuyTrx.TrxDate, BuyTrx.TrxPrice, Sec.SecName
FROM [SELECT VALUATION.SecTicker, VALUATION.ValQuote,VALUATION.ValDate
FROM VALUATION
WHERE VALUATION.ValDate = #12/09/2005#]. AS Vax, [SELECT
TRANSACTION.SecTicker, TRANSACTION.TrxBatchNo, Sum(TRANSACTION.TrxQty)
AS NetTrxQty
FROM [TRANSACTION]
GROUP BY TRANSACTION.SecTicker, TRANSACTION.TrxBatchNo
HAVING Sum(TRANSACTION.TrxQty)>0]. AS Trx, [TRANSACTION] AS BuyTrx,
SECURITY AS Sec
WHERE (((Vax.SecTicker)=[Trx].[SecTicker] And
(Vax.SecTicker)=[BuyTrx].[SecTicker] And
(Vax.SecTicker)=[Sec].[SecTicker]) AND
((Trx.TrxBatchNo)=[BuyTrx].[TrxBatchNo]) AND ((BuyTrx.TrxType)="BUY"))
ORDER BY Trx.SecTicker, BuyTrx.TrxDate, Trx.TrxBatchNo;

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Part F

Appendixes

F.1 Appendix A: Table SECURITY

SECURITY
SecTicker
AAPL
CVH
ESRX
MSFT
UNH

SecName
APPLE COMPUTER
COVENTRY HLTH CARE
EXPRESS SCRIPTS CO
MICROSOFT CP
UNITEDHEALTH GROUP

SecExchange
NASDAQ
NYSE
NASDAQ
NASDAQ
NYSE

SecSector SecMktCap
Technology Large Cap
Healthcare Large Cap
Healthcare Large Cap
Technology Large Cap
Healthcare Large Cap

F.2 Appendix B: Table VALUATION

VALUATION
ValDate
01/03/2005
01/03/2005
01/03/2005
01/03/2005
01/03/2005
01/04/2005
01/04/2005
01/04/2005
01/04/2005
01/04/2005
01/05/2005
01/05/2005
01/05/2005
01/05/2005
01/05/2005
01/06/2005
01/06/2005
01/06/2005
01/06/2005
01/06/2005
01/07/2005
01/07/2005
01/07/2005
01/07/2005

SecTicker ValQuote
AAPL
$63.29
CVH
$52.31
ESRX
$76.02
MSFT
$26.74
UNH
$86.62
AAPL
$63.94
CVH
$51.81
ESRX
$75.63
MSFT
$26.84
UNH
$85.73
AAPL
$64.50
CVH
$52.50
ESRX
$76.20
MSFT
$26.78
UNH
$86.03
AAPL
$64.55
CVH
$53.17
ESRX
$76.38
MSFT
$26.75
UNH
$87.93
AAPL
$69.25
CVH
$53.53
ESRX
$76.84
MSFT
$26.67

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VALUATION
ValDate
01/07/2005
01/10/2005
01/10/2005
01/10/2005
01/10/2005
01/10/2005
01/11/2005
01/11/2005
01/11/2005
01/11/2005
01/11/2005
01/12/2005
01/12/2005
01/12/2005
01/12/2005
01/12/2005
01/13/2005
01/13/2005
01/13/2005
01/13/2005
01/13/2005
01/14/2005
01/14/2005
01/14/2005
01/14/2005
01/14/2005
01/18/2005
01/18/2005
01/18/2005
01/18/2005
01/18/2005
01/19/2005
01/19/2005
01/19/2005
01/19/2005
01/19/2005
01/20/2005
01/20/2005
01/20/2005
01/20/2005
01/20/2005

SecTicker ValQuote
UNH
$87.23
AAPL
$68.96
CVH
$54.10
ESRX
$76.94
MSFT
$26.80
UNH
$87.60
AAPL
$64.56
CVH
$53.79
ESRX
$75.97
MSFT
$26.73
UNH
$87.51
AAPL
$65.46
CVH
$54.19
ESRX
$77.96
MSFT
$26.78
UNH
$88.09
AAPL
$69.80
CVH
$53.64
ESRX
$77.70
MSFT
$26.27
UNH
$88.40
AAPL
$70.20
CVH
$53.75
ESRX
$77.33
MSFT
$26.12
UNH
$89.56
AAPL
$70.65
CVH
$53.95
ESRX
$77.54
MSFT
$26.32
UNH
$88.80
AAPL
$69.88
CVH
$53.70
ESRX
$76.48
MSFT
$25.98
UNH
$88.28
AAPL
$70.46
CVH
$54.09
ESRX
$75.64
MSFT
$25.86
UNH
$86.63

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VALUATION
ValDate
01/21/2005
01/21/2005
01/21/2005
01/21/2005
01/21/2005
01/24/2005
01/24/2005
01/24/2005
01/24/2005
01/24/2005
01/25/2005
01/25/2005
01/25/2005
01/25/2005
01/25/2005
01/26/2005
01/26/2005
01/26/2005
01/26/2005
01/26/2005
01/27/2005
01/27/2005
01/27/2005
01/27/2005
01/27/2005
01/28/2005
01/28/2005
01/28/2005
01/28/2005
01/28/2005
01/31/2005
01/31/2005
01/31/2005
01/31/2005
01/31/2005
02/01/2005
02/01/2005
02/01/2005
02/01/2005
02/01/2005
02/02/2005

SecTicker ValQuote
AAPL
$70.49
CVH
$53.95
ESRX
$73.85
MSFT
$25.65
UNH
$88.85
AAPL
$70.76
CVH
$52.68
ESRX
$74.05
MSFT
$25.67
UNH
$88.25
AAPL
$72.05
CVH
$53.70
ESRX
$73.23
MSFT
$26.02
UNH
$87.75
AAPL
$72.25
CVH
$53.73
ESRX
$74.30
MSFT
$26.01
UNH
$87.80
AAPL
$72.64
CVH
$54.89
ESRX
$74.63
MSFT
$26.11
UNH
$88.46
AAPL
$73.98
CVH
$54.75
ESRX
$73.58
MSFT
$26.18
UNH
$88.15
AAPL
$76.90
CVH
$56.90
ESRX
$74.19
MSFT
$26.28
UNH
$88.90
AAPL
$77.53
CVH
$58.33
ESRX
$75.96
MSFT
$26.39
UNH
$90.68
AAPL
$79.63

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VALUATION
ValDate
02/02/2005
02/02/2005
02/02/2005
02/02/2005
02/03/2005
02/03/2005
02/03/2005
02/03/2005
02/03/2005
02/04/2005
02/04/2005
02/04/2005
02/04/2005
02/04/2005
02/07/2005
02/07/2005
02/07/2005
02/07/2005
02/07/2005
02/08/2005
02/08/2005
02/08/2005
02/08/2005
02/08/2005
02/09/2005
02/09/2005
02/09/2005
02/09/2005
02/09/2005
02/10/2005
02/10/2005
02/10/2005
02/10/2005
02/10/2005
02/11/2005
02/11/2005
02/11/2005
02/11/2005
02/11/2005
02/14/2005
02/14/2005

SecTicker ValQuote
CVH
$57.75
ESRX
$76.12
MSFT
$26.46
UNH
$90.00
AAPL
$77.81
CVH
$57.46
ESRX
$75.32
MSFT
$26.18
UNH
$90.56
AAPL
$78.84
CVH
$58.03
ESRX
$76.39
MSFT
$26.32
UNH
$91.77
AAPL
$78.94
CVH
$57.08
ESRX
$75.72
MSFT
$26.16
UNH
$88.93
AAPL
$80.90
CVH
$57.89
ESRX
$75.24
MSFT
$26.24
UNH
$88.87
AAPL
$78.74
CVH
$57.91
ESRX
$73.90
MSFT
$26.07
UNH
$87.18
AAPL
$78.36
CVH
$58.66
ESRX
$74.02
MSFT
$26.06
UNH
$88.03
AAPL
$81.21
CVH
$59.69
ESRX
$74.58
MSFT
$25.97
UNH
$87.75
AAPL
$84.63
CVH
$59.86

22

ABC Financial Portfolio Manager DB

VALUATION
ValDate
02/14/2005
02/14/2005
02/14/2005
02/15/2005
02/15/2005
02/15/2005
02/15/2005
02/15/2005
02/16/2005
02/16/2005
02/16/2005
02/16/2005
02/16/2005
02/17/2005
02/17/2005
02/17/2005
02/17/2005
02/17/2005
02/18/2005
02/18/2005
02/18/2005
02/18/2005
02/18/2005
02/22/2005
02/22/2005
02/22/2005
02/22/2005
02/22/2005
02/23/2005
02/23/2005
02/23/2005
02/23/2005
02/23/2005
02/24/2005
02/24/2005
02/24/2005
02/24/2005
02/24/2005
02/25/2005
02/25/2005
02/25/2005

SecTicker ValQuote
ESRX
$75.42
MSFT
$26.01
UNH
$88.95
AAPL
$88.41
CVH
$60.12
ESRX
$76.49
MSFT
$25.93
UNH
$90.20
AAPL
$90.13
CVH
$60.37
ESRX
$77.25
MSFT
$25.79
UNH
$89.87
AAPL
$87.81
CVH
$59.75
ESRX
$76.75
MSFT
$25.65
UNH
$89.02
AAPL
$86.81
CVH
$58.81
ESRX
$76.85
MSFT
$25.48
UNH
$89.05
AAPL
$85.29
CVH
$60.01
ESRX
$74.37
MSFT
$25.23
UNH
$86.90
AAPL
$88.23
CVH
$63.01
ESRX
$75.74
MSFT
$25.20
UNH
$88.35
AAPL
$88.93
CVH
$62.82
ESRX
$77.12
MSFT
$25.37
UNH
$89.30
AAPL
$88.99
CVH
$63.22
ESRX
$76.73

23

ABC Financial Portfolio Manager DB

VALUATION
ValDate
02/25/2005
02/25/2005
02/28/2005
02/28/2005
02/28/2005
02/28/2005
02/28/2005
03/01/2005
03/01/2005
03/01/2005
03/01/2005
03/01/2005
03/02/2005
03/02/2005
03/02/2005
03/02/2005
03/02/2005
03/03/2005
03/03/2005
03/03/2005
03/03/2005
03/03/2005
03/04/2005
03/04/2005
03/04/2005
03/04/2005
03/04/2005
03/07/2005
03/07/2005
03/07/2005
03/07/2005
03/07/2005
03/08/2005
03/08/2005
03/08/2005
03/08/2005
03/08/2005
03/09/2005
03/09/2005
03/09/2005
03/09/2005

SecTicker ValQuote
MSFT
$25.25
UNH
$91.39
AAPL
$44.86
CVH
$63.10
ESRX
$75.29
MSFT
$25.16
UNH
$91.16
AAPL
$44.50
CVH
$63.82
ESRX
$77.28
MSFT
$25.28
UNH
$90.82
AAPL
$44.12
CVH
$63.73
ESRX
$77.21
MSFT
$25.26
UNH
$91.45
AAPL
$41.79
CVH
$63.58
ESRX
$84.50
MSFT
$25.17
UNH
$91.64
AAPL
$42.81
CVH
$64.70
ESRX
$84.82
MSFT
$25.17
UNH
$93.29
AAPL
$42.75
CVH
$64.04
ESRX
$86.59
MSFT
$25.47
UNH
$91.20
AAPL
$40.53
CVH
$64.47
ESRX
$85.80
MSFT
$25.40
UNH
$90.35
AAPL
$39.35
CVH
$64.10
ESRX
$85.27
MSFT
$25.31

24

ABC Financial Portfolio Manager DB

VALUATION
ValDate
03/09/2005
03/10/2005
03/10/2005
03/10/2005
03/10/2005
03/10/2005
03/11/2005
03/11/2005
03/11/2005
03/11/2005
03/11/2005
03/14/2005
03/14/2005
03/14/2005
03/14/2005
03/14/2005
03/15/2005
03/15/2005
03/15/2005
03/15/2005
03/15/2005
03/16/2005
03/16/2005
03/16/2005
03/16/2005
03/16/2005
03/17/2005
03/17/2005
03/17/2005
03/17/2005
03/17/2005
03/18/2005
03/18/2005
03/18/2005
03/18/2005
03/18/2005
03/21/2005
03/21/2005
03/21/2005
03/21/2005
03/21/2005

SecTicker ValQuote
UNH
$90.25
AAPL
$39.83
CVH
$64.73
ESRX
$86.27
MSFT
$25.43
UNH
$91.42
AAPL
$40.27
CVH
$64.81
ESRX
$85.85
MSFT
$25.09
UNH
$90.28
AAPL
$40.32
CVH
$65.36
ESRX
$84.91
MSFT
$25.11
UNH
$90.47
AAPL
$40.96
CVH
$66.01
ESRX
$83.78
MSFT
$24.91
UNH
$90.08
AAPL
$41.18
CVH
$64.04
ESRX
$82.70
MSFT
$24.63
UNH
$89.74
AAPL
$42.25
CVH
$64.05
ESRX
$82.12
MSFT
$24.54
UNH
$91.10
AAPL
$42.96
CVH
$63.86
ESRX
$82.55
MSFT
$24.31
UNH
$91.25
AAPL
$43.70
CVH
$64.55
ESRX
$83.22
MSFT
$24.20
UNH
$91.63

25

ABC Financial Portfolio Manager DB

VALUATION
ValDate
03/22/2005
03/22/2005
03/22/2005
03/22/2005
03/22/2005
03/23/2005
03/23/2005
03/23/2005
03/23/2005
03/23/2005
03/24/2005
03/24/2005
03/24/2005
03/24/2005
03/24/2005
03/28/2005
03/28/2005
03/28/2005
03/28/2005
03/28/2005
03/29/2005
03/29/2005
03/29/2005
03/29/2005
03/29/2005
03/30/2005
03/30/2005
03/30/2005
03/30/2005
03/30/2005
03/31/2005
03/31/2005
03/31/2005
03/31/2005
03/31/2005
04/01/2005
04/01/2005
04/01/2005
04/01/2005
04/01/2005
04/04/2005

SecTicker ValQuote
AAPL
$42.83
CVH
$64.64
ESRX
$84.91
MSFT
$23.99
UNH
$92.05
AAPL
$42.55
CVH
$64.58
ESRX
$84.25
MSFT
$24.18
UNH
$92.38
AAPL
$42.50
CVH
$65.60
ESRX
$83.31
MSFT
$24.28
UNH
$92.85
AAPL
$42.53
CVH
$65.95
ESRX
$83.92
MSFT
$24.20
UNH
$93.12
AAPL
$41.75
CVH
$66.61
ESRX
$84.77
MSFT
$23.92
UNH
$93.10
AAPL
$42.80
CVH
$68.18
ESRX
$87.67
MSFT
$24.16
UNH
$95.71
AAPL
$41.67
CVH
$68.14
ESRX
$87.19
MSFT
$24.17
UNH
$95.38
AAPL
$40.89
CVH
$67.89
ESRX
$85.42
MSFT
$24.12
UNH
$95.83
AAPL
$41.09

26

ABC Financial Portfolio Manager DB

VALUATION
ValDate
04/04/2005
04/04/2005
04/04/2005
04/04/2005
04/05/2005
04/05/2005
04/05/2005
04/05/2005
04/05/2005
04/06/2005
04/06/2005
04/06/2005
04/06/2005
04/06/2005
04/07/2005
04/07/2005
04/07/2005
04/07/2005
04/07/2005
04/08/2005
04/08/2005
04/08/2005
04/08/2005
04/08/2005
04/11/2005
04/11/2005
04/11/2005
04/11/2005
04/11/2005
04/12/2005
04/12/2005
04/12/2005
04/12/2005
04/12/2005
04/13/2005
04/13/2005
04/13/2005
04/13/2005
04/13/2005
04/14/2005
04/14/2005

SecTicker ValQuote
CVH
$70.96
ESRX
$85.60
MSFT
$24.23
UNH
$96.50
AAPL
$41.89
CVH
$71.27
ESRX
$86.99
MSFT
$24.47
UNH
$97.93
AAPL
$42.33
CVH
$71.52
ESRX
$86.90
MSFT
$24.67
UNH
$98.04
AAPL
$43.56
CVH
$72.20
ESRX
$87.82
MSFT
$25.10
UNH
$99.08
AAPL
$43.74
CVH
$70.05
ESRX
$85.95
MSFT
$24.94
UNH
$98.40
AAPL
$41.92
CVH
$70.10
ESRX
$85.60
MSFT
$24.97
UNH
$97.21
AAPL
$42.66
CVH
$69.37
ESRX
$86.27
MSFT
$25.32
UNH
$97.20
AAPL
$41.04
CVH
$68.94
ESRX
$85.44
MSFT
$25.04
UNH
$95.96
AAPL
$37.26
CVH
$66.40

27

ABC Financial Portfolio Manager DB

VALUATION
ValDate
04/14/2005
04/14/2005
04/14/2005
04/15/2005
04/15/2005
04/15/2005
04/15/2005
04/15/2005
04/18/2005
04/18/2005
04/18/2005
04/18/2005
04/18/2005
04/19/2005
04/19/2005
04/19/2005
04/19/2005
04/19/2005
04/20/2005
04/20/2005
04/20/2005
04/20/2005
04/20/2005
04/21/2005
04/21/2005
04/21/2005
04/21/2005
04/21/2005
04/22/2005
04/22/2005
04/22/2005
04/22/2005
04/22/2005
04/25/2005
04/25/2005
04/25/2005
04/25/2005
04/25/2005
04/26/2005
04/26/2005
04/26/2005

SecTicker ValQuote
ESRX
$84.70
MSFT
$24.84
UNH
$93.91
AAPL
$35.35
CVH
$67.00
ESRX
$85.27
MSFT
$24.46
UNH
$93.27
AAPL
$35.62
CVH
$65.52
ESRX
$85.40
MSFT
$24.65
UNH
$91.17
AAPL
$37.09
CVH
$66.70
ESRX
$87.56
MSFT
$24.63
UNH
$93.20
AAPL
$35.51
CVH
$65.30
ESRX
$85.23
MSFT
$24.32
UNH
$92.15
AAPL
$37.18
CVH
$66.03
ESRX
$90.44
MSFT
$25.28
UNH
$92.43
AAPL
$35.50
CVH
$66.78
ESRX
$88.20
MSFT
$24.98
UNH
$91.26
AAPL
$36.98
CVH
$68.38
ESRX
$87.43
MSFT
$24.99
UNH
$90.75
AAPL
$36.19
CVH
$67.58
ESRX
$85.02

28

ABC Financial Portfolio Manager DB

VALUATION
ValDate
04/26/2005
04/26/2005
04/27/2005
04/27/2005
04/27/2005
04/27/2005
04/27/2005
04/28/2005
04/28/2005
04/28/2005
04/28/2005
04/28/2005
04/29/2005
04/29/2005
04/29/2005
04/29/2005
04/29/2005
05/02/2005
05/02/2005
05/02/2005
05/02/2005
05/02/2005
05/03/2005
05/03/2005
05/03/2005
05/03/2005
05/03/2005
05/04/2005
05/04/2005
05/04/2005
05/04/2005
05/04/2005
05/05/2005
05/05/2005
05/05/2005
05/05/2005
05/05/2005
05/06/2005
05/06/2005
05/06/2005
05/06/2005

SecTicker ValQuote
MSFT
$24.76
UNH
$90.06
AAPL
$35.95
CVH
$68.71
ESRX
$89.70
MSFT
$24.99
UNH
$92.69
AAPL
$35.54
CVH
$66.79
ESRX
$88.15
MSFT
$24.45
UNH
$92.49
AAPL
$36.06
CVH
$68.43
ESRX
$89.64
MSFT
$25.30
UNH
$94.51
AAPL
$36.43
CVH
$69.84
ESRX
$90.00
MSFT
$25.23
UNH
$94.68
AAPL
$36.21
CVH
$68.25
ESRX
$88.86
MSFT
$25.36
UNH
$96.71
AAPL
$37.15
CVH
$68.22
ESRX
$90.78
MSFT
$25.21
UNH
$97.30
AAPL
$36.68
CVH
$68.59
ESRX
$91.29
MSFT
$25.23
UNH
$97.20
AAPL
$37.24
CVH
$69.52
ESRX
$91.91
MSFT
$25.22

29

ABC Financial Portfolio Manager DB

VALUATION
ValDate
05/06/2005
05/09/2005
05/09/2005
05/09/2005
05/09/2005
05/09/2005
05/10/2005
05/10/2005
05/10/2005
05/10/2005
05/10/2005
05/11/2005
05/11/2005
05/11/2005
05/11/2005
05/11/2005
05/12/2005
05/12/2005
05/12/2005
05/12/2005
05/12/2005
05/13/2005
05/13/2005
05/13/2005
05/13/2005
05/13/2005
05/16/2005
05/16/2005
05/16/2005
05/16/2005
05/16/2005
05/17/2005
05/17/2005
05/17/2005
05/17/2005
05/17/2005
05/18/2005
05/18/2005
05/18/2005
05/18/2005
05/18/2005

SecTicker ValQuote
UNH
$98.41
AAPL
$36.97
CVH
$69.61
ESRX
$92.97
MSFT
$25.11
UNH
$98.59
AAPL
$36.42
CVH
$68.73
ESRX
$93.82
MSFT
$24.90
UNH
$97.86
AAPL
$35.61
CVH
$68.20
ESRX
$94.18
MSFT
$24.91
UNH
$98.00
AAPL
$34.13
CVH
$66.72
ESRX
$93.39
MSFT
$25.00
UNH
$98.04
AAPL
$34.77
CVH
$64.21
ESRX
$92.08
MSFT
$25.30
UNH
$95.37
AAPL
$35.55
CVH
$66.37
ESRX
$93.97
MSFT
$25.49
UNH
$96.85
AAPL
$35.36
CVH
$66.90
ESRX
$94.46
MSFT
$25.46
UNH
$97.37
AAPL
$35.84
CVH
$67.45
ESRX
$93.93
MSFT
$25.70
UNH
$95.80

30

ABC Financial Portfolio Manager DB

VALUATION
ValDate
05/19/2005
05/19/2005
05/19/2005
05/19/2005
05/19/2005
05/20/2005
05/20/2005
05/20/2005
05/20/2005
05/20/2005
05/23/2005
05/23/2005
05/23/2005
05/23/2005
05/23/2005
05/24/2005
05/24/2005
05/24/2005
05/24/2005
05/24/2005
05/25/2005
05/25/2005
05/25/2005
05/25/2005
05/25/2005
05/26/2005
05/26/2005
05/26/2005
05/26/2005
05/26/2005
05/27/2005
05/27/2005
05/27/2005
05/27/2005
05/27/2005
05/31/2005
05/31/2005
05/31/2005
05/31/2005
05/31/2005
06/01/2005

SecTicker ValQuote
AAPL
$37.55
CVH
$67.70
ESRX
$94.49
MSFT
$25.92
UNH
$96.60
AAPL
$37.55
CVH
$68.13
ESRX
$93.68
MSFT
$25.74
UNH
$96.50
AAPL
$39.76
CVH
$68.76
ESRX
$93.70
MSFT
$25.85
UNH
$97.41
AAPL
$39.70
CVH
$68.11
ESRX
$94.28
MSFT
$25.75
UNH
$97.31
AAPL
$39.78
CVH
$67.15
ESRX
$94.74
MSFT
$25.71
UNH
$96.68
AAPL
$40.74
CVH
$67.82
ESRX
$93.89
MSFT
$25.90
UNH
$97.14
AAPL
$40.56
CVH
$68.86
ESRX
$92.84
MSFT
$26.07
UNH
$97.77
AAPL
$39.76
CVH
$69.62
ESRX
$92.39
MSFT
$25.80
UNH
$48.58
AAPL
$40.30

31

ABC Financial Portfolio Manager DB

VALUATION
ValDate
06/01/2005
06/01/2005
06/01/2005
06/01/2005
06/02/2005
06/02/2005
06/02/2005
06/02/2005
06/02/2005
06/03/2005
06/03/2005
06/03/2005
06/03/2005
06/03/2005
06/06/2005
06/06/2005
06/06/2005
06/06/2005
06/06/2005
06/07/2005
06/07/2005
06/07/2005
06/07/2005
06/07/2005
06/08/2005
06/08/2005
06/08/2005
06/08/2005
06/08/2005
06/09/2005
06/09/2005
06/09/2005
06/09/2005
06/09/2005
06/10/2005
06/10/2005
06/10/2005
06/10/2005
06/10/2005
06/13/2005
06/13/2005

SecTicker ValQuote
CVH
$69.90
ESRX
$91.57
MSFT
$25.81
UNH
$49.23
AAPL
$40.04
CVH
$68.25
ESRX
$93.24
MSFT
$25.79
UNH
$50.38
AAPL
$38.24
CVH
$68.85
ESRX
$93.88
MSFT
$25.43
UNH
$50.60
AAPL
$37.92
CVH
$68.91
ESRX
$95.36
MSFT
$25.37
UNH
$50.99
AAPL
$36.54
CVH
$70.16
ESRX
$96.85
MSFT
$25.51
UNH
$51.71
AAPL
$36.92
CVH
$69.96
ESRX
$95.94
MSFT
$25.40
UNH
$51.18
AAPL
$37.65
CVH
$70.56
ESRX
$96.73
MSFT
$25.51
UNH
$51.75
AAPL
$35.81
CVH
$70.33
ESRX
$94.17
MSFT
$25.43
UNH
$50.79
AAPL
$35.90
CVH
$71.70

32

ABC Financial Portfolio Manager DB

VALUATION
ValDate
06/13/2005
06/13/2005
06/13/2005
06/14/2005
06/14/2005
06/14/2005
06/14/2005
06/14/2005
06/15/2005
06/15/2005
06/15/2005
06/15/2005
06/15/2005
06/16/2005
06/16/2005
06/16/2005
06/16/2005
06/16/2005
06/17/2005
06/17/2005
06/17/2005
06/17/2005
06/17/2005
06/20/2005
06/20/2005
06/20/2005
06/20/2005
06/20/2005
06/21/2005
06/21/2005
06/21/2005
06/21/2005
06/21/2005
06/22/2005
06/22/2005
06/22/2005
06/22/2005
06/22/2005
06/23/2005
06/23/2005
06/23/2005

SecTicker ValQuote
ESRX
$97.23
MSFT
$25.31
UNH
$51.19
AAPL
$36.00
CVH
$71.88
ESRX
$99.06
MSFT
$25.36
UNH
$51.66
AAPL
$37.13
CVH
$70.67
ESRX
$100.10
MSFT
$25.26
UNH
$51.57
AAPL
$37.98
CVH
$70.48
ESRX
$101.77
MSFT
$25.04
UNH
$51.54
AAPL
$38.31
CVH
$71.14
ESRX
$104.50
MSFT
$25.04
UNH
$51.85
AAPL
$37.61
CVH
$71.85
ESRX
$103.56
MSFT
$25.11
UNH
$51.59
AAPL
$37.86
CVH
$71.45
ESRX
$102.70
MSFT
$25.15
UNH
$51.87
AAPL
$38.55
CVH
$70.85
ESRX
$103.24
MSFT
$25.07
UNH
$51.37
AAPL
$38.89
CVH
$69.89
ESRX
$102.39

33

ABC Financial Portfolio Manager DB

VALUATION
ValDate
06/23/2005
06/23/2005
06/24/2005
06/24/2005
06/24/2005
06/24/2005
06/24/2005
06/27/2005
06/27/2005
06/27/2005
06/27/2005
06/27/2005
06/28/2005
06/28/2005
06/28/2005
06/28/2005
06/28/2005
06/29/2005
06/29/2005
06/29/2005
06/29/2005
06/29/2005
06/30/2005
06/30/2005
06/30/2005
06/30/2005
06/30/2005
07/01/2005
07/01/2005
07/01/2005
07/01/2005
07/01/2005
07/05/2005
07/05/2005
07/05/2005
07/05/2005
07/05/2005
07/06/2005
07/06/2005
07/06/2005
07/06/2005

SecTicker ValQuote
MSFT
$25.31
UNH
$51.70
AAPL
$37.76
CVH
$68.95
ESRX
$101.20
MSFT
$25.04
UNH
$51.30
AAPL
$37.10
CVH
$69.66
ESRX
$50.02
MSFT
$25.05
UNH
$51.32
AAPL
$37.31
CVH
$70.77
ESRX
$50.19
MSFT
$25.07
UNH
$52.69
AAPL
$36.37
CVH
$71.74
ESRX
$50.50
MSFT
$25.09
UNH
$53.14
AAPL
$36.81
CVH
$70.75
ESRX
$49.98
MSFT
$24.84
UNH
$52.14
AAPL
$36.50
CVH
$70.60
ESRX
$49.87
MSFT
$24.71
UNH
$52.81
AAPL
$37.98
CVH
$72.84
ESRX
$51.27
MSFT
$24.98
UNH
$53.23
AAPL
$37.39
CVH
$73.33
ESRX
$49.90
MSFT
$24.70

34

ABC Financial Portfolio Manager DB

VALUATION
ValDate
07/06/2005
07/07/2005
07/07/2005
07/07/2005
07/07/2005
07/07/2005
07/08/2005
07/08/2005
07/08/2005
07/08/2005
07/08/2005
07/11/2005
07/11/2005
07/11/2005
07/11/2005
07/11/2005
07/12/2005
07/12/2005
07/12/2005
07/12/2005
07/12/2005
07/13/2005
07/13/2005
07/13/2005
07/13/2005
07/13/2005
07/14/2005
07/14/2005
07/14/2005
07/14/2005
07/14/2005
07/15/2005
07/15/2005
07/15/2005
07/15/2005
07/15/2005
07/18/2005
07/18/2005
07/18/2005
07/18/2005
07/18/2005

SecTicker ValQuote
UNH
$53.50
AAPL
$37.63
CVH
$74.86
ESRX
$50.17
MSFT
$24.65
UNH
$53.49
AAPL
$38.25
CVH
$73.94
ESRX
$49.40
MSFT
$25.09
UNH
$53.05
AAPL
$38.10
CVH
$73.37
ESRX
$49.15
MSFT
$25.29
UNH
$52.43
AAPL
$38.24
CVH
$73.00
ESRX
$49.26
MSFT
$25.61
UNH
$51.78
AAPL
$38.35
CVH
$71.69
ESRX
$49.15
MSFT
$25.66
UNH
$51.40
AAPL
$40.75
CVH
$70.84
ESRX
$49.27
MSFT
$25.97
UNH
$50.25
AAPL
$41.55
CVH
$71.41
ESRX
$49.30
MSFT
$25.79
UNH
$50.82
AAPL
$41.49
CVH
$72.11
ESRX
$48.84
MSFT
$25.55
UNH
$50.81

35

ABC Financial Portfolio Manager DB

VALUATION
ValDate
07/19/2005
07/19/2005
07/19/2005
07/19/2005
07/19/2005
07/20/2005
07/20/2005
07/20/2005
07/20/2005
07/20/2005
07/21/2005
07/21/2005
07/21/2005
07/21/2005
07/21/2005
07/22/2005
07/22/2005
07/22/2005
07/22/2005
07/22/2005
07/25/2005
07/25/2005
07/25/2005
07/25/2005
07/25/2005
07/26/2005
07/26/2005
07/26/2005
07/26/2005
07/26/2005
07/27/2005
07/27/2005
07/27/2005
07/27/2005
07/27/2005
07/28/2005
07/28/2005
07/28/2005
07/28/2005
07/28/2005
07/29/2005

SecTicker ValQuote
AAPL
$43.19
CVH
$71.55
ESRX
$48.84
MSFT
$26.16
UNH
$50.58
AAPL
$43.63
CVH
$70.49
ESRX
$48.88
MSFT
$26.19
UNH
$49.75
AAPL
$43.29
CVH
$68.32
ESRX
$47.98
MSFT
$26.44
UNH
$49.16
AAPL
$44.00
CVH
$68.90
ESRX
$48.39
MSFT
$25.68
UNH
$50.80
AAPL
$43.81
CVH
$69.05
ESRX
$48.52
MSFT
$25.69
UNH
$50.80
AAPL
$43.63
CVH
$68.80
ESRX
$48.99
MSFT
$25.54
UNH
$52.00
AAPL
$43.99
CVH
$68.28
ESRX
$48.57
MSFT
$25.72
UNH
$51.42
AAPL
$43.80
CVH
$70.09
ESRX
$52.12
MSFT
$25.75
UNH
$52.92
AAPL
$42.65

36

ABC Financial Portfolio Manager DB

VALUATION
ValDate
07/29/2005
07/29/2005
07/29/2005
07/29/2005
08/01/2005
08/01/2005
08/01/2005
08/01/2005
08/01/2005
08/02/2005
08/02/2005
08/02/2005
08/02/2005
08/02/2005
08/03/2005
08/03/2005
08/03/2005
08/03/2005
08/03/2005
08/04/2005
08/04/2005
08/04/2005
08/04/2005
08/04/2005
08/05/2005
08/05/2005
08/05/2005
08/05/2005
08/05/2005
08/08/2005
08/08/2005
08/08/2005
08/08/2005
08/08/2005
08/09/2005
08/09/2005
08/09/2005
08/09/2005
08/09/2005
08/10/2005
08/10/2005

SecTicker ValQuote
CVH
$70.73
ESRX
$52.30
MSFT
$25.61
UNH
$52.30
AAPL
$42.75
CVH
$72.37
ESRX
$53.43
MSFT
$25.92
UNH
$52.62
AAPL
$43.19
CVH
$75.25
ESRX
$54.51
MSFT
$26.81
UNH
$53.03
AAPL
$43.22
CVH
$75.07
ESRX
$55.05
MSFT
$27.25
UNH
$53.16
AAPL
$42.71
CVH
$75.12
ESRX
$54.90
MSFT
$27.32
UNH
$52.96
AAPL
$42.99
CVH
$74.08
ESRX
$54.51
MSFT
$27.76
UNH
$52.06
AAPL
$42.65
CVH
$74.15
ESRX
$54.95
MSFT
$27.13
UNH
$51.18
AAPL
$43.82
CVH
$75.08
ESRX
$55.54
MSFT
$27.35
UNH
$51.78
AAPL
$43.38
CVH
$75.15

37

ABC Financial Portfolio Manager DB

VALUATION
ValDate
08/10/2005
08/10/2005
08/10/2005
08/11/2005
08/11/2005
08/11/2005
08/11/2005
08/11/2005
08/12/2005
08/12/2005
08/12/2005
08/12/2005
08/12/2005
08/15/2005
08/15/2005
08/15/2005
08/15/2005
08/15/2005
08/16/2005
08/16/2005
08/16/2005
08/16/2005
08/16/2005
08/17/2005
08/17/2005
08/17/2005
08/17/2005
08/17/2005
08/18/2005
08/18/2005
08/18/2005
08/18/2005
08/18/2005
08/19/2005
08/19/2005
08/19/2005
08/19/2005
08/19/2005
08/22/2005
08/22/2005
08/22/2005

SecTicker ValQuote
ESRX
$54.57
MSFT
$26.95
UNH
$51.61
AAPL
$44.00
CVH
$75.12
ESRX
$54.60
MSFT
$27.27
UNH
$52.37
AAPL
$46.10
CVH
$75.68
ESRX
$54.75
MSFT
$27.05
UNH
$52.09
AAPL
$47.68
CVH
$75.37
ESRX
$54.85
MSFT
$27.13
UNH
$51.98
AAPL
$46.25
CVH
$75.01
ESRX
$55.50
MSFT
$26.74
UNH
$51.10
AAPL
$47.15
CVH
$74.75
ESRX
$55.89
MSFT
$26.95
UNH
$51.26
AAPL
$46.30
CVH
$75.06
ESRX
$56.01
MSFT
$26.82
UNH
$51.30
AAPL
$45.83
CVH
$75.18
ESRX
$56.70
MSFT
$26.72
UNH
$51.18
AAPL
$45.87
CVH
$75.68
ESRX
$57.00

38

ABC Financial Portfolio Manager DB

VALUATION
ValDate
08/22/2005
08/22/2005
08/23/2005
08/23/2005
08/23/2005
08/23/2005
08/23/2005
08/24/2005
08/24/2005
08/24/2005
08/24/2005
08/24/2005
08/25/2005
08/25/2005
08/25/2005
08/25/2005
08/25/2005
08/26/2005
08/26/2005
08/26/2005
08/26/2005
08/26/2005
08/29/2005
08/29/2005
08/29/2005
08/29/2005
08/29/2005
08/30/2005
08/30/2005
08/30/2005
08/30/2005
08/30/2005
08/31/2005
08/31/2005
08/31/2005
08/31/2005
08/31/2005
09/01/2005
09/01/2005
09/01/2005
09/01/2005

SecTicker ValQuote
MSFT
$26.91
UNH
$51.36
AAPL
$45.74
CVH
$76.08
ESRX
$56.62
MSFT
$26.87
UNH
$51.06
AAPL
$45.77
CVH
$75.91
ESRX
$57.06
MSFT
$26.81
UNH
$50.63
AAPL
$46.06
CVH
$76.01
ESRX
$57.49
MSFT
$27.03
UNH
$50.64
AAPL
$45.74
CVH
$75.29
ESRX
$57.71
MSFT
$26.97
UNH
$50.45
AAPL
$45.84
CVH
$78.66
ESRX
$57.59
MSFT
$27.15
UNH
$50.80
AAPL
$46.57
CVH
$78.62
ESRX
$57.19
MSFT
$27.18
UNH
$50.48
AAPL
$46.89
CVH
$80.00
ESRX
$57.86
MSFT
$27.38
UNH
$51.50
AAPL
$46.26
CVH
$79.67
ESRX
$57.07
MSFT
$27.20

39

ABC Financial Portfolio Manager DB

VALUATION
ValDate
09/01/2005
09/02/2005
09/02/2005
09/02/2005
09/02/2005
09/02/2005
09/06/2005
09/06/2005
09/06/2005
09/06/2005
09/06/2005
09/07/2005
09/07/2005
09/07/2005
09/07/2005
09/07/2005
09/08/2005
09/08/2005
09/08/2005
09/08/2005
09/08/2005
09/09/2005
09/09/2005
09/09/2005
09/09/2005
09/09/2005
09/12/2005
09/12/2005
09/12/2005
09/12/2005
09/12/2005
09/13/2005
09/13/2005
09/13/2005
09/13/2005
09/13/2005
09/14/2005
09/14/2005
09/14/2005
09/14/2005
09/14/2005

SecTicker ValQuote
UNH
$52.05
AAPL
$46.22
CVH
$79.90
ESRX
$56.98
MSFT
$27.02
UNH
$52.53
AAPL
$48.80
CVH
$81.48
ESRX
$59.09
MSFT
$27.00
UNH
$53.19
AAPL
$48.68
CVH
$82.78
ESRX
$59.46
MSFT
$26.85
UNH
$53.45
AAPL
$49.78
CVH
$82.71
ESRX
$59.76
MSFT
$26.61
UNH
$53.83
AAPL
$51.31
CVH
$84.30
ESRX
$60.37
MSFT
$26.58
UNH
$54.51
AAPL
$51.40
CVH
$82.98
ESRX
$60.54
MSFT
$26.61
UNH
$54.27
AAPL
$50.82
CVH
$80.70
ESRX
$60.30
MSFT
$26.48
UNH
$53.03
AAPL
$49.61
CVH
$81.28
ESRX
$60.30
MSFT
$26.31
UNH
$52.94

40

ABC Financial Portfolio Manager DB

VALUATION
ValDate
09/15/2005
09/15/2005
09/15/2005
09/15/2005
09/15/2005
09/16/2005
09/16/2005
09/16/2005
09/16/2005
09/16/2005
09/19/2005
09/19/2005
09/19/2005
09/19/2005
09/19/2005
09/20/2005
09/20/2005
09/20/2005
09/20/2005
09/20/2005
09/21/2005
09/21/2005
09/21/2005
09/21/2005
09/21/2005
09/22/2005
09/22/2005
09/22/2005
09/22/2005
09/22/2005
09/23/2005
09/23/2005
09/23/2005
09/23/2005
09/23/2005
09/26/2005
09/26/2005
09/26/2005
09/26/2005
09/26/2005
09/27/2005

SecTicker ValQuote
AAPL
$49.87
CVH
$81.72
ESRX
$61.75
MSFT
$26.27
UNH
$53.40
AAPL
$51.21
CVH
$84.81
ESRX
$61.74
MSFT
$26.07
UNH
$54.05
AAPL
$52.64
CVH
$84.67
ESRX
$60.71
MSFT
$26.00
UNH
$53.50
AAPL
$53.19
CVH
$83.57
ESRX
$60.34
MSFT
$25.84
UNH
$52.62
AAPL
$52.11
CVH
$82.98
ESRX
$61.41
MSFT
$25.49
UNH
$52.59
AAPL
$51.90
CVH
$82.96
ESRX
$59.11
MSFT
$25.34
UNH
$53.63
AAPL
$53.20
CVH
$83.88
ESRX
$59.67
MSFT
$25.27
UNH
$55.00
AAPL
$53.84
CVH
$84.64
ESRX
$59.68
MSFT
$25.27
UNH
$55.40
AAPL
$53.44

41

ABC Financial Portfolio Manager DB

VALUATION
ValDate
09/27/2005
09/27/2005
09/27/2005
09/27/2005
09/28/2005
09/28/2005
09/28/2005
09/28/2005
09/28/2005
09/29/2005
09/29/2005
09/29/2005
09/29/2005
09/29/2005
09/30/2005
09/30/2005
09/30/2005
09/30/2005
09/30/2005
10/03/2005
10/03/2005
10/03/2005
10/03/2005
10/03/2005
10/04/2005
10/04/2005
10/04/2005
10/04/2005
10/04/2005
10/05/2005
10/05/2005
10/05/2005
10/05/2005
10/05/2005
10/06/2005
10/06/2005
10/06/2005
10/06/2005
10/06/2005
10/07/2005
10/07/2005

SecTicker ValQuote
CVH
$85.19
ESRX
$60.00
MSFT
$25.34
UNH
$55.26
AAPL
$51.08
CVH
$84.21
ESRX
$60.88
MSFT
$25.67
UNH
$55.34
AAPL
$52.34
CVH
$84.48
ESRX
$61.72
MSFT
$25.94
UNH
$55.72
AAPL
$53.61
CVH
$86.02
ESRX
$62.20
MSFT
$25.73
UNH
$56.20
AAPL
$54.44
CVH
$86.08
ESRX
$63.04
MSFT
$25.50
UNH
$56.78
AAPL
$53.75
CVH
$86.50
ESRX
$64.27
MSFT
$24.98
UNH
$57.06
AAPL
$52.78
CVH
$85.18
ESRX
$63.30
MSFT
$24.67
UNH
$56.45
AAPL
$51.70
CVH
$84.33
ESRX
$61.79
MSFT
$24.73
UNH
$56.41
AAPL
$51.30
CVH
$86.19

42

ABC Financial Portfolio Manager DB

VALUATION
ValDate
10/07/2005
10/07/2005
10/07/2005
10/10/2005
10/10/2005
10/10/2005
10/10/2005
10/10/2005
10/11/2005
10/11/2005
10/11/2005
10/11/2005
10/11/2005
10/12/2005
10/12/2005
10/12/2005
10/12/2005
10/12/2005
10/13/2005
10/13/2005
10/13/2005
10/13/2005
10/13/2005
10/14/2005
10/14/2005
10/14/2005
10/14/2005
10/14/2005
10/17/2005
10/17/2005
10/17/2005
10/17/2005
10/17/2005
10/18/2005
10/18/2005
10/18/2005
10/18/2005
10/18/2005
10/19/2005
10/19/2005
10/19/2005

SecTicker ValQuote
ESRX
$62.29
MSFT
$24.59
UNH
$56.37
AAPL
$50.37
CVH
$85.90
ESRX
$61.06
MSFT
$24.46
UNH
$55.88
AAPL
$51.59
CVH
$85.50
ESRX
$61.32
MSFT
$24.41
UNH
$55.18
AAPL
$49.25
CVH
$85.75
ESRX
$59.86
MSFT
$24.30
UNH
$55.03
AAPL
$53.74
CVH
$84.72
ESRX
$60.15
MSFT
$24.59
UNH
$54.20
AAPL
$54.00
CVH
$86.32
ESRX
$61.16
MSFT
$24.67
UNH
$56.43
AAPL
$53.44
CVH
$87.41
ESRX
$62.74
MSFT
$24.53
UNH
$56.44
AAPL
$52.21
CVH
$57.81
ESRX
$63.43
MSFT
$24.57
UNH
$56.51
AAPL
$54.94
CVH
$59.40
ESRX
$63.92

43

ABC Financial Portfolio Manager DB

VALUATION
ValDate
10/19/2005
10/19/2005
10/20/2005
10/20/2005
10/20/2005
10/20/2005
10/20/2005
10/21/2005
10/21/2005
10/21/2005
10/21/2005
10/21/2005
10/24/2005
10/24/2005
10/24/2005
10/24/2005
10/24/2005
10/25/2005
10/25/2005
10/25/2005
10/25/2005
10/25/2005
10/26/2005
10/26/2005
10/26/2005
10/26/2005
10/26/2005
10/27/2005
10/27/2005
10/27/2005
10/27/2005
10/27/2005
10/28/2005
10/28/2005
10/28/2005
10/28/2005
10/28/2005
10/31/2005
10/31/2005
10/31/2005
10/31/2005

SecTicker ValQuote
MSFT
$25.09
UNH
$58.20
AAPL
$56.14
CVH
$58.74
ESRX
$63.44
MSFT
$24.79
UNH
$57.11
AAPL
$55.66
CVH
$58.89
ESRX
$63.74
MSFT
$24.78
UNH
$57.14
AAPL
$56.79
CVH
$60.16
ESRX
$63.65
MSFT
$25.10
UNH
$57.19
AAPL
$56.10
CVH
$52.59
ESRX
$62.88
MSFT
$25.03
UNH
$55.94
AAPL
$57.03
CVH
$51.15
ESRX
$62.07
MSFT
$25.11
UNH
$53.98
AAPL
$55.41
CVH
$50.00
ESRX
$72.42
MSFT
$24.85
UNH
$54.61
AAPL
$54.47
CVH
$52.88
ESRX
$74.29
MSFT
$25.53
UNH
$56.73
AAPL
$57.59
CVH
$53.99
ESRX
$75.41
MSFT
$25.70

44

ABC Financial Portfolio Manager DB

VALUATION
ValDate
10/31/2005
11/01/2005
11/01/2005
11/01/2005
11/01/2005
11/01/2005
11/02/2005
11/02/2005
11/02/2005
11/02/2005
11/02/2005
11/03/2005
11/03/2005
11/03/2005
11/03/2005
11/03/2005
11/04/2005
11/04/2005
11/04/2005
11/04/2005
11/04/2005
11/07/2005
11/07/2005
11/07/2005
11/07/2005
11/07/2005
11/08/2005
11/08/2005
11/08/2005
11/08/2005
11/08/2005
11/09/2005
11/09/2005
11/09/2005
11/09/2005
11/09/2005
11/10/2005
11/10/2005
11/10/2005
11/10/2005
11/10/2005

SecTicker ValQuote
UNH
$57.89
AAPL
$57.50
CVH
$53.07
ESRX
$75.05
MSFT
$25.96
UNH
$59.00
AAPL
$59.95
CVH
$52.17
ESRX
$78.15
MSFT
$26.46
UNH
$59.57
AAPL
$61.85
CVH
$52.19
ESRX
$78.01
MSFT
$26.44
UNH
$57.67
AAPL
$61.15
CVH
$52.44
ESRX
$79.31
MSFT
$26.66
UNH
$58.02
AAPL
$60.23
CVH
$53.00
ESRX
$79.36
MSFT
$27.01
UNH
$58.50
AAPL
$59.90
CVH
$52.66
ESRX
$78.99
MSFT
$27.05
UNH
$58.07
AAPL
$60.11
CVH
$53.09
ESRX
$76.38
MSFT
$26.96
UNH
$57.36
AAPL
$61.18
CVH
$54.45
ESRX
$78.06
MSFT
$27.09
UNH
$59.29

45

ABC Financial Portfolio Manager DB

VALUATION
ValDate
11/11/2005
11/11/2005
11/11/2005
11/11/2005
11/11/2005
11/14/2005
11/14/2005
11/14/2005
11/14/2005
11/14/2005
11/15/2005
11/15/2005
11/15/2005
11/15/2005
11/15/2005
11/16/2005
11/16/2005
11/16/2005
11/16/2005
11/16/2005
11/17/2005
11/17/2005
11/17/2005
11/17/2005
11/17/2005
11/18/2005
11/18/2005
11/18/2005
11/18/2005
11/18/2005
11/21/2005
11/21/2005
11/21/2005
11/21/2005
11/21/2005
11/22/2005
11/22/2005
11/22/2005
11/22/2005
11/22/2005
11/23/2005

SecTicker ValQuote
AAPL
$61.54
CVH
$54.52
ESRX
$77.76
MSFT
$27.28
UNH
$59.65
AAPL
$61.45
CVH
$54.84
ESRX
$77.28
MSFT
$27.37
UNH
$59.14
AAPL
$62.28
CVH
$55.65
ESRX
$77.50
MSFT
$27.50
UNH
$59.75
AAPL
$64.95
CVH
$55.81
ESRX
$77.08
MSFT
$27.74
UNH
$60.38
AAPL
$64.52
CVH
$56.95
ESRX
$77.71
MSFT
$27.97
UNH
$60.98
AAPL
$64.56
CVH
$57.02
ESRX
$79.45
MSFT
$28.07
UNH
$60.96
AAPL
$64.96
CVH
$58.10
ESRX
$81.80
MSFT
$28.16
UNH
$60.80
AAPL
$66.52
CVH
$58.76
ESRX
$82.79
MSFT
$27.91
UNH
$60.67
AAPL
$67.11

46

ABC Financial Portfolio Manager DB

VALUATION
ValDate
11/23/2005
11/23/2005
11/23/2005
11/23/2005
11/25/2005
11/25/2005
11/25/2005
11/25/2005
11/25/2005
11/28/2005
11/28/2005
11/28/2005
11/28/2005
11/28/2005
11/29/2005
11/29/2005
11/29/2005
11/29/2005
11/29/2005
11/30/2005
11/30/2005
11/30/2005
11/30/2005
11/30/2005
12/01/2005
12/01/2005
12/01/2005
12/01/2005
12/01/2005
12/02/2005
12/02/2005
12/02/2005
12/02/2005
12/02/2005
12/05/2005
12/05/2005
12/05/2005
12/05/2005
12/05/2005
12/06/2005
12/06/2005

SecTicker ValQuote
CVH
$59.07
ESRX
$80.30
MSFT
$27.92
UNH
$60.53
AAPL
$69.34
CVH
$58.79
ESRX
$80.74
MSFT
$27.76
UNH
$60.16
AAPL
$69.66
CVH
$59.02
ESRX
$79.89
MSFT
$27.75
UNH
$58.40
AAPL
$68.10
CVH
$59.33
ESRX
$85.66
MSFT
$27.68
UNH
$60.07
AAPL
$67.82
CVH
$59.57
ESRX
$84.46
MSFT
$27.68
UNH
$59.86
AAPL
$71.60
CVH
$60.20
ESRX
$87.03
MSFT
$27.89
UNH
$61.47
AAPL
$72.63
CVH
$59.20
ESRX
$87.83
MSFT
$28.01
UNH
$61.97
AAPL
$71.82
CVH
$58.39
ESRX
$87.07
MSFT
$27.85
UNH
$62.34
AAPL
$74.05
CVH
$58.95

47

ABC Financial Portfolio Manager DB

VALUATION
ValDate
12/06/2005
12/06/2005
12/06/2005
12/07/2005
12/07/2005
12/07/2005
12/07/2005
12/07/2005
12/08/2005
12/08/2005
12/08/2005
12/08/2005
12/08/2005
12/09/2005
12/09/2005
12/09/2005
12/09/2005
12/09/2005

SecTicker ValQuote
ESRX
$87.93
MSFT
$27.69
UNH
$63.24
AAPL
$73.95
CVH
$57.83
ESRX
$87.04
MSFT
$27.75
UNH
$62.61
AAPL
$74.08
CVH
$59.38
ESRX
$87.83
MSFT
$27.69
UNH
$62.96
AAPL
$74.33
CVH
$59.65
ESRX
$89.56
MSFT
$27.71
UNH
$63.67

F.3 Appendix C: Table TRANSACTION

TRANSACTION
TrxType TrxBatchNo TrxDate SecTicker TrxQty TrxPrice TrxBroker TrxComm
BUY
1 01/03/2005 AAPL
200
31.30 SCHWAB
14.00
BUY
1 01/04/2005 UNH
300
43.10 SCHWAB
14.00
BUY
1 01/05/2005 MSFT
200
26.75 SCHWAB
14.00
BUY
1 03/07/2005 ESRX
500
43.50 SCHWAB
14.00
BUY
1 03/15/2005 CVH
300
44.50 SCHWAB
14.00
BUY
2 03/28/2005 UNH
400
46.85 SCHWAB
14.00
SELL
1 03/29/2005 ESRX
-500
41.90 SCHWAB
14.00
BUY
2 05/04/2005 ESRX
500
45.00 SCHWAB
14.00
BUY
2 05/11/2005 AAPL
200
33.10 SCHWAB
14.00
SELL
1 05/13/2005 CVH
-200
42.50 SCHWAB
14.00
BUY
2 05/25/2005 MSFT
200
25.60 SCHWAB
14.00
SELL
1 06/21/2005 UNH
-250
52.00 SCHWAB
14.00
SELL
2 07/22/2005 ESRX
-500
45.10 SCHWAB
14.00
SELL
1 08/05/2005 MSFT
-200
27.75 SCHWAB
14.00
SELL
1 09/12/2005 CVH
-100
56.50 SCHWAB
14.00
BUY
3 09/15/2005 ESRX
500
62.00 SCHWAB
14.00

48

ABC Financial Portfolio Manager DB

TRANSACTION
TrxType TrxBatchNo TrxDate SecTicker TrxQty TrxPrice TrxBroker TrxComm
BUY
3 10/06/2005 MSFT
100
24.87 SCHWAB
14.00
BUY
2 10/24/2005 CVH
100
60.00 SCHWAB
14.00
BUY
3 10/27/2005 CVH
400
50.00 SCHWAB
14.00
BUY
4 11/17/2005 MSFT
100
28.00 SCHWAB
14.00
SELL
1 12/06/2005 AAPL
-150
74.00 SCHWAB
14.00
SELL
2 12/09/2005 MSFT
-100
27.70 SCHWAB
14.00

F.4 Appendix D: Repository Description

See next document.

49