Concentrated Growth Portfolio


Composite Annualized Through
December 31, 20091
Concentrated Growth1
Russell
3000® Growth2, 4
Year-To-Date
25.36%
37.01%
One Year
25.36%
37.01%
Three Year
15.10%
-2.06%
Five Year
28.79%
1.58%
Seven Year
49.63%
6.11%
Inception
15.11%
-1.46%
Strategy Inception Date
January 1, 2001

Investment Objective  
To invest in the fastest growing companies.
Concentrated Growth Portfolio  
• Portfolio Manager: Lee Molendyk, CFA; Lance Swanson
• Equity Analyst: Mike Ashton, CFA
• Target market capitalization range: Reflects the Russell 3000 Growth Index
• Benchmark Russell 3000 Growth Index

Portfolio Characteristics3, 4, 7  
• EPS Growth - Current Fiscal Year 5%
• PE - Next Fiscal Year 18
• Long-Term Growth Rate 16%
• PEG Ratio - Next Fiscal Year 1.10
• Weighted Average Market Cap (mil) $1,103
• Number of Holdings 12

Five Largest Holdings 5, 6
• Nanometrics Inc
• Nutri Sys Inc New
• Telestone Technologies Corp
• Trina Solar Ltd
• Veeco Instruments

1 Composite as of December 31, 2009. The net performance presented herein reflects the reinvestment of dividends, the deduction of transaction costs and the deduction of investment management fees. Performance returns may reflect the effect of material economic and market factors not anticipated by Insight Capital Research & Management, Inc.
2 The composite’s benchmark is the Russell 3000® Growth Index with income. The Russell 3000 Growth Index is an unmanaged index that is constructed to provide a comprehensive and unbiased barometer of the concentrated growth market measuring the performance of those companies in the Russell 3000 Growth Index with higher price-to-book ratios and higher forecasted growth values. The Russell 3000 Growth Index reflects no deduction of fees, expenses, charges or taxes and the performance is calculated assuming the reinvestment of all distributions and income. The index returns have been taken from published sources, do not include any transaction costs, management fees, or other costs, and are not covered by the report of independent verifiers. Due to the differences between Insight’s investment strategies and the market index shown, Insight believes that no single index is directly comparable to the investment strategy of Insight.
3 Portfolio Characteristics Source: Frank Russell Co., Baseline.
4 Source of the data is deemed reliable but Insight Capital Research & Management, Inc. cannot guarantee its accuracy and completeness.
5 The five largest holdings included herein are based on weight in the portfolio and are for illustrative purposes only and should not be considered a recommendation to purchase or sell any particular security. There is no guarantee that the same or similar holdings will be purchased or held in accounts in the future. It should not be assumed that any of the holdings listed were or will prove to be profitable. A list of all securities held in the past 12 months, are available upon request.
6 The portfolio characteristics and largest holdings are presented as supplemental information and complement the full disclosure presentation.

Please see complete performance disclosure.

Insight Capital Research and Management, Inc.®
2121 N. California Boulevard, Suite 560
Walnut Creek, CA 94596
(800) 878.8863
ph  (925) 274-5000
fax (925) 946-2660
Our greatest satisfaction is helping people realize their financial goals. Stocks do go up and down, but over the long term, U.S. companies have done well.
Today is Thursday
March 11, 2010
March 8, 2010

March started off well for stocks despite a continued mix of news on the economic front. The Nasdaq Composite led the charge last week in posting a gain of 3.9%. The S&P 500 climbed 3.1%, while the Dow Jones Industrial Average added 2.3%.