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Concentrated Growth Portfolio


Composite Annualized Through
June 30, 20101
Concentrated Growth1
Russell
3000® Growth2, 4
Year-To-Date
-13.83%
-7.25%
One Year
-11.80%
13.95%
Three Year
-1.46%
-6.97%
Five Year
22.04%
0.44%
Seven Year
33.94%
3.10%
Inception
12.50%
-2.16%
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, 6  
• EPS Growth - Current Fiscal Year 118%
• PE - Next Fiscal Year 22
• Long-Term Growth Rate 27%
• PEG Ratio - Next Fiscal Year 0.82
• Weighted Average Market Cap (mil) $26,590
• Number of Holdings 13

Five Largest Holdings 5, 6
• Acme Packet Inc
• Allied Nevada Gold Corp
• Apple Inc
• Baidu Inc
• Power-One Inc

1 Composite as of June 30, 2010. 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 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
July 29, 2010
July 26, 2010

Stocks found support after another round of upbeat earnings and reassuring words from Federal Reserve Chairman Ben Bernanke. The Nasdaq Composite soared 4.2% for the week, while the S&P 500 jumped 3.6% and the Dow Jones Industrial Average added 3.2%.