"The hardest thing in the world to understand is the income tax." Albert Einstein

ETF Portfolio Update - June 2007

6. July 2007, 23:31 Uhr• "Lazy" ETF PortfolioPhantasmix

“Lazy” portfolio, started tracking results on May 1, 2007.

June Results

Portfolio shrunk by 0.55% in relation to the previous month, but was still up 3.26% overall.

Components

CDN Composite (XIC) - 45%
CDN S&P 500 (XSP) - 25%
CDN MSCI EAFE (XIN) - 30%

Initial Investment

Approximately $10,000 one-time.

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