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COLUMBUS, Ohio (April 1, 2003) - As of March 31, 2003 Prospero Funds' traditional equity product produced a loss of (2.1)% year-to-date. During the same period, the S&P 500 lost (3.2)%. For the three years ending March 31, 2003, Prospero Funds' accounts lost (1.9)% net of all fees and expenses per annum, while the S&P lost (16.1)% per annum. Prospero Funds' historical returns, net of all trading costs and management fees, are detailed below:
| PERFORMANCE SUMMARY, THROUGH 3/31/03 |
||
|---|---|---|
| ANNUAL PROSPERO |
ANNUAL S&P |
1-year | (2.1)% | (3.2)% | 3-year | (1.9)% | (16.1)% |
| 5-year | 5.5% | (3.8)% |
| Since Inception (1/1/97) |
10.4% | 3.7% |
Prospero Capital Management is an investment advisory company delivering superior financial results and service to clients through detailed fundamental research and investment insight. Contact Prospero at 866.377.7677 or invest@prosperofunds.com for more information.