PEPP Historical Rate of Return

PEPP Historical Rates of Return (for fiscal year ending March 31)
Year	Balanced Fund (BF)	Short-term Bond Fund (SBF)
2008*	-2.4%	5.8%
2007	11.6%	4.5%
2006	13.8%	1.8%
2005	7.8%	3.1%
2004	24.8%	8.2%
2003	-11.6%	5.5%
2002	5.7%	2.5%
2001	-0.4%	8.0%
2000	15.4%	4.4%
1999	4.2%	5.0%
1998	26.0%	N/A
1997	18.7%	N/A
1996	12.1%	N/A
1995	6.4%	N/A
1994	13.8%	N/A
1993	11.2%	N/A
1992	8.2%	N/A
1991	9.6%	N/A
1990	10.7%	N/A
1989	10.4%	N/A
1988	10.9%	N/A
1987	14.4%	N/A
1986	15.1%	N/A
1985	14.2%	N/A
1984	15.3%	N/A
1983	14.7%	N/A
1982	12.7%	N/A
1981	11.9%	N/A
1980	10.3%	N/A
1979	10.0%	N/A
1978	8.0%	N/A
* Performance is only reported for those funds that have performance history for the period indicated.
Notes: 1. Annual allocation method used from inception through July 31, 2003. 2. Monthly allocation method used from July 31, 2003 through August 12, 2005. 3. Weekly unit values declared from August 12, 2005 through March 31, 2006. 4. Daily unit values declared from March 31, 2006 to the present. 5. The Pre-Retirment Fund was introduced April 1, 1998. 6. The Pre-Retirement Fund was renamed to the Short-term Bond Fund effective April 1, 2001.