Performance Comparisons for March 1, 2004
Aaa-Baa Rated Corporates
Index Avg. Pct. of Total Return %
Close Yield Market Prior Wk. Y-T-D
ML Corporate Master 1471.21 4.24 100.00 +0.39 +2.26
Intermediate (1-10 years) 1052.75 3.67 95.70 +0.30 +1.89
Industrials 369.56 3.85 34.43 +0.28 +1.90
Utilities 346.25 3.87 10.59 +0.29 +1.91
Finance 365.21 3.43 15.28 +0.32 +1.89
Banks 397.98 3.25 14.07 +0.31 +1.76
Canadians/Yankees 367.82 3.22 19.85 +0.30 +1.66
Long-term (10 years and over) 1199.07 6.01 29.76 +0.67 +3.44
Industrials 461.15 6.03 12.42 +0.61 +3.39
Utilities 435.29 6.16 4.85 +0.70 +3.24
Finance 453.21 5.81 2.53 +0.85 +3.84
Banks 484.09 5.77 2.98 +0.71 +3.56
Canadians/Yankees 626.03 5.78 5.62 +0.85 +3.89
Index values reflect the compounded total return growth of each
