Bookkeeping: Rising Tide Growth Fund Performance

Price of Rising Tide Growth: $10.731
Performance to date (vs Aug 3, 2007): +7.31%

SP500: 1,525.8 (+4.13%)
Russell 2000: 813.1 (+4.92%)

Fund vs SP500: +3.18%
Fund vs Russell 2000: +2.39%

Since the market cap of the median stock in the Rising Tide Growth fund is significantly below the SP500 index but higher than the median market cap in the Russell 2000, I am measuring the fund against both indexes to be more accurate.

Basis for indexes
SP500 (5 day weighted average Aug 3-9): 1,465.2
Russell 2000 (5 day weighted average Aug 3-9): 775

To see why I use the 5 day weighted average of the first 5 trading days to smooth out the volatility of the indexes as the fund launched, see here.

Please click here: fund performance for previous updates