Model Portfolio Report for June 2008

The final contents of the Doppler Model Portfolio for May 2008 were:
$61,694.68 USD in the Doppler Treasury Money Market Fund
$79,987.24 HKD in the Everbank Hong Kong Dollar CD ($10,246.37 USD)
2 shares of BRKB ($8996.00 USD)
222 shares of DFJ ($10391.82 USD)
103 shares of FXY ($9749.18 USD)

The final total value of the Doppler Model Portfolio for May 2008 was $101,078.05 USD.

The 1-month T-Bill yield averaged 1.759% in May 2008, and the 3-month T-Bill yield averaged 1.284% in March 2008. The average of these two figures is 1.521%, and subtracting .3% from this gives us 1.221%. Thus, the yield of the Doppler Treasury Money Market Fund was 1.221% for June 2008. The credited cash balance for the entire month was $61,694.68 USD, so the accrued interest was $61.91 USD (roughly $2.06 USD/day). This brought the final cash balance for June 2008 to $61,756.59 USD.

The credited balance of the Hong Kong Dollar CD remained at $79,950 HKD for the entire month. We entered the month with $37.24 HKD of accrued interest. An additional $65.71 HKD of interest accrued during the month (roughly $2.19 HKD/day), bringing the total accrued interest to $102.95 HKD and the total balance to $80,052.95 HKD, worth $10,258.33 USD at the rate of 7.8037 HKD/USD.

At the end of June 2008, the 2 shares of BRKB were worth $8024.00, the 222 shares of DFJ were worth $9801.30, and the 103 shares of FXY were worth $9671.70.

The final contents of the Model Portfolio for June 2008 were:
$61,756.59 USD in the Doppler Treasury Money Market Fund
$80,052.95 HKD ($10,258.33 USD) in the Everbank Hong Kong Dollar CD
2 shares of BRKB ($8024.00 USD)
222 shares of DFJ ($9801.30 USD)
103 shares of FXY ($9671.70 USD)

The final value of the Doppler Model Portfolio for June 2008 was $99,511.92 USD, compared to $101,078.05 USD for the end of May 2008. This was a loss of around 1.5%.