Model Portfolio Update: September 2008

The final contents of the Doppler Model Portfolio for August 2008 were:
$61,893.15 USD in the Doppler Treasury Money Market Fund
$80.188.85 HKD in the Everbank Hong Kong Dollar CD ($10,271.14 USD)
2 shares of BRKB ($7804.00 USD)
222 shares of DFJ ($9031.85 USD)
103 shares of FXY ($9439.95 USD)

The total market value of the Doppler Model Portfolio at the end of August 2008 was $98,440.09 USD.

The 1-month Treasury Bill yielded an average of 1.679% in August 2008, and the 3-month Treasury Bill yielded an average of 1.89% in June 2008. The average of these two figures is 1.785%, and subtracting .3% from this gives us 1.485%. So the Doppler Value Treasury Money Market Fund yielded 1.485% during September 2008. The credited balance was $61,893.15 USD for the entire month, so $75.54 of interest accrued during the month (roughly $2.52/day). This brought the balance in the Doppler Treasury Money Market Fund to $61,968.69 USD.

At the beginning of the month, the Everbank Hong Kong Dollar CD had a credited balance of $80,151.52 HKD and accrued interest of $37.33 HKD. Interest continued to accrue at 1.00%, or an additional $65.88 HKD (about $2.20/day). The Hong Kong Dollar CD ended the month with an accredited balance of $80151.52 HKD, accrued interest of $103.21 HKD, and a total balance of $80,254.73 HKD. At an exchange rate averaging 7.7701 HKD/USD on the last day of September, the total balance in the Everbank Hong Kong Dollar CD was $10,328.66 USD.

At the end of September 2008, the 2 shares of BRKB had a market value of $8,790.00 USD, the 222 shares of DFJ had a market value of $8,455.54 USD, and the 103 shares of FXY had a market value of $9,669.95 USD.

The final contents of the Doppler Value Model Portfolio for September 2008 were:
$61,968.69 USD in the Doppler Treasury Money Market Fund
$80,254.73 HKD in the Everbank Hong Kong Dollar CD ($10,328.66 USD)
2 shares of BRKB ($8,790.00 USD)
222 shares of DFJ ($8,455.54 USD)
103 shares of FXY ($9,669.95 USD)

The total market value of the Doppler Value Model Portfolio at the end of September 2008 was $99,212.84 USD, a rise of .8% from the market value of $98,440.09 at the beginning of the month.