<b>The Returns Of The VMI and VMIR</b> <pre> <u> VMI VMIR Differential </u> 2005 60.59% 78.93% 18.34% 2006 21.40% 40.28% 18.88% <u>2007 16.78% 56.16% 39.38%</u> 3 Year AR 32.92% 58.46% 25.53% </pre> <b>Note:</b> AR stands for Average Return.