Contax's Five & Dime and a Couple of $$ too Investment Fund!

[Options2Wealth]

The Fund's Performance in March 2004:


SUMMARY:

The Contax’s Five and Dime Fund ended the month of March up
a very modest 1.56%. Since the Fund’s inception in November
of 2003, this is the smallest monthly gain in the Fund’s Net Asset
Value (NAV). But when you consider that its benchmark, the
S&P 500 was down 1.66% for the month, then its modest gain
begins to look quite decent indeed.

The Fund, which started with a Net Asset Value (NAV) of $20,000, is
up $19,799.27; closing its fourth full month with a NAV of $39,186.40.
In other words, in little over four and a half months, the Fund is up
98.99% while the Fund’s benchmark S&P 500 was up only 6.93%.
Currently the Fund has a 14:1 lead over the S&P 500 as opposed to a
10:1 lead that it enjoyed over its benchmark, at the end of February.


The CFDTDF Fund's current Net Asset Value (NAV): $ 39,799.27


The CFDTDF Fund's original Net Asset Value (NAV): $20,000

Net Gain or (Loss) in CFDTDF Fund's value since the Fund's inception: + $19,799.27

Net Gain or (Loss) in CFDTDF Fund's value since the end of last month: + $612.87

Percentage change in the CFDTDF Fund's Net Asset Value from the previous month: + 1.56%

Percentage change in the CFDTDF Fund's Net Asset Value since the Fund's inception: + 98.99%


The S&P 500 current reading: 1126.21

The S&P 500’s last month’sreading: 1144.94

Net change in the S&P 500 since the end of last month: - 18.73 points

Net % change in the S&P 500 since the end of the last month: - 1.66%

The S&P 500 original reading (November 9th. 2003): : 1053.21

Net change in the S&P 500: + 73.00 points

Percentage change in the S&P 500: + 6.93%.

Fund's Performance versus the S&P 500: + 92.06%


The following, is the Contax's Five & Dime and Two $$ Too Investment
Fund’s (CFDTDF) current stock holdings along with their
end of the month closing price(s):


Updated Fund Position:


1) PPHM: 4559 shares Valued at $11,169.55 (March Closing Price: $2.45)

2) DLGI: 7249 shares Valued at $5509.24 (March Closing Price: $0.76¢)

3) BIPH: 4524 shares Valued at $5293.08 (March Closing Price: $1.17¢)

4) FLCR: 12,743 shares Valued at $5224.63 (March Closing Price: $0.41¢)

5) MOBL: 47,392 shares Valued at $4739.20 (March Closing Price: $0.10¢)

6) EMA: 1577shares Valued at $3295.93 (March Closing Price: $2.09)

7) LPLHB: 8807 shares Valued at $2906.31 (March Closing Price: $0.33¢)

8) EXTI: 3013 shares Valued at $1235.33 (March Closing Price: 0.41¢)

9) IIP (INAP): 100 shares Valued at $172.00 (March Closing Price: $1.72)

10) ADVR: 1000 shares Valued at $130.00 (March Closing Price: $0.13¢)

11) CYAN: 100 shares Valued at $126.00 (March Closing Price: $1.26)



The current holding(s) as a percentage of the CFDTDF Fund's present Net Asset Value (NAV) is as follows:

1) PPHM = 28.06% *

2) DLGI = 13.84%

3) BIPH = 13.30%

4) FLCR = 13.13%

5) MOBL= 11.91%

6) EMA = 8.28%

7) LPLHB = 7.30%

8) EXTI = 3.10%

9) IIP = 0.43%

10) ADVR = 0.33%

11) CYAN = 0.32%


*NOTE: PPHM holding, as a percentage of the Fund’s NAV, has surpassed the maximum allowable 25%. I will therefore trim my position in PPHM to comply with the Fund’s Charter.


The Current NAV of the Fund is $ 39,799.27

To date, the total percentage of the NAV invested: 100%.

Present cash position of the Fund: $0.00

Cash Available to Purchase: $0.00


Cheers!
contax