rated track record' capital 0% -1% -2% -3% 4% -5% preservation S&P500 in down markets E[ectron/SAC MSCI 0 25°. returns during indices' World Utilities Electron/SAC .0.37% -3.65% Average •4.07% down months annual 2005P returns vs. Annual Return 3.14% benchmark index MSCI World Utilities Outpettor