Profit Investment
Management has prepared and presented this report in compliance with
the Global Investment Performance Standards (GIPS®). Profit Investment Management is a registered
investment adviser. The minimum account size for our composites is
$1 million. The firm maintains a complete list and
description of composites, which is available upon request. Results
are based on fully discretionary accounts under management,
including those accounts no longer with the firm. Past performance
is not indicative of future results. The U.S. Dollar is the currency
used to express performance. Returns are presented gross and
net of management fees and include the reinvestment of all
income. Gross returns will be reduced by investment advisory
fees and other expenses that may be incurred in the management of
the account. A fee schedule is an integral part of a complete
presentation and is described in Part II of the firm’s ADV, which is
available upon request. Balanced portfolio segments are not included
in this composite. Leverage is not used in this composite. The
Profit Large Cap Equity Composite was created October 31,
1997. Compliance with the GIPS-PPS has been verified firmwide
by Ashland Partners & Company LLP from October 31, 1997 through
March 31st 2007. In addition, a performance
examination was conducted on the Profit Large Cap Equity composite
beginning October 31, 1997.
