Abbreviated Financial Report, 1/01–8/31/96

Copies of the to-date financial report were distributed at the 1996 Annual Meeting to all AESE members present. This report is an abbreviated version. The next full report to be printed in Blueline will be the 1996 year-end report.

Total Operating Income, 1/01-8/31/96 $6,439.96
Total Expected Operating Income, 09/01-12/31/96 $3,125
Total Expected Income, 1996 $9,565  
     
Total Expenses, 1/01-8/31/96 $6,493.17  
  $2,180
Total Expected Expenses, 1996 $8,675  
Schwab Investments, 1/018/31/96

Opening

Closing

Bond Fund

$13,773.67

$13,914.37

Index Fund

$16,568.79

$17,742.50

Total:

$30,342.46

$31,656.87

—Respectfully submitted, Kate Lessing