Yields on the BMA-PGBI decreased by 1 bps and its value increased by 0.05% to close at 98.2529. The yield to maturities decreased across the length of the yield curve by approximately 1 basis points, and this coupled with interest rate return, resulted in the increase in value.

====================================================================
Index Statistics                5-Sept-05     4-Sept-05       Change
====================================================================
BMA-PGBI          (Index Value)  98.2529  98.2029   0.0500   (0.05%)
Principal Return  (Index Value)  83.8476  83.8139   0.0337   (0.04%)
Interest Return    %               17.18%   17.17%  0.0001   (0.07%)
Average Coupon     %             10.4759  10.4761  -0.0002   (0.00%)
Average Maturity   %              5.9360   5.9386  -0.0026  (-0.04%)
Average Yield      %              9.2218   9.2320  -0.0103  (-0.11%)
Average Duration         Value    4.1246   4.1265  -0.0019  (-0.05%)
Average Convexity        Value   27.7942  27.7870   0.0072   (0.03%)
====================================================================