Investment Results - Second Quarter 2003

Christian Brothers Retirement Savings Plan

Vanguard Investment Fund Results

Check on the reported performance of the investment funds in your retirement savings portfolio. The attached fact sheets describe the annual returns, risk levels and information about the individual fund as of June 30, 2003.

Fund	403(b)	401(k)

Calvert Social Index Fund
500 Index Fund
International Growth Fun
Prime Money Market Fund
Total Bond Market Fund
Total Stock Market Fund
US Growth Fund
Wellington Fund
Windsor II Admiral Fund

	Vanguard On-Line Retirement Fund Portfolio
	You can view a snapshot of current market performance of any or all nine of the funds available through the Retirement Savings Plan. Follow the directions to customize a Watch List to display of the funds in your own portfolio. The Vanguard site will set a cookie on your computer so that the list of funds that you’ve identified will appear. Click here to reach the Vanguard "My Watch List" page.

Vanguard Investment Educational Materials

Are you wondering what investment strategy would be right for your retirement savings plan? These electronic educational materials (Adobe PDF format) from Vanguard discuss the various investment options available through the Christian Brothers Retirement Savings Plan.

	Facts on Funds© Guide		Discusses different investment classes: balanced, stock, money markets and bond funds. Includes an investor worksheet and listings of various Vanguard investment funds. 79 pages.
	Investing for Growth		Discusses long-term growth stock funds, the need for capital growth, risks of investing in stock funds, and profiles of stock funds offered through Vanguard. 11 pages.
	Index Investing		Outlines the strategy of investing in broadly diversified stock indexes which include hundreds to thousands of individual stocks. This flyer includes a statement on risks investing in index funds, and profiles of index funds offered through Vanguard. 15 pages.
	Investing for Income		Describes ways to generate income, especially during retirement years, through reliable and dependable bonds. This brochure discusses the risks of bond investments, and profiles of bond funds available through Vanguard. 11 pages.
	Investing for Preserving Capital		Offers ways to preserve the money that you have already accumulated, using money market and short-term bond funds. For investors with short-term goals, this document describes the higher certainty of return for the short run than riskier investments, such as the stock market. Includes profiles of Vanguard money market and short-term bond funds. 11 pages.
	Investing Internationally		Explains the opportunities to invest in foreign companies and stock markets, to take advantage of rising global economies. This flyer shows the different types of foreign investment funds and highlights the risks of such investing. 15 pages.


		Christian Brothers Retirement Planning Services 1205 Windham Parkway Romeoville, IL 60446