-------TOT. RETURN-------        EXP.
FUND                   3/10-5/31       12 MONTHS*      RATIO

PROFUNDS ULTRASHORT OTC  41.7%          -72.6%         1.42%
POTOMAC INTERNET/SHORT   35.6%           NA            1.65%
BEARGUARD INVESTOR       25.3%           NA            2.75%
RYDEX ARKTOS             23.9%          -47.2%         1.46%
POTOMAC OTC/SHORT        20.9%          -47.7%         1.65%
POTOMAC SMALL CAP/SHORT  11.9%           NA            1.65%
PRUDENT BEAR              8.9%          -0.6%          2.25%


FUND                     STRATEGY

PROFUNDS ULTRASHORT OTC  Achieve twice the opposite of Nasdaq 100
                         index results

POTOMAC INTERNET/SHORT   Opposite of Dow Jones Internet index

BEARGUARD INVESTOR       Shorts stocks

RYDEX ARKTOS             Opposite of Nasdaq 100

POTOMAC OTC/SHORT        Opposite of Nasdaq Composite index

POTOMAC SMALL CAP/SHORT  Opposite of Russell 2000 index

PRUDENT BEAR             Shorts stocks, buys put options, mining
                         stocks

* Through May 31

DATA: MORNINGSTAR INC., Business Week