Documents March 2005

Strong Results 2003 2004 Combined Ratio (%) 93.0 Profit before Tax (£m) 2003 2004 77.0 83.4 * Operating Profit* (£m) 2003 2004 86.3 77.1 87.2 *Based on longer term investment…

Documents Blackrock Global Allocation

Not FDIC Insured • May Lose Value • No Bank Guarantee 1 US Stocks are represented by the S&P 500 Index, which is an unmanaged index that covers 500 industrial, utility,…