1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
 
Avg. Annual IRR
AFM Equity
19.9%
4.3%
-5.8%  
-18.6%
33.6%
10.9%
3.7%   
17.1%
2.1%
-29.5%
 
2.2%
S&P 500
19.5%
-10.1%
-13.1%
-23.4%
26.4%
9.0%
3.0%
13.6%
3.5%
-38.5%
 
-3.0%
Dow Jones
25.2%
-6.2%
-7.1%
-16.8%
25.3%
3.2%
-0.6%
16.3%
6.4%
-33.8%
 
-0.5%
Abbot Financial Management, Inc. is a registered investment advisor.  The assets that comprise the AFM Equity Composite, as of December 31, 2008,
were $71.8 million, which represented approximately 70% of the firm's total assets under management.  The results are reported on a net-of-fees basis,
and returns are calculated in U.S. dollars. It should be noted that the 'AFM Equity' composite may hold assets that are not included in the benchmark
indices.
Abbot Financial Management, Inc.
Performance Results 1999 -  2008
(100% Equity Accounts Only)