2005 - 2006 Annual Reports

Investment Committee Annual Report
1/1/2005 TO 12/31/2005

The approximate return on investment for 2005 was 4%, that is 1.8% dividends and interest and 2.2% in growth. The cost to manage the account is .5%of the market value and a nominal fee to the New Hampshire Conference.

Tabulated below is a summary of the performance of our investments with the NHC-UCC. The gain in value reflects the good performance of the market during the third and fourth Quarters after a very poor start to the year

The Church Council voted on an investment policy to take interest and dividends only. If after taking the interest and dividends, the General Fund grows more than 3%, the council will look at taking anything over 3% if needed for the church operating budget.

Acct #  Fund Name              Dividend Paid    Market Value   Market Value
                                                01/01/2005     12/31/2005

DJ101   General Inv. Trust     2,605            119,296        121,618
DJ102   Addison Trust          1,193             54,618         55,680
DJ103   Bachelder Trust          659             30,234         30,822
DJ104   Organ Fund             Reinvested         8,341          8,690
DJ106   Preservation Trust     Reinvested        10,779         11,230
DJ107   Paint Fund             Reinvested        17,102         17,817
DJ108   Carillon Fund          Reinvested         1,555          1,621
DJ109   Derry Memorial Fund    Reinvested         9,337          9,727
DJ110   Principle Preserv. Fund  283             13,618         13,883
                   Totals    4,740         264,880      271,088

Share Value
   01/01/2005   179.87
   03/28/2005   177.20
   06/28/2005   178.72
   09/30/2005   182.29
   12/31/2005   183.37

                   
                  Respectfully Submitted,

                The Investment Committee
                Harry Carter, Dick Sargeant