Commodity Update
Commodities have not fared as well as most investors think. Over the past 5 years, the S&P GSCI Commodity-Indexed Trust averaged -8.1% per year and only 2.7% for the past 10 years (all periods ending 12/31/2012). Listed below are S&P GSCI Commodity-Indexed Trust returns for each of the past several years:
| 0.1% | 2012 |
| -1.2% | 2011 |
| 9.0% | 2010 |
| 13.5% | 2009 |
| -46.5% | 2008 |
| 32.7% | 2007 |