Expected Returns, October 2005 -- Manifest Investing

In this issue, we introduce the MANIFEST 40, consisting of the stocks which appear most frequently on your collective dashboards.

In this issue, we introduce the MANIFEST 40, consisting of the stocks which appear most frequently on your collective dashboards.

With a financial strength rating of A+, EPS predictability of 80 and strong growth and profit characteristics, ANF earns a quality rating of 82.7.

You'll need a few ounces of courage and risk tolerance to own VGEQX but we've been impressed by the strong migration to quality.

This month's listing of equity mutual funds ranked by Projected Annual Return.

New companies include: Masco, Affiliated Computer Services, Abercrombie & Fitch and Bed Bath & Beyond.

This month's $1200 contribution (and quarterly dividends) will be invested in Masco Corp with a PAR of 20.9% and quality rating of 74.7.

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 5.1%-10.1%
Yellow	PAR is above the target range of MIPAR +10%, currently 10.1%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.