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March 1, 2001 Agreement Reached with Ibbotson AssociatesZunna, Inc. entered into an agreement with Ibbotson Associates effective immediately to use Ibbotson's SBBI data in WATS. "This is an important agreement for us," said Keith Marbach, President of Zunna, Inc. "When it comes to long-term market data, Ibbotson is the recognized authority. We are very happy to have the right to use Ibbotson data in WATS." WATS tests investment strategies for historical success rates. The methodology used by WATS depends heavily on actual market return data. The inclusion of Ibbotson's data, which goes back to 1926, means that WATS can now be sold with enough data to do some serious testing. "Many of our competitors use summarized market data to perform their calculations," said Mr. Marbach. "WATS doesn't work with summarized data. With WATS, the whole point of the program is to show you how you would have fared had you actually lived through any particular historical period. You simply can't calculate that with summarized data." The suggested retail price for WATS, with monthly Ibbotson returns from January, 1926 through December, 2000, is $199 . Special pricing is available for financial planners and other financial professionals. Zunna does not currently have a mutual fund vendor for WATS, but plans are to obtain one in the future. |
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Copyright © 2000, 2004 Zunna, Inc. Last updated on 02/12/2004 |