Peregrine Asset Advisers Registered Investment Advisors Portland Oregon

Phone: 503-459-4651

Quarterly Returns

Composite Returns

2011

..	2011	4th Qtr 2011	3rd Qtr 2011	2nd Qtr 2011	1st Qtr 2011
Peregrine Equity Composite	-7.07%		-9.59%	-1.47%	4.32%
Peregrine Balanced Composite	0.24%		-2.37%	.88%	1.77%
S&P 500 Index	-10.04%		-14.91%	-0.17%	5.90%

2010 (Click for full quarterly reports for 2010)

..	2010
Peregrine Equity Composite	8.91%
Peregrine Balanced Composite	6.93%
S&P 500 Index	15.06%

2009 (Click for full quarterly reports for 2009)

..	2009
Peregrine Equity Composite	12.18%
Peregrine Balanced Composite	3.07%
S&P 500 Index	27.67%

2008 (Click for full quarterly reports for 2008)

..	2008
Peregrine Equity Composite	-21.80%
Peregrine Balanced Composite	-6.24%
S&P 500 Index	-37.45%

2007 (Click for full quarterly reports for 2007)

..	2007
Peregrine Equity Composite	25.14%
Peregrine Balanced Composite	12.06%
S&P 500 Index	5.50%

2006 (Click for full quarterly reports for 2006)

..	2006
Peregrine Equity Composite	9.02%
Peregrine Balanced Composite	6.05%
S&P 500 Index	15.80%

2005 (Click for full quarterly reports for 2005)

..	2005
Peregrine Equity Composite	16.19%
Peregrine Balanced Composite	5.95%
S&P 500 Index	4.98%

2004 (Click for full quarterly reports for 2004)

..	2004
Peregrine Equity Composite	10.52%
Peregrine Balanced Composite	5.17%
S&P 500 Index	10.99%

2003 (Click for full quarterly reports for 2003)

..	2003
Peregrine Equity Composite	20.31%
Peregrine Balanced Composite	7.08%
S&P 500 Index	26.38%

2002 (Click for full quarterly reports for 2002)

	2002
Peregrine Equity Composite	-4.61%
Peregrine Balanced Composite	3.02%
S&P 500 Index	-23.37%

2001 (Click for full quarterly reports for 2001)

	6 months 2001
Peregrine Equity Composite	-.58%
Peregrine Balanced Composite	-0.38%
S&P 500 Index	-6.21%

View Prior Year Returns

2011 Returns

2010 Returns

2009 Returns

2008 Returns

2007 Returns

2006 Returns

2005 Returns

2004 Returns

2003 Returns

2002 Returns

2001 Returns

Since Inception

Peregrine Asset Advisers - 9755 SW Barnes Rd. Suite 295 - Portland, OR 97225 - Phone 503-459-4651
Designed by One Dog Designs

*Past Performance is no guarantee of future results. Investment management involves the possibility of losses. Significant general stock market moves up and down can influence the performance of client portfolios. Composite returns are based on client portfolios of over $100,000. Not all clients are included in the composites. All returns include the reinvestment of dividends. All returns are net of fees. Composite returns are derived from aggregated, time weighted returns for clients of Peregrine Asset Advisers. Individual client returns can deviate from the composite returns. While Peregrine uses the S&P 500 as a benchmark, Peregrine does not attempt to mimic the structure of this index. Individual client portfolios vary. The number of stock positions also varies per client. Long term returns of Peregrine Asset Advisers clients have been influenced by holding shares of Google.