Statement of IIG Financial Condition - Innovation Index Group

Dear Current and Prospective IIG Investors:

Some of you may have thought about the financial condition of IIG (Innovation Index Group) and my personal financial condition, especially in this current economic climate. Rest assured, I have worked hard for 10 years in Silicon Valley, and through the options in various company stocks that I worked at and that we gained, and smart investments in the stock markets and through the equity we built in our Fremont home that we sold last year, we have amassed enough savings to last us another five to ten years at the very least. We also bought a house this summer in Turtle Rock. We are blessed and lucky to be in this position. Having said that, it behooves us to work hard to continue this growth and not just deplete our savings, and to that end, I am planning to become a CFP next year and open a full-blown independent investment practice, and my wife has also begun working full-time. We have done well, and have no plans to retire in our forties... perhaps in our fifties ;-) And on a separate note, we are mentally healthy too, and plan to stay that way for the rest of our lives ;-) We do many things to relax and enjoy each weekend and during the week.

So, if you are considering investing in the stock market or real estate, please consider IIG - Innovation Index Group and REIG - Real Estate Investing Group (newly launched) as your consistent partner for steady growth over the next five to ten years and beyond. Invest with Confidence and Grow your Wealth...

I am thankful and grateful to my partners in IIG and REIG, and all our friends, family members, and partners for your continuous support and belief.

Sincere regards,
Sanjay Dalal
President & Managing Director
October 12, 2008

*Past performance does not guarantee future results. Refer to Innovation Index Fund and Real Estate Investing Group Prospectus for full details

Introducing The Innovation Index Fund

Dear Creativity And Innovation Driving Business Blog Subscribers:

Are you interested in making your money work smarter and grow faster, and achieve potential average returns over 25% a year?*

We have created a brand new private placement investment fund called:

The Innovation Index Fund

What is The Innovation Index Fund?

The Innovation Index Fund is a private investment fund where investors such as you can invest their monies in The Innovation Index. The Innovation Index Fund, LLC is managed by Innovation Index Group, Inc.

What is The Innovation Index?

The Innovation Index introduced in December 2006 is a weighted stock price index of the top 20 Innovators in North America.

What has been the performance of The Innovation Index?

The Innovation Index would have returned 174% over the last five years as per the historical performance model. This assumes equal investment in each stock of The Innovation Index as of December 31, 2001. An average of $100 invested in The Innovation Index on December 31, 2001 returned $274 as of December 29, 2006. By comparison, $100 invested in each of S & P 500, NASDAQ and Dow Jones Index only returned $124 as of December 29, 2006.

What is the performance of The Innovation Index in 2007?

The Innovation Index returned 66% in 2007 as per our performance model. The Innovation Index beats the major U.S. indices including the S & P 500, NASDAQ and Dow Jones. S & P 500 was up 4% for the year, NASDAQ was up 10% for the year and the Dow Jones Index was up 6% for the year.

Which companies comprise The Innovation Index?

Here are the the top 20 Innovators that comprise The Innovation Index for 2007 and their stock ticker symbols:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Dell Inc. - (NASDAQ: DELL)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Microsoft Corporation - (NASDAQ: MSFT)
Research In Motion Limited - (NASDAQ: RIMM)
Southwest Airlines Co. - (NYSE: LUV)
Starbucks Corporation - (NASDAQ: SBUX)
Target Corp. - (NYSE: TGT)
The Proctor & Gamble Company - (NYSE: PG)
Wal-Mart Stores, Inc. - (NYSE: WMT)
Yahoo! Inc. - (NASDAQ: YHOO)

The Innovation Index Group will analyze the positions and standings of the top 20 Innovators at the end of each year, and make changes for 2008.

The Top 20 Innovators for 2008 were announced on December 31, 2007. Here is the alphabetical list of the Top 20 Innovators for 2008:

3M Company - (NYSE: MMM)
Amazon.com, Inc. - (NASDAQ: AMZN)
America Movil - (NYSE: AMX)
Apple Inc. - (NASDAQ: AAPL)
AT&T Inc. - (NYSE: T)
Best Buy Co., Inc. - (NYSE: BBY)
Cisco Systems, Inc. - (NASDAQ: CSCO)
Costco Wholesale Corporation - (NASDAQ: COST)
eBay Inc. - (NASDAQ: EBAY)
General Electric Co. - (NYSE: GE)
Google Inc. - (NASDAQ: GOOG)
Hewlett-Packard Co. - (NYSE: HPQ)
Intel Corporation - (NYSE: INTC)
International Business Machines Corp. - (NYSE: IBM)
Merck & Co., Inc. - (NYSE: MRK)
McDonald's Corporation (NYSE: MCD)
Microsoft Corporation - (NASDAQ: MSFT)
NIKE, Inc. - (NYSE: NKE)
Research In Motion Limited - (NASDAQ: RIMM)
The Proctor & Gamble Company - (NYSE: PG)

How do I find out more information on the Innovation Index?

We have created a brand new website that provides all the relevant information about the Innovation Index, the performance, our selection process, founding principles, history and more.

Please browse to:
http://www.innovationindexgroup.com/

How do I learn more and invest in The Innovation Index Fund?

You need to first contact us to obtain more information about the Innovation Index. We will then contact you with the relevant details about the Innovation Index Fund and the prospectus. We will keep your contact information completely confidential, and only use it to contact you about The Innovation Index Fund and the associated information.

You can also email us at: info@innovationindexgroup.com

Or if you prefer, you can fill out the contact form at the bottom of the page here:
http://www.innovationindexgroup.com/invest.html

Are my investments completely safe in The Innovation Index Fund?

No. The Innovation Index invests in the stocks of the top 20 innovators in North America, and stocks can lose value. Historically, The Innovation Index would have returned average annual performance gains of over 34% a year for the past five years. However, the investments are not FDIC insured, and have no bank guarantee. Investments may lose value including the principal. Past performance does not guarantee future results.

Next steps:

If you are a serious accredited investor who wants to put your hard earned money to work smarter and grow faster and beat the stock market, email us at:

info@innovationindexgroup.com

Include your full name, phone number and address.

I look forward to your response.

Sincere regards,

Sanjay Dalal
President and Managing Director
Innovation Index Group, Inc.

*Past Performance Does Not Guarantee Future Results