HOLLYWOOD POLICE PDF
LOCK TOTAL FUND EXECUTIVE HERE LOCK LOCK TOTAL FUND UNIVERSE HERE(p1) LOCK TOTAL FUND UNIVERSE HERE(p2) LOCK TOTAL FUND RISK MEASURES LOCK LOCK TOTAL EQUITY EXECUTIVE HERE LOCK LOCK TOTAL EQUITY UNIVERSE HERE(p1) N/A LOCK LOCK TOTAL EQUITY RISK HERE LOCK LOCK TOTAL FIXED EXECUTIVE HERE LOCK TOTAL FIXED UNIVERSE HERE N/A LOCK LOCK TOTAL FIXED RISK MEAS. HERE LOCK
START @B3 Hollywood Police Pension Fund START @E3 Hollywood Police Pension Fund % Hollywood Police Pension Fund START @H3 Hollywood Police Pension Fund % START @N3 Hollywood Police Pension Fund START @Q3 Hollywood Police Pension Fund Hollywood Police Pension Fund % Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund
Total Fund Total Net Returns Total Fund Total Net Returns Total Net Returns Total Fund Total Net Returns Total Equity Total Equity Returns Total Equity Total Equity Returns Total Equity Returns Total Equity Returns Inverness Bond Returns (incl. convertible bonds) Inverness Bond Returns (incl. convertible bonds) INVERNESS Bond Returns Inverness Bond Returns (incl. convertible bonds)
Executive Summary Universe Universe Comparisons Universe Comparisons Risk Measures Risk Measures Executive Summary Universe Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Universe Comparisons Risk Measures
3 24BLCC10BLCG7BLCVC2.5BLC6.5BSC23BFI23IFI4TMM 24BLCC10BLCG7BLCVC2.5BLC6.5BSC23BFI23IFI4TMM 24 29 52BLCC 18.5BLCGC 13BLCVC 11.95BSC 4.55BLC 61.1%BLCC, 18.5%BLCGC, 13%BLCVC, 7.4%BSC 31 41 50% Broad FI, 50% Intermediate FI 50% Broad FI, 50% Intermediate FI 44
Inception date is September 30, 1992 5 6 3 Yr Inception date is September 30, 1992 30 40 3 Yr Inception date is September 30, 1992 42 29 3 Yr
All dollar values are shown in thousands. Returns are in percent. "%-tile" is the percentile ranking within the universe. Returns are in percent. "%-tile" is the percentile ranking within the universe. # of Negative Qtrs All dollar values are shown in thousands. Returns are in percent. "%-tile" is the percentile ranking within the universe. Returns are in percent. "%-tile" is the percentile ranking within the universe. # of Negative Qtrs All dollar values are shown in thousands. Returns are in percent. "%-tile" is the percentile ranking within the universe. Returns are in percent. "%-tile" is the percentile ranking within the universe. # of Negative Qtrs
Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. # of Positive Qtrs Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. # of Positive Qtrs Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. # of Positive Qtrs
Returns are net of fees. Incept is September 30, 1992 to December 31, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is September 30, 1992 to December 31, 2009 Fiscal Year Returns Ending September Batting Average Returns are gross of fees. Incept is September 30, 1992 to December 31, 2009 Fiscal Year Returns Ending September Batting Average
Account Reconciliation Trailing Returns through December 31, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through December 31, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through December 31, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr
Beginning Value 5-25th %tile 25-50th %tile 50-75th %tile 75-95th %tile Fund Index Best Qtr Beginning Value Fund 75-95th %tile Fund Index Best Qtr Beginning Value Fund 75-95th %tile Fund Index Best Qtr
Net Flows 75-95th %tile Fund Index -20.00% Range Net Flows Return -40.00% Range Net Flows Return -5.00% Range
Investment G/L -10.00% -15.00% Worst 4 Qtrs Investment G/L %-tile -30.00% Worst 4 Qtrs Investment G/L %-tile 0.00% Worst 4 Qtrs
Ending Value -5.00% -10.00% Standard Deviation Ending Value Index -20.00% Standard Deviation Ending Value Index 5.00% Standard Deviation
12/31/2009 0.00% -5.00% Beta 12/31/2009 Return -10.00% Beta 12/31/2009 Return 10.00% Beta
Qtr 5.00% 0.00% Annualized Alpha Qtr %-tile 0.00% Annualized Alpha Qtr %-tile 15.00% Annualized Alpha
187,346 10.00% 5.00% R-Squared 94,581 Universe 10.00% R-Squared 83,244 Universe 20.00% R-Squared
-593 15.00% 10.00% Sharpe Ratio 1,944 5th %-tile 20.00% Sharpe Ratio -1,907 5th %-tile 25.00% Sharpe Ratio
6,002 20.00% 15.00% Treynor Ratio 5,812 25th %-tile 30.00% Treynor Ratio 375 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio
192,755 25.00% 20.00% Tracking Error 102,337 50th %-tile 40.00% Tracking Error 81,712 50th %-tile Fiscal Year Returns Ending September Tracking Error
2010 30.00% 25.00% Information Ratio 2010 75th %-tile 50.00% Information Ratio 2010 75th %-tile Fund Information Ratio
YTD 35.00% 30.00% Fund YTD 95th %-tile 60.00% Fund YTD 95th %-tile Return Fund
187,346 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr Qtr YTD 2009 2008 2007 2006 2005 2004 2003 2002 6 94,581 1 Yr Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 6 83,244 1 Yr %-tile 3
-593 Trailing Returns through December 31, 2009   Fiscal Year Returns Ending September 6 1,944 28 0.2773 Fiscal Year Returns Ending September   6 -1,907 9.29 0.0929 Index 9
6,002 Fund Fund 50 5,812 71 Fund 66.67 375 83 Return 50
192,755 Return   Return -10.81 102,337 29 0.2863 Return   -22.49 81,712 4.89 0.0489 %-tile -1.89
9/30/1992 %-tile %-tile 8.92 9/30/1992 2/29/1900 %-tile 14.99 9/30/1992 98 Universe 5.36
Incept Index Index 19.73 Incept 35.06 Index 37.48 Incept 30.91 5th %-tile 7.25
59,084 Return Return -20.09 18,638 32 Return -35.36 36,929 19.5 25th %-tile 2.5
-1,575 %-tile %-tile 11.23 1,212 29 %-tile 19.17 -12,302 14.29 50th %-tile 5.05
135,246 Universe Universe 0.99 82,487 27 Universe 0.95 57,085 10.24 75th %-tile 1.09
192,755  192,755,000 5th %-tile 5th %-tile 1.19 102,337   102,337,000 24 5th %-tile 2.93 81,712    81,712,000                                                                                                              6 95th %-tile 0.63
Investment Policy 25th %-tile ####### 25th %-tile 0.97 Investment Policy 2 Yr 25th %-tile 0.98 Investment Policy 2 Yr Qtr 0.92
Index 50th %-tile ####### 50th %-tile ####### -0.09 Index -9.14 -0.0914 50th %-tile -0.22 Index 7.14 0.0714 QU. FUND 0.1 0.001 0.95
S&P 500 1 Yr FUND 75th %-tile ####### 75th %-tile -1.06 S&P 500 22 75th %-tile -4.43 Barclays Capital Gov/Credit-Intermediate 4 UNIVERSE 49 4.42
Barclays Capital Gov/Credit-Intermediate UNIVERSE 95th %-tile ####### 95th %-tile ####### 1.9 Russell 1000 Growth -9.96 -0.0996   95th %-tile   2.83 Barclays Capital Gov/Credit Bond 5.14 0.0514 POLICY 0.03 0.0003 1.49
Barclays Capital Gov/Credit Bond POLICY 1 Yr ####### Qtr 0.62 Russell 1000 Value 46   Qtr 1.11 Total 32 59   0.79
Other 17.36 0.1736 Qtr 3.21 0.0321 Index Other 1 Yr FUND -7.8 Qtr -1.98 -0.0198 Index Weight 6.89 0.61 Index
Weight 94 0.94 UNIVERSE 54 0.54 6 Weight UNIVERSE -9.27 UNIVERSE 29 6 50 5.42 0.31   4
24 16.67 0.1667 POLICY 3.03 0.0303 6 52 POLICY -10.17 POLICY -1.9 -0.019 6 50 1 Yr FUND 4.38 0.09 8
23 97 66 0.66 50 18.5 -11 26 33.33 100 UNIVERSE 2.77 -0.1 50
23 29.76   4.64 -10.11 13 -12.18 -0.9 -22.43 Trailing Returns through December 31, 2009 POLICY -0.6 -0.36 -1.52
30 24.63   3.72 9.78 16.5 3 Yr -1.9   16.73 Fund 3 Yr YTD 5.63
Trailing Returns through December 31, 2009 21.85 3.27 19.89 Trailing Returns through December 31, 2009 -1.99 -0.0199 -2.42 39.16 Index 7.04 0.0704 0.07   7.15
Fund 19.73   2.88 -20.73 Fund 2 -3.3   -37.73 Diff 4 71 1.88
Index 17.01 2.36 11.15 Index -5.12 -0.0512 -4.73 20.08 1 Yr 5.87 0.0587 -0.12   4.45
Diff 2 Yr YTD 1 Diff 59 YTD 1 9.29 14 81 1
1 Yr -3.16 3.21 0.0321 0 1 Yr -2.69 6.28 0 4.89 6.61 2.16 0
17.36 0.1736 58 54 0.54 1 27.73 -3.88 12 1 4.4 5.3 1.15 1
16.67 -3.07 3.03 0.0303 -0.2 28.63 -4.92 5.07 -0.37 2 Yr 4.37 0.49 0.82
0.69 0.0069 55 66 0.66 -2.23 -0.9 -5.7 37 -7.34 7.14 3.13 -0.05 3.65
2 Yr -1.17 4.64 0 2 Yr -7.02 7.09 0 5.14 0.59 -0.53 0
-3.16 -2.14   3.72 Diff -9.14 4 Yr   5.48 Diff 1/2/1900 4 Yr 2005 Diff
-3.07 -2.93 -0.0293 3.27 0 -9.96 1.85 0.0185 4.59   0 3 Yr 6.32 2004 2.02 0.0202 -1
-0.09 3 YR FUND -3.79   2.88 0 0.82 2 3.64   0 7.04 4 UNIVERSE 68 1
3 Yr UNIVERSE -5.71 -0.0571 2.36 0 3 Yr -0.32 -0.0032 1.56     33.34 5.87 5.38 POLICY 2.02 0.0202 0
1.17 0.0117 POLICY 3 Yr   2009   -0.7 -1.99 44 2005 -0.06 1.17 17 68   -0.37
-0.01 1.17 0.0117 2004 1.4 0.014 -0.86 -5.12 3 YR FUND 1.15 2004 14.34 0.1434 -1.74 4 Yr 6.14 4.66 -0.27
1.18 0.0118 4   UNIVERSE 75   -0.16 3.13 UNIVERSE 0.11 UNIVERSE 41 -1.68 6.32 5.1 2.94   0.1
4 Yr -0.01 -0.0001 POLICY 1.8 0.018 0.64 4 Yr POLICY -0.48 POLICY 13.15 0.1315 2.37 5.38 3 YR FUND 4.38 2.38 0.62
3.26 28 67 0.08 1.85 -1.07 63 -0.91 0.94 UNIVERSE 3.49 1.89 0.6
2.43 1.07   5.66 -0.01 -0.32 -1.88 18.21 -0.05 5 Yr POLICY 1.53 1.28 0.09
0.83 0.11 3.68 1.19 2.17 5 Yr 15.44   2.93 5.39 5 Yr 2004 0.63
5 Yr -0.61   2.47 -0.03 5 Yr 2.89 0.0289 13.73 -0.02 4.68 5.39 0.0539 2003 3.49 0.0349 -0.08
3.51 -1.4 1.36 0.11 2.89 3 12.47   0.15 0.71 5 UNIVERSE 33 0.13
2.71 -3.02 -0.33 1.17 0.77 0.77 0.0077 9.75   2.91 6 Yr 4.68 0.0468 POLICY 3 0.03 0.77
0.8 4 Yr 2008   1.9 2.12 58 2004 2.83 5.13 18 49   1.49
6 Yr 3.26 2003 -11.16 -0.1116 5 Yr 5 Yr 6 Yr 2.6 2003 12.54 0.1254 5 Yr 5 Yr 4.51 5.28 7.43 5 Yr 5 Yr
4.08 2 UNIVERSE 20   # of Negative Qtrs 4.04 1.47 UNIVERSE 59 # of Negative Qtrs 0.62 4.49 3.83   # of Negative Qtrs
3.54 2.43 POLICY -10.76 -0.1076 # of Positive Qtrs 2.45 0.89 POLICY 13.64 0.1364 # of Positive Qtrs 7 Yr 3.94 2.96 # of Positive Qtrs
0.54 17 15 Batting Average 1.59 0.44 40 Batting Average 5.24 3.3 2.27 Batting Average
7 Yr 2.78   -9.93 Worst Qtr 7 Yr -0.51 18.31 Worst Qtr 4.5 1.81 1.54 Worst Qtr
5.79 2.24   -11.5 Best Qtr 1/7/1900 6 Yr 14.62 Best Qtr 1/0/1900 6 Yr 2003 Best Qtr
5.5 1.7 0.017 -12.72 Range 6.04 4.04 13.05 Range 8 Yr 5.13 2002 7.39 0.0739 Range
1/0/1900 5 YR FUND 1.17   -14.03 Worst 4 Qtrs 1/1/1900 8 11.06 Worst 4 Qtrs 5.89 10 UNIVERSE 21 Worst 4 Qtrs
8 Yr UNIVERSE 0.13 0.0013 -15.94 Standard Deviation 8 Yr 2.45 0.0245 8.09   Standard Deviation 5.23 4.51 POLICY 6.26 0.0626 Standard Deviation
1/4/1900 POLICY 5 Yr   2007   Beta 3.86 58 2003 Beta 0.66 26 27   Beta
3.64 3.51 0.0351 2002 15.31 0.1531 Annualized Alpha 1.85 5 YR FUND 4.3 0.043 2002 20.44 0.2044 Annualized Alpha 9 Yr 5.34 15.41 Annualized Alpha
0.73 3   UNIVERSE 1   R-Squared 2.01 UNIVERSE 3.25 UNIVERSE 88 R-Squared 6.23 4.53 0.0453 6.36   R-Squared
9 Yr 2.71 0.0271 POLICY 11.28 0.1128 Sharpe Ratio 9 Yr POLICY 2.62 POLICY 25.89 0.2589 Sharpe Ratio 5.61 5 YR FUND 3.97 4.78 Sharpe Ratio
3.63 20 46 Treynor Ratio 2.23 2.17 18 Treynor Ratio 0.62 UNIVERSE 3.39 0.0339 3.82 Treynor Ratio
2.86 3.18   13.67 Tracking Error 1/0/1900 1.52 28.13 Tracking Error 10 Yr POLICY 2.08 2.69 Tracking Error
0.77 2.58 12 Information Ratio 1/2/1900 7 Yr 25.31   Information Ratio 6.63 7 Yr 2002 Information Ratio
10 Yr 2.19   11.17 Fund Fund 10 Yr 7.19 23.7 Fund Fund 6.14 5.24 2001 8.77 0.0877 Fund Fund
2.73 1.74 10.36 8 0.38 18 21.94   8 0.49 17 UNIVERSE 6 6
1/2/1900 0.99 9.04 12 ############################################### 6.04 18.64   12 9/30/1992 4.5 POLICY 8.65 0.0865 14
0.37 6 Yr 2006   Batting Average 50 1.67 58 2002 Batting Average 60 Incept 35 8   Batting Average 55
9/30/1992 4.08 2001 7.57 0.0757 -10.81 9/30/1992 1/8/1900 2001 -9.95 -0.0995 -22.49 6.38 6.37 8.8 -1.89
Incept 9 UNIVERSE 24   8.92 Incept 6.84 UNIVERSE 5 14.99 1/6/1900 4.8 7.65   5.36
7.21 3.54 POLICY 7.18 0.0718 19.73 8.95 6.17 POLICY -20.84 -0.2084 37.48 0.32 4.14 6.86 7.25
6.48 30 39 -20.09 7.82 5.73 71 -35.36   Fiscal Year Returns Ending September 3.54 5.67 -0.51
0.73 4.2 8.54 Standard Deviation 9.17 1.13 5.12 -10.38 Standard Deviation 15.63 Fund 2.24 1.79 Standard Deviation 4.26
Fiscal Year Returns Ending September 3.64 7.48 Beta 0.99 Fiscal Year Returns Ending September 8 Yr -17.34 Beta 0.95 Index 8 Yr 2001 Beta 1.06
Fund 3.19 6.89 Annualized Alpha 0.8 0.008 Fund 3.86 -19.53 Annualized Alpha 2.11 0.0211 Diff 5.89 2000 13.27 0.1327 Annualized Alpha 0.41 0.0041
Index 2.86 6.27 R-Squared 0.97 Index 10 -21.08 R-Squared 0.98 12/31/2009 11 UNIVERSE 4 R-Squared 0.93
Diff 2.2 5.12 0.07 Diff 1.85 -23.77   0 Qtr 5.23 POLICY 13.04 0.1304 0.59
12/31/2009 7 Yr 2005   0.64 12/31/2009 3/6/1900 2001 0.01 0.44 23 7   2.37
Qtr 5.79 2000 8.74 0.0874 1.7 Qtr 4.24 2000 -31.03 -0.3103 2.55 0.05 6.14 13.13 1.18
3.21 0.0321 28 UNIVERSE 64   0.47 6.05 2.96 UNIVERSE 76 0.83 0.39 5.17 12.35   0.6
3.03 0.0303 5.5 POLICY 8.03 0.0803 Policy Index 5.98 2.22 POLICY -30.46 -0.3046 Policy Index 2010 4.6 11.69 Policy Index
0.18 41 85 8 0.07 1.65 73 8 YTD 4.08 10.55 7
2010 6.68 11.55 12 2010 1.07 -5.3 12 1/0/1900 3.17 0.57 13
YTD 5.87 10.25 50 YTD 9 Yr -17.68 40 0.05 9 Yr 2000 45
3.21 5.32 9.25 -10.11 6.05 2.23 -27.57 -22.43 0.39 6.23 6.22 -1.52
3.03 4.91 8.41 9.78 5.98 14 -30.96 16.73 2009 6 33 5.63
0.18 4.14 7.46 19.89 0.07 0.03 -39.84 39.16 14.65 5.61 6.47 7.15
2009 8 Yr 2004 -20.73 2009 70 2000 -37.73 10.74 17 17 -0.86
1.4 4.37 8.1 Standard Deviation 9.06 -6.65 3.59 17.11 Standard Deviation 16.32 3.91 6.24 6.94 Standard Deviation 3.87
1.8 13 87 1 -5.85 1.58 36 1 2008 5.36 6.33 1
-0.4 3.64 8.75 0 -0.8 0.48 12.38 0 2.5 4.86 5.96 0
2008 50 73 1 2008 -0.16 67 1 2.78 4.38 5.47 1
-11.16 4.94 12.64 -0.02 -18.93 -1.76 37.21 -0.13 -0.28 3.68 2.92 0.47
-10.76 4.09 10.66 -0.17 -21.41 10 Yr 20.71 -2.11 2007 10 Yr 1999 1.8
-0.4 3.63 9.7 0 2.48 0.38 14.58 0 5.02 6.63 -0.41 0
2007 3.18 8.65 Diff 2007 42 10.6 Diff 5.27 3 72 Diff
15.31 2.66 6.96 0 23.49 -1.29 2.15 0 -0.25 6.14 -0.5 -1
11.28 9 Yr 2003 0 16.43 82 1999 0 2006 11 75 1
4.03 3.63 12.74 0 7.06 4.04 30.59 20 3.52 6.44 3.72 10
2006 19 96 -0.7 2006 1.75 23 -0.06 3.43 5.73 1.67 -0.37
7.57 2.86 16.91 -0.86 11.04 -0.19 26.68 -1.74 0.09 5.28 0.54 -0.27
7.18 50 34 -0.16 10.36 -1.08 51 -1.68 2005 4.85 -0.58 0.1
0.39 4.29 21.87 0.64 0.68 -2.28 42.92 2.37 2.02 4.15 -2.06 0.35
2005 3.36 17.84 0.11 2005 Fiscal Year Returns Ending September 29.79 -0.69 2.02 Fiscal Year Returns Ending September 1998 0.39
8.74 2.85 15.88 -0.01 14.34 Fund 26.74 -0.05 0 Fund 11.65 0.06
8.03 2.39 14.67 0.8 13.15 Return 17.54 2.11 2004 Return 7 0.41
0.71 1.65 12.87 -0.03 1.19 %-tile 2.98 -0.02 3.42 %-tile 11.62 -0.07
2004 10 Yr 2002 0.09 2004 Index 1998 0.13 3 Index 8 0.12
8.1 2.73 -2.02 0.81 12.58 Return 6.61 2.12 0.42 Return 12.17 0.57
8.75 50 4 1.7 13.64 %-tile 37 2.55 2003 %-tile 9.97 1.18
-0.65 2.36 -7.82 10 Yr -1.06 Universe 10.1 10 Yr 7.39 Universe 8.86 10 Yr
2003 67 64 # of Negative Qtrs 2003 5th %-tile 11 # of Negative Qtrs 6.26 5th %-tile 7.67 # of Negative Qtrs
12.74 4.89 -2.67 # of Positive Qtrs 20.44 25th %-tile 12.45 # of Positive Qtrs 1.13 25th %-tile 2.96 # of Positive Qtrs
16.91 3.61 -5.63 Batting Average 1/25/1900 50th %-tile 8.45   Batting Average 6/24/1905 50th %-tile 16.26   Batting Average
-4.17 2.73 -7.23 Worst Qtr -5.45 75th %-tile 4.58 Worst Qtr 8.77 75th %-tile 12.82 Worst Qtr
6/24/1905 2.19 -8.35 Best Qtr 2002 95th %-tile -2.5   Best Qtr 8.65 95th %-tile 8.28   Best Qtr
-2.02 1.29 -10.45 Range -9.95 Qtr -15.76 Range 0.12 Qtr 27 Range
-7.82 5.05 -19.14 Worst 4 Qtrs ############################################### 6.05 0.0605 -17.25   Worst 4 Qtrs 6/23/1905 0.44 0.0044 9.46   Worst 4 Qtrs
5.8 4.43 Standard Deviation 10.89 29 19 Standard Deviation 13.27 63 3.7 Standard Deviation
6/23/1905 Beta 2001 5.98 0.0598 17.44   Beta 13.04 0.05 0.0005 2.37   Beta
-13.38 Annualized Alpha -31.03 34 15.88 Annualized Alpha 0.23 78 1.11 Annualized Alpha
############################################### R-Squared -30.46 6.81 14.26 R-Squared Returns in Up Markets 3.42 0.39 R-Squared
-1 Sharpe Ratio -0.57 6.13 YTD Sharpe Ratio Fund 1.57 YTD Sharpe Ratio
Returns in Up Markets Treynor Ratio Returns in Up Markets 5.77 12.31 Treynor Ratio Index 0.75 4.44 Treynor Ratio
Fund Tracking Error Fund 5.32 65 Tracking Error Ratio 0.11 37 Tracking Error
Index Information Ratio Index 4.59 13.02 Information Ratio 3 Yr -0.55 5.23 Information Ratio
Ratio Fund Ratio YTD 50 Fund 12.3 YTD 29 Fund
3 Yr 15 3 Yr 6.05 0.0605 17.59 17 11.1 0.44 0.0044 16.11 7
22.8 25 38.8 29 14.43 23 110.6 63 5.92 33
20.2 55 34.9 5.98 0.0598 13.01 57.5 5 Yr 0.05 0.0005 3.67 55
112.9 -10.81 111 34 11.77 -22.49 9.9 78 1.98 -2.18
5 Yr 8.92 5 Yr 6.81 9.97 14.99 9.4 3.42 0.87 5.36
16.9 19.73 27.2 6.13 2002 37.48 106.2 1.57 2002 7.54
15.7 -20.09 25.8 2002 FUND 5.77 -21.65   -35.36 10 Yr 2002 FUND 0.75 10.49   -0.51
107.5 8.64 4/14/1900 UNIVERSE 5.32 88 15.73 1/9/1900 UNIVERSE 0.11 11 4.03
10 Yr 0.94 10 Yr POLICY 4.59 -20.67   0.92 9.7 POLICY -0.55 11.02   0.97
1/15/1900 0.5 28 2009 84   1.54 101.6 2009 8 0.65
1/16/1900 0.95 1/28/1900 -6.65 -0.0665 -9.82 0.96 9/30/1992 14.65 11.72   0.94
96.1 -0.01 4/7/1900 78 -13.94 -0.16 Incept 17 9.31 0.94
9/30/1992 -0.12 9/30/1992 -5.85 -0.06 -16.68 -2.67 10.1 10.74 7.69   3.91
Incept 1.99 Incept 61 -19.33 3.29 10 59 4.45 0.99
16.6 0.19 28.3 -1.2 -23.14 0.51 100.9 16.61 -2.07 0.49
1/16/1900 Index 28.5 -3.83 2001 Index Returns in Down Markets 13.66 2001 Index
102.9 17 99.3 2001 FUND -5.29 -5.89   18 Fund 2001 FUND 11.53 8.73   10
Returns in Down Markets 23 Returns in Down Markets UNIVERSE -6.47 74 22 Index UNIVERSE 9.14 14 30
Fund 45 Fund POLICY -8.27 -11.08   42.5 Ratio POLICY 5.63 8.51   45
Index -10.11 Index 2008 96 -22.43 3 Yr 2008 18 -2.84
Ratio 9.86 Ratio -18.93 -0.1893 5.46 16.73 -2.7 2.5 9.68   5.63
3 Yr 19.97 3 Yr 5 -0.02 39.16 -3.9 9 8.13 8.47
-16.7 -20.73 -30.8 -21.41 -0.2141 -3.26 -37.73 69.4 2.78 7.33   -0.86
-16.8 8.95 -33.3 37 -6.04 16.72 5 Yr 8 6.21 4.02
99.1 1 92.4 -19.11 -10.93 1 -2.6 3.19 0.36 1
5 Yr 0 5 Yr -20.94 2000 0 -3.5 0.07 2000 0
-13.7 1 -25.2 2000 FUND -21.84 -5.56   1 73.7 2000 FUND -2.48 12.61   1
-14.1 -0.05 -27.8 UNIVERSE -22.73 98 -0.25 10 Yr UNIVERSE -5.37 8 0.82
97.5 -0.48 90.6 POLICY -24.01 -6.49   -4.13 -2.4 POLICY -10.07 11.84   3.3
10 Yr 0 10 Yr 2007 99 0 -3.8 2007 15 0
-12.5 Diff -25.4 23.49 0.2349 16.45 Diff 62.8 5.02 13.05   Diff
-13.8 -2 ############################################### 1 9.38 -1 9/30/1992 19 11.01 -3
90 2 89 16.43 0.1643 5.82 1 Incept 5.27 9.44   3
9/30/1992 10 9/30/1992 3/10/1900 1.47 15 -2.7 16 7.02 10
Incept -0.7 Incept 21.04 -4.06 -0.06 -3.5 6.16 -8.83 0.66
-11.5 -0.94 -25 18.26 1999 -1.74 77.1 4.8 1999 -0.27
-12.7 -0.24 -27.8 1999 FUND 17.03 19.52   -1.68 1999 FUND 4.05 -2.72   -0.93
90.9 0.64 90 UNIVERSE 16.09 46 2.37 UNIVERSE 3.34 88 0.35
-0.31 POLICY 13.55 20.41   -0.99 POLICY 2.49 -2.15   0.01
-0.06 2006 41 -0.08 2006 83 -0.03
0.5 11.04 0.1104 35.59 1.54 3.52 7   0.65
-0.05 21 24.4 -0.04 51 2.72 -0.06
0.04 10.36 0.1036 18.88 0.09 3.43 0.33   0.12
0.36 33 13.96 1.46 56 -1.4 0.61
1.99 12.57 8.02 3.29 5.33 -3.93 0.99
Incept 10.72 1998 Incept 4 1998 Incept
# of Negative Qtrs 1998 FUND 9.65 16.91   # of Negative Qtrs 1998 FUND 3.53 9.74   # of Negative Qtrs
# of Positive Qtrs UNIVERSE 8.5 13 # of Positive Qtrs UNIVERSE 3.11 7 # of Positive Qtrs
Batting Average POLICY 6.24 20.4   Batting Average POLICY 2.62 9.47   Batting Average
Worst Qtr 2005 6 Worst Qtr 2005 8 Worst Qtr
Best Qtr 14.34 0.1434 21.24 Best Qtr 2.02 9.93   Best Qtr
Range 51 14.25 Range 68 8.09 Range
Worst 4 Qtrs 13.15 0.1315 9.97 Worst 4 Qtrs 2.02 6.94 Worst 4 Qtrs
Standard Deviation 74 6.68 Standard Deviation 68 5.76 Standard Deviation
Beta 18.22 1.46 Beta 4.66 -0.13 Beta
Annualized Alpha 16.1 1997 Annualized Alpha 2.94 1997 Annualized Alpha
R-Squared 14.37 38.59 R-Squared 2.38 8.55 R-Squared
Sharpe Ratio 13.09 1 Sharpe Ratio 1.89 54 Sharpe Ratio
Treynor Ratio 11.55 30.86 Treynor Ratio 1.28 9.75 Treynor Ratio
Tracking Error 2004 16 Tracking Error 2004 26 Tracking Error
Information Ratio 12.58 0.1258 33.38 Information Ratio 3.42 14.34 Information Ratio
Fund 79 29.54 Fund 35 9.77 Fund
18 13.64 26.7 20 3 8.72 15
51 66 23.64 49 49 7.12 54
56.52 19.2 16.88 53.62 7.43 5.89 60.87
-10.81 16.4 1996 -22.49 3.83 1996 -2.78
11.33 14.35 19.67 22.14 2.96 5.98 5.99
22.14 12.86 69 44.63 2.27 20 8.77
-20.09 9.56 21.34 -35.36 1.54 2.91 -3.65
8.12 2003 52 14.77 2003 74 3.95
0.97 20.44 28.78 0.94 7.39 13.49 0.99
0.87 92 24.05 1.53 21 5.37 0.35
0.93 25.89 21.49 0.94 6.26 3.97 0.95
0.44 29 18.8 0.36 27 2.83 0.7
3.71 29.52 14.89 5.68 15.41 1.19 2.8
2.13 26.16 1995 3.63 6.36 1995 0.86
0.34 24.62 37.47 0.31 4.78 23.05 0.37
Index 22.65 31.79 Index 3.82 18.43 Index
21 19.02 28.75 21 2.69 16.26 19
48 2002 25.73 48 2002 12.82 50
43.48 -9.95 21.74 46.38 8.77 8.28 39.13
-10.11 5 -22.43 6 -2.84
10.38 -20.84 21.13 8.65 5.74
20.49 84 43.56 8 8.58
-20.73 -10.13 -37.73 8.8 -2.9
8.05 -16.53 15.32 7.65 3.89
1 -18.48 1 6.86 1
0 -20.39 0 5.67 0
1 -21.97 1 1.79 1
0.36 0.27 0.63
2.87 4.21 2.45
0 0 0
Diff Diff Diff
-3 -1 -4
3 1 4
13.04 7.24 21.74
-0.7 -0.06 0.06
0.95 1.01 0.25
1.65 1.07 0.19
0.64 2.37 -0.75
0.07 -0.55 0.06
-0.03 -0.06 -0.01
0.87 1.53 0.35
-0.07 -0.06 -0.05
0.08 0.09 0.07
0.84 1.47 0.35
2.13 3.63 0.86