Hollywood Police Officers' Pension Fund
September 30, 2005
Total Fund
		5 Year Return (p1)				5 Year Standard Deviation (p22)				Size		(p1)
		Fund	Policy	Ratio		Fund	Policy	Ratio
12/31/2004		2.33	2.8	-0.47		8.06	8.43	-0.37		0.343		Original Amount	59,084
3/31/2005		1.91	2.04	-0.13		7.77	8.05	-0.28		0.49		Net Flows	-659
6/30/2005		2.37	2.64	-0.27		7.68	7.99	-0.31		0.7		Gain/Loss	114,172
9/30/2005		2.76	2.1	0.66		7.41	8.1	-0.69		1
												Total	172,597
Inverness Equities
		5 Year Return (p46)				5 Year Standard Deviation (p54)				Size		(p43)
		Fund	Policy	Ratio		Fund	Policy	Ratio
12/31/2004		-1.87	-2.3	0.43		16.05	16.21	-0.16		0.343		Original Amount	18,638
3/31/2005		-2.01	-3.16	1.15		15.76	15.5	0.26		0.49		Net Flows	-25,303
6/30/2005		-1.55	-2.37	0.82		15.72	15.47	0.25		0.7		Gain/Loss	68,601
9/30/2005		-0.16	-1.49	1.33		15.42	15.13	0.29		1
												Total	61,936
DHJ Total (Equity + Cash)
		5 Year Return (p56)				5 Year Standard Deviation (p62)				Size		(p53)
		Fund	Policy	Ratio		Fund	Policy	Ratio
12/31/2004		-4.16	-2.88	-1.28		14.91	15.82	-0.91		0.343		Original Amount	10,795
3/31/2005		-4.52	-3.16	-1.36		14.61	15.5	-0.89		0.49		Net Flows	13,591
6/30/2005		-4.05	-10.36	6.31		14.63	20.4	-5.77		0.7		Gain/Loss	-2,024
9/30/2005		-3.95	-8.64	4.69		14.47	19.64	-5.17		1
												Total	22,362
Inverness Fixed Income
		5-Year Return (p25)				5-Year Standard Deviation (p33)				Size
		Fund	Policy	Ratio		Fund	Policy	Ratio
12/31/2004		7.91	7.61	0.3		3.74	4.13	-0.39		0.343
3/31/2005		7.43	7	0.43		3.77	4.17	-0.4		0.49
6/30/2005		7.72	7.29	0.43		3.69	4.11	-0.42		0.7
9/30/2005		6.91	6.52	0.39		3.82	4.23	-0.41		1