HOLLYWOOD POLICE
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LOCK |
INVERNESS EQUITY EXECUTIVE HERE |
LOCK |
LOCK |
INVERNESS EQ. UNIVERSE HERE(p1) |
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INVERNESS EQ. UNIVERSE HERE(p2) |
LOCK |
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INVERNESS EQUITY RISK HERE |
LOCK |
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DHJ EQUITY EXECUTIVE HERE |
LOCK |
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DHJ EQUITY EXECUTIVE HERE(p1) |
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DHJ EQUITY EXECUTIVE HERE(P2) |
LOCK |
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DHJ EQUITY RISK HERE |
LOCK |
EAGLE SMALL CAP EXECUTIVE HERE |
LOCK |
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EAGLE SMALL CAP UNIVERSE HERE(P1) |
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EAGLE SMALL CAP UNIVERSE HERE(p2) |
LOCK |
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EAGLE SMALL CAP RISK HERE |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
% |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
% |
Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
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Hollywood Police Pension Fund |
% |
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Inverness Stock Returns |
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Inverness Stock Returns |
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Inverness Stock Returns |
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Inverness Stock Returns |
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DHJ Total Gross Returns (Stocks +
Cash) |
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DHJ Total Gross Returns (Stocks +
Cash) |
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DHJ Total Gross Returns (Stocks +
Cash) |
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DHJ Total Gross Returns (Stocks +
Cash) |
EAM Gross Total (Stocks + Cash) |
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EAM Gross Total (Stocks + Cash) |
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EAM Gross Total (Stocks + Cash) |
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EAM Gross Total (Stocks + Cash) |
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Executive Summary |
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Universe Comparisons |
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Universe Comparisons |
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Risk Measures |
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Executive Summary |
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Universe Comparisons |
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Universe Comparisons |
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Risk Measures |
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Executive Summary |
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Universe Comparisons |
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Universe Comparisons |
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Risk Measures |
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43 |
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Broad Large Cap Core |
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Broad Large Cap Core |
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51 |
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53 |
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Broad Large Cap Growth Core |
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Broad Large Cap Growth Core |
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59 |
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61 |
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Broad Small Cap |
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Broad Small Cap |
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67 |
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Inception date is September 30, 1992 |
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45 |
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46 |
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3 Yr |
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Inception date is March 31, 2000 |
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55 |
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56 |
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2 Yr |
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Inception date is March 31, 2003 |
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63 |
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64 |
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Incept |
1 Yr |
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All dollar values are shown in thousands. |
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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. |
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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 |
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All dollar values are shown in thousands. |
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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 |
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Returns for periods exceeding one
year are annualized. |
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Returns for periods exceeding one
year are annualized. |
Returns for periods exceeding one
year are annualized. |
# of Positive Qtrs |
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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 |
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Returns for periods exceeding one
year are annualized. |
Returns for periods exceeding one
year are annualized. |
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Returns for periods exceeding one
year are annualized. |
# of Positive Qtrs |
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Returns are gross of fees. |
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Incept is September 30, 1992 to
September 30, 2004 |
Calendar Year Returns |
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Batting Average |
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Returns are gross of fees. |
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Incept is March 31, 2000 to
September 30, 2004 |
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Calendar Year Returns |
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Batting Average |
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Returns are gross of fees. |
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Incept is March 31, 2003 to
September 30, 2004 |
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Calendar Year Returns |
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Batting Average |
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Account Reconciliation |
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Trailing Returns through September
30, 2004 |
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5-25th %tile 25-50th %tile 50-75th %tile |
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Worst Qtr |
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Account Reconciliation |
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Trailing Returns through September
30, 2004 |
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5-25th %tile 25-50th %tile 50-75th
%tile |
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Worst Qtr |
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Account Reconciliation |
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Trailing Returns through September
30, 2004 |
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5-25th %tile 25-50th %tile 50-75th %tile |
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Worst Qtr |
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Beginning Value |
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5-25th %tile 25-50th %tile 50-75th
%tile |
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75-95th %tile Fund S&P 500 |
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Best Qtr |
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Beginning Value |
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5-25th %tile 25-50th %tile 50-75th
%tile |
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75-95th %tile Fund S&P500 |
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Best Qtr |
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Beginning Value |
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5-25th %tile 25-50th %tile 50-75th %tile |
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75-95th %tile Fund FR2000 |
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Best Qtr |
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Net Flows |
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75-95th %tile Fund S&P 500 |
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-30.00% |
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Range |
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Net Flows |
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75-95th %tile Fund S&P500 |
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-40.00% |
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Range |
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Net Flows |
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75-95th %tile Fund FR2000 |
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-40.00% |
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Range |
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Investment G/L |
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-10.00% |
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-20.00% |
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Worst 4 Qtrs |
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Investment G/L |
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-15.00% |
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-30.00% |
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Worst 4 Qtrs |
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Investment G/L |
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-10.00% |
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-30.00% |
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Worst 4 Qtrs |
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Ending Value |
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-5.00% |
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-10.00% |
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Standard Deviation |
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Ending Value |
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-10.00% |
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-20.00% |
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Standard Deviation |
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Ending Value |
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0.00% |
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-20.00% |
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Standard Deviation |
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9/30/2004 |
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0.00% |
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0.00% |
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Beta |
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9/30/2004 |
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-5.00% |
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-10.00% |
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Beta |
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9/30/2004 |
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10.00% |
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-10.00% |
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Beta |
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Qtr |
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5.00% |
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10.00% |
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Annualized Alpha |
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Qtr |
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0.00% |
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0.00% |
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Annualized Alpha |
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Qtr |
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20.00% |
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0.00% |
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Annualized Alpha |
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60,898 |
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10.00% |
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20.00% |
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R-Squared |
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18,806 |
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5.00% |
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10.00% |
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R-Squared |
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7,042 |
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30.00% |
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10.00% |
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R-Squared |
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-2,618 |
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15.00% |
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30.00% |
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Sharpe Ratio |
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1,010 |
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10.00% |
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20.00% |
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Sharpe Ratio |
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-14 |
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40.00% |
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20.00% |
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Sharpe Ratio |
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-1,215 |
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20.00% |
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40.00% |
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Treynor Ratio |
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-917 |
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15.00% |
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30.00% |
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Treynor Ratio |
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-99 |
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50.00% |
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30.00% |
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Treynor Ratio |
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57,066 |
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25.00% |
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50.00% |
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Tracking Error |
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18,899 |
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20.00% |
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40.00% |
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Tracking Error |
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6,929 |
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60.00% |
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40.00% |
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Tracking Error |
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2004 |
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30.00% |
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60.00% |
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Information Ratio |
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2004 |
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25.00% |
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50.00% |
|
Information Ratio |
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2004 |
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Qtr YTD 1 Yr Incept |
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50.00% |
|
Information Ratio |
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YTD |
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1 Yr 2 Yr 3 Yr 4 Yr 5 Yr
6 Yr 7 Yr 8 Yr 9 Yr 10 Yr |
|
Qtr YTD 2003 2002 2001 2000 1999
1998 1997 1996 |
Fund |
|
YTD |
|
30.00% |
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60.00% |
|
Fund |
|
YTD |
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Trailing Returns through
September 30, 2004 |
|
60.00% |
|
Fund |
Fund |
|
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65,370 |
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Trailing Returns through
September 30, 2004 |
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Calendar Year Returns |
|
4 |
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18,651 |
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2 Qtrs |
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70.00% |
|
3 |
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6,517 |
|
Fund |
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70.00% |
|
1 |
|
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-9,150 |
|
Fund |
|
Fund |
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8 |
|
969 |
|
3 Qtrs |
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Qtr YTD 2003 2002 2001 2000 1999
1998 1997 1996 |
5 |
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-42 |
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Return |
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Qtr YTD 2003 2002 2001 2000 1999
1998 1997 1996 |
3 |
|
|
845 |
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Return |
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Return |
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58.33 |
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-721 |
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1 Yr |
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Calendar Year Returns |
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25 |
|
454 |
|
%-tile |
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Calendar Year Returns |
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Batting Average |
50 |
|
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57,066 |
|
%-tile |
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%-tile |
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-14.76 |
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18,899 |
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2 Yr |
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Fund |
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-4.92 |
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6,929 |
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FR2000 |
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Fund |
|
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-1.39 |
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9/30/1992 |
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S&P 500 |
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S&P 500 |
|
14.77 |
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3/31/2000 |
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3 Yr |
|
Return |
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10.56 |
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3/31/2003 |
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Return |
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Return |
|
|
14.47 |
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|
Incept |
|
Return |
|
Return |
|
29.53 |
|
Incept |
|
4 Yr |
|
%-tile |
|
15.48 |
|
Incept |
|
%-tile |
|
%-tile |
|
|
15.86 |
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18,638 |
|
%-tile |
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%-tile |
|
-19.42 |
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10,795 |
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5 Yr |
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S&P500 |
|
4.69 |
|
4,822 |
|
Universe |
|
FR2000 |
|
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22.46 |
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-22,242 |
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Universe |
|
Universe |
|
13.77 |
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12,614 |
|
6 Yr |
|
Return |
|
11.3 |
|
-75 |
|
5th %-tile |
|
Return |
|
Standard Deviation |
10.2 |
|
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60,670 |
|
5th %-tile |
|
5th %-tile |
|
0.87 |
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-4,509 |
|
7 Yr |
|
%-tile |
|
0.89 |
|
2,182 |
|
25th %-tile |
|
%-tile |
|
Beta |
0.69 |
|
|
57,066 |
57,066,000 |
|
25th %-tile |
|
25th %-tile |
|
4.31 |
|
18,899 |
18,899,000 |
|
8 Yr |
|
Universe |
|
-4.37 |
|
6,929 |
6,929,000 |
|
50th %-tile |
|
Universe |
|
Annualized Alpha |
8.68 |
0.0868 |
|
Investment Policy |
|
50th %-tile |
|
50th %-tile |
|
0.93 |
|
Investment Policy |
|
Trailing Returns through September
30, 2004 |
|
5th %-tile |
|
0.91 |
|
Investment Policy |
|
75th %-tile |
|
5th %-tile |
|
R-Squared |
0.88 |
|
|
Index |
|
75th %-tile |
|
75th %-tile |
|
0.48 |
|
Index |
|
Fund |
|
QU. FUND |
25th %-tile |
#VALUE! |
|
0.94 |
|
Index |
|
95th %-tile |
|
25th %-tile |
|
2.1 |
|
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S&P 500 |
|
95th %-tile |
|
95th %-tile |
|
7.64 |
|
S&P 500 |
|
Return |
|
UNIVERSE |
50th %-tile |
|
11.94 |
|
Russell 2000 |
|
Qtr |
|
50th %-tile |
|
31.04 |
|
|
Total |
|
1 Yr |
|
Qtr |
|
4.02 |
|
Total |
|
%-tile |
|
POLICY |
75th %-tile |
#VALUE! |
|
3.58 |
|
Total |
|
-1.39 |
|
75th %-tile |
|
5.56 |
|
|
Weight |
|
13.63 |
0.1363 |
QU. FUND |
-1.92 |
-0.0192 |
|
1 |
|
Weight |
|
S&P500 |
|
95th %-tile |
|
-2.03 |
|
Weight |
|
33 |
|
95th %-tile |
|
|
0.66 |
|
|
100 |
|
39 |
|
UNIVERSE |
44 |
|
S&P |
|
100 |
|
Return |
|
Qtr |
|
S&P500 |
|
100 |
|
-2.86 |
|
Qtr. FUND |
Qtr |
|
Policy |
FR2000 |
|
|
100 |
|
13.87 |
0.1387 |
POLICY |
-1.87 |
-0.0187 |
|
500 |
|
100 |
|
%-tile |
|
-4.92 |
-0.0492 |
|
2 |
|
100 |
|
60 |
|
UNIVERSE |
-1.39 |
-0.0139 |
|
1 |
|
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Trailing Returns through September
30, 2004 |
1 Yr FUND |
35 |
|
39 |
|
4 |
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Trailing Returns through September
30, 2004 |
|
Universe |
|
69 |
|
6 |
|
Trailing Returns through September
30, 2004 |
|
0.94 |
|
POLICY |
33 |
|
3 |
|
|
Fund |
|
UNIVERSE |
19.71 |
|
0.78 |
|
8 |
|
Fund |
|
5th %-tile |
|
-1.87 |
-0.0187 |
|
75 |
|
Fund |
|
-1.02 |
|
-2.86 |
-0.0286 |
|
50 |
|
|
S&P 500 |
|
POLICY |
14.67 |
|
-1.44 |
|
41.67 |
|
S&P500 |
|
25th %-tile |
|
18 |
|
-3.15 |
|
FR2000 |
|
-2.32 |
|
60 |
|
-2.86 |
|
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Diff |
|
13.19 |
|
|
-1.97 |
|
-17.28 |
|
Diff |
|
50th %-tile |
|
0.46 |
|
15.39 |
|
Diff |
|
-3.95 |
|
0.94 |
|
14.52 |
|
|
1 Yr |
|
10.23 |
|
|
-2.71 |
|
|
15.39 |
|
1 Yr |
|
75th %-tile |
|
|
-2.53 |
|
18.54 |
|
1 Yr |
|
-6.74 |
|
-1.02 |
|
|
17.38 |
|
|
13.63 |
|
5.93 |
|
|
-5.06 |
|
32.67 |
|
1/4/1900 |
|
95th %-tile |
|
|
-4.32 |
|
13.87 |
|
1/22/1900 |
|
YTD |
|
-2.32 |
|
18.78 |
|
|
13.87 |
|
2 Yr |
|
YTD |
|
|
-24.76 |
|
13.87 |
|
2 Qtrs |
|
|
-5.14 |
|
12.14 |
|
18.78 |
|
6.98 |
|
-3.95 |
|
Standard Deviation |
13.92 |
|
|
-0.24 |
|
17.01 |
|
1.4 |
|
15.21 |
|
-9.18 |
|
-3.34 |
|
-7.13 |
|
1 |
|
3.68 |
|
27 |
|
-6.74 |
|
1 |
|
|
2 Yr |
|
65 |
|
40 |
|
1 |
|
2 Yr |
|
59 |
|
YTD |
|
0 |
|
2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9
Yr 10 Yr |
|
3.71 |
|
YTD |
|
0 |
|
|
17.01 |
|
19.02 |
|
1.51 |
|
0 |
|
1/11/1900 |
|
-0.18 |
|
-3.91 |
|
1 |
|
3/31/2003 |
|
55 |
|
6.98 |
|
1 |
|
|
19.02 |
|
28 |
|
37 |
|
1 |
|
19.02 |
|
11 |
|
80 |
|
1.47 |
|
Incept |
|
10.67 |
|
27 |
|
1.27 |
|
|
-2.01 |
|
22.91 |
|
5.3 |
|
0.17 |
|
-7.26 |
|
0.82 |
|
1.51 |
|
17.89 |
|
28.36 |
|
7.17 |
|
3.71 |
|
17.74 |
|
|
3 Yr |
|
19.25 |
|
2.08 |
|
2.64 |
|
3 Yr |
|
-1.31 |
|
18 |
|
0 |
|
36.74 |
|
4.06 |
|
55 |
|
0 |
|
|
1/8/1900 |
|
18.23 |
|
1.09 |
|
0 |
|
1.18 |
|
-2.9 |
|
4.58 |
|
Diff |
|
-8.38 |
|
INCEPTION |
1.2 |
|
10.67 |
|
Diff |
|
Incept ROR |
4.05 |
|
15.44 |
|
-0.55 |
|
Diff |
|
|
1/4/1900 |
|
-4.2 |
|
2002 FUND |
0.72 |
0.0072 |
|
1 |
|
Calendar Year Returns |
|
UNIVERSE |
-2.48 |
|
7.17 |
|
0 |
|
Fund |
4.01 |
|
11.82 |
|
-3.41 |
|
0 |
|
|
-2.87 |
|
-6.65 |
|
UNIVERSE |
-1.83 |
|
-1 |
|
Fund |
|
POLICY |
1 Yr |
|
4.06 |
|
0 |
|
Policy |
4 Yr |
|
3 Yr |
|
2003 |
|
0 |
|
|
4 Yr |
|
3 Qtrs |
|
POLICY |
-3.56 |
-0.0356 |
|
-50 |
|
FR2000 |
|
22.46 |
0.2246 |
|
1.2 |
|
0 |
|
|
-3.43 |
|
8.06 |
0.0806 |
2002 FUND |
29.18 |
0.2918 |
|
16.66 |
|
############################## |
|
-3.91 |
|
-6.78 |
|
-1.77 |
|
Diff |
|
26 |
|
-2.48 |
|
1.47 |
|
|
-4.65 |
|
10 |
|
UNIVERSE |
29 |
|
2.52 |
|
############################## |
|
80 |
|
2003 |
|
-4.83 |
|
9/30/2004 |
|
18.78 |
0.1878 |
|
2003 |
|
-0.05 |
|
|
1.22 |
|
4.05 |
0.0405 |
POLICY |
28.68 |
0.2868 |
|
-0.62 |
|
-3.15 |
|
1.51 |
|
22.53 |
0.2253 |
|
-3.06 |
|
Qtr |
|
54 |
|
59.11 |
|
-1.52 |
|
|
5 Yr |
|
3 Yr FUND |
39 |
|
34 |
|
-3.14 |
|
5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr |
|
18 |
|
|
85 |
|
-9.18 |
|
-1.39 |
|
|
28.92 |
|
45.79 |
|
3.68 |
|
|
0.20 |
|
UNIVERSE |
10.04 |
|
35.07 |
|
5.34 |
|
3/31/2000 |
|
4.58 |
|
28.68 |
0.2868 |
|
-0.84 |
|
################################# |
|
22.49 |
|
40.3 |
|
-3.72 |
|
|
-1.31 |
|
POLICY |
5.12 |
|
29.63 |
|
-1.44 |
|
Incept |
|
0.72 |
|
37 |
|
-0.11 |
|
1.47 |
|
19.1 |
|
36.49 |
|
-0.31 |
|
|
1.51 |
|
3.7 |
|
|
27.91 |
|
-0.13 |
|
-6.58 |
|
-1.83 |
|
38.01 |
|
-4.37 |
|
2004 |
|
16.07 |
|
29.24 |
|
8.68 |
|
|
6 Yr |
|
2.36 |
|
|
25.2 |
|
|
4.31 |
|
-4.92 |
|
-3.56 |
|
2001 FUND |
30.97 |
|
-0.09 |
|
YTD |
|
3 Yr FUND |
8.02 |
|
2002 |
|
|
-0.12 |
|
|
4.73 |
|
-0.78 |
|
|
20.9 |
|
-0.07 |
|
-1.66 |
|
-6.78 |
|
UNIVERSE |
26.77 |
|
-0.53 |
|
1/6/1900 |
|
UNIVERSE |
Incept |
|
-4.62 |
|
0.83 |
|
|
2.88 |
|
4 Yr |
|
2002 |
|
|
0.31 |
|
Calendar Year Returns |
|
1 Yr FUND |
1 Yr |
|
POLICY |
24.36 |
|
-5.95 |
|
3.71 |
|
POLICY |
28.36 |
|
-12.79 |
|
|
13.3 |
|
|
1.85 |
|
-3.43 |
|
2001 FUND |
-16.08 |
-0.1608 |
|
5 |
|
Fund |
|
UNIVERSE |
4.69 |
0.0469 |
|
20.43 |
|
3.58 |
|
3.27 |
|
82 |
|
-17 |
|
5.56 |
|
|
7 Yr |
|
30 |
|
UNIVERSE |
8 |
|
4.02 |
|
S&P500 |
|
POLICY |
87 |
|
2002 |
|
3 Yr |
|
2003 2002 2001 2000 1999 1998 1997
1996 1995 |
|
36.74 |
|
-22.21 |
|
Incept |
|
|
4.99 |
|
-4.65 |
|
POLICY |
-22.1 |
-0.221 |
5 Yr |
5 Yr |
|
Diff |
|
13.87 |
0.1387 |
|
-18.73 |
-0.1873 |
|
# of Negative Qtrs |
|
Returns in Up Markets |
|
25 |
|
-30.29 |
|
# of Negative Qtrs |
|
|
1/3/1900 |
|
47 |
|
47 |
|
# of Negative Qtrs |
|
9/30/2004 |
|
10 |
|
9 |
|
# of Positive Qtrs |
|
Fund |
|
43.57 |
|
2001 |
|
# of Positive Qtrs |
|
|
1.1 |
|
3.07 |
|
-15.02 |
|
# of Positive Qtrs |
|
Qtr |
|
15.25 |
|
-22.1 |
-0.221 |
|
Batting Average |
|
FR2000 |
|
36.62 |
|
28.96 |
|
Batting Average |
|
|
8 Yr |
|
-2.38 |
|
-19.91 |
|
Batting Average |
|
-4.92 |
|
11.67 |
|
19 |
|
Worst Qtr |
|
Ratio |
|
33.59 |
|
15.1 |
|
Worst Qtr |
|
|
1/8/1900 |
|
|
-4.82 |
|
-22.25 |
|
Worst Qtr |
|
############################## |
|
8.28 |
|
-15.91 |
|
Best Qtr |
|
1 Yr |
|
30.21 |
|
6 |
|
Best Qtr |
|
|
7.89 |
|
|
-6.03 |
|
-23.64 |
|
Best Qtr |
|
-3.05 |
|
6.32 |
|
2000 FUND |
-23 |
|
Range |
|
1/24/1900 |
|
23.68 |
|
-2.67 |
|
Range |
|
|
0.47 |
|
-9.79 |
|
-26.8 |
|
Range |
|
2004 |
|
2.06 |
|
UNIVERSE |
-25.5 |
|
Worst 4 Qtrs |
|
22.3 |
|
34.21 |
|
-14.89 |
|
Worst 4 Qtrs |
|
|
9 Yr |
|
5 Yr |
|
2001 |
|
Worst 4 Qtrs |
|
YTD |
|
2 Yr |
|
N/A |
-28.94 |
|
Standard Deviation |
|
108.6 |
|
2000 |
|
Standard Deviation |
|
|
9.6 |
|
0.2 |
0.002 |
2000 FUND |
-8.82 |
-0.0882 |
|
Standard Deviation |
|
############################## |
|
11.76 |
|
-32.42 |
|
Beta |
|
3/31/2003 |
|
32.63 |
|
Beta |
|
|
9.31 |
|
33 |
|
UNIVERSE |
26 |
|
Beta |
|
1.51 |
|
85 |
|
2001 |
|
Annualized Alpha |
|
Incept |
|
20.08 |
|
Annualized Alpha |
|
|
0.29 |
|
-1.31 |
-0.0131 |
POLICY |
-11.88 |
-0.1188 |
|
Annualized Alpha |
|
-5.42 |
|
19.02 |
|
-14.21 |
-0.1421 |
|
R-Squared |
|
36.5 |
|
11.34 |
|
R-Squared |
|
|
10 Yr |
|
5 Yr FUND |
53 |
|
48 |
|
R-Squared |
|
2003 |
|
11 |
|
18 |
|
Sharpe Ratio |
|
49 |
|
2.49 |
|
Sharpe Ratio |
|
|
10.96 |
|
UNIVERSE |
8.56 |
|
0.69 |
|
Sharpe Ratio |
|
22.53 |
|
20.84 |
|
-11.88 |
-0.1188 |
|
Treynor Ratio |
|
74.4 |
|
-14.08 |
|
Treynor Ratio |
|
|
1/11/1900 |
|
POLICY |
1.26 |
|
-8.82 |
|
Treynor Ratio |
|
1/28/1900 |
|
|
16.45 |
|
|
2 |
|
Tracking Error |
|
Returns in Down Markets |
|
1999 |
|
Tracking Error |
|
|
-0.22 |
|
-1.24 |
|
|
-12.07 |
|
Tracking Error |
|
-6.15 |
|
14.61 |
|
|
-12.27 |
|
Information Ratio |
|
Fund |
|
49.45 |
|
Information Ratio |
|
|
9/30/1992 |
|
-2.1 |
|
|
-13.76 |
|
|
Information Ratio |
|
2002 |
|
12.68 |
|
-15.3 |
|
Fund |
|
FR2000 |
|
5 Yr FUND |
|
29.79 |
|
|
Fund |
|
|
Incept |
|
-5.26 |
|
|
-19.6 |
|
Fund |
Fund |
|
-18.73 |
|
9.47 |
|
|
-19.4 |
|
5 |
|
Ratio |
|
N/A |
|
15.79 |
|
1 |
|
|
11.19 |
|
6 Yr |
|
2000 |
|
|
9 |
|
-22.1 |
|
3 Yr FUND |
3 Yr |
|
|
-22.65 |
|
7 |
|
1 Yr |
|
|
|
5.54 |
|
|
5 |
|
|
10.73 |
|
4.73 |
|
1999 FUND |
-15.65 |
-0.1565 |
|
11 |
|
3.37 |
|
UNIVERSE |
1.18 |
0.0118 |
|
-26.27 |
|
41.67 |
|
################################# |
|
-3.68 |
|
33.33 |
|
|
0.46 |
|
27 |
|
UNIVERSE |
96 |
|
Batting Average |
55 |
|
2001 |
|
POLICY |
56 |
|
2000 |
|
-14.71 |
|
-2.9 |
|
1998 |
|
-1.39 |
|
|
Calendar Year Returns |
|
2.88 |
|
POLICY |
-9.11 |
-0.0911 |
|
-15.47 |
|
-14.21 |
|
4.05 |
0.0405 |
|
-0.8 |
|
10.56 |
|
48.6 |
|
18.23 |
|
14.47 |
|
|
Fund |
|
55 |
|
65 |
|
|
19.48 |
|
############################## |
|
25 |
|
-7.05 |
|
25.27 |
|
3/31/2003 |
|
4.91 |
|
15.86 |
|
|
S&P 500 |
|
10.97 |
|
15.56 |
|
|
34.95 |
|
-2.33 |
|
7.75 |
|
-11.72 |
|
-21.93 |
|
Incept |
|
0.03 |
|
22.46 |
|
|
Diff |
|
4.86 |
|
0.06 |
|
|
-31.06 |
|
2000 1999 1998 1997 1996 1995 |
|
4.04 |
|
-16.14 |
|
13 |
|
-1.4 |
|
-6.16 |
|
9.68 |
|
|
9/30/2004 |
|
2.98 |
|
-6.88 |
|
Standard Deviation |
16.62 |
|
Returns in Up Markets |
|
1.48 |
|
-22.27 |
|
0.83 |
|
-2.9 |
|
-12.27 |
|
Beta |
0.56 |
|
|
Qtr |
|
2.18 |
|
-9.62 |
|
Beta |
0.96 |
|
|
Fund |
|
-0.41 |
|
|
1999 |
|
-2.21 |
|
48.6 |
|
1997 |
|
Alpha |
7.51 |
0.0751 |
|
-1.92 |
|
-0.71 |
|
-15.34 |
|
Annualized Alpha |
1.56 |
0.0156 |
|
S&P500 |
|
-2.41 |
|
|
56.01 |
|
0.94 |
|
37.13 |
|
0.8 |
|
|
-1.87 |
|
7 Yr |
|
1999 |
|
R-Squared |
0.92 |
|
Ratio |
|
4 Yr |
|
|
40.12 |
|
-0.02 |
|
31.48 |
|
2.82 |
|
|
-0.05 |
|
4.99 |
|
1998 FUND |
27.75 |
0.2775 |
|
-0.17 |
|
2 Yr |
|
-7.8 |
|
32.43 |
|
-0.28 |
|
25.91 |
|
48.79 |
|
|
2004 |
|
19 |
|
UNIVERSE |
18 |
|
-2.88 |
|
21.3 |
|
26 |
|
26.37 |
|
4.16 |
|
20.09 |
|
8.05 |
|
|
YTD |
|
3.89 |
|
POLICY |
20.14 |
0.2014 |
|
4.83 |
|
30.5 |
|
-4.65 |
|
19.99 |
|
-0.69 |
|
13.07 |
|
-1.04 |
|
|
1.4 |
|
35 |
|
53 |
|
0.31 |
|
69.8 |
|
7 |
|
1998 |
|
S&P500 |
|
1996 |
|
FR2000 |
|
|
1.51 |
|
8.21 |
|
40.15 |
|
Policy |
S&P |
|
3 Yr |
|
-4.15 |
|
49.36 |
|
4 |
|
34.75 |
|
1 |
|
|
-0.11 |
|
4.2 |
|
24.24 |
|
500 |
|
21.7 |
|
5 Yr FUND |
-7.72 |
|
37.1 |
|
8 |
|
25.3 |
|
5 |
|
|
2003 |
|
3.52 |
|
20.43 |
|
9 |
|
28.6 |
|
N/A |
-10.41 |
|
31.26 |
|
58.33 |
|
20.84 |
|
66.67 |
|
|
29.18 |
|
2.22 |
|
15.61 |
|
11 |
|
75.7 |
|
-12.34 |
|
26.52 |
|
-17.28 |
|
17.4 |
|
-2.86 |
|
|
28.68 |
|
-0.64 |
|
5.6 |
|
45 |
|
4 Yr |
|
-14.77 |
|
16.34 |
|
15.39 |
|
10.54 |
|
23.42 |
|
|
1/0/1900 |
|
8 Yr |
|
1998 |
|
-17.28 |
|
22.2 |
|
5 Yr |
|
1997 |
|
32.67 |
|
26.28 |
|
|
2002 |
|
8.36 |
|
26.36 |
|
15.39 |
|
28.3 |
|
4.54 |
|
36.92 |
|
-24.76 |
|
18.78 |
|
|
-16.08 |
|
21 |
|
45 |
|
32.67 |
|
78.4 |
|
|
-0.6 |
|
32.06 |
|
15.21 |
|
15.46 |
|
|
################################### |
|
7.89 |
|
29.62 |
|
-26.62 |
|
3/31/2000 |
|
-3.93 |
|
28.41 |
|
1 |
|
|
|
|
|
1 |
|
|
1/6/1900 |
|
27 |
|
19 |
|
Standard Deviation |
16.51 |
|
Incept |
|
-5.64 |
|
23.82 |
|
0 |
|
0 |
|
|
2001 |
|
11.22 |
|
35.85 |
|
1 |
|
22.2 |
|
-8.46 |
|
17.55 |
|
1 |
|
|
|
1 |
|
|
-8.82 |
|
7.94 |
|
28.5 |
|
0 |
|
28.3 |
|
6 Yr |
|
1996 |
|
0.17 |
|
2.31 |
|
|
-11.88 |
|
7.19 |
|
25.14 |
|
1 |
|
78.4 |
|
9.65 |
|
31.41 |
|
2.64 |
|
35.7 |
|
|
3.06 |
|
5.71 |
|
17.48 |
|
-0.26 |
|
Returns in Down Markets |
|
4.86 |
|
23.23 |
|
0 |
|
0 |
|
|
2000 |
|
3.12 |
|
7.55 |
|
-4.27 |
|
Fund |
|
1.53 |
|
20.57 |
|
Diff |
|
Diff |
|
|
-15.65 |
|
9 Yr |
|
1997 |
|
0 |
|
S&P500 |
|
-0.02 |
|
17.81 |
|
1 |
|
0 |
|
|
-9.11 |
|
9.6 |
|
32.63 |
|
Diff |
|
Ratio |
|
-2.56 |
|
11.91 |
|
-1 |
|
0 |
|
|
-6.54 |
|
19 |
|
29 |
|
0 |
|
2 Yr |
|
7 Yr |
|
-16.66 |
|
-33.34 |
|
|
1999 |
|
9.31 |
|
33.5 |
|
0 |
|
-6.5 |
|
8.27 |
|
2.57 |
|
1.47 |
|
|
27.75 |
|
22 |
|
18 |
|
10 |
|
-5 |
|
3.77 |
|
|
-4.83 |
|
-8.95 |
|
|
20.14 |
|
11.94 |
|
36.26 |
|
|
1.81 |
|
130.6 |
|
2.11 |
|
|
-7.4 |
|
QU. FUND |
|
|
|
|
-10.42 |
|
|
7.61 |
|
9.13 |
|
32.81 |
|
4.09 |
|
3 Yr |
|
0.58 |
|
|
2.83 |
|
UNIVERSE |
|
|
3.68 |
|
|
1998 |
|
8.17 |
|
30.27 |
|
|
2.28 |
|
-30 |
|
-1.88 |
|
|
|
-2.21 |
|
POLICY |
|
|
|
|
-5.78 |
|
|
26.36 |
|
6.98 |
|
25.81 |
|
-4.44 |
|
-31.9 |
|
8 Yr |
|
-0.17 |
|
-0.44 |
|
|
29.62 |
|
4.41 |
|
15.95 |
|
0.11 |
|
94.1 |
|
12.42 |
|
-2.21 |
|
7.51 |
|
|
-3.26 |
|
10 Yr |
|
1996 |
|
-0.04 |
|
4 Yr |
|
7.25 |
|
-0.06 |
|
-0.2 |
|
|
1997 |
|
10.96 |
|
20.54 |
|
1.56 |
|
-35.8 |
|
5.63 |
|
-0.19 |
|
0.51 |
|
|
32.63 |
|
25 |
|
61 |
|
-0.08 |
|
-34.9 |
|
4.27 |
|
-2.92 |
|
13.09 |
|
|
33.5 |
|
11.18 |
|
23.66 |
|
0.09 |
|
102.6 |
|
1.31 |
|
4.16 |
|
8.05 |
|
|
################################### |
|
22 |
|
23 |
|
1.39 |
|
3/31/2000 |
|
3.3 |
|
4 Yr |
|
|
|
|
1996 |
|
13.1 |
|
28.82 |
|
4.83 |
|
Incept |
|
# of Negative Qtrs |
|
|
20.54 |
|
10.89 |
|
23.34 |
|
10 Yr |
|
-28.6 |
|
# of Positive Qtrs |
|
|
23.66 |
|
9.9 |
|
21.69 |
|
|
# of Negative Qtrs |
|
-29.5 |
|
Batting Average |
|
|
-3.12 |
|
8.72 |
|
18.67 |
|
# of Positive Qtrs |
|
96.7 |
|
Worst Qtr |
|
|
1995 |
|
6.11 |
|
13.52 |
|
|
Batting Average |
|
Best Qtr |
|
|
27.6 |
|
6.82 |
|
Worst Qtr |
|
Range |
|
|
37.44 |
|
8.4 |
|
Best Qtr |
|
|
|
Worst 4 Qtrs |
|
|
|
|
-9.84 |
|
6.23 |
|
Range |
|
Standard Deviation |
|
|
Returns in Up Markets |
|
Worst 4 Qtrs |
|
Beta |
|
|
Fund |
|
Standard Deviation |
|
Annualized Alpha |
|
|
S&P 500 |
|
|
|
|
|
Beta |
|
|
|
R-Squared |
|
2002 FUND |
|
|
|
|
|
Ratio |
|
|
|
Annualized Alpha |
|
|
|
Sharpe Ratio |
|
UNIVERSE |
|
|
|
3 Yr |
|
|
|
|
|
R-Squared |
|
|
|
Treynor Ratio |
|
POLICY |
|
|
|
|
|
29.2 |
|
Sharpe Ratio |
|
Tracking Error |
|
|
28.6 |
|
|
|
Treynor Ratio |
|
Information Ratio |
|
|
102 |
|
Tracking Error |
|
Fund |
|
|
5 Yr |
|
Information Ratio |
|
8 |
|
|
32.4 |
|
Fund |
|
8 |
|
|
30 |
|
11 |
|
43.75 |
|
|
108 |
|
29 |
|
-14.71 |
|
|
10 Yr |
|
|
|
|
|
47.5 |
|
|
|
10.56 |
|
2001 FUND |
|
|
|
|
|
30.8 |
|
|
|
-15.47 |
|
|
|
25.27 |
|
UNIVERSE |
|
|
|
31.9 |
|
|
|
|
|
22.14 |
|
|
|
-30.23 |
|
POLICY |
|
|
|
|
|
96.5 |
|
37.61 |
|
15.15 |
|
|
9/30/1992 |
|
|
|
-31.06 |
|
0.89 |
|
|
Incept |
|
15.49 |
|
|
-3.83 |
|
|
28 |
|
0.96 |
|
0.92 |
|
|
27.8 |
|
0.29 |
|
|
|
-0.67 |
|
|
|
|
100.9 |
|
0.92 |
|
-11.35 |
|
|
Returns in Down Markets |
|
0.44 |
|
4.67 |
|
|
Fund |
|
|
|
|
|
7.17 |
|
|
|
-0.67 |
|
2000 FUND |
|
|
|
|
|
S&P 500 |
|
|
|
4.45 |
|
|
|
S&P500 |
|
UNIVERSE |
|
|
|
Ratio |
|
|
|
|
|
-0.05 |
|
|
|
7 |
|
POLICY |
|
|
|
|
|
3 Yr |
|
S&P |
|
9 |
|
|
-24.4 |
|
|
|
500 |
|
56.25 |
|
|
-31.9 |
|
11 |
|
-17.28 |
|
|
76.4 |
|
29 |
|
15.39 |
|
|
5 Yr |
|
52.5 |
|
32.67 |
|
|
-28.7 |
|
-17.28 |
|
-26.62 |
|
|
-29.5 |
|
21.13 |
|
16.34 |
|
|
97.3 |
|
|
|
|
|
38.41 |
|
|
|
1 |
|
1999 FUND |
|
|
|
|
|
10 Yr |
|
|
|
-26.62 |
|
|
|
0 |
|
N/A |
|
|
|
-28.1 |
|
|
|
|
|
15.48 |
|
|
|
1 |
|
|
|
|
|
|
|
-29.2 |
|
1 |
|
-0.43 |
|
|
96.3 |
|
|
|
0 |
|
-6.95 |
|
|
9/30/1992 |
|
1 |
|
0 |
|
|
Incept |
|
0.46 |
|
Diff |
|
|
-27.2 |
|
7.1 |
|
1 |
|
|
-27.9 |
|
0 |
|
-1 |
|
|
97.2 |
|
Diff |
|
-12.5 |
|
|
|
|
0 |
|
|
|
2.57 |
|
1998 FUND |
|
|
|
|
|
0 |
|
|
|
-4.83 |
|
N/A |
|
|
|
|
|
|
|
-5 |
|
|
|
-7.4 |
|
|
|
|
|
|
|
1.81 |
|
-3.61 |
|
|
|
|
|
|
1.01 |
|
-1.19 |
|
|
|
|
-0.8 |
|
-0.11 |
|
|
-4.44 |
|
-3.83 |
|
|
0.01 |
|
-0.08 |
|
|
-0.04 |
|
-0.24 |
|
|
0.29 |
|
-4.4 |
|
|
-0.08 |
|
4.67 |
|
|
Incept |
-0.02 |
|
Incept |
Incept |
|
|
|
|
0.07 |
|
# of Negative Qtrs |
|
|
|
|
4.45 |
|
# of Positive Qtrs |
|
|
|
|
Incept |
|
Batting Average |
|
|
|
|
# of Negative Qtrs |
|
Worst Qtr |
|
|
# of Positive Qtrs |
|
Best Qtr |
|
|
Batting Average |
|
Range |
|
|
Worst Qtr |
|
Worst 4 Qtrs |
|
|
Best Qtr |
|
Standard Deviation |
|
|
Range |
|
Beta |
|
|
Worst 4 Qtrs |
|
Annualized Alpha |
|
|
Standard Deviation |
|
R-Squared |
|
|
Beta |
|
Sharpe Ratio |
|
|
Annualized Alpha |
|
Treynor Ratio |
|
|
R-Squared |
|
Tracking Error |
|
|
Sharpe Ratio |
|
Information Ratio |
|
|
Fund |
Treynor Ratio |
|
Fund |
Fund |
|
|
Tracking Error |
|
9 |
|
|
|
Information Ratio |
|
9 |
|
|
Batting Average |
Fund |
|
Batting Average |
50 |
|
|
|
12 |
|
|
-14.71 |
|
|
|
36 |
|
|
10.56 |
|
|
|
50 |
|
|
25.27 |
|
|
|
-15.47 |
|
|
-30.23 |
|
|
Standard Deviation |
22.14 |
|
Standard Deviation |
14.96 |
|
|
Beta |
37.61 |
|
Beta |
0.89 |
|
|
Annualized Alpha |
-31.06 |
-0.3106 |
|
Annualized Alpha |
-2.29 |
-0.0229 |
|
0 |
|
R-Squared |
14.57 |
|
R-Squared |
0.91 |
|
|
0.96 |
|
-0.62 |
|
|
0.87 |
|
-10.43 |
|
|
0.91 |
|
4.85 |
|
|
0.5 |
|
-0.34 |
|
|
Policy |
7.53 |
|
Policy |
S&P500 |
|
|
4.35 |
|
9 |
|
|
0.11 |
|
9 |
|
|
S&P |
|
50 |
|
|
500 |
|
-17.28 |
|
|
12 |
|
15.39 |
|
|
36 |
|
32.67 |
|
|
50 |
|
-26.62 |
|
|
Standard Deviation |
-17.28 |
|
Standard Deviation |
16.02 |
|
|
21.13 |
|
1 |
|
|
38.41 |
|
0 |
|
|
-26.62 |
|
1 |
|
|
14.49 |
|
-0.48 |
|
|
1 |
|
-7.62 |
|
|
0 |
|
0 |
|
|
1 |
|
Diff |
|
|
0.47 |
|
0 |
|
|
6.77 |
|
0 |
|
|
0 |
|
0 |
|
|
Diff |
|
2.57 |
|
|
0 |
|
-4.83 |
|
|
0 |
|
-7.4 |
|
|
0 |
|
-3.61 |
|
|
1.81 |
|
-1.06 |
|
|
1.01 |
|
-0.11 |
|
|
-0.8 |
|
-2.29 |
|
|
-4.44 |
|
-0.09 |
|
|
0.08 |
|
-0.14 |
|
|
-0.04 |
|
-2.81 |
|
|
0.87 |
|
4.85 |
|
|
-0.09 |
|
|
0.03 |
|
|
0.76 |
|
|
4.35 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|