HOLLYWOOD POLICE PDF
LOCK INVERNESS TOTAL EXECUTIVE HERE LOCK LOCK INVERNESS BOND UNIVERSE (p1) INVERNESS BOND UNIVERSE (p2) LOCK LOCK EAGLE TOTAL RISK HERE EAGLE TOTAL EXECUTIVE LOCK LOCK SEI TOTAL EXECUTIVE HERE LOCK LOCK SEI TOTAL UNIVERSE HERE LOCK LOCK SEI TOTAL RISK HERE LOCK
Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund % Hollywood Police Pension Fund Hollywood Police Pension Fund Leesburg Police Officers' Pension Plan Leesburg Police Officers' Pension Plan %
INVERNESS Total Net Returns INVERNESS Total Net Returns INVERNESS Bond Returns INVERNESS Total Net Returns EAM Net Total (Stocks + Cash) SEI International Equity SEI International Equity
Executive Summary Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Risk Measures
30 50% BLC Core, 22.5% BFI, 22.5% IFI, 5% MM 50% Broad FI, 50% Intermediate FI 32 50 International Equity 45
Inception date is September 30, 1992 31 29 3 Yr Inception date is March 31, 2003 44 1 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. # 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. # of Positive Qtrs
Returns are net of fees. Incept is September 30, 1992 to September 30, 2006 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is March 21, 2001 to June 30, 2003 Batting Average
Account Reconciliation Trailing Returns through September 30, 2006 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through June 30, 2003 Worst Qtr
Beginning Value Fund 75-95th %tile Fund Index Best Qtr Beginning Value Fund Best Qtr
Net Flows Return -5.00% Range Net Flows Return Range
Investment G/L %-tile 0.00% Worst 4 Qtrs Investment G/L %-tile Worst 4 Qtrs
Ending Value Index 5.00% Standard Deviation Ending Value EAFE Standard Deviation
9/30/2006 Return 10.00% Beta 9/30/2006 Return Beta
Qtr %-tile 15.00% Annualized Alpha Qtr %-tile Annualized Alpha
132,511 Universe 20.00% R-Squared 9,232 Universe R-Squared
-125 5th %-tile 25.00% Sharpe Ratio 11 5th %-tile Sharpe Ratio
5,712 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio -27 25th %-tile Treynor Ratio
138,099 50th %-tile Fiscal Year Returns Ending September Tracking Error 9,215 50th %-tile Tracking Error
2,006 75th %-tile Fund Information Ratio 2006 75th %-tile Information Ratio
YTD 95th %-tile Return Fund YTD 95th %-tile Fund
129,983 1 Yr %-tile 2 8,379 2 Qtrs 2
-1,810 7.7 0.077 Index 10 16 6.05 2
9,925 18 Return 41.67 821 89 0
138,099 7.15 0.0715 %-tile -0.77 9,215 9.85 -20.44
33,877 33 Universe 6.03 3/31/2003 52 17.76
Incept 8.66 5th %-tile 6.8 Incept 20.72 38.2
  59,084 7.33 25th %-tile 3.82 4,822 13.85 -11.04
-36,622 6.66 50th %-tile 4.18 12 9.98 20.88
115,636 5.67 75th %-tile 0.97 4,382 7.42 0.99
138,099   138,099,000                                                       4 95th %-tile 0.31 9,215                 - 5.24 -5.32
Investment Policy 2 Yr Qtr ####### 0.88 Investment Policy 3 Qtrs 1
Index 7.47 0.0747 0.1 1.2 Index 11.81 -0.6
S&P 500 44 49 0.49 5.18 Russell 2000 84 -12.58
Lehman Gov/Credit-Intermediate 7.16 0.0716 0.03 1.48 Total 16.97 1.28
Lehman Gov/Credit Bond 56 59 0.08 Weight 45 -3.9
Citigroup Treasury Bill - 3 Month 9.31 0.61 Index 100 31.1 EAFE
Weight 8.09 0.31 3 100 20.89 2
50 7.3 0.09 9 Trailing Returns through September 30, 2006 16.29 2
22.5 6.6 -0.1 58.33 Fund 13.35 100
22.5 5.05 -0.36 -1.38 FR2000 7.98 -19.69
5 3 Yr YTD 6.02 Diff 1 Yr 19.57
Trailing Returns through September 30, 2006 1 Yr FUND 7.67 0.0767 0.07 7.4 1 Yr 1 Yr FUND -11.04 -0.1104 39.26
Fund UNIVERSE 51 71 3.49 9.79 UNIVERSE 91 -6.05
Index POLICY 7.55 0.0755 -0.12 4.01 9.92 POLICY -6.05 -0.0605 20.98
Diff 56 81 1 -0.13 48 1
1 Yr 9.96 2.16 0 2 Yr 9.7 0
7.7 8.65 1.15 1 1/15/1900 -1.34 1
7.15 7.72 0.49 1.22 13.86 -6.42 -0.36
0.55 6.89 -0.05 4.9 1.38 -9.21 -7.46
2 Yr 5.46 -0.53 0 3 Yr -12.06 0
7.47 4 Yr 2005 20.05 Diff 1/17/1900 2 Yr Diff
   1/7/1900 8.7 0.087 2.02 -1 15.48   -10.79 0
   0.31 72 68 0.68 1 1.81   83 0
  3 Yr 9.39 0.0939 2.02 -16.66 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr   -7.65 -100
7.67 51 68 0.61 3/31/2003 57 -0.75
7.55 12.14 4.66 0.01 Incept 8.44 -1.81
0.12 10.33 2.94 -0.6 20.29 -0.7 -1.06
4 Yr 9.4 2.38 0.33 23.16   -6.96 -4.99
8.7 8.51 1.89 0.17 -2.87 -9.7 -0.1
9.39 6.82 1.28 -0.03 Fiscal Year Returns Ending September -13.66 -0.01
################################# 5 Yr 2004 20.04 0.31 Fund 3 Yr -5.32
5 Yr 3 Yr FUND 6.9 0.069 3.49 -0.12 FR2000 3 Yr FUND 1.57 0.0157 0
1/6/1900 N/A 18 33 0.33 -0.02 Diff UNIVERSE -6.18 -0.24
5.96   5.96 0.0596 3 0.28 9/30/2006 POLICY -12.24 -0.1224 -5.12
0.94 39 49 1.48 Qtr -15.88 1.28
6 Yr 7.93 7.43 5 Yr 5 Yr -0.29 -20.62 5 Yr 2 Yr
3.62 6.6 3.83 # of Negative Qtrs 0.44 4 Yr # of Negative Qtrs
3.36 5.62 2.96 # of Positive Qtrs -0.73 5.41 # of Positive Qtrs
0.26 5.01 2.27 Batting Average 2006 -0.32 Batting Average
7 Yr 3.59 1.54 Worst Qtr YTD -4.16 Worst Qtr
4.78 6 Yr 2003 20.03 Best Qtr 9.79 -6.7 Best Qtr
1/4/1900 3.62 7.39 Range 9.92 -9.92 Range
0.48 30 21 0.21 Worst 4 Qtrs -0.13 5 Yr Worst 4 Qtrs
8 Yr 3.36 6.26 Standard Deviation 2005 10.2 Standard Deviation
5.92 34 27 Beta 1/20/1900 2.77 Beta
1/5/1900 6.82 15.41 Annualized Alpha 17.95 -1.49 Annualized Alpha
0.59 3.99 6.36 R-Squared 3 -4.27 R-Squared
9 Yr 2.86 4.78 Sharpe Ratio 2004 -7.36 Sharpe Ratio
6.24 1.82 3.82 Treynor Ratio 21.5 6 Yr Treynor Ratio
5.81 -0.69 2.69 Tracking Error 18.78 6.64 Tracking Error
1/0/1900 7 Yr 2002 20.02 Information Ratio 2.72 1.41 Information Ratio
10 Yr 5 Yr FUND 4.78 8.77 Fund 2003 2002 2001 2000 1999 1998 1997 5 Yr FUND -1.72 -0.0172 Fund
7.6 N/A 27 6 0.06 4 Returns in Up Markets UNIVERSE -3.69 4
7.2   4.3 8.65   16 Fund POLICY -8.09 -0.0809 4
1/0/1900 37 8 Batting Average 55 FR2000 7 Yr 25
9/30/1992 6.9 8.8 -4.58 Ratio 8.57 -20.44
Incept 4.92 7.65 6.69 1 Yr 3.88 17.76
1/8/1900 3.89 6.86 11.27 1/12/1900 0.88 38.2
8 3.09 5.67 -4.34 15.7 -1.36 -25.91
0.57 1.18 1.79 Standard Deviation 5 82.3 -5.83 18.05
Fiscal Year Returns Ending September 8 Yr 2001 20.01 Beta 0.79 2 Yr 8 Yr 1
Fund 5.92 13.27 Annualized Alpha 2.14 26 0.0214 8.99 -3.33 -0.0333
Index 22 4 0.04 R-Squared 0.88 27.6 5.26 0.99
Diff 5.33 13.04 0.94 94 2.7 -0.7
9/30/2006 33 7 5.92 3 Yr 0.66 -12.72
Qtr 7.32 13.13 2.15 1/28/1900 -3.32 1.43
4.32 5.63 12.35 0.44 28.7 Calendar Year Returns -2.2
4.49 4.75 11.69 Policy Index 98 Fund EAFE
-0.17 4.07 10.55 6 3/31/2003 Return 4
2006 2.43 0.57 14 Incept %-tile 4
YTD 9 Yr 2000 45 30.2 EAFE 75
7.7 6.24 6.22 -6.66 36.9 Return -19.69
7.15 11 33 9.02 81.7 %-tile 19.57
0.55 5.81 6.47 15.68 Returns in Down Markets Universe 39.26
6/27/1905 19 17 -7.76 Fund 5th %-tile -22.95
7.25 6.68 6.94 Standard Deviation 5.99 FR2000 25th %-tile 17.94
7.16 5.58 6.33 1 Ratio 50th %-tile   1
0.09 5.01 5.96 0 1 Yr 75th %-tile 0
2004 4.45 5.47 1 -2.8 95th %-tile   1
8.06 3.15 2.92 0.62 -5 Qtr -0.53
1/8/1900 QU. FUND 10 Yr 1999 #REF! 3.74 55.4 QU. FUND 17.76 0.1776 -9.58
-0.27 UNIVERSE 7.6 -0.41 0 2 Yr UNIVERSE 70 0
2003 POLICY 11 72 #REF! Diff -6.1 POLICY 19.57 0.1957 Diff
11.87 7.2 -0.5 -2 -10.1 49 0
15.13 20 75 2 60.2 26.5 0
-3.26 8.35 3.72 10 3 Yr 22.25 -50
2002 6.96 1.67 2.08 -7.6 19.39 -0.75
-0.03 6.48 0.54 -2.33 -12.7 17.23 -1.81
-6.75 5.7 -0.58 -4.41 59.8 14.38 -1.06
6.72 4.65 -2.06 3.42 3/31/2003 YTD -2.96
2001 Fiscal Year Returns Ending September 1998 -0.99 Incept 6.05 0.11
-11.32 Fund 11.65 -0.21 -7.6 89 0
-8.7 Return 7 2.14 -12.7 9.85 -3.33
-2.62 %-tile 11.62 -0.12 59.8 52 -0.01
2000 Index 8 0.32 20.72 -0.17
12 Return 12.17 2.18 13.85 -3.14
10.13 %-tile 9.97 2.15 9.98 1.43
1.87 Universe 8.86 10 Yr 7.42 Incept
1999 5th %-tile 7.67 # of Negative Qtrs 5.24 # of Negative Qtrs
14.24 25th %-tile 2.96 # of Positive Qtrs 2002 # of Positive Qtrs
12.85 2002 FUND 50th %-tile #REF! Batting Average 2002 FUND -16.98 -0.1698 Batting Average
1/1/1900 UNIVERSE 75th %-tile Worst Qtr UNIVERSE 69 Worst Qtr
1998 POLICY 95th %-tile #REF! Best Qtr POLICY -15.65 -0.1565 Best Qtr
8.81 Qtr Range 60 Range
9.72 4.32 0.0432 Worst 4 Qtrs 1.13 Worst 4 Qtrs
-0.91 35 Standard Deviation -8.2 Standard Deviation
1997 4.49 0.0449 Beta -14.26 Beta
20.69 22 Annualized Alpha -17.82 Annualized Alpha
20.52 4.98 R-Squared -22.25 R-Squared
1/0/1900 4.46 Sharpe Ratio 2001 Sharpe Ratio
Returns in Up Markets 2001 FUND 4.05 #REF! Treynor Ratio 2001 FUND 3.58 0.0358 Treynor Ratio
Fund UNIVERSE 3.43 Tracking Error N/A -10.16 Tracking Error
Index POLICY 2.34 #REF! Information Ratio   -18.13 -0.1813 Information Ratio
Ratio YTD Fund -22.9 Fund
3 Yr 7.7 10 -29.05 5.11
10.9 18 30 2000 4
11.4 7.15 50 2.88 34.15
96 33 -5.41 -8.21 -20.44
5 Yr 8.66 11.36 -15.61 17.76
12.7 7.33 16.77 -24.08 38.2
13.6 2000 FUND 6.66 #REF! -11.32 2000 FUND -34 -0.34 -25.91
93.4 N/A 5.67 7.58 N/A 1999 17.72
10 Yr   3.76 #REF! 0.97   116.89 1.1689 1
15.9 2005 0.61 0.0061 67.58 -2.49
15.9 7.25 0.9 47.85 0.99
4/9/1900 74 0.52 28.32 -0.71
9/30/1992 7.16 4.04 16.51 -12.62
Incept 76 2.35 1998 1.52
15.1 10.9 0.17 27.64 -1.58
14.7 9.21 Index 17.86 EAFE
4/11/1900 1999 FUND 7.99 #REF! 12 1999 FUND 11.79 0.1179 5.11
Returns in Down Markets N/A 7.18 28 N/A 2.35 4
Fund   5.79 #REF! 50   -29.32 -0.2932 65.85
Index 2004 -6.66 1997 -19.69
Ratio 8.06 10.4 22.94 19.57
3 Yr 67 17.06 11.7 39.26
-1.2 8.33 -8.7 5.22 -22.95
-2.4 59 7.44 -2.28 17.61
49.2 12 1 -30.46 1
5 Yr 10.06 0 1996 0
-5.4 1998 FUND 8.65 #REF! 1 1998 FUND 28.9 0.289 1
-9.9 UNIVERSE 7.47 0.47 N/A 20.05 -0.58
55 POLICY 4.94 #REF! 3.52   14.65 0.1465 -10.22
10 Yr 2003 0 9.94 0
-9.6 11.87 Diff 0.97 Diff
-10.6 90 -2 1995 0
3/30/1900 15.13 2 21.87 0
9/30/1992 36 0 13.07 -31.7
Incept 20.06 1.25 9.83 -0.75
-9 15.86 0.96 3.73 -1.81
-9.9 14.36 #REF! -0.29 -8.25 -0.0825 -1.06
90.9 13.23 -2.62 72 -2.96
89.9 11.24 #REF! 0.14 18.16 0.1816 0.11
2002 -0.03 57 0
-0.03 0.61 39.63 -2.49
1 -0.1 26.6 -0.01
-6.75 0.05 20.04 -0.13
55 0.52 15.04 -2.4
-2.8 2.35 10.25 1.52
-5.27 Incept 1998 Incept
-6.57 #REF! # of Negative Qtrs 21.35 0.2135 # of Negative Qtrs
-7.47 # of Positive Qtrs 50 # of Positive Qtrs
-9.73 #REF! Batting Average 27.17 0.2717 Batting Average
2001 Worst Qtr 16 Worst Qtr
-11.32 Best Qtr 32.25 Best Qtr
77 Range 25.03 Range
-8.7 Worst 4 Qtrs 21.2 Worst 4 Qtrs
60 Standard Deviation 17.82 Standard Deviation
4.3 Beta 10.66 Beta
-4.47 Annualized Alpha 1997 Annualized Alpha
-8.08 R-Squared 23.48 R-Squared
-10.8 Sharpe Ratio 17 Sharpe Ratio
-17.28 Treynor Ratio 22.11 Treynor Ratio
2000 Tracking Error 31 Tracking Error
12 Information Ratio 26.02 Information Ratio
33 Fund 22.69 Fund Fund
10.13 11 20.28 10
48 45 17.15 21
21.74 53.57 11.87 Batting Average 51.61
13.74 -5.41 1996 -8.65
9.77 11.36 20.73 16.75
8.34 16.77 4 25.4
3.29 -11.32 14.81 -9.99
1999 6.99 34 Standard Deviation 10.7
14.24 0.98 19.27 Beta 0.7
38 0.71 15.51 Annualized Alpha 4.53
12.85 0.89 13.72 R-Squared 0.7
57 0.67 11.65 0.52
20.26 4.78 7.45 7.94
15.8 2.32 1995 6.97
13.35 0.25 33.89 0.32
10.42 Index 28.38 Policy Policy
5.06 14 25.99 10
1998 42 23.47 21
8.81 46.43 19.28 48.39
14 -6.66 -11.53
9.72 10.4 15.59
8 17.06 27.12
10.66 -8.7 -24.93
7.95 6.74 Standard Deviation 12.71
6.05 1 1
3.49 0 0
-0.24 1 1
0.61 0.26
4.11 3.3
0 0
Diff Diff
-3 0
3 0
7.14 3.22
1.25 2.88
0.96 1.16
-0.29 -1.72
-2.62 14.94
0.25 -2.01
-0.02 -0.3
0.71 4.53
-0.11 -0.3
0.06 0.26
0.67 4.64
2.32 6.97