Hollywood Police Officers' Pension Fund
Performance Evaluation Summary
March 31, 2003      
Current
Quarter One Year Three Years Five Years 2002 2001 2000 1999 1998
INVERNESS EQUITY PORTFOLIO
Return -0.75% -19.42% -13.96% -1.83% -16.08% -8.82% -15.65% 27.75% 26.36%
Ranking (Br. Large Cap Core) 7 7 36 23 9 26 97 14 42
                 
Policy Return (S&P500) -3.15% -24.76% -16.09% -3.74% -22.10% -11.88% -9.11% 20.14% 29.62%
     
DAVIS, HAMILTON, JACKSON TOTAL PORTFOLIO - STOCK ONLY
Return -1.65% -21.93% -14.96% n/a   -18.73% -14.21% n/a n/a n/a
Ranking (Br. Large Cap Growth) 46 16 10 10 26
Policy Return (S&P500) -3.15% -24.76% -16.09% n/a -22.10% -11.88% n/a n/a n/a
     
*Inception 2/8/2000
     
Gold indicates equal to or beat the index, or in upper 40% of universe
Red indicates below 60% of universe
ASSET CONSULTING GROUP
a division of Gabriel, Roeder, Smith, & Co. Page 13