HOLLYWOOD POLICE PDF
LOCK BOSTON FIXED EXECUTIVE HERE LOCK LOCK BOSTON FIXED UNIVERSE HERE LOCK LOCK BOSTON FIXED RISK HERE LOCK LOCK M&C FIXED EXECUTIVE HERE LOCK LOCK M&C FIXED UNIVERSE HERE LOCK LOCK M&C FIXED RISK HERE LOCK N/A LOCK LOCK N/A LOCK N/A LOCK
% Clair T.Singerman Retirement System Clair T.Singerman Retirement System Clair T.Singerman Retirement System % Clair T.Singerman Retirement System Clair T.Singerman Retirement System Clair T.Singerman Retirement System %
Montag & Caldwell - Fixed Income Montag & Caldwell - Fixed Income Montag & Caldwell - Fixed Income Weiss,Peck & Greer - Equity Weiss,Peck & Greer - Equity Weiss,Peck & Greer - Equity
Executive Summary Universe Comparisons Risk Measures Executive Summary Universe Comparisons Risk Measures
42 Broad Fixed 46 31 Broad Large Cap Core 37
Inception date is September 30, 1995 44 3 Yr Inception date is September 30, 1995 34 3 Yr
All dollar values are shown in thousands. 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. # of Positive Qtrs Returns for periods exceeding one year are annualized. Returns for periods exceeding one year are annualized. # of Positive Qtrs
Returns are gross of fees. Incept is September 30, 1995 to June 30, 2003 Batting Average Returns are gross of fees. Incept is September 30, 1995 to June 30, 2003 Batting Average
Account Reconciliation Trailing Returns through June 30, 2003 Worst Qtr Account Reconciliation Trailing Returns through June 30, 2003 Worst Qtr
Beginning Value Fund Best Qtr Beginning Value Fund Best Qtr
Net Flows Return Range Net Flows Return Range
Investment G/L %-tile Worst 4 Qtrs Investment G/L %-tile Worst 4 Qtrs
Ending Value Policy Standard Deviation Ending Value Policy Standard Deviation
6/30/2003 Return Beta 6/30/2003 Return Beta
Qtr %-tile Annualized Alpha Qtr %-tile Annualized Alpha
9,980 Universe R-Squared 5,552 Universe R-Squared
-230 5th %-tile Sharpe Ratio -154 5th %-tile Sharpe Ratio
296 25th %-tile Treynor Ratio 876 25th %-tile Treynor Ratio
10,046 50th %-tile Tracking Error 6,274 50th %-tile Tracking Error
2003 75th %-tile Information Ratio 2003 75th %-tile Information Ratio
YTD 95th %-tile Fund YTD 95th %-tile Fund
10,090 2 Qtrs 2 5,774 2 Qtrs 7
-477 4.41 10 -222 12.85 5
434 38 66.67 722 19 83.33
10,046 5.23 -0.38 6,274 11.76 -16.39
9/30/1995 29 6.71 9/30/1995 34 15.95
Incept 16.11 7.09 Incept 15.38 32.34
  3,843 5.92 4.94 4,516 12.15 -22.68
1,338 3.67 4.14 -2,249 11.4 16.97
4,865 1.98 1 4,007 9.77 0.91
#REF! 10,046  10,046,000 0.87 1.08 6,274    6,274,000 7.8 2.63
Investment Policy 3 Qtrs 0.96 Investment Policy 3 Qtrs 0.98
Index 6.76 2.11 Index 19.73 -0.63
Lehman Gov/Credit Bond 30 8.73 S&P 500 52 -11.77
Total 7.05 0.86 Total 21.19 3.13
Weight 29 1.23 Weight 26 1.16
100 23.53 Policy 100 25.69 Policy
100 7.64 1 100 21.21 7
Trailing Returns through June 30, 2003 4.94 11 Trailing Returns through June 30, 2003 19.88 5
Fund 2.91 33.33 Fund 17.01 16.67
Policy 1.64 -0.48 Policy 11.68 -17.28
Diff 1 Yr 5.69 Diff 1 Yr 15.39
1 Yr FUND #REF! 1 Yr 1 Yr FUND 13.92 0.1392 6.17 1 Yr 1 Yr FUND 0.1 0.001 32.67
UNIVERSE 1/13/1900 UNIVERSE 19 4.64 1/0/1900 UNIVERSE 36 -26.62
POLICY #REF! 13.14 POLICY 13.14 0.1314 4.06 0.25 POLICY 0.25 0.0025 18.42
0.78 21 1 -0.15 31 1
2 Yr 19.77 0 2 Yr 5.38 0
1/11/1900 11.93 1 ############################### 0.69 1
10.66 9.34 1.89 -9.32 -0.47 -0.78
1.15 5.74 7.67 1.47 -3.23 -14.35
3 Yr 2.71 0 3 Yr -6.37 0
11.88 2 Yr Diff -7.56 2 Yr Diff
    1/10/1900 11.81 1 ############################### -7.85 0
    1.06 4 -1 3.64 27 0
    4 Yr 10.66 33.34 4 Yr -9.32 66.66
9.98 9 0.1 -5.14 47 0.89
1/9/1900 11.39 1.02 ############################### -4.45 0.56
0.83 9.1 0.92 1.77 -7.76 -0.33
5 Yr   7.75 0.3 5 Yr   -9.53 3.94
8.46 5.96 0.08 0.11 -10.74 -1.45
7.83 2.92 0 -1.61 -13.99 -0.09
0.63 3 Yr 1.08 1.72 3 Yr 2.63
3 Yr FUND #REF! 6 Yr 3 Yr FUND 11.88 0.1188 -0.04 6 Yr 3 Yr FUND -7.56 -0.0756 -0.02
 N/A 1/8/1900 UNIVERSE 3 0.22 1/4/1900 UNIVERSE 27 0.15
  #REF! 8.4 POLICY 10.82 0.1082 1.06 3.09 POLICY -11.2 -0.112 2.58
0.52 8 0.86 1.08 54 3.13
7 Yr 11.29 5 Yr 5 Yr 7 Yr -0.31 5 Yr
8.73 9.48 # of Negative Qtrs 7.92 -7.22 # of Negative Qtrs
8.3 8.24 # of Positive Qtrs 7.1 -11.07 # of Positive Qtrs
1/0/1900 6.16 Batting Average 1/0/1900 -12.32 Batting Average
8 Yr 9 Yr 10 Yr 2.14 Worst Qtr 8 Yr 9 Yr 10 Yr -16.52 Worst Qtr
9/30/1995 4 Yr Best Qtr 9/30/1995 4 Yr Best Qtr
Incept 9.98 Range Incept -5.14 Range
8.25 4 Worst 4 Qtrs 9.43 35 Worst 4 Qtrs
5 Yr FUND 7.84 9.15 Standard Deviation 8.54 -6.91 Standard Deviation
 N/A 1/0/1900 8 Beta 1/0/1900 56 Beta
  Calendar Year Returns 9.69 Annualized Alpha Calendar Year Returns 1.34 Annualized Alpha
Fund 8.08 R-Squared Fund -3.59 R-Squared
Policy 7.16 Sharpe Ratio Policy -6.65 Sharpe Ratio
Diff 5.72 Treynor Ratio Diff -7.6 Treynor Ratio
6/30/2003 1.18 Tracking Error 6/30/2003 -10.33 Tracking Error
Qtr 5 Yr Information Ratio Qtr 5 Yr Information Ratio
#REF! 2.99 5 Yr FUND 8.46 0.0846 Fund Fund 15.95 5 Yr FUND 0.11 0.0011 Fund
3.52 UNIVERSE 3 5 15.39 UNIVERSE 28 10
#REF! -0.53 POLICY 7.83 0.0783 15 0.56 POLICY -1.61 -0.0161 10
2003 8 Batting Average 55 2003 47 Batting Average 75
YTD 8.14 -1.52 YTD 5.06 -16.39
4.41 6.9 6.71 12.85 0.55 22.02
1/5/1900 6.26 8.23 1/11/1900 -1.76 38.41
-0.82 5.32 -3.01 1.09 -2.74 -22.68
2002 0.51 Standard Deviation 4.21 2002 -4.94 Standard Deviation 17.74
13.91 6 Yr Beta 1.02 -20.28 6 Yr Beta 0.93
  11.02 8.92 Annualized Alpha 0.47 0.0047 -22.1 4.17 Annualized Alpha 1.6 0.016
2.89 3 R-Squared 0.96 1.82 25 R-Squared 0.96
2001 8.4 1.09 2001 3.09 -0.21
8.76 7 4.48 -7.51 39 -4.06
8.51 8.59 0.81 -11.88 7.91 3.8
0.25 7.34 0.78 4.37 4.13 0.45
2000 6.68 Policy Policy 2000 2.75 Policy Policy
13.25 5.68 4 -5.45 1.56 10
11.84 2.37 16 -9.11 -0.83 10
1.41 7 Yr 45 3.66 7 Yr 25
1999 8.73 -1.2 1999 7.92 -17.28
-3.01 5 5.69 14.58 21 21.3
-2.15 8.3 6.89 21.04 7.1 38.58
-0.86 8 -2.15 -6.46 30 -26.62
1998 8.62 Standard Deviation 4.05 1998 10.73 Standard Deviation 18.79
10.08 7.4   1 27.24 7.45   1
9.47 6.79 0 28.58 6.43 0
0.61 5.88   1 -1.34 4.95   1
1997 3.86 0.97 1997 2.39 -0.29
QU. FUND #REF! 9.82 8 Yr 3.94 32.62 8 Yr -5.5
UNIVERSE 9.75 8.15 0 33.36 12.02 0
POLICY #REF! 0.07 7.06 Diff -0.74 9.37 Diff
1996 6.51 1 1996 8.35 0
2.82 5.79 -1 22.92 7.02 0
2.91 4.54 10 22.96 4.23 50
-0.09 Calendar Year Returns -0.32 -0.04 Calendar Year Returns 0.89
1995 1994 Fund 1.02 1995 1994 Fund 0.72
Returns in Up Markets Return 1.34 Returns in Up Markets Return -0.17
Fund %-tile -0.86 Fund %-tile 3.94
Policy Policy 0.16 Policy Policy -1.05
Ratio Return 0.02 Ratio Return -0.07
3 Yr %-tile 0.47 3 Yr %-tile 1.6
13.2 Universe -0.04 34.7 Universe -0.04
12.1 5th %-tile 0.12 36.1 5th %-tile 0.08
109.5 25th %-tile 0.54 96 25th %-tile 1.44
5 Yr 50th %-tile 0.81 5 Yr 50th %-tile 3.8
Incept 11.7 75th %-tile 7 Yr 36.3 75th %-tile 7 Yr
10.8 95th %-tile # of Negative Qtrs 40.9 95th %-tile # of Negative Qtrs
108.6 Qtr # of Positive Qtrs 88.8 Qtr # of Positive Qtrs
2002 FUND #REF! 7 Yr QU. FUND 2.99 0.0299 Batting Average 7 Yr QU. FUND 15.95 0.1595 Batting Average
UNIVERSE 11.6 UNIVERSE 34 Worst Qtr 33.6 UNIVERSE 29 Worst Qtr
POLICY #REF! 11 POLICY 3.52 0.0352 Best Qtr 37 POLICY 15.39 0.1539 Best Qtr
105.4 27 Range 90.6 39 Range
9/30/1995 9.46 Worst 4 Qtrs 9/30/1995 20.16 Worst 4 Qtrs
Incept 3.7 Standard Deviation Incept 16.36 Standard Deviation
11.5 2.37 Beta 32.2 15.16 Beta
10.9 1.11 Annualized Alpha 34.9 13.52 Annualized Alpha
104.9 0.39 R-Squared 92.3 10.81 R-Squared
Returns in Down Markets YTD Sharpe Ratio Returns in Down Markets YTD Sharpe Ratio
2001 FUND #REF! Fund 4.41 Treynor Ratio Fund 12.85 Treynor Ratio
UNIVERSE Policy 38 Tracking Error Policy 19 Tracking Error
POLICY #REF! Ratio 5.23 Information Ratio Ratio 11.76 Information Ratio
3 Yr 29 Fund 3 Yr 34 Fund
-0.4 16.11 6 -29.4 15.38 10
  -0.5 5.92 22 -34.5 12.15 18
Batting Average 79.2 3.67 57.14 85 11.4 64.29
5 Yr 1.98 -1.52 5 Yr 9.77 -16.39
-3.5 0.87 6.71 -26.5 7.8 22.02
-3.1 2002 8.23 -31.3 2002 38.41
2000 FUND #REF! 111.5 2002 FUND 13.91 0.1391 -3.01 84.6 2002 FUND -20.28 -0.2028 -22.68
 N/A Standard Deviation 7 Yr UNIVERSE 1 4.07 7 Yr UNIVERSE 27 17.12
  #REF! Beta -3.4 POLICY 11.02 0.1102 1.01 -26.5 POLICY -22.1 -0.221 0.94
Annualized Alpha #REF! -3.2 8 0.31 -31.3 46 1.27
R-Squared 107.5 11.71 0.97 84.6 -14.75 0.96
9/30/1995 9.42 1.09 9/30/1995 -20.18 0.21
Incept 7.78 4.41 Incept -22.25 3.87
-4.3 4.46 0.74 -26.5 -23.65 3.42
-4.2 -2.06 0.58 -31.3 -26.76 0.24
Policy 101.4 2001 Policy 84.6 2001 Policy
1999 FUND #REF! 2001 FUND 8.76 0.0876 5 2001 FUND -7.51 -0.0751 10
 N/A UNIVERSE 10 23 UNIVERSE 20 18
  #REF! POLICY 8.51 0.0851 42.86 POLICY -11.88 -0.1188 35.71
15 -1.2 49 -17.28
9.43 5.69 0.14 21.3
8.06 6.89 -9.12 38.58
7.27 -2.15 -12.04 -26.62
Standard Deviation 6.08 3.95 -13.76 17.96
-0.22 1 -19.01 1
2000 0 2000 0
1998 FUND #REF! 2000 FUND 13.25 0.1325 1 2000 FUND -5.45 -0.0545 1
 N/A UNIVERSE 5 1.02 UNIVERSE 42 0.16
  #REF! POLICY 11.84 0.1184 4.02 POLICY -9.11 -0.0911 2.82
13 0 63 0
13.08 Diff 8.88 Diff
10.94 1 -1.49 0
9.48 -1 -7.17 0
7.22 14.28 -9.71 28.58
-9.53 -0.32 -15.31 0.89
1999 1.02 1999 0.72
#REF! 1999 FUND -3.01 -0.0301 1.34 1999 FUND 14.58 0.1458 -0.17
UNIVERSE 90 -0.86 UNIVERSE 61 3.94
#REF! POLICY -2.15 -0.0215 0.12 POLICY 21.04 0.2104 -0.84
82 0.01 23 -0.06
6.45 0.31 29.06 1.27
2.48 -0.03 20.79 -0.04
-0.07 0.07 17.27 0.05
-1.67 0.39 10.05 1.05
-4.19 0.74 1.04 3.42
1998 Incept 1998 Incept
  1998 FUND 10.08 0.1008 # of Negative Qtrs 1998 FUND 27.24 0.2724 # of Negative Qtrs
UNIVERSE 5 # of Positive Qtrs UNIVERSE 33 # of Positive Qtrs
  POLICY 9.47 0.0947 Batting Average POLICY 28.58 0.2858 Batting Average
8 Worst Qtr 19 Worst Qtr
9.95 Best Qtr 35.39 Best Qtr
8.1 Range 28.17 Range
6.94 Worst 4 Qtrs 23.31 Worst 4 Qtrs
5.77 Standard Deviation 14.65 Standard Deviation
-0.69 Beta 6.14 Beta
1997 Annualized Alpha 1997 Annualized Alpha
9.82 R-Squared 32.62 R-Squared
25 Sharpe Ratio 23 Sharpe Ratio
9.75 Treynor Ratio 33.36 Treynor Ratio
25 Tracking Error 14 Tracking Error
14.72 Information Ratio 35.83 Information Ratio
9.75 Fund 32.4 Fund
8.72 7 29.2 10
7.16 24 26.22 21
5.93 58.06 19.15 64.52
1996 -2.13 1996 -16.39
2.82 6.71 22.92 22.02
74 8.84 27 38.41
2.91 -3.01 22.96 -22.68
73 4.14 26 16.39
13.78 1.02 27.28 0.94
5.26 0.28 23.01 1.44
4 0.97 21.51 0.96
2.75 0.93 18.9 0.31
0.99 3.79 15.28 5.37
1995 0.73 1995 3.34
23.35 0.56 38.57 0.27
18.45 Policy 36.55 Policy
16.21 6 33.47 10
12.64 25 30.16 21
8.22 41.94 24.43 35.48
-2.34 -17.28
5.69 21.3
8.03 38.58
-2.15 -26.62
4 17.17
1 1
0 0
1 1
0.86 0.24
3.46 4.16
0 0
Diff Diff
1 0
-1 0
16.12 29.04
0.21 0.89
1.02 0.72
0.81 -0.17
-0.86 3.94
0.14 -0.78
0.02 -0.06
0.28 1.44
-0.03 -0.04
0.06 0.07
0.33 1.21
0.73 3.34