Hollywood Police Officers' Pension Fund
December 31, 2002
Total Fund
		5 Year Return (p1)				5 Year Standard Deviation (p18)				Size		(p1)
		Fund	Policy	Ratio		Fund	Policy	Ratio
3/31/2002		8.72	7.95	0.77		9.53	8.8	0.73		0.343		Original Amount	59,084
6/30/2002		5.76	4.95	0.81		9.44	8.85	0.59		0.49		Net Flows	4,863
9/30/2002		3.79	2.35	1.44		9.31	9.01	0.3		0.7		Gain/Loss	73,821
12/31/2002		3.88	2.9	0.98		9.45	9.31	0.14		1
												Total	137,768
Inverness Total
		5 Year Return (p33)				5 Year Standard Deviation (p50)				Size		(p33)
		Fund	Policy	Ratio		Fund	Policy	Ratio
3/31/2002		9.1	8.34	0.76		9.26	8.45	0.81		0.343		Original Amount	59,084
6/30/2002		6.37	5.45	0.92		9.13	8.54	0.59		0.49		Net Flows	-16,019
9/30/2002		4.62	3.03	1.59		8.93	8.63	0.3		0.7		Gain/Loss	80,067
12/31/2002		4.65	3.53	1.12		9.02	8.87	0.15		1
												Total	123,132
Inverness Equities
		5 Year Return (p54)				5 Year Standard Deviation (p62)				Size		(p54)
		Fund	Policy	Ratio		Fund	Policy	Ratio
3/31/2002		10.35	10.17	0.18		18.1	17.38	0.72		0.343		Original Amount	18,638
6/30/2002		4.71	3.71	1		17.96	17.61	0.35		0.49		Net Flows	-15,832
9/30/2002		0.54	-1.61	2.15		18.11	18	0.11		0.7		Gain/Loss	45,192
12/31/2002		0.82	-0.57	1.39		18.64	18.61	0.03		1
												Total	47,998
DHJ Total (Equity + Cash)
		Inception Return (p74)				Inception Standard Deviation (p80)				Size		(p74)
		Fund	Policy	Ratio		Fund	Policy	Ratio
3/31/2002		-7.01	-8.27	1.26		16.71	19.94	-3.23		0.343		Original Amount	20,000
6/30/2002		-11.28	-12.01	0.73		16.42	17.05	-0.63		0.49		Net Flows	691
9/30/2002		-15.51	-17.1	1.59		16.66	17.79	-1.13		0.7		Gain/Loss	-6,310
12/31/2002		-12.51	-13.36	0.85		17.38	18.67	-1.29		1
												Total	14,381
Inverness Fixed Income
		5-Year Return (p64)				5-Year Standard Deviation (p72)				Size
		Fund	Policy	Ratio		Fund	Policy	Ratio
3/31/2002		7.45	7.26	0.19		3.36	3.31	0.05		0.343
6/30/2002		7.43	7.34	0.09		3.36	3.33	0.03		0.49
9/30/2002		7.79	7.75	0.04		3.26	3.26	0		0.7
12/31/2002		7.62	7.55	0.07		3.39	3.39	0		1