HOLLYWOOD POLICE PDF
LOCK INVERNESS TOTAL EXECUTIVE HERE LOCK LOCK INVERNESS TOTAL UNIVERSE (p1) INVERNESS TOTAL UNIVERSE (p2) LOCK LOCK EAGLE TOTAL RISK HERE LOCK LOCK SEI TOTAL EXECUTIVE HERE LOCK LOCK SEI TOTAL UNIVERSE HERE LOCK LOCK SEI TOTAL RISK HERE LOCK
Hollywood Police Pension Fund % Leesburg Police Officers' Pension Plan Leesburg Police Officers' Pension Plan %
INVERNESS Total Gross Returns (Stocks, Bonds & Cash) SEI International Equity SEI International Equity
Executive Summary Universe Comparisons Risk Measures
1 International Equity 45
Inception date is September 30, 1992 44 1 Yr
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 are gross of fees. Incept is March 21, 2001 to June 30, 2003 Batting Average
Account Reconciliation Trailing Returns through June 30, 2003 Worst Qtr
Beginning Value Fund Best Qtr
Net Flows Return Range
Investment G/L %-tile Worst 4 Qtrs
Ending Value EAFE Standard Deviation
12/31/2003 Return Beta
Qtr %-tile Annualized Alpha
125,793 Universe R-Squared
-7,766 5th %-tile Sharpe Ratio
7,452 25th %-tile Treynor Ratio
125,479 50th %-tile Tracking Error
2003 75th %-tile Information Ratio
YTD 95th %-tile Fund
123,132 2 Qtrs 2
-15,709 6.05 2
18,056 89 0
125,479 9.85 -20.44
9/30/1992 52 17.76
Incept 20.72 38.2
  59,084 13.85 -11.04
-31,728 9.98 20.88
98,123 7.42 0.99
125,479   125,479,000                 - 5.24 -5.32
Investment Policy 3 Qtrs 1
Index 11.81 -0.6
S&P 500 MSCI EAFE 84 -12.58
Lehman Gov/Credit-Intermediate Total 16.97 1.28
Lehman Gov/Credit Bond Weight 45 -3.9
Citigroup Treasury Bill - 3 Month 100 31.1 EAFE
Weight 100 20.89 2
50 Trailing Returns through June 30, 2003 16.29 2
22.5 Fund 13.35 100
22.5 EAFE 7.98 -19.69
5 Diff 1 Yr 19.57
Trailing Returns through December 31, 2003 1 Yr FUND #REF! 1 Yr 1 Yr FUND -11.04 -0.1104 39.26
Fund UNIVERSE ############################## UNIVERSE 91 -6.05
Index POLICY #REF! -6.05 POLICY -6.05 -0.0605 20.98
Diff -4.99 48 1
1 Yr 2 Yr 9.7 0
15.82 ############################## -1.34 1
16.03 -7.65 -6.42 -0.36
-0.21 -3.14 -9.21 -7.46
2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr -12.06 0
1/6/1900 3/21/2001 2 Yr Diff
  3.93   Incept -10.79 0
  1/2/1900   -10.38 83 0
  3 Yr   -7.98 -7.65 -100
3.93 -2.4 57 -0.75
2 Calendar Year Returns 8.44 -1.81
1.93 Fund -0.7 -1.06
4 Yr EAFE   -6.96 -4.99
1.74 Diff -9.7 -0.1
1/1/1900 6/30/2003 -13.66 -0.01
0.11 Qtr 3 Yr -5.32
5 Yr 3 Yr FUND #REF! 17.76 3 Yr FUND 1.57 0.0157 0
4.33 N/A 1/19/1900 UNIVERSE -6.18 -0.24
3.19   #REF! -1.81 POLICY -12.24 -0.1224 -5.12
1.14 2003 -15.88 1.28
6 Yr 5 Yr YTD -20.62 5 Yr 2 Yr
6.43 6.05 4 Yr # of Negative Qtrs
5.52 # of Positive Qtrs 9.85 5.41 # of Positive Qtrs
0.91 Batting Average ############################## -0.32 Batting Average
7 Yr Worst Qtr 2002 -4.16 Worst Qtr
1/8/1900 Best Qtr ############################## -6.7 Best Qtr
7.22 Range -15.65 -9.92 Range
1.03 Worst 4 Qtrs ############################## 5 Yr Worst 4 Qtrs
8 Yr Standard Deviation 2001 2000 1999 1998 1997 1996 1995 1994 10.2 Standard Deviation
1/8/1900 Beta Returns in Up Markets 2.77 Beta
7.74 Annualized Alpha Fund -1.49 Annualized Alpha
0.92 R-Squared EAFE -4.27 R-Squared
9 Yr Sharpe Ratio Ratio -7.36 Sharpe Ratio
10.05 Treynor Ratio 1 Yr 6 Yr Treynor Ratio
1/9/1900 Tracking Error 1/24/1900 6.64 Tracking Error
0.64 Information Ratio 27.3 1.41 Information Ratio
10 Yr 5 Yr FUND #REF! Fund 3/28/1900 5 Yr FUND -1.72 -0.0172 Fund
8.93 N/A 9 2 Yr UNIVERSE -3.69 4
1/8/1900   #REF!   11 34 POLICY -8.09 -0.0809 4
0.5 Batting Average 45 37 7 Yr 25
9/30/1992 -7.62 91.9 8.57 -20.44
Incept 9.99 3/21/2001 3.88 17.76
9.47 17.61 Incept 0.88 38.2
8.5 -10.62 34 -1.36 -25.91
0.97 Standard Deviation 9.93 37 -5.83 18.05
Calendar Year Returns Beta 0.95 91.9 8 Yr 1
Fund Annualized Alpha -0.32 -0.0032 Returns in Down Markets 8.99 -3.33 -0.0333
Index R-Squared 0.97 Fund 5.26 0.99
Diff -0.09 EAFE 2.7 -0.7
12/31/2003 -0.91 Ratio 0.66 -12.72
Qtr 1.88 1 Yr -3.32 1.43
6.13 -0.27 -28.3 Calendar Year Returns -2.2
6.02 Policy Index -26.2 Fund EAFE
0.11 9 108.2 Return 4
2003 11 2 Yr %-tile 4
YTD 55 -40.6 EAFE 75
15.82 -7.76 -37.7 Return -19.69
16.03 11.23 107.6 %-tile 19.57
################################# 18.99 3/21/2001 Universe 39.26
2002 -10.74 Incept 5th %-tile -22.95
-2.93 Standard Deviation 10.29 -34.6 25th %-tile 17.94
-6.92 1 -32.6 50th %-tile   1
3.99 0 106 75th %-tile 0
2001 1 21.35 95th %-tile   1
################################# -0.03 27.17 Qtr -0.53
-1.75 QU. FUND #REF! -0.35 -5.82 QU. FUND 17.76 0.1776 -9.58
1.59 UNIVERSE 0 1997 UNIVERSE 70 0
2000 POLICY #REF! Diff 23.48 POLICY 19.57 0.1957 Diff
-4.56 0 22.11 49 0
0.55 0 1.37 26.5 0
-5.11 -10 1996 22.25 -50
1999 0.14 20.73 19.39 -0.75
15.39 -1.24 14.81 17.23 -1.81
9.65 -1.38 5.92 14.38 -1.06
5.74 0.12 1995 1994 YTD -2.96
1998 -0.36 Returns in Up Markets 6.05 0.11
17.59 -0.05 Fund 89 0
17.98 -0.32 Policy 9.85 -3.33
-0.39 -0.03 Ratio 52 -0.01
1997 -0.06 3 Yr 20.72 -0.17
19.82 -0.56 15.4 13.85 -3.14
18 1.88 24.2 9.98 1.43
1.82 7 Yr 63.5 7.42 Incept
1996 # of Negative Qtrs 5 Yr 5.24 # of Negative Qtrs
11.57 # of Positive Qtrs 22.8 2002 # of Positive Qtrs
1/11/1900 2002 FUND #REF! Batting Average 30 2002 FUND -16.98 -0.1698 Batting Average
0.11 UNIVERSE Worst Qtr 76.1 UNIVERSE 69 Worst Qtr
1995 POLICY #REF! Best Qtr 7 Yr POLICY -15.65 -0.1565 Best Qtr
21.85 Range 23.7 60 Range
23.75 Worst 4 Qtrs 26.6 1.13 Worst 4 Qtrs
-1.9 Standard Deviation 89.1 -8.2 Standard Deviation
1994 Beta 9/30/1995 -14.26 Beta
-0.65 Annualized Alpha Incept -17.82 Annualized Alpha
################################# R-Squared 23.3 -22.25 R-Squared
-0.62 Sharpe Ratio 24.9 2001 Sharpe Ratio
Returns in Up Markets 2001 FUND #REF! Treynor Ratio 93.4 2001 FUND 3.58 0.0358 Treynor Ratio
Fund UNIVERSE Tracking Error Returns in Down Markets N/A -10.16 Tracking Error
Index POLICY #REF! Information Ratio Fund   -18.13 -0.1813 Information Ratio
Ratio Fund Policy -22.9 Fund
3 Yr 9 Ratio -29.05 5.11
17.6 19 3 Yr 2000 4
18.2 42.86 -12.8 2.88 34.15
96.5 -7.62 -26.1 -8.21 -20.44
5 Yr 10.55 49 -15.61 17.76
16.3 18.17 5 Yr -24.08 38.2
16 2000 FUND #REF! -10.62 -13.5 2000 FUND -34 -0.34 -25.91
4/10/1900 N/A 9.34 -21.1 N/A 1999 17.72
10 Yr   #REF! 0.94 64.1   116.89 1.1689 1
17.4 0.15 0.0015 7 Yr 67.58 -2.49
17.2 0.96 -13.5 47.85 0.99
101.5 0.31 -21.1 28.32 -0.71
9/30/1992 3.07 64.1 16.51 -12.62
Incept 1.96 9/30/1995 1998 1.52
16.9 -0.15 Incept 27.64 -1.58
1/15/1900 Index -13.5 17.86 EAFE
106 1999 FUND #REF! 9 -21.1 1999 FUND 11.79 0.1179 5.11
Returns in Down Markets N/A 19 64.1 N/A 2.35 4
Fund   #REF! 57.14   -29.32 -0.2932 65.85
Index -7.76 1997 -19.69
Ratio 11.23 22.94 19.57
3 Yr 18.99 11.7 39.26
-12.6 -10.74 5.22 -22.95
-17 9.72 -2.28 17.61
73.8 1 -30.46 1
5 Yr 0 1996 0
-11.4 1998 FUND #REF! 1 1998 FUND 28.9 0.289 1
-13.5 UNIVERSE 0.33 N/A 20.05 -0.58
84.4 POLICY #REF! 3.18   14.65 0.1465 -10.22
10 Yr 0 9.94 0
-10.6 Diff 0.97 Diff
-11.6 0 1995 0
91.5 0 21.87 0
9/30/1992 -14.28 13.07 -31.7
Incept 0.14 9.83 -0.75
-10.6 -0.68 3.73 -1.81
-11.6 #REF! -0.82 -8.25 -0.0825 -1.06
91.5 0.12 72 -2.96
#REF! -0.38 18.16 0.1816 0.11
-0.06 57 0
0.15 39.63 -2.49
-0.04 26.6 -0.01
-0.02 20.04 -0.13
-0.11 15.04 -2.4
1.96 10.25 1.52
Incept 1998 Incept
#REF! # of Negative Qtrs 21.35 0.2135 # of Negative Qtrs
# of Positive Qtrs 50 # of Positive Qtrs
#REF! Batting Average 27.17 0.2717 Batting Average
Worst Qtr 16 Worst Qtr
Best Qtr 32.25 Best Qtr
Range 25.03 Range
Worst 4 Qtrs 21.2 Worst 4 Qtrs
Standard Deviation 17.82 Standard Deviation
Beta 10.66 Beta
Annualized Alpha 1997 Annualized Alpha
R-Squared 23.48 R-Squared
Sharpe Ratio 17 Sharpe Ratio
Treynor Ratio 22.11 Treynor Ratio
Tracking Error 31 Tracking Error
Information Ratio 26.02 Information Ratio
Fund 22.69 Fund Fund
9 20.28 10
21 17.15 21
43.33 11.87 Batting Average 51.61
-7.62 1996 -8.65
10.55 20.73 16.75
18.17 4 25.4
-10.62 14.81 -9.99
9.05 34 Standard Deviation 10.7
0.94 19.27 Beta 0.7
0.16 15.51 Annualized Alpha 4.53
0.96 13.72 R-Squared 0.7
0.33 11.65 0.52
3.18 7.45 7.94
1.95 1995 6.97
-0.14 33.89 0.32
Index 28.38 Policy Policy
9 25.99 10
21 23.47 21
56.67 19.28 48.39
-7.76 -11.53
11.23 15.59
18.99 27.12
-10.74 -24.93
9.41 Standard Deviation 12.71
1 1
0 0
1 1
0.35 0.26
3.27 3.3
0 0
Diff Diff
0 0
0 0
-13.34 3.22
0.14 2.88
-0.68 1.16
-0.82 -1.72
0.12 14.94
-0.36 -2.01
-0.06 -0.3
0.16 4.53
-0.04 -0.3
-0.02 0.26
-0.09 4.64
1.95 6.97