HOLLYWOOD POLICE PDF
LOCK TOTAL FUND EXECUTIVE HERE LOCK LOCK TOTAL FUND UNIVERSE HERE(p1) LOCK TOTAL FUND UNIVERSE HERE(p2) LOCK TOTAL FUND RISK MEASURES LOCK LOCK TOTAL EQUITY EXECUTIVE HERE LOCK LOCK TOTAL EQUITY UNIVERSE HERE(p1) N/A LOCK LOCK TOTAL EQUITY RISK HERE LOCK LOCK TOTAL FIXED EXECUTIVE HERE LOCK TOTAL FIXED UNIVERSE HERE(p1) N/A LOCK LOCK TOTAL FIXED RISK MEAS. HERE LOCK
START @B3 Hollywood Police Pension Fund START @E3 Hollywood Police Pension Fund % Hollywood Police Pension Fund START @H3 Hollywood Police Pension Fund % START @N3 Hollywood Police Pension Fund START @Q3 Hollywood Police Pension Fund Hollywood Police Pension Fund % Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund Hollywood Police Pension Fund
Total Fund Total Net Returns Total Fund Total Net Returns Hollywood Police Pension Fund Total Fund Total Net Returns Total Equity Total Equity Returns Total Equity Total Equity Returns Total Equity Returns Total Equity Returns INVERNESS Bond Returns INVERNESS Bond Returns INVERNESS Bond Returns INVERNESS Bond Returns
Executive Summary Universe Universe Comparisons Total Net Returns Risk Measures Risk Measures Executive Summary Universe Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Universe Comparisons Risk Measures
3 33%BLCC,10%BLCG,7%BLCVC,4%BSC,23%BFI,23%IFI Universe Comparisons 22 25 61.1%BLCC, 18.5%BLCG, 13%BLCVC, 7.4%BSC 61.1%BLCC, 18.5%BLCGC, 13%BLCVC, 7.4%BSC 27 35 50% Broad FI, 50% Intermediate FI 50% Broad FI, 50% Intermediate FI 38
Inception date is September 30, 1992 5 33%BLCC,10%BLCG,7%BLCVC,4%BSC,23%BFI,23%IFI 3 Yr Inception date is September 30, 1992 26 40 3 Yr Inception date is September 30, 1992 36 29 3 Yr
All dollar values are shown in thousands. Returns are in percent. "%-tile" is the percentile ranking within the universe. 6 # of Negative Qtrs 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. 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 are in percent. "%-tile" is the percentile ranking within the universe. # of Positive 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. Returns for periods exceeding one year are annualized. # of Positive Qtrs
Returns are net of fees. Incept is September 30, 1992 to June 30, 2008 Returns for periods exceeding one year are annualized. Batting Average Returns are net of fees. Incept is September 30, 1992 to June 30, 2008 Fiscal Year Returns Ending September Batting Average Returns are gross of fees. Incept is September 30, 1992 to June 30, 2008 Fiscal Year Returns Ending September Batting Average
Account Reconciliation Trailing Returns through June 30, 2008 Fiscal Year Returns Ending September Worst Qtr Account Reconciliation Trailing Returns through June 30, 2008 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through June 30, 2008 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr
Beginning Value 5-25th %tile 25-50th %tile 50-75th %tile 5-25th %tile 25-50th %tile 50-75th %tile Best Qtr Beginning Value Fund 75-95th %tile Fund Index Best Qtr Beginning Value Fund 75-95th %tile Fund Index Best Qtr
Net Flows 75-95th %tile Fund Index 75-95th %tile Fund Index Range Net Flows Return -40.00% Range Net Flows Return -5.00% Range
Investment G/L -10.00% -20.00% Worst 4 Qtrs Investment G/L %-tile -30.00% Worst 4 Qtrs Investment G/L %-tile 0.00% Worst 4 Qtrs
Ending Value -5.00% -10.00% Standard Deviation Ending Value Index -20.00% Standard Deviation Ending Value Index 5.00% Standard Deviation
6/30/2008 0.00% 0.00% Beta 6/30/2008 Return -10.00% Beta 6/30/2008 Return 10.00% Beta
Qtr 5.00% 10.00% Annualized Alpha Qtr %-tile 0.00% Annualized Alpha Qtr %-tile 15.00% Annualized Alpha
202,633 10.00% 20.00% R-Squared 119,312 Universe 10.00% R-Squared 74,991 Universe 20.00% R-Squared
-3,327 15.00% 30.00% Sharpe Ratio -2,166 5th %-tile 20.00% Sharpe Ratio -113 5th %-tile 25.00% Sharpe Ratio
-1,651 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 40.00% Treynor Ratio -657 25th %-tile 30.00% Treynor Ratio -785 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio
197,654 Trailing Returns through June 30, 2008 Qtr YTD 2007 2006 2005 2004 2003 2002 2001 2000 Tracking Error 116,489 50th %-tile 40.00% Tracking Error 74,093 50th %-tile Fiscal Year Returns Ending September Tracking Error
2008 Fund Fiscal Year Returns Ending September Information Ratio 2008 75th %-tile 50.00% Information Ratio 2008 75th %-tile Fund Information Ratio
YTD Return Fund Fund YTD 95th %-tile 60.00% Fund YTD 95th %-tile Return Fund
214,251 %-tile Return 4 131,933 1 Yr Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 4 72,293 1 Yr %-tile 4
-4,435 Index   %-tile 8 -434 -7.01 -0.0701 Fiscal Year Returns Ending September   8 -1,556 7.12 0.0712 Index 8
-12,162 Return Index 58.33 -15,010 3 Fund 75 3,357 5 Return 50
197,654 %-tile   Return -4.12 116,489 -12.8 -0.128 Return   -8.37 74,093 7.32 0.0732 %-tile -1.03
9/30/1992 Universe %-tile 4.73 9/30/1992 59 %-tile 8.33 9/30/1992 4 Universe 3.46
Incept 5th %-tile Universe 8.85 Incept -7.77 Index 16.7 Incept 6.87 5th %-tile 4.49
59,084 25th %-tile 5th %-tile -2.09 18,638 -11.05 Return -7.01 36,929 4.75 25th %-tile -0.51
232 50th %-tile 25th %-tile 5.78 3,556 -12.39 %-tile 10.06 -10,194 3.05 50th %-tile 2.7
138,338 75th %-tile 50th %-tile 1.06 94,295 -13.99 Universe 0.95 47,358 1.05 75th %-tile 0.94
197,654  197,654,000 95th %-tile 75th %-tile 1.47 116,489   116,489,000 -17.09 5th %-tile 3.93 74,093    74,093,000                                                                                                             (2) 95th %-tile 0.33
Investment Policy 1 Yr ####### 95th %-tile 0.92 Investment Policy 2 Yr 25th %-tile 0.94 Investment Policy 2 Yr Qtr 0.98
Index -2.09 -0.0209 Qtr ####### 0.37 Index 6.85 0.0685 50th %-tile 0.43 Index 6.54 0.0654 QU. FUND 0.1 0.001 0.01
S&P 500 1 Yr FUND 6 0.06 -0.85 2.04 S&P 500 1 75th %-tile 4.53 Lehman Gov/Credit-Intermediate 3 UNIVERSE 49 0.03
Lehman Gov/Credit-Intermediate UNIVERSE -3.74 -0.0374 45 0.45 1.62 Russell 1000 Growth 2.37 0.0237   95th %-tile   2.44 Lehman Gov/Credit Bond 6.6 0.066 POLICY 0.03 0.0003 0.4
Lehman Gov/Credit Bond POLICY 23 -1.69 1.09 Russell 1000 Value 45   Qtr 1.58 Total 3 59   0.22
Other -1.99 Qtr 82 0.82 Index Russell 2000 1 Yr FUND 5.25 Qtr -1.98 -0.0198 Index Weight 6.25 0.61 Index
Weight -3.96 UNIVERSE 0.73 4 Weight UNIVERSE 3.24 UNIVERSE 29 4 50 5.14 0.31   4
33 -5.29 -0.0529 POLICY -0.36 -0.0036 8 61.1 POLICY 2.24 POLICY -1.9 -0.019 8 50 1 Yr FUND 4.34 0.09 8
23 -6.62 -0.98 41.67 18.5 1.27 26 25 100 UNIVERSE 3.43 -0.1 50
23 -8.84 -0.0884 -1.56 -3.95 13 -0.23 -0.9 -9.51 Trailing Returns through June 30, 2008 POLICY 1.94 -0.36 -1.52
21 2 Yr   -2.49 4.35 7.4 3 Yr -1.9   6.89 Fund 3 Yr YTD 3.55
Trailing Returns through June 30, 2008 6.23 YTD 8.3 Trailing Returns through June 30, 2008 8.41 0.0841 -2.42 16.4 Index 4.14 0.0414 0.07   5.07
Fund 1   -5.74 -3.74 Fund 2 -3.3   -12.8 Diff 6 71 -0.86
Index 4.51 15 5.25 Index 4.56 0.0456 -4.73 10.27 1 Yr 4.05 0.0405 -0.12   2.86
Diff 9 -5.94 1 Diff 51 YTD 1 7.12 8 81 1
1 Yr 4.84 19 0 1 Yr 6.82 6.28 0 7.32 4.19 2.16 0
-2.09 -0.0209 3.86 -4.79 1 -7.01 5.28 12 1 -0.2 3.42 1.15 1
-3.74 3.16 -6.21 0.07 -12.8 4.57 5.07 0.04 2 Yr 2.87 0.49 -0.02
1.65 0.0165 2.56 -7.06 0.39 5.79 3.87 37 0.45 6.54 2.27 -0.05 -0.06
2 Yr 1.26 -8.12 0 2 Yr 1.97 7.09 0 6.6 1.37 -0.53 0
6.23 3 Yr ####### -9.57 Diff 6.85 4 Yr   5.48 Diff ############################################### 4 Yr 2005 Diff
4.51 6.27 0.0627 2007 0 2.37 7.87 0.0787 4.59   0 3 Yr 4.51 2004 2.02 0.0202 0
1.72 3 YR FUND 2 0.02 15.31 0 4.48 3 3.64   0 4.14 14 UNIVERSE 68 0
3 Yr UNIVERSE 4.5 0.045 1 16.66 3 Yr 5.09 0.0509 1.56     50 4.05 4.54 POLICY 2.02 0.0202 0
6.27 0.0627 POLICY 17 11.28   -0.17 8.41 52 2005 1.14 0.09 14 68   0.49
4.5 5.21 2004 39 0.39 0.38 4.56 3 YR FUND 7.24 2004 14.34 0.1434 1.44 4 Yr 4.96 4.66 -0.09
1.77 0.0177 4.29 UNIVERSE 13.2   0.55 3.85 UNIVERSE 5.86 UNIVERSE 41 0.3 4.51 4.19 2.94   -0.58
4 Yr 3.79 0.0379 POLICY 11.79 0.1179 1.65 4 Yr POLICY 5.16 POLICY 13.15 0.1315 5.79 4.54 3 YR FUND 3.7 2.38 0.35
6.06 3.33 10.95 0.53 7.87 4.49 63 -0.21 -0.03 UNIVERSE 3.25 1.89 -0.16
5 2.37 0.0237 10.25 0.06 5.09 2.99 18.21 -0.05 5 Yr POLICY 2.58 1.28 -0.06
1.06 4 Yr 8.88 1.47 2.78 5 Yr 15.44   3.93 3.81 5 Yr 2004 0.33
5 Yr 6.06   2006 -0.08 5 Yr 9.99 0.0999 13.73 -0.06 3.54 3.81 0.0381 2003 3.49 0.0349 -0.02
6.95 4 7.57 0.3 9.99 5 12.47   0.39 0.27 20 UNIVERSE 33 0.03
6.04 5 24 1.65 7.91 7.91 0.0791 9.75   4.08 6 Yr 3.54 0.0354 POLICY 3 0.03 0.09
0.91 24 7.18   1.62 2.08 50 2004 2.44 5.15 29 49   0.4
6 Yr 5.83 2003 38 0.38 5 Yr 5 Yr 6 Yr 9.86 2003 12.54 0.1254 5 Yr 5 Yr 4.9 4.89 7.43 5 Yr 5 Yr
6.53 4.97 UNIVERSE 8.4   # of Negative Qtrs 8.16 8.59 UNIVERSE 59 # of Negative Qtrs 0.25 3.61 3.83   # of Negative Qtrs
6.16 4.5 POLICY 7.51 0.0751 # of Positive Qtrs 6.77 7.89 POLICY 13.64 0.1364 # of Positive Qtrs 7 Yr 3.14 2.96 # of Positive Qtrs
0.37 4.02 6.84 Batting Average 1.39 7.33 40 Batting Average 5.65 2.69 2.27 Batting Average
7 Yr 3.36   6.17 Worst Qtr 7 Yr 5.74 18.31 Worst Qtr 5.36 2.12 1.54 Worst Qtr
5.23 5 Yr ####### 5.03 Best Qtr 1/5/1900 6 Yr 14.62 Best Qtr 1/0/1900 6 Yr 2003 Best Qtr
4.12 6.95 0.0695 2005 Range 2.53 8.16 13.05 Range 8 Yr 5.15 2002 7.39 0.0739 Range
1/1/1900 5 YR FUND 9 0.09 8.74 Worst 4 Qtrs 1/2/1900 7 11.06 Worst 4 Qtrs 6.37 16 UNIVERSE 21 Worst 4 Qtrs
8 Yr UNIVERSE 6.04 0.0604 53 Standard Deviation 8 Yr 6.77 0.0677 8.09   Standard Deviation 6.06 4.9 POLICY 6.26 0.0626 Standard Deviation
1/3/1900 POLICY 35 8.03   Beta 1.88 47 2003 Beta 0.31 20 27   Beta
2.83 7.2 2002 77 0.77 Annualized Alpha -0.46 5 YR FUND 8.5 0.085 2002 20.44 0.2044 Annualized Alpha 9 Yr 6.34 15.41 Annualized Alpha
0.75 6.28 UNIVERSE 11.18   R-Squared 2.34 UNIVERSE 7.29 UNIVERSE 88 R-Squared 6.06 4.66 0.0466 6.36   R-Squared
9 Yr 5.77 0.0577 POLICY 9.82 0.0982 Sharpe Ratio 9 Yr POLICY 6.68 POLICY 25.89 0.2589 Sharpe Ratio 5.86 5 YR FUND 4.12 4.78 Sharpe Ratio
4.33 5.33 8.86 Treynor Ratio 3.31 6.15 18 Treynor Ratio 0.2 UNIVERSE 3.63 0.0363 3.82 Treynor Ratio
3.15 4.64 0.0464 8.06 Tracking Error 1/0/1900 5.16 28.13 Tracking Error 10 Yr POLICY 2.99 2.69 Tracking Error
1.18 6 Yr 6.97 Information Ratio 1/2/1900 7 Yr 25.31   Information Ratio 5.82 7 Yr 2002 Information Ratio
10 Yr 6.53   2004 Fund Fund 10 Yr 5.34 23.7 Fund Fund 5.62 5.65 2001 8.77 0.0877 Fund Fund
4.93 14 8.1 6 4.64 5 21.94   6 0.2 9 UNIVERSE 6 6
1/4/1900 6.16 82 14 1/2/1900 2.53 18.64   14 9/30/1992 5.36 POLICY 8.65 0.0865 14
0.79 27 8.75   Batting Average 60 2.23 59 2002 Batting Average 55 Incept 14 8   Batting Average 55
9/30/1992 7.02 2001 68 0.68 -4.12 9/30/1992 5.21 2001 -9.95 -0.0995 -8.37 6.18 5.84 8.8 -2.18
Incept 6.19 UNIVERSE 11.64   6.68 Incept 3.85 UNIVERSE 5 11.66 1/6/1900 4.9 7.65   3.46
8.01 5.7 POLICY 10.39 0.1039 10.8 10.52 2.72 POLICY -20.84 -0.2084 20.03 0.12 4.44 6.86 5.64
7.15 5.33 9.32 -2.09 9.21 2.09 71 -7.01   Fiscal Year Returns Ending September 4.02 5.67 -0.51
0.86 4.53 8.46 Standard Deviation 5.44 1.31 0.76 -10.38 Standard Deviation 9.5 Fund 3.44 1.79 Standard Deviation 3.27
Fiscal Year Returns Ending September 7 Yr 6.98 Beta 1.03 Fiscal Year Returns Ending September 8 Yr -17.34 Beta 0.96 Index 8 Yr 2001 Beta 0.89
Fund 5.23 2003 Annualized Alpha 0.69 0.0069 Fund 1.88 -19.53 Annualized Alpha 2.27 0.0227 Diff 6.37 2000 13.27 0.1327 Annualized Alpha 0.65 0.0065
Index 8 12.74 R-Squared 0.92 Index 32 -21.08 R-Squared 0.95 6/30/2008 3 UNIVERSE 4 R-Squared 0.98
Diff 4.12 92 0.72 Diff -0.46 -23.77   0.73 Qtr 6.06 POLICY 13.04 0.1304 0.23
6/30/2008 42 16.91   3.78 6/30/2008 79 2001 7.22 -1.03 6 7   0.84
Qtr 5.39 2000 30 0.3 1.58 Qtr 5.7 2000 -31.03 -0.3103 2.26 -1.52 6.13 13.13 0.58
-0.85 -0.0085 4.52 UNIVERSE 21.19   0.58 -0.66 2.69 UNIVERSE 76 0.92 0.49 5.46 12.35   0.47
-1.69 -0.0169 3.91 POLICY 17.2 0.172 Policy Index -2.09 0.56 POLICY -30.46 -0.3046 Policy Index 2008 5.05 11.69 Policy Index
0.84 3.43 15.68 6 1.43 -0.34 73 6 YTD 4.64 10.55 7
2008 2.67 14.27 14 2008 -2.5 -5.3 14 1/4/1900 4.01 0.57 13
YTD 8 Yr 12.07 40 YTD 9 Yr -17.68 45 4.25 9 Yr 2000 45
-5.74 3.58 2002 -3.95 -11.52 3.31 -27.57 -9.51 0.23 6.06 6.22 -2.84
-5.94 35 -2.02 6.42 -14.3 19 -30.96 12.03 2007 3 33 3.55
0.2 2.83 3 10.37 2.78 0.35 -39.84 21.54 5.02 5.86 6.47 6.39
2007 66 -7.82 -3.74 2007 81 2000 -12.8 5.27 6 17 -0.86
15.31 6.02 65 Standard Deviation 5.05 23.49 5.18 17.11 Standard Deviation 9.63 -0.25 5.89 6.94 Standard Deviation 3.66
11.28 4.34 -2.84 1 16.43 2.82 36 1 2006 5.22 6.33 1
4.03 3.17 -5.63 0 7.06 1.26 12.38 0 3.52 4.83 5.96 0
2006 2.61 -7.19 1 2006 0.49 67 1 3.43 4.44 5.47 1
7.57 1.34 -8.46 0.59 11.04 -0.64 37.21 0.5 0.09 3.91 2.92 0.13
7.18 9 Yr -10.21 2.98 10.36 10 Yr 20.71 4.85 2005 10 Yr 1999 0.48
0.39 4.33 2001 0 0.68 4.64 14.58 0 2.02 5.82 -0.41 0
2005 25 -13.38 Diff 2005 20 10.6 Diff 2.02 2 72 Diff
8.74 3.15 88 0 14.34 2.41 2.15 0 0 5.62 -0.5 -1
8.03 67 -12.38 0 13.15 70 1999 0 2004 3 75 1
0.71 5.56 86 20 1.19 6.2 30.59 10 3.49 5.48 3.72 10
2004 4.28 4.97 -0.17 2004 4.16 23 1.14 3 4.88 1.67 0.66
8.1 3.53 -3.59 0.26 12.54 2.98 26.68 -0.37 0.49 4.53 0.54 -0.09
8.75 2.93 -8.53 0.43 13.64 2.24 51 -1.51 2003 4.18 -0.58 -0.75
-0.65 2.13 -10.2 1.65 -1.1 0.96 42.92 5.79 7.39 3.72 -2.06 0.35
2003 10 Yr -17.62 0.39 2003 Fiscal Year Returns Ending September 29.79 -0.13 6.26 Fiscal Year Returns Ending September 1998 -0.39
12.74 4.93 2000 0.03 20.44 Fund 26.74 -0.04 1.13 Fund 11.65 -0.11
16.91 21 12.39 0.69 25.89 Return 17.54 2.27 2002 Return 7 0.65
-4.17 4.14 35 -0.08 -5.45 %-tile 2.98 -0.05 8.77 %-tile 11.62 -0.02
2002 54 9.42 0.13 2002 Index 1998 0.23 8.65 Index 8 0.1
-2.02 5.79 65 0.8 -9.95 Return 6.61 2.37 0.12 Return 12.17 0.36
-7.82 4.79 27.94 1.58 -20.84 %-tile 37 2.26 2001 %-tile 9.97 0.58
5.8 4.2 14.1 10 Yr 10.89 Universe 10.1 10 Yr 13.27 Universe 8.86 10 Yr
2001 3.79 10.45 # of Negative Qtrs 2001 5th %-tile 11 # of Negative Qtrs 13.04 5th %-tile 7.67 # of Negative Qtrs
-13.38 3.07 8.8 # of Positive Qtrs -31.03 25th %-tile 12.45 # of Positive Qtrs 0.23 25th %-tile 2.96 # of Positive Qtrs
-12.38 37 3.94 Batting Average ############################################### 50th %-tile 8.45   Batting Average 6/22/1905 50th %-tile 16.26   Batting Average
-1 6.78 13.19 Worst Qtr -0.57 75th %-tile 4.58 Worst Qtr 6.22 75th %-tile 12.82 Worst Qtr
6/22/1905 5.96 9.86 Best Qtr 2000 95th %-tile -2.5   Best Qtr 6.47 95th %-tile 8.28   Best Qtr
12.39 5.45 8.54 Range 17.11 Qtr -15.76 Range -0.25 Qtr 27 Range
9.42 5.05 4.07 Worst 4 Qtrs 1/12/1900 -0.66 -0.0066 -17.25   Worst 4 Qtrs 6/21/1905 -1.03 -0.0103 9.46   Worst 4 Qtrs
2.97 4.43 Standard Deviation 4.73 27 19 Standard Deviation -0.41 81 3.7 Standard Deviation
6/21/1905 Beta 1999 -2.09 -0.0209 17.44   Beta -0.5 -1.52 -0.0152 2.37   Beta
14.22 Annualized Alpha 30.59 68 15.88 Annualized Alpha 0.09 94 1.11 Annualized Alpha
1/12/1900 R-Squared 26.68 1.23 14.26 R-Squared Returns in Up Markets 0.81 0.39 R-Squared
1.43 Sharpe Ratio 3.91 -0.58 YTD Sharpe Ratio Fund -0.01 YTD Sharpe Ratio
Returns in Up Markets Treynor Ratio Returns in Up Markets -1.63 12.31 Treynor Ratio Index -0.44 4.44 Treynor Ratio
Fund Tracking Error Fund -2.37 65 Tracking Error Ratio -0.93 37 Tracking Error
Index Information Ratio Index -3.94 13.02 Information Ratio 3 Yr -1.53 5.23 Information Ratio
Ratio Fund Ratio YTD 50 Fund 7.6 YTD 29 Fund
3 Yr 14 3 Yr -11.52 17.59 16 7.9 4.48 16.11 8
13.5 26 21.2 10 14.43 24 96.2 3 5.92 32
10.7 60 16.6 -14.3 13.01 60 5 Yr 4.25 3.67 57.5
126.6 -5.94 127.7 61 11.77 -15 7.5 4 1.98 -2.18
5 Yr 11.33 5 Yr -10.9 9.97 22.14 7.9 3.98 0.87 4.93
12.5 17.27 20.5 -12.85 2002 37.14 95.9 2.41 2002 7.11
11.7 -13.38 18.7 2002 FUND -13.96 -21.65   -31.03 10 Yr 2002 FUND 1.12 10.49   -0.66
107.3 7.73 4/18/1900 UNIVERSE -14.9 88 14.69 1/9/1900 UNIVERSE -0.45 11 3.42
10 Yr 0.95 10 Yr POLICY -16.52 -20.67   0.93 9.2 POLICY -3.05 11.02   0.93
1/15/1900 0.99 29.6 2007 84   2.34 98.3 2007 8 0.59
1/15/1900 0.93 1/28/1900 23.49 -9.82 0.95 9/30/1992 5.02 11.72   0.97
101 0.19 4/11/1900 1 -13.94 0.08 Incept 19 9.31 0.69
9/30/1992 1.54 9/30/1992 16.43 -16.68 1.26 9.7 5.27 7.69   2.53
Incept 2.14 Incept 56 -19.33 3.54 9.8 16 4.45 0.64
15.7 0.37 26.6 20.38 -23.14 0.63 98.7 6.16 -2.07 0.31
1/15/1900 Index 26.5 17.86 2001 Index Returns in Down Markets 4.8 2001 Index
103.8 16 100.6 2001 FUND 16.66 -5.89   17 Fund 2001 FUND 4.05 8.73   11
Returns in Down Markets 24 Returns in Down Markets UNIVERSE 15.31 74 23 Index UNIVERSE 3.34 14 29
Fund 40 Fund POLICY 12.87 -11.08   40 Ratio POLICY 2.49 8.51   42.5
Index -7.1 Index 2006 96 -16.86 3 Yr 2006 18 -2.84
Ratio 10.38 Ratio 11.04 5.46 21.13 -2.5 3.52 9.68   5.11
3 Yr 17.48 3 Yr 14 -0.02 37.99 -3.2 51 8.13 7.95
-6.9 -12.38 -13.3 10.36 -3.26 -30.46 76.2 3.43 7.33   -0.89
-6.9 7.87 -15.9 28 -6.04 15.36 5 Yr 56 6.21 3.64
100.6 1 83.2 11.95 -10.93 1 -2.8 5.33 0.36 1
5 Yr 0 5 Yr 10.48 2000 0 -4 4 2000 0
-5 1 -11 2000 FUND 9.44 -5.56   1 69.1 2000 FUND 3.53 12.61   1
-6 0.09 -13.6 UNIVERSE 8.44 98 -0.07 10 Yr UNIVERSE 3.11 8 0.59
83.5 0.67 80.9 POLICY 6.2 -6.49   -1.06 -2.2 POLICY 2.62 11.84   2.15
10 Yr 0 10 Yr 2005 99 0 -3.3 2005 15 0
-9.6 Diff -21.7 14.34 16.45 Diff 67.8 2.02 13.05   Diff
-11.1 -2 ############################################### 38 9.38 -1 9/30/1992 68 11.01 -3
86.3 2 86.6 13.15 5.82 1 Incept 2.02 9.44   3
9/30/1992 20 9/30/1992 62 1.47 20 -2.8 68 7.02 15
Incept 1.16 Incept 17.51 -4.06 1.86 -3.5 4.66 -8.83 0.66
-9.1 0.95 -21.3 15.21 1999 1.01 79.3 2.94 1999 -0.18
-10.5 -0.21 -24.3 1999 FUND 13.61 19.52   -0.85 1999 FUND 2.38 -2.72   -0.84
86.9 -1 87.6 UNIVERSE 12.57 46 -0.57 UNIVERSE 1.89 88 0.23
-0.14 POLICY 10.85 20.41   -0.67 POLICY 1.28 -2.15   -0.22
-0.05 2004 41 -0.07 2004 83 -0.07
0.99 12.54 35.59 2.34 3.49 7   0.59
-0.07 75 24.4 -0.05 33 2.72 -0.03
0.1 13.64 18.88 0.15 3 0.33   0.1
0.87 55 13.96 2.32 49 -1.4 0.38
2.14 17.89 8.02 3.54 7.43 -3.93 0.64
Incept 15.49 1998 Incept 3.83 1998 Incept
# of Negative Qtrs 1998 FUND 13.79 16.91   # of Negative Qtrs 1998 FUND 2.96 9.74   # of Negative Qtrs
# of Positive Qtrs UNIVERSE 12.5 13 # of Positive Qtrs UNIVERSE 2.27 7 # of Positive Qtrs
Batting Average POLICY 9.05 20.4   Batting Average POLICY 1.54 9.47   Batting Average
Worst Qtr 2003 6 Worst Qtr 2003 8 Worst Qtr
Best Qtr 20.44 21.24 Best Qtr 7.39 9.93   Best Qtr
Range 88 14.25 Range 21 8.09 Range
Worst 4 Qtrs 25.89 9.97 Worst 4 Qtrs 6.26 6.94 Worst 4 Qtrs
Standard Deviation 23 6.68 Standard Deviation 27 5.76 Standard Deviation
Beta 30.2 1.46 Beta 15.41 -0.13 Beta
Annualized Alpha 25.63 1997 Annualized Alpha 6.36 1997 Annualized Alpha
R-Squared 24.03 38.59 R-Squared 4.78 8.55 R-Squared
Sharpe Ratio 21.87 1 Sharpe Ratio 3.82 54 Sharpe Ratio
Treynor Ratio 18.45 30.86 Treynor Ratio 2.69 9.75 Treynor Ratio
Tracking Error 2002 16 Tracking Error 2002 26 Tracking Error
Information Ratio -9.95 33.38 Information Ratio 8.77 14.34 Information Ratio
Fund 3 29.54 Fund 6 9.77 Fund
15 -20.84 26.7 17 8.65 8.72 14
48 78 23.64 46 8 7.12 49
58.73 -10.98 16.88 55.56 8.8 5.89 60.32
-5.94 -16.34 1996 -15 7.65 1996 -2.78
11.33 -19.27 19.67 22.14 6.86 5.98 5.99
17.27 -20.7 69 37.14 5.67 20 8.77
-13.38 -22.6 21.34 -31.03 1.79 2.91 -3.65
7.24 2001 52 13.5 2001 74 3.6
0.97 -31.03 28.78 0.94 13.27 13.49 0.96
1.02 85 24.05 1.8 4 5.37 0.35
0.91 -30.46 21.49 0.93 13.04 3.97 0.97
0.57 83 18.8 0.49 7 2.83 0.63
4.23 -3.16 14.89 7.03 13.13 1.19 2.36
2.16 -16.39 1995 3.7 12.35 1995 0.63
0.4 -25.88 37.47 0.35 11.69 23.05 0.19
Index -29.18 31.79 Index 10.55 18.43 Index
18 -38.74 28.75 18 0.57 16.26 17
45 2000 25.73 45 2000 12.82 46
41.27 17.11 21.74 44.44 6.22 8.28 39.68
-7.1 38 -16.86 33 -2.84
10.38 12.38 21.13 6.47 5.74
17.48 73 37.99 17 8.58
-12.38 39.17 -30.46 6.94 -2.9
7.12 20.12 13.92 6.33 3.69
1 14.61 1 5.96 1
0 12.22 0 5.47 0
1 3.41 1 2.92 1
0.46 0.38 0.58
3.24 5.3 2.15
0 0 0
Diff Diff Diff
-3 -1 -3
3 1 3
17.46 11.12 20.64
1.16 1.86 0.06
0.95 1.01 0.25
-0.21 -0.85 0.19
-1 -0.57 -0.75
0.12 -0.42 -0.09
-0.03 -0.06 -0.04
1.02 1.8 0.35
-0.09 -0.07 -0.03
0.11 0.11 0.05
0.99 1.73 0.21
2.16 3.7 0.63