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 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 Retuens (incl. convertible bonds) Inverness Bond Retuens (incl. convertible bonds) INVERNESS Bond Returns Inverness Bond Retuens (incl. convertible bonds)
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 24BLCC10BLCG7BLCVC2.5BLC6.5BSC23BFI23IFI4TMM Universe Comparisons 24 29 52BLCC 18.5BLCGC 13BLCVC 11.95BSC 4.55BLC 61.1%BLCC, 18.5%BLCGC, 13%BLCVC, 7.4%BSC 31 41 50% Broad FI, 50% Intermediate FI 50% Broad FI, 50% Intermediate FI 44
Inception date is September 30, 1992 5 24BLCC10BLCG7BLCVC2.5BLC6.5BSC23BFI23IFI4TMM 3 Yr Inception date is September 30, 1992 30 40 3 Yr Inception date is September 30, 1992 42 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, 2009 Returns for periods exceeding one year are annualized. Batting Average Returns are net of fees. Incept is September 30, 1992 to June 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are gross of fees. Incept is September 30, 1992 to June 30, 2009 Fiscal Year Returns Ending September Batting Average
Account Reconciliation Trailing Returns through June 30, 2009 Fiscal Year Returns Ending September Worst Qtr Account Reconciliation Trailing Returns through June 30, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through June 30, 2009 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 -20.00% -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 -15.00% -15.00% Standard Deviation Ending Value Index -20.00% Standard Deviation Ending Value Index 5.00% Standard Deviation
6/30/2009 -10.00% -10.00% Beta 6/30/2009 Return -10.00% Beta 6/30/2009 Return 10.00% Beta
Qtr -5.00% -5.00% Annualized Alpha Qtr %-tile 0.00% Annualized Alpha Qtr %-tile 15.00% Annualized Alpha
158,336 0.00% 0.00% R-Squared 75,592 Universe 10.00% R-Squared 77,548 Universe 20.00% R-Squared
-484 5.00% 5.00% Sharpe Ratio -4,968 5th %-tile 20.00% Sharpe Ratio 1,427 5th %-tile 25.00% Sharpe Ratio
13,732 10.00% 10.00% Treynor Ratio 10,786 25th %-tile 30.00% Treynor Ratio 3,096 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio
171,584 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 15.00% Tracking Error 81,411 50th %-tile 40.00% Tracking Error 82,071 50th %-tile Fiscal Year Returns Ending September Tracking Error
2009 Trailing Returns through June 30, 2009 20.00% Information Ratio 2009 75th %-tile 50.00% Information Ratio 2009 75th %-tile Fund Information Ratio
YTD Fund 25.00% Fund YTD 95th %-tile 60.00% Fund YTD 95th %-tile Return Fund
186,800 Return 30.00% 6 107,287 1 Yr Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 6 71,599 1 Yr %-tile 3
-2,174 %-tile   Qtr YTD 2008 2007 2006 2005 2004 2003 2002 2001 6 -5,767 -26 -0.2563 Fiscal Year Returns Ending September   6 2,927 8.22 0.0822 Index 9
-13,042 Index Fiscal Year Returns Ending September 41.67 -20,109 51 Fund 58.33 7,545 1 Return 41.67
171,584 Return   Fund -10.81 81,411 -26 -0.2577 Return   -22.49 82,071 5.28 0.0528 %-tile -1.89
9/30/1992 %-tile Return 8.75 9/30/1992 2/25/1900 %-tile 14.23 9/30/1992 12 Universe 5.36
Incept Universe %-tile 19.56 Incept -21.95 Index 36.72 Incept 6.41 5th %-tile 7.25
59,084 5th %-tile Index -20.09 18,638 -24 Return -35.36 36,929 3.93 25th %-tile 2.5
-1,432 25th %-tile Return 10.75 -1,642 -26 %-tile 18.16 -8,350 1.63 50th %-tile 4.88
113,932 50th %-tile %-tile 0.99 64,415 -27 Universe 0.94 53,491 -1.96 75th %-tile 1.08
171,584  171,584,000 75th %-tile Universe 1.02 81,411     81,411,000 -28 5th %-tile 2.37 82,071    82,071,000                                                                                                             (8) 95th %-tile 0.42
Investment Policy 95th %-tile ####### 5th %-tile 0.97 Investment Policy 2 Yr 25th %-tile 0.98 Investment Policy 2 Yr Qtr 0.91
Index 1 Yr ####### 25th %-tile ####### -0.31 Index -16.84 -0.1684 50th %-tile -0.46 Index 7.67 0.0767 QU. FUND 0.1 0.001 0.83
S&P 500 1 Yr FUND -12.25 -0.1225 50th %-tile -3.4 S&P 500 8 75th %-tile -8.88 Barclays Capital Gov/Credit-Intermediate 2 UNIVERSE 49 3.76
Barclays Capital Gov/Credit-Intermediate UNIVERSE 34 0.34 75th %-tile ####### 1.91 Russell 1000 Growth -19.54 -0.1954   95th %-tile   2.88 Barclays Capital Gov/Credit Bond 6.29 0.0629 POLICY 0.03 0.0003 1.49
Barclays Capital Gov/Credit Bond POLICY -12.02 -0.1202 95th %-tile 0.52 Russell 1000 Value 61   Qtr 0.94 Total 7 59   0.63
Other 29 0.29 Qtr Qtr ####### Index Other 1 Yr FUND -16.48 Qtr -1.98 -0.0198 Index Weight 6.56 0.61 Index
Weight -10.15 -0.1015 UNIVERSE 8.75 0.0875 6 Weight UNIVERSE -18.03 UNIVERSE 29 6 50 4.36 0.31   4
24 -11.83   POLICY 97 0.97 6 52 POLICY -19.19 POLICY -1.9 -0.019 6 50 1 Yr FUND 2.36 0.09 8
23 -13.18 9.11 0.0911 58.33 18.5 -20.14 26 41.67 100 UNIVERSE -0.36 -0.1 58.33
23 -14.79   91 -10.11 13 -21.54 -0.9 -22.43 Trailing Returns through June 30, 2009 POLICY -5.1 -0.36 -1.52
30 -18.86   14.55 9.11 16.5 3 Yr -1.9   16.73 Fund 3 Yr YTD 5.63
Trailing Returns through June 30, 2009 2 Yr 11.97 19.22 Trailing Returns through June 30, 2009 -5.31 -0.0531 -2.42 39.16 Index 7.1 0.071 0.07   7.15
Fund -7.31   10.68 -20.73 Fund 2 -3.3   -37.74 Diff 2 71 1.88
Index 13 9.79 10.65 Index -8.03 -0.0803 -4.73 19.1 1 Yr 6.16 0.0616 -0.12   4.3
Diff -7.98 8.84 1 Diff 54 YTD 1 8.22 5 81 1
1 Yr 24 YTD ####### 0 1 Yr -5.89 6.28 0 5.28 6.14 2.16 0
-12.25 -0.1225 -6.45 -6.9 -0.069 1 -25.63 -7.29 12 1 2.94 4.63 1.15 1
-12.02 -8.03 28 0.28 -0.41 -25.77 -7.97 5.07 -0.58 2 Yr 3.41 0.49 0.73
-0.23 -0.0023 -9.19 -7.27 -0.0727 -4.36 0.14 -8.53 37 -11.07 7.67 1.85 -0.05 3.12
2 Yr -10.44 37 0 2 Yr -9.69 7.09 0 6.29 -0.73 -0.53 0
-7.31 -13.12   -5.31 Diff -16.84 4 Yr   5.48 Diff 1/1/1900 4 Yr 2005 Diff
-7.98 3 Yr   -6.82 0 -19.54 -1.34 -0.0134 4.59   0 3 Yr 5.14 2004 2.02 0.0202 -1
0.67 3 YR FUND -0.33 -0.0033 -7.73 0 2.7 1 3.64   0 7.1 1 UNIVERSE 68 1
3 Yr UNIVERSE 1   -8.86 -16.66 3 Yr -4.02 -0.0402 1.56     16.66 6.16 4.36 POLICY 2.02 0.0202 -16.66
-0.33 -0.0033 POLICY -1.32 -0.0132 -11.39   -0.7 -5.31 58 2005 -0.06 0.94 6 68   -0.37
-1.32 8   2004 2008 20.08 -0.36 -8.03 3 YR FUND -2.08 2004 14.34 0.1434 -2.5 4 Yr 4.41 4.66 -0.27
0.99 0.0099 -1.1   UNIVERSE -11.16   0.34 2.72 UNIVERSE -3.21 UNIVERSE 41 -2.44 5.14 3.4 2.94   0.1
4 Yr -2.12   POLICY 21 0.21 0.64 4 Yr POLICY -3.85 POLICY 13.15 0.1315 2.38 4.36 3 YR FUND 2.52 2.38 0.62
1.3 -2.78 -10.76 0.1 -1.34 -4.32 63 -0.94 0.78 UNIVERSE 1.47 1.89 0.58
0.1 -3.62   15 -0.01 -4.02 -5.22 18.21 -0.06 5 Yr POLICY -0.65 1.28 0.08
1.2 -5.26 -9.84 1.02 2.68 5 Yr 15.44   2.37 5.24 5 Yr 2004 0.42
5 Yr 4 Yr   -11.35 -0.03 5 Yr 0.14 0.0014 13.73 -0.02 4.69 5.24 0.0524 2003 3.49 0.0349 -0.09
2.11 1.3 -12.69 0.1 0.14 3 12.47   0.12 0.55 2 UNIVERSE 33 0.1
1.35 1 -14 0.96 -1.97 -1.97 -0.0197 9.75   2.19 6 Yr 4.69 0.0469 POLICY 3 0.03 0.64
0.76 0.1 -16.2   1.91 2.11 66 2004 2.88 4.52 7 49   1.49
6 Yr 9 2003 2007 20.07 5 Yr 5 Yr 6 Yr -0.19 2003 12.54 0.1254 5 Yr 5 Yr 3.82 4.75 7.43 5 Yr 5 Yr
3.48 0.28 UNIVERSE 15.31   # of Negative Qtrs 3.05 -1.09 UNIVERSE 59 # of Negative Qtrs 0.7 3.96 3.83   # of Negative Qtrs
2.79 -0.37 POLICY 1 0.01 # of Positive Qtrs 1.39 -1.7 POLICY 13.64 0.1364 # of Positive Qtrs 7 Yr 3.28 2.96 # of Positive Qtrs
0.69 -0.93 11.28 Batting Average 1.66 -2.23 40 Batting Average 5.57 2.45 2.27 Batting Average
7 Yr -1.47   45 Worst Qtr 7 Yr -2.98 18.31 Worst Qtr 4.95 0.86 1.54 Worst Qtr
3.62 -2.53   13.21 Best Qtr 1/2/1900 6 Yr 14.62 Best Qtr 1/0/1900 6 Yr 2003 Best Qtr
3.35 5 Yr   11.9 Range 1.37 3.05 13.05 Range 8 Yr 4.52 2002 7.39 0.0739 Range
1/0/1900 5 YR FUND 2.11 0.0211 11.14 Worst 4 Qtrs 1/1/1900 7 11.06 Worst 4 Qtrs 5.96 3 UNIVERSE 21 Worst 4 Qtrs
8 Yr UNIVERSE 1   10.48 Standard Deviation 8 Yr 1.39 0.0139 8.09   Standard Deviation 5.35 3.82 POLICY 6.26 0.0626 Standard Deviation
1/2/1900 POLICY 1.35 0.0135 9.42   Beta 0.86 65 2003 Beta 0.61 14 27   Beta
1.95 12   2002 2006 20.06 Annualized Alpha -1.52 5 YR FUND 3.13 0.0313 2002 20.44 0.2044 Annualized Alpha 9 Yr 4.23 15.41 Annualized Alpha
0.91 1.6 0.016 UNIVERSE 7.57   R-Squared 2.38 UNIVERSE 2.22 UNIVERSE 88 R-Squared 6.56 3.52 0.0352 6.36   R-Squared
9 Yr 1.03   POLICY 24 0.24 Sharpe Ratio 9 Yr POLICY 1.65 POLICY 25.89 0.2589 Sharpe Ratio 5.98 5 YR FUND 2.97 4.78 Sharpe Ratio
1.69 0.61 7.18 Treynor Ratio -1.62 1.14 18 Treynor Ratio 0.58 UNIVERSE 2.32 0.0232 3.82 Treynor Ratio
1.06 0.15 0.0015 40 Tracking Error ############################################### 0.37 28.13 Tracking Error 10 Yr POLICY 1 2.69 Tracking Error
0.63 -0.58 8.54 Information Ratio 1/2/1900 7 Yr 25.31   Information Ratio 6.27 7 Yr 2002 Information Ratio
10 Yr 6 Yr   7.53 Fund Fund 10 Yr 2.53 23.7 Fund Fund 5.8 5.57 2001 8.77 0.0877 Fund Fund
2.54 3.48 6.91 9 -0.03 12 21.94   9 0.47 4 UNIVERSE 6 6
1/1/1900 4 6.37 11 ############################################### 1.37 18.64   11 9/30/1992 4.95 POLICY 8.65 0.0865 14
1.01 2.79 5.37   Batting Average 50 2.6 55 2002 Batting Average 55 Incept 13 8   Batting Average 50
9/30/1992 19 2001 2005 20.05 -10.81 9/30/1992 1/3/1900 2001 -9.95 -0.0995 -22.49 6.3 5.45 8.8 -1.89
Incept 3.39 UNIVERSE 8.74   8.75 Incept 2.01 UNIVERSE 5 14.23 1/6/1900 4.46 7.65   5.36
6.68 2.67 POLICY 66 0.66 19.56 7.94 1.45 POLICY -20.84 -0.2084 36.72 0.28 3.86 6.86 7.25
5.9 2.27 8.03 -20.09 6.72 1.04 71 -35.36   Fiscal Year Returns Ending September 3.22 5.67 -0.51
0.78 1.88 87 Standard Deviation 8.9 1.22 0.28 -10.38 Standard Deviation 15.13 Fund 2.12 1.79 Standard Deviation 4.17
Fiscal Year Returns Ending September 1.12 11.49 Beta 1 Fiscal Year Returns Ending September 8 Yr -17.34 Beta 0.95 Index 8 Yr 2001 Beta 1.05
Fund 7 Yr 10.04 Annualized Alpha 0.77 0.0077 Fund 0.86 -19.53 Annualized Alpha 2.01 0.0201 Diff 5.96 2000 13.27 0.1327 Annualized Alpha 0.32 0.0032
Index 3.62 9.2 R-Squared 0.96 Index 8 -21.08 R-Squared 0.98 6/30/2009 2 UNIVERSE 4 R-Squared 0.92
Diff 11 8.44 -0.1 Diff -1.52 -23.77   -0.19 Qtr 5.35 POLICY 13.04 0.1304 0.53
6/30/2009 3.35 7.59   -0.91 6/30/2009 3/6/1900 2001 -3.03 4.02 7 7   2.11
Qtr 21 2000 2004 20.04 1.72 Qtr 1.09 2000 -31.03 -0.3103 2.51 1.76 5.44 13.13 1.18
8.75 0.0875 4 UNIVERSE 8.1   0.44 14.23 -0.54 UNIVERSE 76 0.84 2.26 4.64 12.35   0.47
9.11 0.0911 3.21 POLICY 85 0.85 Policy Index 16.73 -1.15 POLICY -30.46 -0.3046 Policy Index 2009 4.11 11.69 Policy Index
-0.36 2.76 8.75 8 -2.5 -1.69 73 9 YTD 3.55 10.55 7
2009 2.34 74 12 2009 -2.57 -5.3 11 1/10/1900 2.61 0.57 13
YTD 1.6 12.48 50 YTD 9 Yr -17.68 45 6.78 9 Yr 2000 50
-6.9 8 Yr 10.69 -10.11 -18.83 -1.62 -27.57 -22.43 3.53 6.56 6.22 -1.52
-7.27 2.86 9.52 9.11 -19.05 36 -30.96 16.73 2008 1 33 5.63
0.37 7 8.63 19.22 0.22 -3.65 -39.84 39.16 2.5 5.98 6.47 7.15
2008 1.95 6.96 -20.73 2008 85 2000 -37.74 2.78 5 17 -0.86
-11.16 31 2003 Standard Deviation 8.72 -18.93 1.99 17.11 Standard Deviation 15.79 -0.28 5.88 6.94 Standard Deviation 3.81
-10.76 2.98 12.74 1 -21.41 -0.57 36 1 2007 5.18 6.33 1
-0.4 2.06 96 0 2.48 -2.59 12.38 0 5.02 4.69 5.96 0
2007 1.58 16.91 1 2007 -3.33 67 1 5.27 4.2 5.47 1
15.31 1.2 33 -0.19 23.49 -4.94 37.21 -0.32 -0.25 3.34 2.92 0.44
11.28 0.55 20.79 -1.67 16.43 10 Yr 20.71 -4.99 2006 10 Yr 1999 1.67
4.03 9 Yr 17.51 0 7.06 -0.03 14.58 0 3.52 6.27 -0.41 0
2006 1.69 15.79 Diff 2006 18 10.6 Diff 3.43 1 72 Diff
7.57 38 14.68 1 11.04 -2.63 2.15 0 0.09 5.8 -0.5 -1
7.18 1.06 12.76 -1 10.36 84 1999 0 2005 4 75 1
0.39 57 2002 0 0.68 1.64 30.59 10 2.02 5.65 3.72 0
2005 3.65 -2.02 -0.7 2005 -0.49 23 -0.06 2.02 5 1.67 -0.37
8.74 2.29 3 -0.36 14.34 -1.63 26.68 -2.5 0 4.53 0.54 -0.27
8.03 1.2 -7.82 0.34 13.15 -2.4 51 -2.44 2004 4.03 -0.58 0.1
0.71 0.59 66 0.64 1.19 -3.2 42.92 2.38 3.42 3.18 -2.06 0.35
2004 -0.71 -3.07 0.18 2004 Fiscal Year Returns Ending September 29.79 -0.66 3 Fiscal Year Returns Ending September 1998 0.36
8.1 10 Yr -5.93 0 12.58 Fund 26.74 -0.05 0.42 Fund 11.65 0.05
8.75 2.54 -7.22 0.77 13.64 Return 17.54 2.01 2003 Return 7 0.32
-0.65 18 -8.2 -0.04 -1.06 %-tile 2.98 -0.02 7.39 %-tile 11.62 -0.08
2003 1.53 -9.95 0.09 2003 Index 1998 0.13 6.26 Index 8 0.09
12.74 56 2001 0.76 20.44 Return 6.61 1.96 1.13 Return 12.17 0.44
16.91 3.64 -13.38 1.72 25.89 %-tile 37 2.51 2002 %-tile 9.97 1.18
-4.17 2.25 87 10 Yr -5.45 Universe 10.1 10 Yr 8.77 Universe 8.86 10 Yr
2002 1.6 -12.38 # of Negative Qtrs 2002 5th %-tile 11 # of Negative Qtrs 8.65 5th %-tile 7.67 # of Negative Qtrs
-2.02 1.13 83 # of Positive Qtrs -9.95 25th %-tile 12.45 # of Positive Qtrs 0.12 25th %-tile 2.96 # of Positive Qtrs
-7.82 0.43 4.05 Batting Average ############################################### 50th %-tile 8.45   Batting Average 6/23/1905 50th %-tile 16.26   Batting Average
5.8 0.39 -3.1 Worst Qtr 10.89 75th %-tile 4.58 Worst Qtr 13.27 75th %-tile 12.82 Worst Qtr
6/23/1905 -0.34 -8.45 Best Qtr 2001 95th %-tile -2.5   Best Qtr 13.04 95th %-tile 8.28   Best Qtr
-13.38 0.25 -11.11 Range -31.03 Qtr -15.76 Range 0.23 Qtr 27 Range
-12.38 5.05 -19.14 Worst 4 Qtrs ############################################### 14.23 0.1423 -17.25   Worst 4 Qtrs 6/22/1905 4.02 0.0402 9.46   Worst 4 Qtrs
-1 4.43 Standard Deviation -0.57 100 19 Standard Deviation 6.22 59 3.7 Standard Deviation
6/22/1905 Beta 2000 16.73 0.1673 17.44   Beta 6.47 1.76 0.0176 2.37   Beta
12.39 Annualized Alpha 17.11 56 15.88 Annualized Alpha -0.25 93 1.11 Annualized Alpha
1/9/1900 R-Squared 12.38 18.58 14.26 R-Squared Returns in Up Markets 12.19 0.39 R-Squared
2.97 Sharpe Ratio 4.73 17.45 YTD Sharpe Ratio Fund 7.33 YTD Sharpe Ratio
Returns in Up Markets Treynor Ratio Returns in Up Markets 16.86 12.31 Treynor Ratio Index 4.78 4.44 Treynor Ratio
Fund Tracking Error Fund 16.17 65 Tracking Error Ratio 3.05 37 Tracking Error
Index Information Ratio Index 15.36 13.02 Information Ratio 3 Yr 1.28 5.23 Information Ratio
Ratio Fund Ratio YTD 50 Fund 12.4 YTD 29 Fund
3 Yr 16 3 Yr -18.83 -0.1883 17.59 18 11.6 10.31 0.1031 16.11 7
19.2 24 29.5 68 14.43 22 107 1 5.92 33
17.1 57.5 26.8 -19.05 -0.1905 13.01 60 5 Yr 6.78 0.0678 3.67 55
112.5 -10.81 110.2 74 11.77 -22.49 9.7 20 1.98 -2.18
5 Yr 11.33 5 Yr -14.88 9.97 19.48 9.4 8.62 0.87 5.36
14.2 22.14 24.9 -16.74 2002 41.97 103.5 6.51 2002 7.54
13.1 -20.09 23.2 2002 FUND -18.13 -21.65   -35.36 10 Yr 2002 FUND 5.01 10.49   -0.51
108.4 8.64 4/16/1900 UNIVERSE -19.16 88 15.71 1/9/1900 UNIVERSE 2.52 11 3.96
10 Yr 0.95 10 Yr POLICY -20.49 -20.67   0.93 9.6 POLICY -2 11.02   0.97
1/16/1900 1.08 29 2008 84   2.43 100.7 2008 8 0.63
1/15/1900 0.94 1/28/1900 -18.93 -0.1893 -9.82 0.96 9/30/1992 2.5 11.72   0.94
101.5 -0.06 4/11/1900 6 -13.94 -0.2 Incept 9 9.31 0.81
9/30/1992 -0.57 9/30/1992 -21.41 -0.21 -16.68 -3.34 10.1 2.78 7.69   3.29
Incept 2.14 Incept 36 -19.33 3.45 10.1 8 4.45 0.99
16.2 0.47 27.4 -18.82 -23.14 0.75 100.4 3.19 -2.07 0.47
1/15/1900 Index 27.5 -20.91 2001 Index Returns in Down Markets 0.07 2001 Index
103.4 18 99.7 2001 FUND -21.82 -5.89   19 Fund 2001 FUND -2.48 8.73   11
Returns in Down Markets 22 Returns in Down Markets UNIVERSE -22.7 74 21 Index UNIVERSE -5.37 14 29
Fund 42.5 Fund POLICY -24.2 -11.08   40 Ratio POLICY -10.07 8.51   45
Index -10.11 Index 2007 96 -22.43 3 Yr 2007 18 -2.84
Ratio 9.86 Ratio 23.49 0.2349 5.46 16.73 -2.7 5.02 9.68   5.63
3 Yr 19.97 3 Yr 1 -0.02 39.16 -3.9 19 8.13 8.47
-16.7 -20.73 -30.8 16.43 0.1643 -3.26 -37.74 69.4 5.27 7.33   -0.86
-16.8 8.84 -33.3 63 -6.04 16.59 5 Yr 16 6.21 3.96
99.1 1 92.4 20.37 -10.93 1 -2.6 6.16 0.36 1
5 Yr 0 5 Yr 18.12 2000 0 -3.5 4.8 2000 0
-13.7 1 -23.6 2000 FUND 16.81 -5.56   1 73.7 2000 FUND 4.05 12.61   1
-14.1 -0.18 -25.8 UNIVERSE 15.78 98 -0.34 10 Yr UNIVERSE 3.34 8 0.69
97.5 -1.55 91.2 POLICY 14.04 -6.49   -5.71 -2.1 POLICY 2.49 11.84   2.72
10 Yr 0 10 Yr 2006 99 0 -3.5 2006 15 0
-12 Diff -24.6 11.04 0.1104 16.45 Diff 60.7 3.52 13.05   Diff
-13.7 -2 ############################################### 21 9.38 -1 9/30/1992 51 11.01 -4
87.5 2 86.9 10.36 0.1036 5.82 1 Incept 3.43 9.44   4
9/30/1992 15 9/30/1992 2/1/1900 1.47 20 -2.7 56 7.02 10
Incept -0.7 Incept 12.38 -4.06 -0.06 -3.5 5.33 -8.83 0.66
-11.5 1.47 -25 10.69 1999 2.75 77.1 4 1999 -0.27
-12.7 2.17 -27.8 1999 FUND 9.69 19.52   2.81 1999 FUND 3.53 -2.72   -0.93
90.9 0.64 90 UNIVERSE 8.71 46 2.38 UNIVERSE 3.11 88 0.35
-0.2 POLICY 6.39 20.41   -0.88 POLICY 2.62 -2.15   0
-0.05 2005 41 -0.07 2005 83 -0.03
1.08 14.34 0.1434 35.59 2.43 2.02 7   0.63
-0.06 46 24.4 -0.04 68 2.72 -0.06
0.12 13.15 0.1315 18.88 0.14 2.02 0.33   0.12
0.98 72 13.96 2.37 68 -1.4 0.57
2.14 18.11 8.02 3.45 4.66 -3.93 0.99
Incept 15.75 1998 Incept 2.94 1998 Incept
# of Negative Qtrs 1998 FUND 14.17 16.91   # of Negative Qtrs 1998 FUND 2.38 9.74   # of Negative Qtrs
# of Positive Qtrs UNIVERSE 12.97 13 # of Positive Qtrs UNIVERSE 1.89 7 # of Positive Qtrs
Batting Average POLICY 11.5 20.4   Batting Average POLICY 1.28 9.47   Batting Average
Worst Qtr 2004 6 Worst Qtr 2004 8 Worst Qtr
Best Qtr 12.58 0.1258 21.24 Best Qtr 3.42 9.93   Best Qtr
Range 78 14.25 Range 35 8.09 Range
Worst 4 Qtrs 13.64 0.1364 9.97 Worst 4 Qtrs 3 6.94 Worst 4 Qtrs
Standard Deviation 61 6.68 Standard Deviation 49 5.76 Standard Deviation
Beta 18.64 1.46 Beta 7.43 -0.13 Beta
Annualized Alpha 15.92 1997 Annualized Alpha 3.83 1997 Annualized Alpha
R-Squared 14.16 38.59 R-Squared 2.96 8.55 R-Squared
Sharpe Ratio 12.83 1 Sharpe Ratio 2.27 54 Sharpe Ratio
Treynor Ratio 9.77 30.86 Treynor Ratio 1.54 9.75 Treynor Ratio
Tracking Error 2003 16 Tracking Error 2003 26 Tracking Error
Information Ratio 20.44 0.2044 33.38 Information Ratio 7.39 14.34 Information Ratio
Fund 91 29.54 Fund 21 9.77 Fund
18 25.89 26.7 20 6.26 8.72 15
49 38 23.64 47 27 7.12 52
56.72 29.59 16.88 53.73 15.41 5.89 59.7
-10.81 26.97 1996 -22.49 6.36 1996 -2.78
11.33 25.15 19.67 22.14 4.78 5.98 5.99
22.14 23.26 69 44.63 3.82 20 8.77
-20.09 19.47 21.34 -35.36 2.69 2.91 -3.65
8.12 2002 52 14.79 2002 74 3.95
0.97 -9.95 28.78 0.94 8.77 13.49 0.99
0.91 4 24.05 1.56 6 5.37 0.33
0.93 -20.84 21.49 0.94 8.65 3.97 0.95
0.36 82 18.8 0.29 8 2.83 0.65
3.05 -11.28 14.89 4.49 8.8 1.19 2.61
2.16 -16.35 1995 3.66 7.65 1995 0.87
0.36 -18.86 37.47 0.33 6.86 23.05 0.32
Index -20.43 31.79 Index 5.67 18.43 Index
21 -22.43 28.75 21 1.79 16.26 19
46 2001 25.73 46 2001 12.82 48
43.28 -31.03 21.74 46.27 13.27 8.28 40.3
-10.11 86 -22.43 4 -2.84
10.38 -30.46 21.13 13.04 5.74
20.49 85 43.56 7 8.58
-20.73 -2.45 -37.74 13.13 -2.9
8.04 -16.46 15.33 12.35 3.9
1 -25.64 1 11.69 1
0 -29.26 0 10.55 0
1 -41.1 1 0.57 1
0.27 0.2 0.59
2.18 3 2.3
0 0 0
Diff Diff Diff
-3 -1 -4
3 1 4
13.44 7.46 19.4
-0.7 -0.06 0.06
0.95 1.01 0.25
1.65 1.07 0.19
0.64 2.38 -0.75
0.08 -0.54 0.05
-0.03 -0.06 -0.01
0.91 1.56 0.33
-0.07 -0.06 -0.05
0.09 0.09 0.06
0.87 1.49 0.31
2.16 3.66 0.87