HOLLYWOOD POLICE PDF
LOCK INVERNESS EQUITY EXECUTIVE HERE LOCK LOCK INVERNESS EQ. UNIVERSE HERE(p1) N/A LOCK LOCK INVERNESS EQUITY RISK HERE LOCK LOCK DHJ EQUITY EXECUTIVE HERE LOCK LOCK DHJ EQUITY Universe HERE(p1) N/A LOCK LOCK DHJ EQUITY RISK HERE LOCK EAGLE SMALL CAP EXECUTIVE HERE LOCK LOCK EAGLE SMALL CAP UNIVERSE HERE(P1) N/A LOCK LOCK EAGLE SMALL CAP RISK HERE LOCK LOCK BUCKHEAD TOTAL EQ EXECUTIVE HERE LOCK LOCK BUCKHEAD TOTAL EQ UNIVERSE HERE(P1) N/A LOCK LOCK BUCKHEAD TOTAL EQ RISK HERE LOCK LOCK EAGLE MIDCAP EQUITY LOCK LOCK EAGLE MIDCAP EQUITY LOCK LOCK EAGLE MIDCAP EQUITY LOCK LOCK 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 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 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 % Hollywood Police Pension Fund Rhumbline Mid-cap Equity Index (inception 4/1/09) Rhumbline Mid-cap Equity Index (inception 4/1/09) Rhumbline Mid-cap Equity Index (inception 4/1/09)
Inverness Stock Returns Inverness Stock Returns Inverness Stock Returns Inverness Stock Returns DHJ Total Net Returns (Stocks + Cash) DHJ Total Net Returns (Stocks + Cash) DHJ Total Gross Returns (Stocks + Cash) DHJ Total Net Returns (Stocks + Cash) EAM Net Total (Small Cap Stocks + Cash) EAM Net Total (Small Cap Stocks + Cash) EAM Gross Total (Stocks + Cash) EAM Net Total (Small Cap Stocks + Cash) Buckhead Net Total (Equity + Cash) Buckhead Net Total (Equity + Cash) Buckhead Gross Total (Equity + Cash) Buckhead Net Total (Equity + Cash) EAM Net Total (Mid-cap Stocks + Cash) EAM Net Total (Mid-cap Stocks + Cash) EAM Net Total (Mid-cap Stocks + Cash) Executive Summary Universe Comparisons Risk Measures
Executive Summary Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Universe Comparisons Risk Measures Executive Summary Universe Comparisons Risk Measures 72 505 Broad Large Cap, 50% Broad Small Cap 74
47 Broad Large Cap Core Broad Large Cap Core 49 52 Broad Large Cap Growth Broad Large Cap Growth Core 54 57 Broad Small Cap Broad Small Cap 59 62 Broad Large Cap Value Core Broad Large Cap Value Core 64 67 50% Broad Large Cap, 50% Broad Small Cap 69 Inception date is March 31, 2009 73 Incept
Inception date is September 30, 1992 48 50 3 Yr Inception date is March 31, 2000 53 60 3 Yr Inception date is March 31, 2003 58 68 Incept 3 Yr Inception date is December 31, 2003 63 76 3 Yr Inception date is December 31, 2008 68 Incept 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. 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 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 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. 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 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 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 March 31, 2009 to June 30, 2009 Batting Average
Returns are gross of fees. Incept is September 30, 1992 to June 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is March 31, 2000 to June 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is March 31, 2003 to June 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is December 31, 2003 to June 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is December 31, 2008 to June 30, 2009 Batting Average Account Reconciliation Trailing Returns through June 30, 2009 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 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 Account Reconciliation Trailing Returns through June 30, 2009 Worst Qtr Beginning Value Fund Best Qtr
Beginning Value Fund 75-95th %tile Fund S&P 500 Best Qtr Beginning Value Fund 75-95th %tile Fund R1000G Best Qtr Beginning Value Fund 75-95th %tile Fund FR2000 Best Qtr Beginning Value Fund 75-95th %tile Fund R1000V Best Qtr Beginning Value Fund Best Qtr Net Flows Return Range
Net Flows Return -40.00% Range Net Flows Return -75.00% Range Net Flows Return -50.00% Range Net Flows Return -30.00% Range Net Flows Return Range Investment G/L %-tile Worst 4 Qtrs
Investment G/L %-tile -30.00% Worst 4 Qtrs Investment G/L %-tile -50.00% Worst 4 Qtrs Investment G/L %-tile -25.00% Worst 4 Qtrs Investment G/L %-tile -20.00% Worst 4 Qtrs Investment G/L %-tile Worst 4 Qtrs Ending Value S&P 400 Standard Deviation
Ending Value S&P 500 -20.00% Standard Deviation Ending Value R1000G -25.00% Standard Deviation Ending Value FR2000 0.00% Standard Deviation Ending Value R1000V -10.00% Standard Deviation Ending Value S&P400 Standard Deviation 6/30/2009 Return Beta
6/30/2009 Return -10.00% Beta 6/30/2009 Return 0.00% Beta 6/30/2009 Return 25.00% Beta 6/30/2009 Return 0.00% Beta 6/30/2009 Return Beta Qtr %-tile Annualized Alpha
Qtr %-tile 0.00% Annualized Alpha Qtr %-tile 25.00% Annualized Alpha Qtr %-tile 50.00% Annualized Alpha Qtr %-tile 10.00% Annualized Alpha Qtr %-tile Annualized Alpha 4,428 Universe R-Squared
35,308 Universe 10.00% R-Squared 17,114 Universe 50.00% R-Squared 6,766 Universe 75.00% R-Squared 9,043 Universe 20.00% R-Squared 4,312 Universe R-Squared 0 5th %-tile Sharpe Ratio
-5,093 5th %-tile 20.00% Sharpe Ratio -1 5th %-tile 75.00% Sharpe Ratio 17 5th %-tile 100.00% Sharpe Ratio -1 5th %-tile 30.00% Sharpe Ratio -12 5th %-tile Sharpe Ratio 828 25th %-tile Treynor Ratio
4,742 25th %-tile 30.00% Treynor Ratio 2,377 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio 900 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio 1,208 25th %-tile 40.00% Treynor Ratio 678 25th %-tile Treynor Ratio 5,256 5256000 50th %-tile Tracking Error
34,958 50th %-tile 40.00% Tracking Error 19,490 50th %-tile Fiscal Year Returns Ending September Tracking Error 7,682 50th %-tile Fiscal Year Returns Ending September Tracking Error 10,249 50th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Tracking Error 4,978 50th %-tile Tracking Error 2009 75th %-tile Information Ratio
2009 75th %-tile 50.00% Information Ratio 2009 75th %-tile Fund Information Ratio 2009 75th %-tile Fund Information Ratio 2009 75th %-tile Fiscal Year Returns Ending September Information Ratio 2009 75th %-tile Information Ratio YTD 95th %-tile Fund
YTD 95th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Fund YTD 95th %-tile Return Fund YTD 95th %-tile Return Fund Fund YTD 95th %-tile Fund Fund YTD 95th %-tile Fund 0 2 Qtrs 0
63,633 1 Yr Fiscal Year Returns Ending September 6 23,064 3 Qtrs %-tile 4 9,864 2 Qtrs %-tile 8 12,340 2 Qtrs Return 7 0 2 Qtrs 1 4,428 11.92 1
-16,007 -28.47 -0.2847 Fund 6 -4 -15.48 R1000G 8 26 0.64 FR2000 4 -2 2.57 %-tile 5 4,664 6.59 0.0659 1 828 7.86 0
-12,668 89   Return 66.67 -3,570 49 Return 50 -2,208 91 Return Batting Average 66.67 -2,089 64 R1000V 50 314 39 50 5,256 5.63 18.7
34,958 -26.22 -0.2622 %-tile -23.27 19,490 -13.89 %-tile -23.43 7,682 2.64 %-tile -22.88 10,249 -2.87 Return -19.01 4,978 8.47 0.0847 -7.88 3/31/2009 3.14 18.7
9/30/1992 52 S&P 500 13.04 3/31/2000 31 Universe 13.89 3/31/2003 73 Universe 13.29 12/31/2003 97 %-tile 13.35 12/31/2008 21 15.72 Incept 0.41 0
Incept -18.85 Return 36.31 Incept -8.16 5th %-tile 37.32 Incept 18.54 5th %-tile 36.17 Incept 6.34 Universe 32.36 Incept 11.92 23.6 4,428 3 Qtrs 21.67
  18,638 -24.9 %-tile -37.25 10,795 -13.56 25th %-tile -36.52 4,822 10.13 25th %-tile -34.15 7,800 3.31 5th %-tile -32.13   4,648 7.86 23.87 0 -13.99 1
-49,387 -26.18 Universe 18.57 14,361 -15.65 50th %-tile 17.58 206 6.65 50th %-tile Standard Deviation 20.19 3,294 3.08 25th %-tile 16.33 16 5.63 0.8 828 -17.18 0.08
65,707 -26.76 5th %-tile 0.97 -5,666 -17.33 75th %-tile 0.92 2,654 2.36 75th %-tile Beta 0.84 -844 1.52 50th %-tile BETA 0.79 314 3.14 -0.83 5,256 -19.38 1
34,958  34,958,000                                                                                                            (30) 25th %-tile 2.79 19,490  19,490,000 -21.23 95th %-tile -0.54 7,682    7,682,000 0.35 95th %-tile Annualized Alpha 1.69 0.0169 10,249           10,249,000 -2.43 75th %-tile ALPHA 0.74 0.0074 4,978    4,978,000 0.41 0.98 Investment Policy -21.29 0.86
Investment Policy 2 Yr 50th %-tile 0.96 Investment Policy 1 Yr Qtr 0.98 Investment Policy 3 Qtrs Qtr R-Squared 0.95 Investment Policy 3 Qtrs 95th %-tile 0.94 Investment Policy 3 Qtrs 0.27 Index -23.42 18.65
Index -17.94 75th %-tile -0.46 Index -24.04 -0.2404 QU. FUND -3.66 -0.0366 -0.48 Index -22.39 QU. FUND -2.59 -0.0259 -0.48 Index -16.92 Qtr -0.67 Index -13.99 8.11 S&P Midcap 400 1 Yr 0.08
S&P 500 26 95th %-tile -8.76 Russell 1000 Growth 24 UNIVERSE 39   -9.21 Russell 2000 62 UNIVERSE 12   -11.44 Russell 1000 Value 7 -0.49 -0.0049 -13.87 S&P Midcap 400 -17.18 6.71 Total -16.83 -0.63
Total -19.94 Qtr 3.65 Total -24.5 -0.245 POLICY -3.9 -0.039 3.02 Total -24.17 POLICY -5.02 -0.0502 5.97 Total -24.41 36   5.85 Total -19.38 -0.28 Weight -22.24 S&P 400
Weight 53 -1.55 -0.0155 0.76 Weight 28 46 0.01 Weight 75 54 0.56 Weight 100 0.59 0.0059 0.55 Weight -21.29 S&P400 100 -24.56 0
100 1 Yr FUND -15.48 QU. FUND 41   S&P 500 100 -18.17 -1.39 R1000G 100 -10.88 -1.91 Policy FR2000 100 -16.7 13 R1000V 100 -23.42 1 100 -26.62 1
100 UNIVERSE -17.76 UNIVERSE -1.44 -0.0144 6 100 -24.22 -3.05 5 100 -16.01 -3.39 6 100 -19.33 1.73 7 100 1 Yr 1 Trailing Returns through June 30, 2009 -29.26 100
Trailing Returns through June 30, 2009 POLICY -19.9 POLICY 30 6 Trailing Returns through June 30, 2009 -26.47 -4.08   7 Trailing Returns through June 30, 2009 -21.16 -4.84   6 Trailing Returns through June 30, 2009 -19.56 -0.06 5 Trailing Returns through June 30, 2009 -16.83 50 Fund 2 Yr 18.75
Fund -20.66 0.64 33.33 Fund -28.94 -5.16 50 Fund -24.25 -6.35 33.33 Fund -20.58 -1.29 50 Fund -22.24 -8.66 S&P 400 -15.4 18.75
S&P 500 -23.41 -1.19 -21.94 R1000G -33.46 -6.87   -22.79 FR2000 -26.62 -9.22   -26.12 R1000V -22.96 -1.6 -22.18 S&P400 -24.56 18.75 Diff -17.87 0
Diff 3 Yr -1.85 15.93 Diff 2 Yr YTD 16.32 Diff 1 Yr YTD 20.69 Diff 1 Yr -3.2   16.7 Diff -26.62 27.41 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr -19.38 21.75
1 Yr -5.46 -0.0546 -3.28   37.87 1 Yr -13.88 -0.1388 2.22 39.11 1 Yr -24.88 -0.2488 10.76 46.81 1 Yr -21.11 -0.2111 YTD 38.88 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 1 Yr FUND -29.26 #REF! 29.65 3/31/2009 -20.9 1
-28.47 7   -5.66 -38.09 ############################################### 15 64 -38.44 ############################################### 61 20 -37.5 ############################################### 1   6.81   -42.42 12/31/2008 UNIVERSE 2 Yr 1 Incept -22.75 0
-26.22 -8.22 -0.0822 YTD   18.71 -24.5 -15.74 -0.1574 2.02 18.97 -25.01 -25.01 -0.2501 9.44 Standard Deviation 23.41 -29.03 -29.03 -0.2903 24 20.05 Incept POLICY -15.4 #REF! 0 18.7 3 Yr 1
-2.25 48 6.94 1 0.46 31 67 1 0.13 62 28 1 7.92 94 7.91 1 6.59 -17.87 1 18.75 -4.99 0.86
2 Yr -5.28 16 0 2 Yr -12.5 8.65 0 2 Yr -7.71 13.84 0 2 Yr -22.66 13 0 8.47 -19.38 0.28 -0.05 -6.85 18.7
-17.94 -7.24 4.85 1 ############################################### -15.08 5.33 1 ############################################### -18.98 9.78 1 ############################################### -25.31 9.32 1 -1.88 -20.9 8.37 Fiscal Year Returns Ending September -8.22 0
-19.94 -8.27 42 -0.6 -15.74 -16.87 2.98 -0.45 -20.72 -23.44 7.83 -0.55 -24.08 -26.2 6.74 -0.71 Fiscal Year Returns Ending September -22.75 0 Fund -9.48 Diff
2 -8.79 8.45 -11.26 1.86 -19.41 1.38 -8.49 1.88 -26.6 5.58 -12.93 4.92 -26.6 4.82 -14.15 Fund 3 Yr Diff S&P 400 -10.88 0
3 Yr -10.8 5.82 0 3 Yr -21.58 -1.66 0 3 Yr -31.56 1.51 0 3 Yr -29.63   4.38 0 S&P400 -4.99 0 Diff 4 Yr 0
############################################### 4 Yr 4.67 Diff -5.43 3 Yr 2005   Diff ############################################### INCEPTION 2 Yr 2005   Diff ############################################### 2 Yr 1.98 Diff Diff -6.85 0 6/30/2009 -0.83 -100
Incept ROR -8.22 -1.02 3.13 0   ############################################### -5.43 -0.0543 2004 FUND 13.12 0.1312 -1 ############################################### UNIVERSE -18.84 2004 FUND 21.9 0.219 2 ############################################### -19.16 -0.1916 2005 0    6/30/2009 -8.22 0   Qtr -2.4 -0.05
Fund 2.76 2 0.06 0   0.02 25 UNIVERSE 55   1 3.32 POLICY 45 UNIVERSE 23   -2 3.19 9 11.9 0.119 0    Qtr -9.48 0.78   18.7 -3.47 -0.05
Policy 4 Yr -4.27 2005 33.34   4 Yr -5.45 -0.0545 POLICY 11.6 0.116 0 4 Yr -20.72 POLICY 17.95 0.1795 33.34 4 Yr -24.08 -0.2408 62   0   15.72 -10.88 -3.03   18.75 -4.44 0
-1.02 54 14.04   -1.33 ############################################### 26 71 -0.64 ############################################### 68 63 3.24 ############################################### 93 16.69 0.1669 3.17 18.75 4 Yr -3.81 -0.05 -5.6 -0.08
-4.27 3 Yr FUND -1.46 2004 FUND 38 -2.89 ############################################### 1 Yr FUND -2.73 25.77 -2.43 ############################################### -12.22 26.4 -7.4 ############################################### -18.58 23 -3.35 -3.03 -0.83 -5.78 2009 5 Yr 0
3.25 UNIVERSE -3.23 UNIVERSE 12.25 -1.56 -0.2 UNIVERSE -5.44 18.07 -1.79 3.06 -16.7 21.72 -10.64 1.32 -19.94 24.1 -6.52 2009 -2.4 -0.2 YTD 2008 2007 2006 2005 2004 2003 2002 2001 2000 1.34 0.08
5 Yr POLICY -4.19 POLICY 57 0.84 5 Yr POLICY -6.62 13.56   1.92 5 Yr   -19.5 19.25   3.35 5 Yr -20.26 16.12 10.29 YTD 2008 2007 2006 2005 2004 2003 2002 2001 2000 -3.47 -0.83 Returns in Up Markets -0.11 0
0.21 -4.68 22.88 -0.14 ############################################### -8.42 11.02 -1.39 1/1/1900 -21.76 16.53 -3.22 ############################################### -22.03 12.74   -3.72 Returns in Up Markets -4.44 -0.02 Fund -0.95 0
-2.24 -6.11 15.79 -0.03 -1.83 -10.38 7.76   -0.08 ############################################### -23.92 11.14   -0.16 ############################################### -24.58 11.06 -0.21 Fund -5.6 -0.01 S&P 400 -1.82 -0.05
2.45 5 Yr   12.59 2.79 0.17 4 Yr 2004   -0.54 3.05 3 Yr 2004   1.69 0.33 3 Yr 7.98   0.74 S&P400 5 Yr -0.26 Ratio -2.95 0.08
6 Yr 0.21 0.0021 11.47 -0.04 6 Yr -2.89 -0.0289 2003 FUND 4.69 0.0469 -0.02 6 Yr 3 Yr FUND -6.57 -0.0657 2003 FUND 22.46 0.2246 -0.05 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr -7.92 -0.0792 2004   -0.06 Ratio 3 Yr FUND 1.34 #REF! 6.71 3/31/2009 6 Yr
3.16 8   7.61 0.14 0.69 44 UNIVERSE 87   -0.03 1/5/1900 UNIVERSE 29 UNIVERSE 26   0.07 12/31/2003 17 23.92 0.2392 0.04 12/31/2008  N/A -0.11 Incept 5.03
1.03 -2.24 -0.0224 2004 2.5 1/1/1900 -2.69 -0.0269 POLICY 7.51 0.0751 -0.72 1/3/1900 POLICY -9.89 -0.0989 POLICY 18.78 0.1878 1.49 Incept -11.11 -0.1111 18.34   0.28 Incept   -0.95 #REF! 18.7 3.83
2.13 62 13.63 3.65 -0.52 40 61 3.02 2.07 70 54 5.97 -1.08 92 14.42 0.1442 5.85 15.7 -1.82 18.7 3.02
7 Yr 0.45 2003 FUND 39 5 Yr 7 Yr 0.04 15.25 5 Yr 7 Yr 8 Yr 9 Yr 10 Yr -2.33 28.92 5 Yr -1.24 -6.59 13.02 4 Yr 18.7 -2.95 99.7 2.32
2.68 -1.1 UNIVERSE 13.87 5 Yr # of Negative Qtrs 1/0/1900 -1.89   11.67 # of Negative Qtrs 3/31/2003 -5.74 22.49 # of Negative Qtrs 0.16 -8.25 8.08 # of Negative Qtrs 83.8 6 Yr Returns in Down Markets 1.36
1/0/1900 -1.9 POLICY 35 # of Positive Qtrs 1/1/1900 -3.22 8.28 # of Positive Qtrs Incept -8.54 19.1 # of Positive Qtrs Fiscal Year Returns Ending September -8.56 2003 # of Positive Qtrs Returns in Down Markets 5.03 Fund 7 Yr
1.76   -2.46 19.71 Batting Average ############################################### -4.21 6.32 Batting Average 1/7/1900 -10.48 16.07 Batting Average Fund -9.74 27.67 Batting Average Fund 3.83 S&P 400 4.32
8 Yr   -3.58 14.67 Worst Qtr 8 Yr -5.87 2.06 Worst Qtr 6.82 -12.35 8.02 Worst Qtr R1000V -11.65 23.98 Worst Qtr S&P400 3.02 Ratio 3.25
1/1/1900 6 Yr 13.19 Best Qtr ############################################### 5 Yr 2003   Best Qtr 1/0/1900 4 Yr 2003   Best Qtr Diff 4 Yr 21.95 Best Qtr Ratio 2.32 3/31/2009 2.51
-1.66 3.16 10.23 Range ############################################### -1.66 -0.0166 2002 FUND 19.31 0.1931 Range Fiscal Year Returns Ending September -1.25 -0.0125 2002 FUND 48.25 0.4825 Range 6/30/2009 -4.48 -0.0448 19.27   Range 12/31/2008 1.36 Incept 1.82
2.85 10 5.93 Worst 4 Qtrs 0.64 55 UNIVERSE 63   Worst 4 Qtrs Fund 24 UNIVERSE 34.58   Worst 4 Qtrs Qtr 51 15.84 Worst 4 Qtrs Incept 7 Yr 0.73
9 Yr 1.03 2003 Standard Deviation 9 Yr -1.83 -0.0183 POLICY 25.91 0.2591 Standard Deviation FR2000 -4.31 -0.0431 POLICY 30.01 0.3001 Standard Deviation 13.35 0.1335 -5.8 -0.058 2002   Standard Deviation -7.9 5 Yr FUND 4.32 8 Yr
-1.31 58 20.49 Beta ############################################### 60 17 Beta Diff 71 25.9 Beta 1/16/1900 86 -6.38 Beta -8.7  N/A 3.25 3.44
-3.22 5 Yr FUND 3.73 2002 FUND 73 Annualized Alpha ############################################### 3 Yr FUND 1.51 30.61 Annualized Alpha 6/30/2009 1.73 19.17 Annualized Alpha -3.35 -2.24 -15.42 Annualized Alpha 91   2.51 1.98
1.91 UNIVERSE 2.13 UNIVERSE 24.4 R-Squared 3.12 UNIVERSE -0.36 23.77 R-Squared Qtr -1.43 2002 R-Squared 2009 -4.15 -18.95 R-Squared 1.82 1.1
10 Yr POLICY 1.27 POLICY 25 Sharpe Ratio 10 Yr POLICY -1.52 20.39   Sharpe Ratio 13.29 -3.18 6.59   Sharpe Ratio YTD -4.47 -20.72 Sharpe Ratio 0.73 0.09
0.2 0.69 29.75 Treynor Ratio 3/31/2000 -2.46 18.37 Treynor Ratio 20.69 -4.6 -1.82 Treynor Ratio -16.92 -5.08 -24.03   Treynor Ratio 8 Yr -1.12
############################################### -0.63 24.33 Tracking Error Incept -4.19 14.19   Tracking Error ############################################### -6.69 -7.42   Tracking Error ############################################### -7.34 2001 Tracking Error 3.44 Fiscal Year Returns Ending September
2.44 7 Yr 23.28 Information Ratio -3.82 6 Yr 2002   Information Ratio 2009 5 Yr -12.12   Information Ratio 7.49 5 Yr 5.47   Information Ratio 1.98 Fund
9/30/1992 2.68 20.05 Fund Fund -7.12 0.69 0.0069 2001 FUND -17.07 -0.1707 Fund YTD 5 Yr FUND 1.34 0.0134 2001 FUND -19.94 -0.1994 Fund 2008 -1.79 -0.0179 -5.14   Fund 1.1 #REF! Return
Incept 15 14.08 10 3.3 71 UNIVERSE 15   7 ############################################### N/A 20 UNIVERSE 2001   11 ############################################### 34 -13.19 -0.27 8 0.09 %-tile
8.09 0.92 2002 10 Fiscal Year Returns Ending September 1.21 0.0121 POLICY -22.51 -0.2251 13 -24.17   -1.71 -0.0171 POLICY 9.26 0.0926 9 -23.56 -2.12 -0.0212 -23.01   8 -1.12 #REF! S&P 400
6.97 57 -7.86 Batting Average 55 Fund 59 63 55 1/1/1900 76 -2.9 70 1/2/1900 39 -27 0.2225 43.75 Fiscal Year Returns Ending September Return
1.12 4.01 2001 FUND 1 -23.27 R1000G 4.14 -12.11 -23.43 2008 3.9 -15.03 -22.88 2007 0.51 2000 -19.01 Fund %-tile
Fiscal Year Returns Ending September 1.88 UNIVERSE -20.49 13.04 Diff 2.66 -19.07 13.89 ############################################### 0.94 -25.09 14.17 1/13/1900 -1.22 22.25 13.35 Return Universe
Fund 1.03 POLICY 60 36.31 6/30/2009 1.38 -21.45 37.32 ############################################### -0.41 -41.08 37.05 1/14/1900 -2.31 13.38 32.36 %-tile 5th %-tile
S&P 500 0.6 -10.38 -37.25 Qtr   0.53 -23.71 -36.52 0.7 -1.7 2000 -34.15 -1.36 -2.69 8.39 -32.13 S&P400 25th %-tile
Diff -0.31 -17.12 Standard Deviation 15.41 13.89   -0.69 -29.04 14.89 2007 -3.8 62.14 17.67 2006 -3.94 3.08 14.6 Return 50th %-tile
6/30/2009 8 Yr -19.82 Beta 0.98 16.32 7 Yr 2001   0.93 1/22/1900 6 Yr 39.49   Beta 0.83 11.63 6 Yr -3.5 0.78 %-tile 75th %-tile
Qtr 1.19 -21.16 Annualized Alpha 2.5 0.025 -2.43 0.29 2000 FUND -30.23 -0.3023 -0.02 -0.0002 12.34 5.49 2000 FUND 30.15 0.3015 Alpha 2.58 0.0258   14.62 3.98 1999   -0.12 -0.0012 Universe   95th %-tile
13.04 8 -25.68 R-Squared 0.95   2009 77 UNIVERSE 7   0.98 9.9 26 UNIVERSE 19.95   0.94 ############################################### 1.99 28.08 0.1547 0.92 5th %-tile Qtr
15.93 -1.66 2001 -0.18 YTD 1.46 POLICY -45.64 -0.4564 -0.31 2006 3.42 POLICY 9.11 0.0911 -0.1 2005 0.96 20.54   -0.53 25th %-tile 18.7 0.187
-2.89 57 -31.06 -2.87 -15.48 46 84 -5.03 1/9/1900 75 1999 -2.02 1/11/1900 0.59 15.47 0.0446 -9.94 50th %-tile ####### 50
2009 1.58 2000 FUND 84 3.47 -13.89 5 Yr FUND 4.24 -29.08 2.6 1/9/1900 7.7 50.94 5.5 16.69 -1.17 11.7 5.63 75th %-tile 18.75 0.1875
YTD -0.36 UNIVERSE -26.62 0.71 -1.59 UNIVERSE 2.33 -35.09 0.07 -0.13 5.5 31.67 0.55 ############################################### 7 Yr 4.46 0.23 95th %-tile ####### 50
-21.41 -1.42 POLICY 52 Policy S&P 500 2008 POLICY 1.28 -38.5 R1000G 2005 4.24 21.4 FR2000 2004 2003 2002 2001 2000 3.83 1998 R1000V Qtr 22.45
-19.47 -2.03 -12.56 9 ############################################### 0.33 -43.41 8 1/20/1900 3.4 11.57 9 Returns in Up Markets 1.5 9.83 7 15.72 0.1572 20.15
-1.94 -3.77 -20.73 11 -20.88 -0.78 -51.41 12 17.95 1.61 1.61 11 Fund 0.82 6.07 9 93 18.68
2008 9 Yr -26.57 45 3.82 8 Yr 2000 45 3 7 Yr 1998 30 R1000V 0.54 1.83 56.25 18.75 0.1875 17.23
-19.8 -1.31 -28.89 -21.94 2007 -1.91 46.3 -22.79 2004 7.04 -1.61 -26.12 Ratio -0.31 -0.8 -22.18 50 15.39
-21.98 35 -35.02 15.93 18.2 53 27.14 16.32 1/21/1900 4.6 -9.72 20.69 3 Yr 8 Yr -5.82 16.7 22.45 YTD
1/2/1900 -3.22 2000 37.87 19.35 -2.55 20.88 39.11 1/18/1900 3.41 -16.12 46.81 27.4 2.63 38.88 20.15 -13.99
2007 60 16.14 -38.09 -1.15 66 14.34 -38.44 2.72 2.8 -20.15 -37.5 2/1/1900 -0.05 -42.42 18.68 -17.18
26.79 3.37 30 15.37 2006   1.04 8.45 15.82 2003 2002 2001 2000 0.82 -27.66 20.71 84.3 -1.65 17.9 17.23 -19.38
1/16/1900 -0.25 13.28 Standard Deviation 1 1/3/1900 -0.77 1999 1 Returns in Up Markets 8 Yr   1 4 Yr -1.89 1 15.39 -21.29
1/10/1900 -2.62 46 0 6.03 -1.81 38.21 0 Fund 7.33 0 17.7 -2.32 0 YTD -23.42
2006 -3.49 27.56 1 -2.06 -3.05 31.55 1 FR2000 4.44   1 1/23/1900 Fiscal Year Returns Ending September 1 -13.99 2008
13.06 -5.97 17 -0.34 2005 -4.2 27.96 -0.31 Ratio 3.05 -0.23 77 Fund -0.51 -17.18 -15.24
10.79 10 Yr 13.02 -5.26 12.44 9 Yr 26.33 -4.85 3 Yr 1.6 -4.73 5 Yr Return #VALUE! -9.07 QU. FUND -19.38 #REF! -17.94
2.27 0.2 9.15 0 11.6 -3.9 20.01 0 24.7 -0.66 0 15.2 %-tile 0 UNIVERSE -21.29 -19.91
2005 26 1.34 Diff 0.84 48 1998 Diff 25.9 Fiscal Year Returns Ending September Diff 20.2 R1000V #VALUE! Diff POLICY -23.42 #REF! -22.35
14.04 -2.24 1999 1 2004 -7.02 16.52 -1 95.3 Fund 2 75.4 Return 1 2008 -25.5
12.25 60 30.59 -1 1/4/1900 90 9.1 1 5 Yr Return #VALUE! -2 12/31/2003 %-tile #VALUE! -1 -15.24 2007
1.79 3.06 19 10 7.51 0.76 7.45 10 28.1 %-tile 40 Incept Universe -12.5 -17.94 22.89
2004 0.26 26.68 -1.33 -3.34 -2.58 2.95 -0.64 29.4 FR2000 #VALUE! 3.24 14 5th %-tile #VALUE! 3.17 -19.91 18.82
13.69 -1.58 41 -2.89 2003 -4.02 -4.96 -2.43 95.7 Return -6.52 18.5 25th %-tile -3.35 -22.35 16.23
13.87 -2.51 36.18   -1.56 1/18/1900 -5.4 -1.79 6 Yr QU. FUND %-tile #VALUE!   -9.76 75.6 50th %-tile #VALUE! -6.52 -25.5 13.92
-0.18 -4.04 28.77 0.84 1/25/1900 -7.88 1.92 1/28/1900 UNIVERSE Universe 3.35 Returns in Down Markets 75th %-tile 10.29 2007 11.29
2003 Fiscal Year Returns Ending September 24.51   0.04 -7.18 Fiscal Year Returns Ending September -0.93 30.4 POLICY 5th %-tile #VALUE!   -3.04 Fund 95th %-tile #VALUE! -3.3 22.89 2006
20.49 Fund 16.71 -0.02 2002 Fund -0.07 93.1 25th %-tile -0.17 R1000V Qtr -0.22 18.82 12.71
24.4 Return 9.03 2.5 ############################################### Return -0.02 3/31/2003 50th %-tile #VALUE! 2.58 Ratio 13.35 0.1335 -0.12 16.23 10.4
-3.91 %-tile 1998 -0.05 ############################################### %-tile -0.02 Incept 75th %-tile -0.06 3 Yr 100 -0.08 13.92 8.8
2002 S&P 500 6.61 0.16 5.01 R1000G 0 30.3 95th %-tile #VALUE! 0.13 -27 16.7 0.167 -0.02 11.29 6.97
-7.86 Return 31 2.39 2001 Return -0.18 35.2 Qtr 2.71 -33.2 26 -0.87 2006 4.34
-20.49 %-tile 10.1 3.47 ############################################### %-tile #VALUE! 2.6 86.2 13.29 0.1329 5.5 81.4 18.5 5.63 12.71 2005
1/12/1900 Universe 13 10 Yr ############################################### Universe 9 Yr Returns in Down Markets 100 6 Yr 4 Yr 16.74 5 Yr 10.4 Incept 22.12
2001 5th %-tile 15.53 # of Negative Qtrs 15.09 5th %-tile #VALUE! # of Negative Qtrs Fund 20.69 0.2069 # of Negative Qtrs -27 15.94 # of Negative Qtrs 8.8 18.44
-31.06 25th %-tile 7.46 # of Positive Qtrs 2000 25th %-tile # of Positive Qtrs FR2000 53 # of Positive Qtrs -33.2 15.79 # of Positive Qtrs 6.97 16.45
-26.62 50th %-tile 3.17   Batting Average Returns in Up Markets 50th %-tile #VALUE! Batting Average Ratio 28.1 Batting Average 81.4 14.12 Batting Average 2002 FUND 4.34 #REF! 14.54
-4.44 75th %-tile -0.89 Worst Qtr Fund 75th %-tile Worst Qtr 3 Yr 23.83 Worst Qtr 5 Yr YTD Worst Qtr UNIVERSE 2005 11.8
2000 95th %-tile -8.95   Best Qtr R1000G 95th %-tile #VALUE! Best Qtr -30 20.85 Best Qtr -27 -16.92 Best Qtr POLICY 22.12 #REF! 2004
16.14 Qtr 27.93 Range Ratio Qtr Range -35.5 18.9 Range -33.2 7 Range 18.44 21.49
13.28 13.04 0.1304 Worst 4 Qtrs 3 Yr 13.89 0.1389 Worst 4 Qtrs 3/24/1900 15.01 Worst 4 Qtrs 3/21/1900 -24.41 Worst 4 Qtrs 16.45 18.03
2.86 100 Standard Deviation 1/20/1900 83 Standard Deviation 5 Yr YTD Standard Deviation 12/31/2003 100 Standard Deviation 14.54 15.72
Returns in Up Markets 15.93 0.1593 Beta 24.2 16.32 0.1632 Beta -23.9 -22.39 Beta Incept -16.7 Beta 11.8 13.24
Fund 59 Annualized Alpha 83.8 44 Annualized Alpha -29.7 62 Annualized Alpha -27 -19.33 Annualized Alpha 2004 9.71
S&P 500 18.75   R-Squared 5 Yr 20.56 R-Squared 80.4 2002 FUND -24.17   R-Squared -33.2 -19.56 R-Squared 21.49 2003
Ratio 16.95 Sharpe Ratio 1/19/1900 17.66 Sharpe Ratio 6 Yr UNIVERSE 75 Sharpe Ratio 81.4 -20.58 Sharpe Ratio 18.03 35.1
3 Yr 16.01   Treynor Ratio 21.7 15.95 Treynor Ratio -23.9 POLICY -10.88   Treynor Ratio -22.96 Treynor Ratio 2001 FUND 15.72 #REF! 28.88
31.9 15.7 Tracking Error 88.5 14.81 Tracking Error -29.7 -16.01 Tracking Error 2008 Tracking Error UNIVERSE 13.24 26.15
26.7 14.2   Information Ratio 9 Yr 11.73 Information Ratio 80.4 -21.16 Information Ratio -20.81 Information Ratio POLICY 9.71 #REF! 23.21
119.5 YTD Fund 1/20/1900 YTD Fund 3/31/2003 -24.25 Fund 16 Fund 2003 19.61
5 Yr -21.41 19 26.6 -15.48 14 Incept -26.62 11 -23.56 9 35.1 2002
25.8 91 21 78.2 49 22 -23.9 2008 13 82 11 28.88   -5.3
22.3 -19.47 57.5 3/31/2000 -13.89 50 -29.7 -13.78 62.5 -19.07 40 26.15 Batting Average -9.61
115.6 58 -23.27 Incept 31 -23.43 80.4 23 -22.88 -21.82 -19.01 23.21 -12.86
10 Yr -13.21   19.48 20.8 -8.16 13.89 2001 FUND -14.48   14.26 -22.18 13.35 19.61 -16.03
29.1 -16.19 42.75 26.6 -13.56 37.32 UNIVERSE 28 37.14 -22.85 32.36 2002 -20.1
26.1 -19.36   -37.25 78.2 -15.65 -36.52 POLICY -9.16   -34.15 -26.29 -32.13 2000 FUND -5.3 #REF! 2001
111.4 -19.85 16 Returns in Down Markets -17.33 15.13 -14.29 16.66 2007 13.54  N/A -9.61 Standard Deviation -3.84
9/30/1992 -22.59   0.97 Fund -21.23 0.75 -17.49 0.81 13.09 0.79   -12.86 #REF! Beta -12.9
Incept 2008 2.48   R1000G 2008 1.29 0.0129 -21.37 2.45 0.0245 86 -0.29 -0.0029 -16.03 Annualized Alpha #REF! -19.57
27.5 -19.8 0.93 Ratio -17.06 0.89 -27.08 0.93 14.45 0.92 -20.1 R-Squared -26.39
26.5 15 -0.18 3 Yr 10 -0.44 2007 0.17 78 -0.36 2001 -35.34
103.9 -21.98 -2.97 -32.5 -20.88 -8.97 22.24 3.48 22.93 -6.09 -3.84
Returns in Down Markets 40 4.26 -35.5 32 6.82 20 5.72 17.32 5.3 -12.9
Fund -17.99   0.57 91.5 -15.25 0.46 2000 FUND 12.34   0.36 16.09 0.06 -19.57
S&P 500 -21.1 S&P 500 5 Yr -20.07 R1000G UNIVERSE 72 FR2000 14.63 R1000V -26.39 Policy
Ratio -22.15   18 -26.4 -22.53 16 POLICY 29.81   9 10.97 7 1999 FUND -35.34 #REF!
3 Yr -23.44 22 -28.9 -25.72 20 20.77 15 2006 13  N/A
-32.3 -26.55   42.5 91.1 -29.44 50 15.19 37.5 11.63 60   #REF!
-33.5 2007 -21.94 9 Yr 2007 -22.79 11.98 -26.12 46 -22.18
96.2 26.79 15.93 -27.8 18.2 16.32 8.13 20.69 14.62 16.7
5 Yr 1 37.87 -36.8 55 39.11 2006 46.81 9 38.88
-24.1 16.44 -38.09 75.6 19.35 -45.64 9.79 -37.5 15.53 -42.42
-25.7 43 15.97 3/31/2000 46 18.96 30 19.78 13.04 16.49 Standard Deviation
93.9 22.84   1 Incept 27.74 1 1999 FUND 9.92   1 11.24 1
10 Yr 17.81 0 -26.5 21.53 0 N/A 29 0 10.32 0
-26.5 16.27   1 -35.5 18.79 1   14.58   1 7.31 1 1998 FUND #REF!
-28.4 15.53 -0.33 74.5 15.69 -0.52 10.38 0.04 2005 -0.31  N/A
93.2 12.47   -5.32 10.15 -9.85 7.72 0.75 11.29 -5.14   #REF!
9/30/1992 2006 0 2006 0 4.83 0 73 0
Incept 13.06 Diff 3.97 Diff 2.19 Diff 16.69 Diff
-26.7 9 1 70 -2 2005 2 23 2
-27.8 10.79 -1 6.03 2 20.95 -2 24.1 -2
95.8 29 15 49 0 35 25 16.12 -20
13.68 -1.33 11.56 -0.64 1998 FUND 17.95 3.24 12.74 3.17
10.94 3.55 8.5 -2.43 N/A 63 -6.43 11.06 -3.35
10.25   4.88 5.96 -1.79   26.4   -9.67 7.98 -6.52 #REF!
7.48 0.84 3.16 9.12   21.72 3.35 2004 10.29
2.85   0.03 -3.37 -3.83 19.25   -3.12 23.92 -2.95 #REF!
2005 -0.03 2005 -0.25 16.53 -0.19 18.34 -0.21
14.04 2.48 12.44 1.29 11.14 2.45 14.42 -0.29
38 -0.07 67 -0.11 2004 -0.07 13.02 -0.08
12.25 0.15 11.6 0.08 21.5 0.13 8.08 -0.05
57 2.35 74 0.88 31 2.73 2003 -0.95
22.88 4.26 26.56 6.82 18.78 5.72 27.67 5.3
15.79 Incept Incept 18.97 Incept Incept 54 Incept 23.98 Incept
12.59   # of Negative Qtrs 14.4 # of Negative Qtrs 28.92   # of Negative Qtrs 21.95 # of Negative Qtrs  
11.47 # of Positive Qtrs 11.48 # of Positive Qtrs 22.49 # of Positive Qtrs 19.27 # of Positive Qtrs
7.61   Batting Average 7.67 Batting Average 19.1   Batting Average 15.84 Batting Average  
2004 Worst Qtr 2004 Worst Qtr 16.07 Worst Qtr 2002 Worst Qtr
13.69 Best Qtr 4.17 Best Qtr 8.02 Best Qtr -6.38 Best Qtr
38 Range 90 Range 2003 Range -15.42 Range
13.87 Worst 4 Qtrs 7.51 Worst 4 Qtrs 48.25 Worst 4 Qtrs -18.95 Worst 4 Qtrs
35 Standard Deviation 63 Standard Deviation 34.58 Standard Deviation -20.72 Standard Deviation
19.71 Beta 17.89 Beta 30.01 Beta -24.03 Beta
14.67 Annualized Alpha 11.72 Annualized Alpha 25.9 Annualized Alpha 2001 Annualized Alpha
13.19 R-Squared 8.74 R-Squared 19.17 R-Squared 5.47 R-Squared
10.23 Sharpe Ratio 6.26 Sharpe Ratio 2002 Sharpe Ratio -5.14 Sharpe Ratio
5.93 Treynor Ratio 2.04 Treynor Ratio 6.59 Treynor Ratio -13.19 Treynor Ratio
2003 Tracking Error 2003 Tracking Error -1.82 Tracking Error -23.01 Tracking Error
20.49 Information Ratio 18.73 Information Ratio -7.42 Information Ratio -27 Information Ratio
73 Fund Fund 75 Fund Fund -12.12 Fund Fund
24.4 21 25.91 15 -19.94 11 10
25   46 19 22 2001 14 12
29.75 Batting Average 52.24 34.24 Batting Average 51.35 9.26 60 40.91
24.33 -23.27 24.4 -23.43 -2.9 -22.88 -19.01
23.28 22.14 21.58 13.89 -15.03 14.26 13.35
20.05 45.41 18.63 37.32 -25.09 37.14 32.36
14.08 -37.25 13.1 -36.52 -41.08 -34.15 -32.13
2002 Standard Deviation 14.97 2002 Standard Deviation 15.06 16.54 13.02
-7.86 Beta 0.96 -17.5 Beta 0.75 0.79 0.78
1 Annualized Alpha 1.34 0.0134 18 Annualized Alpha 1.4 0.014 1.74 0.0174 0.000174 -0.27 -0.0027
-20.49 R-Squared 0.92 -22.51 R-Squared 0.89 0.92 0.91
60 0.29 60 -0.45 0.29 -0.3
-10.38 4.55 -12.54 -8.97 6.05 -5.01
-17.12 4.14 -18.67 6.88 6.34 5.15
-19.82 0.27 -21.5 0.48 0.09 0.03
-21.16 Policy S&P 500 -24.59 Policy R1000G FR2000 R1000V
-25.68 20 -30.7 17 9 7
2001 47 2001 20 16 15
-31.06 47.76 -30.55 48.65 40 59.09
84 -21.94 14 -22.79 -26.12 -22.18
-26.62 21.13 -45.64 16.32 23.42 16.7
52 43.07 74 39.11 49.54 38.88
-12.56 -38.09 -27.62 -45.64 -37.5 -42.42
-20.73 Standard Deviation 14.92 -33.35 Standard Deviation 19 20.13 15.84
-26.57 1 -38.5 1 1 1
-28.89 0 -46.64 0 0 0
-35.02 1 -56.07 1 1 1
0.22 -0.53 0.21 -0.26
3.25 -10.03 4.21 -4.07
0 0 0 0
Diff Diff Diff Diff
1 -2 2 3
-1 2 -2 -3
4.48 2.7 20 -18.18
-1.33 -0.64 3.24 3.17
1.01 -2.43 -9.16 -3.35
2.34 -1.79 -12.4 -6.52
0.84 9.12 3.35 10.29
0.05 -3.94 -3.59 -2.82
-0.04 -0.25 -0.21 -0.22
1.34 1.4 1.74 -0.27
-0.08 -0.11 -0.08 -0.09
0.07 0.08 0.08 -0.04
1.3 1.06 1.84 -0.94
4.14 6.88 6.34 5.15
-0.09
0.02
0.64
4.32