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 September 30, 2009 Batting Average
Returns are gross of fees. Incept is September 30, 1992 to September 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is March 31, 2000 to September 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is March 31, 2003 to September 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is December 31, 2003 to September 30, 2009 Fiscal Year Returns Ending September Batting Average Returns are net of fees. Incept is December 31, 2008 to September 30, 2009 Batting Average Account Reconciliation Trailing Returns through September 30, 2009 Worst Qtr
Account Reconciliation Trailing Returns through September 30, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through September 30, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through September 30, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through September 30, 2009 5-25th %tile 25-50th %tile 50-75th %tile Worst Qtr Account Reconciliation Trailing Returns through September 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 9/30/2009 Return Beta
9/30/2009 Return -10.00% Beta 9/30/2009 Return 0.00% Beta 9/30/2009 Return 25.00% Beta 9/30/2009 Return 0.00% Beta 9/30/2009 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 5,256 Universe R-Squared
34,958 Universe 10.00% R-Squared 19,490 Universe 50.00% R-Squared 7,682 Universe 75.00% R-Squared 10,249 Universe 20.00% R-Squared 4,978 Universe R-Squared 31 5th %-tile Sharpe Ratio
840 5th %-tile 20.00% Sharpe Ratio 121 5th %-tile 75.00% Sharpe Ratio 45 5th %-tile 100.00% Sharpe Ratio 84 5th %-tile 30.00% Sharpe Ratio 39 5th %-tile Sharpe Ratio 1,050 25th %-tile Treynor Ratio
5,251 25th %-tile 30.00% Treynor Ratio 2,371 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio 1,207 25th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Treynor Ratio 1,516 25th %-tile 40.00% Treynor Ratio 805 25th %-tile Treynor Ratio 6,337 6337000 50th %-tile Tracking Error
41,048 50th %-tile 40.00% Tracking Error 21,982 50th %-tile Fiscal Year Returns Ending September Tracking Error 8,934 50th %-tile Fiscal Year Returns Ending September Tracking Error 11,850 50th %-tile Qtr YTD 2005 2004 2003 2002 2001 2000 1999 1998 Tracking Error 5,821 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 7 12,340 2 Qtrs Return 7 0 2 Qtrs 1 4,459 42.36 0.4236 2
-15,168 -9.73 -0.0973 Fund 6 117 23.79 R1000G 8 71 31.04 FR2000 5 82 30.08 %-tile 5 4,703 34.35 0.3435 2 1,878 19 0
-7,417 93   Return 58.33 -1,199 61 Return 50 -1,001 100 Return Batting Average 66.67 -572 100 R1000V 50 1,118 94 33.33 6,337 42.47 0.4247 18.7
41,048 -6.91 -0.0691 %-tile -23.27 21,982 27.11 %-tile -23.43 8,934 43.95 %-tile -22.88 11,850 37.99 Return -19.01 5,821 42.47 0.4247 -7.88 3/31/2009 17 19.94
9/30/1992 62 S&P 500 14.87 3/31/2000 38 Universe 13.89 3/31/2003 48 Universe 15.67 12/31/2003 12 %-tile 14.76 12/31/2008 17 16.1 Incept 44.96 1.24
Incept 0.79 Return 38.14 Incept 36.91 5th %-tile 37.32 Incept 53.52 5th %-tile 38.55 Incept 39.24 Universe 33.77 Incept 44.96 23.98 4,428 41.56 15.95
  18,638 -3.51 %-tile -37.25 10,795 30.02 25th %-tile -36.52 4,822 47.33 25th %-tile -34.15 7,800 36.31 5th %-tile -32.13   4,648 41.56 20.76 31 39.12 1
-48,548 -6.22 Universe 19.26 14,482 25.39 50th %-tile 18.03 251 43.67 50th %-tile Standard Deviation 20.85 3,378 34 25th %-tile 17.01 55 39.12 0.8 1,878 36.63 0.14
70,958 -7.25 5th %-tile 0.97 -3,294 21.84 75th %-tile 0.92 3,862 39.4 75th %-tile Beta 0.84 672 33.72 50th %-tile BETA 0.79 1,118 36.63 -0.35 6,337 33.53 1
41,048  41,048,000                                                                                                            (11) 25th %-tile 2.64 21,982  21,982,000 18.2 95th %-tile -0.24 8,934    8,934,000 35.4 95th %-tile Annualized Alpha 1.79 0.0179 11,850           11,850,000 31.5 75th %-tile ALPHA 0.89 0.0089 5,821    5,821,000 33.53 0.98 Investment Policy 3 Qtrs 2.65
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 0.95 Investment Policy 3 Qtrs 1.14 Index 31.06 42.27
Index -14.91 75th %-tile -0.28 Index -5.22 -0.0522 QU. FUND -3.66 -0.0366 -0.28 Index 16.4 QU. FUND -2.59 -0.0259 -0.21 Index 17.71 Qtr -0.46 Index 23.76 0.2376 29.52 S&P Midcap 400 26.65 0.09
S&P 500 66 95th %-tile -5.61 Russell 1000 Growth 72 UNIVERSE 39   -5.49 Russell 2000 100 UNIVERSE 12   -5.31 Russell 1000 Value 74 -0.49 -0.0049 -9.82 S&P Midcap 400 50 5.75 Total 23.66 -1.22
Total -14.78 Qtr 3.83 Total -1.85 -0.0185 POLICY -3.9 -0.039 2.9 Total 22.43 POLICY -5.02 -0.0502 6.1 Total 14.85 36   5.84 Total 30.14 0.3014 -1.11 Weight 20.8 S&P 400
Weight 60 -1.55 -0.0155 0.68 Weight 35 46 0.03 Weight 70 54 0.45 Weight 90 0.59 0.0059 0.47 Weight 8 S&P400 100 17.2 0
100 1 Yr FUND -10.93 QU. FUND 41   S&P 500 100 4.41 -1.39 R1000G 100 38.79 -1.91 Policy FR2000 100 23.58 13 R1000V 100 31.06 1 100 1 Yr 2
100 UNIVERSE -13.13 UNIVERSE -1.44 -0.0144 6 100 -0.61 -3.05 5 100 31.02 -3.39 6 100 20.38 1.73 7 100 26.65 2 Trailing Returns through September 30, 2009 0.27 100
Trailing Returns through September 30, 2009 POLICY -14.4 POLICY 30 6 Trailing Returns through September 30, 2009 -3.27 -4.08   7 Trailing Returns through September 30, 2009 25.57 -4.84   6 Trailing Returns through September 30, 2009 19.18 -0.06 5 Trailing Returns through September 30, 2009 23.66 66.67 Fund -3.61 18.75
Fund -15.16 0.64 41.67 Fund -5.87 -5.16 50 Fund 21.84 -6.35 33.33 Fund 17.28 -1.29 50 Fund 20.8 -8.66 S&P 400 -5.78 19.98
S&P 500 -17.39 -1.19 -21.94 R1000G -9.98 -6.87   -22.79 FR2000 18.11 -9.22   -26.12 R1000V 13.59 -1.6 -22.18 S&P400 17.2 19.98 Diff -7.86 1.23
Diff 3 Yr -1.85 15.93 Diff 2 Yr YTD 16.32 Diff 1 Yr YTD 20.69 Diff 1 Yr -3.2   18.24 Diff 1 Yr 28.64 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr -10.15 16.02
1 Yr -2.81 -0.0281 -3.28   37.87 1 Yr -11.34 -0.1134 2.22 39.11 1 Yr -10.23 -0.1023 10.76 46.81 1 Yr -4.66 -0.0466 YTD 40.42 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 1 Yr FUND 0.27 #REF! 25.58 3/31/2009 2 Yr 1
-9.73 16   -5.66 -38.09 ############################################### 26 64 -38.44 ############################################### 83 20 -37.5 ############################################### 15   6.81   -42.42 12/31/2008 UNIVERSE -3.61 1 Incept -8.95 0
-6.91 -5.43 -0.0543 YTD   19.4 -1.85 -11.88 -0.1188 2.02 19.45 -9.55 -9.55 -0.0955 9.44 Standard Deviation 24.3 -10.62 -10.62 -0.1062 24 20.95 Incept POLICY -5.78 #REF! 0 42.36 -11.68 1
-2.82 58 6.94 1 -3.37 31 67 1 -0.68 75 28 1 5.96 94 7.91 1 23.76 -7.86 1 42.47 -12.94 2.65
2 Yr -2.09 16 0 2 Yr -9.32 8.65 0 2 Yr 5.69 13.84 0 2 Yr -3.33 13 0 30.14 -10.15 1.17 -0.11 -14.35 42.38
-14.91 -3.53 4.85 1 ############################################### -11.32 5.33 1 ############################################### -2.16 9.78 1 ############################################### -6.07 9.32 1 -6.38 2 Yr 30 Fiscal Year Returns Ending September -16.18 0
-14.78 -5.2 42 -0.42 -11.88 -13.23 2.98 -0.26 -12.05 -6.9 7.83 -0.3 -17.34 -7.01 6.74 -0.5 Fiscal Year Returns Ending September -8.95 0 Fund 3 Yr Diff
-0.13 -5.84 8.45 -8.06 0.54 -15.18 1.38 -5.13 0.03 -9.66 5.58 -7.2 4.23 -7.62 4.82 -10.5 Fund -11.68 Diff S&P 400 -1.16 0
3 Yr -8.1 5.82 0 3 Yr -18.03 -1.66 0 3 Yr -12.42 1.51 0 3 Yr -10.85   4.38 0 S&P400 -12.94 0 Diff -2.98 0
############################################### 4 Yr 4.67 Diff -2.42 3 Yr 2005   Diff ############################################### INCEPTION 2 Yr 2005   Diff ############################################### 2 Yr 1.98 Diff Diff -14.35 0 9/30/2009 -4.13 -100
Incept ROR -5.43 0.93 3.13 0   ############################################### -2.42 -0.0242 2004 FUND 13.12 0.1312 -1 ############################################### UNIVERSE -12.02 2004 FUND 21.9 0.219 1 ############################################### -13.11 -0.1311 2005 0    9/30/2009 -16.18 -33.34   Qtr -5.3 -0.05
Fund 2.62 7 0.06 0   0.08 34 UNIVERSE 55   1 2.74 POLICY 56 UNIVERSE 23   -1 2.74 12 11.9 0.119 0    Qtr 3 Yr 0.78   19.94 -7.03 -0.04
Policy 4 Yr -1.61 2005 16.66   4 Yr -2.5 -0.025 POLICY 11.6 0.116 0 4 Yr -12.05 POLICY 17.95 0.1795 33.34 4 Yr -17.34 -0.1734 62   0   16.1 -1.16 -3.88   19.98 4 Yr 0.01
0.93 54 14.04   -1.33 ############################################### 36 71 -0.64 1/0/1900 57 63 3.24 ############################################### 92 16.69 0.1669 3.17 19.98 -2.98 -4.66 -0.04 1.55 -0.07
-1.61 3 Yr FUND 1.23 2004 FUND 38 -1.06 ############################################### 1 Yr FUND 0.37 25.77 -2.43 ############################################### -3.28 26.4 -5.02 ############################################### -11.51 23 -3.48 -3.88 -4.13 -4.82 2009 0.04 0
2.54 UNIVERSE -0.51 UNIVERSE 12.25 0.27 -0.43 UNIVERSE -1.78 18.07 -1.79 2.1 -9.73 21.72 -8.26 1.5 -14.59 24.1 -6.65 2009 -5.3 -0.2 YTD 2008 2007 2006 2005 2004 2003 2002 2001 2000 -0.9 0.14
5 Yr POLICY -1.54 POLICY 57 0.84 5 Yr POLICY -3.27 13.56   1.92 5 Yr   -11.74 19.25   3.35 5 Yr -14.94 16.12 10.29 YTD 2008 2007 2006 2005 2004 2003 2002 2001 2000 -7.03 -0.35 Returns in Up Markets -1.83 0
3.43 -2.05 22.88 -0.14 1/1/1900 -4.95 11.02 -1.42 1/4/1900 -13.93 16.53 -3.45 1/1/1900 -15.64 12.74   -3.94 Returns in Up Markets 4 Yr -0.02 Fund -3.14 0
1.02 -3.39 15.79 -0.03 1.86 -6.84 7.76   -0.08 1/2/1900 -17.48 11.14   -0.16 1/0/1900 -17.5 11.06 -0.21 Fund 1.55 -0.03 S&P 400 5 Yr -0.11
2.41 5 Yr   12.59 2.64 -0.19 4 Yr 2004   -0.24 2.26 3 Yr 2004   1.79 0.28 3 Yr 7.98   0.89 S&P400 0.04 -0.48 Ratio 4.72 0.09
6 Yr 3.43 0.0343 11.47 -0.04 6 Yr -0.86 -0.0086 2003 FUND 4.69 0.0469 -0.02 6 Yr 3 Yr FUND -1.83 -0.0183 2003 FUND 22.46 0.2246 -0.05 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr -5.13 -0.0513 2004   -0.05 Ratio 3 Yr FUND -0.9 #REF! 5.75 3/31/2009 3.31
5.07 12   7.61 0.14 2.08 51 UNIVERSE 87   -0.02 1/7/1900 UNIVERSE 28 UNIVERSE 26   0.09 12/31/2003 19 23.92 0.2392 0.04 12/31/2008  N/A -1.83 Incept 2.46
3.05 1.02 0.0102 2004 2.45 1/2/1900 -0.43 -0.0043 POLICY 7.51 0.0751 -0.36 1/4/1900 POLICY -4.57 -0.0457 POLICY 18.78 0.1878 1.89 Incept -7.87 -0.0787 18.34   0.68 Incept   -3.14 #REF! 42.4 1.59
2.02 61 13.63 3.83 -0.7 40 61 2.9 2.32 67 54 6.1 1.36 92 14.42 0.1442 5.84 34.4 5 Yr 42.5 0.58
7 Yr 3.91 2003 FUND 39 5 Yr 7 Yr 2.15 15.25 5 Yr 7 Yr 8 Yr 9 Yr 10 Yr 1.86 28.92 5 Yr 1.73 -3.79 13.02 4 Yr 42.5 4.72 99.7 6 Yr
7.15 2.29 UNIVERSE 13.87 5 Yr # of Negative Qtrs 1/4/1900 0.2   11.67 # of Negative Qtrs 3/31/2003 -1.57 22.49 # of Negative Qtrs -0.37 -5.4 8.08 # of Negative Qtrs 80.9 3.31 Returns in Down Markets 7.02
1/5/1900 1.41 POLICY 35 # of Positive Qtrs 1/5/1900 -0.82 8.28 # of Positive Qtrs Incept -3.55 19.1 # of Positive Qtrs Fiscal Year Returns Ending September -5.67 2003 # of Positive Qtrs Returns in Down Markets 2.46 Fund 5.63
1.29   0.76 19.71 Batting Average ############################################### -2.04 6.32 Batting Average 1/9/1900 -5.1 16.07 Batting Average Fund -6.52 27.67 Batting Average Fund 1.59 S&P 400 4.76
8 Yr   -0.22 14.67 Worst Qtr 8 Yr -4.07 2.06 Worst Qtr 9.48 -8.01 8.02 Worst Qtr R1000V -8.44 23.98 Worst Qtr S&P400 0.58 Ratio 3.95
1/5/1900 6 Yr 13.19 Best Qtr 1/1/1900 5 Yr 2003   Best Qtr 1/0/1900 4 Yr 2003   Best Qtr Diff 4 Yr 21.95 Best Qtr Ratio 6 Yr 3/31/2009 2.87
2.14 5.07 10.23 Range 1/1/1900 1.67 0.0167 2002 FUND 19.31 0.1931 Range Fiscal Year Returns Ending September 0.96 0.0096 2002 FUND 48.25 0.4825 Range 9/30/2009 -1.2 -0.012 19.27   Range 12/31/2008 7.02 Incept 7 Yr
3.01 16 5.93 Worst 4 Qtrs -0.48 61 UNIVERSE 63   Worst 4 Qtrs Fund 24 UNIVERSE 34.58   Worst 4 Qtrs Qtr 20 15.84 Worst 4 Qtrs Incept 5.63 9.68
9 Yr 3.05 2003 Standard Deviation 9 Yr 1.86 0.0186 POLICY 25.91 0.2591 Standard Deviation FR2000 -1.14 -0.0114 POLICY 30.01 0.3001 Standard Deviation 14.76 0.1476 -2.7 -0.027 2002   Standard Deviation -7.9 5 Yr FUND 4.76 8.53
0.33 59 20.49 Beta ############################################### 55 17 Beta Diff 61 25.9 Beta 1/18/1900 83 -6.38 Beta -8.7  N/A 3.95 7.74
-1.54 5 Yr FUND 6.34 2002 FUND 73 Annualized Alpha ############################################### 3 Yr FUND 4.99 30.61 Annualized Alpha 9/30/2009 4.2 19.17 Annualized Alpha -3.48 -0.09 -15.42 Annualized Alpha 91   2.87 6.96
1.87 UNIVERSE 4.43 UNIVERSE 24.4 R-Squared 2.21 UNIVERSE 3.05 23.77 R-Squared Qtr 0.74 2002 R-Squared 2009 -1.48 -18.95 R-Squared 7 Yr 5.93
10 Yr POLICY 3.28 POLICY 25 Sharpe Ratio 10 Yr POLICY 2.01 20.39   Sharpe Ratio 15.67 -0.47 6.59   Sharpe Ratio YTD -1.84 -20.72 Sharpe Ratio 9.68 8 Yr
1.81 2.8 29.75 Treynor Ratio 3/31/2000 0.78 18.37 Treynor Ratio 19.28 -1.74 -1.82 Treynor Ratio -4.66 -2.25 -24.03   Treynor Ratio 8.53 7.2
############################################### 1.86 24.33 Tracking Error Incept -0.61 14.19   Tracking Error ############################################### -4.16 -7.42   Tracking Error ############################################### -3.64 2001 Tracking Error 7.74 5.99
1.96 7 Yr 23.28 Information Ratio -2.55 6 Yr 2002   Information Ratio 2009 5 Yr -12.12   Information Ratio 5.96 5 Yr 5.47   Information Ratio 6.96 5.15
9/30/1992 7.15 20.05 Fund Fund -5.65 2.08 0.0208 2001 FUND -17.07 -0.1707 Fund YTD 5 Yr FUND 4.67 0.0467 2001 FUND -19.94 -0.1994 Fund 2008 1.18 0.0118 -5.14   Fund 5.93 #REF! 4.24
Incept 23 14.08 9 3.1 82 UNIVERSE 15   6 ############################################### N/A 23 UNIVERSE 2001   10 ############################################### 35 -13.19 -0.27 8 8 Yr 3.09
8.85 5.86 2002 11 Fiscal Year Returns Ending September 2.78 0.0278 POLICY -22.51 -0.2251 14 -9.55   2.41 0.0241 POLICY 9.26 0.0926 10 -23.56 0.9 0.009 -23.01   8 7.2 #REF! Fiscal Year Returns Ending September
7.78 55 -7.86 Batting Average 55 Fund 69 63 50 ############################################### 67 -2.9 65 1/2/1900 49 -27 0.2225 43.75 5.99 Fund
1.07 9.03 2001 FUND 1 -23.27 R1000G 6.66 -12.11 -23.43 2008 7.53 -15.03 -22.88 2007 3.69 2000 -19.01 5.15 Return
Fiscal Year Returns Ending September 7.02 UNIVERSE -20.49 14.87 Diff 4.48 -19.07 13.89 ############################################### 4.29 -25.09 15.67 1/13/1900 1.62 22.25 14.76 4.24 %-tile
Fund 5.96 POLICY 60 38.14 9/30/2009 3.33 -21.45 37.32 ############################################### 3.39 -41.08 38.55 1/14/1900 0.87 13.38 33.77 3.09 S&P 400
S&P 500 5.47 -10.38 -37.25 Qtr   2.47 -23.71 -36.52 0.7 2.06 2000 -34.15 -1.36 0.54 8.39 -32.13 Fiscal Year Returns Ending September Return
Diff 4.14 -17.12 Standard Deviation 15.84 12.14   0.78 -29.04 15.03 2007 0.34 62.14 17.91 2006 -0.41 3.08 15.1 Fund %-tile
9/30/2009 8 Yr -19.82 Beta 0.98 13.97 7 Yr 2001   0.93 1/22/1900 6 Yr 39.49   Beta 0.83 11.63 6 Yr -3.5 0.79 Return Universe
Qtr 5.15 -21.16 Annualized Alpha 2.46 0.0246 -1.83 4.31 2000 FUND -30.23 -0.3023 -0.12 -0.0012 12.34 7.3 2000 FUND 30.15 0.3015 Alpha 2.41 0.0241   14.62 5.96 1999   0.7 0.007 %-tile   5th %-tile
14.87 10 -25.68 R-Squared 0.95   2009 88 UNIVERSE 7   0.98 9.9 23 UNIVERSE 19.95   0.95 ############################################### 4.09 28.08 0.1547 0.94 S&P400 25th %-tile
15.61 2.14 2001 0.03 YTD 5.81 POLICY -45.64 -0.4564 -0.09 2006 4.98 POLICY 9.11 0.0911 0.1 2005 2.99 20.54   -0.28 Return 50th %-tile #VALUE!
-0.74 59 -31.06 0.48 -5.22 53 84 -1.39 1/9/1900 70 1999 2.06 1/11/1900 2.69 15.47 0.0446 -5.41 %-tile ####### 75th %-tile
2009 5.71 2000 FUND 84 3.58 -1.85 5 Yr FUND 9.24 -29.08 2.65 1/9/1900 10.04 50.94 5.49 16.69 1.97 11.7 5.51 Universe 95th %-tile #VALUE!
YTD 3.53 UNIVERSE -26.62 0.67 -3.37 UNIVERSE 7.23 -35.09 -0.07 -0.13 7.06 31.67 0.41 ############################################### 7 Yr 4.46 0.27 5th %-tile ####### Qtr
-9.73 2.46 POLICY 52 Policy S&P 500 2008 POLICY 5.89 -38.5 R1000G 2005 5.92 21.4 FR2000 2004 2003 2002 2001 2000 8.65 1998 R1000V 25th %-tile 19.94 0.1994
-6.91 1.82 -12.56 8 ############################################### 4.97 -43.41 7 1/20/1900 4.44 11.57 8 Returns in Up Markets 6.58 9.83 7 50th %-tile ####### 5
-2.82 0.85 -20.73 12 -20.88 3.73 -51.41 13 17.95 2.64 1.61 12 Fund 5.77 6.07 9 75th %-tile 19.98 0.1998
2008 9 Yr -26.57 45 3.82 8 Yr 2000 50 3 7 Yr 1998 35 R1000V 5.39 1.83 56.25 95th %-tile ####### 5
-19.8 0.33 -28.89 -21.94 2007 1.29 46.3 -22.79 2004 12.63 -1.61 -26.12 Ratio 4.01 -0.8 -22.18 Qtr 19.86
-21.98 34 -35.02 15.93 18.2 77 27.14 16.32 1/21/1900 10.4 -9.72 20.69 3 Yr 8 Yr -5.82 18.24 16.1 0.161 18
1/2/1900 -1.54 2000 37.87 19.35 1.77 20.88 39.11 1/18/1900 9.15 -16.12 46.81 36.9 5.7 40.42 69 16.93
2007 55 16.14 -38.09 -1.15 65 14.34 -38.44 2.72 8.15 -20.15 -37.5 2/13/1900 3.31 -42.42 19.98 0.1998 15.74
26.79 4.34 30 15.82 2006   5.3 8.45 16.04 2003 2002 2001 2000 5.99 -27.66 20.99 83.1 2.11 18.61 5 14.41
1/16/1900 1.49 13.28 Standard Deviation 1 1/3/1900 3.5 1999 1 Returns in Up Markets 8 Yr   1 4 Yr 1.88 1 19.86 YTD
1/10/1900 -1.43 46 0 6.03 2.32 38.21 0 Fund 11.03 0 25 1.15 0 18 0.27  
2006 -1.93 27.56 1 -2.06 1.37 31.55 1 FR2000 8.7   1 1/30/1900 Fiscal Year Returns Ending September 1 16.93 -3.61
13.06 -4.55 17 -0.12 2005 0.25 27.96 -0.07 Ratio 7.51 -0.03 82.6 Fund -0.31 15.74 -5.78  
10.79 10 Yr 13.02 -1.94 12.44 9 Yr 26.33 -1.1 3 Yr 5.96 -0.55 5 Yr Return #VALUE! -5.77 QU. FUND 14.41 #REF! -7.86
2.27 1.81 9.15 0 11.6 -2.87 20.01 0 37.7 3.97 0 20.6 %-tile 0 UNIVERSE YTD -10.15
2005 33 1.34 Diff 0.84 59 1998 Diff 41.2 Fiscal Year Returns Ending September Diff 26 R1000V #VALUE! Diff POLICY 0.27 0.0027 2008
14.04 -0.15 1999 1 2004 -5.08 16.52 -1 91.5 Fund 2 79.5 Return 1 -3.61 -15.24
12.25 60 30.59 -1 1/4/1900 87 9.1 1 5 Yr Return #VALUE! -2 12/31/2003 %-tile #VALUE! -1 -5.78 -0.0578 -17.94
1.79 6.01 19 10 7.51 2.43 7.45 0 31.7 %-tile 30 Incept Universe -12.5 -7.86 -19.91
2004 2.51 26.68 -1.33 -3.34 -0.96 2.95 -0.64 34.3 FR2000 #VALUE! 3.24 17 5th %-tile #VALUE! 3.17 -10.15 -22.35
13.69 0.44 41 -1.06 2003 -2.4 -4.96 -2.43 92.5 Return -5.02 22.3 25th %-tile -3.48 2008 -25.5
13.87 -0.4 36.18   0.27 1/18/1900 -4.11 -1.79 6 Yr QU. FUND %-tile #VALUE!   -8.26 76.4 50th %-tile #VALUE! -6.65 -15.24 2007
-0.18 -1.7 28.77 0.84 1/25/1900 -7.12 1.92 1/31/1900 UNIVERSE Universe 3.35 Returns in Down Markets 75th %-tile 10.29 -17.94 22.89
2003 Fiscal Year Returns Ending September 24.51   0.02 -7.18 Fiscal Year Returns Ending September -1.01 33.6 POLICY 5th %-tile #VALUE!   -3.08 Fund 95th %-tile #VALUE! -3.51 -19.91 18.82
20.49 Fund 16.71 -0.02 2002 Fund -0.07 94.9 25th %-tile -0.17 R1000V Qtr -0.21 -22.35 16.23
24.4 Return 9.03 2.46 ############################################### Return -0.12 3/31/2003 50th %-tile #VALUE! 2.41 Ratio 14.76 0.1476 0.7 -25.5 13.92
-3.91 %-tile 1998 -0.05 ############################################### %-tile -0.02 Incept 75th %-tile -0.05 3 Yr 93 -0.06 2007 11.29
2002 S&P 500 6.61 0.15 5.01 R1000G -0.02 32.8 95th %-tile #VALUE! 0.13 -27 18.24 0.1824 0.03 22.89 2006
-7.86 Return 31 2.42 2001 Return -0.29 38.4 Qtr 2.61 -33.2 10 0.36 18.82 12.71
-20.49 %-tile 10.1 3.58 ############################################### %-tile #VALUE! 2.65 85.3 15.67 0.1567 5.49 81.4 19.42 5.51 16.23 10.4
1/12/1900 Universe 13 10 Yr ############################################### Universe 9 Yr Returns in Down Markets 84 6 Yr 4 Yr 16.47 5 Yr 13.92 Incept 8.8
2001 5th %-tile 15.53 # of Negative Qtrs 15.09 5th %-tile #VALUE! # of Negative Qtrs Fund 19.28 0.1928 # of Negative Qtrs -27 15.61 # of Negative Qtrs 11.29 6.97
-31.06 25th %-tile 7.46 # of Positive Qtrs 2000 25th %-tile # of Positive Qtrs FR2000 36 # of Positive Qtrs -33.2 15.48 # of Positive Qtrs 2006 4.34
-26.62 50th %-tile 3.17   Batting Average Returns in Up Markets 50th %-tile #VALUE! Batting Average Ratio 23.77 Batting Average 81.4 14.48 Batting Average 2002 FUND 12.71 #REF! 2005
-4.44 75th %-tile -0.89 Worst Qtr Fund 75th %-tile Worst Qtr 3 Yr 19.99 Worst Qtr 5 Yr YTD Worst Qtr UNIVERSE 10.4 22.12
2000 95th %-tile -8.95   Best Qtr R1000G 95th %-tile #VALUE! Best Qtr -30 18.51 Best Qtr -27 -4.66 -0.0466 Best Qtr POLICY 8.8 #REF! 18.44
16.14 Qtr 27.93 Range Ratio Qtr Range -35.5 16.43 Range -33.2 15 Range 6.97 16.45
13.28 14.87 0.1487 Worst 4 Qtrs 3 Yr 12.14 0.1214 Worst 4 Qtrs 3/24/1900 13.96 Worst 4 Qtrs 3/21/1900 -10.62 -0.1062 Worst 4 Qtrs 4.34 14.54
2.86 74 Standard Deviation 1/26/1900 97 Standard Deviation 5 Yr YTD Standard Deviation 12/31/2003 94 Standard Deviation 2005 11.8
Returns in Up Markets 15.61 0.1561 Beta 30.9 13.97 0.1397 Beta -25.8 -10.23 -0.1023 Beta Incept -3.33 Beta 22.12 2004
Fund 42 Annualized Alpha 87.1 66 Annualized Alpha -31.8 83 Annualized Alpha -27 -6.07 Annualized Alpha 18.44 21.49
S&P 500 18.15   R-Squared 5 Yr 17.47 R-Squared 81.3 2002 FUND -9.55 -0.0955   R-Squared -33.2 -7.01 R-Squared 16.45 18.03
Ratio 15.98 Sharpe Ratio 1/21/1900 15.95 Sharpe Ratio 6 Yr UNIVERSE 75 Sharpe Ratio 81.4 -7.62 Sharpe Ratio 14.54 15.72
3 Yr 15.52   Treynor Ratio 24.8 14.7 Treynor Ratio -23.9 POLICY 5.69   Treynor Ratio -10.85 Treynor Ratio 2001 FUND 11.8 #REF! 13.24
39.4 14.77 Tracking Error 88 13.61 Tracking Error -29.7 -2.16 Tracking Error 2008 Tracking Error UNIVERSE 2004 9.71
34.5 13.46   Information Ratio 9 Yr 12.33 Information Ratio 80.4 -6.9 Information Ratio -20.81 Information Ratio POLICY 21.49 #REF! 2003
114.2 YTD Fund 1/22/1900 YTD Fund 3/31/2003 -9.66 Fund 16 Fund 18.03 35.1
5 Yr -9.73 -0.0973 18 28.3 -5.22 -0.0522 14 Incept -12.42 11 -23.56 8 15.72 28.88
29.3 93 22 78.9 72 22 -23.9 2008 13 82 12 13.24   26.15
26.3 -6.91 -0.0691 55 3/31/2000 -1.85 -0.0185 47.22 -29.7 -13.78 62.5 -19.07 40 9.71 Batting Average 23.21
111.5 62 -23.27 Incept 35 -23.43 80.4 23 -22.88 -21.82 -19.01 2003 19.61
10 Yr 0.79   19.48 22.4 4.41 13.89 2001 FUND -14.48   15.67 -22.18 14.76 35.1 2002
30.8 -3.51 42.75 28.3 -0.61 37.32 UNIVERSE 28 38.55 -22.85 33.77 28.88 -5.3
28 -6.22   -37.25 78.9 -3.27 -36.52 POLICY -9.16   -34.15 -26.29 -32.13 2000 FUND 26.15 #REF! -9.61
109.8 -7.25 16.24 Returns in Down Markets -5.87 15.17 -14.29 16.94 2007 13.95  N/A 23.21 Standard Deviation -12.86
9/30/1992 -10.51   0.97 Fund -9.98 0.77 -17.49 0.82 13.09 0.79   19.61 #REF! Beta -16.03
Incept 2008 2.02   R1000G 2008 0.91 0.0091 -21.37 2.92 0.0292 86 0.28 0.0028 2002 Annualized Alpha #REF! -20.1
28.3 -19.8 0.93 Ratio -17.06 0.9 -27.08 0.94 14.45 0.92 -5.3 R-Squared 2001
27.4 15 -0.07 3 Yr 10 -0.37 2007 0.28 78 -0.13 -9.61 -3.84
103.4 -21.98 -1.19 -32.5 -20.88 -7.19 22.24 5.68 22.93 -2.25 -12.86 -12.9
Returns in Down Markets 40 4.25 -35.5 32 6.34 20 5.52 17.32 5.3 -16.03 -19.57
Fund -17.99   0.46 91.5 -15.25 0.35 2000 FUND 12.34   0.42 16.09 0.05 -20.1 -26.39
S&P 500 -21.1 S&P 500 5 Yr -20.07 R1000G UNIVERSE 72 FR2000 14.63 R1000V 2001 Policy -35.34
Ratio -22.15   17 -27.4 -22.53 15 POLICY 29.81   9 10.97 7 1999 FUND -3.84 #REF!
3 Yr -23.44 23 -30.2 -25.72 21 20.77 15 2006 13  N/A -12.9
-32.3 -26.55   45 90.7 -29.44 52.78 15.19 37.5 11.63 60   -19.57 #REF!
-33.5 2007 -21.94 9 Yr 2007 -22.79 11.98 -26.12 46 -22.18 -26.39
96.2 26.79 15.93 -29.7 18.2 16.32 8.13 20.69 14.62 18.24 -35.34
5 Yr 1 37.87 -37.8 55 39.11 2006 46.81 9 40.42
-26 16.44 -38.09 78.6 19.35 -45.64 9.79 -37.5 15.53 -42.42
-27.7 43 16.17 3/31/2000 46 18.66 30 20.04 13.04 17.09 Standard Deviation
93.8 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
-27.4 16.27   1 -35.5 18.79 1   14.58   1 7.31 1 1998 FUND #REF!
-28.7 15.53 -0.19 74.5 15.69 -0.42 10.38 0.12 2005 -0.12  N/A
95.7 12.47   -3.11 10.15 -7.75 7.72 2.34 11.29 -2.06   #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 -1 2005 2 23 1
-27.8 10.79 -1 6.03 1 20.95 -2 24.1 -1
95.8 29 10 49 -5.56 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 -5.02 11.06 -3.48
10.25   4.88 5.96 -1.79   26.4   -8.26 7.98 -6.65 #REF!
7.48 0.84 3.16 9.12   21.72 3.35 2004 10.29
2.85   0.07 -3.37 -3.49 19.25   -3.1 23.92 -3.14 #REF!
2005 -0.03 2005 -0.23 16.53 -0.18 18.34 -0.21
14.04 2.02 12.44 0.91 11.14 2.92 14.42 0.28
38 -0.07 67 -0.1 2004 -0.06 13.02 -0.08
12.25 0.12 11.6 0.05 21.5 0.16 8.08 -0.01
57 1.92 74 0.56 31 3.34 2003 -0.19
22.88 4.25 26.56 6.34 18.78 5.52 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   47 19 23 2001 15 13
29.75 Batting Average 51.47 34.24 Batting Average 50 9.26 57.69 39.13
24.33 -23.27 24.4 -23.43 -2.9 -22.88 -19.01
23.28 22.14 21.58 13.89 -15.03 15.67 14.76
20.05 45.41 18.63 37.32 -25.09 38.55 33.77
14.08 -37.25 13.1 -36.52 -41.08 -34.15 -32.13
2002 Standard Deviation 14.99 2002 Standard Deviation 15.06 16.54 13.21
-7.86 Beta 0.96 -17.5 Beta 0.75 0.79 0.79
1 Annualized Alpha 1.32 0.0132 18 Annualized Alpha 1.54 0.0154 1.76 0.0176 0.000176 -0.16 -0.0016
-20.49 R-Squared 0.92 -22.51 R-Squared 0.89 0.92 0.92
60 0.35 60 -0.36 0.42 -0.1
-10.38 5.4 -12.54 -7.19 8.86 -1.71
-17.12 4.14 -18.67 6.81 6.27 5.13
-19.82 0.26 -21.5 0.46 0.01 -0.07
-21.16 Policy S&P 500 -24.59 Policy R1000G FR2000 R1000V
-25.68 20 -30.7 17 9 7
2001 48 2001 21 17 16
-31.06 48.53 -30.55 50 42.31 60.87
84 -21.94 14 -22.79 -26.12 -22.18
-26.62 21.13 -45.64 16.32 23.42 18.24
52 43.07 74 39.11 49.54 40.42
-12.56 -38.09 -27.62 -45.64 -37.5 -42.42
-20.73 Standard Deviation 14.94 -33.35 Standard Deviation 18.98 20.15 16.07
-26.57 1 -38.5 1 1 1
-28.89 0 -46.64 0 0 0
-35.02 1 -56.07 1 1 1
0.28 -0.45 0.35 -0.06
4.11 -8.49 6.96 -0.98
0 0 0 0
Diff Diff Diff Diff
1 -2 2 3
-1 2 -2 -3
2.94 0 15.38 -21.74
-1.33 -0.64 3.24 3.17
1.01 -2.43 -7.75 -3.48
2.34 -1.79 -10.99 -6.65
0.84 9.12 3.35 10.29
0.05 -3.92 -3.61 -2.86
-0.04 -0.25 -0.21 -0.21
1.32 1.54 1.76 -0.16
-0.08 -0.11 -0.08 -0.08
0.07 0.09 0.07 -0.04
1.29 1.3 1.9 -0.73
4.14 6.81 6.27 5.13
-0.09
0.02
0.64
4.32