HomeMy WebLinkAboutDocumentation_Pension Public Safety_Tab 03A_03/14/2005!,:.
Gwen Carlisle
From: rsimon@nationwideprovident.com
Sent: Friday, March 11, 2005 8:19 AM
To: gcarlisle@tequesta.org
Cc: plucia@gunnallen.com
Dear Ms. Carlisle:
Mr. Lucia asked that I contact you regarding what is covered under our
fees. The STAR program priced on an NAV basis meaning that the asset fee
is an all inclusive fee for the program. Covered under this are the sub
advisor fees to the investment managers, Wilshire's consulting fee,
custody, funds accounting, all fees related to Nationwide's services (web
site's, benefit payments and tax reporting, automatic rebalancing etc.).
The fee is charged on a net asset basis and is deducted daily. There are
no hard dollar fees for any of our services nor are there any other fees
that are deducted from the net asset value. Our managers are required to
provide best execution on all their trades. They are also required, when
practical, to participate in our commission recapture program which is goes
directly back to the fund. Performance is illustrated net of all fees.
>From time to time we make changes in our manager line up as part of our
commitment to provide our clients the best management team possible, if the
sub advisor fee for the new manager(s) is different than that charged by
the current manager we notify our clients that there will be a prospective
change relating to the fund or funds that the new manager will be working
in.
hope this helps clarify this issue. If you have any questions, I will be
happy to answer them.
1
~~ ~; ~
Anne Koch
From: Donna Sullivan [donna@bogdahnconsulting.com]
Sent: Wednesday, March 09, 2005 9:03 AM
To: gcarlisle@tequesta.org
Cc: akoch@tequesta.org
Subject: FW: Bogdahn
From: Kathy Deck [mailto:Kathy@FoodPartners.net]
Sent: Tuesday, March 08, 2005 5:02 PM
To: donna@bogdahnconsulting.com
Subject: FW: Bogdahn
From: Kathy Deck
Sent: Tuesday, March 08, 2005 9:03 AM
To: 'gcarlisle@tequesta.org'
Subject: Bogdahn
Mr. Carlisle,
MAR - 9 2005
1/fl~s~~ IVigr's Off
Page 1 of 1
Joe Bogdahn requested these documents be scanned and forwarded to your attention via e-mail. Please
contact Joe @ 863-293-8289 should you have any questions or require further information.
Respectfully,
Kathy Deck
~~ ~~ ~~~. foodpartnzrs.ilet
Telephone: 863-298-8771
Fax: 863-298-6762
Cell: 863-206-4147
3/9/2005
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Performance: Correlation
!ears 'ra~6ng end,ng t%`31r2CC
Data calculated using ~uatte*ly re*.urrs
Returnset and Index
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8~ ?eq NW Gross Size
Rxkwood C:ap~tal Advisors -Strategic Eq~.~ity
-Subadvisor Centrav~sory -Gross Eauai
~r 5&P500
'imeframe.~~ ears Trailing
Top~c~ Correlation.
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Performance; R€sk Analysis
6ar.,nrnarn ~ SP ~`~:
5 Years f ~a6ing c:~d~rc, ~ JCrt
Data calcuia?ea ust,~ :aarterl~ ~ea,~rns
Sharpe Ratio
t!'ut lC ~_ _ UL'~4`
Rettjrn~ Standard Sharpe Ratio NegaUa~e Worst Worst 4
DeviaUOn Quarters Quarter Quarters
?~ Te< ^'4%% ~~ _ . 1? 1£5 -0 ~~~ ~ ^rr 3S 21 ~0
R ;ckvood ~„~~. ~; . sirs - S2 ateg>c '=gwty _ _ .. - +5 93 0.36', _ -" ` S"s 1S 98.
_ - ,,tea rscr , .:: , . ~.~ress Equai
~ ~8 '..0+ ... 15.49 -0 ;' - -.?8 -26 6='
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-~me`rame ~_ ?r~r~U _--- __
Performance: Return vs Risk
•.3zncFinarK S&P .500
Years Trading and 5 Years Traiiiny ending 12'3?;2004
Data calculates using Quarterly;eturns
3 Years Trailing ending 12131!2004 5 Years Trailing ending 12/3112004
40 _ __ _ - ___ - _ -- -- - ~ r
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Standard Deviatian Standard f?eviation
3Yr SYr I
Returns
Standard __.___
Returns
Standard
__ Deviation Deviation ',
BC Tey NVv -Grass Size 7.24 11.86 2.53 17.18
_ Rockwood Capftai Advisors -Strategic Equity aubadwser-Corrirav3sory -Gross 18.20 16.88 9.04 18.93
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Treynor Ratio
Ending 1,^_ 3t 2C~4
$ 1$`~ ..^.~ll
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$~ Teq N1 r _.zss Size
rZa:;kvaood 4aDaei r~~v ors ~ ratay~e =:;city
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!:mefrdme 5 "ears Tratlrn
Ir•dex g~,- St's?
Alpha Beta RSquared Treynor Batting Information
_ Ratio Average Ratio
•~ 38 0.92 99 4 -0.35 85.00 1.74
%.50 0 82 ?8 ~'! 1.40 75.00 1.2?
J 00 ' . 00 100 GO -5 C.~ '. CC 00
Performance: Market Capture Ratios
BercnTark. S81' 500
5 'r-ears Traning ending t:%'31,2004
Data calcuiared usrrtig i~uartedy returns
Up-Market vs Down-Market
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Up-Market Ratio Dc+wrt-Market Ratio
3C Teq N'~1V -Gress Size 112.SS -_.81.50^
Rockwood Capital AOwsers arateg c equity -vutiadv+sor-Cortravisor~ - Gass c"qua, ~,~ 12,t'.81 62 66
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100 00 ~ OOAO
Index: S&P 500 _ _ -_ _
TimeBame 5 Years '•ad,r~^y
• Performance: Trailing Period Returns
t~er.,;nmark S&P 500
'railing perods enaing 1 ~ 31;261:4
Data ca;cuiated using Quarterly returns
---- - _ ___-- -----T
8C req NW -Gross Sze
Rcx:kwood Capital Advisors • Strategic Equity -Subadvisor-Contravsory -
Gross Equai
__._
:idF 500
Returns
Qtr YTD 1Yr 3Yr SYr 10Yr i 15Yr ~ 20Yr I~
?8
9 1404 1404! i .24 2
53
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14.11 25.20 25 20' ' 6.20 9.04 19,2? 4 5?'
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9.23 16.88 10.88! 3.59 -2 30 12 07 10.94 13. e2'