asset class relative positioning 2013 index performance u...
TRANSCRIPT
– Q4 2013
Asset Class Relative Positioning 2013 Index Performance
U.S. Large Cap (Russell 1000) Underweight 32.3%
U.S. Small/Mid Value (Russell 2500 Value) Overweight 32.6%
U.S. Small/Mid Growth (Russell 2500 Growth) Overweight 40.3%
Foreign Large Cap (MSCI EAFE) Underweight 22.8%
Foreign Small Cap (MSCI EAFE Small Cap) Overweight 29.3%
Emerging Markets (MSCI Emerging Markets) Neutral -2.6%
– Q4 2013
– Q4 2013
– Q4 2013
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Q4 2013
Gross Returns
(%)
Net Returns
(%)
Benchmark1
(%)
Standard
Deviation
(bps)3
Composite 3yr Ex Post Standard
Deviation
(%)
Benchmark 3yr Ex Post Standard
Deviation
(%)
Number of
Accounts
Composite Assets
at end of period
($ millions)
Total Firm
Assets
($ millions)
2012 18.2 16.4 16.4 78 17.8 17.3 187 123.5 4,402.6
2011 -6.1 -7.4 -7.9 54 20.2 20.9 150 87.0 4,200.7
2010 15.6 14.0 14.4 82 - - 95 61.8 4,412.7
2009 36.5 34.6 36.4 128 - - 32 21.5 4,365.1
2008 -38.2 -39.1 -42.3 NA - - 11 6.0 2,527.4
20072 3.5 3.0 3.0 NA - - 2 2.1 4,124.5
Q4 2013
Gross
Returns
(%)
Net
Returns 4
(%)
Benchmark
Returns 1
(%)
Standard
Deviation 2
(bps)
Composite 3yr
Ex Post
Standard
Deviation
Benchmark
3yr Ex Post
Standard
Deviation
Number
of
Accounts
Composite Assets
at end of period
($ millions)
Total Firm
Assets
($ millions)
2012 5.9 5.3 3.9 62 2.17 2.16 19 31.8 4,402.6
2011 6.3 5.7 5.8 65 2.6 2.6 18 29.8 4,200.7
2010 7.0 6.3 5.9 121 - - 17 28.5 4,412.7
2009 9.3 8.7 5.2 123 - - 15 27.1 4,365.1
2008 3.2 2.5 5.1 296 - - 12 40.7 2,527.4
2007 6.8 6.1 7.4 42 - - 15 49.3 4,124.5
20063 4.1 3.8 4.4 NA - - 14 47.5 4,027.2
Q4 2013
Gross Returns
(%)
Net Returns
(%)
Benchmark 1
(%)
Standard
Deviation3 (bps)
Composite
3yr Ex Post Standard Deviation
Benchmark
3yr Ex Post Standard Deviation
Number of
Accounts
Composite Assets
at end of period ($ millions)
Total Firm Assets
($ millions)
2012 3.14 2.73 3.55 55 2.45 2.45 46 86.0 4,402.6
2011 6.81 6.39 7.62 52 3.26 3.20 42 73.0 4,200.7
2010 3.09 2.68 3.1 60 - - 32 46.3 4,412.7
2009 6.22 5.80 7.16 132 - - 18 18.5 4,365.1
2008 3.86 3.46 4.24 164 - - 13 12.7 2,527.4
2007 4.52 4.10 4.79 47 - - 13 13.4 4,124.5
2006 2 2.44 2.21 3.15 NA - - 11 10.9 4,027.2