Fort Walton Beach Council agenda — 08-27-13--regular — reading text

NNNrka18N4atics - a Y.. c.Tun urn. er. E a n: ua sn mes o s a.. m, 3i  Investment Benchm Policies Toni Fund Policy Taal ABiaece Pel Oct -IW Apr. 2001 m Eon walmn General Toral 1WCa S& P 5QGoes Bo1A MeniGG Lymn Gov Carp Master acm BBB BMA MevAl Lydci GovCorp Men,, Jan2CC] BGW I M$ CI SAFE Infer Russell 9WO SSW Jm Barclays I. I. Aggregale Ar 35N MBCeFE II 1C W Russell dQC Ind- 55 W Ill PeekN  City of Fort Walton Beach General Employees' Pension Fund Compliance Checklist as of June 30, 2013 Yes No NA Total Fund Com filiance: 1• The TOt al Filed return equaled or exceeded the total plan benchmark over the trailing three and five year periods. J J 12, The Total Plan return ranked within the top 40th percentile of its peer group over the trailing three and five year periods. 3. The Total Plan standard deviation was equal to or less than 120% of the total plan benchmark over the trailing three and five year periods. J Yes No NIA Equity Compliance J 1 Total domestic equity returns meet or exceed the benchmark over the trailing three year period. J 2. Total domestic equity returns ranked within the top 40th percentile of its peer group over the trailing three year period J 3. The total equity allocation was less than 75% of the total plan assets at market J 4. Total foreign equity was less than 15% of the total plan assets at cost. ( Actual 15. 31 %) Yes No NA Fixed Income Compliance J I. Total fixed income returns meet or exceed the benchmark over the trailing three and five year periods. J 2. Total fixed income returns ranked within the top 40th percentile of its peer group over the trailing three and five year periods. J 3. The average quality of the fixed podfolic was A or better. 4. No more than l0% of the fixed income portfolio was rated below BB BIBaa. J J 5. GMO' s was limited to 15% of the market value of the fixed Income portfolio. J 6. OMO' s if any were rated Abe by Moody, or AAA by S& P', s is T „r dl- RncnAH k Attachment: 2013 -06 -30 Fort Walton Beach General ( quarterly report) ( 241]: Presentation of Quarterly Pension Reports) p  City of Fort Walton Beach General Employees' Pension Fund Compliance Checklist as of June 30, 2013 1. Anchor Syr 2, Wells J J J 3. Pennsylvania 4. EumPacific J J J s. Garcia J J J 6. Alliance J J J J VV I LL/ / RncnAHRncnAH Attachment:Attachment: 20132013 - 0630 - 0630 FortFort WaltonWalton BeachBeach GeneralGeneral ( ( quarterlyquarterly report)report) ( ( 241]:241]: PresentationPresentation ofof QuarterlyQuarterly PensionPension Reports)Reports)  TheVou'Bogd Team Lome Se :; iJ;A3A OI f Pttb M errt Oepeenent Mi 8 Tu W 111 phaaet afi } 9p . Bfi39W 8816 Melt P. t a hat IN of MPwM t caesumardyearn pry mm M CaIeulbmT r wee Pno.. e635w2425 M. Pmx E16317. U1 q md O 3 c0c0 PeekM..PeekM.. '+ '+ IBIB ROUPROUP  Disclosures As of June 30. 2— All returns prior to 411108 provided by Memll Lynch. Domestic Equity segment returns prim to 411108 not available. ` Y Mutual Fund Returns are Net of Fees p'o Total Fund Policy = 55% Russell 3000, 10 % MSCI EAFE; and 35% Barclays US Agg A+ Individual manager and allocation reports use actual client returns. The individual product reviews use returned mutual fund returns provided by the Lipper 3 database. Differences in performance may occur due to flows into and out of fire portfolios. Due to the existence of the Alliance Bernstein ( Balanced) account, the Total Equity , Total Fixed Income, and Total International Composites were not created until n 21laO10, These composites became possible after the breakout of the balanced account. Alliance Bernstein (