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

Fixed) returns up to 1131/ 2010 are fixed only excluding cash. Effective 2/ 112010 and going forward, cash will be included in their returns. Y Preliminary Reports do not include peer group rankings, due to early release of reports and late release of rankings. u Aletheia Growth account terminated March 2011. Wells Capital AIIGap Growth Account , replaced Aletheia account March 2011, Inception date for Wells will be 41112011. i Market values for Garcia does not match the custodian for June 2011, due to an error in units being Affected incorrectly for a mortgage bond, The custodian Salem m trust, made the necessary corrections In July 2D11. Market values for Garcia does not match the custodian for June 2013, due to an error in units being reflected incorrectly for a mortgage bond Salem was notified b t7 statements were not updated by time of this report. m 3Y E uc aE  Report Statistics Definitions and Descriptions RNUm Campdumaed rate of atom lair the penoa. 6bnaaN conaGan A statistical measure at the ranga of a nomolio's performance. It represents the orchny of relums amuna in, average relum over a abOoea time of Slurye Redo Represents the aces a rata of relam a, m the risk free relum Mora by the standard doommul of g. asibbs return . Try recut( is an easolute at. of atom per u. it of has highs, mm. demondlelas better radical risk adjusted performance. Alpha A measure Or thedmermm book— a pomonos acfom perfonoarce an Tom expend return ba.. aomm eruct oftsk a, determined by beta. It delarmmea the PCrusid momaynleman return a, is nearest panvmanoe not explained by mo remems of the model e. a A measure If the aensvlwyof a pordelp to the moomams In the market It is a measure of Portfolio seymemenc risk_ Rsal Theperimmage of a mr. l., penonmismaa mm can be a. plamea by me mammal erne Pulaski benahmmk. A high entrusted mean, me pol, performance nee noto' caur movea of the same direction as the appropriate benchmark. Traynor Ratio former to shame race but udu: e, beta ratherthan ¢, mess ask as detemmnedbysandard aeviadom It calculated by taking the exsera rate of above the risk free rate betided by beta to aerwe the abmmfa rem IF return per unit of risk A higher same maicates a pmdun has aen evee bettermsmkok dek. aaiusfea PPrPb rim. pownelae Radio Ameasure similar is standard ac. ianon that unm : g only the negative movements of the reform scans. It Parolees by taking the standard deviation of negarve summery set m returns . A higher factor to knio ee of a bskmr Proton . loodine Error This is ameasue of the standard deviation of a Partners rations In retabon la the Perform— of its designated market benchmark Information Ratio hall cakutetes me veto. - added mnlnbution of In. manager aria is be me d by dial ding In. ..,, a rate of return N the pemohn by the tracking error. The higher the Imcrmanon Rallo, the more the manager has added value to the portfolio. Cansbteney The Percentage of quarters that a Product a Peaed a rate of relum moue, than that Of benchmark . Higher consistency indicates the manager has conNbWed more to the Produds Perfo cho m. Excess Realm Arithmetic difference bemeen the manageh pommmanm and the M1e mtum suet a apenfred time period Agrve Return AMnmerc difference between the manager performance and In. carne tea benchmark return mor a specdled time period. Eua as. Rick A measure of the standard deviation of a portfolios pe mmmance relative to the risk free oturn Up Market CepNn The ratio of average pomade pMCrmenm ovennedesgnamd b cinch mark during periods at posMe relums. A higher tutus maicmbe Of product performance Dawn Market Capture The ratio of average p.. k. pemorman, e over the designated benchmark during par of neganerelums. A lower value mb cater better product pemormance F- Attzclement: 2013 -06 -30 Fort Walton Beach General ( quarterly report) ( 26]]: Presentation of Quarterly Pension Reports)  Disclosures The Boi Group compiled IMS report br the sole use of Me client for which II was prepared. The Bogaam Gmup Is reap[ ... of, for eva coed, the performance reaulb W the Total I along with the resM1n ent ad— by mmpand, their performance with Indices and Ogden mIaled paer a moirem data that s deemed appropnale. The Bpgaahn group uses the results from this evaluahen to make ebser, allpn¢ and necommenderens to the client. The Sondann Group uses time weighted calculations which are founded on standard, recommended by the CFA institute. The calculations and wanes shown are based an information Nal is mcd, mJ from custodians . The Bogdahn Gmup analyses transadiom as Imoiest on the custodian statements and reviews the custodial made) waluas at the portfolio . As a result Me annual The Bogamon Gmup with a onabla basis that the nW5Me, t Inbr Oon presented Is Ire. hum material m..... ent This mePaded., of ewalualing and measurin g performance provides The Bogdan, Goup with a practical foundation for our observations and recommendations. Nothing came to our attention that wauM cause The emble n Group to believe that the Information presented a sigrec npy misstated. The strategies acted may not be .,, note ter all Investors. We believe the Information provaea hand a reliable, but do not warrant its accuracy or completeness. Past performance is not an lnaicals, of future performance. Any symmetry, contained In this apod is for informational purposes only and should not be construed to be an offer to buy .. sell any securities. , vestment consulting, or investment management callean Additional Information Included In this document may contain data preeded by hom l no,, dalabasea public ecanommseurtes and lit. managers Pemselees. The document may Catem data proNdea by Barclays. Barclay. Index data provided by way of Barclays lave. This document may contain data pmvidM by Standard and poor s. Nogdmg contained w,the, any armament co mmiss m enl w pmsemalion hqn S & P Indices wnslimtes an offer of saMCes in fuasmaons whore S & P Indlees does not nave the nacaaaary li cans.. All npxp lien proNaea by S& P Indices Is impersonal and is not nodded mine needs of any person amity or g, cap ot co5ons. Any revere or performance provided w,than any Moun ll a panda. b for legandus purposes cry and does lot emon. o-ate actual performance. Past performance a not guarantee of Store l n, esmem resulty . The aoamem may contain data prona. a by MSCI. Inc. Coodurn MC1, 3013. Unpubliished. as Bights Reserved mis information may only be, sad for your internal as may not be reproduced or amasemmalea In any from and may not be used to create any financial Instmments or pmdue6 or any indices. This lnmrmMinn is provided on a,- as ia' preae and the , set 9th is immmation assumes the entire k of any use I may make or pcvmd to be made of an, in larmation. Neither MSCI, any of aMliatn or any, Mer person involved In or ref sled to compiling computing or creating this r, M, mA,o, makes any express or implied wa, andes or representations with respetl to such' mfotmation or to. results to fie obW,, W by the use thereof, and MSCI, by affiliate¢ and each such . Per peso, hereby expressly discraim all mantles hndu din¢ with out limitation. all warentles of ongl - de, accuracy ,complete, es¢, Penellnss noMnMngament memhanlaafty and fitnes¢ to, a particular purpose) sixth respect to this l,kr at, on_ Wnhoul limiting any of.. It....... n shall MSCI, any of its aXUiales or any offer parson In volved In or related to compiling, computing or creating this information pave any Pul lily for any direct lbroker. sposuin daenlel, rural mnsa, mildralo any other damages ( including ,¢ 9hout. collation, lost groRS) even if noticed of orillmight otherwise nave anticipated the possLday occurs damages. This aacument may c.,. in aau pro d. d by Russell hvecament Gmup. Russell investment Gral is Pe source owner of the data contained or reflected In this mA- al and all tradema ks and copyrights related thismate The hood ... may... ran mnedanuel mmrmahon and uneumorlaed use alsofosme, cop$ ng, dissemination or wriaad Winn l s shiny prohibited. This is a user presentation of data Russell Investment Group m not sap.. ibis tar the formaning or configuration of this material orbr any inaccu acy In presentation thereof, shed. Vse of Pis content mpmms gyred knmvleoga I Is Ie be used by ¢ recall sl institution only The Infmmenen conourn as hown If I Is copied, adapted or distributed, and( 3) is anted to be a complete may. Neither M rry' re fit pmviden fwma0m, aewpt( Mare such damages or mikescannot tick hIDaedorhe oyPaw in your jurisdiction Pall rmxpolalperformance is vela Attachment: 1013 -0630 Fort Walton Beach General ( quarterly report ( 16]]: Presentation of Quarterly Pension Reports(  sundae....... RV. ye. O.. ..... ...... r .... ) ( Yodai Ruauenb) le. auaq 9aeog uolleM uoj ot- 90, LDZ luaw, euV m THE BOGDAHN GROUP. amPWrt