Fort Walton Beach Council agenda — 05-26-09 regular — reading text

4.28% 10. 33% AlianceBernstein: Bornstein DV ( S &P) 5. 51 6. 34 4. 65 17. 40 18. 06% 11. 86% 10. 95% 8. 09% 2. 44% 1. 971/6 9. 96% 15. 41% Russell 3000 Value 5. 14 8. 29 7. 48 20. 81 2246% 15. 20% 14. 42% 8. 97% 3. 34% 0. 241/6 8. 26% 15. 60% CreatedCreated withwith ZephyrZephyr StyleADVISOR.StyleADVISOR. ManagerManager returnsreturns suppliedsupplied byby eVestment eVestment AllianceAlliance Fort Walton Beach General Employees` Pension Fund Zephyr StyleADVISOR: The Bogdahn Group Rank vs Universe: Rolling 3 -Year Alpha Rank eA US All Cap Value Universe Y C CO ro L a Q4 2002 Q3 2003 Q3 2004 Q3 2005 Q3 2006 032007 Q3 2008 Q1 2009 Anchor Capital: All Cap Value O Westwood: AIICap Value AllianceBernstdn: Bernstein DV ( S &P) Russell 3000 Value 5th to 25th Percentile 25th Percentile to Median Median to 75th Percentile 75th to 95th Percentile Rolling 3 -Year Alpha Mar 2004 Sep 2004 Mar 2005 Sep 2005 Mar 2006 Dec 2006 Mar 2007 Dec 2007 Jun 2008 Sep 2008 Dec 2008 Mar 20D9 Anchor Capital: Al Cap Value 0. 39 1. 37 2. 51 5. 98 4. 53% 2. 47% 3. 35% 5. 79% 6. 13% 3. 76% 4.33% 4. 91% Westwood: AlCap Value N/ A N/ A N/ A 5. 81 7.38% 7. 03% 8. 55% 8. 02% 6. 74% 3. 86% 3. 84 % 3. 94% AllianceBernsten: Bernstein DV (S &P) 0. 49 1. 50 2. 36 1. 17 1. 75% 2. 80% 2. 97% 0. 78% 0. 82% 1. 74% 1. 88% 1. 041/6 Russell 3000 Value 0. 00 0. 00 0. 00 0. 00 0. 00% 0. 00% 0. 00% 0. 00% 0. 00% 0. 00% 0. 00% 0. 00% CreatedCreated withwith ZephyrZephyr StyleADVISOR.StyleADVISOR. ManagerManager returnsreturns suppliedsupplied byby eVestmenteVestment AllianceAlliance Fort Walton Beach General Employees' Pension Fund Zephyr StyleADVISOR: The Bogdahi Group x C Rank vs Universe: Rolling 3 -Year Sharpe Ratio Rank m eA US All Cap Value Universe cc 0% o a d 25% - -- cc a Media - -- m 75% - -- 100% 042002 Q3 2003 Q3 2004 03 2005 Q3 2006 03 2007 Q3 2008 Q1 2009 Anchor Capital: All Cap Value O Westwood: AIICap Value ® AllianceBernstein: Bernstein DV ( S& P) Russell 3000 Value 5th to 25th Percentile 25th Percentile to Median Median to 75th Percentile 75th to 95th Pe rcentile Rolling 3 -Year Sharpe Ratio MarMar 20042004 Sep 2004 Mar 2005 SepSep 20052005 Mar 2006 Dec 2006 MarMar 20072007 DecDec 20072007 Jun 2008 SepSep 20082008 Dec 2008 MarMar 20092009 AnchorAnchor Capital:Capital: AllAll CapCap ValueValue 0.0. 1919 0. 45 0.0. 4848 2.2. 0707 2. 20 1.1. 8686 1.1. 8383 1.1. 5050 0.0. 7171 0.0. 1414 0. 36 0.0. 6666 Westwood: AIICap Value N/ A N/N/ AA N/N/ AA 1.1. 9696 2.2. 5555 2.2. 7878 2. 98 1.1. 9191 0.0. 6666 0.0. 0505 0.0. 4646 0.0. 7878 AllianceBernstein:AllianceBernstein: Bernstein Bernstein DVDV ( ( SS&& P)P) 0.0. 1818 0.0. 2626 0. 17 1.1. 3333 1.1. 5353 1. 24 1. 04 0.0. 5050 0. 15 0.0. 4848 0. 80 1. 07 RussellRussell 30003000 ValueValue 0. 15 0. 35 0.0. 3030 1.1. 4747 1. 76 1. 77 1. 58 0. 63 0. 07 0. 34 0. 71 1. 05 CreatedCreated withwith ZephyrZephyr StyleADVISOR.StyleADVISOR. ManagerManager returnsreturns suppliedsupplied byby eVestmenteVestment AllianceAlliance Fort Walton Beach General Emolovees' Pension Fund Zephyr StyleADVISOR: The Bogdahn Group Manager Risk /Return Longest Concurrent Timeframe: 6 Years Ended March 2009 12%- 10 °/ 8% C 6% O 7 N 4% 2% 0% 2% 4% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% Standard Deviation Anchor Capital: All Cap Value O Westwood: AIICap Value 0 Allian ce Bernstein: Bernstein DV (S &P# Russell 3000 Value Risk -Return Table Lonaest Concurrent Timeframe: 6 Years Ended March 2009 ReturnReturn StdStd DevDev Downside BetaBeta AlphaAlpha R- Sqared SharpeSharpe TrackingTracking ErrorError NN Risk ( %) vs.vs. MarketMarket vs.vs. MarketMarket vs. Market RatioRatio vs.vs. MarketMarket Anchcr Capital: AI Cap Value 6. 76 14.14. 0101 10. 88 0.0. 7575 5.5. 2828 88. 19 029029 6.6. 5454 Westwood:Westwood: AIICapAIICap ValueValue 6.6. 1515 16.16. 1111 12. 78 0.0. 8888 4.4. 5959