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HomeMy WebLinkAbout2007 10 30 Handout passed out by Kevin Smith, Director, General Services Department October 30, 2007 HAND OUT PASSED OUT BY KEVIN SMITH, DIRECTOR, GENERAL SERVICES DEPARTMENT, AT THE OCTOBER 30, 2007 REGULAR MEETING. OGDAHN C,ONSULTING, LJL;C. simplifying your investment decisions TO: FROM: DATE: MEMORANDUM Kevin Smith David West, CFA RE: Winter Springs Employees' Retirement System: Investment Return Calculation October 30, 2007 Return calculations for the "new" investment management team for the 2nd quarter are as follows: Abbrev Lateet Invest Lateet Invest Snow Cap Mgmt. Snow Cap Mgmt. Voyageur Asset Voyageur Asset Galliard Capital Galliard Capital 03/31/07 MV 15,178,000 Abbrev All Cap Growth NET All Cap Growth All Cap Value NET All Cap Value Int'l Equity NET Int'I Equity Interm Fixed Inc NET Interm Fixed Inc 2007, gross -0.19 7.71 11.22 3.87 4.09 28% Galliard Interm. 25% Snow Capital All Value 25% Lateet 15% Voyageur Inti Equity 7% American Reality wtg. Avg ror (net) -0.0707 1.8575 2.77 0.5445 0.2702 3/2007-6/2007 11.08 11.22 7.43 7.71 3.63 3.87 -0.19 -0.19 100% - I - 340 West Central Avenue + Suite 300 + Winter Haven, Florida 33880 Telephone (863)293-8289 · Facsimile (863) 298-6762