Hollywood Police Officers' Pension Fund
Compliance Report
September 30, 2009
YES NO
TOTAL FUND RETURNS
           
1. Did the total 3-year return exceed the policy, which is comprised of 24% S&P500, 10% R1000G, 7% R1000V, 4% R2000, 5% S&P Mid. 400, 23% BCIGC, 23% BCGC and 4% T-Bill? [1.28 vs. 0.36]
2. Did the total 5-year return exceed the policy, which is comprised of 24% S&P500, 10% R1000G, 7% R1000V, 4% R2000, 5% S&P Mid. 400, 23% BCIGC, 23% BCGC and 4% T-Bill? [3.97 vs. 3.20]
COMBINED EQUITY
1. Is the amount invested in all issuing companies less than 5% of the Fund's total market value?
2. Is the aggregate investment in all companies less than 5% of the outstanding stock of the company? 
3. Is the amount invested in foreign securities less than or equal to 10% of the Fund's total assets?
INDIVIDUAL  EQUITY
Inverness
1. Did the equity return equal or exceed the S&P500 over the trailing 3-year period?                                                                  [-2.81 vs. -5.43]
2. Did the equity return equal or exceed the S&P500 over the trailing 5-year period?                                        [3.43 vs. 1.02]
3. Is Inverness' trailing 5-year standard deviation below the standard deviation of the S&P500?                                      [15.84 vs. 15.82]
4. Did the 3-year equity return rank in the top 50% of the Mobius Broad Large Cap Core Universe?   [16th]
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INDIVIDUAL EQUITY (continued)
5. Did the 5-year equity return rank in the top 50% of the Mobius Broad Large Cap Core Universe?   [12th]
6. Did the equity return rank in the top 75% of the Mobius Broad Large Cap Core Universe for one of the last 2 quarters or for the last year? [this quarter: 74th]
7. Did Inverness' equity performance fall outside the southeast quadrant of the risk/return scattergram over the 3-year period? 
8. Did Inverness' equity performance fall outside the southeast quadrant of the risk/return scattergram over the 5-year period? 
9. Has Inverness' trailing 3-year equity return outperformed its index for at least 1 of the last 4 quarters? [-2.81 vs. -5.43; -5.46 vs. -8.22. -9.72 vs. -13.06, -4.70 vs. -8.36]
10. Has Inverness' trailing 5-year equity return outperformed its index for at least 1 of the last 4 quarters?  [3.43 vs. 1.02; 0.21 vs. -2.24, -1.75 vs. -4.76, 0.40 vs. -2.19]
11. Has Inverness' equity annualized alpha been positive for the last 3 years? [2.64]
Davis Hamilton Jackson
1. Did the equity return equal or exceed its R1000G index during the trailing 3-year period?                           [-2.42 vs. -2.50]
2. Did the equity return equal or exceed its R1000G index during the trailing 5-year period?                                 [1.67 vs. 1.86]
3. Is DHJ trailing 5-year standard deviation below the standard deviation of its R1000G index?                                                                                               [15.03 vs. 16.04]
4. Does the 3-year equity return rank in the top 50% of the Mobius Broad Large Cap Growth Conservative Universe? [34th]
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INDIVIDUAL EQUITY (continued)
5. Did the equity return rank in the top 75% of the Mobius Broad Large Cap Growth Universe for one of the last 2 quarters or for the last year? [1-Year: 72nd]
6. Has DHJ equity performance fallen outside the southeast quadrant of the risk/return scattergram over the 3-year period?
7. Has DHJ quarterly equity return outperformed its index for at least 1 of the last 4 quarters?                                          [12.14 vs. 13.97; 13.89 vs. 16.32, -3.07 vs. -4.12, -23.43 vs. -22.79]
8. Has DHJ equity annualized alpha been positive for the last 3 years? [-0.24]
Eagle Asset Management
1. Did the equity return equal or exceed its R2000 index during the trailing 3-year period?                           [-1.83 vs. -4.57]
 
2. Did the equity return equal or exceed its R2000 index during the trailing  5-year period?                           [4.67 vs. 2.41]
3. Is Eagle's trailing 3-year standard deviation below the standard deviation of its R2000 index?                                                                                               [20.85 vs. 24.30]
4. Does the 5-year equity return rank in the top 50% of the Mobius Broad Small Cap Universe?                       [23rd]
5. Did the equity return rank in the top 75% of the Mobius Broad Small Cap Universe for one of the last 2 quarters or for the last year? [1yr: 83rd]
 
6. Has Eagle's equity performance fallen outside the southeast quadrant of the risk/return scattergram over the 3-year period? 
7. Has Eagle's quarterly equity return outperformed its index for at least 1 of the last 4 quarters?                    [15.67 vs. 19.28; 13.29 vs. 20.69, -11.17 vs. -14.95, -22.88 vs. -26.12]
8. Has Eagle's equity annualized alpha been positive for the last 3 years? [1.79]