Hollywood Police Officers' Pension Fund
Alpha & Beta: 5-Years Trailing (or Inception if Less)
June 30, 2006
BETA
Current
Policy Jun-06 Mar-06 Dec-05 Sep-05 Jun-05 Mar-05 Dec-04 Sep-04    
Total Fund * 0.84 0.85 0.87 0.88 0.92 0.93 0.92 0.94
Managers, Equities
Davis, Hamilton, Jackson R1000G 0.77 0.76 0.68 0.69 0.67 0.90 0.90 0.89
Inverness S&P500 0.92 0.94 0.97 0.98 0.98 0.98 0.95 0.96
Eagle R2000 0.67 0.67 0.65 0.63 0.62 0.60 0.56 0.56
Buckhead R1000V 0.80 0.78 0.82 0.87 0.83 0.85 0.96
Inverness Fixed Income 50% LBGC, 50% LBIGC 0.89 0.89 0.89 0.89 0.89 0.90 0.89 0.89
   
ALPHA
Total Fund * 1.82% 2.03% 1.48% 0.88% -0.06% 0.03% -0.23% 0.47%
Managers, Equities
Davis, Hamilton, Jackson R1000G 1.24% 1.29% 1.37% 1.87% 2.63% -1.73% -1.61% -2.29%
Inverness S&P500 3.05% 3.53% 2.61% 1.38% 0.85% 1.18% 0.37% 1.56%
Eagle R2000 5.78% 6.22% 6.00% 7.10% 6.70% 7.55% 10.24% 7.51%
Buckhead R1000V -1.03% -0.46% -0.89% -2.57% -0.75% -0.93% -3.33%
Inverness Fixed Income 50% LBGC, 50% LBIGC 0.94% 0.92% 0.97% 1.04% 1.21% 1.12% 1.06% 1.09%
* 33% S&P500, 23% LBIGC, 23% LBGC, 10% R1000G, 7% R1000V, 4% R2000
ASSET CONSULTING GROUP, INC.
Formerly a division of Gabriel, Roeder, Smith, & Co. Page 21