Hollywood Police Officers' Pension Fund
March 31, 2003
Total Fund
		5 Year Return (p1)				5 Year Standard Deviation (p20)				Size		(p1)
		Fund	Policy	Ratio		Fund	Policy	Ratio
6/30/2002		5.76	4.95	0.81		9.44	8.85	0.59		0.343		Original Amount	59,084
9/30/2002		3.79	2.35	1.44		9.31	9.01	0.3		0.49		Net Flows	3,743
12/31/2002		3.88	2.9	0.98		9.45	9.31	0.14		0.7		Gain/Loss	74,087
3/31/2003		2.38	1.61	0.77		9.28	9.18	0.1		1
												Total	136,914
Inverness Equities
		5 Year Return (p43)				5 Year Standard Deviation (p51)				Size		(p43)
		Fund	Policy	Ratio		Fund	Policy	Ratio
6/30/2002		4.71	3.71	1		17.96	17.61	0.35		0.343		Original Amount	18,638
9/30/2002		0.54	-1.61	2.15		18.11	18	0.11		0.49		Net Flows	-16,711
12/31/2002		0.82	-0.57	1.39		18.64	18.61	0.03		0.7		Gain/Loss	44,833
3/31/2003		-1.83	-3.74	1.91		18.28	18.24	0.04		1
												Total	46,760
DHJ Total (Equity + Cash)
		Inception Return (p53)				Inception Standard Deviation (p59)				Size		(p53)
		Fund	Policy	Ratio		Fund	Policy	Ratio
6/30/2002		-11.28	-12.01	0.73		16.42	17.05	-0.63		0.343		Original Amount	20,000
9/30/2002		-15.51	-17.1	1.59		16.66	17.79	-1.13		0.49		Net Flows	673
12/31/2002		-12.51	-13.36	0.85		17.38	18.67	-1.29		0.7		Gain/Loss	-6,547
3/31/2003		-12.04	-13.25	1.21		16.77	17.97	-1.2		1
												Total	14,126
Inverness Fixed Income
		5-Year Return (p23)				5-Year Standard Deviation (p31)				Size
		Fund	Policy	Ratio		Fund	Policy	Ratio
6/30/2002		7.43	7.34	0.09		3.36	3.33	0.03		0.343
9/30/2002		7.79	7.75	0.04		3.26	3.26	0		0.49
12/31/2002		7.62	7.55	0.07		3.39	3.39	0		0.7
3/31/2003		7.62	7.55	0.07		3.4	3.41	-0.01		1