| |
PERFORMANCE |
| Relative Performance (Gross of Fees) | Composite Total Returns In Percentages |
| |
|
Periods Ending September 30, 2008 |
|
Annualized Performance,
Month Ending May 31, 2008
|
| |
|
MTD |
QTD |
|
|
1 Year |
3 Year |
5 Year |
Since Inception* |
| |
Earnings Revision Growth |
-19.2 |
-26.8 |
-28.4 |
|
-28.5 |
1.9 |
11.3 |
9.4 |
| |
Russell 1000 Growth Index |
-11.6 |
-12.3 |
-20.3 |
|
-20.9 |
.04 |
3.7 |
0.7 |
| |
Earnings Revision Dividend Growth |
-10.9 |
-16.6 |
-23.4 |
|
-23.0 |
-2.6 |
9.6 |
10.0 |
| |
S&P 500 |
-8.9 |
-8.4 |
-19.3 |
|
-22.0 |
0.2 |
5.1 |
4.9 |
| |
* ERG (inception April 1, 2002) | ERDG (inception September 1, 2003) |
|
|
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| Calendar Year Relative Performance (Gross of Fees) | Composite Total Returns In Percentages |
| |
|
Ending September 30, 2008 YTD |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
| |
Earnings Revision Growth |
-28.4 |
15.9 |
14.9 |
35.7 |
14.8 |
37.9 |
-21.4* |
| |
Russell 1000 Growth Index |
-20.3 |
11.8 |
9.1 |
5.3 |
6.3 |
29.8 |
-26.0* |
| |
Earnings Revision Dividend Growth |
-23.4 |
10.9 |
6.0 |
17.0 |
24.2 |
12.7** |
n/a |
| |
S&P 500 Index |
-19.3 |
5.5 |
15.8 |
4.9 |
10.9 |
11.0** |
|
| |
* ERG & Index returns as of inception date (ERG inception April 1, 2002)
** ERDG & Index returns as of inception date (ERDG inception September 1, 2003) |
|
|
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| Risk Performance Characteristics |
Inception to Period End June 30, 2008 |
|
|
|
| Earnings Revision Growth |
|
Earnings Revision Dividend Growth |
|
| |
|
1 Year |
2 Year |
3 Year |
4 Year |
5 Year |
Since
Inception |
| |
Alpha |
6.8% |
-2.8% |
6.1% |
10.4% |
8.6% |
9.4% |
| |
Beta |
1.42 |
1.35 |
1.37 |
1.37 |
1.37 |
1.36 |
| |
Info Ratio |
-0.61 |
-0.36 |
0.07 |
0.45 |
0.40 |
0.52 |
| |
Sortino Ratio |
-0.74 |
-0.46 |
0.10 |
0.71 |
0.62 |
0.80 |
| |
R-Squared |
0.87 |
0.87 |
0.77 |
0.71 |
0.68 |
0.63 |
 |
| |
Standard Deviation: |
|
|
|
|
|
| |
ERG |
34.3% |
27.2% |
25.2% |
24.1% |
22.7% |
22.2% |
| |
Russell 1000Gr |
22.6% |
18.9% |
16.6% |
14.9% |
13.8% |
15.3% |
|
| |
Sharpe Ratio: |
|
|
|
|
|
|
| |
ERG |
-1.49 |
-0.76 |
-0.35 |
0.02 |
0.05 |
0.10 |
| |
Russell 1000 Gr |
-1.71 |
-0.88 |
0.59 |
-0.40 |
-0.32 |
-0.32 |
| |
Performance gross of fees
Source: Informa Investment Solutions PSN |
|
|
| |
|
1 Year |
2 Year |
3 Year |
Since
Inception |
| |
Alpha |
-6.5% |
–0.1% |
-1.3% |
5.7% |
| |
Beta |
0.88 |
0.94 |
0.97 |
1.08 |
| |
Info Ratio |
-0.09 |
0.11 |
-0.16 |
0.63 |
| |
Sortino Ratio |
-0.13 |
0.15 |
-0.22 |
1.01 |
| |
R-Squared |
0.82 |
0.86 |
0.83 |
0.74 |
|
| |
Standard Deviation: |
|
|
|
| |
ERDG |
19.7% |
17.5% |
15.9% |
15.9% |
| |
S&P 500 |
20.3% |
17.2% |
15.0% |
12.7% |
|
| |
Sharpe Ratio: |
|
|
|
|
| |
ERDG |
-1.97 |
-0.97 |
-0.63 |
0.20 |
| |
S&P 500 |
-1.86 |
-1.03 |
-0.60 |
-0.15 |
| |
Performance gross of fees
Source: Informa Investment Solutions PSN |
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For a detailed description of audited composite performance:
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