Foreign Delegated Management Performance Reports
March 31st, 2007
|
Foreign Delegated Management ( Funding in 2005 )
Dec. 01, 2005 - Mar. 31, 2007
|
| Total funding amount |
400,000,000
|
| Quarterly-End Net Asset Value |
464,269,301
|
| Accumulated Gain and Loss |
64,269,301
|
| Return Since Inception |
16.07%
|
|
Investment Manager
|
Funding Amount
|
Net Asset Value
|
Return Since Inception
|
|
Global Equity
|
|
|
Wellington
|
100,000,000 |
119,467,155 |
19.47% |
|
Alliance Bernstein
|
100,000,000 |
126,603,276 |
26.60% |
| Total amount of equity mandate |
200,000,000 |
246,070,431 |
23.04% |
|
Global Fixed Income
|
|
|
PIMCO
|
100,000,000 |
108,361,600 |
8.36% |
|
Alliance Bernstein
|
100,000,000 |
109,837,270 |
9.84% |
|
Total amount of fixed income mandate
|
200,000,000 |
218,198,870 |
9.10% |
| Footnotes: |
|
|
|
| |
1. |
The net asset value is stated in the fair value.
|
| |
2. |
The funding date is 12/01/05.
|
| |
3. |
The benchmark of the global equity mandate is MSCI World Index--Developed Countries.
|
| |
|
The benchmark return since inception (12/01/05-03/31/07) is 24.470%. |
| |
4. |
The benchmark of the global fixed income mandate is Lehman Brother Global Aggregate A- or Better Bond Index. |
| |
|
The benchmark return since inception (12/01/05-03/31/07) is 9.377%.
|