Foreign Delegated Management Performance Reports
June 30th, 2007
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Foreign Delegated Management ( Funding in 2005 )
Dec. 01, 2005 - Jun. 30, 2007
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| Total funding amount |
400,000,000
|
| Quarterly-End Net Asset Value |
481,607,472
|
| Accumulated Gain and Loss |
81,607,472
|
| Return Since Inception |
20.40%
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|
Investment Manager
|
Funding Amount
|
Net Asset Value
|
Return Since Inception
|
|
Global Equity
|
|
|
Wellington
|
100,000,000 |
128,439,512 |
28.44% |
|
Alliance Bernstein
|
100,000,000 |
136,955,807 |
36.96% |
| Total amount of equity mandate |
200,000,000 |
265,395,319 |
32.70% |
|
Global Fixed Income
|
|
|
PIMCO
|
100,000,000 |
106,917,533 |
6.92% |
|
Alliance Bernstein
|
100,000,000 |
109,294,620 |
9.29% |
|
Total amount of fixed income mandate
|
200,000,000 |
216,212,153 |
8.11% |
| Footnotes: |
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1. |
The net asset value is stated in the fair value.
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2. |
The funding date is 12/01/05.
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3. |
The benchmark of the global equity mandate is MSCI World Index--Developed Countries.
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The benchmark return since inception (12/01/05-06/30/07) is 32.570%. |
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4. |
The benchmark of the global fixed income mandate is Lehman Brother Global Aggregate A- or Better Bond Index. |
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The benchmark return since inception (12/01/05-06/30/07) is 8.348%.
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