Sunrise Police
Alpha & Beta: 5-Years Trailing (or Inception if Less)
December 31, 2003
BETA
Current
Policy Dec-03 Sep-03 Jun-03 Mar-03 Dec-02 Sep-02 Jun-02 Mar-02    
Total Fund 50%S&P500, 40%LBAB & 10%EAFE 0.84 0.87 0.88 0.89 0.92 0.92 0.94 0.94
 Managers, Total Fund
DHJ 55%S&P500, 45%LBIGC 1.02 1.18 1.18 1.35 1.39 1.45 1.53 1.58
Managers, Equities
DHJ S&P500 1.00 1.02 1.00 1.04 1.04 1.05 1.07
Buckhead S&P500 1.03 1.08 1.03  
International EAFE 0.96 0.98 0.99 1.00 1.00 0.99 1.00
Managers, Fixed Income
DHJ LBIGC 0.83 0.83 0.84 0.83 0.83 0.83 0.86
Invesco LBAB 1.12 1.02 1.18 1.20 1.19 1.16 1.16
   
ALPHA
Total Fund 50%S&P500, 40%LBAB & 10%EAFE 0.13% 0.37% 0.27% 0.56% 0.78% 0.96% 0.72% 0.76%
 Managers, Total Fund
DHJ 55%S&P500, 45%LBIGC 0.17% 1.63% 1.01% 2.06% 2.35% 3.03% 2.18% 1.48%
Managers, Equities
DHJ S&P500 0.19% 0.83% 1.55% 3.29% 2.96% 3.61% 3.10%
Buckhead S&P500 4.39% 2.04% 1.93%  
International EAFE -0.20% 0.82% 1.08% 2.07% 2.60% 2.14% 2.29%
Managers, Fixed Income
DHJ LBIGC 1.14% 1.15% 1.34% 1.25% 1.25% 1.21% 1.11%
Invesco LBAB -1.72% -0.55% -2.13% -2.11% -2.15% -1.57% -1.60%
ASSET CONSULTING GROUP
a division of Gabriel, Roeder, Smith, & Co. Page 17