3. Management Cost of Ownership Expenses Rating
Turnover Years Up vs Years Down Taxes Risk and Yield
4.
5.
6.
7.
8.
9.
10. Benchmark Fund #1 Fund #2 Fund #3
Metric GPAFX BBTEX VINIX
Age 39 years old 12 years old 21 years old
Management team 3 yrs current tenure 6.2 yrs current tenure 10.9 yrs current tenure
Cost of Ownership $2,500 minimum $10,000 minimum $5 million minimum
Expenses 4.75% load No load No load
0.95% expenses 1.11% 0.05%
Rating 3 star (Morning Star) 5 star (Morning Star) 4 star (Morning Star)
Turnover 50% 19% 4%
Years up vs down 30 positive return Ratio greater than 2 16 positive return
8 negative return 4 negative return
Risk vs Category: Average Risk: Below Average Risk: Average Risk:
Alpha - Beta ᾳ -4.06 -- β 0.97 ᾳ 3.00 -- β 0.82 ᾳ -- β 0.82
Standard Deviation σ: 19.56 σ: 16.24 σ: 18.97
Return Below Average Return Above Average Return Average Return
13. Annual Percentage Return
20
15
10
Percentage Points
RS Large Cap Alpha
BBH Core Select N
5
Vanguard Insitutional Index
0
1 Year 3 Year 5 Year 10 Year
-5
-10
14. Annual Percentage Gain/Loss
40
30
20
10
Percentage Points
0 RS Large Cap Alpha
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 BBH Core Select N
-10 Vanguard Insitutional Index
-20
-30
-40
-50
