Shenandoah 130/30 Alpha Extension
Strategy (Launched June 1, 2007) - Peer Group Comparisons
Shenandoah launched this strategy on June 1, 2007. The charts below were generated from the Plan Sponsor Network (PSN) database of Informa Investment Solutions. They utilize a universe of 130/30 managers designating the Russell 1000® Index or the S&P 500 Index as their benchmark.
Gross Returns
The chart below can be downloaded in a printer friendly format here: SAM 130-30 Peer 093008.pdf
Information Ratios
The Information Ratio (IR) measures the active return generated by the manager relative to the risk taken by the manager versus the benchmark. It is calculated as the annualized excess return above the benchmark divided by the annualized volatility of those excess returns (tracking error).
The chart below can be downloaded in a printer friendly format here: SAM 130-30 Peer IR 093008.pdf
Sources
Russell 1000® Index is a registered trademark of the
Russell Investment Group
Plan Sponsor Network (PSN) is a product of
Informa
Investment Solutions
Global Industry Classification Standards (GICS®)
are a registered trademark of Standard & Poors and MSCI BARRA
Portfolio characteristics compiled from data supplied by The Applied
Finance Group, LTD.
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