Shenandoah Custom Midcap Strategy -
Peer Group Comparisons
Shenandoah launched this strategy on October 12, 2007. The charts below were generated from the Plan Sponsor Network (PSN) database of Informa Investment Solutions. They utilize a universe of managers designating the S&P Midcap 400® Index as their benchmark.
Gross Returns
The chart below can be downloaded in a printer friendly format here: SAM Custom Midcap 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 calculation of information ratios (IR) require 12 months of performance history which will be available for this product after December 31, 2008.***
Sources
S&P MidCap 400® Index is a registered trademark of
Standard & Poor's, a Division of The
McGraw-Hill Companies, Inc.
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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