Shenandoah MegaCap Strategy - Peer
Group Comparisons
The charts below were generated from the Plan Sponsor Network (PSN) database of Informa Investment Solutions. They utilize a universe of managers designating the Russell Top 200® Index as their benchmark.
Gross Returns
This chart can be downloaded in a printer friendly format here: SAM MegaCap 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
Russell Top 200® 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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