City of Atlantic Beach - Police Pension Plan - PL2 - Annual Report of Investment ActivityCustom Report Prepared on December 18, 2015
Prepared For:POLICE EMPLOYEE RETIREMENT
ATLANTIC BCH
FL32233
800 SEMINOLE ROAD
BAGWELL/BRIDGES/TAYLOR/+
Tel: 904-543-7800
Please review the disclosures and definitions at the end of this Document.
Page 1 of 31
Reporting Currency: USDPrepared on December 18, 2015CITY OF ATLANTIC BEACH
TABLE OF CONTENTS
Various sub-sections of this Document may not contain information on all accounts/positions covered in this Document.
CONTENTS
Account(s) Included In This Report 3
Time Weighted Performance Summary 4
Positions - Advisory Assets Only 5
Time Weighted Performance Detail - Advisory Assets Only 25
Disclosures 26
Page 2 of 31
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
TIME WEIGHTED PERFORMANCE SUMMARY
RETURN % (GROSS AND NET OF FEES) VS. BENCHMARKS
-12%
-8%
-4%
0%
4%
8%
12%
16%
06/30/15 - 09/30/15 09/30/14 - 12/17/15 09/30/14 - 09/30/15 09/30/12 - 09/30/1508/31/15 - 09/30/15
Performance Inception
03/10/10 - 09/30/15
Last 3 YearsLast 12 MonthsCustom PeriodQuarter to DateMonth to Date
Beginning Total Value $5,848,281.36$7,031,058.25$7,897,560.94$7,897,560.94$8,518,574.84$8,175,586.77___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
7,334.84 28,412.90 28,412.90 20,870.11 0.00Beginning Accrued Income 8,126.42___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
0.00 0.00 0.00 65,000.00 176,135.82Net Contributions/Withdrawals 0.00___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ __
16,907.43 103,530.63 89,545.56 376,678.19 730,187.25Total Income Received 6,992.58___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ __
-596,001.87 246,997.59 -47,626.10 466,743.96 1,184,875.97Appreciation/Depreciation -243,098.95___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ __
Ending Total Value $7,939,480.40$7,939,480.40$7,939,480.40$8,248,089.16$7,939,480.40$7,939,480.40___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
6,307.07 15,186.56 6,307.07 6,307.07 6,307.07Ending Accrued Income 6,307.07___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
Return % (Gross of Fees)-2.89 -6.67 4.20 1.07 4.36 5.72
Return % (Net of Fees)-2.89 -6.80 3.64 0.53 3.86 5.18
60/40 Balanced -1.21 -3.39 4.07 0.95 8.14 8.95
S&P 500 Total Return -2.47 -6.44 5.09 -0.61 12.40 12.15
BC Aggregate 0.68 1.23 2.04 2.94 1.71 3.84
Russell 2000 -4.91 -11.92 3.89 1.25 11.02 10.83
Russell Midcap -3.60 -8.01 2.10 -0.25 13.91 12.93
DJ Industrial Avg -1.35 -6.98 4.80 -2.11 9.26 10.88
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ______ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___
___ ___ ___ ___ ___ ___ ___ ___ ___ ___
The investment returns shown on this page are time-weighted measurements which exclude the effect of the timing and amount of your contributions and withdrawals.
PERFORMANCE Page 4 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
CASH, MMF AND BANK DEPOSITS
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
Cash 22,456.68
-
-$1.00 $22,456.68 -0.40%-
-
BANK DEPOSIT PROGRAM 128,396.22
-
-1.00 128,396.22 -2.31-
-
BDPS, Cusip: 061871901
Cash, MMF and Bank Deposits Total -$150,852.90 -2.72%
STOCK / OPTIONS
Security Description Price
Average Unit Cost /
Quantity
Unrealized Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
ABAXIS INC 145.00
$8,383.90
$57.82 $43.99 $6,378.55 -$2,005.35 0.12%1.00
0.76
%
%
ABAX, Cusip: 002567105, Div$: 0.44
ABBOTT LABORATORIES 750.00
30,351.44
40.47 40.22 30,165.00 -186.44 0.542.38
2.37
ABT, Cusip: 002824100, Div$: 0.96, MS Rating: OVWEIGHT, S & P Rank: 1
ABBVIE INC COM 769.00
45,467.41
59.13 54.41 41,841.29 -3,626.12 0.753.74
3.44
ABBV, Cusip: 00287Y109, Div$: 2.04, MS Rating: EQWEIGHT, S & P Rank: 1
ACTIVISION BLIZZARD INC 1,246.00
24,875.24
19.96 30.89 38,488.94 13,613.70 0.690.74
1.15
ATVI, Cusip: 00507V109, Div$: 0.23, MS Rating: DC, S & P Rank: 2
ACUITY BRANDS INC 318.00
63,804.35
200.64 175.58 55,834.44 -7,969.91 1.010.29
0.25
AYI, Cusip: 00508Y102, Div$: 0.52
ADOBE SYSTEMS 980.00
78,573.22
80.18 82.22 80,575.60 2,002.38 1.45-
-
ADBE, Cusip: 00724F101, MS Rating: EQWEIGHT, S & P Rank: 2
AETNA INC (NEW)(CT)285.00
22,572.43
79.20 109.41 31,181.85 8,609.42 0.560.91
1.26
AET, Cusip: 00817Y108, Div$: 1.00, MS Rating: OVWEIGHT, S & P Rank: 1
AGILENT TECHNOLOGIES 944.00
37,720.95
39.96 34.33 32,501.92 -5,313.43 0.591.16
1.00
A, Cusip: 00846U101, Div$: 0.40, MS Rating: EQWEIGHT, S & P Rank: 2
AKAMAI TECHNOLOGIES INC 219.00
15,681.45
71.61 69.06 15,124.14 -557.31 0.27-
-
AKAM, Cusip: 00971T101, MS Rating: EQWEIGHT, S & P Rank: 2
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 5 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
ALERE INC COM 274.00
13,842.86
50.52 48.15 13,193.10 -649.76 0.24-
-
ALR, Cusip: 01449J105
ALEXION PHARM INC 590.00
103,883.66
176.07 156.39 92,270.10 -11,613.56 1.66-
-
ALXN, Cusip: 015351109, MS Rating: EQWEIGHT, S & P Rank: 1
ALIGN TECHNOLOGY 172.00
10,752.38
62.51 56.76 9,762.72 -989.66 0.18-
-
ALGN, Cusip: 016255101, MS Rating: OVWEIGHT, S & P Rank: 2
ALLEGION PUB LTD CO 207.00
12,687.68
61.29 57.66 11,935.62 -752.06 0.220.69
0.65
ALLE, Cusip: G0176J109, Div$: 0.40, S & P Rank: 1
ALLIANCE DATA SYSTEMS CORP 60.00
16,887.86
281.46 258.98 15,538.80 -1,349.06 0.28-
-
ADS, Cusip: 018581108, S & P Rank: 1
ALNYLAM PHARMACEUTICALS INC 51.00
6,088.80
119.39 80.36 4,098.36 -1,990.44 0.07-
-
ALNY, Cusip: 02043Q107, MS Rating: DC, S & P Rank: 1
AMAZON COM INC 175.00
60,201.76
344.01 511.89 89,580.75 29,378.99 1.61-
-
AMZN, Cusip: 023135106, MS Rating: OVWEIGHT, S & P Rank: 1
AMBARELLA INC 79.00
8,488.20
107.45 57.79 4,565.41 -3,922.79 0.08-
-
AMBA, Cusip: G037AX101, MS Rating: EQWEIGHT
AMDOCS LIMITED ORD 699.00
33,157.96
47.44 56.88 39,877.95 6,601.16 0.721.19
1.43
DOX, Cusip: G02602103, Div$: 0.68, S & P Rank: 1
AMERICAN EXPRESS CO 658.00
55,261.01
83.98 74.13 48,777.54 -6,483.47 0.881.56
1.38
AXP, Cusip: 025816109, Div$: 1.16, MS Rating: OVWEIGHT, S & P Rank: 2
ANADARKO PETE 493.00
43,018.33
87.26 60.39 29,772.27 -13,246.06 0.541.78
1.23
APC, Cusip: 032511107, Div$: 1.08, MS Rating: OVWEIGHT, S & P Rank: 2
ARAMARK HOLDINGS CORPORATION 311.00
10,004.26
32.17 29.64 9,218.04 -786.22 0.171.16
1.07
ARMK, Cusip: 03852U106, Div$: 0.34, MS Rating: EQWEIGHT
ASTRAZENECA PLC ADS 1,076.00 33.82 31.82 34,238.32 -2,156.47 0.624.33
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 6 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
36,394.79 4.07
AZN, Cusip: 046353108, Div$: 1.38, S & P Rank: 1
ATHENAHEALTH INC COM 152.00
19,477.54
128.14 133.35 20,269.20 791.66 0.37-
-
ATHN, Cusip: 04685W103, MS Rating: OVWEIGHT
AVAGO TECH 57.00
7,646.04
134.14 125.01 7,125.57 -520.47 0.131.34
1.25
AVGO, Cusip: Y0486S104, Div$: 1.68, MS Rating: OVWEIGHT, S & P Rank: 1
AXALTA COATING SYSTEMS LTD.458.00
12,561.20
27.43 25.34 11,605.72 -955.48 0.21-
-
AXTA, Cusip: G0750C108
BAKER HUGHES INC 560.00
35,801.30
63.93 52.04 29,142.40 -6,658.90 0.531.30
1.06
BHI, Cusip: 057224107, Div$: 0.68, MS Rating: OVWEIGHT, S & P Rank: 2
BAXALTA INC COM 1,140.00
36,352.07
31.89 31.51 36,001.20 -430.67 0.650.88
0.87
BXLT, Cusip: 07177M103, Div$: 0.28, MS Rating: NAV
BB & T CORP 1,349.00
50,098.05
37.14 35.60 48,024.40 -2,073.65 0.863.03
2.91
BBT, Cusip: 054937107, Div$: 1.08, MS Rating: EQWEIGHT, S & P Rank: 1
BEACON ROOFING SUPPLY INC 465.00
12,502.55
26.89 32.49 15,107.85 2,605.30 0.27-
-
BECN, Cusip: 073685109
BIOGEN INC COM 381.00
117,320.20
307.93 291.81 111,179.61 -6,140.59 2.00-
-
BIIB, Cusip: 09062X103, MS Rating: OVWEIGHT, S & P Rank: 1
BIOMARIN PHARMAC SE 105.00
10,326.51
98.35 105.32 11,058.60 732.09 0.20-
-
BMRN, Cusip: 09061G101, S & P Rank: 1
BIO-TECHNE CORP 127.00
11,653.31
91.76 92.46 11,742.42 89.11 0.211.38
1.39
TECH, Cusip: 09073M104, Div$: 1.28
BLACKBAUD INC 15.00
832.08
55.47 56.12 841.80 9.72 0.020.85
0.86
BLKB, Cusip: 09227Q100, Div$: 0.48
BRISTOL MYERS SQUIBB CO 1,488.00
87,607.86
58.88 59.20 88,640.16 481.74 1.602.50
2.51
BMY, Cusip: 110122108, Div$: 1.48, MS Rating: OVWEIGHT, S & P Rank: 2
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 7 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
BUILDERS FIRSTSOURCE INC 54.00
802.48
14.86 12.68 684.72 -117.76 0.01-
-
BLDR, Cusip: 12008R107
CABOT MICROELECTRONICS CORP 249.00
11,022.88
44.27 38.74 9,646.26 -1,376.62 0.17-
-
CCMP, Cusip: 12709P103
CAPITAL ONE FINANCIAL CORP 668.00
52,415.88
78.47 72.52 48,443.36 -3,972.52 0.872.20
2.03
COF, Cusip: 14040H105, Div$: 1.60, MS Rating: OVWEIGHT, S & P Rank: 1
CARLISLE CO INC 186.00
16,623.44
89.37 87.38 16,252.68 -370.76 0.291.37
1.34
CSL, Cusip: 142339100, Div$: 1.20, S & P Rank: 1
CASS INFO SYS INC 153.00
7,261.36
47.46 49.13 7,516.89 255.53 0.141.70
1.76
CASS, Cusip: 14808P109, Div$: 0.84
CBRE GROUP INC 430.00
16,223.22
37.73 32.00 13,760.00 -2,463.22 0.25-
-
CBG, Cusip: 12504L109, S & P Rank: 2
CELGENE CORP 640.00
71,360.83
111.50 108.17 69,228.80 -2,132.03 1.25-
-
CELG, Cusip: 151020104, MS Rating: EQWEIGHT, S & P Rank: 1
CEPHEID INC 454.00
24,766.43
54.55 45.20 20,520.80 -4,245.63 0.37-
-
CPHD, Cusip: 15670R107
CHANNELADVISOR CORP COM 225.00
4,280.23
19.02 9.94 2,236.50 -2,043.73 0.04-
-
ECOM, Cusip: 159179100
CHEESE CAKE FACTORY INC 185.00
9,310.32
50.33 53.96 9,982.60 672.28 0.181.48
1.59
CAKE, Cusip: 163072101, Div$: 0.80, MS Rating: EQWEIGHT, S & P Rank: 3
CHEMED CORPORATION 115.00
11,731.22
102.01 133.47 15,349.05 3,617.83 0.280.71
0.93
CHE, Cusip: 16359R103, Div$: 0.96
CHIPOTLE MEXICAN GRILL INC COM 15.00
10,556.82
703.79 720.25 10,803.75 246.93 0.19-
-
CMG, Cusip: 169656105, MS Rating: OVWEIGHT, S & P Rank: 2
CINEMARK HOLDINGS INC.364.00 39.31 32.49 11,826.36 -2,483.41 0.213.07
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 8 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
14,309.77 2.54
CNK, Cusip: 17243V102, Div$: 1.00, MS Rating: EQWEIGHT
CITIGROUP INC NEW 986.00
50,026.69
50.74 49.61 48,915.46 -1,111.23 0.880.40
0.39
C, Cusip: 172967424, Div$: 0.20, MS Rating: OVWEIGHT, S & P Rank: 1
CITIZENS FINANCIAL GROUP INC 1,249.00
28,971.17
23.20 23.86 29,801.14 829.97 0.541.67
1.72
CFG, Cusip: 174610105, Div$: 0.40, MS Rating: OVWEIGHT
COCA COLA CO 1,302.00
53,229.07
40.88 40.12 52,665.90 -992.83 0.953.29
3.23
KO, Cusip: 191216100, Div$: 1.32, MS Rating: OVWEIGHT, S & P Rank: 2
COGNEX CORP 194.00
8,927.09
46.02 34.37 6,667.78 -2,259.31 0.120.81
0.61
CGNX, Cusip: 192422103, Div$: 0.28, S & P Rank: 1
COGNIZANT TECH SOLUTIONS CL A 1,282.00
69,289.08
54.05 62.61 80,266.02 10,976.94 1.45-
-
CTSH, Cusip: 192446102, MS Rating: OVWEIGHT, S & P Rank: 2
COLUMBIA SPORTSWEAR CO 160.00
9,489.99
59.31 58.79 9,406.40 -83.59 0.171.02
1.01
COLM, Cusip: 198516106, Div$: 0.60, MS Rating: UNWEIGHT
COMMUNITY HLTH SYS INC NEW 155.00
8,206.90
52.95 42.77 6,629.35 -1,577.55 0.12-
-
CYH, Cusip: 203668108, MS Rating: EQWEIGHT, S & P Rank: 1
CONSTELLATION BRANDS INC CL A 148.00
15,430.06
104.26 125.21 18,531.08 3,101.02 0.330.99
1.19
STZ, Cusip: 21036P108, Div$: 1.24, MS Rating: OVWEIGHT, S & P Rank: 1
COSTAR GROUP INC 185.00
32,351.08
174.87 173.06 32,016.10 -334.98 0.58-
-
CSGP, Cusip: 22160N109, MS Rating: DC
CVENT INC COM 320.00
8,529.72
26.66 33.66 10,771.20 2,241.48 0.19-
-
CVT, Cusip: 23247G109, MS Rating: UNWEIGHT
CVS HEALTH CORP COM 1,077.00
102,613.61
95.28 96.48 103,908.96 1,295.35 1.871.45
1.47
CVS, Cusip: 126650100, Div$: 1.40, MS Rating: OVWEIGHT, S & P Rank: 1
CYBERARK SOFTWARE LTD SHS 80.00
4,006.67
50.08 50.14 4,011.20 4.53 0.07-
-
CYBR, Cusip: M2682V108
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 9 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
DAVE & BUSTERS ENTMT INC COM 272.00
9,580.37
35.22 37.83 10,289.76 709.39 0.19-
-
PLAY, Cusip: 238337109
DELPHI AUTOMOTIVE PLC 190.00
14,981.96
78.85 76.04 14,447.60 -534.36 0.261.31
1.26
DLPH, Cusip: G27823106, Div$: 1.00, MS Rating: OVWEIGHT, S & P Rank: 2
DELTA AIR LINES INC NEW 237.00
10,043.94
42.38 44.87 10,634.19 590.25 0.191.20
1.27
DAL, Cusip: 247361702, Div$: 0.54, MS Rating: OVWEIGHT, S & P Rank: 1
DEXCOM INC 475.00
46,559.74
98.02 85.86 40,783.50 -5,776.24 0.73-
-
DXCM, Cusip: 252131107
DIAMONDBACK ENERGY INC 86.00
6,659.15
77.43 64.60 5,555.60 -1,103.55 0.10-
-
FANG, Cusip: 25278X109, MS Rating: OVWEIGHT
DIGI INTL INC 537.00
4,495.81
8.37 11.79 6,331.23 1,835.42 0.11-
-
DGII, Cusip: 253798102
DORMAN PRODUCTS, INC 257.00
12,122.62
47.17 50.89 13,078.73 956.11 0.24-
-
DORM, Cusip: 258278100
DOW CHEMICAL CO 760.00
37,500.83
49.34 42.40 32,543.20 -5,276.83 0.593.96
3.40
DOW, Cusip: 260543103, Div$: 1.68, MS Rating: EQWEIGHT, S & P Rank: 1
EBAY INC 660.00
16,107.10
24.41 24.44 16,130.40 23.30 0.29-
-
EBAY, Cusip: 278642103, MS Rating: EQWEIGHT, S & P Rank: 2
ECHO GLOBAL LOGISTICS INC 303.00
7,848.17
25.90 19.60 5,938.80 -1,909.37 0.11-
-
ECHO, Cusip: 27875T101, MS Rating: OVWEIGHT
EDWARD LIFESCIENCES CORP 90.00
13,609.88
151.22 142.17 12,795.30 -814.58 0.23-
-
EW, Cusip: 28176E108, MS Rating: OVWEIGHT, S & P Rank: 2
ELECTRONIC ARTS INC 210.00
14,676.90
69.89 67.75 14,227.50 -449.40 0.26-
-
EA, Cusip: 285512109, MS Rating: DC, S & P Rank: 2
EMC CORP MASS 1,838.00 26.76 24.16 44,617.45 -4,782.22 0.801.90
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 10 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
49,188.30 1.72
EMC, Cusip: 268648102, Div$: 0.46, MS Rating: EQWEIGHT, S & P Rank: 1
ENDO INTL PLC 145.00
12,977.11
89.50 69.28 10,045.60 -2,931.51 0.18-
-
ENDP, Cusip: G30401106, MS Rating: EQWEIGHT, S & P Rank: 2
ENVISION HEALTHCARE HLDGS INC 286.00
10,238.46
35.80 36.79 10,521.94 283.48 0.19-
-
EVHC, Cusip: 29413U103, MS Rating: EQWEIGHT
EOG RESOURCES INC 457.00
41,790.13
91.44 72.80 33,269.60 -8,520.53 0.600.92
0.73
EOG, Cusip: 26875P101, Div$: 0.67, MS Rating: EQWEIGHT, S & P Rank: 1
EPAM SYSTEMS 116.00
7,989.58
68.88 74.52 8,644.32 654.74 0.16-
-
EPAM, Cusip: 29414B104
EXAMWORKS GROUP INC 370.00
13,934.79
37.66 29.24 10,818.80 -3,115.99 0.20-
-
EXAM, Cusip: 30066A105
FACEBOOK INC CL-A 1,062.00
85,294.58
80.32 89.90 95,473.80 10,179.22 1.72-
-
FB, Cusip: 30303M102, MS Rating: OVWEIGHT, S & P Rank: 1
FINANCIAL ENGINES 351.00
13,047.01
37.17 29.47 10,368.54 -2,703.04 0.190.95
0.75
FNGN, Cusip: 317485100, Div$: 0.28
FITBIT INC CL A 1,243.00
53,780.38
43.27 37.69 46,848.67 -6,931.71 0.84-
-
FIT, Cusip: 33812L102, MS Rating: OVWEIGHT, S & P Rank: 2
FIVE BELOW 295.00
10,679.05
36.20 33.58 9,906.10 -772.95 0.18-
-
FIVE, Cusip: 33829M101, MS Rating: EQWEIGHT, S & P Rank: 1
FLEETMATICS GROUP PLC 19.00
848.83
44.68 49.09 932.71 83.88 0.02-
-
FLTX, Cusip: G35569105
FORD MOTOR CO NEW 3,571.00
55,071.43
15.42 13.57 48,458.47 -6,612.96 0.874.42
3.89
F, Cusip: 345370860, Div$: 0.60, MS Rating: UNWEIGHT, S & P Rank: 1
FORWARD AIR CORP 135.00
6,311.15
46.75 41.49 5,601.15 -710.00 0.101.15
1.02
FWRD, Cusip: 349853101, Div$: 0.48, MS Rating: EQWEIGHT, S & P Rank: 2
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 11 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
GENTEX CORP 828.00
13,648.30
16.48 15.50 12,834.00 -814.30 0.232.19
2.06
GNTX, Cusip: 371901109, Div$: 0.34, S & P Rank: 1
GOOGLE INC-CL A 77.00
42,262.89
548.87 638.37 49,154.49 6,891.60 0.89-
-
GOOGL, Cusip: 38259P508, MS Rating: OVWEIGHT, S & P Rank: 2
GRAND CANYON ED INC COM 497.00
21,443.66
43.15 37.99 18,881.03 -2,562.63 0.34-
-
LOPE, Cusip: 38526M106
HARMAN INTL INDS NEW 85.00
10,779.64
126.82 95.99 8,159.15 -2,620.49 0.151.45
1.10
HAR, Cusip: 413086109, Div$: 1.40, MS Rating: UNWEIGHT, S & P Rank: 1
HD SUPPLY HOLDINGS 356.00
12,648.59
35.53 28.62 10,188.72 -2,459.87 0.18-
-
HDS, Cusip: 40416M105, MS Rating: EQWEIGHT
HEALTHSTREAM INC 213.00
5,820.86
27.33 21.81 4,645.53 -1,175.33 0.08-
-
HSTM, Cusip: 42222N103
HEICO CORP NEW 155.00
8,828.02
56.96 48.88 7,576.40 -1,251.62 0.140.28
0.24
HEI, Cusip: 422806109, Div$: 0.14, S & P Rank: 2
HILTON WORLDWIDE HOLDINGS INC 601.00
17,294.27
28.78 22.94 13,786.94 -3,507.33 0.251.22
0.97
HLT, Cusip: 43300A104, Div$: 0.28, MS Rating: OVWEIGHT
HLTH CARE SVC GRP 479.00
14,945.18
31.20 33.70 16,142.30 1,197.12 0.292.12
2.29
HCSG, Cusip: 421906108, Div$: 0.72
HONEYWELL INTERNATIONAL INC 335.00
31,181.21
93.08 94.69 31,721.15 539.94 0.572.18
2.22
HON, Cusip: 438516106, Div$: 2.07, MS Rating: OVWEIGHT, S & P Rank: 2
HOST HOTEL & RESORTS INC 1,813.00
36,042.62
19.88 15.81 29,026.13 -7,379.09 0.525.06
4.02
HST, Cusip: 44107P104, Div$: 0.80, MS Rating: EQWEIGHT, S & P Rank: 2
HUNTINGTON INGALLS INDUSTRIES 71.00
9,368.19
131.95 107.15 7,607.65 -1,760.54 0.141.49
1.21
HII, Cusip: 446413106, Div$: 1.60, MS Rating: DC
ILLUMINA INC 465.00 189.42 175.82 81,756.30 -6,323.11 1.47-
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 12 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
88,079.41 -
ILMN, Cusip: 452327109, MS Rating: EQWEIGHT, S & P Rank: 1
INCYTE CORP 100.00
10,932.58
109.33 110.33 11,033.00 100.42 0.20-
-
INCY, Cusip: 45337C102, MS Rating: DC
INNERWORKINGS INC 530.00
3,931.83
7.42 6.25 3,312.50 -619.33 0.06-
-
INWK, Cusip: 45773Y105, MS Rating: DC
INTERCEPT PHARMACEUTICALS INC 249.00
63,829.60
256.34 165.86 41,299.14 -22,530.46 0.74-
-
ICPT, Cusip: 45845P108, MS Rating: UNWEIGHT
INTERCONTINENTALEXCHANGE GROUP 313.00
73,912.29
236.14 234.99 73,551.87 -360.42 1.321.27
1.26
ICE, Cusip: 45866F104, Div$: 3.00, S & P Rank: 1
IPC HEALTHCARE INC COM 148.00
6,620.56
44.73 77.69 11,498.12 4,877.56 0.21-
-
IPCM, Cusip: 44984A105
JARDEN CORP 293.00
15,707.57
53.61 48.88 14,321.84 -1,385.73 0.26-
-
JAH, Cusip: 471109108
KROGER CO 296.00
10,973.57
37.07 36.07 10,676.72 -296.85 0.191.16
1.13
KR, Cusip: 501044101, Div$: 0.42, MS Rating: OVWEIGHT, S & P Rank: 1
LIBERTY GLOBAL PLC CL C NEW 205.00
9,299.82
45.37 41.02 8,409.10 -890.72 0.15-
-
LBTYK, Cusip: G5480U120, MS Rating: DC
LINKEDIN CORP-A 589.00
126,251.44
214.35 190.13 111,986.57 -14,264.87 2.02-
-
LNKD, Cusip: 53578A108, MS Rating: OVWEIGHT
LITHIA MOTORS INC A 92.00
9,007.73
97.91 108.11 9,946.12 938.39 0.180.73
0.81
LAD, Cusip: 536797103, Div$: 0.80, MS Rating: OVWEIGHT, S & P Rank: 1
LULULEMON ATHLETICA INC 169.00
10,917.33
64.60 50.65 8,559.85 -2,357.48 0.15-
-
LULU, Cusip: 550021109, MS Rating: OVWEIGHT
MALLINCKRODT PUBLIC LTD CO 374.00
36,804.22
98.41 63.94 23,913.56 -12,890.66 0.43-
-
MNK, Cusip: G5785G107, MS Rating: EQWEIGHT, S & P Rank: 1
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 13 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
MANPOWERGROUP INC COM 411.00
28,219.13
68.66 81.89 33,656.79 5,437.66 0.611.95
2.33
MAN, Cusip: 56418H100, Div$: 1.60, MS Rating: DC, S & P Rank: 2
MAXIMUS INC 280.00
14,439.24
51.57 59.56 16,676.80 2,237.56 0.300.30
0.35
MMS, Cusip: 577933104, Div$: 0.18
MC DONALDS CORP 552.00
51,197.06
92.75 98.53 54,388.56 3,191.50 0.983.45
3.67
MCD, Cusip: 580135101, Div$: 3.40, MS Rating: EQWEIGHT, S & P Rank: 3
MCGRAW HILL FINANCIAL INC COM 214.00
20,023.29
93.57 86.50 18,511.00 -1,512.29 0.331.52
1.41
MHFI, Cusip: 580645109, Div$: 1.32, MS Rating: EQWEIGHT
MEDIVATION INC -
-
-42.50 0.00 ---
-
MDVN, Cusip: 58501N101
MEDNAX INC 200.00
12,279.00
61.40 76.79 15,358.00 3,079.00 0.28-
-
MD, Cusip: 58502B106
MENS WEARHOUSE INC 191.00
11,319.48
59.26 42.52 8,121.32 -3,198.16 0.151.69
1.21
MW, Cusip: 587118100, Div$: 0.72, S & P Rank: 1
MERCADOLIBRE INC 647.00
81,126.57
125.39 91.06 58,982.46 -22,210.75 1.060.45
0.33
MELI, Cusip: 58733R102, Div$: 0.41, MS Rating: UNWEIGHT
METLIFE INCORPORATED 1,028.00
53,518.72
52.06 47.15 48,470.20 -5,048.52 0.873.18
2.88
MET, Cusip: 59156R108, Div$: 1.50, MS Rating: OVWEIGHT, S & P Rank: 1
MGM RESORTS INTERNATIONAL 2,481.00
56,799.33
22.89 18.45 45,774.45 -11,024.88 0.82-
-
MGM, Cusip: 552953101, MS Rating: OVWEIGHT, S & P Rank: 2
MICHAELS COS INC COM -
-
-23.10 0.00 ---
-
MIK, Cusip: 59408Q106, MS Rating: OVWEIGHT
MOBILE MINI INC 233.00
8,977.12
38.53 30.79 7,174.07 -1,803.05 0.132.42
1.93
MINI, Cusip: 60740F105, Div$: 0.75
MOBILEYE N.V.1,692.00 48.12 45.48 76,952.16 -4,461.07 1.39-
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 14 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
81,413.23 -
MBLY, Cusip: N51488117, MS Rating: OVWEIGHT
MONSANTO CO/NEW 299.00
33,997.00
113.70 85.34 25,516.66 -8,480.34 0.462.53
1.90
MON, Cusip: 61166W101, Div$: 2.16, MS Rating: OVWEIGHT, S & P Rank: 1
MONSTER BEVERAGE CORP NEW COM 731.00
97,766.22
133.74 135.14 98,787.34 1,021.12 1.78-
-
MNST, Cusip: 61174X109, MS Rating: OVWEIGHT, S & P Rank: 1
NATL INSTRUMS CP 564.00
16,759.63
29.72 27.79 15,673.56 -1,086.07 0.282.73
2.55
NATI, Cusip: 636518102, Div$: 0.76, S & P Rank: 2
NEOGEN CP 258.00
11,430.90
44.31 44.99 11,607.42 176.52 0.21-
-
NEOG, Cusip: 640491106
NIELSEN HLDGS PLC -
-
-44.47 0.00 --2.51
-
NLSN, Cusip: G6518L108, Div$: 1.12, MS Rating: OVWEIGHT, S & P Rank: 2
NIKE INC B 798.00
76,766.12
96.20 122.97 98,353.50 21,363.94 1.770.91
1.16
NKE, Cusip: 654106103, Div$: 1.12, MS Rating: OVWEIGHT, S & P Rank: 1
NOODLES & COMPANY CLASS A 360.00
9,663.07
26.84 14.16 5,097.60 -4,565.47 0.09-
-
NDLS, Cusip: 65540B105, MS Rating: EQWEIGHT
NORFOLK SOUTHERN CORP 214.00
16,055.99
75.03 76.40 16,349.60 293.61 0.293.08
3.14
NSC, Cusip: 655844108, Div$: 2.36, MS Rating: OVWEIGHT, S & P Rank: 2
NORWEGIAN CRUISE LINE HLDS INC 177.00
10,058.77
56.83 57.30 10,142.10 83.33 0.18-
-
NCLH, Cusip: G66721104
NOVADAQ TECH INC 400.00
5,743.46
14.36 10.43 4,172.00 -1,571.46 0.08-
-
NVDQ, Cusip: 66987G102
NOVO NORDISK A/S ADR 1,173.00
65,399.53
55.75 54.24 63,623.52 -1,776.01 1.150.98
0.95
NVO, Cusip: 670100205, Div$: 0.53
OLD DOMINION FREIGHT LINE 165.00
11,657.63
70.65 61.00 10,065.00 -1,592.63 0.18-
-
ODFL, Cusip: 679580100, MS Rating: OVWEIGHT, S & P Rank: 1
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 15 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
ORACLE CORP 1,294.00
52,902.74
40.88 36.12 46,739.28 -6,163.46 0.841.66
1.47
ORCL, Cusip: 68389X105, Div$: 0.60, MS Rating: OVWEIGHT, S & P Rank: 2
O'REILLY AUTOMOTIVE INC NEW 12.00
2,978.48
248.21 250.00 3,000.00 21.52 0.05-
-
ORLY, Cusip: 67103H107, MS Rating: OVWEIGHT, S & P Rank: 2
PALO ALTO NETWORKS INC 64.00
8,730.26
136.41 172.00 11,008.00 2,277.74 0.20-
-
PANW, Cusip: 697435105, MS Rating: OVWEIGHT
PAYCOM SOFTWARE INC 110.00
3,811.50
34.65 35.91 3,950.10 138.60 0.07-
-
PAYC, Cusip: 70432V102
PEGASYSTEMS INC 456.00
8,905.36
19.53 24.61 11,235.84 2,316.80 0.200.48
0.61
PEGA, Cusip: 705573103, Div$: 0.12
POWER INTEGRATIONS INC 195.00
9,657.84
49.53 42.17 8,223.15 -1,434.69 0.151.13
0.96
POWI, Cusip: 739276103, Div$: 0.48
PRA GROUP INC 276.00
15,764.32
57.12 52.92 14,605.92 -1,158.40 0.26-
-
PRAA, Cusip: 69354N106, S & P Rank: 1
PRICELINE GRP INC COM NEW 64.00
72,918.60
1,139.35 1,236.86 79,159.04 6,240.44 1.43-
-
PCLN, Cusip: 741503403, MS Rating: EQWEIGHT, S & P Rank: 2
PROS HLDG INC 451.00
9,971.96
22.11 22.14 9,985.14 13.18 0.18-
-
PRO, Cusip: 74346Y103
PROTO LABS 235.00
15,517.13
66.03 67.00 15,745.00 227.87 0.28-
-
PRLB, Cusip: 743713109, MS Rating: DC
QUALCOMM INC 920.00
62,029.18
67.42 53.73 49,431.60 -12,597.58 0.893.57
2.85
QCOM, Cusip: 747525103, Div$: 1.92, MS Rating: OVWEIGHT, S & P Rank: 1
RAYMOND JAMES FINCL INC 188.00
10,345.58
55.03 49.63 9,364.28 -1,015.14 0.171.45
1.31
RJF, Cusip: 754730109, Div$: 0.72, S & P Rank: 1
REGIONS FINANCIAL CORP NEW 3,397.00 10.02 9.01 30,810.79 -3,440.75 0.562.66
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 16 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
34,047.72 2.39
RF, Cusip: 7591EP100, Div$: 0.24, MS Rating: OVWEIGHT, S & P Rank: 1
RITCHIE BROTHERS AUCTIONEERS 554.00
14,252.42
25.73 25.88 14,337.52 85.10 0.262.47
2.49
RBA, Cusip: 767744105, Div$: 0.64
ROLLINS INC 330.00
7,148.21
21.66 26.87 8,867.10 1,718.89 0.161.19
1.48
ROL, Cusip: 775711104, Div$: 0.32
SBA COMMUNICATIONS CORP 196.00
22,010.78
112.30 104.74 20,529.04 -1,481.74 0.37-
-
SBAC, Cusip: 78388J106, MS Rating: OVWEIGHT, S & P Rank: 1
SCIQUEST INC NEW COM 539.00
8,529.93
15.83 10.00 5,390.00 -3,139.93 0.10-
-
SQI, Cusip: 80908T101
SEI INVESTMENTS CO 290.00
11,561.63
39.87 48.23 13,986.70 2,425.07 0.250.99
1.20
SEIC, Cusip: 784117103, Div$: 0.48
SERVICEMASTER GLOBAL HLDGS INC 530.00
16,696.39
31.50 33.55 17,781.50 1,085.11 0.32-
-
SERV, Cusip: 81761R109, MS Rating: OVWEIGHT
SERVICENOW INC 1,284.00
96,197.52
74.92 69.45 89,173.80 -7,023.72 1.61-
-
NOW, Cusip: 81762P102, MS Rating: OVWEIGHT
SKYWORKS SOLUTIONS INC 528.00
46,294.86
87.68 84.21 44,462.88 -1,831.98 0.801.23
1.18
SWKS, Cusip: 83088M102, Div$: 1.04, MS Rating: DC, S & P Rank: 2
SPLUNK INC 1,376.00
86,739.01
63.04 55.35 76,161.60 -10,577.41 1.37-
-
SPLK, Cusip: 848637104, MS Rating: OVWEIGHT
SPS COMMERCE INC COM 223.00
12,137.18
54.43 67.89 15,139.47 3,002.29 0.27-
-
SPSC, Cusip: 78463M107
STRATASYS LTD SHS 379.00
12,835.47
33.87 26.49 10,039.71 -2,795.76 0.18-
-
SSYS, Cusip: M85548101, MS Rating: DC, S & P Rank: 2
SYNCHRONY FINANCIAL 1,126.00
26,514.34
23.55 31.30 35,243.80 8,729.46 0.63-
-
SYF, Cusip: 87165B103, MS Rating: OVWEIGHT
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 17 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
TABLEAU SOFTWARE INC CL-A 126.00
12,252.60
97.24 79.78 10,052.28 -2,200.32 0.18-
-
DATA, Cusip: 87336U105, MS Rating: OVWEIGHT
TASER INTL INC 396.00
10,123.15
25.56 22.03 8,721.90 -1,401.23 0.16-
-
TASR, Cusip: 87651B104
TESLA MOTORS INC 297.00
70,245.17
236.52 248.40 73,774.80 3,529.63 1.33-
-
TSLA, Cusip: 88160R101, MS Rating: OVWEIGHT, S & P Rank: 3
THE ADVISORY BOARD CO 337.00
16,511.18
49.00 45.54 15,346.98 -1,164.20 0.28-
-
ABCO, Cusip: 00762W107, MS Rating: DC
TILE SHOP HLDGS INC COM 545.00
4,803.87
8.81 11.98 6,529.10 1,725.23 0.12-
-
TTS, Cusip: 88677Q109
TRACTOR SUPPLY CO -
-
-84.32 0.00 --0.94
-
TSCO, Cusip: 892356106, Div$: 0.80, MS Rating: EQWEIGHT, S & P Rank: 2
TYSON FOODS INC CL A 810.00
35,907.62
44.33 43.10 34,911.00 -996.62 0.630.92
0.89
TSN, Cusip: 902494103, Div$: 0.40, MS Rating: DC, S & P Rank: 1
ULTA SALON COS & FRAGR INC 56.00
9,442.53
168.62 163.35 9,147.60 -294.93 0.17-
-
ULTA, Cusip: 90384S303, MS Rating: EQWEIGHT
ULTIMATE SOFTWARE GP INC 155.00
21,987.38
141.85 179.01 27,746.55 5,759.17 0.50-
-
ULTI, Cusip: 90385D107, S & P Rank: 2
UNDER ARMOUR INC CL A 102.00
8,427.17
82.62 96.78 9,871.56 1,444.39 0.18-
-
UA, Cusip: 904311107, MS Rating: EQWEIGHT, S & P Rank: 1
UNITED NATURAL FOODS INC 243.00
17,757.31
73.08 48.51 11,787.93 -5,969.38 0.21-
-
UNFI, Cusip: 911163103, MS Rating: EQWEIGHT, S & P Rank: 1
UNITED PARCEL SER INC CL-B 538.00
54,884.65
102.02 98.69 53,095.22 -1,789.43 0.962.95
2.85
UPS, Cusip: 911312106, Div$: 2.92, MS Rating: EQWEIGHT, S & P Rank: 1
UNIVERSAL HEALTH SERVICES B 271.00 107.12 124.81 33,823.51 4,793.23 0.610.32
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 18 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
29,030.28 0.37
UHS, Cusip: 913903100, Div$: 0.40, MS Rating: DC, S & P Rank: 2
VAIL RESORTS 86.00
8,998.07
104.63 104.68 9,002.48 4.41 0.162.37
2.37
MTN, Cusip: 91879Q109, Div$: 2.49, S & P Rank: 1
VANTIV INC CL-A 277.00
9,773.29
35.28 44.92 12,442.84 2,669.55 0.22-
-
VNTV, Cusip: 92210H105, MS Rating: OVWEIGHT
VCA ANTECH INC 214.00
11,248.74
52.56 52.65 11,267.10 18.36 0.20-
-
WOOF, Cusip: 918194101
VERINT SYSTEMS INC 260.00
14,596.23
56.14 43.15 11,219.00 -3,377.23 0.20-
-
VRNT, Cusip: 92343X100
VERISK ANALYTICS INC COM 198.00
13,597.02
68.67 73.91 14,634.18 1,037.16 0.26-
-
VRSK, Cusip: 92345Y106, MS Rating: OVWEIGHT
VERIZON COMMUNICATIONS 1,061.00
51,232.30
48.29 43.51 46,164.11 -5,068.19 0.835.19
4.68
VZ, Cusip: 92343V104, Div$: 2.26, MS Rating: OVWEIGHT, S & P Rank: 2
VERTEX PHARMACEUTICALS 831.00
93,401.43
112.40 104.14 86,540.34 -6,861.09 1.56-
-
VRTX, Cusip: 92532F100, MS Rating: EQWEIGHT, S & P Rank: 1
VISA INC CL A 1,179.00
76,877.70
65.21 69.66 82,129.14 5,251.44 1.480.68
0.73
V, Cusip: 92826C839, Div$: 0.48, MS Rating: OVWEIGHT, S & P Rank: 2
VULCAN MATERIALS CO 103.00
7,944.95
77.14 89.20 9,187.60 1,242.65 0.170.44
0.51
VMC, Cusip: 929160109, Div$: 0.40, S & P Rank: 1
WABCO HLDGS INC 70.00
9,011.90
128.74 104.83 7,338.10 -1,673.80 0.13-
-
WBC, Cusip: 92927K102, MS Rating: EQWEIGHT
WABTEC 174.00
14,842.02
85.30 88.05 15,320.70 478.68 0.280.36
0.37
WAB, Cusip: 929740108, Div$: 0.32
WILLIS GROUP HOLDINGS PLC 708.00
30,057.63
42.45 40.97 29,226.24 -1,050.87 0.533.02
2.91
WSH, Cusip: G96666105, Div$: 1.24, MS Rating: OVWEIGHT, S & P Rank: 2
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 19 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
STOCK / OPTIONS (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
WORKDAY INC CL A 139.00
11,913.02
85.71 68.86 9,571.54 -2,341.48 0.17-
-
WDAY, Cusip: 98138H101, MS Rating: EQWEIGHT
ZAYO GROUP HOLDINGS,INC.476.00
12,523.86
26.31 25.36 12,071.36 -452.50 0.22-
-
ZAYO, Cusip: 98919V105, MS Rating: OVWEIGHT
ZELTIQ AESTHETICS INC COM 299.00
9,830.74
32.88 32.03 9,576.97 -253.77 0.17-
-
ZLTQ, Cusip: 98933Q108
ZOETIS INC CLASS-A 359.00
16,487.35
45.93 41.18 14,783.62 -1,703.73 0.270.80
0.72
ZTS, Cusip: 98978V103, Div$: 0.33, MS Rating: EQWEIGHT, S & P Rank: 2
Stock / Options Total $5,154,701.37 $4,966,862.26 -$190,790.98 89.40%
CORPORATE FIXED INCOME
Security Description Price
Average Unit Cost /
Quantity
Unrealized Gain/Loss PortfolioTotal Value
% ofTotal Cost Yield on CostCurrent Yield /
ABBVIE INC 11,000.00
$10,725.49
$0.98 $97.43 $10,845.12 -$7.97 0.20%2.97
2.97
%
%
Cusip: 00287YAL3, Moody's Rating: BAA1, S & P Rating: A, Maturity Date: 11/6/2022, Coupon: 2.900, Accrued Interest: $127.600
ACTAVIS FUNDING SCS 9,000.00
8,918.37
0.99 98.31 8,948.96 -70.47 0.163.91
3.88
Cusip: 00507UAF8, Moody's Rating: BAA3, S & P Rating: BBB-, Maturity Date: 6/15/2024, Coupon: 3.850, Call Date: 3/15/2024, Call Price: 100.000, Accrued Interest: $101.062
AMAZON.COM INC 9,000.00
8,936.37
0.99 99.58 8,998.77 26.10 0.161.20
1.20
Cusip: 023135AH9, Moody's Rating: BAA1, S & P Rating: AA-, Maturity Date: 11/29/2017, Coupon: 1.200, Accrued Interest: $36.300
AMERICAN EXPRESS 8,000.00
8,935.07
1.12 112.35 9,005.11 52.93 0.166.23
6.27
Cusip: 025816AY5, Moody's Rating: A3, S & P Rating: BBB+, Maturity Date: 3/19/2018, Coupon: 7.000, Accrued Interest: $17.111
APPLE INC 10,000.00
9,862.40
0.99 96.92 9,789.80 -170.60 0.182.47
2.43
Cusip: 037833AK6, Moody's Rating: AA1, S & P Rating: AA+, Maturity Date: 5/3/2023, Coupon: 2.400, Accrued Interest: $98.000
AT&T INC 11,000.00
11,026.72
1.00 100.38 11,103.06 14.53 0.201.69
1.69
Cusip: 00206RBF8, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 6/1/2017, Coupon: 1.700, Accrued Interest: $61.814
BANK OF AMERICA CORP 14,000.00
14,203.98
1.02 104.54 14,744.54 431.48 0.273.94
4.06
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 20 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
CORPORATE FIXED INCOME (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
Cusip: 06051GFB0, Moody's Rating: BAA1, S & P Rating: A-, Maturity Date: 1/22/2024, Coupon: 4.125, Accrued Interest: $109.083
BB&T CORPORATION 9,000.00
9,083.15
1.01 101.32 9,123.01 35.56 0.162.12
2.13
Cusip: 05531FAK9, Moody's Rating: A2, S & P Rating: A-, Maturity Date: 3/22/2017, Coupon: 2.150, Call Date: 2/22/2017, Call Price: 100.000, Accrued Interest: $4.300
CATERPILLAR INC 9,000.00
9,620.03
1.07 107.71 9,813.92 73.96 0.183.62
3.65
Cusip: 149123BV2, Moody's Rating: A2, S & P Rating: A, Maturity Date: 5/27/2021, Coupon: 3.900, Accrued Interest: $119.925
CBS CORP 9,000.00
9,194.29
1.02 99.37 8,968.04 -250.72 0.163.39
3.30
Cusip: 124857AG8, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 3/1/2022, Coupon: 3.375, Call Date: 12/1/2021, Call Price: 100.000, Accrued Interest: $24.469
CITIGROUP INC 9,000.00
9,138.12
1.02 101.71 9,251.49 15.87 0.173.68
3.69
Cusip: 172967HT1, Moody's Rating: BAA1, S & P Rating: A-, Maturity Date: 6/16/2024, Coupon: 3.750, Accrued Interest: $97.500
DEVON ENERGY CORPORATION 9,000.00
9,013.52
1.00 96.03 8,752.03 -371.18 0.163.38
3.24
Cusip: 25179MAP8, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 5/15/2022, Coupon: 3.250, Call Date: 2/15/2022, Call Price: 100.000, Accrued Interest: $109.688
DIRECTV HOLDINGS/FING 9,000.00
9,594.17
1.07 102.58 9,431.61 -361.70 0.174.33
4.17
Cusip: 25459HBL8, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 4/1/2024, Coupon: 4.450, Call Date: 1/1/2024, Call Price: 100.000, Accrued Interest: $199.137
ENERGY TRANSFER PARTNERS 7,000.00
8,451.67
1.21 117.45 8,510.18 -230.24 0.157.66
7.45
Cusip: 29273RAM1, Moody's Rating: BAA3, S & P Rating: BBB-, Maturity Date: 4/15/2019, Coupon: 9.000, Accrued Interest: $288.750
EXXON MOBIL CORP 9,000.00
9,100.49
1.01 100.62 9,067.54 -44.42 0.161.90
1.89
Cusip: 30231GAG7, Moody's Rating: AAA, S & P Rating: AAA, Maturity Date: 3/6/2020, Coupon: 1.912, Call Date: 2/6/2020, Call Price: 100.000, Accrued Interest: $11.472
GOLDMAN SACHS GROUP INC 9,000.00
9,329.93
1.04 101.30 9,178.99 -212.57 0.173.57
3.49
Cusip: 38141GRD8, Moody's Rating: A3, S & P Rating: A-, Maturity Date: 1/22/2023, Coupon: 3.625, Accrued Interest: $61.625
INGERSOLL-RAND FIN I 8,000.00
8,953.50
1.12 114.60 9,236.75 214.50 0.175.99
6.13
Cusip: 45687AAA0, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 8/15/2018, Coupon: 6.875, Accrued Interest: $68.750
INTEL CORP 9,000.00
9,025.32
1.00 101.59 9,190.02 117.42 0.173.05
3.09
Cusip: 458140AR1, Moody's Rating: A1, S & P Rating: A+, Maturity Date: 7/29/2022, Coupon: 3.100, Accrued Interest: $47.275
JP MORGAN CHASE & CO 9,000.00
9,924.41
1.10 107.90 9,784.98 -213.68 0.184.17
4.08
Cusip: 46625HJD3, Moody's Rating: A3, S & P Rating: A, Maturity Date: 1/24/2022, Coupon: 4.500, Accrued Interest: $74.250
KIMCO REALTY CORP 9,000.00 1.00 97.05 8,827.83 -238.23 0.163.21
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 21 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
CORPORATE FIXED INCOME (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
8,973.09 3.13
Cusip: 49446RAK5, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 6/1/2023, Coupon: 3.125, Call Date: 3/1/2023, Call Price: 100.000, Accrued Interest: $92.969
KINDER MORGAN ENER PART 9,000.00
9,075.68
1.01 95.63 8,631.63 -469.43 0.163.66
3.47
Cusip: 494550BT2, Moody's Rating: BAA3, S & P Rating: BBB-, Maturity Date: 3/1/2021, Coupon: 3.500, Call Date: 1/1/2021, Call Price: 100.000, Accrued Interest: $25.375
KOHLS CORPORATION 9,000.00
8,540.01
0.95 96.80 8,759.58 171.63 0.163.35
3.42
Cusip: 500255AS3, Moody's Rating: BAA1, S & P Rating: BBB, Maturity Date: 2/1/2023, Coupon: 3.250, Call Date: 11/1/2022, Call Price: 100.000, Accrued Interest: $47.937
KRAFT FOODS INC 9,000.00
9,103.49
1.01 101.10 9,151.95 -4.13 0.174.07
4.07
Cusip: 50075NBB9, Moody's Rating: BAA1, S & P Rating: BBB, Maturity Date: 2/9/2016, Coupon: 4.125, Accrued Interest: $52.594
MIDAMERICAN ENERGY HLDGS 8,000.00
8,762.53
1.10 109.64 9,000.08 8.83 0.165.24
5.25
Cusip: 59562VAT4, Moody's Rating: A3, S & P Rating: BBB+, Maturity Date: 4/1/2018, Coupon: 5.750, Accrued Interest: $228.722
NOMURA HOLDINGS INC 9,000.00
9,010.15
1.00 100.50 9,053.50 34.85 0.161.99
2.00
Cusip: 65535HAD1, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 9/13/2016, Coupon: 2.000, Accrued Interest: $8.500
NORFOLK SOUTHERN CORP 9,000.00
9,125.19
1.01 101.36 9,230.21 -2.79 0.175.67
5.67
Cusip: 655844BB3, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 1/15/2016, Coupon: 5.750, Accrued Interest: $107.812
NORTHROP GRUMMAN CORP 9,000.00
8,866.08
0.99 99.69 9,024.34 106.20 0.161.75
1.77
Cusip: 666807BF8, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 6/1/2018, Coupon: 1.750, Accrued Interest: $52.062
ORACLE CORP 9,000.00
9,238.32
1.03 101.93 9,218.05 -64.80 0.172.33
2.31
Cusip: 68389XAQ8, Moody's Rating: A1, S & P Rating: AA-, Maturity Date: 1/15/2019, Coupon: 2.375, Accrued Interest: $44.531
PLAINS EXPLORATION & PRO 8,000.00
8,989.19
1.12 88.48 7,146.75 -1,911.19 0.137.77
6.12
Cusip: 726505AP5, Moody's Rating: BAA3, S & P Rating: BBB-, Maturity Date: 2/15/2023, Coupon: 6.875, Call Date: 2/15/2018, Call Price: 103.438, Accrued Interest: $68.750
PNC FUNDING CORP 9,000.00
8,966.07
1.00 102.97 9,285.81 301.59 0.173.20
3.31
Cusip: 693476BN2, Moody's Rating: A3, S & P Rating: A-, Maturity Date: 3/8/2022, Coupon: 3.300, Call Date: 2/6/2022, Call Price: 100.000, Accrued Interest: $18.150
PRUDENTIAL FINL INC 8,000.00
9,021.28
1.13 112.69 9,133.69 -5.84 0.164.76
4.76
Cusip: 74432QBM6, Moody's Rating: BAA1, S & P Rating: A, Maturity Date: 6/21/2020, Coupon: 5.375, Accrued Interest: $118.250
ROYAL BANK OF CANADA 9,000.00
9,013.08
1.00 100.23 9,024.77 7.53 0.160.79
0.79
Cusip: 78010UBZ9, Moody's Rating: AA3, S & P Rating: AA-, Maturity Date: 9/9/2016, Coupon: 0.793, Accrued Interest: $4.163
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 22 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
CORPORATE FIXED INCOME (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
RYDER SYSTEM INC 9,000.00
9,088.27
1.01 100.24 9,097.55 -66.58 0.162.54
2.52
Cusip: 78355HJW0, Moody's Rating: BAA1, S & P Rating: BBB, Maturity Date: 6/1/2019, Coupon: 2.550, Call Date: 5/1/2019, Call Price: 100.000, Accrued Interest: $75.862
SEMPRA ENERGY 8,000.00
8,286.51
1.04 103.51 8,452.77 -5.63 0.156.27
6.27
Cusip: 816851AN9, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 6/1/2016, Coupon: 6.500, Accrued Interest: $171.889
SOUTHERN CO 9,000.00
9,147.25
1.02 101.11 9,117.48 -47.53 0.162.42
2.41
Cusip: 842587CJ4, Moody's Rating: BAA1, S & P Rating: BBB+, Maturity Date: 9/1/2018, Coupon: 2.450, Accrued Interest: $17.762
THE KROGER CO 9,000.00
9,192.07
1.02 102.61 9,297.14 43.19 0.173.21
3.23
Cusip: 501044CX7, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 1/15/2021, Coupon: 3.300, Call Date: 12/15/2020, Call Price: 100.000, Accrued Interest: $61.875
TOYOTA MOTOR CREDIT CORP 9,000.00
8,990.55
1.00 100.33 9,067.86 39.06 0.162.11
2.12
Cusip: 89236TBP9, Moody's Rating: AA3, S & P Rating: AA-, Maturity Date: 7/18/2019, Coupon: 2.125, Accrued Interest: $38.250
UNITEDHEALTH GROUP INC 8,000.00
8,524.46
1.07 111.31 8,951.72 380.26 0.164.22
4.41
Cusip: 91324PBP6, Moody's Rating: A3, S & P Rating: A+, Maturity Date: 2/15/2021, Coupon: 4.700, Call Date: 11/15/2020, Call Price: 100.000, Accrued Interest: $47.000
US BANCORP 9,000.00
8,989.83
1.00 101.61 9,229.97 154.89 0.172.16
2.20
Cusip: 91159HHH6, Moody's Rating: A1, S & P Rating: A+, Maturity Date: 4/25/2019, Coupon: 2.200, Call Date: 3/25/2019, Call Price: 100.000, Accrued Interest: $85.250
WALGREENS BOOTS ALLIANCE 9,000.00
9,103.92
1.01 101.32 9,227.52 14.70 0.173.25
3.26
Cusip: 931427AF5, Moody's Rating: BAA2, S & P Rating: BBB, Maturity Date: 11/18/2021, Coupon: 3.300, Call Date: 9/18/2021, Call Price: 100.000, Accrued Interest: $108.900
WELLS FARGO & COMPANY 11,000.00
11,024.22
1.00 99.53 10,998.07 -75.70 0.203.46
3.44
Cusip: 94974BFJ4, Moody's Rating: A3, S & P Rating: A, Maturity Date: 2/13/2023, Coupon: 3.450, Accrued Interest: $49.546
Corporate Fixed Income Total $382,068.24 $382,672.18 -$2,580.32 6.89%
GOVERNMENT SECURITIES
Security Description Price
Average Unit Cost /
Quantity
Unrealized Gain/Loss PortfolioTotal Value
% ofTotal Cost Yield on CostCurrent Yield /
FED NATL MTG ASSN 24,000.00
$24,349.50
$1.02 $101.96 $24,587.55 $121.38 0.44%1.71
1.72
%
%
Cusip: 3135G0ZE6, Moody's Rating: AAA, S & P Rating: AA+, Maturity Date: 6/20/2019, Coupon: 1.750, Accrued Interest: $116.667
FED NATL MTG ASSN 14,000.00
13,937.59
1.00 100.15 14,039.11 83.83 0.250.87
0.88
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 23 of 31
POSITIONS - ADVISORY ASSETS ONLY
Reporting Currency: USDAs of September 30, 2015CITY OF ATLANTIC BEACH
GOVERNMENT SECURITIES (CONTINUED)
Security Description Price
Average Unit Cost /
Quantity
Unrealized
Gain/Loss PortfolioTotal Value
% of
Total Cost Yield on Cost
Current Yield /
Cusip: 3135G0TG8, Moody's Rating: AAA, S & P Rating: AA+, Maturity Date: 2/8/2018, Coupon: 0.875, Accrued Interest: $17.694
FED NATL MTG ASSN 2,000.00
2,014.48
1.01 101.77 2,047.52 20.98 0.041.71
1.73
Cusip: 3135G0ZY2, Moody's Rating: AAA, S & P Rating: AA+, Maturity Date: 11/26/2019, Coupon: 1.750, Accrued Interest: $12.056
FED NATL MTG ASSN 14,000.00
14,188.35
1.01 102.41 14,361.20 148.35 0.262.56
2.59
Cusip: 3135G0ZR7, Moody's Rating: AAA, S & P Rating: AA+, Maturity Date: 9/6/2024, Coupon: 2.625, Accrued Interest: $24.500
Government Securities Total $54,489.92 $55,035.38 $374.54 0.99%
$5,591,259.53 $5,555,422.72 -$192,996.76 100.00%TOTAL PORTFOLIO
Unrealized Gain/Loss value does not reflect interest and dividend accruals.
POSITIONS Page 24 of 31
Reporting Currency: USDAs of December 17, 2015CITY OF ATLANTIC BEACH
TIME WEIGHTED PERFORMANCE DETAIL - ADVISORY ASSETS ONLY
RETURN % (NET OF FEES) VS. BENCHMARKS
to 12/17/1512/31/10 - 12/17/1512/31/12 - 12/17/1512/31/14 - 12/17/1512/31/14 - 12/17/1509/30/15 - 12/17/1511/30/15 - 12/17/15
Month to Date Performance InceptionLast 5 YearsLast 3 YearsLast 12 MonthsYear to DateQuarter to Date
% of Portfolio Total Value
Performance
Inception DateAccount Name/Benchmark Account Number
03/12/10 $7,389,930.85 100.00 6.04 2.48 2.48 6.24 5.49 6.27%%-1.76 %%%%%%ADVISORY
454-014753 11/10/15 2,481,805.32 33.58 ------1.61-2.08GENERAL EMPLOYEE RETIREMENT ( Consulting Group Advisor )
Custom Account Index -------
454-109631 03/12/10 2,065,630.46 27.95 -0.67 0.24 0.24 0.90 3.21 3.60-0.35CITY OF ATLANTIC BEACH ( Sage Advisory -
Intermediate Taxable )BC Gov/Cr Intm -0.32 2.972.611.121.081.08-0.68
454-109627 03/15/10 1,078,665.72 14.60 10.62 6.99 6.99 15.62 12.59 12.81-1.36GENERAL EMPLOYEE RETIREMENT (
Columbia Mgmt - Select LC Grwth )
Russell 1000 Gr -1.47 14.0913.6617.085.665.667.31
454-109632 03/12/10 977,480.84 13.23 7.46 3.82 3.82 13.48 7.99 9.03-2.14GENERAL EMPLOYEE RETIREMENT ( JP Morgan - Equity Income SMA )
Russell 1000 VL -2.60 11.4511.2713.10-4.27-4.275.14
454-109629 03/12/10 403,623.78 5.46 4.37 -1.10 -1.10 11.28 10.97 12.40-3.46GENERAL EMPLOYEE RETIREMENT (
Riverbridge Partners - SMID Growth )
Russell 2500 GR -3.90 13.1911.4514.61-0.57-0.573.41
454-109628 03/12/10 382,724.73 5.18 0.71 -4.53 -4.53 8.72 4.77 7.23-5.27GENERAL EMPLOYEE RETIREMENT (
Boston Partners - Smid Cap Value )
Russell 2500 VL -5.14 10.479.1910.44-6.04-6.042.17
454-109630 03/12/10 ---------GENERAL EMPLOYEE RETIREMENT ( AAA )
454-109633 03/12/10 ---------GENERAL EMPLOYEE RETIREMENT ( AAA )
454-109634 03/12/10 ---------GENERAL EMPLOYEE RETIREMENT ( AAA )
454-013195 10/21/13 ---------CITY OF ATLANTIC BEACH ( AAA )
454-013194 10/21/13 ---------CITY OF ATLANTIC BEACH ( AAA )
454-013193 10/23/13 ---------CITY OF ATLANTIC BEACH ( AAA )
Inception dates for advisory account(s) reflect the most recent advisory program or discretion change.The investment returns shown on this page are time-weighted measurements which exclude the effect of the timing and amount of your contributions and withdrawals.
PERFORMANCE Page 25 of 31
Reporting Currency: USDPrepared on December 18, 2015CITY OF ATLANTIC BEACH
Explanatory Notes and Disclosures: This document is designed to assist you and your Financial Advisor in understanding portfolio positions, composition and subsets thereof. It is designed solely for
your individual use, is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. Do not take action relying on this information
without confirming its accuracy and completeness. Please read carefully all accompanying notes and disclosures provided in this Document.
For convenience purposes, your Financial Advisor may have assigned a designated name for this Document. The list of the accounts covered in this document is noted herein and may not include all of
your accounts with us. Furthermore, the information included in this document may not include all asset classes/securities held by you at the firm. Please review this document carefully and discuss any
questions you may have with your Financial Advisor. If you do not understand an entry, suspect an error, or want more details on current values or other information, contact your Financial Advisor.
This document is based upon your Morgan Stanley account holdings and may include other holdings/information that you or a third party provided about assets custodied elsewhere. Morgan Stanley
will not verify any other holdings/information. If any information reflects assets held away from Morgan Stanley, that will be indicated. The information contained in this document is subject to, and
does not supersede the confirmations and account statements you receive from us. Values shown in your official account statement may differ from the values shown in this document due to, among
other things, different reporting methods, delays, market conditions and interruptions. If there are discrepancies between your official account statement and this document, rely on your official
account statement.
The information in this document is approximate and subject to updating, correction and other changes. We are not obligated to notify you if information changes. Although the statements of fact and
data in this document have been obtained from, and are based upon sources that we believe to be reliable, we do not guarantee their accuracy, or timeliness, and any such information may be
incomplete or condensed. Percentage values shown in this document are subject to rounding, which may impact total values. The values of securities and other investments not actively traded may be
estimated or may not be available.
This information is provided for informational purposes only and should not be used for tax preparation. The information reported on your Form(s) 1099 supersedes the information provided in this
report and should be exclusively relied upon for tax preparation. Morgan Stanley, its affiliates and its employees are not in the business of providing tax or legal advice. This Document and any
tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any taxpayer for the purpose of avoiding tax penalties. Tax-related statements, if any, may have
been written in connection with promotion or marketing of the transaction(s) or matters addressed by these materials, to the extent allowed by applicable law. Any taxpayer should seek advice based
on the taxpayer's particular circumstances from an independent tax advisor. Morgan Stanley Smith Barney LLC, member SIPC.
Asset Classification: We classify assets based on general characteristics such as: income generation, underlying capital structure, or exposure to certain market sectors. As many assets contain
characteristics of more than one asset class, allocations may be under or over inclusive. Asset allocations may differ from product allocations.
The Other asset class contains securities that are not included in the various asset class classifications. This can include, but is not limited to, non-traditional investments such as some Equity Unit
Trusts, Index Options and Structured Investments issued outside of Morgan Stanley. Additionally, investments for which we are unable to procure market data to properly classify them will appear in
the Other category.
Additional information about your Floating Rate Notes: For floating rate securities, the estimated accrued interest and estimated annual income are based on the current floating coupon rate and
may not reflect historic rates within the accrual period.
Performance: Performance results are annualized for time periods greater than one year and include all cash and cash equivalents, realized and unrealized capital gains and losses, and dividends,
interest and income. The investment results depicted herein represent historical performance. As a result of recent market activity, current performance may vary from the figures shown. Please
contact your Financial Advisor for up to date performance information. Past performance is not a guarantee of future results.
Market values used for performance calculation do not include performance ineligible assets and thus may differ from asset allocation market values. Common examples of performance ineligible
assets include life insurance, some annuities and assets held externally. Unless otherwise indicated, performance is a composite calculation on the entire portfolio and may include brokerage and
investment advisory accounts, as well as assets for different accounts included in this report. The accounts included in the composite may have (or have had) different investment objectives and
strategies, been subject to different restrictions, and incurred different types of fees, markups, commissions and other charges. Accordingly, performance results may blend the performance of assets
and strategies that may not have been available in all of the accounts at all times during the reporting period. In addition, accounts in the composite may have changed from brokerage to advisory or
vice versa. Accounts may also have moved from one advisory program to another (including from a discretionary program to a non-discretionary program).
Performance information may cover the full history of the account(s) or just the performance of an account(s) since the inception of the current program(s). Performance results on individual accounts
will vary and may differ from the composite returns. Your Financial Advisor can provide you with individual account portfolio composition and performance information. For investment advisory
accounts, please see the Morgan Stanley Smith Barney Form ADV Part 2 or applicable disclosure brochure. For brokerage accounts, please speak to your Financial Advisor for more information on
commissions and other account fees and expenses. Performance inception date does not necessarily correspond to the account opening date. Where multiple accounts are included in performance
DISCLOSURES
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calculations, the inception date is the oldest performance inception. Performance data may not be available for all periods as some accounts included in performance may have more recent
performance inception dates. Consequently, the actual performance for a group of accounts may differ from reported performance. Please ask your Financial Advisor for the performance inception
date for each account.
Gross of Fees: As fees are deducted quarterly, the compounding effect will be to increase the impact of the fees by an amount directly related to the gross account performance. For example, for an
account with an initial value of $100,000 and a 2% annual fee, if the gross performance is 10% per year over a three year period, the compounding effect of the fees will result in a net annual compound
rate of return of approximately 7.81% per year over a three year period, and the total value of the client's portfolio at the end of the three year period would be approximately $133,100 without the fees
and $125,307 with the fees.
Indices: Benchmark indices and blends included in this material are for informational purposes only, are provided solely as a comparison tool and may not reflect the underlying composition and/or
investment objective(s) associated with the account(s). In some circumstances, the benchmark index may not be an appropriate benchmark for use with the specific composite portfolio. For instance,
an index may not take into consideration certain changes that may have occurred in the portfolio since the inception of the account(s), (e.g., changes from a brokerage to an advisory account or from
one advisory program to another, asset class changes, or index changes for individual managers). The volatility of the index used for comparison may be materially different from that of the
performance shown. Indices are unmanaged and not available for direct investment. Index returns do not take into account fees or other charges. Such fees and charges would reduce performance.
Please see the Benchmark Definitions section of this material for additional information on the indices used for comparison.
Realized/Unrealized Gain/Loss: The gain and loss information is provided for informational purposes only, may not be complete, is not a substitute 1099 form (or any other appropriate tax form), and
should not be used for tax planning or preparation. Gain and loss values are estimates and should be independently verified. We are not responsible for any gain and loss information provided by you or
another financial institution. You are responsible for ensuring the accuracy of such information.
Projected Next 12 Months income: Projected Next 12 Months income includes cash income such as interest and cash dividends, based on current yields and does not include income from external
accounts. These are projections and the actual income may be lower or higher than the projections.
Bank Deposit Program: Morgan Stanley Smith Barney LLC is a registered broker-dealer, not a bank. Unless specifically disclosed in writing, other investments and services offered through Morgan
Stanley Smith Barney LLC are not insured by the Federal Deposit Insurance Corporation (FDIC), are not deposits or other obligations of, or guaranteed by, a Bank and involve risks, including possible
loss of principal amount invested. Bank Deposit Program balances are held at (1) Morgan Stanley Bank, N.A., and/or Morgan Stanley Private Bank, National Association, affiliates of Morgan Stanley
Smith Barney, or (2) Citibank, N.A., each Members FDIC.
Certificates of Deposit (CD's): CDs are insured by the FDIC, an independent agency of the U.S. Government, up to a maximum amount of $250,000 (including principal and accrued interest) for all
deposits held in the same insurable capacity (e.g. individual account, joint account, IRA etc.) per CD depository. Investors are responsible for monitoring the total amount held with each CD depository.
All deposits at a single depository held in the same insurable capacity will be aggregated for purposes of the $250 ,000 federal deposit insurance limit, including deposits (such as bank accounts)
maintained directly with the depository and CDs of the depository held through Morgan Stanley Smith Barney. A secondary market in CDs may be limited. CDs sold prior to maturity are subject to
market risk and therefore investors may receive more or less than the amount invested or the face value. Callable CDs are callable at the sole discretion of the issuer. For more information about FDIC
insurance, please visit the FDIC website at www.fdic.gov.
Global Currency Deposits: Global Currency deposits are held at Morgan Stanley Private Bank, National Association ("MSPBNA"), Member FDIC. Morgan Stanley Smith Barney LLC and MSPBNA are
affiliates. Morgan Stanley Smith Barney LLC is a registered broker-dealer, not a bank. Unless specifically disclosed in writing, other investments and services offered through Morgan Stanley Smith
Barney are not insured by the FDIC, are not deposits or other obligations of, or guaranteed by, a bank and involve investment risks, including possible loss of principal amount invested. FDIC insurance
does not protect against losses due to exchange rate movements.
GENERAL DEFINITIONS
Total Value: Total Value represents the Market Value of the portfolio or of a given Asset Class inclusive of interest and dividend accruals. Total Value for Asset Allocation before January 2014 does not
include accruals.
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Time-Weighted Return: A return calculation that measures the performance of one dollar invested over the reporting period. As time-weighted returns do not include the impact of timing of
contributions and withdrawals, they can be compared to market indices and used to evaluate the performance of an investment or manager.
Gross of Fees: Performance results depicted as "gross" of fees do not reflect the deduction of any wrap fee, investment management fee, trade commissions, and/or other account fees. Your actual
returns are lower after deducting these expenses. Please see the Morgan Stanley Smith Barney LLC Form ADV Part 2 Brochure for advisory accounts and/or any applicable brokerage account trade
confirmation statements for a full disclosure of the applicable charges, fees and expenses. Your Financial Advisor will provide those documents to you upon request.
Net of Fees: Performance results depicted as "net" of fees shall mean that any wrap fee, investment management fees, trade commissions, and/or other account fees have been deducted. Any other
fees or expenses associated with the account, such as third party custodian fees, may not have been deducted. Please see the Morgan Stanley Smith Barney LLC Form ADV Part 2 Brochure for advisory
accounts and/or any applicable brokerage account trade confirmation statements for a full disclosure of the applicable charges, fees and expenses. Your Financial Advisor will provide those documents
to you upon request.
Net Contributions/Withdrawals: The net value of cash and securities contributed to or withdrawn from the account(s) during the reporting period. Net contributions and withdrawals may include
advisory fees for advisory accounts.
Appreciation/Depreciation: The total portfolio value increase or decrease over the reporting period excluding net contributions and withdrawals.
Income Received: Income received includes cash income such as interest and cash dividends and does not include income from external accounts.
APY: The Annual Percentage Yield ("APY") for deposits represents the applicable rate in effect for your deposits at the period ending date. This APY may be different than the APY that was in effect
during the statement period. For current Bank Deposit or Money Market Fund yields, go to
http://www.morganstanleyindividual.com/AccountOptions/ActiveAssets/InvestmentFeatures
Call Date: The date on which a bond or preferred stock can be redeemed by the issuer before maturity.
Call Price: The price at which a bond or a preferred stock can be redeemed by the issuer before maturity.
Current Yield: The indicated Estimated Annual Income divided by the Market Value/Current Cost.
Gross Accumulated Value ($): Gross Accumulated Value is the most current market value provided by carriers of the Annuity or Life insurance product.
Net Invested Premium($): Net Invested Premium is the total amount invested minus the total amount withdrawn. The total amount invested includes the initial investment and any future
contributions.
Global Investment Manager Analysis (GIMA): Global Investment Manager Analysis (GIMA) reviews certain investment products in various advisory programs. For these programs, a GIMA status will
apply:
Focus List (FL): Investment products on the Focus List have been subject to an in-depth review and possess GIMA's highest level of confidence.
Approved List (AL): Investment products on the Approved List have typically been subject to a less rigorous review process and have been approved for recommendation to investors.
Not Approved List (NL): Investment products that were previously on the Focus List or Approved List but are no longer on either of those lists. GIMA no longer covers these products. For more
information, please ask your Financial Advisor for the applicable Morgan Stanley ADV brochure.
Morgan Stanley Research Ratings: Morgan Stanley uses a relative rating system using terms such as Overweight, Equal-weight, Not-Rated, or Underweight (see definition below). Morgan Stanley
does not assign ratings of Buy, Hold or Sell to the stocks we cover. Overweight, Equal-weight, Not-Rated and Underweight are not the equivalent of buy, hold and sell. Investors should carefully read
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the definitions of all ratings used in Morgan Stanley Research. In addition, since Morgan Stanley Research contains more complete information concerning the analyst's view, investors should carefully
read Morgan Stanley Research, in its entirety, and not infer the contents from the ratings alone. In any case, ratings (or research) should not be used or relied upon as investment advice. An investor's
decision to buy or sell a stock should depend on individual circumstances (such as the investor's existing holdings) and other considerations.
Overweight (OVWEIGHT): The stock's total return is expected to exceed the average total return of the analyst's industry (or industry team's) coverage universe, on a risk-adjusted basis, over the next
12-18 months.
Equal-weight (EQWEIGHT): The stock's total return is expected to be in line with the average total return of the analyst's industry (or industry team's) coverage universe, on a risk-adjusted basis, over
the next 12-18 months.
Underweight (UNWEIGHT): The stock's total return is expected to be below the average total return of the analyst's industry (or industry team's) coverage universe, on a risk-adjusted basis, over the
next 12-18 months.
Not-Rated (NR): Currently, the analyst does not have adequate conviction about the stock's total return relative to the average total return of the analyst's industry (or industry team's) coverage
universe, on a risk-adjusted basis, over the next 12-18 months.
Not Available (NAV): Indicates that the ratings for this company are not available because of a Morgan Stanley policy.
Discontinued Coverage (DC)
Moody's Investor Service and Standard & Poor's Credit Ratings: The credit ratings from Moody's Investors Service and Standard & Poor's may be shown for certain securities. All credit ratings
represent the "opinions" of the provider and are not representations or guarantees of performance. Your Financial Advisor will be pleased to provide you with further information or assistance in
interpreting these credit ratings.
Standard & Poor's Equity Research Ratings: For ease of comparison, Morgan Stanley Wealth Management has normalized Standard & Poor's proprietary research ratings to a 1 (Buy), 2 (Hold), and 3
(Sell), which differs from Standard & Poor's rating system. Please refer to a Standard & Poor's research report for a complete description of Standard & Poor's rating system and Standard & Poor's
actual proprietary rating on any covered company. Standard & Poor's ratings are described below:
1 / 5-STARS (Strong Buy): Total return is expected to outperform the total return of a relevant benchmark, by a wide margin over the coming 12 months, with shares rising in price on an absolute basis
1 / 4-STARS (Buy): Total return is expected to outperform the total return of a relevant benchmark over the coming 12 months, with shares rising in price on an absolute basis
2 / 3-STARS (Hold): Total return is expected to closely approximate the total return of a relevant benchmark over the coming 12 months, with shares generally rising in price on an absolute basis
3 / 2-STARS (Sell): Total return is expected to underperform the total return of a relevant benchmark over the coming 12 months, and the share price not anticipated to show a gain
3 / 1-STARS (Strong Sell): Total return is expected to underperform the total return of a relevant benchmark by a wide margin over the coming 12 months, with shares falling in price on an absolute
basis
Relevant benchmarks: In North America the relevant benchmark is the S&P 500 Index, in Europe and in Asia, the relevant benchmarks are generally the S&P Europe 350 Index and the S&P Asia 50
Index.
Not Rated: Not Rated is assigned to an unrated issuer, obligation and/or program and can also include mutual funds and ETFs.
Accrued Income: Income earned but not yet received.
BENCHMARK DEFINITIONS
Custom Account Index: The Custom Account Index is an investment benchmark based on your historical target allocations and/or manager selection that you may use to evaluate the performance of
your account. The Custom Account index does take into consideration certain changes that may have occurred in your portfolio since the inception of your account, i.e., asset class and/or manager
changes. However, in some circumstances, it may not be an appropriate benchmark for use with your specific account composition. For detailed report of the historical composition of this blend please
contact your Financial Advisor.
Custom Account Index: 45414753 Custom Account Index. The current allocation began as of 10/31/2015, and is comprised of 50.00% Russell 3000, 02.00% S&P GSSI Natural Resource, 04.00% HFRI
Equity Hedge Total, 12.00% HFRI FoF Composite, 24.00% MSCI AC World Ex USA, 08.00% MSCI EM Net.
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60/40 Balanced: The current allocation is comprised of 60.00% S&P 500 Total Return, 40.00% BC Aggregate.
BC Aggregate: The Barclays US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index
includes Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).
MSCI AC World Ex USA: The MSCI ACWI Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging
markets. The MSCI ACWI consists of 46 country indexes comprising 23 developed and 23 emerging market country indexes. The developed market country indexes included are: Australia, Austria,
Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United
Kingdom and the United States. The emerging market country indexes included are: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico,
Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates (as of June 2014). This index is excluding the United States.
BC Gov/Cr Intm: The Barclays Government/Credit Bond Index contains bonds that are investment grade and that have at least one year to maturity. The Barclays Intermediate Government/Credit
Bond Index is composed primarily of bonds covered by the Barclays Government/Credit Bond Index with maturities between one and 9.99 years.
Russell 2500 GR: The Russell 2500 Growth Index is representative of the U.S. market for smaller to medium capitalization stocks containing those companies in the Russell 2500 Index with higher
price-to-book ratios and higher forecasted growth.
Russell 2500 VL: The Russell 2500 Value Index is representative of the U.S. market for smaller to medium capitalization stocks containing those companies in the Russell 2500 Index with lower
price-to-book ratios and lower forecasted growth.
MSCI EM Net: The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The MSCI Emerging
Markets Index consists of the following 23 emerging market country indexes: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Peru,
Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey, and United Arab Emirates (as of June 2014). Net total return indices reinvest dividends after the deduction of withholding
taxes, using (for international indices) a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.
S&P 500 Total Return: The S&P 500 has been widely regarded as the best single gauge of the large cap U.S. equities market since the index was first published in 1957. The index has over $5.58 trillion
benchmarked, with index assets comprising approximately $1.31 trillion of this total. The index includes 500 leading companies in leading industries of the U.S. economy, capturing 75% coverage of
U.S. equities. This index includes dividend reinvestment.
Russell 1000 Gr: The Russell 1000 Growth Index is representative of the U.S. market for large capitalization stocks containing those companies in the Russell 1000 Index with higher price-to-book ratios
and higher forecasted growth.
HFRI Equity Hedge Total: Equity hedge investing consists of a core holding of long equities hedged at all times with short sales of stocks and/or stock index options. Some managers maintain a
substantial portion of assets within a hedged structure and commonly employ leverage. Where short sales are used, hedged assets may be comprised of an equal dollar value of long and short stock
positions. Other variations use short sales unrelated to long holdings and/or puts on the S&P 500 index and put spreads. Conservative funds mitigate market risk by maintaining market exposure from
zero to 100 percent. Aggressive funds may magnify market risk by exceeding 100 percent exposure and, in some instances, maintain a short exposure. In addition to equities, some funds may have
limited assets invested in other types of securities. Returns for HFRI Indices are to be considered estimated returns for the previous stated quarter as HFRI may revise Index data from time to time, as
necessary. Generally Final Index returns are made available by HFRI 4 months after a particular month end. Please contact your Financial Advisor for more information.
Russell 2000: The Russell 2000 Index consists of the 2,000 smallest companies in the Russell 3000 Index, which generally has represented approximately 10% of the total market capitalization of the
Russell 3000 Index.
Russell Midcap: The Russell Midcap Index is representative of the U.S. market for medium capitalization stocks containing approximately 800 of the smallest companies in the Russell 1000 Index,
representing approximately 25% of the total market capitalization of the Russell 1000 Index.
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Russell 1000 VL: The Russell 1000 Value Index is representative of the U.S. market for large capitalization stocks containing those companies in the Russell 1000 Index with lower price-to-book ratios
and lower forecasted growth.
DJ Industrial Avg: The Dow Jones Industrial Average also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by
Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It was founded on May 26, 1896, and is now owned by Dow Jones Indexes, which has its majority owned by the CME
Group. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large publicly owned companies based in the United States have
traded during a standard trading session in the stock market. It is the second oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.
HFRI FoF Composite: Fund of funds invest with multiple managers through funds or managed accounts. The strategy designs a diversified portfolio of managers with the objective of significantly
lowering the risk (volatility) of investing with an individual manager. The fund of funds manager has discretion in choosing which strategies to invest in for the portfolio. A manager may allocate funds
to numerous managers within a single strategy, or with numerous managers in multiple strategies. The minimum investment in a fund of funds may be lower than an investment in an individual hedge
fund or managed account. The investor has the advantage of diversification among managers and styles with significantly less capital than investing with separate managers. Returns for HFRI Indices
are to be considered estimated returns for the previous stated quarter as HFRI may revise Index data from time to time, as necessary. Generally Final Index retruns are made available by HFRI 4 months
after a particular month end. Please contact your Financial Advisor for more information.
S&P GSSI Natural Resource: The GS Natural Resource index seeks to track the investment results of North American equities in the natural resources sector.
Russell 3000: The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization, which represents approximately 98% of the investable U.S.
equity market.
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