HomeMy WebLinkAbout03. HighMark PresentationCentral Contra Costa Sanitary District
October 6, 2014
Presented by
Andrew Brown, CFA
HIGHMARKC
CAPITAL MANAGEMENT
3
CCCSD
Asset Allocation
Total Assets: $36,387,785
As of 9 -23 -14
3 Month Return: 2.17%
1 Year Return: 12.85%
Inception -to -Date Return: 12.77%
Inception Date: 4 -1 -2009
Fixed Income
$17,199,598
47.3%
JHIGHMARKe
CAPITAL MANAGEMENT
Cash
$1,098,608
3.0%
PARS: Central Contra Costa Sanitary District
Equity
$18,089,579
49.7%
Selected Period Performance
PARS /CENTRAL CONTRA COSTA SANT PRHCP
Account 6746030600
Period Ending: 08/31/2014
Account Inception: 4/1/2009
Returns are gross -of -fees unless otherwise noted. Returns for periods over one year are annualized. The information presented has been obtained from
sources believed to be accurate and reliable. Past performance is not indicative of future returns. Securities are not FDIC insured, have no bank guarantee,
and may lose value.
-A HIGHMARK PARS: Central Contra Costa Sanitary District
CAPITAL MANAGEMENT
Year
Inception
to Date
to Date
Sector
3 Months
(8 Months)
1 Year
3 Years
5 Years
(65 Months)
Cash Equivalents
.01
.01
.02
.02
.07
.11
iMoneyNet. Inc. Taxable
.00
.01
01
02
02
03
Total Fixed Income
.65
3.80
5.34
3.80
5.00
6.18
BC US Aggregate Bd Index
90
4.81
5.66
2.91
4.48
4.98
Total Equities
3.83
6.33
21.92
17.85
14.98
19.67
Large Cap Funds
4.60
7.64
24.18
20.12
15.65
19.68
S &P 500 Composite Index
4.68
9 89
25.25
20.61
16.88
21.08
Mid Cap Funds
4.47
5.41
18.95
17.48
Russell Midcap Index
5.08
10.56
25.32
21.04
19.29
24.88
Small Cap Funds
4.78
3.86
19.88
21.50
19.72
24.99
Russell 2000 Index
3.85
1.75
17.68
19.00
17.03
22.39
International Equities
1.71
4.94
18.72
7.36
7.52
14.63
MSCI SAFE Index
-1.17
2.56
16.43
11.36
8.21
15.09
MSCI EM Free Index
7.00
10.63
19.98
4.35
7.90
15.52
Total Managed Portfolio
2.17
4.92
12.85
10.58
10.02
12.77
Account Inception: 4/1/2009
Returns are gross -of -fees unless otherwise noted. Returns for periods over one year are annualized. The information presented has been obtained from
sources believed to be accurate and reliable. Past performance is not indicative of future returns. Securities are not FDIC insured, have no bank guarantee,
and may lose value.
-A HIGHMARK PARS: Central Contra Costa Sanitary District
CAPITAL MANAGEMENT
ASSET ALLOCATION
As of September 23, 2014
Current Asset Allocation Investment Vehicle
Equity
49.71%
Range: 40 %-60%
18,089,579
Large Cap Core
5.75%
SMGIX
Columbia Contrarian Core CI Z
2,092,883
4.63%
SICWX
Sentinel Common Stock 1
1,683,901
Large Cap Value
2.91%
PRFDX
T. Rowe Price Equity Income Fund
1,057,401
4.42%
LSGIX
Loomis Sayles Value Fund
1,607,439
Large Cap Growth
3.58%
HACAX
Harbor Capital Appreciation Instl
1,301,735
3.56%
PRGFX
T. Rowe Price Growth Stock Fund
1,296,563
Mid Cap Value
2.78%
TIMVX
TIAA -CREF Mid -Cap Value Instl
1,012,449
Mid Cap Growth
2.78%
IYMIX
Ivy Mid Cap Growth Fund 1
1,010,900
Small Cap Value
2.23%
NSVAX
Columbia Small Cap Value Fund 11
811,466
Small Cap Growth
2.25%
PRNHX
T. Rowe Price New Horizons Fund
817,893
International Core
3.87%
NWHNX
Nationwide Bailard Intl Equities Fund
1,406,962
International Value
2.98%
DODFX
Dodge & Cox International Stock Fund
1,083,821
International Growth
1.94%
MQGIX
MFS International Growth Fund
705,030
Tactical - Europe
2.59%
FEZ
SPDR EURO STOXX 50 ETF
943,808
Emerging Markets
3.46%
SEMNX
Schroder Emerging Market Equity
1,257,329
Fixed Income
47.27%
Range: 40 %-60%
17,199,598
Short-Term
11.84%
VFSUX
Vanguard Short-Term Corp Adm Fund
4,309,923
Intermediate -Term
17.70%
NWJJX
Nationwide HighMark Bond Fund
6,439,876
17.73%
PTTRX
PIMCO Total Return Instl Fund
6,449,798
Cash
3.02%
Range: 0 %-20%
1,098,608
3.02%
FPZXX
Money Market
1,098,608
TOTAL 100.00% $36,387,785
H IGH PARS: Central Contra Costa Sanitary District
���ARK �
CAPITAL MANAGEMENT
PARS /CENTRAL CONTRA COSTA SANITARY DISTRICT
For Period Ending August 31, 2014
LARGE CAP EQUITY FUNDS
YTD 1 -Year 3 -Year 5 -Year 10 -Year
Fund Name Return Rank Return Rank Return Rank Return Rank Return Rank
Columbia Contrarian Core Cl Z
(6/11)
9.27
38
24.45
40
21.80
11
17.45
10
10.96
1
T. Rowe Price Equity Income
(8/10)
6.59
88
19.31
86
18.99
56
14.88
53
7.86
44
Harbor Capital Appreciation Instl
(7/10)
8.26
36
28.74
11
19.53
35
17.19
28
9.89
21
Loomis Sayles Value Fund
(8/11)
8.70
54
23.89
23
22.06
9
15.57
37
9.80
5
Sentinel Common Stock Fd CI 1
(6/12)
7.87
64
21.60
69
19.01
57
15.79
43
8.98
17
T. Rowe Price Growth Stock
6.24
69
27.01
23
20.84
15
18.47
11
9.85
23
Idx: Russell 1000
9.90
--
25.36
20.80
--
17.24
8.78
-
EQUITY
TIAA -CREF Mid -Cap Value Instl
(2/10)
10.40
24
25.31
28
20.52
49
17.29
53
10.93
9
Idx: Russell Mid Cap Value
12.48
--
27.20
--
22.33
19.45
--
10.92
--
Ivy Mid Cap Growth 1
(5/14)
5.35
53
17.54
69
17.01
58
17.60
39
11.58
17
Idx: Russell Mid Cap Growth
8.89
--
23.67
--
19.65
19.14
10.97
-
SMALL
CAP EQUITY
FUNDS
Columbia Small Cap Value II Z
3.62
46
19.51
47
20.10
33
17.33
26
10.11
21
ldx: Russell 2000 Value
2.16
--
18.10
--
18.78
15.74
--
8.43
T. Rowe Price New Horizons
3.18
13
19.34
13
23.29
1
23.58
1
13.29
2
Idx: Russell 2000 Growth
1.38
--
17.30
19.21
--
18.29
10.22
INTERNATIONAL
w
Dodge & Cox International Stock
9.18
1
27.22
1
15.59
2
11.51
4
9.75
9
Nationwide Bailard Intl Eqs InSvc
2.17
43
20.18
6
10.78
34
8.98
28
8.18
23
MFS International Growth 1
1.06
52
11.37
74
8.79
67
9.48
54
8.80
21
Idx: MSCI EAFE
2.56
-
16.43
11.36
-
8.21
--
7.01
Schroder Emerging Market Equity
(11/12)
8.03
65
18.38
57
4.85
34
7.80
43
Idx: MSCI Emerging Markets
8.50
--
17.03
--
1.74
5.32
9.48
-
SPDR EURO STOM 50 ETF
0.02
82
19.97
34
11.98
67
4.64
100
5.99
75
Nationwide HighMark Bond InSvc
4.55
65
5.93
55
3.86
44
5.18
53
4.98
34
Pimco Total Return Inst'I
4.31
73
6.12
49
4.29
30
5.64
39
6.11
6
Vanguard Short-Term Investment -Grade Adm
1.86
20
3.22
16
2.56
21
3.44
24
3.74
17
BarCap US Aggregate Bond
4.81
5.66
--
2.91
4.48
-
4.72
Data Source: Morningstar, SD Investments
Returns less than one year are not annualized. Past performance is not indicative of future returns. The information presented has been obtained from sources
believed accurate and reliable. Securities are not FDIC insured, have no bank guarantee and may lose value.
JHIGHMARKe PARS: Central Contra Costa Sanitary District
CAPITAL MANAGEMENT