XYZ Hedge Fund Class A

Hedge Fund Detail

XYZ Hedge Fund seeks capital appreciation and current
income. Saburre comiter amputat parsimonia.
The fund normally invests at least 65% of assets in
securities designed to achieve growth and/or income. It
invests primarily in common stocks, preferred stocks, and
convertibles. The fund may also invest in nonconvertible
debt securities rated B or higher; it may invest no more than
10% of assets in securities rated below BBB. The fund may
invest up to 20% of assets in foreign securities in the form
of American and European Depositary Receipts.
The fund normally invests at least 65% of assets in
securities designed to achieve growth and/or income. It
invests primarily in common stocks, preferred stocks, and
convertibles. The fund may also invest in nonconvertible
debt securities rated B or higher; it may invest.
Prior to Oct 30, 1995 the fund was named XYZ Growth
and Income Fund. From that date until March 1, 1999, it was
named XYZ Trust Growth and Income Fund.

Morningstar Strategy

NAV

Inception Date

Moderate

$1,243.66

1998-01-01

Fund Assets
$237 mil

Firm Assets
$1,272 mil

Performance as of 2004-10-31
Growth of $10,000
Fund
$45,098

60
50

Index: S&P 500

$27,098

40
30

Index: Lehman
$23,985

20
10K
7

&

&

&

&

1994

1995

1996

1997

&

&

&

&

&

&

&

Performance Quartile
(within strategy)

1998

1999

2000

2001

2002

2003

10-04

History

00.00
00.00
00.00
00

00.00
00.00
00.00
00

00.00
00.00
00.00
00

00.00
00.00
00.00
00

00.00
00.00
00.00
00

00.00
00.00
00.00
00

00.00
00.00
00.00
00

NAV
+/ S&P 500
+/ Lehman
Total Rtn % Rank Cat
Total Return %
Investment
S&P 500
Lehman

60
45

This information is from the funds literature.

30
Portfolio Manager

John Doe, CFA. Since 09-99. BS, DePaul University 1967.

MBA, Northwestern University. 1971. Octavius conubium
santet lascivius zothecas, utcunque concubine plane verecunde adquireret agricolae. Saburre comiter amputat
parsimonia fiducias.
Cathedras fortiter deciperet Octavius conubium
santet lascivius zothecas, utcunque concubine plane verecunde adquireret agricolae. Saburreamputaia fiducias.
Cathedras fortiter deciperet Octavius conubium santet
lascivius zothecas.

15
0
15
YTD

3 Mo

6 Mo

1 Yr

2 Yr

3 Yr

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

5Yr

7 Yr

00.00
00.00
00.00
00.00

10 Yr

Incept

History

00.00
00.00
00.00
00.00

Fund Return %
S&P 500 %
Lehman %
Strategy Average %

Monthly Distribution of Returns

Number of Months

Operations

20

Currency
Minimum Investment
Availability
Legal Structure

Euro
$1,000,000
Global
Multi-advisor

Management Fee
Incentive Fee
High Water Mark
Hurdle Rate
Lock Up

First US $10mil: 1.00%

10% excess new appreciation
Yes

None

Subscriptions
Redemptions
Advanced Notices

Monthly/5 business days notice

Monthly/45 days notice

Contact Information

Management Company
Address
Telephone
Facsimile
E-mail
Contact

XYZ Management Co.

123 Main Street
New York, NY 10000
888-867-5309
888-867-5301
info.xyz@
xyzinvestments.com
John Doe

16
12
8
4
0
25
Return %

20

Monthly Performance
Jan

2004
2003
2002
2001
2000

00.00
00.00
00.00
00.00
00.00

15

Feb

00.00
00.00
00.00
00.00
00.00

Mar

10

10

15

20

25

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

00.00 00.00
00.00 00.00
00.00 00.00
00.00 00.00
00.00 00.00

00.00
00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

00.00
00.00
00.00
00.00

Statistical Summary
Risk Measurement

1-Yr

3-Yr

5-Yr

Standard Deviation
Skewness
Kurtosis

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

Sortino Ratio (10%)

Positive Months
Calmer Ratio

0.0
0.0
0.0

0.0
0.0
0.0

0.0
0.0
0.0

Negative Months
Worst Month
Max Drawdown
Sharpe Ratio

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

0.0
0.0
0.0
0.0

Regression Stats

S&P 500 %
1-Yr

Alpha
Beta
R-Squared
Tracking Error
Info Rate
Correlation

0.0
0.0
0.0
0.0
0.0
0.0

3-Yr

0.0
0.0
0.0
0.0
0.0
0.0

Lehman %
1-Yr

0.0
0.0
0.0
0.0
0.0
0.0

3-Yr

0.0
0.0
0.0
0.0
0.0
0.0

Leverage

Current

2004 Morningstar, Inc., Morningstar Investment ProfilesTM 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed;
and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future
performance. Visit our investment web site at www.morningstar.com.

5:1

Historical

3:1