|
|
Year
End
|
|
Benchmark Return (%)
|
Number of Portfolios
|
Asset-weighted Standard Deviation (%)
|
Total Composite Assets
(US$ Millions)
|
Total Firm Assets
(US$ Millions)
|
|
Gross of Fees Return (%)
|
Net of Fees Return (%)
|
|
1998
|
-8.19
|
-8.96
|
1.23
|
24 |
1.61 |
2,595
|
6,049 |
|
1999
|
20.16
|
19.12
|
43.09
|
23 |
0.56 |
2,869
|
8,097 |
|
2000
|
3.90
|
2.96
|
-22.43
|
20 |
0.64 |
2,597
|
10,449 |
|
2001 |
2.02 |
1.09 |
-9.23 |
18 |
0.41 |
2,437 |
10,674 |
|
2002
|
-28.41
|
-29.05
|
-30.26
|
19 |
0.33 |
1,614
|
9,403 |
|
2003 |
51.84 |
50.51 |
48.54 |
19 |
0.28 |
2,473 |
12,582 |
|
2004 |
14.65 |
13.83 |
14.31 |
20 |
0.27 |
2,493 |
13,499 |
|
2005 |
5.46 |
4.65 |
4.15 |
17 |
0.46 |
1,695 |
11,680 |
|
2006 |
10.98 |
10.12 |
13.35 |
18 |
0.43 |
1,781 |
10,105 |
|
2007 |
5.08 |
4.25 |
7.05 |
17 |
0.22 |
1,486 |
8,235 |
|
|
-
Peregrine Capital Management ("Peregrine") is an independent investment
advisor registered under the Investment Advisers Act of 1940.
Peregrine is a wholly owned subsidiary of Wells Fargo & Company.
A complete list and description of firm composites and additional
information regarding policies for calculating and reporting returns
are available upon request.
-
The Small Cap Growth Equity Composite includes all fee paying,
discretionary accounts that hold U.S. securities considered to have
a small market capitalization and potential for dramatic price
appreciation (growth stocks) over a 6-18 month time horizon.
The benchmark is the Russell 2000® Growth Index. The composite
was created in January 1976.
-
Returns reflect the deduction of transaction costs and are net of
non-reclaimable withholding taxes. Gross returns do not
reflect the deduction of investment advisory fees or any other
expenses that may be incurred in the management of the account.
Net returns reflect the deduction of actual advisory fees. The
standard fee schedule currently in effect is as follows: 1.00% on
the first $50 million; 0.75% on the next $50 million; 0.65% on the
balance. All returns are expressed
in U.S. dollars.
-
An account will be temporarily removed from the composite in the
event that single or multiple cash flows in a 30 day period
cumulatively equal 10% or more of the account's market value.
The account is returned to the composite following the first fully
invested day. Additional information regarding the treatment
of significant cash flows is available upon request.
-
The dispersion of annual returns is measured by the asset-weighted
standard deviation of account returns represented within the
composite for the full year.
-
The Russell 2000® Growth Index returns are provided to represent
the investment environment existing during the time periods shown
and are not covered by the report of independent verifiers.
For comparison purposes, the index is fully invested and includes
the reinvestment of capital gains and income. The returns for
the index do not include any transaction costs, management fees or
other costs.
-
Past performance is not an indicator of future results.
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