| |
Swan Consulting, Inc. Defined Risk Strategy
|
S&P 500 ("The Benchmark")
|
| Year |
Gross-of-Fee Return |
Cumulative Return |
Annualized Return |
Standard Deviation (External) |
Sharpe Ratio |
# of Accts / Assets in Millions |
% of Firm Assets |
Dispersion (Internal) |
Return |
Cumulative Return |
Annualized Return |
Standard Deviation (External) |
Sharpe Ratio |
| 1997+ |
19.63% |
19.63% |
19.63% |
- |
- |
1 / .22 |
100% |
- |
9.98% |
9.98% |
9.98% |
- |
- |
| 1998 |
12.13% |
34.15% |
21.63% |
- |
- |
1 / .32 |
100% |
- |
28.58% |
41.42% |
25.99% |
- |
- |
| 1999 |
13.35% |
52.05% |
18.25% |
- |
- |
1 / .72 |
100% |
- |
21.04% |
71.17% |
23.99% |
- |
- |
| 2000 |
4.32% |
58.61% |
14.09% |
- |
- |
1 / .90 |
100% |
- |
-9.10% |
55.59% |
13.46% |
- |
- |
| 2001 |
8.42% |
71.97% |
12.80% |
- |
- |
3 / 1.66 |
100% |
- |
-11.89% |
37.09% |
7.26% |
- |
- |
| 2002 |
12.97% |
94.28% |
12.83% |
- |
- |
3 / 1.97 |
100% |
- |
-22.10% |
6.79% |
1.20% |
- |
- |
| 2003 |
0.02% |
94.32% |
10.76% |
- |
- |
6 / 3.74 |
100% |
5.60% |
28.69% |
37.43% |
5.01% |
- |
- |
| 2004 |
12.96% |
119.51% |
11.05% |
- |
- |
8 / 4.66 |
100% |
6.16% |
10.88% |
52.38% |
5.78% |
- |
- |
| 2005 |
7.75% |
136.52% |
10.66% |
- |
- |
8 / 4.98 |
100% |
2.70% |
4.91% |
59.87% |
5.68% |
- |
- |
| 2006 |
18.32% |
179.85% |
11.44% |
- |
- |
12 / 7.69 |
100% |
3.95% |
15.79% |
85.12% |
6.70% |
- |
- |
| 2007 |
9.38% |
206.11% |
11.24% |
4.92% |
1.32 |
14 / 9.40 |
100% |
3.93% |
5.49% |
95.29% |
6.58% |
16.42% |
0.23 |
| 2008 |
-3.71% |
194.75% |
9.86% |
6.12% |
0.89 |
17 / 14.12 |
90% |
4.91% |
-37.00% |
23.04% |
1.82% |
20.16% |
0.00 |
| 2009 |
27.09% |
274.60% |
11.14% |
7.75% |
0.93 |
22 / 20.66 |
100% |
11.95% |
26.46% |
55.60% |
3.60% |
20.35% |
0.10 |
+1997 CY Returns are total returns (i.e. not annualized) from July-December consistent with initial Strategy implementation.

Swan Consulting, Inc. claims compliance with the Global Investment Performance Standards (GIPSĀ®). To receive a complete list and description of Swan Consulting, Inc's. composites and/or a presentation that adheres to the GIPS standards, contact
Drew Kehoe at 512.468.4578.