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Small
Cap Growth Equity Management
SmallCap Turnaround
Growth
MindShare's SmallCap Growth Composite
contains fully discretionary SmallCap Growth accounts. For comparison
purposes, the SmallCap Growth Composite is measured against the
Russell 2000 Growth Index.
MindShare Capital Management, LLC has prepared
and presented this report in compliance with the Global Investment
Performance Standards (GIPS®).
MindShare Capital Management, LLC is an independent
registered investment adviser. The firm maintains a complete list
and description of composites, which is available upon request.
Results are based on fully discretionary accounts
under management, including those accounts no longer with the firm.
Past performance is not indicative of future results.
The U.S. Dollar is the currency
used to express performance. Returns are presented gross and net
of management fees and include the reinvestment of all income and
the deduction of trading costs incurred in the management of the
account. Net of fee performance was calculated using the actual
management fee charged to each fee paying account. The annual composite
dispersion presented is an asset-weighted standard deviation calculated
for the accounts in the composite the entire year. Additional information
regarding policies for calculating and reporting returns is available
upon request.
The management fee schedule
is as follows: Institutional accounts: 1.00% on all separately managed
accounts. Retail clients may select one of the following options:
Option A: 2.25% on accounts between $100,000 and $1,000,000; 1.75%
on accounts between $1,000,001 and $5,000,000; Negotiable on accounts
over $5,000,001; or Option B: 1% of assets under management, plus
20% of all client portfolio returns in excess of the return achieved
by the Russell 2000 Growth Index. In order to be eligible for Option
B, client must have a net worth of at least $1.5 million or at least
$750,000 of assets under management with adviser. Actual investment
advisory fees incurred by clients may vary.
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Total Firm |
Composite Assets |
Annual Performance Results |
|
Yr
End |
Assets
(thsnds.) |
USD
(thsnds) |
% of Non-Fee-Paying |
# of Accts |
Comp.
Gross
|
Comp.
Net
|
Russell
2000 Growth
|
Comp.
Dispersion
|
2007 |
115,145 |
11,042 |
4% |
53 |
18.30% |
16.16% |
7.05% |
1.7% |
|
2006 |
46,691 |
9,918 |
3% |
56 |
9.72% |
7.71% |
13.35% |
2.0% |
|
2005 |
11,124 |
9,874 |
3% |
57 |
3.78% |
1.82% |
4.15% |
1.5% |
|
2004 |
10,947 |
10,250 |
3% |
56 |
11.48% |
9.33% |
14.31% |
1.3% |
|
2003 |
6,267 |
6,267 |
4% |
36 |
91.66% |
87.86% |
48.54% |
4.5% |
|
2002 |
2,364 |
2,364 |
6% |
21 |
(20.75%) |
(22.36%) |
(30.26%) |
3.5% |
|
2001 |
2,541 |
2,541 |
6% |
18 |
24.90% |
22.36% |
(9.23%) |
3.0% |
|
2000* |
10,947 |
1,681 |
8% |
17 |
(18.94%) |
(19.97%) |
(21.05%) |
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*Results shown for the year 2000 represent partial
period performance from May 1, 2000 through December 31, 2000.
The SmallCap Growth Composite was created April
8, 2000. MindShare Capital Management, LLC's compliance with the
GIPS standards has been verified for the period April 8, 2000 through
December 31, 2007 by Ashland Partners & Company LLP. In addition,
a performance examination was conducted on the SmallCap Growth Composite
beginning May 1, 2000. A copy of the verification report is available
upon request.
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