Professional Documents
Culture Documents
Dear Joe:
It was a pleasure meeting you . I have enclosed the following for your review:
• A general brochure on our company, which also includes all the unions we manage
nationally.
• A list of our union custo m I' in New York State.
• Our Fixed, Balanced and Equity Performance.
• The Finest 50 Port folio, although in existence for three years , was an o utgro wth of our
Select Blue Chip style. Almost all our union funds use the Finest 50 and we strongly
recommend you consider it for mid-cap equities.
• Our Balanced Portfolios are with client guidance. The ave rage is abo ut 50% in Equities.
Those who had a higher exposure to Equities (like your fund) had better performance
over the past few years.
• I have included charts put out by the "P iper" niversc, whic h ha ws how we rate against
other manage rs.
• A bar chart that shows you where most of the co mp anies fall in the Finest 50. As you can
see, the majOli ty are in the mid-cap area.
Joe, we would like to have the opportunity to make a presentation to the Sergeants ' Annuity
Fund. I will follow-up wit h John in the next couple of weeks.
Sincerely,
K~I~' # ~~
Kenneth H. Singer
QJL '
J I~
Senior Vice Presi dent
l icv
ene. GOVERNMENT
EXHIBIT
cc: John Renek
GI -6