SLA CONFERENCE 2002 LOS ANGELES, CA

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SLA CONFERENCE 2002LOS ANGELES, CA
Sources of Mutual Fund Information

• Lipper / A Reuters Company Robin Thurston
• Morningstar, Inc. Don Phillips
• State Street Research Jacqueline Lynch

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Fund Flows

• Investment Company Institute
• www.ici.org
• Mutual Fund Facts and Figures
• Current Statistical Releases
• Mutual Fund FactBook

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Fund Flows

• AMG Data Services
• www.amgdata.com
• Detailed monthly and broad weekly data from web
  site
• Fund Flows from Banc of America Securities

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Fund Flows

• Financial Research Corporation
• www.frcnet.com
• Monthly and year-to-date net flows by category
  and fund family
• Assets and net flows of best-selling fund group
  and best-selling funds

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Fund Flows

• Lipper Fund Market Flows Report
• Monthly and year-to-date net flows by Lipper
  classification and asset class
• Written analysis of the trends that are occurring
  with asset flows and how it ties to ratings and
  performance

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Holdings Data

• 13F Filings from EDGAR and other SEC services
• Bloomberg
• Morningstar
• AMG Data Mutual Fund Holdings
• Lipper

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News Services

• Ignites.com, FundFire.com
• MutualFundWire.com, 401kWire.com
• Mutual Fund Market News Wednesday e-mail
• Brill.com/News

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Market Studies

• Cerulli Associates
• www.cerulli.com
• Whats New page
• Financial Research Corp.
• www.frcnet.com
• Market Studies page
• Strategic Insights
• www.sionline.com
• Lipper Research
• www.lipperweb.com

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Databases

• Access/FRC, a Financial Research Corporation
  product www.frcnet.com
• Fund Services at Standard Poors
  www.standardandpoors.com
• LANA Hindsight, Lipper products
  www.lipperweb.com
• Principia DataLab-Morningstar products
  www.morningstar.com
• SimFund, a Strategic Insights product
  www.sionline.com
• Vestek Select, a Thomson Financial product
  www.vestek.com

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Miscellaneous

• FeeandExpense.com
• Fee and expense history broker data SEC filings
• SECs EDGAR site search engine
• Custom mutual fund searches

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SLA CONFERENCE 2002LOS ANGELES, CA
Sources of Mutual Fund Information
Lipper / A Reuters Company Robin
Thurston Morningstar, Inc. Don Phillips State
Street Research Jacqueline Lynch
SSR-6016-0602
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Lipper A Reuters Company

• Robin Thurston
• Global Director of Research, Media, Marketing
• robin.thurston_at_lipper.reuters.com
• [phone]

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Who is Lipper?

• Founded in 1973
• Helping institutions, intermediaries, and
  investors track and understand mutual funds
• Tracking 80,000 funds in 16 financial centers
  globally
• Information is delivered via desktop applications
  (LANA), data feed services, fact sheets, web
  solutions, and Reuters terminals
• Delivering the latest data to hundreds of
  influential newspapers, magazines, and websites

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The New Lipper

• Dedicated focus on investment companies and media
  clients
• New focus on intermediaries and individual
  investors
• Reinvigorated brand positioning -- Leading Fund
  Intelligence and a new Lipper logo
• Reinvigorated with Reuters investment in
  technology infrastructure and distribution
• Global company management and resources
• Local focus local language and dedicated local
  staff

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New Directions for Lipper

• Helping fund companies manage against their
  competition with the industrys first active
  indices
• Continuing excellence in institutional desktop
  applications with LANA (US) and Hindsight
  (Offshore)
• Partnering with industry leaders
• Introducing innovative products for financial
  intermediaries
• Building strong partnerships with Reuters and its
  subsidiaries to offer the highest quality
  financial information and client solutions

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Lipper Institutional Products

• Holdings Based Indices
• LANA
• Hindsight

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Lipper Holdings Based Indices

• Fund performance is usually compared to
  competitors
• Managers often benchmark their portfolios against
  passive indices, like SP or Russell, because
  there is no good active index for comparison
• For the first time, active managers can compare
  themselves to active indices
• A large-cap value fund manager can compare their
  holdings with that of the average large cap value
  manager
• As a result, superior sector allocation and
  security selection should result in an excellent
  chance of outperforming competitors

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Active Indices There is a difference!
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LANA US

• Information on open-end, closed-end, and variable
  annuity funds back to 1959 - updated weekly
• Performance rankings information
• Total Return, After-Tax, SEC, Gross,
  Load-Adjusted
• Lipper Leaders ratings
• Detailed information on advanced calculations
  used to create each measure
• Expense and asset information dating back 25
  years
• Risk information
• MPT, Lipper measures, best-fit index
• Portfolio Information
• P/E, P/B, turnover, duration, asset allocation

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Hindsight Offshore

• Comprehensive historical database of fund prices
  and dividends for all major European, Asian and
  Offshore Fund markets daily fund price updates
• Daily Index and Currency databases for benchmark
  comparison and cross-market analysis
• Integrated Reporting Charting Tools, including
  drag drop functionality for instant graphing
• Over 30 performance and modern portfolio based
  statistics to choose from
• Custom Report/Chart Templates User Workspaces
• Historical Lipper Leaders Scores

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Lipper Products for Intermediaries

• Barra Relationship
• Lipper Leaders
• Fund Fact Sheets

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Barra Partnership

• Partnering with Barra to develop the most highly
  advanced risk monitoring application in the
  industry for financial intermediaries
• Marries risk-management leadership of Barra with
  the fund analysis of Lipper
• Will allow financial advisors to put a funds
  risk profile under a microscope
• Intuitive and understandable

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Innovative Solutions for Financial Intermediaries!

• The Lipper Leader System www.lipperleaders.com
• Releasing a highly sophisticated fund screening
  tool for financial intermediaries. The Lipper
  Mutual Fund Monitor allows the user to see
  personal Lipper Leader Score Cards for each
  clients funds
• NASD approved print-on-demand fund fact sheets
  will be available with one click from the Lipper
  Mutual Fund Monitor
• Lippers new FundMarket Insight and FundFlows
  Insight reports will be accessed through this new
  application, delivering sophisticated analysis of
  the latest fund industry trends

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Lipper Leaders Funds that Fit!

• Not just the right fund..
• But the right fund for the individual investor!
• Selection is a two part process
• What goal is the most important to the investor?
• Which funds are best at meeting those goals?
• As a starting point every investor should review
  their Lipper Leader Score Card

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Lipper Leaders Funds that Fit!

• Every measure ranked 1 5 / best worst
• Top 20 scored Lipper Leaders
• All measures scored within Lipper Classification
  (except Preservation not intuitive to have
  Small-Cap Growth or Emerging Markets funds as
  LLs for Preservation)
• Simple and Easy to use!

BEST
WORST
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Lipper FundFact Sheets
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Lipper Leaders
Lipper Classifications
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A Quote

• GIVE ME A PLACE TO STAND AND I CAN MOVE THE
  WORLD
• Archimedes, Syracuse 200 BC