Mothly Performance
% utilization
| |
Jan |
Feb |
Mar |
Apr |
May |
June |
July |
Aug |
Set |
Oct |
Nov |
Dec |
Year |
|
| 2007 |
+4.4 |
+3.1 |
|
|
|
|
|
|
|
|
|
|
+7.6 |
|
| 2006 |
+3.6 |
+1.7 |
+5.4 |
+0.7 |
-3.8 |
-1.0 |
-4.0 |
+0.1 |
+7.3 |
+4.6 |
+7.3 |
-3.7 |
+18.8 |
|
| 2005 |
+0.1 |
+0.7 |
+0.9 |
-2.4 |
+2.4 |
+6.4 |
+0.5 |
-2.9 |
-3.1 |
-2.1 |
+1.5 |
+3.3 |
+4.9 |
|
| 2004 |
+1.7 |
-0.7 |
+1.4 |
-5.0 |
-4.3 |
-4.2 |
-6.0 |
-2.2 |
+2.5 |
+0.0 |
+1.4 |
+4.1 |
-11.2 |
|
| 2003 |
+2.9 |
+0.5 |
-0.7 |
+2.3 |
+0.8 |
-0.1 |
+1.7 |
+1.8 |
-0.4 |
-0.1 |
-2.4 |
-0.5 |
+6.0 |
|
| 2002 |
+8.2 |
+3.5 |
+0.9 |
-1.4 |
+0.8 |
-2.3 |
-9.5 |
+3.1 |
+2.2 |
-0.4 |
+5.6 |
-4.2 |
+5.3 |
|
| 2001 |
+13.9 |
-3.7 |
-5.7 |
+7.5 |
+6.4 |
+4.0 |
-3.1 |
+7.1 |
-7.9 |
+6.4 |
+1.8 |
+0.2 |
+27.4 |
|
| 2000 |
-15.0 |
-3.9 |
+39.9 |
-1.6 |
-10.7 |
-1.0 |
+3.8 |
+8.0 |
+4.9 |
+3.4 |
-6.3 |
-8.7 |
+3.4 |
|
| 1999 |
-0.3 |
+8.2 |
+15.3 |
-0.2 |
+4.9 |
+1.3 |
-0.4 |
-13.2 |
-2.5 |
+1.4 |
+7.3 |
+6.3 |
+28.6 |
|
Note: Returns shown above are actual, which reflect the
absence of a performance fee in 2005 and only a partial
fee in 2006 due to
a loss in 2004. If performance fees were applied, returns
for 2005 and 2006 would have been 3.9% and 17.3%, respectively.
Effective August 2004, Mosaic Partners’ portfolio management
practice was hanged in order to reduce risk and volatility.
We ceased shorting individual stocks at that time and instead
hedged market and sector exposure thru indices and ETFs.
This changed eliminated our exposure to the risk of being
short individual stocks and created more time to identify
and
analyze profitable opportunities on the long side.
| |
Before Change
71 months
9/98—7/04 |
After
Change
31 Months
8/04—2/07 |
Since
Inception
102 Months
9/98—2/07 |
Since
Inception
S&P 500 |
|
|
| Annualized
Return-Mosaic |
+9.0% |
+15.3% |
+10.9% |
+4.2% |
|
| Standard Deviation (Annualized) |
25.7% |
11.6% |
22.3% |
14.3% |
|
| Maximum Draw Down |
-19.7% |
-8.6% |
-19.7% |
-20.5% |
|
| %Gain
Periods |
52.1% |
71.0% |
57.8% |
59.8% |
|
| Sharpe
Ratio (T-bill) Annualized |
+0.23 |
+1.02 |
+0.34 |
+.06 |
|
| Alpha
- Monthly |
+0.55% |
+0.61% |
+0.57% |
N/a |
|
| Beta
- Monthly |
0.67 |
0.67 |
0.67 |
1.00 |
|
| Correlation
w/ S&P 500 (R-Squared) |
0.19 |
0.15 |
0.19 |
N/A |
|
| Average
Net Long Exposure |
58% |
56% |
57% |
100% |
|
General Partner: Mosaic Investments LLC
Subscriptions:
Monthly
Prime Broker: Baypoint Prime Brokerage
Redemptions: Quarterly
with 30 days notice (After 12 months)
Auditor: Harb, Levy & Weiland LLP
Legal Counsel: Eric Brill, Esq.
Fees: 1.5% Management Fee, 20% Performance Fee
Total AUM: $9.2 Million
Minimum Contribution: $250,000
High Water Mark: Yes |
