What is Hammond’s investment performance track record?
Hammond Associates’ institutional clients have fared well versus the Russell/Mellon Total Fund Universe (educational and foundation portfolios with $10M – $100M in assets) over the past 1-, 3-, 5- and 10- year periods. For example, more than 90% of Hammond clients rank in the top half compared to Russell/Mellon Total Fund Universe. Client returns, net of investment fees are described in the table below. Hammond Associates’ Client Returns (Annualized) – All Institutional Portfolios1 As of 3/31/2010 1 Yr (%) 3 Yrs (%) 5 Yrs (%) 10 Yrs (%) Median 31.0 -0.7 4.9 5.1 Low 25.5 -1.9 4.1 4.5 High 35.1 0.3 5.4 5.4 Benchmark2 36.0 -0.8 3.3 1.7 1Past performance is no guarantee of future results.
