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KLD INVESTMENT MANAGEMENT, LLC
CAPTIAL APPRECIATION COMPOSITE
ANNUAL DISCLOSURE PRESENTATION
| |
Total Firm |
Composite Assets |
Annual Performance Results |
| Year |
Assets |
USD |
Number of |
KLD Composite |
S&P |
Russell |
|
|
Composite |
| End |
(millions) |
(millions) |
Accounts |
Gross |
Net |
500 |
2000 |
DJIA |
NASDAQ |
Dispersion |
| 2007 |
85 |
68 |
241 |
7.51% |
6.52% |
5.49% |
(1.56%) |
8.87% |
9.81% |
6.4% |
| 2006 |
75 |
61 |
211 |
30.89% |
29.64% |
15.79% |
18.35% |
19.06% |
9.52% |
6.9% |
| 2005 |
57 |
49 |
242 |
24.86% |
23.66% |
4.89% |
4.56% |
1.74% |
1.38% |
12.4% |
| 2004 |
41 |
37 |
217 |
18.65% |
17.51% |
10.87% |
18.32% |
5.32% |
8.60% |
10.5% |
| 2003 |
34 |
29 |
199 |
47.26% |
45.82% |
28.70% |
47.25% |
28.26% |
50.03% |
13.6% |
| 2002 |
20 |
17 |
169 |
(2.40%) |
(3.30%) |
(22.10%) |
(20.48%) |
(15.00%) |
(31.50%) |
5.8% |
| 2001 |
19 |
15 |
129 |
80.31% |
78.74% |
(11.88%) |
2.49% |
(5.43%) |
(21.04%) |
43.7% |
| 2000 |
9 |
7 |
97 |
(12.17%) |
(12.91%) |
(9.10%) |
(3.03%) |
(4.84%) |
(39.28%) |
9.6% |
Capital Appreciation Composite contains fully discretionary, fee paying portfolios that invest in the capital appreciation strategy. For comparison purposes, the composite is measured against the S&P 500, Russell 2000, Dow Jones Industrial Average, and NASDAQ indices. The DJIA and NASDAQ indices are price appreciation only indices, and do not include reinvested dividends. Beginning July 1, 2006 the minimum account size for inclusion in this composite is $20,000 on a go forward basis. Prior to July 1, 2006 the minimum account size for initial inclusion in this composite is $1,500.
KLD Investment Management, LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).
KLD Investment Management, LLC is a fee only, 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. Net of fee performance was calculated using actual management fees. The annual composite dispersion presented is an asset-weighted standard deviation calculated net of fees for the accounts in the composite the entire year. Additional information regarding the policies for calculating and reporting returns is available upon request.
The management fee schedule is as follows: 1.0% on the first $500,000; fees are negotiable on capital amounts over $500,000. Actual investment advisory fees incurred by clients may vary.
The Capital Appreciation Composite was created May 2006. KLD Investment Management, LLC’s compliance with the GIPS standards has been verified for the period January 1, 2000 through December 31, 2007 by Ashland Partners & Company LLP. In addition, a performance examination was conducted on the Capital Appreciation Composite beginning January 1, 2000. A copy of the verification report is available upon request.
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