Disclosure
MindShare
Capital Management LLC's SmallCap Turnaround Growth Equity
Performance Description:
MindShare's SmallCap Turnaround Growth Composite contains fully
discretionary SmallCap Turnaround Growth accounts and for comparison purposes, is
measured against the Russell 2000 Growth Index.
MindShare Capital
Management LLC has prepared and presented this report in
compliance with the Performance Presentation Standards of the
Association for Investment Management and Research (AIMR-PPS),
the U.S. and Canadian version of the Global Investment
Performance Standards (GIPS). AIMR has not been involved
in the preparation and review of this report.
MindShare Capital
Management, LLC is an 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. Non-fee paying
accounts are included in the composite. Leverage is not
used in this composite. 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 and the deduction of trading costs
incurred in the management of the account. Gross returns
will be reduced by investment advisory fees and other expenses
that may be incurred in the management of the account.
The annual composite dispersion presented is an asset weighted
standard deviation calculated for the accounts in the
composite at the entire year end.
Separate Account Fee Schedule:
1.00%
on all separately managed accounts
$5 million minimum account size
The following is presented for
informational purposes:
|
Year End |
Total Firm Assets (thousands) |
Composite Assets |
Annual Performance Results |
|
U.S. Dollars (thousands) |
% Non-Fee Paying |
Number of Accounts |
Composite Gross |
Composite Net |
Russell 2000 Growth |
Composite Dispersion |
|
2005 |
11,124 |
$1,113 |
78% |
Five or fewer |
23.55% |
23.45% |
4.15% |
N/A |
|
2004 |
10,947 |
$697 |
100% |
Five or fewer |
4.77% |
4.77% |
3.59% |
N/A |
The SmallCap Turnaround Growth composite was created November
30, 2004.
Compliance with the AIMR-PPS has been verified firmwide by
Ashland Partners & Company LLP from April 8, 2000 to March 31,
2005. In addition, a performance examination was
conducted on the SmallCap Turnaround Growth composite beginning
December 1,
2004.
Disclosure
Statement
(As required by SEC Rules and Regulations)
Greg Reid Associates, Inc., Walpole, Massachusetts, serves as an
independent agent and marketing representative for MindShare
Capital Management located in St. Louis, Missouri. Greg Reid
Associates, Inc. is compensated for its services by MindShare
Capital Management
in the
form of an annual marketing retainer fee. In addition, for
the production and retention of new business generated,
Greg Reid Associates, Inc.
receives a percentage of MindShare Capital Management's asset management
fees. No additional
amount is added to MindShare Capital Management’s investment
advisory fee as a result of Greg Reid Associates’ role in the
solicitation of new business for them.
Past
performance is not a guarantee of future results. A full list of
holdings is available upon request.
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