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HomeMy WebLinkAboutFifth Third 65650006617682 Nov 2013 • 04-1129 211m " Investment Account 65-65-000-6617682 11/01/2013- 11/30/2013 FIFTH THIRD BANK CITY OF CARMEL POLICE PENSION Investment Account 65-65-000-6617682 PETS of C PENSION FU CITY ND ND POLICE Account Contacts — CHERYL COOPER (317) 383-2795 — THOMAS BLAIR(317)383-2479 — GEORGIA CAMPBELL(317)383-2279 INVESTMENT ALLOCATION SUMMARY.. . `"' ; �....... .-. I ❑ Cash and Equivalents- 100°1 Last Statement This Statement Percent of Est.Annual Estimated Description Market Value Market Value Assets Income Yield Cash and Equivalents $654,421.08 $654,426.55 100% $65.44 0,00/0 Lai) Total Account Value $654,421.08 $654,426.55 100% $65.44 0.0% " Net change in total account value 0.0%Increase ACCOUNT SUMMARY ACCOUNT OVERVIEW. Cash Investments* Total Current Period Calendar YTD Beginning Balance $654,421.08 0.00 $654,421.08 Income Earned Income $5.47 $5.47 Interest $5.47 $12,939.40 Ending Balance $654,426.55 0.00 $654,426.55 Total Income Earned $5.47 $12,939.40 Investments represent the activity in your equity,bond F&other security holdings Distributions Cash $0.00 $(1,900,000.00) REALIZED GAIN/(LOSS) SUMMARY Total Distributions $0.00 $(1,900,000.00) Security Transactions Current Period YTD Sales $0.00 $1,065,000.00 Short-term gain/(loss) $0.00 $(11,918 29) Net Security Transactions $0.00 $1,065,000.00 Long-term gain/(loss) $0.00 $(7,954.55) Change in Market Value $0.00 $(5,081.85) Net realized gain/(loss) $0.00 $(19,872.84) P INVESTMENT OBJECTIVE Capital Preservation Capital preservation with an expectation of principal stability,and an emphasis on current income. M O m Oy Investment Account 65-65-000-6617682 Page 1 of 4 04-1129 Investment Account 65-65-000-6617682 11/01/2013 - 11/30/2013 FIFTH THIRD BANK CITY OF CARMEL POLICE PENSION PORTFOLIO POSITIONS Current Market 0/0 of Cost Accrued Est.Annual Est. Quantity Symbol Description Price Value Acct Basis Income Income Yield 0.5500 CASH $1.000 50.55 0.0% $0.55 Uninvested Cash- Total $0.55 00% $0.55 654,426.0000 FEDERATED PRIME VALUE $1.000 $654,426.00 100.00/0 $654,426.00 $5.49 $65.44 OBLIGATIONS FUND SERVICE SHARES CUSIP-99FEDPV01 Taxable- Total $654,426.00 100.0% $654,426.00 $5.49 $6544 Cash&Equivalents- Total $654,426.55 100.0% $654,426.55 $5.49 $65.44 Total Portfolio Positions $654,426.55 100.0% $654,426.55 $5.49 $65.44 • Investment Account 65-65-000-6617682 . . 9 *r.fi Pa e 2 of 4 ID • • • 04-1129 Investment Account 65-65-000-6617682 11/01/2013- 11/30/2013 FIFTH THIRD BANK CITY OF CARMEL POLICE PENSION ACCOUNT ACTIVITY Cost Date Description Basis Cash LfS.hove€nment Interest 11/01/13 FEDERATED PRIME VALUE $5.47 OBLIGATIONS FUND SERVICE SHARES INTEREST Total U.S. Government Interest $5.47 CasH.Egvivalents.Pur"cHases , o 11/29/13 FEDERATED PRIME VALUE $5.00 $(5,00) OBLIGATIONS FUND SERVICE SHARES MONTHLY MONEY MARKET DEPOSIT Total Cash Equivalents Purchases $5.00 $(5.00) * * * * End of statement for Investment Account 65-65-000-6617682* * * * • r a 0 O O T O rn Z 2 Q 0 0 N m O aO H Investment Account 65-65-000-6617682 Page 3 of 4 Investment Account 65-65-000-6617682 FIFTH THIRD BANK 11/01/2013- 11/30/2013 CITY OF CARMEL POLICE PENSION :am EXPLANATION OF INVESTMENT MANAGEMENT AND TRUST ACCOUNT TERMS • = Fifth Third receives payments known as revenue sharing from certain mutual fund families and may receive financial incentives for the sale of certain mutual funds Fifth Third may benefit financially From the receipt of revenue sharing payments from the advisers and distributors of the mutual fund families.Revenue sharing payments are in addition to standard sales loads,annual service fees(referred to as Rule 12b-1 fees),expense reimbursements,sub-transfer agent fees for maintaining customer account information,providing administrative services for the mutual funds(shareholder accounting and networking Fees),and any reimbursement For education, marketing support and training-related expenses.For more informadon about fees,please ask your relationship manager. The bank may allow cash to be overdrawn from time to time if there is insufficient available cash in the account to fund the accounts obligations.However,subsequent additions of cash to the account may be maintained as a non-interest bearing deposit in the account for such time as required so that the time and dollar-weighted basis is equivalent to the time and dollar-weighted basis of the aggregated overdraft balances, These non-interest bearing deposits are intended to compensate the bank for any overdrafts that previously occurred. Distributions paid by check from plans are processed through an omnibus account in the name of Fifth Third Bank, The Float period on distributions commences upon the issuance of the distribution check. The float period on distributions ends upon the earlier of presentation of the distribution check for payment, or the expiration of 180 days(wherein such tin-cashed amounts will be placed back into the trust of the distributing plan). Float earnings associated with the payments are retained as compensaton for handling of benefit payments.Distributions paid by direct deposit,or wire,do not generate float earnings. Contributions received by Fifth Third Bank pending investment direction from plan fiduciaries will be processed through an omnibus account in the name of Fifth Third Bank. Float earnings associated with contributions are retained as compensator for handling contribution receipts. Contributions received where there are standing investment directions, or which are received with specific investment directions will not generate float earnings. The float earnings received are calculated daily using the current effective federal funds rate that is specified at the New York Fed website: http://www.newyorkfed.org/markets/omo/dmm/fedfundsdata.cfm. • Realized Gain/(Loss)on Sale of Securities-has been computed by comparing the selling price of securities to the cost data,Although figures are intended to be accurate,the cost data and realized gain/(loss)data should not be used for tax purposes. Please consult your tax advisor. The Current Prices and Est.Annual Income shown herein are obtained from sources that we believe are reliable, but they are not guaranteed and are listed for purposes of information only. The Est.Yield shown herein represents the income distribution rate that is determined by dividing the est.annual income by the market value. This statement may include certain assets or class of assets,including but not limited to, non-publicly traded and infrequently traded securities, pooled private investments,derivatives,partnership interests,and tangible assets for which there is no readily available market value. The values provided in this statement for such assets are internally generated estimates or values which may have been provided to us by third parties who may not be independent of the issuer or manager. These valuations are unaudited and not guaranteed for accuracy, reliable value or currency. Such valuations are generally based on the most recent values provided or estimated. However,updates and estimates are only obtained on an infrequent basis. Life Insurance policies, with the exception of Term policies and Group policies,are priced at least annually based on information provided by the issuer. Term Life and Group Life policies are valued at 51.00. The market value informatlon furnished on this statement has been obtained from sources that we believe to be reliable and is furnished for the exclusive use of the client. We make no representation,warranty or guarantee, express or implied,that any stated value represents the actual price at which the asset could be bought or sold or new transactions could be entered into,or that such value represerm the actual terms upon which existing transactions could be completed. Additionally,you may not rely on this valuation for tax reporting,credit applications,etc. The Change In Market Value represents the portion of the overall change in your investment account balance between This Statement and Last Statement that is the result of changes in the value of the securities held in your portfolio due to market fluctuations. The Net change in total account value% represents the percentage that your Total Account Value increased or decreased between This Statement and Last Statement. It is calculated by subtracting Total Account Value Last Statement from Total Account Value This Statement and then dividing by Total Account Value Last Statement. This percentage change does not represent the investment performance of your account. A copy of the most recent audited financial statements for your common or collective fund holdings or a copy of the prospectus for any of your mutual fund holdings is available upon request.Please contact your trust officer for guidance on how to request a copy. • Fifth Third Bancorp provides access to investments and investment services through various subsidiaries. Securities,Investments and Investment Services: Are Not FDIC Insured Offer No Bank Guarantee May Lose Value ©2012 Fifth Third Bank Are Not Insured By Any Federal Government Agency ' Are Not A Deposit Page 4 of 4 • S