GRID^®/CA$H™ Databases

GRID^® (Graphical Ranking of Investment Descriptors) and CA$H™ are proprietary databases of investment manager performance results, related statistics and distinguishing product characteristics maintained by Yanni Partners. The databases contain composite and/or individually managed portfolio results, commingled fund and mutual fund information from approximately 1,200 investment managers, representing over 5,000 investment products across all asset classes. There is no charge to participate in these databases and the product specific information submitted is for the sole use of Yanni Partners.

CA$H™ - a companion to the GRID^® database - is limited to managers of short-term liquid money market instruments. For inclusion in this database, investment products must have characteristics that fall within specific guidelines. For example, the average maturity of a product must be less than 120 days, with no one issue greater than 13 months. Product assets must exceed $10 million and the instruments used must maintain a high level of liquidity with little to no risk of principal.

On a quarterly basis, performance and statistical peer group universes are constructed from the data within both databases for client reporting and other consulting projects. Additionally, the GRID^® and CA$H™ databases serve as the primary resource for Yanni Partners' consulting staff when conducting manager research projects, including search cases.

Managers who participate in these databases must maintain up-to-date performance results as well as company and product specific profile questionnaires in order to be considered in the universe of potential investment candidates. Responses to investment style characteristics such as capitalization, portfolio selection, maturity and duration, asset allocation, and many others are coded to better identify each investment product.

The majority of the data represented in both the GRID^® and CA$H™ databases is collected through the GRID^® Database Website, which provides investment managers full control over how their products are presented.