Meeting documents

Pension Fund Committee
Wednesday, 25 February 2009

ÐÏࡱá>þÿ DþÿÿÿþÿÿÿCÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ  ÍÉÀá°Áâ\plinda.maitland B°aÀ=œ¯¼=xiL;w8X@"·Ú1ÈÿlArial1ÈÿlArial1ÈÿlArial1ÈÿlArial1Èÿ¼lArial1ÈÿlArial1È lArial1ðÿ¼lArial1È lArial1È$lArial"£"#,##0;\-"£"#,##0"£"#,##0;[Red]\-"£"#,##0"£"#,##0.00;\-"£"#,##0.00#"£"#,##0.00;[Red]\-"£"#,##0.005*0_-"£"* #,##0_-;\-"£"* #,##0_-;_-"£"* "-"_-;_-@_-,)'_-* #,##0_-;\-* #,##0_-;_-* "-"_-;_-@_-=,8_-"£"* #,##0.00_-;\-"£"* #,##0.00_-;_-"£"* "-"??_-;_-@_-4+/_-* #,##0.00_-;\-* #,##0.00_-;_-* "-"??_-;_-@_-¤0.02¥-_-* #,##0.0_-;\-* #,##0.0_-;_-* "-"??_-;_-@_- ¦0.0%§"Yes";"Yes";"No"¨"True";"True";"False"©"On";"On";"Off"]ª,[$¬ -2]\ #,##0.00_);[Red]\([$¬ -2]\ #,##0.00\)àõÿ À àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ àõÿ ôÀ à À à+õÿ øÀ à)õÿ øÀ à,õÿ øÀ à*õÿ øÀ à ôÿôÀ à ôÿôÀ à õÿ øÀ à H à#X à"x à X à X à "X à \ à1 \ à !X à!X à @ à P à p@@ à p@ à p@ à p à"p@ @ à"pQ@  à"p@ @ à p@  à p  à"p@  à"pQ@  à"p@  à¥"t@ à¥"tQ@ @ à¥"t@ à `P  à¥"tQ@  ॠt@ ॠtQ@  à"p@  à¤"|P  à"P à¤"tQ@  à¤"|@ à¤"|Q@  à¤"|@  à"pP  à¤"T à"p  à !p à!p à x à x@ à x à¤"|@  à¤"|P  à¤"|@ à¤"|Q@  à pP@  à pP  à¤"|P@  à¤"|QP@  à¤"|P@  à"p à!X à H à"pQ@ @ à"p@@ ॠt@ à"p@ à¤|@ à¤"t@ à¥"|@ à¥"|Q@  à¤|@ à"pP@  à"pQP@  à¥"t@ @ ॠt@  à¤|@  à¥"|@  à¤|@  à¤"|P@  à `@ à ` à `P  à `@  à `Q@  à¤"t@  à1|@ à1|@ à1|Q@  à"x@  à"pP@  à¥"|@ à¤"|@ ठ|Q@  ठ|@ à¤"|@ à¤"| à pU@ @ à pU@  à1 tU@  à"p @ à"p@ à pU@  à"p  à"p@  à¥"t ॠt ঠtU@  à tU@  à¤| à¤|@ à1"|Q@  à& tU@  à lU@  à& dU@  à& |U@  à xU@  à) tU@  à1| à1"|@ à |U@  à xU@  à¤| ठ"|Q@  à pUP@  à¤"tP  à¤"tQP@  à¤"tP@  à!X à*p@@ à"pP @ à p@  à pP  à*pP @ à(p@  à(pP  à(pP @ à(p@ à(pP  “€ÿ“€ÿ“€ÿ“€ÿ“€ ÿ“€ÿ“€ÿ“€ÿ`…}Combined… Ÿ6UBS… ûCOtherŒ,®‰ “CSuperannuationPension Fund Committee MeetingsP Fund Ctte meetings 2007.08Pension Fund Committee May 2008Spreadsheets updated for changes.XLSOverall Valn (Table 1) UBS (Table 2)AB & L&G (Table 3)Legal & General (Table 4)Quarterly Transactions (Tbl 5) Other Investments (Table 6)VC Transactions (Table 7)PERFORMANCE (Table 8) UBS (Table 9)Other (Table 10)Y Z  ”ÏAZ àŒõ@Z Ð, AZ  5é@Z qå@Z €f×@Z À(è@Z à˜î@Z @ ð@Z  à6à@Z #`Zç@Z 'á@®ÁÁ"¾üº3'OXFORDSHIRE COUNTY COUNCIL PENSION FUNDCombined Portfolio% Weighting of Fund as at BENCHMARK OXFORDSHIREASSETRETURN TOTAL FUND%GLOBAL EQUITIES UK EQUITIESOVERSEAS EQUITIESUK GOVERNMENT BONDSUK CORPORATE BONDSOVERSEAS BONDSUK INDEX LINKED GILTSPRIVATE EQUITY HEDGE FUNDSPROPERTY ASSETSTACTICAL ASSET ALLOCATION FUNDCASHy figures. However, the actual return made by the TAA Fund is included within the Oxfordshire Total Fund return figures.UK GILTSUK INDEX LINKEDPROPERTY TOTAL ASSETS$Alliance Bernstein - Global EquitiesNorth American EquitiesEuropean Equities Japanese Equities Pacific Basin (excl. Japan)Emerging Market Units-Legal & General - UK Equities Passive Mandate,Baillie Gifford - UK Equities Active MandateLegal & General - UK Bonds:UBS Global Asset Management - Overseas Equities & Property 30 SEPT 200831st DECEMBER 2008!QUARTER ENDED 31st December 2008"9 MONTHS ENDED 31st December 2008%THREE YEARS ENDED 31st December 2008$FIVE YEARS ENDED 31st December 20086.5Ä* The Tactical Asset Allocation Fund was in operation from 1 December 2005 to September 2008. 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