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*Performance return information from 9/30/98 to 12/31/98. All other information is as of 12/31/98. Rigel Capital LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®). The Rigel Large Cap Growth Composite consists of non-taxable, fully discretionary accounts with a large-cap growth objective utilizing a bottom-up approach for the selection of stocks of US companies with market capitalization of $5 billion and more that show strong growth characteristics. The inception of the composite strategy is 9/30/1998. The Rigel Large Cap Growth Composite was created on 6/30/1999. The minimum asset level for an account to be included in the Rigel Non-Taxable Equity Large Cap Growth Composite is $5,000,000. Accounts are excluded if they fall below $4,000,000 and remain there for one year. Rigel has been verified for the period September 30, 1998 to December 31, 2006 by Absolute Performance Verification. A copy of the verification report is available upon request. Rigel has calculated dispersion using an equal weighted standard deviation formula for the underlying composite accounts that have been in the composite for the entire year. To obtain a complete list and description of Rigel’s composites or additional information regarding policies for calculating and reporting returns, please contact Lynn Rowley at 206.467.0070. The primary benchmark is the Russell 1000 Growth. The Russell 1000 Growth is constructed to provide a comprehensive and unbiased barometer of the large-cap growth market. Based on ongoing empirical research of investment manager behavior, the methodology used to determine growth probability approximates the aggregate large-cap growth manager's opportunity set. The secondary benchmark for the Rigel Large Cap Growth Non-Taxable Composite is the S&P 500. The S&P 500 is a representative sample of 500 leading companies in leading industries of the U.S. economy. Although the S&P 500 focuses on the large-cap segment of the market, it has over 80% coverage of U.S. equities. The composite differs from the content and asset allocation of the S&P 500 Index and the Russell 1000 Growth Index, both unmanaged indices. (Indices shown do not include transaction costs, management fees or other costs.) Fee schedule for the Rigel Non-Taxable Equity Large Cap Growth Composite is: 0.80% on first $10 million, 0.60% on next $20 million, 0.50% on next $20 million, 0.45% on next $50 million and 0.35% over $100 million Investment performance returns and market values are calculated in U.S. Dollars. Gross vs. Net of fees Performance: Gross of fees performance does not reflect the deduction of investment advisory fees and other expenses that would have been incurred in the management of the accounts. Net performance results reflect the deduction of investment advisory fees, brokerage or other commissions, and any other expenses that a client would have paid. A client’s actual return will be reduced by the advisory fees and any other expenses which may be incurred in the management of an investment advisory account. See Rigel’s Form ADV Part II for a complete description of investment advisory fees. The composite returns include the reinvestment of dividends and income. Returns have been geometrically linked using time-weighted monthly returns and are based on trade date valuations. Rigel Capital does not use leverage or derivatives in the management of accounts. Rigel only invests in U.S. Securities and up to 5% of ADR’s, all of which are listed on a U.S. Stock Exchange. The data shown represents past performance and offers not guarantee or representation of future results. Rigel
Capital, LLC Performance Results
|
|
Years Ended |
Asset Weight Total Gross of Fees Return (%) |
Asset Weight Total Net of Fees Return (%) |
Russell 2500 Growth Return (%) |
Number of Portfolios (end of period) |
Composite Dispersion (%) |
Composite Assets (USD millions) |
Total Firm Assets (USD millions) |
Percentage of Firm Assets |
Percentage of Non-Fee Paying Portfolios |
2007 |
28.69 |
28.16 |
9.69 |
6 |
.12 |
$84 |
$2,263 |
4.0% |
0% |
|
2006 |
6.72 |
6.4 |
12.26 |
7 |
.39 |
$130 |
$2,200 |
5.9% |
0% |
|
2005 |
3.58 |
3.2 |
8.17 |
4 |
.78 |
$100 |
$1,363 |
7.3% |
0% |
|
2004 |
17.04 |
16.7 |
14.59 |
3 |
.08 |
$57 |
$509 |
11.2% |
0% |
|
2003 |
48.26 |
47.5 |
46.31 |
2 |
0 |
$30 |
$323 |
9.3% |
0% |
|
2002 |
-13.10 |
-13.6 |
-29.09 |
1 |
0 |
$3 |
$125 |
2.4% |
0% |
|
2001* |
15.80 |
15.5 |
11.34 |
1 |
0 |
$3 |
$117 |
2.6% |
0% |
*Performance return information from 3/31/2001 to 12/31/2001. All other information is as of 12/31/2001.
Rigel Capital LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).
The firm, defined as Rigel Capital, LLC (Rigel), is an independent investment advisory firm headquartered in Seattle, Washington, and federally registered under the Investment Advisor Act of 1940. Rigel provides portfolio management services to private and institutional clients. Rigel Capital, LLC is a growth manager primarily investing in US growth equity securities.
The Rigel Small – Mid Cap Growth Composite consists of non- taxable, fully discretionary accounts with a small – mid cap growth objective utilizing a bottom-up approach for the selection of stock of US companies with market capitalization of $300 million to $8 billion that show strong growth characteristics. The inception of the composite strategy is 3/31/2001. The Rigel Small - Mid Cap Growth Non-Taxable Composite was created on 6/30/2001. The minimum asset level for an account to be included in the Rigel Small - Mid Cap Growth Non-Taxable Composite is $5,000,000. Accounts are excluded if they fall below $4,000,000 and remain there for one year. Rigel has been verified for the period September 30, 1998 to December 31, 2006 by Absolute Performance Verification. A copy of the verification report is available upon request. Rigel has calculated dispersion using and equal-weighted standard deviation formula for the underlying composite accounts that have been in the composite for the entire year. To obtain a complete list and description of Rigel’s composites or additional information regarding policies for calculating and reporting returns, please contact Lynn Rowley at 206.467.0070. The primary benchmark is the Russell 2500 Growth. The Russell 2500 Growth is constructed to provide a comprehensive and unbiased barometer of the small to mid-cap growth market. Based on ongoing empirical research of investment manager behavior, the methodology used to determine growth probability approximates the aggregate small to mid-cap growth manager's opportunity set. (The index shown does not include transaction costs, management fees or other costs.) Fee schedule for the Rigel Small - Mid Cap Growth NonTaxable Composite is: 1.00% on the first $10 million, 0.85% on the next $40 million and 0.75% over $50 million. Investment performance returns and market values are calculated in U.S. Dollars. Gross vs. Net of fees Performance: Gross of fees performance does not reflect the deduction of investment advisory fees and other expenses that would have been incurred in the management of the accounts. Net performance results reflect the deduction of investment advisory fees, brokerage or other commissions, and any other expenses that a client would have paid. A client’s actual return will be reduced by the advisory fees and any other expenses which may be incurred in the management of an investment advisory account. See Rigel’s Form ADV Part II for a complete description of investment advisory fees. The composite returns include the reinvestment of dividends and income. Returns have been geometrically linked using time-weighted monthly returns and are based on trade date valuations. Rigel Capital does not use leverage or derivatives in the management of accounts. Rigel only invests in U.S. Securities and up to 5% of ADR’s, all of which are listed on a U.S. Stock Exchange. The data shown represents past performance and offers no guarantee or representation of future results.
Rigel
Capital, LLC Performance Results
Rigel
Concentrated Large Cap Growth Composite
December
31, 2006 – December 31, 2007
|
Years Ended |
Asset Weight Total Gross of Fees Return (%) |
Asset Weight Total Net of Fees Return (%) |
Russell 1000 GR Return (%) |
Number of Portfolios (end of period) |
Composite Dispersion (%) |
Composite Assets (USD millions) |
Total Firm Assets (USD millions) |
Percentage of Firm Assets |
Percentage of Non-Fee Paying Portfolios |
|
2007 |
24.03 |
23.30 |
11.81 |
2 |
na |
$9.6 |
2,263 |
0.4% |
0.0 |
Rigel Capital LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).
The firm, defined as Rigel Capital, LLC (Rigel), is an independent investment advisory firm headquartered in Seattle, Washington, and federally registered under the Investment Advisor Act of 1940. Rigel provides portfolio management services to private and institutional clients. Rigel Capital, LLC is a growth manager primarily investing in US growth equity securities.
The Rigel Concentrated Large Cap Growth Composite consists of fully discretionary accounts with concentrated large-cap growth objective utilizing a bottom-up approach for the selection of stocks of US companies with market capitalization of $5 billion and above that show strong growth characteristics. The inception of the composite strategy is 12/31/06. The Rigel Concentrated Large Cap Growth Composite was created on 3/31/2007. The minimum asset level for an account to be included in the Rigel Equity Concentrated Large Cap Growth Composite is $2,000,000. Accounts are excluded if they fall below $1,500,000 and remain there for one year. Rigel has been verified for the period September 30, 1998 to December 31, 2006 by Absolute Performance Verification. A copy of the verification report is available upon request. Rigel has calculated dispersion using an equal weighted standard deviation formula for the underlying composite accounts that have been in the composite for the entire year. To obtain a complete list and description of Rigel’s composites or additional information regarding policies for calculating and reporting returns, please contact Lynn Rowley at 206.467.0070. The benchmark is the Russell 1000 Growth. The Russell 1000 Growth is constructed to provide a comprehensive and unbiased barometer of the large-cap growth market. Based on ongoing empirical research of investment manager behavior, the methodology used to determine growth probability approximates the aggregate large-cap growth manager's opportunity set. The composite differs from the content and asset allocation of the Russell 1000 Growth Index, an unmanaged index. (Indices shown do not include transaction costs, management fees or other costs.) Fee schedule for the Rigel Concentrated Large Cap Growth Composite is: 0.80% on first $10 million, 0.60% on next $20 million, 0.50% on next $20 million, 0.45% on next $50 million and 0.35% over $100 million Investment performance returns and market values are calculated in U.S. Dollars. The composite returns include the reinvestment of dividends and income. Returns have been geometrically linked using time-weighted monthly returns and are based on trade date valuations. Rigel Capital does not use leverage or derivatives in the management of accounts. Rigel only invests in U.S. Securities and up to 5% of ADR’s, all of which are listed on a U.S. Stock Exchange. The data shown represents past performance and offers not guarantee or representation of future results.
Rigel
Capital, LLC Performance Results
Rigel
All Cap Growth Composite
December
31, 2005 – December 31, 2007
|
Years Ended |
Asset Weight Total Gross of Fees Return (%) |
Asset Weight Total Net of Fees Return (%) |
Russell 3000 GR Return (%) |
Number of Portfolios (end of period) |
Composite Dispersion (%) |
Composite Assets (USD millions) |
Total Firm Assets (USD millions) |
Percentage of Firm Assets |
Percentage of Non-Fee Paying Portfolios |
2007 |
21.89 |
20.69 |
11.41 |
4 |
0.04 |
$77 |
$2,263 |
3.4% |
0.0% |
|
2006 |
5.27 |
4.54 |
9.46 |
2 |
1.74 |
$24 |
$2,200 |
1% |
0.0% |
Rigel Capital LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).
The firm, defined as Rigel Capital, LLC (Rigel), is an independent investment advisory firm headquartered in Seattle, Washington, and federally registered under the Investment Advisor Act of 1940. Rigel provides portfolio management services to private and institutional clients. Rigel Capital, LLC is a growth manager primarily investing in US growth equity securities.
The Rigel All Cap Growth Composite consists of fully discretionary accounts with an all-cap growth objective utilizing a bottom-up approach for the selection of stocks of US companies with market capitalization of $300 million and above that show strong growth characteristics. The inception of the composite strategy is 12/31/2005. The Rigel All Cap Growth Composite was created on 3/31/2006. The minimum asset level for an account to be included in the Rigel Equity All Cap Growth Composite is $5,000,000. Accounts are excluded if they fall below $4,000,000 and remain there for one year. Rigel has been verified for the period September 30, 1998 to December 31, 2006 by Absolute Performance Verification. Rigel has calculated dispersion using an equal weighted standard deviation formula for the underlying composite accounts that have been in the composite for the entire year. To obtain a complete list and description of Rigel’s composites or additional information regarding policies for calculating and reporting returns, please contact Lynn Rowley at 206.467.0070. The primary benchmark is the Russell 3000 Growth. The Russell 3000 Growth is constructed to provide a comprehensive and unbiased barometer of the all-cap growth market. Based on ongoing empirical research of investment manager behavior, the methodology used to determine growth probability approximates the aggregate all-cap growth manager's opportunity set. The composite differs from the content and asset allocation of the Russell 3000 Growth Index, an unmanaged index. (Indices shown do not include transaction costs, management fees or other costs.) Fee schedule for the Rigel All Cap Growth Composite is: 0.80% on first $10 million, 0.60% on next $20 million, 0.50% on next $20 million, 0.45% on next $50 million and 0.35% over $100 million Investment performance returns and market values are calculated in U.S. Dollars. Gross vs. Net of fees Performance: Gross of fees performance does not reflect the deduction of investment advisory fees and other expenses that would have been incurred in the management of the accounts. Net performance results reflect the deduction of investment advisory fees, brokerage or other commissions, and any other expenses that a client would have paid. A client’s actual return will be reduced by the advisory fees and any other expenses which may be incurred in the management of an investment advisory account. See Rigel’s Form ADV Part II for a complete description of investment advisory fees. The composite returns include the reinvestment of dividends and income. Returns have been geometrically linked using time-weighted monthly returns and are based on trade date valuations. Rigel Capital does not use leverage or derivatives in the management of accounts. Rigel only invests in U.S. Securities and up to 5% of ADR’s, all of which are listed on a U.S. Stock Exchange. The data shown represents past performance and offers not guarantee or representation of future results.
