Performance Review
Equity Performance for the period of 1/1/03 - 6/30/10
All returns include dividends and are net of fees.
TThe composite used to generate this equity return includes all discretionary Sandhill Investment Management accounts. The equity return excludes International Exchange Traded Funds (ETFs) and Mutual Funds. The equity return is asset weighted and time weighted. Total return (includes cash, bonds, ETFs, mutual funds, and preferred stock) was 14.2% in 2003,9.8% in 2004, 1.3% in 2005,8.7% in 2006, 12.0% in 2007, -33.3% in 2008,19.9% in 2009, and -4.0% thru 6/30/2010. At period end, the composite consisted of 281 accounts and $152 million in assets. Equities represented 50% of total composite assets. Any equity not on Sandhill's buy list and more than 1% of total equity assets in composite is not included in performance. The returns of the comparative indices are total return. On 3/1/04, O'Keefe Shaw Investment Advisers was spun out of O' Keefe Shaw & Co., Inc. to become Sandhill Capital Partners LLC. Sandhill Capital Partners LLC changed its name to Sandhill Investment Management In June 2007. Past performance is not indicative of future performance. As with any investment vehicle, there Is always a potential for profit as well as the possibility of loss. Sandhill Investment Management is a registered investment adviser with the Securities & Exchange Commission.