Laserfiche WebLink
REDWOOD CITY, CA <br />For the Quarter Ended September 30, 2016 <br />Appendix <br />Important Disclosures <br />This material is based on information obtained from sources generally believed to be reliable and available to the public, however PFM Asset Management LLC <br />cannot guarantee its accuracy, completeness or suitability. This material is for general information purposes only and is not intended to provide specific advice or a <br />specific recommendation. All statements as to what will or may happen under certain circumstances are based on assumptions, some but not all of which are noted in <br />the presentation. Assumptions may or may not be proven correct as actual events occur, and results may depend on events outside of your or our control. Changes in <br />assumptions may have a material effect on results. Past performance does not necessarily reflect and is not a guaranty of future results. The information contained in <br />this presentation is not an offer to purchase or sell any securities. <br />Dime <br />■Market values which include accrued interest, are derived from closing bid prices as of the last business day of the month as supplied by Interactive Data, <br />Bloomberg or Telerate. Where prices are not available from generally recognized sources the securities are priced using a yield based matrix system to arrive <br />at an estimated market value. <br />■In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the <br />monthly balances and forward settling sales are excluded. <br />■Performance is presented in accordance with the CFA Institute’s Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is <br />shown gross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. <br />Past performance is not indicative of future returns. <br />■Bank of America/Merrill Lynch Indices provided by Bloomberg Financial Markets. <br />■Money market fund/cash balances are included in performance and duration computations. <br />■Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings. <br />■Callable securities in portfolio are included in the maturity distribution analysis to their stated maturity date, although they may be called prior to maturity. <br />■MBS maturities are represented by expected average life. <br />2016 PFM Asset Management LLC 21 <br />6. <br />1 <br />. <br />C <br />. <br /> <br />- <br /> <br />P <br />a <br />g <br />e <br /> <br />2 <br />6 <br />