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The Firm

Over the last nine plus years, Shaker Investments has become one of the country’s outstanding equity investment firms.

Founded in 1991, Shaker Investments:

• Consistently ranks among the top of all U.S. equity money managers according to Nelson Information.
• Has an average annual net return of 27.3% from inception through June 30, 2001.
• Manages $988 million in separate accounts and approximately $637 million in domestic and offshore investment funds, as of June 30, 2001.

Investment Perspective

The Stock Market

• Often prices growth stocks inefficiently.
• Often treats all companies in the same sector equally in both up and down markets.
• Often fails to differentiate between quality growth companies and those with non-sustainable growth rates.

Therefore

• Shaker systematically exploits these market inefficiencies by maintaining a long-term outlook that is formed through our extensive original research.
• Our long-term perspective, which is rare among growth managers, allows Shaker to invest in the strongest companies at very attractive prices. Shaker particularly seeks to take advantage of these opportunities during sector corrections, or when the long-term prospects of individual companies are misunderstood.

Historical Investment Performance

Shaker Investments has consistently outperformed the general equity markets with its Core Equity Composite over the last nine and a half years:

Average Annual Equity Returns ab
Audited by Ernst & Young c