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ANNUALIZED
RETURNS ENDING 2/29/00 |
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|
1
YEAR |
3
YEAR |
5
YEAR |
10
YEAR |
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| |
Private
Client Composite:
Growth Equity |
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|
|
|
| |
Gross |
44.51% |
33.37% |
35.59% |
21.41% |
| |
Net |
44.40% |
32.31% |
34.55% |
20.47% |
| |
S
& P 500 |
11.71% |
21.76% |
25.10% |
18.00% |
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| To read the latest quarterly edition
of our Investment Strategy Review,
click here. |
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This composite is designed
to reflect representative performance of Warburg Pincus Private
Client Group's growth equity style. Composite returns are a
size-weighted average of discretionary equity accounts with
substantially similar investment objectives, strategies, policies,
limitations, management style and other relevant criteria and
accordingly will not reflect the entirety of accounts managed
by the Warburg Pincus Private Client Group. The gross-of-fees
performance results are after commission charges and before
the deduction of expenses, including investment advisory fees.
The net-of-fees performance figures reflect the deduction of
certain expenses including investment advisory (custody fees
are not deducted). The firm's standard advisory fees are described
in Part II of its Form ADV. Actual fees and expenses will vary
depending on a variety of factors. Returns are shown as annualized
compounded returns and include gains and accrued income and
reinvestment of distributions. Performance is calculated using
a time weighted methodology and expressed in US dollars. Past
performance is no guarantee of future results and individual
accounts may vary.
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