Marque Millennium Capital Management LLC

                                                   Large Cap Relative Value Equity Composite Disclaimer

                                                                                 ANNUAL DISCLOSURE PRESENTATION                                     

 

Total Firm

Composite Assets

Annual Performance Results

Year

Assets

USD

Number of

Composite

Gross

Composite

Net

S&P

Russell

S&P 500

Composite 

End

(millions)

(millions)

Accounts

500

1000 Val

Barra Val

Dispersion

2014 267 107 Five or fewer 11.99% 11.23% 13.69% 13.45%   N.A.
2013 239 96 Five or fewer 38.94% 38.04% 32.39% 32.53%  

N.A.

2012 175 69 Five or fewer   13.27% 12.50% 16.00% 17.51%  

N.A.

2011

146

49

Five or fewer  

(7.26)

(7.92)

2.11

0.39

 

N.A.

2010

144

39

Five or fewer

15.69%

14.90%

15.06%

15.51%

 

N.A.

2009

124

34

Five or fewer

49.50%

48.55%

26.46%

19.96%

 

N.A.

2008

83

22

Five or fewer

(37.79%)

(38.28%)

(37.00%)

(36.85%)

 

N.A.

2007

136

37

Five or fewer

10.26%

9.52%

5.49%

-0.17%

 

N.A.

2006

144

52

Five or fewer

10.68%

9.93%

15.79%

22.25%

 

N.A.

2005

158

76

Five or fewer

9.13%

8.39%

4.91%

7.05%

6.33%

N.A.

2004

155

75

Five or fewer

16.40%

15.62%

10.88%

16.50%

15.71%

N.A.

2003

271

192

11

28.57%

27.72%

28.69%

30.03%

31.79%

0.4%

2002

225

146

12

(19.98%)

(20.58%)

(22.10%)

(15.53%)

(20.85%)

0.4%

2001

310

149

11

(12.80%)

(13.43%)

(11.88%)

(5.59%)

(11.71%)

0.7%

2000

253

138

7

18.01%

17.22%

(9.11%)

7.02%

6.08%

5.8%

1999

213

108

6

13.35%

12.58%

21.04%

7.34%

12.73%

3.9%

1998

143

 83

Five or fewer

20.42%

19.61%

28.58%

15.63%

14.67%

N.A.

1997

176

 67

Five or fewer

27.36%

26.52%

33.36%

35.18%

29.98%

N.A.

1996

125

 25

Five or fewer

29.06%

28.21%

22.96%

21.64%

21.99%

N.A.

1995

86

19

Five or fewer

40.32%

39.41%

37.58%

38.35%

36.99%

N.A.

1994

67

14

Five or fewer

6.06%

5.33%

1.32%

(1.99%)

(0.64%)

N.A.

1993

34

13

Five or fewer

24.89%

24.06%

10.08%

18.12%

18.60%

N.A.

1992

10

10

Five or fewer

29.28%

28.44%

7.62%

13.81%

10.53%

N.A.

1991

8

8

Five or fewer

44.43%

43.51%

30.46%

24.61%

22.56%

N.A.

                             N.A. - Information is not statistically meaningful due to an insufficient number of portfolios in the composite for the entire year.

Large Cap Relative Value Equity Composite contains fully discretionary large-cap value equity accounts.  For comparison purposes, the composite is measured against the, Russell 1000 Value and S&P 500 indices.  In presentations shown prior to January 1, 2006, the composite was compared against the Russell 1000 Value, S&P 500 indices and S&P 500 Barra Value Index. The benchmark was changed to more accurately reflect the strategy of the composite.  The former name of our composite was Large Cap Value Equity Composite (through 09/30/07).    Beginning October 1, 2001, the minimum account size for this composite is $2 million.   

Marque Millennium Capital Management, LLC has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®).  Marque Millennium Capital Management, LLC is a registered investment adviser and wholly owned subsidiary of MMCM Holdings, Inc.  The firm maintains a complete list and description of composites, which is available upon request.  

Results are based on fully discretionary accounts under management, including those accounts no longer with the firm.  Past performance is not indicative of future results. 

The U.S. Dollar is the currency used to express performance.  Returns are presented gross and net of management fees and include the reinvestment of all income.  Net of fee performance was calculated using the highest fee paid by an account within the composite.  Effective January 1, 2004, the highest fee paid was 70 basis points.  Prior to January 1, 2004, the highest fee paid was 100 basis points.  The annual composite dispersion presented is an asset-weighted standard deviation calculated for the accounts in the composite the entire year.  Additional information regarding policies for calculating and reporting returns is available upon request.  Part II of the firm’s ADV is available upon request. 

The management fee schedule is as follows:  70 b.p. on first $25 million; 60 b.p. on next $25 million. Negotiable thereafter.  MMCM is willing to provide investment advisory services on a performance fee basis to be negotiated.  Actual investment advisory fees incurred by clients may vary. 

The Large Cap Relative Value Equity Composite was created January 1, 1993.  Marque Millennium Capital Management, LLC’s compliance with the GIPS®) standards has been verified for the period January 1, 1991 through December 31, 2009 by Ashland Partners & Company LLP.  In addition, a performance examination was conducted on the Large Cap Relative Value Equity Composite beginning January 1, 1991.  A copy of the verification report is available upon request.