All the Northrop Grumman funds are seperately managed funds with no exchange ticker symbol. The data for the funds are published quarterly on the Web. The funds in the scan were a Stable Value Fund (SVF), a U.S. Fixed Income Fund (FIF), a Balanced Fund (BF), a U.S. Equity Fund (EQF), an International Equity Fund (IEQF), a Small Cap Equity Fund (SCEQF), an Emerging Markets Equity Fund (EMEQF), and a Northrop Grumman Stock Fund (NGSF) that tracks the S&P 500. Like the U.S. Government 401k stable value Fund G the SVF fund has a very low standard deviation (0.10) hence very high Sharpe ratio. This forces the Balanced portfolio to have most of the money in that fund. The uniform portfolio is probably closer to the acutal employee portfolio. A scan of just the other 7 funds has a Balanced portfolio APR = 9.15 and Sharpe ratio of 0.87. A straight line between the SVF fund and this portfolio, the so called Capital Market Line, is a way to compute the return of any combination of the two.
All the Northrop Grumman funds are seperately managed funds with no exchange ticker symbol. The data for the funds are published quarterly on the Web. The funds in the scan were a Stable Value Fund (SVF), a U.S. Fixed Income Fund (FIF), a Balanced Fund (BF), a U.S. Equity Fund (EQF), an International Equity Fund (IEQF), a Small Cap Equity Fund (SCEQF), an Emerging Markets Equity Fund (EMEQF), and a Northrop Grumman Stock Fund (NGSF) that tracks the S&P 500. Like the U.S. Government 401k stable value Fund G the SVF fund has a very low standard deviation (0.10) hence very high Sharpe ratio. This forces the Balanced portfolio to have most of the money in that fund. The uniform portfolio is probably closer to the acutal employee portfolio. A scan of just the other 7 funds has a Balanced portfolio APR = 9.15 and Sharpe ratio of 0.87. A straight line between the SVF fund and this portfolio, the so called Capital Market Line, is a way to compute the return of any combination of the two.
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