Saturday, January 7, 2012

Cameron International 401k Plan PSDS Scan 12-31-2010



Cameron International acquired NATCO in 2009 and in 2010 changed the Plan trustee to T. Rowe Price. These changes and others complicated the SEC 11-k report and I did not have time to sort them all out. No employee portfolio, only a uniform portfolio is provided here for comparison with the Balanced portfolio. The Balanced portfolio was helped by company stock CAM which is still the largest employee holding I think. The Balanced portfolio has a 5yr APR of 6.53% with a Sharpe ratio of 1.30 both above average. Like many plans there are too many investment options for the average employee to evaluate in my opinion. That can lead to investing by fund name "conservative growth" instead of fund risk adjusted performance.

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