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<br /> <br /> <br /> <br /> <br /> <br /> EXHIBIT A <br /> <br /> SCOPE OF SERVICES <br /> <br /> 1. Investment Advising Fee: $19.000 <br /> <br /> • Prepare four Quarterly Investment Analysis Reviews for 457 Deferred Compensation Plan <br /> and meet with the Plan Investment Committee up to four times. Said review shall include, but <br /> not be limited to: <br /> • Market overview addressing the major markets, indices, sectors and the <br /> economic statistics affecting them; <br /> • In-depth portfolio summary, including fund and benchmark returns, style <br /> analysis and overall portfolio return; <br /> • Analyze the Plan asset allocation by fund and underlying sector. The fund <br /> lineup will also be analyzed to determine the amount of overlap that may be <br /> occurring; <br /> • Detailed quantitative and qualitative examination of each mutual fund <br /> investment option within the Plan, including performance numbers versus the <br /> category and index, manager style drift, risk / return, standard deviation, Sharpe <br /> ratio, expense ratio, upside and downside capture and fund allocation; <br /> • Review of City's Investment Policy Statement to ensure it is meeting the needs <br /> of the Client and the defined contribution plan participants, and that the <br /> processes outlined within are being adhered to; and <br /> • Recommend possible fund alternatives when, in conjunction with the Investment <br /> Committee, it is determined a change in fund line-up is necessary. <br /> • Perform fund searches when necessary and make "watch list" recommendations <br /> • Assist in fund change implementations with vendor, when applicable <br /> • Prepare annual cost analysis and negotiate with vendor to potentially lower overall costs and <br /> recapture any excess revenues on behalf of the Plan, if applicable <br /> • Draft and maintain Investment Policy Statement <br /> • Draft Committee Charter for adoption by City Council to delegate authority to Committee <br />