Top 10 Holdings as of 9.30.07*
|
TOP 10 HOLDINGS *
|
Cambiar
|
Russell 1000 Value
|
S&P 500
|
|
|
Intel
|
5.0
|
0.0
|
1.1
|
|
|
Archer Daniels Midland
|
4.2
|
0.3
|
0.2
|
|
|
Altria Group
|
4.1
|
0.8
|
1.1
|
|
|
Infineon Technologies
|
4.0
|
0.0
|
0.0
|
|
|
Western Union
|
4.0
|
0.1
|
0.1
|
|
|
CVS/Caremark
|
3.8
|
0.4
|
0.4
|
|
|
Halliburton
|
3.7
|
0.0
|
0.3
|
|
|
Ericsson LM Telephone
|
3.4
|
0.0
|
0.0
|
|
|
El Paso Corp
|
3.2
|
0.2
|
0.1
|
|
|
Baker Hughes
|
3.1
|
0.0
|
0.2
|
|
|
Total |
38.5% |
1.8% |
2.4% |
|
Sector Weightings as of 9.30.07*
|
SECTOR WEIGHTINGS *
|
Cambiar
|
Russell 1000 Value
|
S&P 500
|
|
Consumer Discretionary
|
16.8
|
7.6
|
9.2
|
|
Consumer Staples
|
14.9
|
7.8
|
9.5
|
|
Energy
|
16.8
|
14.4
|
11.7
|
|
Financials
|
20.0
|
32.3
|
19.9
|
|
Health Care
|
6.4
|
7.0
|
11.6
|
|
Industrials
|
2.0
|
10.4
|
11.5
|
|
Materials
|
0.0
|
4.1
|
3.2
|
|
Technology
|
17.3
|
3.7
|
16.2
|
|
Telecom Services
|
5.7
|
6.7
|
3.8
|
|
Utilities
|
0.0
|
6.0
|
3.4
|
Characteristics as of 9.30.07*
|
CHARACTERISTICS *
|
Cambiar
|
Russell 1000 Value
|
S&P 500
|
|
P/E Ratio
1 Year Forecast
|
13.8x
|
13.3x
|
14.8x
|
|
Price/Book
|
2.4x
|
2.1x
|
2.9x
|
|
EPS Growth
Long Term
|
15.1%
|
8.7%
|
10.9%
|
|
Dividend Yield
|
1.4%
|
2.5%
|
1.9%
|
|
Wtd Avg Mkt Cap
|
$57.1 B
|
$121.1 B
|
$108.9 B
|
|
Median Market Cap
|
$20.6 B
|
$5.4 B
|
$13.5 B
|
* The listed characteristics, securities and sectors are presented for one representative account as of September 30, 2007. Portfolio holdings, characteristics and sector weightings may change over time and may differ between clients based upon their investment objectives, financial situations and risk tolerances. Cambiar makes no warranty; either express or implied that the weightings shown will be used to manage your account. Past performance is no guarantee of future results. The securities presented do not represent all securities recommended for advisory clients. The information provided on this page should not be considered a recommendation to purchase or sell any particular security. There can be no assurance that an investor will earn a profit or not lose money. The portfolio profile is shown as supplemental information only and complements Cambiar’s Institutional Tax-Exempt equity composite presentation which is located in Appendix A. Past performance is no guarantee of future results. The securities presented do not represent all securities recommended for advisory clients. The information provided on this page should not be considered a recommendation to purchase or sell any particular security. There can be no assurance that an investor will earn a profit or not lose money. The portfolio profile is shown as supplemental information only and complements Cambiar’s Institutional Tax-Exempt equity composite presentation which is located in Appendix A.
The one year forecast is included for illustrative purposes and accordingly, no assumptions or comparisons should be made based upon these ratios. The projected ratios are based upon third party sources that are deemed to be reliable; however, Cambiar does not guarantee its accuracy or completeness.
