Top-Performing Managers of International Equity Composites, 4th Quarter 2011
| Top 10 managers: one-year return | Category | Gross return | Net return |
| Newton Cap. Global Higher Income | US SA Foreign Large Value | 3.77 | 3.04 |
| Analytic Inv. Global Low Volatility | US SA Foreign Large Blend | 3.49 | 3.24 |
| Perkins Global Value | US SA Foreign Large Value | 3.08 | 2.44 |
| Pyrford European Equity | US SA Europe Stock | 2.96 | 2.44 |
| Piermont Sm. Cap Growth Composite | US SA Foreign Small/Mid Growth | 2.81 | 1.90 |
| Burgundy European Eq. Composite | US SA Europe Stock | 2.40 | 1.36 |
| MFS International Value CIT | US SA Foreign Large Value | -0.45 | -0.57 |
| Burgundy EAFE Composite | US SA Foreign Large Blend | -0.63 | -1.27 |
| MFS International Value Equity | US SA Foreign Large Value | -0.66 | -1.40 |
| Martin Inv. Tortue Capital | US SA Foreign Large Growth | -1.28 | -2.23 |
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| Top 10 managers: five-year return | Category | Gross return | Net return |
| ZPR All Asian | US SA Diversified Pacific/Asia | 20.00 | 17.78 |
| Glovista Glob. Emg. Market Equities | US SA Pacific/Asia ex-Japan Stk | 15.79 | 14.70 |
| BCM AlphaSector Int'l Premium IDX | US SA Foreign Large Value | 10.26 | 8.53 |
| Pyrford Pac. Basin ex-Japan Equity | US SA Pacific/Asia ex-Japan Stk | 8.81 | 8.36 |
| Havenport (Developed Asia)-Comp. | US SA Pacific/Asia ex-Japan Stk | 7.39 | 7.17 |
| Ativo International ADR | US SA Foreign Large Blend | 5.56 | 3.33 |
| Newton Cap. Pac. Basin ex-Japan Eq. | US SA Pacific/Asia ex-Japan Stk | 4.81 | 4.03 |
| Absolute Devel. Asia (Rel. Ret.) Eq. | US SA Pacific/Asia ex-Japan Stk | 4.45 | 3.89 |
| First Eagle International Value Equity | US SA Foreign Small/Mid Value | 4.30 | 4.00 |
| Harding Loevner Int'l Small Company | US SA Foreign Small/Mid Growth | 4.13 | 2.95 |
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