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G11 CHANDLER <br />ASSET <br />MANAGEMENT <br />GIR City of San Leandro <br />September 30, 2014 <br />Assets managed by ChandlerAsset Management are in full compliance with State lawand with the <br />City's investment policy. <br />Category <br />Standard <br />Comment <br />Treasury Issues <br />No limitations <br />Complies <br />Agency Issues <br />No limitations <br />Complies <br />Banker's Acceptances <br />"A" or higher by one NRSRO; 40% <br />Complies <br />maximum; 30% per issuer; 180 -day max <br />maturity <br />Commercial Paper <br />A -1/P -1 -rated; 25% maximum; 10% per <br />Complies <br />issuer; 270 -day max maturity <br />Negotiable Certificates of Deposit <br />30% maximum; FDIC Insured or <br />Complies <br />(including CDARS <br />Collateralized 110% <br />Medium Terms Notes <br />"A" or higher by one NRSRO; 30% <br />Complies <br />maximum <br />Money Market Funds <br />AAA/Aaa rated or SEC registered adviser, <br />Complies <br />assets greater than $500MM; 20% maximum <br />Repurchase Agreements (excluded- <br />20% maximum; 360 -day max. maturity <br />Complies <br />not used b IA <br />Reverse Repurchase Agreements <br />20% maximum; 92 -day max. maturity <br />Complies <br />excluded- not used b IA <br />LAIF <br />Currently not used by adviser <br />Complies <br />Maximum Maturity <br />5 years <br />Complies <br />City of San Leandro <br />The investment goals of the City of San Leandro are to preserve principal, to provide liquidity, and to attain a rate of <br />return commensurate with the City's investment risk constraints and cash flow needs. <br />Investment Report Performance Objectives <br />The performance objective for the City of San Leandro's portfolio managed by Chandler is to attain a rate of return <br />greater than the benchmark 1-3 Year Treasury/Agency securities over a market cycle. <br />Strategy <br />In order to achieve these objectives, the City of San Leandro invests in US Treasury securities, federal agency <br />securities, high quality money market instruments and high quality corporate medium term notes in accordance with <br />the City's investment policy and California Government Code Section 53600 et seq. <br />