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part 1 of 3
Rank Fund Name Bank
1 Glenmede Emerging Mkts (1) Glenmede Trust Company
2 Compass Capital-Intl Emg Mkt Inst PNC Bank Corp
3 Compass Capital-Intl Emg Mkt Svc PNC Bank Corp
4 JPM Instl-Emerging Mkts Equity (1)J. P. Morgan & Co. Inc.
5 JPM Pierpont Emerging Mkts Equity J. P. Morgan & Co. Inc.
6 SSgA Emerging Markets (1) State Street Bank & Trust Co.
7 Excelsior Emerging Americas U.S. Trust Corp.
8 Nations Emerging Markets Pr A NationsBank Corporation
9 Biltmore Emerging Markets Y Wachovia
10 Excelsior Pan European Fund U.S. Trust Corp.
Average for top 10 funds with 25 million or more in assets
Average for all 73 funds with 25 million or more in assets
Average for all 174 bank proprietary international stock funds
Non-Bank Intl Stock Fund Averages
CDA/Wiesenberger Intl Equity Avg
part 2 of 3
TOTAL RETURN THROUGH YEAREND, 1996 (%)
Fund First Latest.
Rank Fund Name Investment Objective 12/3 Qtr. 1 Year*
1 Glenmede Eme International Equity 89.8 13.84 13.82
2 Compass Capi International Equity 81.3 13.64 15.2
3 Compass Capi International Equity 40.9 13.57 14.91
4 JPM Instl-Em International Equity 309 10.78 11.11
5 JPM Pierpont International Equity 54.7 10.76 10.79
6 SSgA Emergin International Equity 148.1 10.29 16.61
7 Excelsior Em International Equity 53.3 10.26 29.09
8 Nations Emer International Equity 59.1 8.87 11.97
9 Biltmore Eme International Equity 129.6 8.59
10 Excelsior Pa International Equity 75.9 7.47 23.76
Average for top 10 funds with 25 104.2 10.81 16.36
Average for all 73 funds with 25 224.5 1.62 7.23
Average for all 174 bank propriet 97.6 1.54 6.86
Non-Bank Intl Stock Fund Averages 97.3 1.52 6.85
CDA/Wiesenberger Intl Equity Avg 1.75 8.91
part 3 of 3
Latest Latest Latest
Rank Fund Name 3 Years*5 Years*10 Years*
1 Glenmede Emerging Mkts (1)
2 Compass Capital-Intl Emg Mkt Inst
3 Compass Capital-Intl Emg Mkt Svc
4 JPM Instl-Emerging Mkts Equity (1) 1.94
5 JPM Pierpont Emerging Mkts Equity 1.58
6 SSgA Emerging Markets (1) 9.15
7 Excelsior Emerging Americas 4.56
8 Nations Emerging Markets Pr A
9 Biltmore Emerging Markets Y
10 Excelsior Pan European Fund 15.15
Average for top 10 funds with 25 mil 6.48
Average for all 73 funds with 25 mi 6.95 9.42 8.53
Average for all 174 bank proprietary 6.5 9.42 8.53
Non-Bank Intl Stock Fund Averages 6.5 9.42 8.53
CDA/Wiesenberger Intl Equity Avg 7.22 10.52 8.27
