UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-04138
Allmerica Investment Trust
(Exact name of registrant as specified in charter)
440 Lincoln Street
Worcester, Massachusetts 01653
(Address of principal executive offices) (Zip Code)
George M. Boyd, Secretary
Allmerica Financial
440 Lincoln Street
Worcester, MA 01653
(Name and address of agent for service)
Registrant’s telephone number, including area code: (508) 855-1000
Date of fiscal year-end: December 31
Date of reporting period: June 30, 2004
Item 1. Proxy Voting Record.
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/11/04 - A | 99 (Cents) Only Stores *NDN* | 65440K106 | 04/14/04 | 76 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Vendor Standards | Against | Against | ShrHoldr | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
06/07/04 - A | Abgenix, Inc. *ABGX* | 00339B107 | 04/12/04 | 45,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Adobe Systems Inc. *ADBE* | 00724F101 | 03/03/04 | 70,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
4 | Adopt a Plocy that will Committ Executives to Hold a Significant Percentage of their Shares | Against | Against | ShrHoldr | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/30/03 - A | Affiliated Computer Services, Inc. *ACS* | 008190100 | 09/19/03 | 37,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/09/03 - A | Alkermes, Inc. *ALKS* | 01642T108 | 07/23/03 | 66,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Dr. Floyd E. Bloom — Withhold | |||||||||||||||
1.2 | Elect Director Robert A. Breyer — For | |||||||||||||||
1.3 | Elect Director Gerri Henwood — For | |||||||||||||||
1.4 | Elect Director Paul J. Mitchell — For | |||||||||||||||
1.5 | Elect Director Richard F. Pops — For | |||||||||||||||
1.6 | Elect Director Dr. Alexander Rich — Withhold | |||||||||||||||
1.7 | Elect Director Dr. Paul Schimmel — Withhold | |||||||||||||||
1.8 | Elect Director Michael A. Wall — Withhold | |||||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 1 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
08/05/03 - A | Alliant Techsystems Inc. *ATK* | 018804104 | 06/10/03 | 51,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
3 | Report on Space-Based Weapons | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | American Standard Companies, Inc. *ASD* | 029712106 | 03/10/04 | 28,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/10/04 - A | Amis Holdings Inc *AMIS.2* | 031538101 | 04/19/04 | 71,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Dipanjan Deb — Withhold | |||||||||||||||
1.2 | Elect Director Christine King — For | |||||||||||||||
1.3 | Elect Director David M. Rickey — For | |||||||||||||||
1.4 | Elect Director Paul C. Schorr Iv —Withhold | |||||||||||||||
1.5 | Elect Director Colin L. Slade — For | |||||||||||||||
1.6 | Elect Director David Stanton — Withhold | |||||||||||||||
1.7 | Elect Director James A. Urry — Withhold | |||||||||||||||
1.8 | Elect Director Gregory L. Williams — For | |||||||||||||||
1.9 | Elect Director S. Atiq Raza — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/05/04 - A | * Amylin Pharmaceuticals, Inc. *AMLN* | 032346108 | 03/12/04 | 39,900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Vaughn D. Bryson — For | |||||||||||||||
1.2 | Elect Director Joseph C. Cook, Jr. — For | |||||||||||||||
1.3 | Elect Director Ginger L. Graham — For | |||||||||||||||
1.4 | Elect Director Howard E. Greene, Jr. — Withhold | |||||||||||||||
1.5 | Elect Director Terrence H. Gregg — For | |||||||||||||||
1.6 | Elect Director Jay S. Skyler — Withhold | |||||||||||||||
1.7 | Elect Director Joseph P. Sullivan — For | |||||||||||||||
1.8 | Elect Director Thomas R. Testman — For | |||||||||||||||
1.9 | Elect Director James N. Wilson — For |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 2 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/04/04 - A | Andrx Corp. *ADRX* | 034553107 | 04/14/04 | 60,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | Anthem Inc. *ATH* | 03674B104 | 03/19/04 | 3,001 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
06/28/04 - S | Anthem Inc. *ATH* | 03674B104 | 05/10/04 | 15,047 | ||||||||||||
1 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||||||||
2 | Change Company Name | For | For | Mgmt | ||||||||||||
05/06/04 - A | AXIS CAPITAL HOLDINGS LTD *AXS* | G0692U109 | 03/31/04 | 44,000 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | TO AMEND THE BY-LAWS OF AXIS CAPITAL HOLDINGS LIMITED | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | TO AUTHORIZE THE BOARD OF DIRECTORS OF AXIS SPECIALTY HOLDINGS IRELAND LIMITED TO SET THE FEES FOR DELOITTE & TOUCHE | For | For | Mgmt | ||||||||||||
6 | TO APPROVE THE FINANCIAL STATEMENTS OF AXIS SPECIALTY HOLDINGS IRELAND LIMITED | For | For | Mgmt | ||||||||||||
7 | TO AUTHORIZE AXIS SPECIALTY HOLDINGS IRELAND LIMITED TO AUTHORIZE THE BOARD OF AXIS SPECIALTY EUROPE LIMITED TO SET THE FEES FOR DELOITTE & TOUCHE, INDEPENDENT AUDITORS | For | For | Mgmt | ||||||||||||
8 | TO AUTHORIZE AXIS SPECIALTY HOLDINGS IRELAND LIMITED TO VOTE TO APPROVE THE FINANCIAL STATEMENTS OF AXIS SPECIALTY EUROPE LIMITED | For | For | Mgmt | ||||||||||||
9 | TO AUTHORIZE AXIS SPECIALTY HOLDINGS IRELAND LIMITED TO AUTHORIZE THE BOARD OF AXIS RE LIMITED TO SET THE FEES FOR DELOITTE & TOUCHE, INDEPENDENT AUDITORS | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 3 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
10 | TO AUTHORIZE AXIS SPECIALTY HOLDINGS IRELAND LIMITED TO VOTE TO APPROVE THE FINANCIAL STATEMENTS OF AXIS RE LIMITED | For | For | Mgmt | ||||||||||||
11 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12 | TO APPROVE THE FINANCIAL STATEMENTS OF AXIS SPECIALTY UK LIMITED | For | For | Mgmt | ||||||||||||
13 | Ratify Auditors | For | For | Mgmt | ||||||||||||
14 | TO APPROVE THE FINANCIAL STATEMENTS OF AXIS SPECIALTY UK HOLDINGS LIMITED | For | For | Mgmt | ||||||||||||
15 | Ratify Auditors | For | For | Mgmt | ||||||||||||
16 | TO APPROVE THE FINANCIAL STATEMENTS OF AXIS SPECIALTY (BARBADOS) LIMITED | For | For | Mgmt | ||||||||||||
10/23/03 - A | Barr Pharmaceuticals Inc *BRL* | 068306109 | 09/02/03 | 29,801 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Change State of Incorporation from New York to Delaware | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
06/24/04 - A | Best Buy Co., Inc. *BBY* | 086516101 | 04/26/04 | 49,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
11/12/03 - S | BIOGEN IDEC INC *BIIB* | 449370105 | 09/25/03 | 500 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
01/22/04 - A | BJ Services Company *BJS* | 055482103 | 12/05/03 | 104,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
3 | Report on Foreign Operations Risk | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 4 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record Date | Prpnent | Shares Voted | |||||||||
04/28/04 - A | Brunswick Corp. *BC* | 117043109 | 03/02/04 | 90,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | C.H. Robinson Worldwide, Inc. *CHRW* | 12541W100 | 03/22/04 | 41,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/25/04 - A | Cablevision Systems Corp. *CVC* | 12686C109 | 04/05/04 | 66,963 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Charles D. Ferris — Withhold | |||||||||||||||
1.2 | Elect Director Richard H. Hochman — For | |||||||||||||||
1.3 | Elect Director Victor Oristano — For | |||||||||||||||
1.4 | Elect Director Vincent Tese — For | |||||||||||||||
1.5 | Elect Director Thomas V. Reifenheiser — For | |||||||||||||||
1.6 | Elect Director John R. Ryan — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/15/04 - A | * Cadence Design Systems, Inc. *CDN* | 127387108 | 04/23/04 | 102,900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director H. Raymond Bingham — For | |||||||||||||||
1.2 | Elect Director Susan L. Bostrom — For | |||||||||||||||
1.3 | Elect Director Donald L. Lucas — For | |||||||||||||||
1.4 | Elect Director Sean M. Maloney — Withhold | |||||||||||||||
1.5 | Elect Director Alberto Sangiovanni-Vincentelli — For | |||||||||||||||
1.6 | Elect Director George M. Scalise — For | |||||||||||||||
1.7 | Elect Director John B. Shoven — For | |||||||||||||||
1.8 | Elect Director Roger S. Siboni — For | |||||||||||||||
1.9 | Elect Director Lip-Bu Tan — For | |||||||||||||||
2 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 5 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/28/04 - A | Capitalsource, Inc *CSE* | 14055X102 | 03/05/04 | 37,050 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/20/04 - A | CDW Corp. *CDWC* | 12512N105 | 04/01/04 | 32,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
06/15/04 - A | Celgene Corp. *CELG* | 151020104 | 04/28/04 | 12,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | Ceridian Corporation *CEN* | 156779100 | 03/16/04 | 136,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/13/04 - A | CERTEGY INC *CEY* | 156880106 | 03/15/04 | 97,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/29/04 - A | ChoicePoint Inc. *CPS* | 170388102 | 03/10/04 | 114,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/24/04 - A | Citadel Broadcasting Corp *CDL* | 17285T106 | 03/29/04 | 109,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director David W. Checketts — For | |||||||||||||||
1.2 | Elect Director J. Anthony Forstmann — Withhold | |||||||||||||||
1.3 | Elect Director Charles P. Rose, Jr. — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/05/03 - A | Coach, Inc. *COH* | 189754104 | 09/17/03 | 14,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 6 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record Date | Prpnent | Shares Voted | |||||||||
06/23/04 - A/S | Cognos Inc. *CSN.* | 19244C109 | 04/26/04 | 5,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Ernst & Young LLP as Auditors | For | For | Mgmt | ||||||||||||
3 | Amend 2003 - 2008 Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Eliminate Class of Preferred Stock | For | For | Mgmt | ||||||||||||
06/15/04 - A | Comverse Technology, Inc. *CMVT* | 205862402 | 04/27/04 | 44,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Cooper Cameron Corp. *CAM* | 216640102 | 03/15/04 | 45,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prepare Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A/S | Cott Corp. *BCB* | 22163N106 | 03/12/04 | 80,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Colin J. Adair — For | |||||||||||||||
1.2 | Elect Director W. John Bennett — For | |||||||||||||||
1.3 | Elect Director C. Hunter Boll — For | |||||||||||||||
1.4 | Elect Director Serge Gouin — For | |||||||||||||||
1.5 | Elect Director Thomas M. Hagerty — Withhold | |||||||||||||||
1.6 | Elect Director Stephen H. Halperin — For | |||||||||||||||
1.7 | Elect Director David V. Harkins — For | |||||||||||||||
1.8 | Elect Director Philip B. Livingston — For | |||||||||||||||
1.9 | Elect Director Christine A. Magee — For | |||||||||||||||
1.10 | Elect Director John K. Sheppard — For | |||||||||||||||
1.11 | Elect Director Donald G. Watt — For | |||||||||||||||
1.12 | Elect Director Frank E. Weise III — For | |||||||||||||||
2 | Ratify PricewaterhouseCoopers LLP as Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Investment Share Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Amend Stock Option Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 7 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/03/04 - A | Coventry Health Care Inc. *CVH* | 222862104 | 04/05/04 | 28,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | Cox Radio, Inc. *CXR* | 224051102 | 03/15/04 | 74,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/26/04 - A | Crown Castle International Corp. *CCI* | 228227104 | 04/01/04 | 149,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Implement MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Danaher Corp. *DHR* | 235851102 | 03/10/04 | 26,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Develop Charter Language on Board Diversity | Against | Against | ShrHoldr | ||||||||||||
05/24/04 - A | DaVita Inc. *DVA* | 23918K108 | 04/19/04 | 25,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Nancy-Ann Deparle — For | |||||||||||||||
1.2 | Elect Director Richard B. Fontaine — For | |||||||||||||||
1.3 | Elect Director Peter T. Grauer — For | |||||||||||||||
1.4 | Elect Director Michele J. Hooper — For | |||||||||||||||
1.5 | Elect Director C. Raymond Larkin, Jr. — Withhold | |||||||||||||||
1.6 | Elect Director John M. Nehra — For | |||||||||||||||
1.7 | Elect Director William L. Roper — For | |||||||||||||||
1.8 | Elect Director Kent J. Thiry — For | |||||||||||||||
05/10/04 - A | Dentsply International, Inc. *XRAY* | 249030107 | 03/25/04 | 10,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 8 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/18/04 - A | * Diamond Offshore Drilling, Inc. *DO* | 25271C102 | 03/22/04 | 68 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Diebold, Inc. *DBD* | 253651103 | 02/27/04 | 37,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/17/04 - A | Dollar Tree Stores, Inc. *DLTR* | 256747106 | 04/23/04 | 69,000 | ||||||||||||
1 | Change Range for Size of the Board | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/11/04 - A | DST Systems, Inc. *DST* | 233326107 | 03/12/04 | 3,487 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director A. Edward Allinson — Withhold | |||||||||||||||
1.2 | Elect Director Michael G. Fitt — For | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
04/15/04 - A | E.W. Scripps Co. (The) *SSP* | 811054204 | 02/10/04 | 8,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
11/20/03 - A | Education Management Corp. *EDMC* | 28139T101 | 09/23/03 | 37,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | Edwards Lifesciences Corporation *EW* | 28176E108 | 03/19/04 | 45,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert A. Ingram — Withhold |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 9 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.2 | Elect Director Vernon R. Loucks Jr. — For | |||||||||||||||
2 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | EOG Resources, Inc. *EOG* | 26875P101 | 03/08/04 | 73,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
08/08/03 - S | Expedia Inc | 302125109 | 06/25/03 | 5,000 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
05/05/04 - A | Expeditors International Of Washington, Inc. *EXPD* | 302130109 | 03/10/04 | 36,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/27/04 - A/S | FAIRMONT HOTELS & RESORTS *FHR.* | 305204109 | 03/08/04 | 18,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify PricewaterhouseCoopers LLP as Auditors | For | For | Mgmt | ||||||||||||
3 | Reconfirm Shareholder Rights Plan (Poison Pill) | For | For | Mgmt | ||||||||||||
01/15/04 - A | Family Dollar Stores, Inc. *FDO* | 307000109 | 11/24/03 | 69,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Fastenal Co. *FAST* | 311900104 | 02/23/04 | 1,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert A. Kierlin — Withhold | |||||||||||||||
1.2 | Elect Director Stephen M. Slaggie — Withhold | |||||||||||||||
1.3 | Elect Director Michael M. Gostomski — For | |||||||||||||||
1.4 | Elect Director John D. Remick — For | |||||||||||||||
1.5 | Elect Director Henry K. McConnon — For |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 10 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
1.6 | Elect Director Robert A. Hansen — For | |||||||||||||||
1.7 | Elect Director Willard D. Oberton — Withhold | |||||||||||||||
1.8 | Elect Director Michael J. Dolan — For | |||||||||||||||
1.9 | Elect Director Reyne K. Wisecup — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/06/04 - A | Fiserv, Inc. *FISV* | 337738108 | 02/13/04 | 64,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/21/04 - A | FLIR Systems, Inc. *FLIR* | 302445101 | 03/03/04 | 22,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
04/21/04 - A | FMC Technologies, Inc. *FTI* | 30249U101 | 02/27/04 | 81,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
01/29/04 - A | Franklin Resources, Inc. *BEN* | 354613101 | 12/01/03 | 26,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/25/04 - A | Gilead Sciences, Inc. *GILD* | 375558103 | 04/05/04 | 45,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
10/24/03 - A | Harris Corp. *HRS* | 413875105 | 08/29/03 | 100,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/17/04 - A | Health Management Associates, Inc. *HMA* | 421933102 | 12/19/03 | 117,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 11 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
01/28/04 - A | Hewitt Associates, Inc. *HEW* | 42822Q100 | 12/01/03 | 98,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Human Genome Sciences, Inc. *HGSI* | 444903108 | 03/31/04 | 58,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Richard J. Danzig — For | |||||||||||||||
1.2 | Elect Director Jurgen Drews, M.D. — For | |||||||||||||||
1.3 | Elect Director Kathryn E. Falberg — For | |||||||||||||||
1.4 | Elect Director Argeris N. Karabelas, Ph.D. — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
4 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
5 | Approve Option Exchange Program | For | Against | Mgmt | ||||||||||||
06/23/04 - A | IAC / INTERACTIVECORP *IACI* | 45840Q101 | 04/29/04 | 2,898 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Richard N. Barton — For | |||||||||||||||
1.2 | Elect Director Robert R. Bennett — Withhold | |||||||||||||||
1.3 | Elect Director Edgar Bronfman, Jr. — Withhold | |||||||||||||||
1.4 | Elect Director Barry Diller — For | |||||||||||||||
1.5 | Elect Director Victor A. Kaufman — For | |||||||||||||||
1.6 | Elect Director Donald R. Keough — For | |||||||||||||||
1.7 | Elect Director Marie-Josee Kravis — For | |||||||||||||||
1.8 | Elect Director John C. Malone — For | |||||||||||||||
1.9 | Elect Director Steven Rattner — For | |||||||||||||||
1.10 | Elect Director Gen. H.N. Schwarzkopf — For | |||||||||||||||
1.11 | Elect Director Alan G. Spoon — For | |||||||||||||||
1.12 | Elect Director Diane Von Furstenberg — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | International Steel Group, Inc *ISG* | 460377104 | 04/05/04 | 36,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 12 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
05/12/04 - A | Intersil Corporation *ISIL* | 46069S109 | 03/17/04 | 101,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
10/30/03 - A | Intuit, Inc. *INTU* | 461202103 | 09/02/03 | 40,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/13/04 - A | Investors Financial Services Corp. *IFIN* | 461915100 | 02/20/04 | 27,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/29/04 - A | Invitrogen Corp. *IVGN* | 46185R100 | 02/27/04 | 4,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/27/04 - A | Iron Mountain Inc. *IRM* | 462846106 | 04/05/04 | 60,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/11/04 - A | ITT Industries, Inc. *ITT* | 450911102 | 03/19/04 | 38,000 | ||||||||||||
1 | Ratify Auditors | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
01/13/04 - A | Jabil Circuit, Inc. *JBL* | 466313103 | 11/14/03 | 65,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | JETBLUE AIRWAYS CORP *JBLU* | 477143101 | 04/12/04 | 6,308 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 13 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
11/05/03 - A | KLA-Tencor Corp. *KLAC* | 482480100 | 09/15/03 | 21,000 | ||||||||||||
1.a | Elect Director H. Raymond Bingham | For | For | Mgmt | ||||||||||||
1.b | Elect Director Robert T. Bond | For | For | Mgmt | ||||||||||||
1.c | Elect Director Richard J. Elkus, Jr. | For | For | Mgmt | ||||||||||||
1.d | Elect Director Michael E. Marks | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | Laboratory Corporation of America Holdings *LH* | 50540R409 | 03/31/04 | 73,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/27/04 - A | Lamar Advertising Company *LAMR* | 512815101 | 04/05/04 | 59,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
07/22/03 - A | Legg Mason, Inc. *LM* | 524901105 | 05/23/03 | 34,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Lexmark International, Inc. *LXK* | 529771107 | 03/05/04 | 19,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/05/04 - A | Manor Care, Inc. *HCR* | 564055101 | 03/12/04 | 37,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | Manpower Inc. *MAN* | 56418H100 | 02/17/04 | 71,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 14 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
11/13/03 - A | Maxim Integrated Products, Inc. *MXIM* | 57772K101 | 09/15/03 | 30,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12/16/03 - A | MCAFEE INC. *MFE* | 640938106 | 11/13/03 | 94,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Stock Option Plan | For | Against | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/27/04 - A | MCAFEE INC. *MFE* | 640938106 | 04/01/04 | 178,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | MedImmune, Inc. *MEDI* | 584699102 | 03/31/04 | 164,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Wayne T. Hockmeyer — For | |||||||||||||||
1.2 | Elect Director David M. Mott — For | |||||||||||||||
1.3 | Elect Director David Baltimore — For | |||||||||||||||
1.4 | Elect Director M. James Barrett — Withhold | |||||||||||||||
1.5 | Elect Director Melvin D. Booth — For | |||||||||||||||
1.6 | Elect Director James H. Cavanaugh — Withhold | |||||||||||||||
1.7 | Elect Director Barbara Hackman Franklin — Withhold | |||||||||||||||
1.8 | Elect Director Gordon S. Macklin — Withhold | |||||||||||||||
1.9 | Elect Director Elizabeth H. S. Wyatt — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12/10/03 - S | Mercury Interactive Corp. *MERQ* | 589405109 | 10/31/03 | 5,900 | ||||||||||||
1 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 15 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/19/04 - A | Mercury Interactive Corp. *MERQ* | 589405109 | 03/22/04 | 15,386 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/15/03 - A | Microchip Technology, Inc. *MCHP* | 595017104 | 06/20/03 | 124,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/07/04 - A | Millennium Pharmaceuticals, Inc. *MLNM* | 599902103 | 03/10/04 | 43,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/24/03 - A | Molex Incorporated *MOLX* | 608554200 | 08/29/03 | 32,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
06/16/04 - A | Monster Worldwide, Inc. *MNST* | 611742107 | 04/26/04 | 26,711 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/12/04 - A | Murphy Oil Corp. *MUR* | 626717102 | 03/15/04 | 52,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Frank W. Blue — For | |||||||||||||||
1.2 | Elect Director George S. Dembroski — For | |||||||||||||||
1.3 | Elect Director Claiborne P. Deming — For | |||||||||||||||
1.4 | Elect Director Robert A. Hermes — For | |||||||||||||||
1.5 | Elect Director R. Madison Murphy — Withhold | |||||||||||||||
1.6 | Elect Director William C. Nolan, Jr. — For | |||||||||||||||
1.7 | Elect Director Ivar B. Ramberg — For | |||||||||||||||
1.8 | Elect Director David J. H. Smith — For | |||||||||||||||
1.9 | Elect Director Caroline G. Theus — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 16 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record Date | Prpnent | Shares Voted | |||||||||
07/25/03 - A | Mylan Laboratories Inc. *MYL* | 628530107 | 05/23/03 | 23,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Milan Puskar — For | |||||||||||||||
1.2 | Elect Director Robert J. Coury — For | |||||||||||||||
1.3 | Elect Director Wendy Cameron — For | |||||||||||||||
1.4 | Elect Director Laurence S. DeLynn — For | |||||||||||||||
1.5 | Elect Director John C. Gaisford, M.D. — For | |||||||||||||||
1.6 | Elect Director Douglas J. Leech — Withhold | |||||||||||||||
1.7 | Elect Director Joseph C. Maroon, M.D. — For | |||||||||||||||
1.8 | Elect Director Patricia A. Sunseri — For | |||||||||||||||
1.9 | Elect Director C.B. Todd — For | |||||||||||||||
1.10 | Elect Director Randall L. Vanderveen, Ph.D. — For | |||||||||||||||
1.11 | Elect Director Stuart A. Williams, Esq. — For | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/26/04 - A | Neurocrine Biosciences, Inc. *NBIX* | 64125C109 | 04/01/04 | 7,635 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/28/04 - A | Newmont Mining Corp. (Holding Company) *NEM* | 651639106 | 03/02/04 | 55,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/27/04 - A | Nextel Communications, Inc. *NXTL* | 65332V103 | 04/02/04 | 50,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/18/04 - A | Nextel Partners, Inc. *NXTP* | 65333F107 | 04/02/04 | 11,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 17 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
3 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
5 | Permit Board to Amend Bylaws Without Shareholder Consent | For | Against | Mgmt | ||||||||||||
04/16/04 - A | Novellus Systems, Inc. *NVLS* | 670008101 | 02/17/04 | 50,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provision of Non-Audit Services by Independent Auditors | Against | Against | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | NTL Incorporated *NTLI* | 62940M104 | 03/22/04 | 5,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Approve Share Plan Grant | For | For | Mgmt | ||||||||||||
05/13/04 - A | Nucor Corp. *NUE* | 670346105 | 03/15/04 | 19,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | O’Reilly Automotive, Inc. *ORLY* | 686091109 | 02/27/04 | 57,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Elect Director John Murphy | For | For | Mgmt | ||||||||||||
4 | Elect Director Ronald Rashkow | For | For | Mgmt | ||||||||||||
05/18/04 - A | Omnicare, Inc. *OCR* | 681904108 | 03/31/04 | 6,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/03/04 - A | Oshkosh Truck Corp. *OSK* | 688239201 | 12/10/03 | 63,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
06/10/04 - A | PETsMART *PETM* | 716768106 | 04/12/04 | 109,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 18 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record Date | Prpnent | Shares Voted | |||||||||
05/06/04 - A/S | Potash Corp. Saskatchewan Inc. *POT.* | 73755L107 | 03/18/04 | 2,000 | ||||||||||||
Management Proposals | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Appoint Deloitte & Touche LLP as Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
3 | Adopt ‘Commonsense’ Compensation Program | Against | Against | ShrHoldr | ||||||||||||
05/18/04 - A | Principal Financial Group, Inc. *PFG* | 74251V102 | 03/19/04 | 56,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/03/04 - A | Protective Life Corp. *PL* | 743674103 | 03/05/04 | 44,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Outside Director Options in Lieu of Cash | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/30/04 - A | Protein Design Labs, Inc. *PDLI* | 74369L103 | 05/20/04 | 40,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/26/03 - A | QLogic Corp. *QLGC* | 747277101 | 07/01/03 | 2,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | Radian Group Inc. *RDN* | 750236101 | 03/15/04 | 34,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Articles | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 19 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/04/04 - A | Robert Half International Inc. *RHI* | 770323103 | 03/11/04 | 103,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/10/04 - A | Rockwell Collins, Inc. *COL* | 774341101 | 12/15/03 | 127,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Roper Industries, Inc. *ROP* | 776696106 | 03/31/04 | 39,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
05/20/04 - A | * Ross Stores, Inc. *ROST* | 778296103 | 03/22/04 | 99,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/23/03 - A | Scholastic Corp. *SCHL* | 807066105 | 08/01/03 | 50,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Stock Option Plan | For | Against | Mgmt | ||||||||||||
10/29/03 - A | SEAGATE TECHNOLOGY *STX* | G7945J104 | None | 139,000 | ||||||||||||
1-01 | Elect David Bonderman as Director | For | For | Mgmt | ||||||||||||
1-02 | Elect William W. Bradley as Director | For | For | Mgmt | ||||||||||||
1-03 | Elect James G. Coulter as Director | For | For | Mgmt | ||||||||||||
1-04 | Elect James A. Davidson as Director | For | For | Mgmt | ||||||||||||
1-05 | Elect Glenn H. Hutchins as Director | For | For | Mgmt | ||||||||||||
1-06 | Elect Donald E. Kiernan as Director | For | For | Mgmt | ||||||||||||
1-07 | Elect Stephen J. Luczo as Director | For | For | Mgmt | ||||||||||||
1-08 | Elect David F. Marquardt as Director | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 20 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1-09 | Elect John W. Thompson as Director | For | For | Mgmt | ||||||||||||
1-10 | Elect William D. Watkins as Director | For | For | Mgmt | ||||||||||||
1-11 | Elect Edward J. Zander as Director | For | For | Mgmt | ||||||||||||
2 | Approve Section 162(m) Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Ernst & Young LLP as Auditors | For | For | Mgmt | ||||||||||||
06/10/04 - A | Semtech Corp. *SMTC* | 816850101 | 04/23/04 | 58,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A/S | SHOPPERS DRUG MART CORP *SC.* | 82509W103 | 04/05/04 | 18,000 | ||||||||||||
Management Proposals | ||||||||||||||||
1 | Elect G. K. Murphy, J. Bekenstein, K. Davis, J. H. Greene, Jr., F. McKenna, D. Metcalf, P. E. Raether, S. C. Schnabel, L. J. Thompson and D. M. Williams as Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Deloitte & Touche LLP as Auditors | For | For | Mgmt | ||||||||||||
3 | Enact By-law No. 2B | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Institute ‘Common Sense’ Compensation | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Silicon Valley Bancshares *SIVB* | 827064106 | 02/24/04 | 14,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Smith International, Inc. *SII* | 832110100 | 02/27/04 | 37,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/30/04 - A | Starbucks Corp. *SBUX* | 855244109 | 01/26/04 | 51,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 21 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/14/04 - A | SunGard Data Systems Inc. *SDS* | 867363103 | 03/15/04 | 52,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gregory S. Bentley — Withhold | |||||||||||||||
1.2 | Elect Director Michael C. Brooks — For | |||||||||||||||
1.3 | Elect Director Cristobal Conde — For | |||||||||||||||
1.4 | Elect Director Ramon de Oliveira — For | |||||||||||||||
1.5 | Elect Director Henry C. Duques — For | |||||||||||||||
1.6 | Elect Director Albert A. Eisenstat — For | |||||||||||||||
1.7 | Elect Director Bernard Goldstein — For | |||||||||||||||
1.8 | Elect Director Janet Brutschea Haugen — For | |||||||||||||||
1.9 | Elect Director James L. Mann — For | |||||||||||||||
1.10 | Elect Director Malcolm I. Ruddock — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Teva Pharmaceutical Industries | 881624209 | 04/15/04 | 11,163 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | TO RECEIVE AND DISCUSS THE COMPANY S CONSOLIDATED BALANCE SHEET AS OF DECEMBER 31, 2003 AND THE CONSOLIDATED STATEMENTS. | For | For | Mgmt | ||||||||||||
2 | TO APPROVE THE BOARD OF DIRECTORS RECOMMENDATION THAT THE CASH DIVIDEND FOR THE YEAR ENDED DECEMBER 31, 2003, WHICH WAS PAID IN FOUR INSTALLMENTS AND AGGREGATED NIS 1.44 (APPROXIMATELY US$0.322) PER ORDINARY SHARE, BE DECLARED FINAL. | For | For | Mgmt | ||||||||||||
3 | TO ELECT ABRAHAM E. COHEN TO SERVE FOR A THREE-YEAR TERM. | For | For | Mgmt | ||||||||||||
4 | TO ELECT LESLIE DAN TO SERVE FOR A THREE-YEAR TERM. | For | For | Mgmt | ||||||||||||
5 | TO ELECT PROF. MEIR HETH TO SERVE FOR A THREE-YEAR TERM. | For | For | Mgmt | ||||||||||||
6 | TO ELECT PROF. MOSHE MANY TO SERVE FOR A THREE-YEAR TERM. | For | For | Mgmt | ||||||||||||
7 | TO ELECT DOV SHAFIR TO SERVE FOR A THREE-YEAR TERM. | For | For | Mgmt | ||||||||||||
8 | TO APPROVE THE PURCHASE OF DIRECTOR S AND OFFICER S LIABILITY INSURANCE FOR THE DIRECTORS AND OFFICERS OF THE COMPANY. | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 22 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
9 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/13/03 - A | The Bisys Group, Inc. *BSG* | 055472104 | 09/19/03 | 134,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | The Charles Schwab Corp. *SCH* | 808513105 | 03/18/04 | 48,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/18/04 - A | The Cheesecake Factory, Inc. *CAKE* | 163072101 | 03/31/04 | 4,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
11/05/03 - A | The Estee Lauder Companies Inc. *EL* | 518439104 | 09/12/03 | 48,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/05/04 - A | Triton PCS Holdings, Inc. *TPC* | 89677M106 | 03/10/04 | 43,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Universal Health Services, Inc. *UHS* | 913903100 | 04/08/04 | 24,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Restricted Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 23 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote | Record | Prpnent | Shares Voted | |||||||||
05/27/04 - A | VeriSign Inc *VRSN* | 92343E102 | 03/29/04 | 159,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | Vertex Pharmaceuticals Inc. *VRTX* | 92532F100 | 03/12/04 | 56,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/11/04 - A | Viad Corp. *VVI* | 92552R109 | 03/12/04 | 109,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Reverse Stock Split | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Waddell & Reed Financial, Inc. *WDR* | 930059100 | 03/03/04 | 128,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Waters Corp. *WAT* | 941848103 | 03/15/04 | 38,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Joshua Bekenstein — For | |||||||||||||||
1.2 | Elect Director M.J. Berendt, Ph.D. — For | |||||||||||||||
1.3 | Elect Director Douglas A. Berthiaume — For | |||||||||||||||
1.4 | Elect Director Philip Caldwell — For | |||||||||||||||
1.5 | Elect Director Edward Conard — Withhold | |||||||||||||||
1.6 | Elect Director L.H. Glimcher, M.D. — For | |||||||||||||||
1.7 | Elect Director William J. Miller — For | |||||||||||||||
1.8 | Elect Director Thomas P. Salice — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
05/07/04 - A | Western Gas Resources, Inc. *WGR* | 958259103 | 03/26/04 | 33,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James A. Senty — For | |||||||||||||||
1.2 | Elect Director Dean Phillips — For | |||||||||||||||
1.3 | Elect Director Bill M. Sanderson — Withhold |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 24 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select Capital Appreciation Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
1.4 | Elect Director Walter L. Stonehocker — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Western Wireless Corporation *WWCA* | 95988E204 | 03/26/04 | 131,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
05/19/04 - A | Williams-Sonoma, Inc. *WSM* | 969904101 | 03/29/04 | 61,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/07/04 - A | WILLIS GROUP HOLDINGS LTD *WSH* | G96655108 | 03/09/04 | 64,000 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | XTO ENERGY CORP *XTO* | 98385X106 | 03/31/04 | 93,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Phillip R. Kevil — Withhold | |||||||||||||||
1.2 | Elect Director Scott G. Sherman — For | |||||||||||||||
1.3 | Elect Director Bob R. Simpson — Withhold | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 25 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 1 of 21 |
LA-Z-BOY INCORPORATED | LZB | Annual Meeting Date: 08/12/2003 | ||||||||
Issuer: 505336107 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: GLOBAL | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 107 | 146,200 | 146,200 | ||||||
ADOLPH COORS COMPANY | RKY | Special Meeting Date: 10/03/2003 | ||||||||
Issuer: 217016104 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | APPROVE MERGER AGREEMENT | Management | For | No | ||||||
02 | APPROVE MOTION TO ADJOURN MEETING | Management | Against | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 104 | 92,400 | 92,400 | ||||||
KENNAMETAL INC. | KMT | Annual Meeting Date: 10/28/2003 | ||||||||
Issuer: 489170100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: GLOBAL | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
I | ELECTION OF DIRECTORS | Management | For | No | ||||||
II | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 170,700 | 170,700 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 2 of 21 |
JO-ANN STORES, INC. | JASA | Special Meeting Date: 11/04/2003 | ||||||||
Issuer: 47758P109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | MISCELLANEOUS SHAREHOLDER EQUITY | Shareholder | For | No | ||||||
02 | VOTING RIGHTS | Management | Against | Yes | ||||||
03 | MISCELLANEOUS SHAREHOLDER EQUITY | Shareholder | Against | Yes | ||||||
04 | VOTING RIGHTS | Management | Against | Yes | ||||||
05 | VOTING RIGHTS | Management | Against | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 300 | 300 | ||||||
BOISE CASCADE CORPORATION | BCC | Special Meeting Date: 12/09/2003 | ||||||||
Issuer: 097383103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | APPROVE MERGER AGREEMENT | Management | For | No | ||||||
02 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 51,500 | 51,500 | ||||||
YELLOW CORPORATION | YELL | Special Meeting Date: 12/09/2003 | ||||||||
Issuer: 985509108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | APPROVE MERGER AGREEMENT | Management | For | No | ||||||
02 | APPROVE COMPANY NAME CHANGE | Management | For | No | ||||||
03 | APPROVE MOTION TO ADJOURN MEETING | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 31,500 | 31,500 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 3 of 21 |
ALLIANCE GAMING CORPORATION | AGI | Annual Meeting Date: 12/10/2003 | ||||||||
Issuer: 01859P609 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | Against | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 609 | 122,000 | 122,000 | ||||||
AMDOCS LIMITED | DOX | Annual Meeting Date: 01/22/2004 | ||||||||
Issuer: G02602103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RECEIVE CONSOLIDATED FINANCIAL STATEMENTS | Management | For | No | ||||||
03 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
04 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 264,000 | 264,000 | ||||||
ADVO, INC. | AD | Annual Meeting Date: 01/23/2004 | ||||||||
Issuer: 007585102 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | APPROVE AUTHORIZED COMMON STOCK INCREASE | Shareholder | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 102 | 193,950 | 193,950 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 4 of 21 |
ARAMARK CORPORATION | RMK | Annual Meeting Date: 02/03/2004 | ||||||||
Issuer: 038521100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT/AMEND EXECUTIVE INCENTIVE BONUS PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 183,460 | 183,460 | ||||||
AGERE SYSTEMS INC. | AGRB | Annual Meeting Date: 02/19/2004 | ||||||||
Issuer: 00845V209 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 209 | 1,229,200 | 1,229,200 | ||||||
IKON OFFICE SOLUTIONS, INC. | IKN | Annual Meeting Date: 02/24/2004 | ||||||||
Issuer: 451713101 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 101 | 128,200 | 128,200 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 5 of 21 |
MOORE WALLACE INCORPORATED | MWI | Special Meeting Date: 02/27/2004 | ||||||||
Issuer: 615857109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | MISCELLANEOUS CORPORATE ACTIONS - GLOBAL | Management | For | No | ||||||
02 | CHANGE STOCK EXCHANGE LISTING | Management | Abstain | |||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 353,500 | 353,500 | ||||||
A.O. SMITH CORPORATION | AOS | Annual Meeting Date: 04/05/2004 | ||||||||
Issuer: 831865209 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 209 | 172,800 | 172,800 | ||||||
CTI MOLECULAR IMAGING, INC. | CTMI | Annual Meeting Date: 04/06/2004 | ||||||||
Issuer: 22943D105 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 105 | 6,900 | 6,900 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 6 of 21 |
UNITED DEFENSE INDUSTRIES, INC. | UDI | Annual Meeting Date: 04/13/2004 | ||||||||
Issuer: 91018B104 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 104 | 307,300 | 307,300 |
R.R. DONNELLEY & SONS COMPANY | RRD | Annual Meeting Date: 04/14/2004 | ||||||||
Issuer: 257867101 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | MISCELLANEOUS SHAREHOLDER PROPOSAL | Shareholder | Against | No | ||||||
03 | S/H PROPOSAL - FORM SHAREHOLDER ADVISORY COMMITTEE | Shareholder | Against | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 101 | 215,712 | 215,712 |
BOISE CASCADE CORPORATION | BCC | Annual Meeting Date: 04/15/2004 | ||||||||
Issuer: 097383103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | S/H PROPOSAL - BOARD OF DIRECTORS | Shareholder | Against | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 323,900 | 323,900 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 7 of 21 |
NOVELL, INC. | NOVL | Annual Meeting Date: 04/15/2004 | ||||||||
Issuer: 670006105 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: ALLMERICA | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | S/H PROPOSAL - FORM SHAREHOLDER ADVISORY COMMITTEE | Shareholder | For | Yes | ||||||
03 | S/H PROPOSAL - CORPORATE GOVERNANCE | Shareholder | For | Yes | ||||||
04 | S/H PROPOSAL - RESTORE PREEMPTIVE RIGHTS | Shareholder | For | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 105 | 439,100 | 439,100 |
CNF INC. | CNF | Annual Meeting Date: 04/20/2004 | ||||||||
Issuer: 12612W104 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 104 | 184,300 | 184,300 |
C.R. BARD, INC. | BCR | Annual Meeting Date: 04/21/2004 | ||||||||
Issuer: 067383109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | AMEND LONG TERM INCENTIVE PLAN | Management | For | No | ||||||
03 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
04 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 70,340 | 70,340 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 8 of 21 |
HIBERNIA CORPORATION | HIB | Annual Meeting Date: 04/21/2004 | ||||||||
Issuer: 428656102 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 102 | 190,700 | 190,700 |
PG&E CORPORATION | PCG | Annual Meeting Date: 04/21/2004 | ||||||||
Issuer: 69331C108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | S/H PROPOSAL - RESCIND OR ALLOW SHAREHOLDER TO RATIFY POISON PILL | Shareholder | For | Yes | ||||||
04 | S/H PROPOSAL - PUT GOLDEN PARACHUTE TO SHAREHOLDER VOTE | Shareholder | For | Yes | ||||||
05 | S/H PROPOSAL - BOARD OF DIRECTORS | Shareholder | Against | No | ||||||
06 | S/H PROPOSAL - ENVIRONMENTAL | Shareholder | Against | No | ||||||
07 | S/H PROPOSAL - BOARD OF DIRECTORS | Shareholder | For | Yes | ||||||
08 | S/H PROPOSAL - CORPORATE GOVERNANCE | Shareholder | Against | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 264,000 | 264,000 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 9 of 21 |
SNAP-ON INCORPORATED | SNA | Annual Meeting Date: 04/22/2004 | ||||||||
Issuer: 833034101 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 101 | 126,300 | 126,300 |
PPL CORPORATION | PPL | Annual Meeting Date: 04/23/2004 | ||||||||
Issuer: 69351T106 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 106 | 137,910 | 137,910 |
THE STANLEY WORKS | SWK | �� | Annual Meeting Date: 04/23/2004 | |||||||
Issuer: 854616109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | S/H PROPOSAL - REPORT ON EMPLOYEES EARNING OVER $100,000 | Shareholder | For | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 244,800 | 244,800 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 10 of 21 |
GOODRICH CORPORATION | GR | Annual Meeting Date: 04/27/2004 | ||||||||
Issuer: 382388106 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 106 | 372,600 | 372,600 | ||||||
MANPOWER INC. | MAN | Annual Meeting Date: 04/27/2004 | ||||||||
Issuer: 56418H100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 124,910 | 124,910 | ||||||
NORTH FORK BANCORPORATION, INC. | NFB | Annual Meeting Date: 04/27/2004 | ||||||||
Issuer: 659424105 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 105 | 241,550 | 241,550 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 11 of 21 |
INSIGHT ENTERPRISES, INC. | NSIT | Annual Meeting Date: 04/29/2004 | ||||||||
Issuer: 45765U103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 190,300 | 190,300 | ||||||
THE PHOENIX COMPANIES, INC. | PNX | Annual Meeting Date: 04/29/2004 | ||||||||
Issuer: 71902E109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 25,300 | 25,300 | ||||||
BRASCAN CORPORATION | BNN | Special Meeting Date: 04/30/2004 | ||||||||
Issuer: 10549P606 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | SET/CHANGE NUMBER OF DIRECTORS ON BOARD | Management | For | No | ||||||
02 | ELECTION OF DIRECTORS | Management | For | No | ||||||
03 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
04 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 606 | 1,400 | 1,400 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 12 of 21 |
AMBAC FINANCIAL GROUP, INC. | ABK | Annual Meeting Date: 05/04/2004 | ||||||||
Issuer: 023139108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | APPROVE AUTHORIZED COMMON STOCK INCREASE | Shareholder | For | No | ||||||
03 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
04 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 104,100 | 104,100 | ||||||
KNIGHT-RIDDER, INC. | KRI | Annual Meeting Date: 05/04/2004 | ||||||||
Issuer: 499040103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 51,400 | 51,400 | ||||||
PACKAGING CORPORATION OF AMERICA | PKG | Annual Meeting Date: 05/04/2004 | ||||||||
Issuer: 695156109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 230,720 | 230,720 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 13 of 21 |
SPINNAKER EXPLORATION COMPANY | SKE | Annual Meeting Date: 05/05/2004 | ||||||||
Issuer: 84855W109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 54,800 | 54,800 | ||||||
WATTS WATER TECHNOLOGIES, INC. | WTS | Annual Meeting Date: 05/05/2004 | ||||||||
Issuer: 942749102 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 102 | 409,300 | 409,300 | ||||||
CHURCH & DWIGHT CO., INC. | CHD | Annual Meeting Date: 05/06/2004 | ||||||||
Issuer: 171340102 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 102 | 74,000 | 74,000 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 14 of 21 |
KAYDON CORPORATION | KDN | Annual Meeting Date: 05/07/2004 | ||||||||
Issuer: 486587108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 140,700 | 140,700 | ||||||
WILLIS GROUP HOLDINGS LIMITED | WSH | Annual Meeting Date: 05/07/2004 | ||||||||
Issuer: G96655108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 184,190 | 184,190 | ||||||
BELO CORP. | BLC | Annual Meeting Date: 05/11/2004 | ||||||||
Issuer: 080555105 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | Against | Yes | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 105 | 244,000 | 244,000 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 15 of 21 |
INTERNATIONAL FLAVORS & FRAGRANCES I | IFF | Annual Meeting Date: 05/11/2004 | ||||||||
Issuer: 459506101 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | S/H PROPOSAL - CORPORATE GOVERNANCE | Shareholder | Against | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 101 | 180,000 | 180,000 | ||||||
BOWATER INCORPORATED | BOW | Annual Meeting Date: 05/12/2004 | ||||||||
Issuer: 102183100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 97,440 | 97,440 | ||||||
ENTERCOM COMMUNICATIONS CORP. | ETM | Annual Meeting Date: 05/13/2004 | ||||||||
Issuer: 293639100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 168,000 | 168,000 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 16 of 21 |
METHANEX CORPORATION | MEOH | Annual Meeting Date: 05/13/2004 | ||||||||
Issuer: 59151K108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | PERMIT DIRECTORS TO FIX/APPROVE AUDITOR’S REMUNERATION | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 680,500 | 680,500 | ||||||
GEORGIA GULF CORPORATION | GGC | Annual Meeting Date: 05/18/2004 | ||||||||
Issuer: 373200203 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | INCENTIVE STOCK OPTIONS | Management | For | No | ||||||
04 | STOCK BONUS PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 203 | 245,220 | 245,220 | ||||||
KINDRED HEALTHCARE, INC. | KIND | Annual Meeting Date: 05/18/2004 | ||||||||
Issuer: 494580103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
03 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 100,600 | 100,600 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 17 of 21 |
OMNICARE, INC. | OCR | Annual Meeting Date: 05/18/2004 | ||||||||
Issuer: 681904108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 70,408 | 70,408 | ||||||
PRIDE INTERNATIONAL, INC. | PDE | Annual Meeting Date: 05/18/2004 | ||||||||
Issuer: 74153Q102 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | ADOPT DIRECTOR STOCK OPTION PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 102 | 72,224 | 72,224 | ||||||
EVEREST RE GROUP, LTD. | RE | Annual Meeting Date: 05/19/2004 | ||||||||
Issuer: G3223R108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 162,790 | 162,790 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 18 of 21 |
WABTEC | WAB | Annual Meeting Date: 05/19/2004 | ||||||||
Issuer: 929740108 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 108 | 212,300 | 212,300 | ||||||
SIERRA HEALTH SERVICES, INC. | SIE | Annual Meeting Date: 05/20/2004 | ||||||||
Issuer: 826322109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | AMEND STOCK PURCHASE PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 212 | 212 | ||||||
YELLOW ROADWAY CORPORATION | YELL | Annual Meeting Date: 05/20/2004 | ||||||||
Issuer: 985577105 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 105 | 89,900 | 89,900 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 19 of 21 |
YORK INTERNATIONAL CORPORATION | YRK | Annual Meeting Date: 05/20/2004 | ||||||||
Issuer: 986670107 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | AMEND STOCK PURCHASE PLAN TO INCREASE SHARES | Management | For | No | ||||||
03 | AMEND INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
04 | AMEND OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
05 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 107 | 161,800 | 161,800 | ||||||
CABLEVISION SYSTEMS CORPORATION | CVC | Annual Meeting Date: 05/25/2004 | ||||||||
Issuer: 12686C109 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 109 | 64,669 | 64,669 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 20 of 21 |
ROYAL CARIBBEAN CRUISES LTD. | RCL | Annual Meeting Date: 05/25/2004 | ||||||||
Issuer: V7780T103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | AMEND STOCK OPTION PLAN | Management | For | No | ||||||
03 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 7,134 | 7,134 | ||||||
WEATHERFORD INTERNATIONAL LTD. | WFT | Annual Meeting Date: 05/25/2004 | ||||||||
Issuer: G95089101 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 101 | 124,700 | 124,700 | ||||||
ARRIS GROUP, INC. | ARRS | Annual Meeting Date: 05/26/2004 | ||||||||
Issuer: 04269Q100 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal Number | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 100 | 432,400 | 432,400 |
ProxyEdge - Investment Company Report with Ballot Detail Meeting Date Range: 06/30/2003 to 07/01/2004 AIT Select Value Opportunity Fund | Report Date: 07/06/2004 Page 21 of 21 |
OXFORD HEALTH PLANS, INC. | OHP | Annual Meeting Date: 06/02/2004 | ||||||||
Issuer: 691471106 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | Yes | |||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | S/H PROPOSAL -TOBACCO | Shareholder | Against | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 106 | 34,050 | 34,050 | ||||||
CSK AUTO CORPORATION | CAO | Annual Meeting Date: 06/16/2004 | ||||||||
Issuer: 125965103 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | ELECTION OF DIRECTORS | Management | For | No | ||||||
02 | RATIFY APPOINTMENT OF INDEPENDENT AUDITORS | Management | For | No | ||||||
03 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
04 | ADOPT INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 103 | 307,000 | 307,000 | ||||||
DOLLAR TREE STORES, INC. | DLTR | Annual Meeting Date: 06/17/2004 | ||||||||
Issuer: 256747106 | ISIN: | |||||||||
SEDOL: | ||||||||||
Vote Group: UNASSIGNED | ||||||||||
Proposal | Proposal | Proposal Type | Vote Cast | Against Mgmt. | ||||||
01 | APPROVE CHARTER AMENDMENT | Management | For | No | ||||||
02 | ELECTION OF DIRECTORS | Management | For | No | ||||||
03 | AMEND INCENTIVE STOCK OPTION PLAN | Management | For | No | ||||||
04 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
05 | ADOPT OMNIBUS STOCK OPTION PLAN | Management | For | No | ||||||
Account Name | Custodian Account | Stock Class | Ballot Shares | Voted Shares | ||||||
ALLMERICA INVESTMENT TRUST | 000000005823 | 106 | 288,200 | 288,200 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
07/04/03 – S | Kingfisher Plc | GB0030738503 | None | 382,216 | ||||||||||||
1 | Approve Demerger of Kingfisher Plc’s Electrical Business to Kesa Electricals Plc By Way of Dividend in Specie | For | For | Mgmt | ||||||||||||
2 | Approve Capital Reorganization | For | For | Mgmt | ||||||||||||
3 | Approve Kesa Group Sharesave Scheme and Kesa Group International Sharesave Plan and Authorize Directors to Modify and Establish Such Plans | For | For | Mgmt | ||||||||||||
4 | Approve Kesa Group Demerger Award Plan and Authorize Directors to Modify and Establish Such Plans | For | For | Mgmt | ||||||||||||
5 | Approve Kesa Group Incentive Compensation Plan and Authorize Directors to Modify and Establish Such Plans | For | For | Mgmt | ||||||||||||
6 | Approve Kesa Group Employee Benefit Trust and Authorize Directors to Modify and Establish Such Plans | For | For | Mgmt | ||||||||||||
07/16/03 – A | BT GROUP PLC (formerly British Telecommunications Plc) | GB0030913577 | None | 332,778 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 4.25 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Reelect Anthony Greener as Director | For | For | Mgmt | ||||||||||||
5 | Reelect Louis Hughes as Director | For | For | Mgmt | ||||||||||||
6 | Reelect Maarten van den Bergh as Director | For | For | Mgmt | ||||||||||||
7 | Elect Clayton Brendish as Director | For | For | Mgmt | ||||||||||||
8 | Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
9 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 143 Million | For | For | Mgmt | ||||||||||||
10 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 21 Million | For | For | Mgmt | ||||||||||||
11 | Authorize 867 Million Shares for Share Repurchase Program | For | For | Mgmt | ||||||||||||
12 | Authorize British Telecommunications plc to Make EU Political Donations up to GBP 100,000 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 1 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
07/30/03 – A | Vodafone Group PLC | GB0007192106 | None | 5,041,492 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Reelect Lord MacLaurin of Knebworth as Director | For | For | Mgmt | ||||||||||||
4 | Reelect Kenneth Hydon as Director | For | For | Mgmt | ||||||||||||
5 | Reelect Thomas Geitner as Director | For | For | Mgmt | ||||||||||||
6 | Reelect Alec Broers as Director | For | For | Mgmt | ||||||||||||
7 | Reelect Juergen Schrempp as Director | For | For | Mgmt | ||||||||||||
8 | Elect John Buchanan as Director | For | For | Mgmt | ||||||||||||
9 | Approve Final Dividend of 0.8983 Pence Per Share | For | For | Mgmt | ||||||||||||
10 | Ratify Deloitte and Touche as Auditors | For | For | Mgmt | ||||||||||||
11 | Authorize Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
12 | Authorize EU Political Donations up to GBP 100,000 | For | For | Mgmt | ||||||||||||
13 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of USD 900,000,000 | For | For | Mgmt | ||||||||||||
14 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of USD 340,000,000 | For | For | Mgmt | ||||||||||||
15 | Authorize 6,800,000,000 Shares for Share Repurchase Program | For | For | Mgmt | ||||||||||||
08/15/03 - A | James Hardie Industries NV | AU000000JHX1 | None | 198,828 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
3 | Authorize Cameron and McGauchie to Participate in Supervisory Board Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Elect F. Zwinkels to Management Board | For | For | Mgmt | ||||||||||||
5 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
6 | Authorize US$48.4 Million Capitalization of Reserves for an Increase in Par Value to Allow for Return of Capital to Shareholders (Item 7) | For | For | Mgmt | ||||||||||||
7 | Approve Reduction in Capital via Lowering of Par Value by US$0.15 Per Share; Return Capital in the Aggregate Amount of US$48.4 to Shareholders | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 2 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/ | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
8 | Authorize Members of Joint and Management Boards and De Brauw Blackstone Westbroek N.V. to Make Editorial Changes to Adopted Resolutions in Connection with Registration with Dutch Authorities | For | For | Mgmt | ||||||||||||
09/04/03 - S | Ahold Kon Nv | NL0000331817 | None | 239,943 | ||||||||||||
1 | Open Meeting | None | Mgmt | |||||||||||||
2 | Receive Explanation with Respect to Deferral of Publication of 2002 Annual Accounts and Annual Report | None | Mgmt | |||||||||||||
3.1A | Elect A.C. Moberg to Management Board | For | Mgmt | |||||||||||||
3.1B | Elect M. van Olffen to Management Board | Against | Mgmt | |||||||||||||
3.2A | Elect H.R. Ryoeppoenen to Management Board | For | Mgmt | |||||||||||||
3.2B | Elect J.W. Hoevers to Management Board | Against | Mgmt | |||||||||||||
4 | Receive Presentation about Company’s New Strategy | None | Mgmt | |||||||||||||
5 | Close Meeting | None | Mgmt | |||||||||||||
Not voted per client instruction. | ||||||||||||||||
09/22/03 - S | Li & Fung | BMG5485F1445 | None | 320,000 | ||||||||||||
1 | Approve Acquisition of Remaining Interest in International Sourcing Group LLC. for a Total Consideration of $5.2 Million to be Satisfied by the Issuance of 3.8 Million New Shares of HK$0.025 Each | For | For | Mgmt | ||||||||||||
10/06/03 - S | France Telecom SA | FR0000133308 | None | 70,371 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Amend Terms of Share Repurchase Plan Submitted to Shareholder Vote at May 27, 2003, AGM/EGM | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
2 | Authorize Board to Issue Up to 100 Million Shares to Participants of Orange’s Stock Option Plan, Share Purchase Plan, Orange Senior Discretionary Share Plan and Restricted Share Plan, As Well As Signatories of France Telecom Liquidity Agreement | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 3 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
10/15/03 - A | News Corporation Ltd. | AU000000NCP0 | 10/13/03 | 341,186 | ||||||||||||
1 | Elect Lachlan Murdoch as Director | For | For | Mgmt | ||||||||||||
2 | Elect Thomas Perkins as Director | For | For | Mgmt | ||||||||||||
3 | Elect Stanley Shuman as Director | For | For | Mgmt | ||||||||||||
4 | Elect Arthur Siskind as Director | For | For | Mgmt | ||||||||||||
5 | Approve Stock Option Plan Grants to Executive Directors | For | For | Mgmt | ||||||||||||
6 | Approve Remuneration of Directors in the Amount of Up to AUD 1.85 Million | For | For | Mgmt | ||||||||||||
10/22/03 - A | Diageo Plc (Formerly Guinness Plc) | GB0002374006 | None | 454,065 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | �� | For | Mgmt | |||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 15.7 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Reelect Lord Blyth as Director | For | For | Mgmt | ||||||||||||
5 | Reelect Keith Oates as Director | For | For | Mgmt | ||||||||||||
6 | Reelect Paul Walsh as Director | For | For | Mgmt | ||||||||||||
7 | Approve KPMG Audit Plc as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
8 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 44,833,003 | For | For | Mgmt | ||||||||||||
9 | Authorize 309,885,718 Shares for Share Repurchase Program | For | For | Mgmt | ||||||||||||
11/11/03 - A | Smiths Group Plc (Formerly Smiths Industries PLC) | GB0008182700 | None | 113,625 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 17.25 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Reelect K Butler-Wheelhouse as Director | For | For | Mgmt | ||||||||||||
5 | Reelect J Ferrie as Director | For | For | Mgmt | ||||||||||||
6 | Reelect J Horn-Smith as Director | For | For | Mgmt | ||||||||||||
7 | Ratify PricewaterhouseCoopers LLP as Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 4 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
8 | Authorize Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
9 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of GBP 46,629,434 | For | For | Mgmt | ||||||||||||
10 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 6,994,415 | For | For | Mgmt | ||||||||||||
11 | Authorize 55,955,321 Shares for Share Repurchase Program | For | For | Mgmt | ||||||||||||
11/18/03 - A | Sun Hung Kai Properties Ltd. | HK0016000132 | 11/10/03 | 366,000 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend | For | For | Mgmt | ||||||||||||
3 | Reelect Directors and Fix Their Remuneration | For | For | Mgmt | ||||||||||||
4 | Reappoint Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
5 | Approve Repurchase of Up to 10 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
6 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
7 | Authorize Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
8 | Other Business (Voting) | For | For | Mgmt | ||||||||||||
11/21/03 - A | Wolseley PLC | GB0009764027 | None | 245,863 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 15.6 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Elect Gareth Davis as Director | For | For | Mgmt | ||||||||||||
5 | Elect Gerard Legtmann as Director | For | For | Mgmt | ||||||||||||
6 | Reelect John Whybrow as Director | For | For | Mgmt | ||||||||||||
7 | Reelect Stephen Webster as Director | For | For | Mgmt | ||||||||||||
8 | Reelect Fenton Hord as Director | For | For | Mgmt | ||||||||||||
9 | Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
10 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of GBP 7,259,465 | For | For | Mgmt | ||||||||||||
11 | Authorize 58,075,722 Shares for Share Repurchase Program | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 5 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
12 | Approve Wolesley Share Option Plan 2003 | For | For | Mgmt | ||||||||||||
13 | Authorize EU Political Donations up to GBP 125,000 | For | For | Mgmt | ||||||||||||
02/16/04 - A | Compass Group Plc | GB0005331532 | None | 503,776 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 5.7 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Re-elect Michael Bailey as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Denis Cassidy as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Sir Francis Mackay as Director | For | For | Mgmt | ||||||||||||
7 | Ratify Deloitte and Touche LLP as Auditors | For | For | Mgmt | ||||||||||||
8 | Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
9 | Authorise EU Political Donations up to GBP 125,000 | For | For | Mgmt | ||||||||||||
10 | Amend the Compass Group UK Savings-Related Share Option Scheme, the Compass Group PLC Internation Sharesave Scheme, the Compass Group Share Option Plan, the Compass Group Management Share Option Plan and the Compass Group Long-Term Incentive Plan | For | For | Mgmt | ||||||||||||
11 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 10.8 Million | For | For | Mgmt | ||||||||||||
12 | Authorise 216,887,191 Shares for Market Repurchase | For | For | Mgmt | ||||||||||||
02/24/04 - A | Novartis AG | CH0012005267 | 02/04/04 | 169,923 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Discharge of the Board and Senior Management | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of CHF 1.00 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Transfer of CHF 360.9 Million from General Reserves to Free Reserves | For | For | Mgmt | ||||||||||||
5 | Approve CHF 12.1 Million Reduction in Share Capital via Share Cancellation | For | For | Mgmt | ||||||||||||
6 | Authorize Repurchase of up to Ten Percent of Issued Share Capital | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 6 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
7 | Amend Articles Re: Reduce Board Terms from Four to Three Years | For | For | Mgmt | ||||||||||||
8.1 | Approve Resignation of Walter Frehner and Heini Lippuner | For | For | Mgmt | ||||||||||||
8 | Elect Directors | For | For | Mgmt | ||||||||||||
9 | Ratify PricewaterhouseCoopers AG as Auditors | For | For | Mgmt | ||||||||||||
02/27/04 - A/S | Royal Bank Of Canada *RY.* | CA7800871021 | 01/09/04 | 37,855 | ||||||||||||
Management Proposals | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Deloitte & Touche LLP as Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
3 | Adopt By-Law Prohibiting CEO from Sitting on Other Boards | Against | Against | ShrHoldr | ||||||||||||
4 | Disclose Total Value of Pension Benefits of Senior Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Adopt By-Law Providing that Insiders Give Notice of Stock Trades and Stock Option Exercise | Against | Against | ShrHoldr | ||||||||||||
6 | Provide Written Response to Question Raised at Annual Meeting by the Same Bank Representative who Answered the Question at the Annual Meeting | Against | Against | ShrHoldr | ||||||||||||
02/27/04 - A | Samsung Electronics Co. Ltd. | KR7005930003 | 12/31/03 | 23,776 | ||||||||||||
1 | Approve Financial Statements and Appropriation of Income, with Total Dividend of KRW 5500 Per Share | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
2.2 | Appoint One Member of Audit Committee | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Approve Limit on Remuneration of Directors | For | For | Mgmt | ||||||||||||
03/03/04 - S | Ahold Kon Nv | NL0000331817 | None | 101,477 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Discussion of Company’s Corporate Governance Structure | None | None | Mgmt | ||||||||||||
3 | �� | Amend Articles Re: Changes to Company’s Corporate Governance Structure to Reflect Recommendations by Dutch Corporate Governance Code | For | For | Mgmt | |||||||||||
4 | Approve Terms Governing Conversion of Cumulative Preferred Financing Shares into Common Shares | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 7 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5 | Approve Remuneration Policy of Executive Board | For | For | Mgmt | ||||||||||||
6 | Receive Information on Current Investigations and Lawsuits | None | None | Mgmt | ||||||||||||
7 | Adjourn Meeting | None | None | Mgmt | ||||||||||||
03/12/04 - A | KT Corp (formerly Korea Telecom Corporation) | KR7030200000 | 12/31/03 | 51,470 | ||||||||||||
1 | Approve Appropriation of Income and Dividends of KRW 2000 Per Common Share | For | For | Mgmt | ||||||||||||
2 | Amend Articles of Incorporation to Reduce Maximum Board Size, Allow Multiple Representative Directors, Change Newspaper Used for Public Notices | For | For | Mgmt | ||||||||||||
3 | Elect Members of Audit Committee | For | For | Mgmt | ||||||||||||
4 | Elect Directors | For | For | Mgmt | ||||||||||||
4.3 | Elect a Shareholder-Nominee to the Board | Against | Against | ShrHoldr | ||||||||||||
5 | Approve Limit on Remuneration of Directors | For | For | Mgmt | ||||||||||||
6 | Amend Terms of Management Contract with Company President | For | For | Mgmt | ||||||||||||
03/12/04 - A | POSCO (formerly Pohang Iron & Steel) | KR7005490008 | 12/31/03 | 23,130 | ||||||||||||
1 | Approve Appropriation of Income, with a Year-End Dividend of KRW 5000 Per Share | For | For | Mgmt | ||||||||||||
2.1 | Amend Articles of Incorporation Re: Cumulative Voting | For | For | Mgmt | ||||||||||||
2.2 | Amend Articles of Incorporation Re: Corporate Governance | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
3.2.1 | Elect Member of Audit Committee | For | For | Mgmt | ||||||||||||
3.2.2 | Elect Member of Audit Committee | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4 | Approve Limit on Remuneration of Directors | For | For | Mgmt | ||||||||||||
03/19/04 - A | Korea Electric Power Corp | KR7015760002 | 12/31/03 | 76,390 | ||||||||||||
1 | Approve Appropriation of Income and Dividends of KRW 1050 Per Share | For | For | Mgmt | ||||||||||||
2 | Elect Han Joon-Ho as New President | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 8 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
03/25/04 - A | Nokia Corp. | FI0009000681 | 03/15/04 | 265,672 | ||||||||||||
1.1 | Receive Financial Statements | None | None | Mgmt | ||||||||||||
1.2 | Receive Auditors’ Report | None | None | Mgmt | ||||||||||||
1.3 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
1.4 | Approve Discharge of Board and President | For | For | Mgmt | ||||||||||||
1.5 | Fix Number of Directors at Eight (A Reduction from the Current Nine Directors) | For | For | Mgmt | ||||||||||||
1.6 | Approve Remuneration of Directors and Auditors | For | For | Mgmt | ||||||||||||
2 | Approve Between EUR 5.7 Million and EUR 8.8 Million Reduction in Share Capital via Cancellation of Between 94.5 Million and 146 Million Shares | For | For | Mgmt | ||||||||||||
3 | Approve Issuance of Shares, Stock Options, or Convertible Bonds up to Aggregate Nominal Value of EUR 55.5 Million (Out of Which EUR 3 Million for Incentive Plans) without Preemptive Rights | For | For | Mgmt | ||||||||||||
4 | Authorize Repurchase of Up to 230 Million Nokia Shares | For | For | Mgmt | ||||||||||||
5 | Authorize Reissuance of 230 Million Repurchased Shares | For | For | Mgmt | ||||||||||||
6 | Approve Allocation of EUR 5 Million to Company Foundation to Support the Scientific Development of the Information and Telecommunications Technologies and to Promote Education in the Sector | For | For | Mgmt | ||||||||||||
7 | Approve Dividends of EUR 0.30 Per Share | For | For | Mgmt | ||||||||||||
8 | Reelect Paul Collins, Georg Ehrnrooth, Bengt Holmstroem, Per Karlsson, Jorma Ollila, Marjorie Scardino, Vesa Vainio, and Arne Wessberg | For | For | Mgmt | ||||||||||||
9 | Reelect PricewaterhouseCoopers as Auditors | For | For | Mgmt | ||||||||||||
03/25/04 - A | Philips Electronics Nv | NL0000009538 | None | 218,075 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2.1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2.2 | Receive Explanation of Corporate Governance Structure | None | None | Mgmt | ||||||||||||
2.3 | Receive Explanation of Policy on Reserves and Dividends | None | None | Mgmt | ||||||||||||
2.4 | Approve Dividends of EUR 0.36 Per Share | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 9 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2.5 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
2.6 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
3 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
4.1 | Approve Remuneration Policy of Management Board | For | For | Mgmt | ||||||||||||
4.2 | Amend 2003 Long-Term Incentive Plan Regarding Distribution of Shares: Allocate a Maximum of 2.5 Percent of Annual Pool of Shares Reserved for LTIP to Management Board on Annual Basis | For | For | Mgmt | ||||||||||||
5 | Grant Board Authority to Issue Shares Restricting/Excluding Preemptive Rights Up to 20 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
6 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
7 | Authorize Board to Set Record Date | For | For | Mgmt | ||||||||||||
8 | Other Business (Non-Voting) | None | None | Mgmt | ||||||||||||
9 | Close Meeting | None | None | Mgmt | ||||||||||||
03/30/04 - A | Canon Inc. | JP3242800005 | 12/31/03 | 271,000 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 15, Final JY 35, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.3 | Appoint Internal Statutory Auditor | For | Against | Mgmt | ||||||||||||
5 | Appoint Additional External Auditor | For | For | Mgmt | ||||||||||||
6 | Approve Retirement Bonuses for Directors and Statutory Auditors | For | For | Mgmt | ||||||||||||
7 | Approve Adjustment to Aggregate Compensation Ceiling for Directors and Statutory Auditors | For | For | Mgmt | ||||||||||||
04/07/04 - A | TPG NV (formerly Tnt Post Group Nv) | NL0000009058 | 03/31/04 | 17,610 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Receive Presentation by M. Bakker | None | None | Mgmt | ||||||||||||
3 | Receive Report of Management Board | None | None | Mgmt | ||||||||||||
4 | Discussion about Company’s Corporate Governance Policy | None | None | Mgmt | ||||||||||||
5.1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 10 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5.2 | Receive Explanation of Company’s Reserves and Dividend Policy | None | None | Mgmt | ||||||||||||
5.3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
5.4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
5.5 | Authorize Board to Prepare Annual Report in English | For | For | Mgmt | ||||||||||||
6 | Elect Directors | For | For | Mgmt | ||||||||||||
7 | Approve Remuneration Policy for Management Board | For | For | Mgmt | ||||||||||||
8.1 | Opportunity for General Meeting to Make Recommendations for Appointment Member of Supervisory Board | None | None | Mgmt | ||||||||||||
8 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
8.3 | Receive Announcement of Resignation of J. Hommem from Supervisory Board | None | None | Mgmt | ||||||||||||
9.1 | Grant Board Authority to Issue All Preference B Shares as well as Ordinary Shares Up to 20 Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
9.2 | Grant Board Authority to Restrict/Exclude Preemptive Rights from Ordinary Share Issuance Under Item 9.1 | For | For | Mgmt | ||||||||||||
10 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
11 | Receive Announcement on the Conclusions of Three-Year Assessment of the Functioning of the External Auditor | None | None | Mgmt | ||||||||||||
12 | Amend Articles Re: Add Indemnity Clause to Indemnify Members of Management Board and Supervisory Board | For | For | Mgmt | ||||||||||||
13 | Allow Questions | None | None | Mgmt | ||||||||||||
14 | Close Meeting | None | None | Mgmt | ||||||||||||
04/07/04 - S | WPP Group Plc | GB0009740423 | None | 207,994 | ||||||||||||
1 | Approve 2004 Leadership Equity Acquisition Plan | For | For | Mgmt | ||||||||||||
04/09/04 - A/S | France Telecom SA | FR0000133308 | None | 122,830 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Approve Financial Statements and Discharge Directors for Fiscal Year Ended Dec. 2003 | For | For | Mgmt | ||||||||||||
2 | Accept Consolidated Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 2003 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 11 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Approve Treatment of Losses and Dividends of EUR 0.25 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
6 | Fix Issue Price of Previous Authority to Issue Equity or Equity-Linked Securities without Preemptive Rights Submitted to Shareholder Vote at Feb. 25, 2003 EGM to Increase Capital by up to EUR 30 Billion | For | For | Mgmt | ||||||||||||
7 | Amend Article 1, 2, and 7 to Reflect 2003 Legislative Changes, Postal Service and Telecommunication Code, and European Parliament Directives | For | For | Mgmt | ||||||||||||
8 | Amend Articles to Reflect 2003 Legislative Changes; Remove French Government Obligation to Retain Majority Stake in Company and Amend Articles with Respect to Board Composition | For | For | Mgmt | ||||||||||||
9 | Amend Articles to Reflect Potential Change in Control with Respect to Powers of Chairman and Management | For | For | Mgmt | ||||||||||||
10 | Amend Articles of Association to Introduce Liquidation Provision | For | For | Mgmt | ||||||||||||
11 | Authorize Board to Issue Up to 30 Million Shares to Participants of Wanadoo Stock Option Plan in Connection with France Telecom Liquidity Agreement | For | For | Mgmt | ||||||||||||
12 | Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan | For | For | Mgmt | ||||||||||||
13 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
04/15/04 - A | Ubs Ag | CH0012032030 | None | 30,623 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Allocation of Income and Dividends of CHF 2.60 per Share | For | For | Mgmt | ||||||||||||
3 | Approve Discharge of Board and Senior Management | For | For | Mgmt | ||||||||||||
4 | Elect Directors | For | For | Mgmt | ||||||||||||
4.3 | Ratify Ernst and Young as Auditors | For | For | Mgmt | ||||||||||||
5.1 | Approve CHF 47.6 Million Reduction in Share Capital via Cancellation of Shares | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 12 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5.2 | Authorize Repurchase of Issued Share Capital | For | For | Mgmt | ||||||||||||
04/20/04 - A | Vnu (Nv Verenigd Bezit Vnu) | NL0000389872 | 04/13/04 | 11,140 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Receive Report of Management Board | None | None | Mgmt | ||||||||||||
3.1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3.2 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
3.3 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
4.1 | Receive Explanation of Company’s Reserves and Dividend Policy | None | None | Mgmt | ||||||||||||
4.2 | Approve Dividends | For | For | Mgmt | ||||||||||||
5 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
6.1 | Grant Board Authority to Issue Common and Seven Percent Preference Shares Up to 20 Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
6.2 | Grant Board Authority to Issue All Authorized Yet Unissued Preference B Shares Restricting/Excluding Preemptive Rights | For | For | Mgmt | ||||||||||||
6.3 | Grant Board Authority to Exclude Preemptive Rights from Issuance of Common Shares Under Item 6.1 | For | For | Mgmt | ||||||||||||
7 | Ratify Auditors | For | For | Mgmt | ||||||||||||
8 | Discussion about Company’s Corporate Governance Report | None | None | Mgmt | ||||||||||||
9 | Approve Remuneration of Management Board | For | For | Mgmt | ||||||||||||
10 | Reelect P. Elverding and J. Brentjes to Supervisory Board | For | For | Mgmt | ||||||||||||
11 | Approve Remuneration of Supervisory Board | For | For | Mgmt | ||||||||||||
12 | Other Business | None | None | Mgmt | ||||||||||||
13 | Close Meeting | None | None | Mgmt | ||||||||||||
04/21/04 - A/S | Axa (Formerly Axa-Uap) | FR0000120628 | None | 183,274 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of EUR 0.57 per Share | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 13 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Reelect Claude Bebear as Supervisory Board Member | For | For | Mgmt | ||||||||||||
6 | Ratify Mazars & Guerard as Auditors | For | For | Mgmt | ||||||||||||
7 | Ratify Jean Louis Simon as Alternate Auditor | For | For | Mgmt | ||||||||||||
8 | Elect Willy Avereyn as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13 | None | None | Mgmt | ||||||||||||
9 | Elect Cees de Jong as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13 | None | None | Mgmt | ||||||||||||
10 | Elect Jacques Tabourot as Representative of Employee Shareholders to the Supervisory Board, Pending Approval of Item 13 | For | For | Mgmt | ||||||||||||
11 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
12 | Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer | For | Against | Mgmt | ||||||||||||
13 | Amend Article 10 Re: Appointment of Representative of Employee Shareholders to the Supervisory Board | For | For | Mgmt | ||||||||||||
14 | Amend Article 10 Re: Appointment of Employee Representative to the Supervisory Board | Against | Against | Mgmt | ||||||||||||
15 | Approve Reduction in Share Capital via Cancellation of Repurchased Shares | For | For | Mgmt | ||||||||||||
16 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
04/21/04 - A | British American Tobacco Plc | GB0002875804 | None | 213,496 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 27 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
4 | Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
5 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
6a | Elect Paul Adams as Director | For | For | Mgmt | ||||||||||||
6b | Elect Antonio Monteiro de Castro as Director | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 14 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6c | Elect Jan du Plessis as Director | For | For | Mgmt | ||||||||||||
6d | Re-elect Wong Kok Siew as Director | For | For | Mgmt | ||||||||||||
7 | Authorise 207.7 Million Shares for Market Purchase | For | For | Mgmt | ||||||||||||
8a | Amend Articles of Association Re: Treasury Shares | For | For | Mgmt | ||||||||||||
8b | Amend Articles of Association Re: Directors’ Fees | For | Mgmt | |||||||||||||
04/22/04 - A | Hang Seng Bank | HK0011000095 | None | 196,700 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Reappoint Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
4 | Appoint Managing Director | For | For | Mgmt | ||||||||||||
5 | Approve Repurchase of Up to 10 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
6 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
04/22/04 - A | Nestle Sa | CH0012056047 | None | 39,815 | ||||||||||||
1a | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
1b | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Discharge of Board and Senior Management | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of CHF 7.20 per Share | For | For | Mgmt | ||||||||||||
4a | Elect Edward George as Directors | For | For | Mgmt | ||||||||||||
4b | Elect Kaspar Villiger as Directors | For | For | Mgmt | ||||||||||||
4c | Elect Rolf Haenggi as Directors | For | For | Mgmt | ||||||||||||
4d | Elect Daniel Borel as Directors | For | For | Mgmt | ||||||||||||
4e | Elect Carolina Mueller as Directors | For | For | Mgmt | ||||||||||||
04/27/04 - A | ING Groep NV | NL0000303600 | 04/20/04 | 45,060 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2.1 | Receive Reports of Management and Supervisory Boards | None | None | Mgmt | ||||||||||||
2.2 | Receive Explanation of Reserves and Dividend Policy | None | None | Mgmt | ||||||||||||
3.1 | Approve Financial Statements of 2003 | For | For | Mgmt | ||||||||||||
3.2 | Approve Dividends | For | For | Mgmt | ||||||||||||
4 | Ratify Ernst & Young Accountants as Auditors | For | For | Mgmt | ||||||||||||
5.1 | Approve Discharge of Management Board | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 15 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
5.2 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
6 | Discussion about Company’s Corporate Governance Report | None | None | Mgmt | ||||||||||||
7.1 | Approve Remuneration Policy of Management Board | For | For | Mgmt | ||||||||||||
7.2 | Approve Long-Term Incentive Plan (50 Percent Stock Options and 50 Percent Performance Shares) | For | For | Mgmt | ||||||||||||
8 | Amend Articles Re: Binding Director Nominations; Establish Profile on Expertise and Ethical Standards for Directors; Approve Remuneration Policy for Management Board; Threshold for Submitting Shareholder Proposals; Reduce Par Value of B Preference Share | For | For | Mgmt | ||||||||||||
9 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
10 | Elect E. Bourdais de Charbonniere as New Member of Supervisory Board | For | For | Mgmt | ||||||||||||
11 | Grant Board Authority to Issue Ordinary Shares Restricting/Excluding Preemptive Rights Up to 20 Percent of Issued Capital and All Authorized Yet Unissued B Preference Shares Restricting/Excluding Preemptive Rights | For | For | Mgmt | ||||||||||||
12 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
13 | Other Business | None | None | Mgmt | ||||||||||||
04/28/04 - A | E.ON AG (formerly Veba Ag) | DE0007614406 | None | 125,284 | ||||||||||||
1 | Receive Financial Statements and Statutory Reports | None | None | Mgmt | ||||||||||||
2 | Approve Allocation of Income and Dividends of EUR 2.00 per Share | For | For | Mgmt | ||||||||||||
3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
5 | Amend Articles Re: Allow for the Issuance of Dividends in Kind | For | For | Mgmt | ||||||||||||
6 | Approve Affiliation Agreements with Subsidiaries (E.ON Nordic Holding GmbH) | For | For | Mgmt | ||||||||||||
7 | Authorize Share Repurchase Program and Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
8 | Ratify PwC Deutsche Revision AG as Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 16 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
04/28/04 - A | Reed Elsevier Plc(formerly Reed International PLC) | GB0007308355 | None | 165,137 | ||||||||||||
1a | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
1b | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of 8.7 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
3a | Re-appoint Deloitte and Touche LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
3b | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
4a | Re-elect Gerard van de Aast as Director | For | For | Mgmt | ||||||||||||
4b | Re-elect Morris Tabaksblat as Director | For | For | Mgmt | ||||||||||||
4c | Re-elect Rolf Stomberg as Director | For | For | Mgmt | ||||||||||||
4d | Re-elect Lord Sharman Of Redlynch as Director | For | For | Mgmt | ||||||||||||
5 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 25,000,000 | For | For | Mgmt | ||||||||||||
6 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 7,900,000 | For | For | Mgmt | ||||||||||||
7 | Authorise 127 Million Shares for Market Purchase | For | For | Mgmt | ||||||||||||
04/28/04 - A/S | Total S.A. (Formerly Total Fina Elf S.A ) | FR0000120271 | None | 64,715 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Net Dividends of EUR 4.70 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital and Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
6 | Authorize Issuance of Bonds/Debentures | For | For | Mgmt | ||||||||||||
7 | Reelect Thierry Desmarest as Director | For | For | Mgmt | ||||||||||||
8 | Reelect Thierry de Rudder as Director | For | For | Mgmt | ||||||||||||
9 | Reelect Serge Tchuruk as Director | For | For | Mgmt | ||||||||||||
10 | Elect Daniel Boeuf as Representative of Employee Shareholders to the Board | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 17 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
11 | Elect Philippe Marchandise as Representative of Employee Shareholders to the Board | Against | Against | Mgmt | ||||||||||||
12 | Elect Cyril Mouche as Representative of Employee Shareholders to the Board | Against | Against | Mgmt | ||||||||||||
13 | Elect Alan Cramer as Representative of Employee Shareholders to the Board | Against | Against | Mgmt | ||||||||||||
14 | Ratify Ernst & Young Audit as Auditors | For | For | Mgmt | ||||||||||||
15 | Ratify KPMG Audit as Auditors | For | For | Mgmt | ||||||||||||
16 | Ratify Pierre Jouanne as Alternate Auditor | For | For | Mgmt | ||||||||||||
17 | Ratify Jean-Luc Decornoy as Alternate Auditor | For | For | Mgmt | ||||||||||||
18 | Approve Remuneration of Directors in the Aggregate Amount of EUR 900,000 | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
19 | Approve Stock Option Plan Grants | For | For | Mgmt | ||||||||||||
20 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 4 Billion | For | For | Mgmt | ||||||||||||
21 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 2 Billion | For | For | Mgmt | ||||||||||||
22 | Approve Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan | For | For | Mgmt | ||||||||||||
04/28/04 - A | Travis Perkins plc | GB0007739609 | None | 38,099 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of 16.8 Pence Per Share | For | For | Mgmt | ||||||||||||
3 | Re-elect Paul Hampden Smith as Director | For | For | Mgmt | ||||||||||||
4 | Re-elect Frank McKay as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Tim Stevenson as Director | For | For | Mgmt | ||||||||||||
6 | Elect Chris Bunker as Director | For | For | Mgmt | ||||||||||||
7 | Reappoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
8 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
9 | Amend Travis Perkins 2001 Executive Share Option Scheme | For | For | Mgmt | ||||||||||||
10 | Approve Travis Perkins Share Matching Plan | For | For | Mgmt | ||||||||||||
11 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2,157,802 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page18 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
12 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 567,110 | For | For | Mgmt | ||||||||||||
13 | Authorise 11,342,198 Shares for Market Purchase | For | For | Mgmt | ||||||||||||
04/29/04 - A | Abn Amro Holding Nv | NL0000301109 | 04/22/04 | 323,003 | ||||||||||||
1 | Receive Report of Management Board | None | None | Mgmt | ||||||||||||
2 | Discussion about Company’s Corporate Governance Report | None | None | Mgmt | ||||||||||||
3.1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3.2 | Approve Dividends | For | For | Mgmt | ||||||||||||
3.3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
3.4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
4 | Approve Remuneration Policy | For | For | Mgmt | ||||||||||||
5 | Reappoint Ernst & Young as Auditors | For | For | Mgmt | ||||||||||||
6 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
7.1 | Abolish Antitakeover Preference Shares through Repurchase and Cancellation of Shares | For | For | Mgmt | ||||||||||||
7.2 | Amend Articles to Reflect Cancellation of Preference Shares (Item 7.1) | For | For | Mgmt | ||||||||||||
8 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
9.1 | Grant Board Authority to Issue Ordinary Shares and Convertible Preference Shares Up to 20 Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
9.2 | Grant Board Authority to Exclude Preemptive Rights from Issuance Under Item 9.1 | For | For | Mgmt | ||||||||||||
10 | Other Business | None | None | Mgmt | ||||||||||||
04/29/04 - A | Barclays Plc | GB0031348658 | None | 797,033 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Elect Sir Richard Broadbent as Director | For | For | Mgmt | ||||||||||||
4 | Elect Roger Davis as Director | For | For | Mgmt | ||||||||||||
5 | Elect Gary Hoffman as Director | For | For | Mgmt | ||||||||||||
6 | Elect Naguib Kheraj as Director | For | For | Mgmt | ||||||||||||
7 | Elect David Roberts as Director | For | For | Mgmt | ||||||||||||
8 | Re-elect Sir Peter Middleton as Director | For | For | Mgmt | ||||||||||||
9 | Re-elect Stephen Russell as Director | For | For | Mgmt | ||||||||||||
10 | Re-elect Christopher Lendrum as Director | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 19 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
11 | Re-elect Sir Brian Jenkins as Director | For | For | Mgmt | ||||||||||||
12 | Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
13 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
14 | Authorise Issuance of Equity or Equity-Linked Securities without Pre- emptive Rights up to Aggregate Nominal Amount of GBP 82,053,000 | For | For | Mgmt | ||||||||||||
15 | Authorise 984,600,000 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
04/29/04 - A | Heineken Nv | NL0000009157 | None | 32,745 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income | For | For | Mgmt | ||||||||||||
4 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
5 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
6 | Approve Lowering in Par Value from EUR 2 to EUR 1.60 via a 5:4 (Five New Shares for Every Four Currently Held) Stock Split | For | For | Mgmt | ||||||||||||
7 | Amend Articles Re: 5:4 Stock Split; Editorial Changes | For | For | Mgmt | ||||||||||||
8 | Elect Supervisory Board Member | Split | Split | Mgmt | ||||||||||||
8.1 | Elect A. Risseeuwto Supervisory Board — For | |||||||||||||||
8.2 | Elect R. Overgaauw to Supervisory Board — Against | |||||||||||||||
9 | Elect Directors | Split | Split | Mgmt | ||||||||||||
9.1 | Elect K. Bueche to Management Board — For | |||||||||||||||
9.2 | Elect J. Buijs to Management Board — Against | |||||||||||||||
10 | Discussion about Company’s Corporate Governance Report | None | None | Mgmt | ||||||||||||
04/29/04 - A | Reed Elsevier NV (Formerly Elsevier Nv) | NL0000349488 | 04/22/04 | 246,028 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Documents Received | None | None | Mgmt | ||||||||||||
3 | Receive Report of Management Board | None | None | Mgmt | ||||||||||||
4 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
5 | Approve Dividends of EUR 0.30 per Ordinary Share | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 20 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6 | Discussion about Company’s Corporate Governance Report | None | None | Mgmt | ||||||||||||
7.1 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
7.2 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
8 | Reelect Deloitte Accountants as Auditors | For | For | Mgmt | ||||||||||||
9 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
10 | Reelect G. van de Aast as Member of Management Board | For | For | Mgmt | ||||||||||||
11 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
12.1 | Grant Board Authority to Issue Shares Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
12.2 | Grant Board Authority to Restrict/Exclude Preemptive Rights for Share Issuance under Item 12.1 | For | For | Mgmt | ||||||||||||
13 | Other Business | None | None | Mgmt | ||||||||||||
14 | Close Meeting | None | None | Mgmt | ||||||||||||
04/29/04 - A | Telefonica S.A. (Formerly Telefonica De Espana, S.A.) | ES0178430E18 | None | 351,862 | ||||||||||||
1 | Approve Financial Statements, Allocation of Income, and Discharge Directors | For | For | Mgmt | ||||||||||||
2 | Approve Dividend Per Share | For | For | Mgmt | ||||||||||||
3 | Approve Auditors | For | For | Mgmt | ||||||||||||
4 | Authorize Repurchase of Shares | For | For | Mgmt | ||||||||||||
5 | Approve General Meeting Guidelines | For | For | Mgmt | ||||||||||||
6 | Authorize Board to Ratify and Execute Approved Resolutions | For | For | Mgmt | ||||||||||||
04/29/04 - A | United Overseas Bank | SG1M31001969 | None | 277,000 | ||||||||||||
1 | Adopt Financial Statements and Directors’ and Auditors’ Reports | For | For | Mgmt | ||||||||||||
2 | Declare Final Dividend of SGD 0.40 Per Share | For | For | Mgmt | ||||||||||||
3 | Approve Directors’ Fees of SGD 618,750 | For | For | Mgmt | ||||||||||||
4 | Reappoint Ernst & Young as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
5 | Reelect Sim Wong Hoo as Director | For | For | Mgmt | ||||||||||||
6 | Reelect Lim Pin as Director | For | For | Mgmt | ||||||||||||
7 | Reelect Margaret Lien Wen Hsien as Director | For | For | Mgmt | ||||||||||||
8 | Reelect Ng Boon Yew as Director | For | For | Mgmt | ||||||||||||
9 | ReappointWee Cho Yaw as Director | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 21 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
10 | Approve Issuance of Shares and Grant of Options Pursuant to the 1999 Share Option Scheme | For | For | Mgmt | ||||||||||||
11 | Approve Issuance of Shares without Preemptive Rights | For | For | Mgmt | ||||||||||||
04/29/04 - S | United Overseas Bank | SG1M31001969 | None | 277,000 | ||||||||||||
1 | Authorize Share Repurchase Program | For | For | Mgmt | ||||||||||||
04/30/04 - A | Bayer Ag | DE0005752000 | None | 11,074 | ||||||||||||
1 | Receive Financial Statements, Statutory Reports, and Board Reports; Approve Allocation of Income and Dividends of EUR 0.50 Per Share | For | For | Mgmt | ||||||||||||
2 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
3 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
4 | Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 4 Billion with Preemptive Rights; Approve Creation of EUR 186.9 Million Pool of Conditional Capital to Guarantee Conversion Rights | For | For | Mgmt | ||||||||||||
5 | Authorize Share Repurchase Program and Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
6 | Approve Restructuring Plan | For | For | Mgmt | ||||||||||||
7 | Approve Affiliation Agreements with Subsidiaries | For | For | Mgmt | ||||||||||||
8 | Amend Articles Re: Renumeration of Supervisory Board Members | For | For | Mgmt | ||||||||||||
9 | Ratify PWC Deutsche Revision AG as Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A/S | Telecom Italia Spa.( formerly Olivetti Spa ) | IT0003497168 | 04/29/04 | 1,703,592 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Adopt Rules Governing General Meetings | For | For | Mgmt | ||||||||||||
2 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Elect External Auditors for the Three-Year Term 2004-2006 and Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
4.A | Fix Number of Directors; Set Term of Office of Directors and Directors’ Remuneration | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 22 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4.B | Elect Directors | For | For | Mgmt | ||||||||||||
5 | Redefine Remuneration of Internal Statutory Auditors | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
1.A | Amend Article 2 | For | Against | Mgmt | ||||||||||||
1.B | Amend Article 4 | For | Against | Mgmt | ||||||||||||
1.C | Amend Article 5 | For | Against | Mgmt | ||||||||||||
1.D | Amend Article 6 | For | For | Mgmt | ||||||||||||
1.E | Amend Article 7 | For | Against | Mgmt | ||||||||||||
1.F | Amend Article 9 | For | For | Mgmt | ||||||||||||
1.G | Amend Article 11 | For | For | Mgmt | ||||||||||||
1.H | Amend Article 12 | For | Against | Mgmt | ||||||||||||
1.I | Amend Article 13 | For | For | Mgmt | ||||||||||||
1.J | Amend Article 14 | For | For | Mgmt | ||||||||||||
1.K | Amend Article 15 | For | For | Mgmt | ||||||||||||
1.L | Amend Article 16 | For | For | Mgmt | ||||||||||||
1.M | Amend Article 17 | For | For | Mgmt | ||||||||||||
1.N | Amend Article 18 | For | For | Mgmt | ||||||||||||
1.O | Amend Article 19 | For | For | Mgmt | ||||||||||||
1.P | Introduction of One New Article Following Article 13 of the Bylaws | For | For | Mgmt | ||||||||||||
1.Q | Eliminate Article 20 From the Bylaws | For | For | Mgmt | ||||||||||||
1.R | Renumber Articles of Association; Authorize Board to Ratify and Execute Approved Resolutions | For | For | Mgmt | ||||||||||||
05/05/04 - A | Crh Plc | IE0001827041 | None | 145,357 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Dividends | For | For | Mgmt | ||||||||||||
3a | Elect D.M. Kennedy as Director | For | For | Mgmt | ||||||||||||
3b | Elect P.J. Molloy as Director | For | For | Mgmt | ||||||||||||
3c | Elect W.I. O’Mahony as Director | For | For | Mgmt | ||||||||||||
3d | Elect D.W. Doyle as Director | For | For | Mgmt | ||||||||||||
3e | Elect J.M. de Jong as Director | For | For | Mgmt | ||||||||||||
3f | Elect M. Lee as Director | For | For | Mgmt | ||||||||||||
3g | Elect T.V. Neill as Director | For | For | Mgmt | ||||||||||||
4 | Authorize Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
5 | Approve Issuance of Equity Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
6 | Approve Stock Dividend Program | For | For | Mgmt | ||||||||||||
7 | Amend Articles Re: Company Inquiries Into Beneficial Ownership of Shares | For | For | Mgmt | ||||||||||||
8 | Amend Articles Re: Discharge of D&O Liability Insurance | For | For | Mgmt | ||||||||||||
9 | Amend Articles Re: Repurchase of Shares | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 23 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
10 | Authorize Share Repurchase Program of 10% of Outstanding Ordinary Share Capital | For | For | Mgmt | ||||||||||||
11 | Authorize Re-issuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
05/06/04 - A | Prudential Plc (frm.Prudential Corporation Plc ) | GB0007099541 | None | 312,715 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Re-elect Jonathan Bloomer as Director | For | For | Mgmt | ||||||||||||
4 | Re-elect Philip Broadley as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Rob Rowley as Director | For | For | Mgmt | ||||||||||||
6 | Elect Kathleen O’Donovan as Director | For | For | Mgmt | ||||||||||||
7 | Elect Bridget Macaskill as Director | For | For | Mgmt | ||||||||||||
8 | Elect Mark Norbom as Director | For | For | Mgmt | ||||||||||||
9 | Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
10 | Authorise the Company to Make EU Political Donations up to Aggregate Nominal Amount of GBP 50,000 | For | For | Mgmt | ||||||||||||
11 | Authorise Egg plc to Make EU Political Donations up to Aggregate Nominal Amount of GBP 25,000 | For | For | Mgmt | ||||||||||||
12 | Approve Increase in Authorised Capital from GBP 150 Million to GBP 170 Million and USD 20 Million and EUR 20 Million; by the Creation of 2 Billion Sterling Preference Shares, 2 Billion Dollar Preference Shares and 2 Billion Euro Preference Shares | For | For | Mgmt | ||||||||||||
13 | Authorise Issuance of Sterling Preference Shares with Pre-emptive Rights up to GBP 20 Million; Dollar Preference Shares with Pre-emptive Rights up to USD 20 Million; and Euro Preference Shares with Pre-emptive Rights up to EUR 20 Million | For | For | Mgmt | ||||||||||||
14 | Authorise Issuance of Ordinary Shares with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 33,480,000 | For | For | Mgmt | ||||||||||||
15 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,000,000 | For | For | Mgmt | ||||||||||||
16 | Authorise 200 Million Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
17 | Amend Articles of Association Re: Preference Shares and Final Dividend | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 24 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/06/04 - A | Smith & Nephew PLC | GB0009223206 | None | 333,863 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of 3.1 Pence Per Share | For | For | Mgmt | ||||||||||||
3 | Re-elect Warren Knowlton as Director | For | For | Mgmt | ||||||||||||
4 | Re-elect Christopher O’Donnell as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Richard De Schutter as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Rolf Stomberg as Director | For | For | Mgmt | ||||||||||||
7 | Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
8 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 33,321,078 | For | For | Mgmt | ||||||||||||
9 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
10 | Approve the Smith and Nephew 2004 Performance Share Plan | For | For | Mgmt | ||||||||||||
11 | Approve the Smith and Nephew 2004 Executive Share Option Plan | For | For | Mgmt | ||||||||||||
12 | Approve the Smith and Nephew 2004 Co-investment Plan | For | For | Mgmt | ||||||||||||
13 | Authorise the Directors to Establish Overseas Share Schemes | For | For | Mgmt | ||||||||||||
14 | Authorise the Directors to Establish the New Discretionary Trust | For | For | Mgmt | ||||||||||||
15 | Amend the Smith and Nephew 2001 UK Approved Share Option Plan | For | For | Mgmt | ||||||||||||
16 | Amend the Smith and Nephew 2001 UK Unapproved Share Option Plan | For | For | Mgmt | ||||||||||||
17 | Approve Reclassification of the One Issued ‘B’ Ordinary Share of 12 2/9 Pence as an Ordinary Share Having the Same Rights and Subject to the Same Restrictions as Existing Ordinary Shares | For | For | Mgmt | ||||||||||||
18 | Authorise 93,486,408 Shares for Market Purchase | For | For | Mgmt | ||||||||||||
19 | Adopt New Articles of Association | For | For | Mgmt | ||||||||||||
20 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,713,057 | For | For | Mgmt | ||||||||||||
21 | Approve Increase in Remuneration of Non-Executive Directors to GBP 900,000 Per Year | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 25 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/11/04 - A | Lafarge | FR0000120537 | None | 38,799 | ||||||||||||
Annual Meeting Agenda | ||||||||||||||||
1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income, Dividends of EUR 3.45 per Share, and Stock Dividend Program | For | For | Mgmt | ||||||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Ratify Cooptation of Juan Gallardo as Director | For | For | Mgmt | ||||||||||||
6 | Reelect Jean Keller as Director | For | For | Mgmt | ||||||||||||
7 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital and Reissunace of Repurchased Shares | For | For | Mgmt | ||||||||||||
8 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
05/11/04 - A | Li & Fung | BMG5485F1445 | None | 886,000 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of HK$0.25 Per Share | For | For | Mgmt | ||||||||||||
3a | Reelect Danny Lau Sai Wing as Executive Director | For | For | Mgmt | ||||||||||||
3b | Reelect Annabella Leung Wai Ping as Executive Director | For | For | Mgmt | ||||||||||||
3c | Reelect Paul Edward Selway-Swift as Independent Non-Executive Director | For | For | Mgmt | ||||||||||||
4 | Approve Remuneration of All Directors at HK$80,000 and Additional Remuneration of HK$50,000 for Non-Executive Directors Serving on the Audit Committee | For | For | Mgmt | ||||||||||||
5 | Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
6 | Approve Repurchase of Up to 10 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
7 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
8 | Authorize Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
9 | Amend Bylaws Re: Voting at General Meetings, Material Interest of Directors in Contracts Entered into by the Company, Nomination of Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 26 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/11/04 - A | TI Automotive Ltd. | GB0030675291 | None | 332,400 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
3 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | Unilever Plc | GB0005748735 | None | 550,749 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 11.92 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
4 | Re-elect Niall Fitzgerald as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Antony Burgmans as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Clive Butler as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Patrick Cescau as Director | For | For | Mgmt | ||||||||||||
8 | Re-elect Keki Dadiseth as Director | For | For | Mgmt | ||||||||||||
9 | Re-elect Andre baron van Heemstra as Director | For | For | Mgmt | ||||||||||||
10 | Re-elect Rudy Markham as Director | For | For | Mgmt | ||||||||||||
11 | Elect Kees van der Graaf as Director | For | For | Mgmt | ||||||||||||
12 | Re-elect Lord Brittan of Spennithorne as Director | For | For | Mgmt | ||||||||||||
13 | Re-elect Baroness Chalker of Wallasey as Director | For | For | Mgmt | ||||||||||||
14 | Re-elect Bertrand Collomb as Director | For | For | Mgmt | ||||||||||||
15 | Re-elect Wim Dik as Director | For | For | Mgmt | ||||||||||||
16 | Re-elect Oscar Fanjul as Director | For | For | Mgmt | ||||||||||||
17 | Re-elect Claudio Gonzalez as Director | For | For | Mgmt | ||||||||||||
18 | Re-elect Hilmar Kopper as Director | For | For | Mgmt | ||||||||||||
19 | Re-elect The Lord Simon of Highbury as Director | For | For | Mgmt | ||||||||||||
20 | Re-elect Jeroen van der Veer as Director | For | For | Mgmt | ||||||||||||
21 | Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
22 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
23 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 13,450,000 | For | For | Mgmt | ||||||||||||
24 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 2 Million | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 27 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
25 | Authorise 290 Million Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
26 | Amend Articles of Association Re: New Corporate Governance Arrangements | For | For | Mgmt | ||||||||||||
27 | Amend Articles of Association Re: Treasury Shares | For | For | Mgmt | ||||||||||||
05/13/04 - A | Bayerische Motoren Werke Ag (Bmw) | DE0005190003 | None | 134,778 | ||||||||||||
1 | Receive Financial Statements and Statutory Reports | None | None | Mgmt | ||||||||||||
2 | Approve Allocation of Income and Dividends of EUR 0.58 per Common Share and EUR 0.60 per Preference Share | For | For | Mgmt | ||||||||||||
3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
5 | Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors | For | For | Mgmt | ||||||||||||
6 | Elect Volker Doppelfeld, Franz Haniel, Arthur Kelly, Susanne Klatten, Hubert Markl, Wolfgang Mayrhuber, Joachim Milberg, Stefan Quandt, Juergen Strube, and Hans-Dietrich Winkhaus to the Supervisory Board | For | For | Mgmt | ||||||||||||
05/13/04 - A/S | BNP Paribas SA (Fm. Banque Nationale De Paris) | FR0000131104 | None | 71,146 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of EUR 2.175 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Authorize Issuance of Bonds/Debentures in the Nominal Value of Up to EUR 30 Billion | For | For | Mgmt | ||||||||||||
6 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
7 | Reelect Louis Schweitzer as Director | For | For | Mgmt | ||||||||||||
8 | Reelect Lindsay Owen-Jones as Director | For | For | Mgmt | ||||||||||||
9 | Confirm Expiration of Term of David Peake as Director | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 28 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
10 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
11 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights up to Aggregate Nominal Amount of EUR 1 Billion | For | For | Mgmt | ||||||||||||
12 | Authorize Issuance of Equity or Equity-Linked Securities without Preemptive Rights up to Aggregate Nominal Amount of EUR 340 Million | For | For | Mgmt | ||||||||||||
13 | Authorize Capitalization of Reserves of Up to EUR 1 Billion for Bonus Issue or Increase in Par Value | For | For | Mgmt | ||||||||||||
14 | Allow Board to Issue Shares in the Event of a Public Tender Offer or Share Exchange Offer, Subject to Certain Conditions | For | For | Mgmt | ||||||||||||
15 | Amend Terms of Capital Increase Reserved for Employees Participating in Savings-Related Share Purchase Plan Submitted to Shareholder Vote at May 14, 2003, AGM/EGM | For | For | Mgmt | ||||||||||||
16 | Approve Reduction in Share Capital via Cancellation of Repurchased Shares | For | For | Mgmt | ||||||||||||
17 | Amend Articles of Association Re: Role of Chairman, Access to Information, Internal Control Procedures, Convening of Board Meetings, and Signing of the Minutes of Board Meetings | For | For | Mgmt | ||||||||||||
18 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt | ||||||||||||
05/13/04 - A | Swire Pacific | HK0019000162 | None | 308,000 | ||||||||||||
1 | Approve Final Dividend of HK$1.02 Per A Share and HK$0.204 Per B Share | For | For | Mgmt | ||||||||||||
2a | Reelect P.A. Johansen as Director | For | For | Mgmt | ||||||||||||
2b | Reelect Adrian Swire as Director | For | For | Mgmt | ||||||||||||
3 | Reappoint PricewaterhouseCoopers as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
4 | Approve Repurchase of Up to 10 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
5 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
6 | Authorize Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
7 | Amend Articles Re: Corporate Communications, Postponement of General Meetings, Editing Changes | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 29 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/14/04 - A | Swiss Reinsurance (Schweizerische Rueckversicherungs) | CH0012332372 | None | 4,147 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Discharge of Board and Senior Management | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of CHF 1.10 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Creation of CHF 2 Million Pool of Conditional Capital without Preemptive Rights | For | For | Mgmt | ||||||||||||
5.1a | Reelect George Farr and Rajna Gibson as Directors | For | For | Mgmt | ||||||||||||
5.1b | Elect Kaspar Villiger as Director | For | For | Mgmt | ||||||||||||
5.2 | Reelect PricewaterhouseCoopers Ltd as Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | GlaxoSmithKline PLC (formerly Glaxo Wellcome Plc ) | GB0009252882 | None | 245,381 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Elect Lawrence Culp as Director | For | For | Mgmt | ||||||||||||
4 | Elect Crispin Davis as Director | For | For | Mgmt | ||||||||||||
5 | Elect Sir Robert Wilson as Director | For | For | Mgmt | ||||||||||||
6 | Elect Tachi Yamada as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Sir Christopher Hogg as Director | For | For | Mgmt | ||||||||||||
8 | Re-appoint PricewaterhouseCoopers LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
9 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
10 | Authorise EU Political Donations up to Aggregate Nominal Amount of GBP 100,000 | For | For | Mgmt | ||||||||||||
11 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 74,330,954 | For | For | Mgmt | ||||||||||||
12 | Authorise 594,647,632 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
05/20/04 - A | Cheung Kong Holdings | HK0001000014 | 05/18/04 | 356,000 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 30 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Approve Final Dividend of HK$1.30 Per Share | For | For | Mgmt | ||||||||||||
3a | Reelect Chung Sun Keung, Davy as Director | For | For | Mgmt | ||||||||||||
3b | Reelect Ip Tak Chuen, Edmond as Director | For | For | Mgmt | ||||||||||||
3c | Reelect Chiu Kwok Hung, Justin as Director | For | For | Mgmt | ||||||||||||
3d | Reelect Chow Kun Chee, Roland as Director | For | For | Mgmt | ||||||||||||
3e | Reelect Wong Yick-ming, Rosanna as Director | For | For | Mgmt | ||||||||||||
3f | Reelect Yeh Yuan Chang, Anthony as Director | For | For | Mgmt | ||||||||||||
4 | Reappoint Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
5a | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | For | For | Mgmt | ||||||||||||
5b | Approve Repurchase of Up to 10 Percent of Issued Capital | For | For | Mgmt | ||||||||||||
5c | Authorize Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
05/20/04 - S | Cheung Kong Holdings | HK0001000014 | 05/18/04 | 356,000 | ||||||||||||
Special Business | ||||||||||||||||
1 | Amend Articles Re: Nomination of Directors, Voting at Meetings, Issuance of Share Certificate, Removal of Director by Ordinary Resolution | For | For | Mgmt | ||||||||||||
05/21/04 - A | Cadbury Schweppes Plc | GB0006107006 | None | 377,257 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of 8.35 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
3 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
4 | Re-elect John Sunderland as Director | For | For | Mgmt | ||||||||||||
5 | Elect Ken Hanna as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Rick Braddock as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Roger Carr as Director | For | For | Mgmt | ||||||||||||
8 | Re-elect David Thompson as Director | For | For | Mgmt | ||||||||||||
9 | Re-appoint Deloitte and Touche LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
10 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
11 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 85.27 Million | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 31 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
12 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 12.92 Million | For | For | Mgmt | ||||||||||||
13 | Authorise 25.84 Million Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
14 | Amend Cadbury Schweppes Share Option Plan 1994 | For | For | Mgmt | ||||||||||||
15 | Amend Cadbury Schweppes plc 1997 Long-Term Incentive Plan | For | For | Mgmt | ||||||||||||
16 | Approve Cadbury Schweppes Bonus Share Retention Plan 2004 | For | For | Mgmt | ||||||||||||
17 | Amend Overseas Employee Share Schemes | For | For | Mgmt | ||||||||||||
18 | Authorise the Board to Establish Further Employees Share Plan or Plans | For | For | Mgmt | ||||||||||||
05/21/04 - A | Tomkins Plc | GB0008962655 | None | 99,654 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 7.4 Pence Per Share | For | For | Mgmt | ||||||||||||
4 | Re-elect David Newlands as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Kenneth Lever as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Sir Brian Pitman as Director | For | For | Mgmt | ||||||||||||
7 | Re-appoint Deloitte and Touche LLP as Auditors of the Company | For | For | Mgmt | ||||||||||||
8 | Authorise Board to Fix Remuneration of the Auditors | For | For | Mgmt | ||||||||||||
9 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 12,887,706 | For | For | Mgmt | ||||||||||||
10 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 1,933,155 | For | For | Mgmt | ||||||||||||
11 | Authorise 77,326,236 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
12 | Amend Articles Re: Wordings | For | For | Mgmt | ||||||||||||
05/25/04 - A/S | Eni Spa | IT0003132476 | 05/20/04 | 384,850 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Accept Financial Statements, Consolidated Accounts, and Statutory Reports | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 32 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Approve Allocation of Income | For | For | Mgmt | ||||||||||||
3 | Authorize Share Repurchase Program | For | For | Mgmt | ||||||||||||
4 | Elect External Auditors for the Three-Year Term 2004-2006 and Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
5 | Amend Article 2 of the Set of Rules Governing General Meetings of Eni Spa | For | For | Mgmt | ||||||||||||
6 | Approve Remuneration of Directors | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
1 | Amend Articles To Reflect New Italian Company Law Regulations | For | Against | Mgmt | ||||||||||||
2 | Amend Articles 17, 19, and 28 of the Company’s Bylaws | For | For | Mgmt | ||||||||||||
05/28/04 - A | HSBC Holdings Plc | GB0005405286 | None | 533,750 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2a | Re-elect Lord Butler as Director | For | For | Mgmt | ||||||||||||
2b | Re-elect Baroness Lydia Dunn as Director | For | For | Mgmt | ||||||||||||
2c | Elect Rona Fairhead as Director | For | For | Mgmt | ||||||||||||
2d | Re-elect William Fung as Director | For | For | Mgmt | ||||||||||||
2e | Elect Michael Geoghegan as Director | For | For | Mgmt | ||||||||||||
2f | Re-elect Sharon Hintze as Director | For | For | Mgmt | ||||||||||||
2g | Re-elect John Kemp-Welch as Director | For | For | Mgmt | ||||||||||||
2h | Re-elect Sir Mark Moody-Stuart as Director | For | For | Mgmt | ||||||||||||
2i | Re-elect Helmut Sohmen as Director | For | For | Mgmt | ||||||||||||
3 | Re-appoint KPMG Audit Plc as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
4 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
5 | Authorise 1,099,900,000 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
6 | Auth. Issuance of Non-Cumulative Pref. Shares with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 100,000, USD 100,000 and EUR 100,000; and Auth. Issuance of Ord. Shares with Pre-emptive Rights up to Aggregate Nominal Amount of USD 1,099,900,000 | For | For | Mgmt | ||||||||||||
7 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of USD 274,975,000 | For | For | Mgmt | ||||||||||||
8 | Approve Increase in Remuneration of Non-Executive Directors from GBP 35,000 to GBP 55,000 Per Annum | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 33 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/01/04 - A/S | Aventis SA (Formerly Rhone-Poulenc) | FR0000130460 | None | 1,747 | ||||||||||||
Ordinary Business | ||||||||||||||||
1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Accept Consolidated Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3 | Approve Allocation of Income and Dividends of EUR 1.23 per Share | For | For | Mgmt | ||||||||||||
4 | Approve Special Auditors’ Report Regarding Related-Party Transactions | For | For | Mgmt | ||||||||||||
5 | Authorize Repurchase of Up to Ten Percent of Issued Share Capital | For | For | Mgmt | ||||||||||||
6 | Ratify Yves Nicolas as Alternate Auditor | For | For | Mgmt | ||||||||||||
Special Business | ||||||||||||||||
7 | Amend Article 7 to Reflect 2003 Legal Changes Re: Shareholding Disclosure Requirement | For | For | Mgmt | ||||||||||||
8 | Amend Article 11 to Set Term of Management Board Members at Three Years, Down From Five Years Previously | For | For | Mgmt | ||||||||||||
9 | Amend Article 13 to Set Term of Supervisory Board Members at Three Years, Down From Five Years Previously | For | For | Mgmt | ||||||||||||
Ordinary Business | ||||||||||||||||
10 | Reelect Jean-Marc Bruel as Supervisory Board Member | For | For | Mgmt | ||||||||||||
11 | Reelect Martin Fruhauf as Supervisory Board Member | For | For | Mgmt | ||||||||||||
12 | Reelect Serge Kampf as Supervisory Board Member | For | For | Mgmt | ||||||||||||
13 | Reelect Hubert Markl as Supervisory Board Member | For | For | Mgmt | ||||||||||||
14 | Reelect Gunter Metz as Supervisory Board Member | For | For | Mgmt | ||||||||||||
15 | Reelect Didier Pineau-Valencienne as Supervisory Board Member | For | For | Mgmt | ||||||||||||
16 | Reelect Seham Razzouqi as Supervisory Board Member | For | For | Mgmt | ||||||||||||
17 | Reelect Michel Renault as Supervisory Board Member | For | For | Mgmt | ||||||||||||
18 | Reelect Hans-Jurgen Schinzler as Supervisory Board Member | For | For | Mgmt | ||||||||||||
19 | Reelect Marc Vienot as Supervisory Board Member | For | For | Mgmt | ||||||||||||
20 | Authorize Filing of Required Documents/Other Formalities | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 34 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/02/04 - A | Ahold Kon Nv | NL0000331817 | None | 65,760 | ||||||||||||
1 | Open Meeting | None | None | Mgmt | ||||||||||||
2 | Receive Report Regarding Company Strategy (‘Road to Recovery’) | None | None | Mgmt | ||||||||||||
3.1 | Approve Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
3.2 | Receive Explanation of Company’s Reserves and Dividend Policy | None | None | Mgmt | ||||||||||||
3.3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
3.4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
4 | Elect Supervisory Board Member | For | For | Mgmt | ||||||||||||
5 | Ratify Deloitte & Touche as Auditors | For | For | Mgmt | ||||||||||||
6 | Authorize Board to Change Official Language of the Annual Report to English | For | For | Mgmt | ||||||||||||
7 | Close Meeting | None | None | Mgmt | ||||||||||||
06/02/04 - A | Deutsche Bank | DE0005140008 | 05/27/04 | 38,012 | ||||||||||||
1 | Receive Financial Statements and Statutory Reports | None | None | Mgmt | ||||||||||||
2 | Approve Allocation of Income and Dividends of EUR 1.50 per Share | For | For | Mgmt | ||||||||||||
3 | Approve Discharge of Management Board | For | For | Mgmt | ||||||||||||
4 | Approve Discharge of Supervisory Board | For | For | Mgmt | ||||||||||||
5 | Ratify KPMG Deutsche Treuhand-Gesellschaft AG as Auditors | For | For | Mgmt | ||||||||||||
6 | Authorize Repurchase of up to Ten Percent of Issued Share Capital for Trading Purposes | For | For | Mgmt | ||||||||||||
7 | Authorize Share Repurchase Program and Reissuance of Repurchased Shares | For | For | Mgmt | ||||||||||||
8 | Approve Creation of EUR 150 Million Pool of Conditional Capital with Preemptive Rights | For | For | Mgmt | ||||||||||||
9 | Approve Creation of EUR 48 Million Pool of Conditional Capital with Preemptive Rights | For | For | Mgmt | ||||||||||||
10 | Approve Issuance of Convertible Bonds and/or Bonds with Warrants Attached up to Aggregate Nominal Amount of EUR 6 Billion with Preemptive Rights; Approve Creation of EUR 150 Million Pool of Conditional Capital to Guarantee Conversion Rights | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 35 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/03/04 - A | Kingfisher Plc | GB0033195214 | None | 461,821 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 6.15 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
4 | Elect Duncan Tatton-Brown as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Sir Francis Mackay as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Michael Hepher as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Margaret Salmon as Director | For | For | Mgmt | ||||||||||||
8 | Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
9 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 108,526,099 | For | For | Mgmt | ||||||||||||
10 | Approve Scrip Dividend | For | For | Mgmt | ||||||||||||
11 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to a Nominal Value of 5 Percent of the Issued Share Capital of the Company | For | For | Mgmt | ||||||||||||
12 | Authorise 233,210,664 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
06/15/04 - A | Whitbread Plc | GB0030345457 | None | 60,509 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 16.15 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
4 | Elect Angie Risley as Director | For | For | Mgmt | ||||||||||||
5 | Re-elect Sir John Banham as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Alan Parker as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Stewart Miller as Director | For | For | Mgmt | ||||||||||||
8 | Re-appoint Ernst and Young LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
9 | Amend the Whitbread Long Term Incentive Plan | For | For | Mgmt | ||||||||||||
10 | Authorise the Directors to Set up Share Plans for Employees Overseas | For | For | Mgmt | ||||||||||||
11 | Authorise Market Purchase of Ordinary Shares up to GBP 14,875,000 | For | For | Mgmt | ||||||||||||
12 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 7,437,500 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 36 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/18/04 - A | Hoya Corp. | JP3837800006 | 03/31/04 | 50,000 | ||||||||||||
1 | Amend Articles to: Expand Business Lines - Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Stock Option Plan | For | For | Mgmt | ||||||||||||
06/18/04 - A | NTT DoCoMo Inc. | JP3165650007 | 03/31/04 | 1,314 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 500, Final JY 500, Special JY 500 | For | For | Mgmt | ||||||||||||
2 | Authorize Share Repurchase Program | For | For | Mgmt | ||||||||||||
3 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
4 | Elect Directors | For | For | Mgmt | ||||||||||||
5 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
6 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | Against | Mgmt | ||||||||||||
06/18/04 - A | Tesco Plc | GB0008847096 | None | 1,188,725 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
3 | Approve Final Dividend of 4.77 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
4 | Amend Articles of Association Re: Director’s Retirement Age | For | For | Mgmt | ||||||||||||
5 | Re-elect Charles Allen as Director | For | For | Mgmt | ||||||||||||
6 | Re-elect Philip Clarke as Director | For | For | Mgmt | ||||||||||||
7 | Re-elect Harald Einsmann as Director | For | For | Mgmt | ||||||||||||
8 | Re-elect Veronique Morali as Director | For | For | Mgmt | ||||||||||||
9 | Re-elect Graham Pimlott as Director | For | For | Mgmt | ||||||||||||
10 | Elect Richard Brasher as Director | For | For | Mgmt | ||||||||||||
11 | Elect Ken Hydon as Director | For | For | Mgmt | ||||||||||||
12 | Elect Mervyn Davies as Director | For | For | Mgmt | ||||||||||||
13 | Elect David Reid as Director | For | For | Mgmt | ||||||||||||
14 | Re-appoint PricewaterhouseCoopers LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
15 | Approve Increase in Authorised Share Capital from GBP 481,600,000 to GBP 530,000,000 | For | For | Mgmt | ||||||||||||
16 | Approve Scrip Dividend | For | For | Mgmt | ||||||||||||
17 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 128.07 Million | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 37 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
18 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 19.21 Million | For | For | Mgmt | ||||||||||||
19 | Authorise 768.44 Million Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
20 | Authorise Tesco Stores CR a.s. to Make EU Political Donations up to GBP 25,000 and Incur EU Political Expenditure up to GBP 25,000 | For | For | Mgmt | ||||||||||||
21 | Authorise Tesco Stores SR a.s. to Make EU Political Donations up to GBP 25,000 and Incur EU Political Expenditure up to GBP 25,000 | For | For | Mgmt | ||||||||||||
22 | Authorise Tesco Global Rt to Make EU Political Donations up to GBP 25,000 and Incur EU Political Expenditure up to GBP 25,000 | For | For | Mgmt | ||||||||||||
23 | Authorise Tesco Polska Sp z.o.o. to Make EU Political Donations up to GBP 25,000 and Incur EU Political Expenditure up to GBP 25,000 | For | For | Mgmt | ||||||||||||
24 | Approve the Tesco PLC Performance Share Plan 2004 | For | For | Mgmt | ||||||||||||
25 | Approve the Tesco PLC 2004 Discretionary Share Option Plan | For | For | Mgmt | ||||||||||||
06/23/04 - A | Honda Motor Co. Ltd. | JP3854600008 | 03/31/04 | 148,900 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 19, Final JY 23, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.3 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Adjustment to Aggregate Compensation Ceiling for Directors | For | For | Mgmt | ||||||||||||
6 | Approve Payment of Annual Bonuses to Directors and Statutory Auditors | For | For | Mgmt | ||||||||||||
7 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | For | Mgmt | ||||||||||||
06/24/04 - A | Acom Co. Ltd. | JP3108600002 | 03/31/04 | 10,580 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 40, Final JY 40, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Decrease Authorized Capital to Reflect Share Repurchase - Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 38 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4 | Appoint Internal Statutory Auditor | For | Against | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | Against | Mgmt | ||||||||||||
06/25/04 - A | Ricoh Co. Ltd. | JP3973400009 | 03/31/04 | 108,000 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 10, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.3 | Appoint Internal Statutory Auditor | For | Against | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Directors | For | Against | Mgmt | ||||||||||||
06/28/04 - A | WPP Group Plc | GB0009740423 | None | 195,734 | ||||||||||||
1 | Accept Financial Statements and Statutory Reports | For | For | Mgmt | ||||||||||||
2 | Approve Final Dividend of 4.4 Pence Per Ordinary Share | For | For | Mgmt | ||||||||||||
3a | Elect Orit Gadiesh as Director | For | For | Mgmt | ||||||||||||
3b | Elect Koichiro Naganuma as Director | For | For | Mgmt | ||||||||||||
3c | Elect Paul Spencer as Director | For | For | Mgmt | ||||||||||||
3d | Re-elect Philip Lader as Director | For | For | Mgmt | ||||||||||||
3e | Re-elect Jeremy Bullmore as Director | For | For | Mgmt | ||||||||||||
3f | Re-elect John Jackson as Director | For | For | Mgmt | ||||||||||||
3g | Re-elect Stanley Morten as Director | For | For | Mgmt | ||||||||||||
3h | Re-elect John Quelch as Director | For | For | Mgmt | ||||||||||||
4 | Re-appoint Deloitte and Touche LLP as Auditors and Authorise Board to Fix Remuneration of Auditors | For | For | Mgmt | ||||||||||||
5 | Authorise Issuance of Equity or Equity-Linked Securities with Pre-emptive Rights up to Aggregate Nominal Amount of GBP 39,334,225 | For | For | Mgmt | ||||||||||||
6 | Authorise Issuance of Equity or Equity-Linked Securities without Pre-emptive Rights up to Aggregate Nominal Amount of GBP 5,900,134 | For | For | Mgmt | ||||||||||||
7 | Authorise 118,002,676 Ordinary Shares for Market Purchase | For | For | Mgmt | ||||||||||||
8 | Approve Remuneration Report | For | For | Mgmt | ||||||||||||
9 | Amend the Capital Investment Plan | For | For | Mgmt | ||||||||||||
10 | Amend the Notional Share Award Plan | For | For | Mgmt | ||||||||||||
11 | Approve Increase in Remuneration of Non-Executive Directors from GBP 450,000 to GBP 1,000,000 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 39 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/29/04 - A | Fanuc Ltd. | JP3802400006 | 03/31/04 | 43,900 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 11, Final JY 12, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Adjustment to Aggregate Compensation Ceilings for Directors and Statutory Auditors | For | For | Mgmt | ||||||||||||
6 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | For | Mgmt | ||||||||||||
06/29/04 - A | MILLEA HOLDINGS INC. | JP3910660004 | 03/31/04 | 18 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 11,000, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Director and Statutory Auditor | For | For | Mgmt | ||||||||||||
06/29/04 - A | Mitsubishi Tokyo Financial Group Inc | JP3902900004 | 03/31/04 | 328 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends on Ordinary Shares: Interim JY 0, Final JY 6000, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | Against | Mgmt | ||||||||||||
06/29/04 - A | Mitsui Sumitomo Insurance Co. Ltd | JP3888200007 | 03/31/04 | 27,000 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 0, Final JY 8.5, Special JY 0 | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 40 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.3 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Directors and Statutory Auditors | For | Against | Mgmt | ||||||||||||
06/29/04 - A | Nippon Telegraph & Telephone Corp. | JP3735400008 | 03/31/04 | 1,541 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 2500, Final JY 2500, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Authorize Share Repurchase Program | For | For | Mgmt | ||||||||||||
3 | Amend Articles to: Decrease Authorized Capital from 62.212 Million to 61.93 Million Shares to Reflect Share Repurchase | For | For | Mgmt | ||||||||||||
4 | Elect Directors | For | For | Mgmt | ||||||||||||
5 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
6 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | For | Mgmt | ||||||||||||
06/29/04 - A | Rohm Co. Ltd. | JP3982800009 | 03/31/04 | 21,700 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 12.5, Final JY 42.5, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3.1 | Appoint Internal Statutory Auditor | For | Against | Mgmt | ||||||||||||
3.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
3.3 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
3.4 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
3.5 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4 | Approve Retirement Bonus for Statutory Auditor | For | Against | Mgmt | ||||||||||||
06/29/04 - A | Shin-Etsu Chemical Co. Ltd. | JP3371200001 | 03/31/04 | 95,100 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 8, Final JY 8, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4 | Approve Retirement Bonuses for Directors | For | For | Mgmt | ||||||||||||
5 | Approve Executive Stock Option Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 41 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Select International Equity Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/29/04 - A | Shionogi & Co. Ltd. | JP3347200002 | 03/31/04 | 87,000 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 4.25, Final JY 4.25, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Reduce Minimum Board Size - Reduce Directors Term in Office - Authorize Share Repurchases at Board’s Discretion - Expand Business Lines | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | Against | Mgmt | ||||||||||||
5 | Approve Retirement Bonuses for Directors and Statutory Auditor | For | For | Mgmt | ||||||||||||
06/29/04 - A | Takeda Chemical Industries Ltd. | JP3463000004 | 03/31/04 | 65,600 | ||||||||||||
1 | Approve Allocation of Income, Including the Following Dividends: Interim JY 36, Final JY 41, Special JY 0 | For | For | Mgmt | ||||||||||||
2 | Amend Articles to: Change Company Name in English to Takeda Pharmaceutical Co. Ltd. - Authorize Share Repurchases at Board’s Discretion | For | For | Mgmt | ||||||||||||
3 | Elect Directors | For | For | Mgmt | ||||||||||||
4.1 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
4.2 | Appoint Internal Statutory Auditor | For | For | Mgmt | ||||||||||||
5 | Approve Retirement Bonus for Statutory Auditor | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 42 |
AIT Select Growth Fund — GE Asset Management Incorporated
Effective April 30, 2004, GE Asset Management Incorporated (“GEAM”) assumed sub-adviser responsibilities from Putnam Investment Management, LLC (“Putnam”) for that portion of the Select Growth Fund that was independently managed by Putnam. No Proxy Voting Records are reported for the period April 30, 2004 through June 30, 2004 because GEAM was not required to submit any proxy votes during such period.
Page 1 of 1 |
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
Forest Laboratories -Cl A | 20030811 | ANNUAL | FRX | 345838106 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
Forest Laboratories -Cl A | 20030811 | ANNUAL | FRX | 345838106 | 2.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Forest Laboratories -Cl A | 20030811 | ANNUAL | FRX | 345838106 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
KLA-Tencor | 20031105 | ANNUAL | KLAC | 482480100 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
KLA-Tencor | 20031105 | ANNUAL | KLAC | 482480100 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Medtronic | 20030828 | ANNUAL | MDT | 585055106 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
Medtronic | 20030828 | ANNUAL | MDT | 585055106 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Medtronic | 20030828 | ANNUAL | MDT | 585055106 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Medtronic | 20030828 | ANNUAL | MDT | 585055106 | 4.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
Microsoft | 20031111 | ANNUAL | MSFT | 594918104 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
Microsoft | 20031111 | ANNUAL | MSFT | 594918104 | 2.00 | Amend Stock Option Plan | MGMT | FOR | FOR | |||||||||
Microsoft | 20031111 | ANNUAL | MSFT | 594918104 | 3.00 | Amend Director Stock Option Plan | MGMT | FOR | FOR | |||||||||
Microsoft | 20031111 | ANNUAL | MSFT | 594918104 | 4.00 | SP-Limit or End Charitable Giving | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Paychex | 20031002 | ANNUAL | PAYX | 704326107 | 1.00 | Elect Directors | MGMT | FOR | ABSTAIN | |||||||||
Procter & Gamble | 20031014 | ANNUAL | PG | 742718109 | 1.00 | Elect Directors | MGMT | FOR | ABSTAIN | |||||||||
Procter & Gamble | 20031014 | ANNUAL | PG | 742718109 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Procter & Gamble | 20031014 | ANNUAL | PG | 742718109 | 3.00 | Adopt Director Stock Option Plan | MGMT | FOR | AGAINST | |||||||||
Procter & Gamble | 20031014 | ANNUAL | PG | 742718109 | 4.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Procter & Gamble | 20031014 | ANNUAL | PG | 742718109 | 5.00 | SP-Review or Curb Bioengineering | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Dell | 20030718 | ANNUAL | DELL | 24702R101 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
Dell | 20030718 | ANNUAL | DELL | 24702R101 | 2.00 | Repeal Classified Board | MGMT | FOR | FOR | |||||||||
Dell | 20030718 | ANNUAL | DELL | 24702R101 | 3.00 | Approve Name Change | MGMT | FOR | FOR | |||||||||
Dell | 20030718 | ANNUAL | DELL | 24702R101 | 4.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
Fidelity National Financial | 20030929 | ANNUAL | FNF | 316326107 | 1.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Fidelity National Financial | 20030929 | ANNUAL | FNF | 316326107 | 2.00 | Elect Directors | MGMT | FOR | ABSTAIN | |||||||||
Cisco Systems | 20031111 | ANNUAL | CSCO | 17275R102 | 1.00 | Elect Directors | MGMT | FOR | ABSTAIN | |||||||||
Cisco Systems | 20031111 | ANNUAL | CSCO | 17275R102 | 2.00 | Adopt Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
Cisco Systems | 20031111 | ANNUAL | CSCO | 17275R102 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Cisco Systems | 20031111 | ANNUAL | CSCO | 17275R102 | 4.00 | SP-Misc. Human/Political Rights Proposal | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Cisco Systems | 20031111 | ANNUAL | CSCO | 17275R102 | 5.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Xilinx | 20030807 | ANNUAL | XLNX | 983919101 | 1.00 | Elect Directors | MGMT | FOR | FOR | |||||||||
Xilinx | 20030807 | ANNUAL | XLNX | 983919101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 1.00 | Approve Financial Statements | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 2.00 | Approve Remuneration Policy | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 3.00 | Elect Lord Ian MacLaurin of Knebworth | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 4.00 | Elect Kenneth Hydon | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 5.00 | Elect Thomas Geitner | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 6.00 | Elect Sir Alec Broers | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 7.00 | Elect Jurgen Schrempp | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 8.00 | Elect John Buchanan | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 9.00 | Set Final Dividend at 0.8963 p | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 10.00 | Appoint Outside Auditors | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 11.00 | Set Auditors’ Fees | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 12.00 | Approve Political Donation | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 13.00 | Issue Stock w/ Preemptive Rights | MGMT | FOR | FOR | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 14.00 | Issue Stock w/o Preemptive Rights | MGMT | FOR | AGAINST | ||||||||||
Vodafone Group | 20030730 | ANNUAL | 92857W100 | 15.00 | Authorize Share Repurchase | MGMT | FOR | FOR | ||||||||||
Boston Scientific | 20031006 | SPECIAL | BSX | 101137107 | 1.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Seagate Technology | 20031029 | ANNUAL | STX | 811804103 | 1.00 | Elect Directors | MGMT | FOR | ABSTAIN | |||||||||
Seagate Technology | 20031029 | ANNUAL | STX | 811804103 | 2.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
Seagate Technology | 20031029 | ANNUAL | STX | 811804103 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical | 20031027 | SPECIAL | 881624209 | 1.00 | Election of Directors by Nominee | MGMT | FOR | FOR | ||||||||||
Teva Pharmaceutical | 20031027 | SPECIAL | 881624209 | 2.00 | Approve Directors’ Fees | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 1.00 | Approve Financial Statements | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 2.00 | Set Dividend at 0.57 | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 3.00 | Ratify Board Acts-Legal | MGMT | FOR | AGAINST | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 4.01 | Elect Werner J. Bauer | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 4.02 | Elect Francisco Castaner | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 4.03 | Elect Lodewijk J.R. De Vink | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 5.00 | Appoint Outside Auditors | MGMT | FOR | FOR | ||||||||||
Alcon | 20040427 | ANNUAL | 2852395 | 6.00 | Appoint Appraiser/Special Auditor | MGMT | FOR | FOR | ||||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.01 | Elect Daniel F. Akerson | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.02 | Elect Charlene Barshefsky | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.03 | Elect William G. Bowen | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.04 | Elect Ursula M. Burns | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.05 | Elect Kenneth I. Chenault | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.06 | Elect Peter R. Dolan | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.07 | Elect Vernon E. Jordan Jr. | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.08 | Elect Jan Leschly | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.09 | Elect Richard A. McGinn | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.10 | Elect Edward D. Miller | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.11 | Elect Frank P. Popoff | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 1.12 | Elect Robert D. Walter | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 3.00 | SP-Director Tenure/Retirement Age | SHARE HOLDER | AGAINST | AGAINST | |||||||||
American Express | 20040426 | ANNUAL | AXP | 025816109 | 4.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.01 | Elect M. Bernard Aidinoff | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.02 | Elect Pei-Yuan Chia | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.03 | Elect Marshall A. Cohen | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.04 | Elect William S. Cohen | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.05 | Elect Martin S. Feldstein | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.06 | Elect Ellen V. Futter | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.07 | Elect Maurice R. Greenberg | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.08 | Elect Carla A. Hills | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.09 | Elect Frank J. Hoenemeyer | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.10 | Elect Richard C. Holbrooke | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.11 | Elect Donald P. Kanak | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.12 | Elect Howard I. Smith | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.13 | Elect Martin J. Sullivan | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.14 | Elect Edmund S.W. Tse | MGMT | FOR | FOR |
Page 1 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 1.15 | Elect Frank G. Zarb | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 2.00 | Approve Annual Bonus Plan | MGMT | FOR | AGAINST | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 3.00 | Adopt Director Stock Award Plan | MGMT | FOR | AGAINST | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 5.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 6.00 | SP-Sever Links with Tobacco Industry | SHARE HOLDER | AGAINST | AGAINST | |||||||||
American International Group | 20040519 | ANNUAL | AIG | 026874107 | 7.00 | SP-Link Executive Pay to Social Criteria | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 1.01 | Elect Frank J. Biondi Jr. | MGMT | FOR | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 1.02 | Elect Jerry D. Choate | MGMT | FOR | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 1.03 | Elect Frank C. Herringer | MGMT | FOR | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 1.04 | Elect Gilbert S. Omenn | MGMT | FOR | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 3.00 | SP-Report on EEO | SHARE HOLDER | AGAINST | FOR | |||||||||
Amgen Inc | 20040513 | ANNUAL | AMGN | 031162100 | 4.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Analog Devices | 20040309 | ANNUAL | ADI | 032654105 | 1.01 | Elect Jerald G. Fishman | MGMT | FOR | FOR | |||||||||
Analog Devices | 20040309 | ANNUAL | ADI | 032654105 | 1.02 | Elect F. Grant Saviers | MGMT | FOR | FOR | |||||||||
Analog Devices | 20040309 | ANNUAL | ADI | 032654105 | 2.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Analog Devices | 20040309 | ANNUAL | ADI | 032654105 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 1.01 | Elect Edward T. Fogarty | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 1.02 | Elect Susan J. Kropf | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 1.03 | Elect Maria Elena Lagomasino | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 3.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 4.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 5.00 | SP-Control Generation of Pollutants | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Avon Products | 20040506 | ANNUAL | AVP | 054303102 | 6.00 | SP-Control Generation of Pollutants | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 1.00 | Approve Board Size | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.01 | Elect Herbert W. Boyer | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.02 | Elect Arthur D. Levinson | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.03 | Elect Mark Richmond | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.04 | Elect Charles A. Sanders | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.05 | Elect William M. Burns | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.06 | Elect Erich Hunziker | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 2.07 | Elect Jonathan K. C. Knowles | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 3.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 4.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Genentech | 20040416 | ANNUAL | DNA | 368710406 | 5.00 | Ratify Selection of Auditors | �� | MGMT | FOR | FOR | ||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.01 | Elect James I. Cash Jr. | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.02 | Elect Dennis D. Dammerman | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.03 | Elect Ann M. Fudge | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.04 | Elect Claudio X. Gonzalez Laporte | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.05 | Elect Jeffrey R. Immelt | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.06 | Elect Andrea Jung | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.07 | Elect Alan G. Lafley | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.08 | Elect Kenneth G. Langone | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.09 | Elect Ralph S. Larsen | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.10 | Elect Rochelle B. Lazarus | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.11 | Elect Samuel A. Nunn Jr. | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.12 | Elect Roger S. Penske | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.13 | Elect Robert J. Swieringa | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.14 | Elect Douglas A. Warner III | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 1.15 | Elect Robert C. Wright | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 3.00 | Amend Long-term Bonus Plan | MGMT | FOR | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 4.00 | SP-Adopt Cumulative Voting | SHARE HOLDER | AGAINST | FOR | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 5.00 | SP-Review or Promote Animal Welfare | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 6.00 | SP-Review Nuclear Facility/Waste | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 7.00 | SP-Report on Environmental Impact or Plans | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 8.00 | SP-Report on Risk to Image of Globalization Strate | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 9.00 | SP-Report on Sustainability | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 10.00 | SP-Increase Comp Committee Independence | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 11.00 | SP-Link Executive Pay to Social Criteria | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 12.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 13.00 | SP-Limit Number of Directorships | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 14.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 15.00 | SP-Study Sale or Spin-off | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 16.00 | SP-Require Option Shares to Be Held | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 17.00 | SP-Increase Board Independence | SHARE HOLDER | AGAINST | AGAINST | |||||||||
General Electric | 20040428 | ANNUAL | GE | 369604103 | 18.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.01 | Elect Lawrence T. Babbio Jr. | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.02 | Elect Patricia C. Dunn | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.03 | Elect Carleton S. Fiorina | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.04 | Elect Richard A. Hackborn | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.05 | Elect George A. Keyworth II | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.06 | Elect Robert E. Knowling Jr. | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.07 | Elect Sanford M. Litvack | MGMT | FOR | AGAINST | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.08 | Elect Robert L. Ryan | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 1.09 | Elect Lucille S. Salhany | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Hewlett-Packard | 20040317 | ANNUAL | HPQ | 428236103 | 4.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.01 | Elect Craig R. Barrett | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.02 | Elect Charlene Barshefsky | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.03 | Elect E. John P. Browne | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.04 | Elect Andrew S. Grove | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.05 | Elect D. James Guzy | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.06 | Elect Reed E. Hundt | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.07 | Elect Paul S. Otellini | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.08 | Elect David S. Pottruck | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.09 | Elect Jane E. Shaw | MGMT | FOR | FOR |
Page 2 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.10 | Elect John L. Thornton | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 1.11 | Elect David B. Yoffie | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 4.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 5.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Intel Corp | 20040519 | ANNUAL | INTC | 458140100 | 6.00 | SP-Award Performance-based Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.01 | Elect Cathleen P. Black | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.02 | Elect Kenneth I. Chenault | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.03 | Elect Carlos Ghosn | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.04 | Elect Nannerl O. Keohane | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.05 | Elect Charles F. Knight | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.06 | Elect Lucio A. Noto | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.07 | Elect Samuel J. Palmisano | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.08 | Elect John B. Slaughter | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.09 | Elect Joan E. Spero | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.10 | Elect Sidney Taurel | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.11 | Elect Charles M. Vest | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 1.12 | Elect Lorenzo H. Zambrano | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 3.00 | Ratify Auditors for Business Unit | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 4.00 | Reapprove Option/Bonus Plan for OBRA | MGMT | FOR | FOR | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 5.00 | SP-Adopt Cumulative Voting | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 6.00 | SP-Provide Pension Choices | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 7.00 | SP-Pension Fund Surplus | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 8.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 9.00 | SP-Disclose Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 10.00 | SP-China—Adopt Code of Conduct | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 11.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
International Business Machines | 20040427 | ANNUAL | IBM | 459200101 | 12.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.01 | Elect John L. Clendenin | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.02 | Elect David B. Dillon | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.03 | Elect David B. Lewis | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.04 | Elect Don W. McGeorge | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.05 | Elect W. Rodney McMullen | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 1.06 | Elect Susan M. Phillips | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 3.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 4.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Kroger Co | 20040624 | ANNUAL | KR | 501044101 | 5.00 | SP-Golden Parachutes | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 1.01 | Elect Steven C. Beering | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 1.02 | Elect Winfried F.W. Bischoff | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 1.03 | Elect Franklyn G. Prendergast | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 1.04 | Elect Kathi P. Seifert | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 3.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 4.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Lilly (Eli) | 20040419 | ANNUAL | LLY | 532457108 | 5.00 | SP-Review Drug Pricing or Distribution | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.01 | Elect Leonard L. Berry | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.02 | Elect Paul Fulton | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.03 | Elect Dawn E. Hudson | MGMT | FOR | AGAINST | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.04 | Elect Marshall O. Larsen | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.05 | Elect Robert A. Niblock | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.06 | Elect Stephen F. Page | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.07 | Elect O. Temple Sloan Jr. | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 1.08 | Elect Robert L. Tillman | MGMT | FOR | FOR | |||||||||
Lowe’s Companies Inc | 20040528 | ANNUAL | LOW | 548661107 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 1.01 | Elect Edward A. Brennan | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 1.02 | Elect Walter E. Massey | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 1.03 | Elect John W. Rogers Jr. | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 1.04 | Elect Anne-Marie Slaughter | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 1.05 | Elect Roger W. Stone | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 3.00 | Amend Stock Option Plan | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 3.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 4.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
McDonald’s Corp | 20040520 | ANNUAL | MCD | 580135101 | 4.00 | Approve Long-Term Bonus Plan | MGMT | FOR | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 1.01 | Elect John W. Madigan | MGMT | FOR | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 1.02 | Elect Klaus Zumwinkel | MGMT | FOR | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 1.03 | Elect Howard Davies | MGMT | FOR | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 3.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 4.00 | SP-Golden Parachutes | SHARE HOLDER | AGAINST | FOR | |||||||||
Morgan Stanley | 20040420 | ANNUAL | MWD | 617446448 | 5.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 1.00 | Approve Common Stock Issuance | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 1.00 | Approve Merger/Acquisition | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.01 | Elect Hans W. Becherer | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.02 | Elect Frank A. Bennack Jr. | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.03 | Elect John H. Biggs | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.04 | Elect Lawrence A. Bossidy | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.05 | Elect Ellen V. Futter | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.06 | Elect William H. Gray III | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.07 | Elect William B. Harrison Jr. | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.08 | Elect Helene L. Kaplan | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.09 | Elect Lee R. Raymond | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 2.10 | Elect John R. Stafford | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 4.00 | Reapprove Option/Bonus Plan for OBRA | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 5.00 | Adjourn Meeting | MGMT | FOR | FOR | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 6.00 | SP-Director Tenure/Retirement Age | SHARE HOLDER | AGAINST | AGAINST |
Page 3 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 7.00 | SP-Limit or End Charitable Giving | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 8.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 9.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 10.00 | SP-Failure to Disclose Derivatives | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 11.00 | SP-Limit Consulting by Auditors | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 12.00 | SP-Restrict Director Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
J P Morgan Chase & Co | 20040525 | ANNUAL | JPM | 46625H100 | 13.00 | SP-Link Executive Pay to Social Criteria | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.01 | Elect Edward J. Zander | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.02 | Elect H. Laurance Fuller | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.03 | Elect Judy C. Lewent | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.04 | Elect Walter E. Massey | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.05 | Elect Nicholas Negroponte | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.06 | Elect Indra K. Nooyi | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.07 | Elect John E. Pepper Jr. | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.08 | Elect Samuel C. Scott III | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.09 | Elect Douglas A. Warner III | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.10 | Elect John A. White | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 1.11 | Elect Mike S. Zafirovski | MGMT | FOR | FOR | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 2.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Motorola | 20040503 | ANNUAL | MOT | 620076109 | 3.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.01 | Elect C. Michael Armstrong | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.02 | Elect Alain J.P. Belda | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.03 | Elect George David | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.04 | Elect Kenneth T. Derr | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.05 | Elect John M. Deutch | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.06 | Elect Roberto H. Ramirez | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.07 | Elect Ann Dibble Jordan | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.08 | Elect Dudley C. Mecum II | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.09 | Elect Richard D. Parsons | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.10 | Elect Andrall E. Pearson | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.11 | Elect Charles Prince | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.12 | Elect Robert E. Rubin | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.13 | Elect Franklin A. Thomas | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.14 | Elect Sanford I. Weill | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 1.15 | Elect Robert B. Willumstad | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 3.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 4.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 5.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Citigroup | 20040420 | ANNUAL | C | 172967101 | 6.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.01 | Elect John M. Deutch | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.02 | Elect Jamie S. Gorelick | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.03 | Elect Andrew Gould | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.04 | Elect Tony Isaac | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.05 | Elect Adrian Lajous | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.06 | Elect Andre Levy-Lang | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.07 | Elect Didier Primat | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.08 | Elect Tore I. Sandvold | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.09 | Elect Nicolas Seydoux | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 1.10 | Elect Linda Gillespie Stuntz | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 2.00 | Approve Financial Statements | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 3.00 | Adopt Director Stock Award Plan | MGMT | FOR | FOR | |||||||||
Schlumberger Ltd. | 20040414 | ANNUAL | SLB | 806857108 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 1.01 | Elect Directors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 1.02 | Elect Directors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 1.03 | Elect Directors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 1.04 | Elect Directors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 1.05 | Elect Directors | MGMT | FOR | FOR | |||||||||
State Street | 20040421 | ANNUAL | STT | 857477103 | 2.00 | SP-Opt Out of State Takeover Statute | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.01 | Elect James R. Adams | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.02 | Elect David L. Boren | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.03 | Elect Daniel A. Carp | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.04 | Elect Thomas J. Engibous | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.05 | Elect Gerald W. Fronterhouse | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.06 | Elect David R. Goode | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.07 | Elect Wayne R. Sanders | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.08 | Elect Ruth J. Simmons | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.09 | Elect Richard K. Templeton | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 1.10 | Elect Christine Todd Whitman | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Texas Instruments | 20040415 | ANNUAL | TXN | 882508104 | 3.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.01 | Elect Michael J. Kowalski | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.02 | Elect Rose Marie Bravo | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.03 | Elect William R. Chaney | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.04 | Elect Samuel L. Hayes III | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.05 | Elect Abby F. Kohnstamm | MGMT | FOR | AGAINST | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.06 | Elect Charles K. Marquis | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.07 | Elect J. Thomas Presby | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.08 | Elect James E. Quinn | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 1.09 | Elect William A. Shutzer | MGMT | FOR | FOR | |||||||||
Tiffany & Co | 20040520 | ANNUAL | TIF | 886547108 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.01 | Elect James W. Breyer | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.02 | Elect M. Michele Burns | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.03 | Elect Thomas M. Coughlin | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.04 | Elect David D. Glass | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.05 | Elect Roland A. Hernandez | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.06 | Elect Dawn G. Lepore | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.07 | Elect John D. Opie | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.08 | Elect J. Paul Reason | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.09 | Elect H. Lee Scott Jr. | MGMT | FOR | FOR |
Page 4 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting Type | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management Recommended Vote | Vote Cast | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.10 | Elect Jack C. Shewmaker | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.11 | Elect Jose H. Villarreal | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.12 | Elect John T. Walton | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.13 | Elect S. Robson Walton | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 1.14 | Elect Christopher J. Williams | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 2.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 3.00 | Adopt Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 4.00 | Adopt Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 5.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 6.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 7.00 | SP-Report on Sustainability | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 8.00 | SP-Link Executive Pay to Social Criteria | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 9.00 | SP-Review or Curb Bioengineering | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 10.00 | SP-Report on EEO | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Wal-Mart Stores | 20040604 | ANNUAL | WMT | 931142103 | 11.00 | SP-Approve Extra Benefits Under Serps | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 1.01 | Elect Handel E. Evans | MGMT | FOR | FOR | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 1.02 | Elect Michael R. Gallagher | MGMT | FOR | FOR | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 1.03 | Elect Gavin S. Herbert | MGMT | FOR | FOR | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 1.04 | Elect Stephen J. Ryan | MGMT | FOR | FOR | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 3.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Allergan | 20040428 | ANNUAL | AGN | 018490102 | 4.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.01 | Elect L. Lowry Mays | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.02 | Elect Phyllis B. Riggins | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.03 | Elect Alan D. Feld | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.04 | Elect Mark P. Mays | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.05 | Elect Theodore H. Strauss | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.06 | Elect Thomas O. Hicks | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.07 | Elect Randall T. Mays | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.08 | Elect J.C. Watts Jr. | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.09 | Elect Perry J. Lewis | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.10 | Elect B. J. McCombs | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 1.11 | Elect John H. Williams | MGMT | FOR | FOR | |||||||||
Clear Channel Communications | 20040428 | ANNUAL | CCU | 184502102 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
BJ Services | 20040122 | ANNUAL | BJS | 055482103 | 1.01 | Elect Don D. Jordan | MGMT | FOR | FOR | |||||||||
BJ Services | 20040122 | ANNUAL | BJS | 055482103 | 1.02 | Elect William H. White | MGMT | FOR | FOR | |||||||||
BJ Services | 20040122 | ANNUAL | BJS | 055482103 | 2.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
BJ Services | 20040122 | ANNUAL | BJS | 055482103 | 3.00 | Develop/report On Country Selection Standards | MGMT | AGAINST | AGAINST | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.01 | Elect Wayne T. Hockmeyer | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.02 | Elect David M. Mott | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.03 | Elect David Baltimore | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.04 | Elect M. James Barrett | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.05 | Elect Melvin D. Booth | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.06 | Elect James H. Cavanaugh | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.07 | Elect Barbara Hackman Franklin | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.08 | Elect Gordon S. Macklin | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 1.09 | Elect Elizabeth Wyatt | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 2.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
MedImmune Inc | 20040520 | ANNUAL | MEDI | 584699102 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 1.00 | Approve Financial Statements | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 2.00 | Approve Financial Statements | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 3.00 | Set Dividend/Allocate Profits | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 4.00 | Approve Related Party Transactions | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 5.00 | Authorize Trade in Company Stock | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 6.00 | Issue Debt Instruments | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 7.00 | Elect Thierry Demarest | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 8.00 | Elect Thierry de Rudder | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 9.00 | Elect Serge Tchuruk | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 10.00 | Elect Shareholder Representative Daniel Boeuf | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 11.00 | Elect Shareholder Representative P. Marchandise | MGMT | AGAINST | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 12.00 | Elect Shareholder Representative Cyril Mouche | MGMT | AGAINST | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 13.00 | Elect Shareholder Representative Alan Cramer | MGMT | AGAINST | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 14.00 | Appoint Outside Auditors | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 15.00 | Appoint Outside Auditors | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 16.00 | Appoint Outside Auditors | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 17.00 | Appoint Outside Auditors | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 18.00 | Approve Directors’ Fees | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 19.00 | Approve Stock Option Grants | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 20.00 | Issue Stock w/ Preemptive Rights | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 20.00 | Increase Authorized Capital | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 21.00 | Issue Stock w/o Preemptive Rights | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 21.00 | Increase Authorized Capital | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 22.00 | Issue Stock w/o Preemptive Rights | MGMT | FOR | TAKE NO ACTION | |||||||||
TOTAL | 20040428 | ANNUAL | TOT | 89151E109 | 22.00 | Increase Authorized Capital | MGMT | FOR | TAKE NO ACTION | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.01 | Elect Paul Berg | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.02 | Elect Etienne Davignon | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.03 | Elect James M. Denny | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.04 | Elect John C. Martin | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.05 | Elect Gordon E. Moore | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.06 | Elect Nicholas G. Moore | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.07 | Elect George P. Shultz | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 1.08 | Elect Gayle E. Wilson | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Gilead Sciences Inc | 20040525 | ANNUAL | GILD | 375558103 | 4.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 1.01 | Elect Wayne R. Embry | MGMT | FOR | AGAINST | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 1.02 | Elect John F. Herma | MGMT | FOR | AGAINST | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 1.03 | Elect R. Lawrence Montgomery | MGMT | FOR | AGAINST | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 1.04 | Elect Frank V. Sica | MGMT | FOR | AGAINST | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR |
Page 5 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 3.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Kohl’s | 20040428 | ANNUAL | KSS | 500255104 | 4.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Starbucks | 20040330 | ANNUAL | SBUX | 855244109 | 1.01 | Elect William W. Bradley | MGMT | FOR | FOR | |||||||||
Starbucks | 20040330 | ANNUAL | SBUX | 855244109 | 1.02 | Elect Gregory B. Maffei | MGMT | FOR | FOR | |||||||||
Starbucks | 20040330 | ANNUAL | SBUX | 855244109 | 1.03 | Elect Orin C. Smith | MGMT | FOR | FOR | |||||||||
Starbucks | 20040330 | ANNUAL | SBUX | 855244109 | 1.04 | Elect Olden Lee | MGMT | FOR | FOR | |||||||||
Starbucks | 20040330 | ANNUAL | SBUX | 855244109 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 1.01 | Elect David W. Dupree | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 1.02 | Elect Gabrielle E Greene | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 1.03 | Elect John Mackey | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 1.04 | Elect Morris J. Siegel | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 2.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Whole Foods Market | 20040322 | ANNUAL | WFMI | 966837106 | 4.00 | SP-Redeem or Vote on Poison Pill | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Caremark Rx | 20040504 | ANNUAL | CMX | 141705103 | 1.01 | Elect Edwin M. Banks | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040504 | ANNUAL | CMX | 141705103 | 1.02 | Elect Colleen Conway-Welch | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040504 | ANNUAL | CMX | 141705103 | 1.03 | Elect Roger L. Headrick | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040504 | ANNUAL | CMX | 141705103 | 1.04 | Elect Jean-Pierre Millon | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 1.01 | Elect Benjamin S. Carson | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 1.02 | Elect Hamilton E. James | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 1.03 | Elect Jill A. Ruckelshaus | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 1.04 | Elect William H. Gates | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 1.05 | Elect Daniel J. Evans | MGMT | FOR | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 2.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 3.00 | Report On Land Development Policy | MGMT | AGAINST | AGAINST | |||||||||
Costco Wholesale | 20040129 | ANNUAL | COST | 22160K105 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 1.01 | Elect Adelia A. Coffman | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 1.02 | Elect Raymond V. Dittamore | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 1.03 | Elect Irwin Mark Jacobs | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 1.04 | Elect Richard Sulpizio | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 2.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Qualcomm | 20040302 | ANNUAL | QCOM | 747525103 | 4.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 1.01 | Elect Maurice A. Cox Jr. | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 1.02 | Elect Nancy-Ann DeParle | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 1.03 | Elect Ronald W. Dollens | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 1.04 | Elect Enrique C. Falla | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 1.05 | Elect Kristina M. Johnson | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Guidant Corp | 20040518 | ANNUAL | GDT | 401698105 | 3.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 1.01 | Elect John P. Browne of Madingley | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 1.02 | Elect Claes Dahlback | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 1.03 | Elect James A. Johnson | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 1.04 | Elect Lois D. Juliber | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 1.05 | Elect Lloyd C. Blankfein | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Goldman Sachs Group | 20040331 | ANNUAL | GS | 38141G104 | 3.00 | SP-Repeal Classified Board | SHARE HOLDER | AGAINST | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.01 | Elect Richard N. Barton | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.02 | Elect Robert R. Bennett | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.03 | Elect Edgar Bronfman, Jr. | MGMT | FOR | AGAINST | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.04 | Elect Barry Diller | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.05 | Elect Victor A. Kaufman | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.06 | Elect Donald R. Keough | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.07 | Elect Marie-Josee Kravis | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.08 | Elect John C. Malone | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.09 | Elect Steven Rattner | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.10 | Elect H. Norman Schwarzkopf | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.11 | Elect Alan G. Spoon | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 1.12 | Elect Diane von Furstenberg | MGMT | FOR | FOR | |||||||||
InterActiveCorp | 20040623 | ANNUAL | IACI | 45840Q101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 1.01 | Elect Helene B. Gralnick | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 1.02 | Elect Verna K. Gibson | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 1.03 | Elect Betsy S. Atkins | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 1.04 | Elect Scott A. Edmonds | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 2.00 | Approve Board Size | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 3.00 | Amend Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
Chico’s FAS Inc | 20040622 | ANNUAL | CHS | 168615102 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 1.01 | Elect Phillipe Bourguignon | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 1.02 | Elect Tomas J. Tierney | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 1.03 | Elect Margaret C. Whitman | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 2.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 2.00 | Limit Per-Employee Awards | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 3.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 4.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 5.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Ebay Inc | 20040624 | ANNUAL | EBAY | 278642103 | 6.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Agilent Technologies | 20040302 | ANNUAL | A | 00846U101 | 1.01 | Elect James G. Cullen | MGMT | FOR | FOR | |||||||||
Agilent Technologies | 20040302 | ANNUAL | A | 00846U101 | 1.02 | Elect Robert L. Joss | MGMT | FOR | FOR | |||||||||
Agilent Technologies | 20040302 | ANNUAL | A | 00846U101 | 1.03 | Elect Walter B. Hewlett | MGMT | FOR | FOR | |||||||||
Agilent Technologies | 20040302 | ANNUAL | A | 00846U101 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 1.00 | Approve Financial Statements | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 2.00 | Ratify Board Acts-Legal | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 3.00 | Set Dividend/Allocate Profits | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 4.00 | Approve Use/Transfer of Reserves | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 5.00 | Cancel Authorized Stock | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 5.00 | Reduce Authorized Capital | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 6.00 | Authorize Share Repurchase | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 7.00 | Amend Board Election Rules | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 8.00 | Election of Directors by Slate | MGMT | FOR | ABSTAIN | |||||||||
Novartis | 20040224 | ANNUAL | NVS | 66987V109 | 9.00 | Appoint Outside Auditors | MGMT | FOR | ABSTAIN |
Page 6 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.01 | Elect Michael S. Brown | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.02 | Elect M. Anthony Burns | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.03 | Elect Robert N. Burt | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.04 | Elect W. Don Cornwell | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.05 | Elect William H. Gray III | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.06 | Elect Constance J. Horner | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.07 | Elect William R. Howell | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.08 | Elect Stanley O. Ikenberry | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.09 | Elect George A. Lorch | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.10 | Elect Henry A. McKinnell Jr. | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.11 | Elect Dana G. Mead | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.12 | Elect Franklin D. Raines | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.13 | Elect Ruth J. Simmons | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.14 | Elect William C. Steere Jr. | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 1.15 | Elect Jean-Paul Valles | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 4.00 | SP-Review AIDS Pandemic’s Impact on Company | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 5.00 | SP-Limit or End Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 6.00 | SP-Review Political Spending | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 7.00 | SP-Director Tenure/Retirement Age | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 8.00 | SP-Review Drug Pricing or Distribution | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 9.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Pfizer | 20040422 | ANNUAL | PFE | 717081103 | 10.00 | SP-Review or Promote Animal Welfare | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.01 | Elect A. Jerrold Perenchio | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.02 | Elect Fernando Aguirre | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.03 | Elect Harold Gaba | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.04 | Elect Alan F. Horn | MGMT | FOR | AGAINST | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.05 | Elect John G. Perenchio | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.06 | Elect Ray Rodriguez | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 1.07 | Elect McHenry T. Tichenor Jr. | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Univision Communications Inc | 20040512 | ANNUAL | UVN | 914906102 | 3.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 1.01 | Elect A. George Battle | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 1.02 | Elect Craig A. Conway | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 1.03 | Elect Frank J. Fanzilli Jr. | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 1.04 | Elect Cyril J. Yansouni | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
PeopleSoft | 20040325 | ANNUAL | PSFT | 712713106 | 3.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.01 | Elect Terry S. Semel | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.02 | Elect Jerry Yang | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.03 | Elect Roy J. Bostock | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.04 | Elect Ronald W. Burkle | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.05 | Elect Eric Hippeau | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.06 | Elect Arthur H. Kern | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.07 | Elect Robert A. Kotick | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.08 | Elect Edward R. Kozel | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 1.09 | Elect Gary L. Wilson | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 2.00 | Add Shares to Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 3.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Yahoo Inc | 20040521 | ANNUAL | YHOO | 984332106 | 4.00 | SP-Expense Stock Options | SHARE HOLDER | AGAINST | AGAINST | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 1.01 | Elect John R. Egan | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 1.02 | Elect Michael C. Ruettgers | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 1.03 | Elect David N. Strohm | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 2.00 | Amend Stock Option Plan | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 2.00 | Add Shares to Stock Option Plan | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 3.00 | Add Shares to Employee Stock Purchase Plan | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
EMC | 20040505 | ANNUAL | EMC | 268648102 | 5.00 | SP-Restrict Executive Compensation | SHARE HOLDER | AGAINST | AGAINST | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 1.01 | Elect Roger S. Berlind | MGMT | FOR | FOR | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 1.02 | Elect Marsha J. Evans | MGMT | FOR | FOR | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 1.03 | Elect Christopher Gent | MGMT | FOR | AGAINST | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 1.04 | Elect Dina Merrill | MGMT | FOR | FOR | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Lehman Brothers Holdings | 20040402 | ANNUAL | LEH | 524908100 | 3.00 | Approve Other Business | MGMT | FOR | AGAINST | |||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 1.01 | Elect Dr. John M. Cioffi | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 1.02 | Elect Dr. Paul R. Gray | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 1.03 | Elect Douglas King | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 2.00 | Appoint Outside Auditors | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 3.00 | Set Auditors’ Fees | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 4.00 | Approve Bonus Dividend/Bonus Share Issue | MGMT | FOR | FOR | ||||||||||
Marvell Technology Group | 20040528 | ANNUAL | 2594653 | 4.00 | Increase Authorized Capital | MGMT | FOR | FOR | ||||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 1.00 | Approve Financial Statements | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 2.00 | Set Final Dividend at 0.00 | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 3.01 | Elect Abraham E. Cohen | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 3.02 | Elect Leslie Dan | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 3.03 | Elect Meir Heth | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 3.04 | Elect Moshe Many | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 3.05 | Elect Dov Shafir | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 4.00 | Indemnify Directors/Officers | MGMT | FOR | FOR | |||||||||
Teva Pharmaceutical Industries | 20040520 | ANNUAL | TEVA | 881624209 | 5.00 | Appoint Auditors and Set Their Fees | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040322 | SPECIAL | CMX | 141705103 | 1.00 | Increase Authorized Common Stock | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040322 | SPECIAL | CMX | 141705103 | 2.00 | Approve Common Stock Issuance | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040322 | SPECIAL | CMX | 141705103 | 3.00 | Increase Authorized Preferred Stock | MGMT | FOR | AGAINST | |||||||||
Caremark Rx | 20040322 | SPECIAL | CMX | 141705103 | 4.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
Caremark Rx | 20040322 | SPECIAL | CMX | 141705103 | 5.00 | Adjourn Meeting | MGMT | FOR | FOR | |||||||||
Merrill Lynch | 20040423 | ANNUAL | MER | 590188108 | 1.01 | Elect David K. Newbigging | MGMT | FOR | FOR | |||||||||
Merrill Lynch | 20040423 | ANNUAL | MER | 590188108 | 1.02 | Elect J.W. Prueher | MGMT | FOR | FOR | |||||||||
Merrill Lynch | 20040423 | ANNUAL | MER | 590188108 | 2.00 | Ratify Selection of Auditors | MGMT | FOR | FOR | |||||||||
Merrill Lynch | 20040423 | ANNUAL | MER | 590188108 | 3.00 | SP-Adopt Cumulative Voting | SHARE HOLDER | AGAINST | FOR |
Page 7 of 8
AIT Select Growth Fund - Jennison Associates LLC | Vote Summary Report - Jul 01, 2003 - Jun 30, 2004 |
Company | Meeting Date | Meeting | Ticker | Cusip | Proposal No. | Proposal | Proposed By: | Management | Vote Cast | |||||||||
Merrill Lynch | 20040423 | ANNUAL | MER | 590188108 | 4.00 | SP-Independent Board Chairman | SHARE HOLDER | AGAINST | AGAINST | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 1.01 | Elect K. Rupert Murdoch | MGMT | FOR | FOR | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 1.02 | Elect Neil R. Austrian | MGMT | FOR | FOR | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 1.03 | Elect Charles R. Lee | MGMT | FOR | FOR | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 2.00 | Adopt Stock Option Plan | MGMT | FOR | FOR | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 3.00 | Approve Annual Bonus Plan | MGMT | FOR | FOR | |||||||||
DIRECTV Group Inc | 20040602 | ANNUAL | DTV | 25459L106 | 4.00 | Ratify Selection of Auditors | MGMT | FOR | FOR |
Page 8 of 8
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
08/08/03 - S | Expedia Inc | 302125109 | 06/25/03 | 7,400 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
08/11/03 - A | Forest Laboratories, Inc. *FRX* | 345838106 | 06/20/03 | 39,200 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/26/03 - A | QLogic Corp. *QLGC* | 747277101 | 07/01/03 | 55,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/28/03 - A | Medtronic, Inc. *MDT* | 585055106 | 07/03/03 | 78,300 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
09/10/03 - A | H&R Block, Inc. *HRB* | 093671105 | 07/08/03 | 14,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/29/03 - A | Fidelity National Financial, Inc. *FNF* | 316326107 | 08/18/03 | 31,700 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
10/02/03 - A | Paychex, Inc. *PAYX* | 704326107 | 08/04/03 | 16,300 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
10/06/03 - S | Boston Scientific Corp. *BSX* | 101137107 | 08/27/03 | 17,000 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
10/13/03 - A | Oracle Corp. *ORCL* | 68389X105 | 08/21/03 | 257,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 1 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
Shareholder Proposal | ||||||||||||||||
5 | Implement China Principles | Against | Against | ShrHoldr | ||||||||||||
10/14/03 - A | The Procter & Gamble Company *PG* | 742718109 | 08/01/03 | 56,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Label Genetically Engineered Foods | Against | Against | ShrHoldr | ||||||||||||
10/23/03 - A | Barr Pharmaceuticals Inc *BRL* | 068306109 | 09/02/03 | 9,799 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Change State of Incorporation from New York to Delaware | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
10/24/03 - A | Harris Corp. *HRS* | 413875105 | 08/29/03 | 6,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/30/03 - A | Affiliated Computer Services, Inc. *ACS* | 008190100 | 09/19/03 | 800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/05/03 - A | Cardinal Health, Inc. *CAH* | 14149Y108 | 09/08/03 | 59,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
11/06/03 - A | Lam Research Corp. *LRCX* | 512807108 | 09/12/03 | 2,349 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/07/03 - A | SYSCO Corporation *SYY* | 871829107 | 09/09/03 | 15,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 2 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
1.1 | Elect Director Jonathan Golden as Class II Director — Withhold | |||||||||||||||
1.2 | Elect Director Joseph A. Hafner, Jr. as Class II Director — For | |||||||||||||||
1.3 | Elect Director Thomas E. Lankford as Class II Director — For | |||||||||||||||
1.4 | Elect Director Richard J. Schnieders as Class II Director — For | |||||||||||||||
1.5 | Elect Director John K. Stubblefield, Jr. as Class III Director — For | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Report on the Impact of Genetically Engineered Products | Against | Against | ShrHoldr | ||||||||||||
11/11/03 - A | Cisco Systems, Inc. *CSCO* | 17275R102 | 09/12/03 | 451,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Report on Company Products Used by the Government to Monitor the Internet | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
11/11/03 - A | Microsoft Corp. *MSFT* | 594918104 | 09/12/03 | 639,100 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Refrain from Giving Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
11/25/03 - A | CBRL Group, Inc. *CBRL* | 12489V106 | 09/26/03 | 6,700 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/25/03 - A | Fox Entertainment Group, Inc. *FOX* | 35138T107 | 09/29/03 | 19,400 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12/11/03 - A | AutoZone, Inc. *AZO* | 053332102 | 10/14/03 | 17,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 3 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
01/15/04 - A | Family Dollar Stores, Inc. *FDO* | 307000109 | 11/24/03 | 19,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/29/04 - A | D.R. Horton, Inc. *DHI* | 23331A109 | 12/04/03 | 22,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
02/02/04 - A | Fair Isaac Inc. *FIC* | 303250104 | 12/05/03 | 16,800 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/05/04 - A | ACCENTURE LTD BERMUDA *ACN* | G1150G111 | 12/08/03 | 36,259 | ||||||||||||
1 | Appoint Dennis F. Hightower, William L. Kimsey, Robert I. Lipp, and Wulf von Schimmelmann as Directors | For | For | Mgmt | ||||||||||||
2 | Approve KPMG LLP as Independent Auditors and Authorize Board to Fix Their Remuneration | For | For | Mgmt | ||||||||||||
3 | Transact Other Business (Non-Voting) | None | None | Mgmt | ||||||||||||
02/10/04 - S | Mid Atlantic Medical Services, Inc. | 59523C107 | 01/15/04 | 5,900 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | For | Mgmt | ||||||||||||
02/17/04 - A | Health Management Associates, Inc. *HMA* | 421933102 | 12/19/03 | 24,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
02/19/04 - A | Varian Medical Systems Inc *VAR* | 92220P105 | 12/22/03 | 8,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
02/26/04 - A | Avaya Inc *AV* | 053499109 | 12/31/03 | 42,600 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 4 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
03/02/04 - A | QUALCOMM Inc. *QCOM* | 747525103 | 01/02/04 | 29,697 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
03/03/04 - A | The Walt Disney Company *DIS* | 254687106 | 01/16/04 | 21,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John E. Bryson — For | |||||||||||||||
1.2 | Elect Director John S. Chen — For | |||||||||||||||
1.3 | Elect Director Michael D. Eisner — Withhold | |||||||||||||||
1.4 | Elect Director Judith L. Estrin — For | |||||||||||||||
1.5 | Elect Director Robert A. Iger — For | |||||||||||||||
1.6 | Elect Director Aylwin B. Lewis — For | |||||||||||||||
1.7 | Elect Director Monica C. Lozano — For | |||||||||||||||
1.8 | Elect Director Robert W. Matschullat — For | |||||||||||||||
1.9 | Elect Director George J. Mitchell — For | |||||||||||||||
1.10 | Elect Director Leo J. O’Donovan, S.J. — For | |||||||||||||||
1.11 | Elect Director Gary L. Wilson — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Supplier Labor Standards in China | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Amusement Park Safety | Against | Against | ShrHoldr | ||||||||||||
03/09/04 - A | Analog Devices, Inc. *ADI* | 032654105 | 01/16/04 | 15,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/24/04 - A | Applied Materials, Inc. *AMAT* | 038222105 | 01/30/04 | 106,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
03/25/04 -A | Nokia Corp. | 654902204 | 01/30/04 | 47,300 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | APPROVAL OF THE INCOME STATEMENTS AND THE BALANCE SHEETS. | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 5 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
2 | APPROVAL OF A DIVIDEND OF EUR 0.30 PER SHARE. | For | For | Mgmt | ||||||||||||
3 | APPROVAL OF THE DISCHARGE OF THE CHAIRMAN, THE MEMBERS OF THE BOARD OF DIRECTORS AND THE PRESIDENT FROM LIABILITY. | For | For | Mgmt | ||||||||||||
4 | Elect Directors | For | Against | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | APPROVAL OF THE PROPOSAL OF THE BOARD TO REDUCE THE SHARE CAPITAL THROUGH CANCELLATION OF NOKIA SHARES HELD BY THE COMPANY | For | For | Mgmt | ||||||||||||
7 | APPROVAL OF THE AUTHORIZATION TO THE BOARD TO INCREASE THE SHARE CAPITAL OF THE COMPANY. | For | For | Mgmt | ||||||||||||
8 | APPROVAL OF THE AUTHORIZATION TO THE BOARD TO REPURCHASE NOKIA SHARES. | For | For | Mgmt | ||||||||||||
9 | APPROVAL OF THE AUTHORIZATION TO THE BOARD TO DISPOSE NOKIA SHARES HELD BY THE COMPANY. | For | For | Mgmt | ||||||||||||
10 | APPROVAL OF THE PROPOSAL OF THE BOARD TO INCREASE THE CAPITAL OF THE FOUNDATION OF NOKIA CORPORATION. | For | For | Mgmt | ||||||||||||
11 | MARK THE FOR BOX IF YOU WISH TO INSTRUCT THE DEPOSITARY TO GIVE A PROXY TO ANY ONE OF MARIANNA UOTINEN-TARKOMA, ESA KAUNISTOLA, BOTH LEGAL COUNSELS OF NOKIA CORPORATION, TO AUTHORIZE ANY OF THEM (WITH FULL POWER OF SUBSTITUTION) TO VOTE, IN THEIR DISCR | None | Against | Mgmt | ||||||||||||
03/30/04 - A | Lennar Corp. *LEN* | 526057104 | 02/05/04 | 13,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Other Business | For | Against | Mgmt | ||||||||||||
03/30/04 - A | Starbucks Corp. *SBUX* | 855244109 | 01/26/04 | 30,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/31/04 - A | Freddie Mac *FRE* | 313400301 | 02/20/04 | 25,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 6 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/01/04 - A | Beckman Coulter, Inc. *BEC* | 075811109 | 02/02/04 | 4,800 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
04/06/04 - A | Fiserv, Inc. *FISV* | 337738108 | 02/13/04 | 23,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/14/04 - A | United Technologies Corp. *UTX* | 913017109 | 02/17/04 | 17,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Performance-Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/15/04 - A | Texas Instruments Inc. *TXN* | 882508104 | 02/17/04 | 145,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
04/16/04 - WC | Genentech, Inc. *DNA* | 368710406 | 02/17/04 | 11,200 | ||||||||||||
1 | Amend Articles/Bylaws/Charter-Non-Routine | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | Split | Mgmt | ||||||||||||
2.1 | Elect Director Herbert W. Boyer — Against | |||||||||||||||
2.2 | Elect Director Arthur D. Levinson — Against | |||||||||||||||
2.3 | Elect Director Mark Richmond — For | |||||||||||||||
2.4 | Elect Director Charles A. Sanders — For | |||||||||||||||
2.5 | Elect Director William M. Burns — Against | |||||||||||||||
2.6 | Elect Director Erich Hunziker — Against | |||||||||||||||
2.7 | Elect Director Jonathan K.C. Knowles — Against | |||||||||||||||
3 | Elect Director M. Burns | For | Against | Mgmt | ||||||||||||
4 | Elect Director Erich Hunziker | For | Against | Mgmt | ||||||||||||
5 | Elect Director Jonathan K.C. Knowles | For | Against | Mgmt | ||||||||||||
6 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
7 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
8 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 7 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/20/04 - A | Citigroup Inc. *C* | 172967101 | 02/27/04 | 59,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Sprint Corp. *FON* | 852061100 | 02/20/04 | 25,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Performance - Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | U.S. Bancorp *USB* | 902973304 | 02/26/04 | 28,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Victoria Buyniski Gluckman — For | |||||||||||||||
1.2 | Elect Director Arthur D. Collins, Jr. — For | |||||||||||||||
1.3 | Elect Director Jerry W. Levin — For | |||||||||||||||
1.4 | Elect Director Thomas E. Petry — For | |||||||||||||||
1.5 | Elect Director Richard G. Reiten — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
5 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
04/20/04 - A | Whirlpool Corp. *WHR* | 963320106 | 02/27/04 | 21,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
04/21/04 - A | Burlington Resources Inc. *BR* | 122014103 | 02/23/04 | 9,600 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Increase in Common Stock and a Stock Split | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 8 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/21/04 - A | Doral Financial Corp. *DRL* | 25811P100 | 03/12/04 | 8,530 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Preferred Stock | For | Against | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | MEDCO Health Solutions Inc *MHS* | 58405U102 | 03/10/04 | 18,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | State Street Corp. (Boston) *STT* | 857477103 | 02/27/04 | 30,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Exempt Board of Directors from Massachusetts General Laws, Chapter 156B, Section 50A(a) | Against | For | ShrHoldr | ||||||||||||
04/21/04 - A | The Coca-Cola Company *KO* | 191216100 | 02/23/04 | 23,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Operational Impact of HIV/AIDS Pandemic | For | For | ShrHoldr | ||||||||||||
4 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
8 | Implement China Principles | Against | Against | ShrHoldr | ||||||||||||
9 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Johnson & Johnson *JNJ* | 478160104 | 02/24/04 | 142,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Lexmark International, Inc. *LXK* | 529771107 | 03/05/04 | 32,500 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 9 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/22/04 - A | Pfizer Inc. *PFE* | 717081103 | 02/27/04 | 411,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
5 | Cease Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
9 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
10 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Wyeth *WYE* | 983024100 | 03/12/04 | 48,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/23/04 - A | Abbott Laboratories *ABT* | 002824100 | 02/25/04 | 78,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Operational Imact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
04/23/04 - A | Merrill Lynch & Co., Inc. *MER* | 590188108 | 02/24/04 | 12,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/26/04 - A | American Express Co. *AXP* | 025816109 | 02/27/04 | 11,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 10 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/27/04 - A | L-3 Communications Holdings, Inc. *LLL* | 502424104 | 03/19/04 | 9,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/27/04 - A | Merck & Co., Inc. *MRK* | 589331107 | 02/24/04 | 16,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Develop Ethical Criteria for Patent Extension | Against | Against | ShrHoldr | ||||||||||||
6 | Link Executive Compensation to Social Issues | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | Wells Fargo & Company *WFC* | 949746101 | 03/09/04 | 11,700 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Retirement Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Link Executive Compensation to Social Issues | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Adobe Systems Inc. *ADBE* | 00724F101 | 03/03/04 | 22,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
4 | Adopt a Plocy that will Committ Executives to Hold a Significant Percentage of their Shares | Against | Against | ShrHoldr | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Allergan, Inc. *AGN* | 018490102 | 03/08/04 | 16,319 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 11 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/28/04 - A | Anheuser-Busch Companies, Inc. *BUD* | 035229103 | 03/01/04 | 9,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | General Electric Co. *GE* | 369604103 | 03/01/04 | 489,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
5 | Eliminate Animal Testing | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Nuclear Fuel Storage Risks | Against | Against | ShrHoldr | ||||||||||||
7 | Report on PCB Clean-up | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
9 | Prepare Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
10 | Limit Composition of Management Development and Compensation Committee to Independent Directors | Against | Against | ShrHoldr | ||||||||||||
11 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
12 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
13 | Limit Board Service for Other Companies | Against | Against | ShrHoldr | ||||||||||||
14 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
15 | Hire Advisor/Maximize Shareholder Value | Against | Against | ShrHoldr | ||||||||||||
16 | Adopt a Retention Ratio for Executives and Directors | Against | Against | ShrHoldr | ||||||||||||
17 | Require 70% to 80% Independent Board | Against | Against | ShrHoldr | ||||||||||||
18 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Kohl’s Corp. *KSS* | 500255104 | 03/03/04 | 11,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Performance-Based Stock/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Piper Jaffray Cos *PJC* | 724078100 | 03/03/04 | 326 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/29/04 - A | Altria Group, Inc. *MO* | 02209S103 | 03/08/04 | 48,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Product Warnings for Pregnant Women | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 12 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Report on Health Risks Associated with Cigarette Filters | Against | Against | ShrHoldr | ||||||||||||
5 | Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Cease Use of Light and Ultra Light in Cigarette Marketing | Against | Against | ShrHoldr | ||||||||||||
7 | Place Canadian Style Warnings on Cigarette Packaging | Against | Against | ShrHoldr | ||||||||||||
8 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/29/04 - A | Capital One Financial Corp. *COF* | 14040H105 | 02/29/04 | 56,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/29/04 - A | Harrah’s Entertainment, Inc. *HET* | 413619107 | 03/01/04 | 3,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/30/04 - A | Coca-Cola Enterprises Inc. *CCE* | 191219104 | 03/04/04 | 58,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Amend Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
5 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
6 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
7 | Ratify Auditors | For | For | Mgmt | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Report on Recycling Policy | Against | Against | ShrHoldr | ||||||||||||
04/30/04 - A | Marriott International Inc. (New) *MAR* | 571903202 | 03/08/04 | 7,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 13 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
04/30/04 - A | Zions Bancorporation *ZION* | 989701107 | 02/23/04 | 4,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
05/03/04 - A | MBNA Corp. *KRB* | 55262L100 | 02/13/04 | 220,600 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
4 | Require Majority of Independent Directors on Board | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | The Boeing Co. *BA* | 097023105 | 03/05/04 | 37,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Adopt Amended Workplace Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
6 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
7 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Adopt a Policy that will Commit Executive & Directors to Hold at least 75% of their Shares | Against | Against | ShrHoldr | ||||||||||||
10 | Provide Employees Choice of Pension Plans at Retirement or Termination | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Caremark Rx, Inc. *CMX* | 141705103 | 04/01/04 | 21,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Reebok International Ltd. *RBK* | 758110100 | 03/05/04 | 23,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/05/04 - A | Amylin Pharmaceuticals, Inc. *AMLN* | 032346108 | 03/12/04 | 13,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 14 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/05/04 - A | EMC Corp. *EMC* | 268648102 | 03/08/04 | 133,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | Manor Care, Inc. *HCR* | 564055101 | 03/12/04 | 10,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | PepsiCo, Inc. *PEP* | 713448108 | 03/12/04 | 93,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | Sealed Air Corp. *SEE* | 81211K100 | 03/08/04 | 6,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | CenturyTel, Inc. *CTL* | 156700106 | 03/08/04 | 35,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director William R. Boles, Jr. — Withhold | |||||||||||||||
1.2 | Elect Director W. Bruce Hanks — For | |||||||||||||||
1.3 | Elect Director C.G. Melville, Jr. — For | |||||||||||||||
1.4 | Elect Director Glen F. Post, III — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | Echostar Communications Corp. *DISH* | 278762109 | 03/22/04 | 18,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 15 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/06/04 - A | Freeport-McMoRan Copper & Gold Inc. *FCX* | 35671D857 | 03/12/04 | 17,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert J. Allison, Jr. — For | |||||||||||||||
1.2 | Elect Director R. Leigh Clifford — Withhold | |||||||||||||||
1.3 | Elect Director James R. Moffett — For | |||||||||||||||
1.4 | Elect Director B. M. Rankin, Jr. — Withhold | |||||||||||||||
1.5 | Elect Director J. Taylor Wharton — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Halt Payments to Indonesian Military | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | LSI Logic Corp. *LSI* | 502161102 | 03/11/04 | 22,900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Wilfred J. Corrigan — For | |||||||||||||||
1.2 | Elect Director James H. Keyes — For | |||||||||||||||
1.3 | Elect Director Malcolm R. Currie — For | |||||||||||||||
1.4 | Elect Director T.Z. Chu — For | |||||||||||||||
1.5 | Elect Director R. Douglas Norby — For | |||||||||||||||
1.6 | Elect Director Matthew J. O’Rourke — For | |||||||||||||||
1.7 | Elect Director Gregorio Reyes — For | |||||||||||||||
1.8 | Elect Director Larry W. Sonsini — Withhold | |||||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Approve/Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | United Parcel Service, Inc. *UPS* | 911312106 | 03/08/04 | 7,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/07/04 - A | IMS Health Inc. *RX* | 449934108 | 03/05/04 | 12,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 16 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/11/04 - A | 3M CO *MMM* | 88579Y101 | 03/12/04 | 48,700 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
05/11/04 - A | Altera Corp. *ALTR* | 021441100 | 03/16/04 | 4,934 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Approve Option Expensing | Against | Against | ShrHoldr | ||||||||||||
05/11/04 - A | Boston Scientific Corp. *BSX* | 101137107 | 03/19/04 | 32,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | Masco Corp. *MAS* | 574599106 | 03/15/04 | 32,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | Intersil Corporation *ISIL* | 46069S109 | 03/17/04 | 10,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
05/12/04 - A | St. Jude Medical, Inc. *STJ* | 790849103 | 03/15/04 | 7,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/12/04 - A | UnitedHealth Group Incorporated *UNH* | 91324P102 | 03/15/04 | 37,438 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
4 | Limit Awards to Executives | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 17 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/13/04 - A | Amgen, Inc. *AMGN* | 031162100 | 03/19/04 | 64,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prepare Glass Ceiling Report | Against | Against | ShrHoldr | ||||||||||||
4 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Mattel, Inc. *MAT* | 577081102 | 03/17/04 | 10,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
4 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | Entergy Corp. *ETR* | 29364G103 | 03/17/04 | 14,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
4 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | PMC-Sierra, Inc. *PMCS* | 69344F106 | 03/15/04 | 2,168 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/14/04 - A | SunGard Data Systems Inc. *SDS* | 867363103 | 03/15/04 | 19,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | Anthem Inc. *ATH* | 03674B104 | 03/19/04 | 516 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/17/04 - A | Getty Images, Inc. *GYI* | 374276103 | 03/19/04 | 7,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | The Charles Schwab Corp. *SCH* | 808513105 | 03/18/04 | 52,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 18 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/18/04 -A | Dean Foods Company *DF* | 242370104 | 03/26/04 | 10,200 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 -A | Guidant Corp. *GDT* | 401698105 | 03/11/04 | 27,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | Advance Auto Parts Inc *AAP* | 00751Y106 | 03/30/04 | 37,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 -A | American International Group, Inc. *AIG* | 026874107 | 03/26/04 | 62,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Divest from Tobacco Equities | Against | Against | ShrHoldr | ||||||||||||
7 | Link Executive Compensation to Predatory Lending | Against | Against | �� | ShrHoldr | |||||||||||
05/19/04 -A | Intel Corp. *INTC* | 458140100 | 03/22/04 | 437,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Craig R. Barrett — For | |||||||||||||||
1.2 | Elect Director Charlene Barshefsky — For | |||||||||||||||
1.3 | Elect Director E. John P. Browne — For | |||||||||||||||
1.4 | Elect Director Andrew S. Grove — For | |||||||||||||||
1.5 | Elect Director D. James Guzy — Withhold | |||||||||||||||
1.6 | Elect Director Reed E. Hundt — For | |||||||||||||||
1.7 | Elect Director Paul S. Otellini — For | |||||||||||||||
1.8 | Elect Director David S. Pottruck — For | |||||||||||||||
1.9 | Elect Director Jane E. Shaw — For | |||||||||||||||
1.10 | Elect Director John L. Thornton — For | |||||||||||||||
1.11 | Elect Director David B. Yoffie — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 19 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
5 | Limit/Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Performance - Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | Mercury Interactive Corp. *MERQ* | 589405109 | 03/22/04 | 6,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Performance Food Group Co. *PFGC* | 713755106 | 03/29/04 | 2,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | Rent-A-Center, Inc. *RCII* | 76009N100 | 03/25/04 | 11,450 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
05/19/04 - A | Southwest Airlines Co. *LUV* | 844741108 | 03/23/04 | 10,200 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Universal Health Services, Inc. *UHS* | 913903100 | 04/08/04 | 10,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | WELLCHOICE INC *WC* | 949475107 | 04/02/04 | 9,800 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Williams-Sonoma, Inc. *WSM* | 969904101 | 03/29/04 | 10,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Edison International *EIX* | 281020107 | 03/22/04 | 69,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John E. Bryson — For | |||||||||||||||
1.2 | Elect Director France A. Cordova — For |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 20 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
1.3 | Elect Director Bradford M. Freeman — For | |||||||||||||||
1.4 | Elect Director Bruce Karatz — For | |||||||||||||||
1.5 | Elect Director Luis G. Nogales — For | |||||||||||||||
1.6 | Elect Director Ronald L. Olson — Withhold | |||||||||||||||
1.7 | Elect Director James M. Rosser — For | |||||||||||||||
1.8 | Elect Director Richard T. Schlosberg, III — For | |||||||||||||||
1.9 | Elect Director Robert H. Smith — For | |||||||||||||||
1.10 | Elect Director Thomas C. Sutton — For | |||||||||||||||
2 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/20/04 - A | Liz Claiborne, Inc. *LIZ* | 539320101 | 03/22/04 | 9,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Raul J. Fernandez — For | |||||||||||||||
1.2 | Elect Director Mary Kay Haben — For | |||||||||||||||
1.3 | Elect Director Kenneth P. Kopelman — Withhold | |||||||||||||||
1.4 | Elect Director Arthur C. Martinez — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Radioshack Corp. *RSH* | 750438103 | 03/23/04 | 3,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Frank J. Belatti — For | |||||||||||||||
1.2 | Elect Director Ronald E. Elmquist — For | |||||||||||||||
1.3 | Elect Director Robert S. Falcone — For | |||||||||||||||
1.4 | Elect Director Daniel R. Feehan — For | |||||||||||||||
1.5 | Elect Director Richard J. Hernandez — For | |||||||||||||||
1.6 | Elect Director Lawrence V. Jackson — Withhold | |||||||||||||||
1.7 | Elect Director Robert J. Kamerschen — For | |||||||||||||||
1.8 | Elect Director H. Eugene Lockhart —For | |||||||||||||||
1.9 | Elect Director Jack L. Messman — For | |||||||||||||||
1.10 | Elect Director William G. Morton, Jr. — For | |||||||||||||||
1.11 | Elect Director Thomas G. Plaskett — For | |||||||||||||||
1.12 | Elect Director Leonard H. Roberts — For | |||||||||||||||
1.13 | Elect Director Edwina D. Woodbury — For | |||||||||||||||
2 | Approve Deferred Compensation Plan | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 21 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
3 | Approve Executive Incentive Bonus Plan | For | Against | Mgmt | ||||||||||||
05/20/04 - A | Sandisk Corp. *SNDK* | 80004C101 | 03/30/04 | 7,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | The Timberland Co. *TBL* | 887100105 | 03/24/04 | 4,800 | ||||||||||||
1 | Fix Number of and Elect Directors | For | Withhold | Mgmt | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
05/20/04 - A | Xerox Corp. *XRX* | 984121103 | 03/23/04 | 1,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/20/04 - A | Yum Brands, Inc. *YUM* | 988498101 | 03/22/04 | 16,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Adopt Smoke-Free Restaurant Policy | Against | Against | ShrHoldr | ||||||||||||
5 | Prepare a Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
6 | Adopt MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Animal Welfare Standards | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Career Education Corp. *CECO* | 141665109 | 03/23/04 | 53,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/21/04 - A | Federated Department Stores, Inc. *FD* | 31410H101 | 04/02/04 | 6,100 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
05/21/04 - A | Time Warner Inc *TWX* | 887317105 | 03/23/04 | 24,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 22 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Adopt China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Yahoo!, Inc. *YHOO* | 984332106 | 03/25/04 | 28,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Community Health Systems, Inc. *CYH* | 203668108 | 03/31/04 | 5,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Fannie Mae *FNM* | 313586109 | 04/06/04 | 55,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Stephen B. Ashley — For | |||||||||||||||
1.2 | Elect Director Kenneth M. Duberstein — Withhold | |||||||||||||||
1.3 | Elect Director Thomas P. Gerrity — For | |||||||||||||||
1.4 | Elect Director Timothy Howard — For | |||||||||||||||
1.5 | Elect Director Ann Korologos — For | |||||||||||||||
1.6 | Elect Director Frederic V. Malek — For | |||||||||||||||
1.7 | Elect Director Donald B. Marron — For | |||||||||||||||
1.8 | Elect Director Daniel H. Mudd — For | |||||||||||||||
1.9 | Elect Director Anne M. Mulcahy — For | |||||||||||||||
1.10 | Elect Director Joe K. Pickett — For | |||||||||||||||
1.11 | Elect Director Leslie Rahl — For | |||||||||||||||
1.12 | Elect Director Franklin D. Raines — For | |||||||||||||||
1.13 | Elect Director H. Patrick Swygert — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Gilead Sciences, Inc. *GILD* | 375558103 | 04/05/04 | 17,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 23 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
05/25/04 - A | Henry Schein, Inc. *HSIC* | 806407102 | 04/15/04 | 12,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Stanley M. Bergman — For | |||||||||||||||
1.2 | Elect Director Gerald A. Benjamin — For | |||||||||||||||
1.3 | Elect Director James P. Breslawski — For | |||||||||||||||
1.4 | Elect Director Mark E. Mlotek —For | |||||||||||||||
1.5 | Elect Director Steven Paladino — For | |||||||||||||||
1.6 | Elect Director Barry J. Alperin — For | |||||||||||||||
1.7 | Elect Director Pamela Joseph — Withhold | |||||||||||||||
1.8 | Elect Director Donald J. Kabat — For | |||||||||||||||
1.9 | Elect Director Marvin H. Schein — Withhold | |||||||||||||||
1.10 | Elect Director Irving Shafran — For | |||||||||||||||
1.11 | Elect Director Philip A. Laskawy — For | |||||||||||||||
1.12 | Elect Director Norman S. Matthews — For | |||||||||||||||
1.13 | Elect Director Louis W. Sullivan — For | |||||||||||||||
1.14 | Elect Director Margaret A. Hamburg — For | |||||||||||||||
2 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/25/04 - A | Omnicom Group Inc. *OMC* | 681919106 | 04/09/04 | 3,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
05/25/04 - A | Royal Caribbean Cruises Ltd. *RCL* | V7780T103 | 03/26/04 | 6,000 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | Against | Mgmt | ||||||||||||
2 | APPROVAL OF THE AMENDED AND RESTATED 2000 STOCK AWARD PLAN. | For | For | Mgmt | ||||||||||||
3 | RATIFICATION OF APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE COMPANY S INDEPENDENT ACCOUNTANTS FOR 2004. | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 24 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
05/25/04 - A | SEI Investment Company *SEIC* | 784117103 | 04/01/04 | 8,400 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Cognizant Technology Solutions Corp. *CTSH* | 192446102 | 04/13/04 | 8,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock and Eliminate Class of Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/27/04 - A | Arrow Electronics, Inc. *ARW* | 042735100 | 03/29/04 | 26,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
05/27/04 - A | Genzyme Corp. *GENZ* | 372917104 | 03/31/04 | 16,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
5 | Increase Authorized Preferred Stock | For | Against | Mgmt | ||||||||||||
6 | Ratify Auditors | For | For | Mgmt | ||||||||||||
7 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Home Depot, Inc. (The) *HD* | 437076102 | 03/29/04 | 152,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gregory D. Brenneman — For | |||||||||||||||
1.2 | Elect Director Richard H. Brown — For | |||||||||||||||
1.3 | Elect Director John L. Clendenin — For | |||||||||||||||
1.4 | Elect Director Berry R. Cox — For | |||||||||||||||
1.5 | Elect Director Claudio X. Gonzalez — Withhold | |||||||||||||||
1.6 | Elect Director Milledge A. Hart, III — For | |||||||||||||||
1.7 | Elect Director Bonnie G. Hill — For | |||||||||||||||
1.8 | Elect Director Kenneth G. Langone — For | |||||||||||||||
1.9 | Elect Director Robert L. Nardelli — For | |||||||||||||||
1.10 | Elect Director Roger S. Penske — For |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 25 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Performance- Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
6 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
8 | Require Affirmative Vote of the Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
05/27/04 -A | Iron Mountain Inc. *IRM* | 462846106 | 04/05/04 | 4,150 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
05/28/04 - A | Eon Labs, Inc. *ELAB* | 29412E100 | 04/01/04 | 483 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
05/28/04 - A | Lowe *LOW* | 548661107 | 04/01/04 | 73,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Leonard L. Berry — For | |||||||||||||||
1.2 | Elect Director Paul Fulton — For | |||||||||||||||
1.3 | Elect Director Dawn E. Hudson — Withhold | |||||||||||||||
1.4 | Elect Director Marshall O. Larsen — For | |||||||||||||||
1.5 | Elect Director Robert A. Niblock — For | |||||||||||||||
1.6 | Elect Director Stephen F. Page — For | |||||||||||||||
1.7 | Elect Director O. Temple Sloan, Jr. — For | |||||||||||||||
1.8 | Elect Director Robert L. Tillman — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/01/04 - A | Foundry Networks, Inc. *FDRY* | 35063R100 | 04/09/04 | 9,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Bobby R. Johnson, Jr. — For | |||||||||||||||
1.2 | Elect Director Andrew K. Ludwick — For | |||||||||||||||
1.3 | Elect Director Alfred J. Amoroso — For | |||||||||||||||
1.4 | Elect Director C. Nicholas Keating, Jr. — For | |||||||||||||||
1.5 | Elect Director J. Steven Young — Withhold |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 26 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.6 | Elect Director Alan L. Earhart — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/01/04 - A | The TJX Companies, Inc. *TJX* | 872540109 | 04/12/04 | 84,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Implement ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Vendor Standards | Against | Against | ShrHoldr | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
06/02/04 - A | Polycom, Inc. *PLCM* | 73172K104 | 04/09/04 | 6,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Betsy S. Atkins — For | |||||||||||||||
1.2 | Elect Director John Seely Brown — For | |||||||||||||||
1.3 | Elect Director Robert C. Hagerty — For | |||||||||||||||
1.4 | Elect Director John A. Kelley, Jr. — For | |||||||||||||||
1.5 | Elect Director Michael R. Kourey — For | |||||||||||||||
1.6 | Elect Director Stanley J. Meresman — For | |||||||||||||||
1.7 | Elect Director William A. Owens — Withhold | |||||||||||||||
1.8 | Elect Director Durk I. Jager — For | |||||||||||||||
1.9 | Elect Director Thomas G. Stemberg — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/03/04 - A | Coventry Health Care Inc. *CVH* | 222862104 | 04/05/04 | 37,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/04/04 - A | Wal-Mart Stores, Inc. *WMT* | 931142103 | 04/05/04 | 150,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
7 | Prepare Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
9 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
10 | Prepare Diversity Report | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 27 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
11 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
06/09/04 - A | GLOBAL SANTA FE CORP.(formerly Santa Fe International Corp) *GSF* | G3930E101 | 04/07/04 | 14,300 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | PROPOSAL TO APPROVE A SPECIAL RESOLUTION TO AMEND THE COMPANY S AMENDED AND RESTATED ARTICLES OF ASSOCIATION TO PERMIT TELEPHONIC AND INTERNET VOTING BY RECORD SHAREHOLDERS. | For | For | Mgmt | ||||||||||||
3 | PROPOSAL TO APPROVE A SPECIAL RESOLUTION TO AMEND THE COMPANY S AMENDED AND RESTATED ARTICLES OF ASSOCIATION TO REMOVE THE LANGUAGE NO SHARE OWNERSHIP QUALIFICATION FOR DIRECTORS SHALL BE REQUIRED. | For | For | Mgmt | ||||||||||||
4 | PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS OF THE COMPANY AND ITS SUBSIDIARIES FOR THE YEAR ENDING DECEMBER 31, 2004. | For | For | Mgmt | ||||||||||||
06/09/04 - A | Liberty Media Corp. *L* | 530718105 | 04/21/04 | 56,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/10/04 - A | PETsMART *PETM* | 716768106 | 04/12/04 | 6,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/10/04 - S | Varian Medical Systems Inc *VAR* | 92220P105 | 04/12/04 | 10,100 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 28 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/11/04 - A | Commerce Bancorp, Inc. *CBH* | 200519106 | 04/23/04 | 10,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Vernon W. Hill, II — For | |||||||||||||||
1.2 | Elect Director Robert C. Beck — Withhold | |||||||||||||||
1.3 | Elect Director Jack R Bershad — For | |||||||||||||||
1.4 | Elect Director Joseph E. Buckelew — For | |||||||||||||||
1.5 | Elect Director Donald T. Difrancesco — Withhold | |||||||||||||||
1.6 | Elect Director John P. Ferguson — For | |||||||||||||||
1.7 | Elect Director Morton N. Kerr — For | |||||||||||||||
1.8 | Elect Director Steven M. Lewis — For | |||||||||||||||
1.9 | Elect Director George E. Norcross, III — For | |||||||||||||||
1.10 | Elect Director Joseph J. Plumeri, II — For | |||||||||||||||
1.11 | Elect Director Daniel J. Ragone — For | |||||||||||||||
1.12 | Elect Director Wm. A. Schwartz, Jr. — For | |||||||||||||||
1.13 | Elect Director Joseph T. Tarquini, Jr. — For | |||||||||||||||
2 | Approve Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/16/04 - A | BIOGEN IDEC INC *BIIB* | 09062X103 | 04/20/04 | 14,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/17/04 - A | Michaels Stores, Inc. *MIK* | 594087108 | 04/26/04 | 14,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
06/17/04 - A | Staples, Inc. *SPLS* | 855030102 | 04/19/04 | 84,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
7 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
8 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
9 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 29 |
Vote Summary Report
Jul 01, 2003 – Apr 29, 2004
AIT Select Growth Fund – Putnam Investment Management, LLC
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
06/22/04 - A | Chico’s FAS, Inc. *CHS* | 168615102 | 04/26/04 | 14,900 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Change Range for Size of the Board | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/23/04 - A | IAC / INTERACTIVECORP *IACI* | 45840Q101 | 04/29/04 | 7,100 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/23/04 - A | Siebel Systems, Inc. *SEBL* | 826170102 | 04/29/04 | 17,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Abstain | For | ShrHoldr | ||||||||||||
06/24/04 - A | Best Buy Co., Inc. *BBY* | 086516101 | 04/26/04 | 31,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
06/24/04 - A | eBay Inc. *EBAY* | 278642103 | 04/26/04 | 25,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Expense Stock Options | Against | Against | ShrHoldr |
Vote execution is not guaranteed in markets where a POA has not been provided | Page 30 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
10/28/03 - S | First Data Corp. *FDC* | 319963104 | 09/08/03 | 74,700 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
01/28/04 - A | Johnson Controls, Inc. *JCI* | 478366107 | 11/20/03 | 21,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
6 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||||||||
01/29/04 - A | Costco Wholesale Corporation *COST* | 22160K105 | 12/05/03 | 5,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
2 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
3 | Develop Land Procurement Policy | Against | Against | ShrHoldr | ||||||||||||
Management Proposal | ||||||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/17/04 - S | Bank of America Corp. *BAC* | 060505104 | 01/26/04 | 21,000 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Adjourn Meeting | For | For | Mgmt | ||||||||||||
03/17/04 - S | FleetBoston Financial Corp. | 339030108 | 01/26/04 | 44,400 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | For | Mgmt | ||||||||||||
03/31/04 - A | Freddie Mac *FRE* | 313400301 | 02/20/04 | 99,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/14/04 - A | United Technologies Corp. *UTX* | 913017109 | 02/17/04 | 15,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Performance-Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 1 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/20/04 - A | Citigroup Inc. *C* | 172967101 | 02/27/04 | 235,382 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Mellon Financial Corp. *MEL* | 58551A108 | 02/06/04 | 128,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Morgan Stanley *MWD* | 617446448 | 02/20/04 | 144,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/21/04 - A | Burlington Northern Santa Fe Corp. *BNI* | 12189T104 | 02/27/04 | 106,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Johnson & Johnson *JNJ* | 478160104 | 02/24/04 | 37,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | Against | Mgmt | ||||||||||||
3 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Wyeth *WYE* | 983024100 | 03/12/04 | 108,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/23/04 - A | Delta Air Lines, Inc. *DAL* | 247361108 | 03/01/04 | 17,598 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 2 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
4 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Submit Executive Pension Benefit To Vote | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/26/04 - A | Bellsouth Corp. *BLS* | 079860102 | 03/08/04 | 101,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | American Electric Power Co. *AEP* | 025537101 | 03/03/04 | 94,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
4 | Submit Executive Pension Benefit to Vote | Against | For | ShrHoldr | ||||||||||||
5 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
6 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | Exelon Corp. *EXC* | 30161N101 | 03/01/04 | 49,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
04/27/04 - A | MeadWestvaco Corp. *MWV* | 583334107 | 03/01/04 | 68,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | PNC Financial Services Group, Inc. *PNC* | 693475105 | 02/27/04 | 65,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Wells Fargo & Company *WFC* | 949746101 | 03/09/04 | 149,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 3 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Approve Retirement Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Link Executive Compensation to Social Issues | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | The McGraw-Hill Companies, Inc. *MHP* | 580645109 | 03/09/04 | 22,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/29/04 - A | Kimberly-Clark Corp. *KMB* | 494368103 | 03/01/04 | 38,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/30/04 - A | Pentair, Inc. *PNR* | 709631105 | 03/01/04 | 22,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Outside Director Stock Options in Lieu of Cash | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
6 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/30/04 - A | SBC Communications Inc. *SBC* | 78387G103 | 03/02/04 | 166,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Bylaws | For | For | Mgmt | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Change Size of Board of Directors | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | AFLAC Incorporated *AFL* | 001055102 | 02/25/04 | 43,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 4 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/03/04 - A | The Boeing Co. *BA* | 097023105 | 03/05/04 | 49,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Adopt Amended Workplace Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
6 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
7 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | Against | ShrHoldr | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
9 | Adopt a Policy that will Commit Executive & Directors to Hold at least 75% of their Shares | Against | Against | ShrHoldr | ||||||||||||
10 | Provide Employees Choice of Pension Plans at Retirement or Termination | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Bristol-Myers Squibb Co. *BMY* | 110122108 | 03/08/04 | 93,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
4 | Cease Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
7 | Require Affirmative Vote of a Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Gannett Co., Inc. *GCI* | 364730101 | 03/05/04 | 22,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Quest Diagnostics, Incorporated *DGX* | 74834L100 | 03/08/04 | 11,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 5 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/04/04 - A | Sempra Energy *SRE* | 816851109 | 03/09/04 | 80,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | ConocoPhillips *COP* | 20825C104 | 03/10/04 | 89,256 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Drilling in the Arctic National Wildlife Refuge | Against | Against | ShrHoldr | ||||||||||||
05/07/04 - A | Illinois Tool Works Inc. *ITW* | 452308109 | 03/09/04 | 65,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | Masco Corp. *MAS* | 574599106 | 03/15/04 | 138,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | UnitedHealth Group Incorporated *UNH* | 91324P102 | 03/15/04 | 101,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Cephalon, Inc. *CEPH* | 156708109 | 03/18/04 | 800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/13/04 - A | Norfolk Southern Corp. *NSC* | 655844108 | 03/05/04 | 155,605 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 6 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | FirstEnergy Corporation *FE* | 337932107 | 03/23/04 | 102,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||||||||
5 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
6 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
7 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
8 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
10 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
05/18/04 - A | Northrop Grumman Corp. *NOC* | 666807102 | 03/22/04 | 19,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
4 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
05/18/04 - A | The Interpublic Group of Companies, Inc. *IPG* | 460690100 | 03/26/04 | 108,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | American International Group, Inc. *AIG* | 026874107 | 03/26/04 | 53,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Divest from Tobacco Equities | Against | Against | ShrHoldr | ||||||||||||
7 | Link Executive Compensation to Predatory Lending | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 7 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/19/04 - A | First Data Corp. *FDC* | 319963104 | 03/22/04 | 65,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Viacom Inc. *VIA* | 925524308 | 03/22/04 | 111,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
05/20/04 - A | The Hartford Financial Services Group, Inc. *HIG* | 416515104 | 03/22/04 | 48,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Pepco Holdings, Inc. *POM* | 713291102 | 03/22/04 | 73,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Time Warner Inc *TWX* | 887317105 | 03/23/04 | 248,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Adopt China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | TXU Corp. *TXU* | 873168108 | 03/22/04 | 6,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | JP Morgan Chase & Co. *JPM* | 46625H100 | 04/02/04 | 179,078 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Adjourn Meeting | For | For | Mgmt | ||||||||||||
6 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
7 | Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
8 | Political Contributions | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 8 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
9 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
10 | Provide Adequate Disclosure for over the counter Derivatives | Against | Against | ShrHoldr | ||||||||||||
11 | Auditor Independence | Against | Against | ShrHoldr | ||||||||||||
12 | Submit Non-Employee Director Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
13 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Martin Marietta Materials, Inc. *MLM* | 573284106 | 03/19/04 | 77,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Bank of America Corp. *BAC* | 060505104 | 04/07/04 | 43,278 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Change Date of Annual Meeting | Against | Against | ShrHoldr | ||||||||||||
4 | Adopt Nomination Procedures for the Board | Against | Against | ShrHoldr | ||||||||||||
5 | Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
6 | Establish Independent Committee to Review Mutual Fund Policy | Against | Against | ShrHoldr | ||||||||||||
7 | Adopt Standards Regarding Privacy and Information Security | Against | Against | ShrHoldr | ||||||||||||
05/26/04 - A | Exxon Mobil Corp. *XOM* | 30231G102 | 04/05/04 | 223,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Affirm Political Nonpartisanship | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Equatorial Guinea | Against | Against | ShrHoldr | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
8 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
9 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
10 | Amend EEO Statement to Include Reference to Sexual Orientation | Against | Against | ShrHoldr | ||||||||||||
11 | Report on Climate Change Research | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Nextel Communications, Inc. *NXTL* | 65332V103 | 04/02/04 | 304,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 9 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – UBS Global Asset Management (Americas) Inc.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/28/04 - A | CMS Energy Corp. *CMS* | 125896100 | 04/02/04 | 3,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Bundled Compensation Plans | For | For | Mgmt | ||||||||||||
5 | Increase Authorized Common Stock | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 10 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
07/18/03 - A | * Dell Inc. *DELL* | 247025109 | 05/23/03 | 156,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Change Company Name | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
10/14/03 - A | * The Procter & Gamble Company *PG* | 742718109 | 08/01/03 | 21,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Label Genetically Engineered Foods | Against | Against | ShrHoldr | ||||||||||||
10/28/03 - S | * First Data Corp. *FDC* | 319963104 | 09/08/03 | 171,000 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
10/30/03 - A | * Intuit, Inc. *INTU* | 461202103 | 09/02/03 | 47,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/11/03 - A | * Cisco Systems, Inc. *CSCO* | 17275R102 | 09/12/03 | 319,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Report on Company Products Used by the Government to Monitor the Internet | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
01/15/04 - A | * Family Dollar Stores, Inc. *FDO* | 307000109 | 11/24/03 | 85,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 1 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
01/26/04 -A | * Energizer Holdings, Inc. *ENR* | 29266R108 | 11/21/03 | 27,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
03/02/04 -A | * QUALCOMM Inc. *QCOM* | 747525103 | 01/02/04 | 117,507 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Adelia A. Coffman — Withhold | |||||||||||||||
1.2 | Elect Director Raymond V. Dittamore — For | |||||||||||||||
1.3 | Elect Director Irwin Mark Jacobs — For | |||||||||||||||
1.4 | Elect Director Richard Sulpizio —For | |||||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
03/09/04 -A | * Wm. Wrigley Jr. Co. *WWY* | 982526105 | 01/15/04 | 58,342 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/22/04 - S | * Caremark Rx, Inc. *CMX* | 141705103 | 02/05/04 | 12,800 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
2 | Approve Issuance of Stock in Connection with Merger Agreement | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Preferred Stock | For | Against | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Allow Postponement or Adjournment of Special Meeting | For | Against | Mgmt | ||||||||||||
03/31/04 -A | * Freddie Mac *FRE* | 313400301 | 02/20/04 | 118,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Joan E. Donoghue — For | |||||||||||||||
1.2 | Elect Director Michelle Engler —Withhold | |||||||||||||||
1.3 | Elect Director Richard Karl Goeltz — For | |||||||||||||||
1.4 | Elect Director George D. Gould —Withhold | |||||||||||||||
1.5 | Elect Director Henry Kaufman — For | |||||||||||||||
1.6 | Elect Director John B. Mccoy —Withhold | |||||||||||||||
1.7 | Elect Director Shaun F. O’Malley — Withhold | |||||||||||||||
1.8 | Elect Director Ronald F. Poe — Withhold |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 2 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
1.9 | Elect Director Stephen A. Ross —Withhold | |||||||||||||||
1.10 | Elect Director Donald J. Schuenke — Withhold | |||||||||||||||
1.11 | Elect Director Christina Seix — Withhold | |||||||||||||||
1.12 | Elect Director Richard F. Syron —For | |||||||||||||||
1.13 | Elect Director William J. Turner —Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/15/04 - A | * Texas Instruments Inc. *TXN* | 882508104 | 02/17/04 | 116,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
04/19/04 - A | * Eli Lilly and Co. *LLY* | 532457108 | 02/13/04 | 35,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | * Cendant Corporation *CD* | 151313103 | 02/23/04 | 228,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/21/04 - A | * State Street Corp. (Boston) *STT* | 857477103 | 02/27/04 | 20,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Exempt Board of Directors from Massachusetts General Laws, Chapter 156B, Section 50A(a) | Against | For | ShrHoldr | ||||||||||||
04/22/04 - A | * Johnson & Johnson *JNJ* | 478160104 | 02/24/04 | 63,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Cease Charitable Contributions | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 3 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/22/04 - A | * Pfizer Inc. *PFE* | 717081103 | 02/27/04 | 264,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
5 | Cease Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
9 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
10 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | * Wyeth *WYE* | 983024100 | 03/12/04 | 137,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | * Golden West Financial Corp. *GDW* | 381317106 | 03/01/04 | 10,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | * Moody’s Corporation *MCO* | 615369105 | 03/01/04 | 40,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Performance - Based | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | * Clear Channel Communications, Inc. *CCU* | 184502102 | 03/08/04 | 116,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Alan D. Feld — Withhold | |||||||||||||||
1.2 | Elect Director Thomas O. Hicks — For | |||||||||||||||
1.3 | Elect Director Perry J. Lewis — For | |||||||||||||||
1.4 | Elect Director L. Lowry Mays — For | |||||||||||||||
1.5 | Elect Director Mark P. Mays — For | |||||||||||||||
1.6 | Elect Director Randall T. Mays — For | |||||||||||||||
1.7 | Elect Director B.J. Mccombs — For |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 4 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.8 | Elect Director Phyllis B. Riggins — For | |||||||||||||||
1.9 | Elect Director Theordore H. Strauss — For | |||||||||||||||
1.10 | Elect Director J.C. Watts — For | |||||||||||||||
1.11 | Elect Director John H. Williams — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | * General Electric Co. *GE* | 369604103 | 03/01/04 | 29,700 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James I. Cash, Jr. —For | |||||||||||||||
1.2 | Elect Director Dennis D. Dammerman — For | |||||||||||||||
1.3 | Elect Director Ann M. Fudge — For | |||||||||||||||
1.4 | Elect Director Claudio X. Gonzalez — Withhold | |||||||||||||||
1.5 | Elect Director Jeffrey R. Immelt — For | |||||||||||||||
1.6 | Elect Director Andrea Jung — For | |||||||||||||||
1.7 | Elect Director Alan G. Lafley — For | |||||||||||||||
1.8 | Elect Director Kenneth G. Langone — For | |||||||||||||||
1.9 | Elect Director Ralph S. Larsen — For | |||||||||||||||
1.10 | Elect Director Rochelle B. Lazarus — For | |||||||||||||||
1.11 | Elect Director Sam Nunn — For | |||||||||||||||
1.12 | Elect Director Roger S. Penske — For | |||||||||||||||
1.13 | Elect Director Robert J. Swieringa — For | |||||||||||||||
1.14 | Elect Director Douglas A. Warner III — For | |||||||||||||||
1.15 | Elect Director Robert C. Wright — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
5 | Eliminate Animal Testing | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Nuclear Fuel Storage Risks | Against | Against | ShrHoldr | ||||||||||||
7 | Report on PCB Clean-up | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
9 | Prepare Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
10 | Limit Composition of Management Development and Compensation Committee to Independent Directors | Against | Against | ShrHoldr | ||||||||||||
11 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
12 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
13 | Limit Board Service for Other Companies | Against | For | ShrHoldr | ||||||||||||
14 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
15 | Hire Advisor/Maximize Shareholder Value | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 5 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
16 | Adopt a Retention Ratio for Executives and Directors | Against | Against | ShrHoldr | ||||||||||||
17 | Require 70% to 80% Independent Board | Against | Against | ShrHoldr | ||||||||||||
18 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | * The McGraw-Hill Companies, Inc. *MHP* | 580645109 | 03/09/04 | 63,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/29/04 - A | * Harrah’s Entertainment, Inc. *HET* | 413619107 | 03/01/04 | 32,791 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/30/04 - A | * Marriott International Inc. (New) *MAR* | 571903202 | 03/08/04 | 42,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
05/03/04 - A | * MBNA Corp. *KRB* | 55262L100 | 02/13/04 | 112,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James H. Berick — Withhold | |||||||||||||||
1.2 | Elect Director Benjamin R. Civiletti — Withhold | |||||||||||||||
1.3 | Elect Director Bruce L. Hammonds — For | |||||||||||||||
1.4 | Elect Director William L. Jews — For | |||||||||||||||
1.5 | Elect Director Randolph D. Lerner — Withhold | |||||||||||||||
1.6 | Elect Director Stuart L. Markowitz — For | |||||||||||||||
1.7 | Elect Director William B. Milstead — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 6 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
05/04/04 - A | * Ambac Financial Group, Inc. *ABK* | 023139108 | 03/09/04 | 13,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | * Caremark Rx, Inc. *CMX* | 141705103 | 04/01/04 | 50,750 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/04/04 - A | * Gannett Co., Inc. *GCI* | 364730101 | 03/05/04 | 14,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | * Sabre Holdings Corporation *TSG* | 785905100 | 03/15/04 | 20,812 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/05/04 - A | * EMC Corp. *EMC* | 268648102 | 03/08/04 | 140,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | * PepsiCo, Inc. *PEP* | 713448108 | 03/12/04 | 143,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 7 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/06/04 - A | * Avon Products, Inc. *AVP* | 054303102 | 03/15/04 | 34,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Edward T. Fogarty — For | |||||||||||||||
1.2 | Elect Director Susan J. Kropf — For | |||||||||||||||
1.3 | Elect Director Maria Elena Lagomasino — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Report on Feasibility of Removing Parabens from Company Products | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Feasibility of Removing Dibutyl Phthalate from Company Products | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | * Echostar Communications Corp. *DISH* | 278762109 | 03/22/04 | 70,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Michael T. Dugan — Withhold | |||||||||||||||
1.2 | Elect Director James Defranco — Withhold | |||||||||||||||
1.3 | Elect Director Cantey Ergen — Withhold | |||||||||||||||
1.4 | Elect Director Charles W. Ergen — For | |||||||||||||||
1.5 | Elect Director Raymond L. Friedlob — For | |||||||||||||||
1.6 | Elect Director Steven R. Goodbarn — For | |||||||||||||||
1.7 | Elect Director David K. Moskowitz — Withhold | |||||||||||||||
1.8 | Elect Director C. Michael Schroeder — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
05/07/04 - A | * Colgate-Palmolive Co. *CL* | 194162103 | 03/09/04 | 10,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 8 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/ | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/07/04 - A | * Starwood Hotels & Resorts Worldwide, Inc. *HOT* | 85590A203 | 03/19/04 | 32,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
05/07/04 - A | * WILLIS GROUP HOLDINGS LTD *WSH* | G96655108 | 03/09/04 | 18,890 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | * Valassis Communications, Inc. *VCI* | 918866104 | 03/22/04 | 45,650 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Patrick F. Brennan — Withhold | |||||||||||||||
1.2 | Elect Director Kenneth V. Darish — For | |||||||||||||||
1.3 | Elect Director Seth Goldstein — For | |||||||||||||||
1.4 | Elect Director Barry P. Hoffman — For | |||||||||||||||
1.5 | Elect Director Walter H. Ku — For | |||||||||||||||
1.6 | Elect Director Robert L. Recchia — For | |||||||||||||||
1.7 | Elect Director Marcella A. Sampson — Withhold | |||||||||||||||
1.8 | Elect Director Alan F. Schultz — For | |||||||||||||||
1.9 | Elect Director Faith Whittlesey — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | * Univision Communications Inc. *UVN* | 914906102 | 03/15/04 | 52,530 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director A. Jerrold Perenchio — Withhold | |||||||||||||||
1.2 | Elect Director Fernando Aguirre — For | |||||||||||||||
1.3 | Elect Director Harold Gaba — For | |||||||||||||||
1.4 | Elect Director Alan F. Horn — For | |||||||||||||||
1.5 | Elect Director John G. Perenchio — Withhold | |||||||||||||||
1.6 | Elect Director Ray Rodriguez — Withhold | |||||||||||||||
1.7 | Elect Director McHenry T. Tichenor, Jr. — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 9 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/13/04 - A | * Amgen, Inc. *AMGN* | 031162100 | 03/19/04 | 29,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Frank J. Biondi, Jr. — For | |||||||||||||||
1.2 | Elect Director Jerry D. Choate — Withhold | |||||||||||||||
1.3 | Elect Director Frank C. Herringer — For | |||||||||||||||
1.4 | Elect Director Gilbert S. Omenn — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prepare Glass Ceiling Report | Against | Against | ShrHoldr | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/17/04 - A | * The Charles Schwab Corp. *SCH* | 808513105 | 03/18/04 | 401,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | First Data Corp. *FDC* | 319963104 | 03/22/04 | 157,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Intel Corp. *INTC* | 458140100 | 03/22/04 | 259,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Craig R. Barrett — For | |||||||||||||||
1.2 | Elect Director Charlene Barshefsky — For | |||||||||||||||
1.3 | Elect Director E. John P. Browne — For | |||||||||||||||
1.4 | Elect Director Andrew S. Grove — For | |||||||||||||||
1.5 | Elect Director D. James Guzy — Withhold | |||||||||||||||
1.6 | Elect Director Reed E. Hundt — For | |||||||||||||||
1.7 | Elect Director Paul S. Otellini — For | |||||||||||||||
1.8 | Elect Director David S. Pottruck — For | |||||||||||||||
1.9 | Elect Director Jane E. Shaw — For | |||||||||||||||
1.10 | Elect Director John L. Thornton — For | |||||||||||||||
1.11 | Elect Director David B. Yoffie — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Limit/Prohibit Awards to Executives | Against | For | ShrHoldr | ||||||||||||
6 | Performance - Based/Indexed Options | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 10 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/19/04 - A | Viacom Inc. *VIA* | 925524308 | 03/22/04 | 154,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director George S. Abrams — Withhold | |||||||||||||||
1.2 | Elect Director David R. Andelman — Withhold | |||||||||||||||
1.3 | Elect Director Joseph A. Califano, Jr. — For | |||||||||||||||
1.4 | Elect Director William S. Cohen — For | |||||||||||||||
1.5 | Elect Director Philippe P. Dauman — Withhold | |||||||||||||||
1.6 | Elect Director Alan C. Greenberg — Withhold | |||||||||||||||
1.7 | Elect Director Mel Karmazin — Withhold | |||||||||||||||
1.8 | Elect Director Jan Leschly — For | |||||||||||||||
1.9 | Elect Director David T. McLaughlin — For | |||||||||||||||
1.10 | Elect Director Shari Redstone — Withhold | |||||||||||||||
1.11 | Elect Director Sumner M. Redstone — Withhold | |||||||||||||||
1.12 | Elect Director Frederic V. Salerno — Withhold | |||||||||||||||
1.13 | Elect Director William Schwartz — Withhold | |||||||||||||||
1.14 | Elect Director Patty Stonesifer — For | |||||||||||||||
1.15 | Elect Director Robert D. Walter — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
05/21/04 - A | Time Warner Inc *TWX* | 887317105 | 03/23/04 | 184,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Adopt China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Yahoo!, Inc. *YHOO* | 984332106 | 03/25/04 | 40,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/25/04 - A | Fannie Mae *FNM* | 313586109 | 04/06/04 | 90,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 11 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
05/26/04 - A | Crown Castle International Corp. *CCI* | 228227104 | 04/01/04 | 149,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Implement MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Lamar Advertising Company *LAMR* | 512815101 | 04/05/04 | 42,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/28/04 - A | Lowe *LOW* | 548661107 | 04/01/04 | 28,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Leonard L. Berry — For | |||||||||||||||
1.2 | Elect Director Paul Fulton — For | |||||||||||||||
1.3 | Elect Director Dawn E. Hudson — Withhold | |||||||||||||||
1.4 | Elect Director Marshall O. Larsen — For | |||||||||||||||
1.5 | Elect Director Robert A. Niblock — For | |||||||||||||||
1.6 | Elect Director Stephen F. Page — For | |||||||||||||||
1.7 | Elect Director O. Temple Sloan, Jr. — For | |||||||||||||||
1.8 | Elect Director Robert L. Tillman — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/04/04 - A | Wal-Mart Stores, Inc. *WMT* | 931142103 | 04/05/04 | 137,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
7 | Prepare Sustainability Report | Against | For | ShrHoldr | ||||||||||||
8 | Report on Stock Option Distribution by Race and Gender | Against | For | ShrHoldr | ||||||||||||
9 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
10 | Prepare Diversity Report | Against | For | ShrHoldr | ||||||||||||
11 | Submit Executive Compensation to Vote | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 12 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Core Equity Fund – Goldman Sachs Asset Management, L.P.
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/09/04 - A | Liberty Media Corp. *L* | 530718105 | 04/21/04 | 323,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert R. Bennett — Withhold | |||||||||||||||
1.2 | Elect Director Paul A. Gould — For | |||||||||||||||
1.3 | Elect Director John C. Malone — Withhold | |||||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/17/04 - A | Dollar Tree Stores, Inc. *DLTR* | 256747106 | 04/23/04 | 23,000 | ||||||||||||
1 | Change Range for Size of the Board | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
06/24/04 - A | eBay Inc. *EBAY* | 278642103 | 04/26/04 | 29,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Expense Stock Options | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote * - Exception Vote | Page 13 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/11/04 -A | 3M CO *MMM* | 88579Y101 | 03/12/04 | 48,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Edward A. Brennan — Withhold | |||||||||||||||
1.2 | Elect Director Michael L. Eskew — For | |||||||||||||||
1.3 | Elect Director W. James McNerney, Jr. — Withhold | |||||||||||||||
1.4 | Elect Director Kevin W. Sharer — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
04/23/04 - A | Abbott Laboratories *ABT* | 002824100 | 02/25/04 | 97,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Operational Imact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Ace Ltd. *ACE* | G0070K103 | 04/08/04 | 16,800 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | PROPOSAL TO APPROVE THE ACE LIMITED 2004 LONG-TERM INCENTIVE PLAN. | For | For | Mgmt | ||||||||||||
3 | PROPOSAL TO RATIFY THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT ACCOUNTANTS OF ACE LIMITED FOR THE FISCAL YEAR ENDING DECEMBER 31, 2004. | For | For | Mgmt | ||||||||||||
03/02/04 - A | ADC Telecommunications, Inc. *ADCT* | 000886101 | 01/07/04 | 51,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Adobe Systems Inc. *ADBE* | 00724F101 | 03/03/04 | 14,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 1 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Adopt a Plocy that will Committ Executives to Hold a Significant Percentage of their Shares | Against | For | ShrHoldr | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/29/04 - A | Advanced Micro Devices, Inc. *AMD* | 007903107 | 03/01/04 | 1,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/30/04 - A | Aetna Inc. *AET* | 00817Y108 | 02/27/04 | 9,498 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | AFLAC Incorporated *AFL* | 001055102 | 02/25/04 | 32,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Daniel P. Amos — For | |||||||||||||||
1.2 | Elect Director John Shelby Amos II — For | |||||||||||||||
1.3 | Elect Director Michael H. Armacost — Withhold | |||||||||||||||
1.4 | Elect Director Kriss Cloninger III — For | |||||||||||||||
1.5 | Elect Director Joe Frank Harris — For | |||||||||||||||
1.6 | Elect Director Elizabeth J. Hudson — For | |||||||||||||||
1.7 | Elect Director Kenneth S. Janke, Sr. — For | |||||||||||||||
1.8 | Elect Director Douglas W. Johnson — For | |||||||||||||||
1.9 | Elect Director Robert B. Johnson — For | |||||||||||||||
1.10 | Elect Director Charles B. Knapp — For | |||||||||||||||
1.11 | Elect Director Hidefumi Matsui — For | |||||||||||||||
1.12 | Elect Director Nobuhiro Mori — For | |||||||||||||||
1.13 | Elect Director E. Stephen Purdom, M.D. — For | |||||||||||||||
1.14 | Elect Director Barbara K. Rimer, Ph.D. — For | |||||||||||||||
1.15 | Elect Director Marvin R. Schuster — For | |||||||||||||||
1.16 | Elect Director Glenn Vaughn, Jr. — For | |||||||||||||||
1.17 | Elect Director Robert L. Wright — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 2 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
03/02/04 - A | Agilent Technologies Inc. *A* | 00846U101 | 01/05/04 | 30,424 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/22/04 - A | Air Products & Chemicals, Inc. *APD* | 009158106 | 11/28/03 | 15,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/22/04 - A | Alberto-Culver Co. *ACV* | 013068101 | 12/01/03 | 3,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Amend Articles | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
06/10/04 - A | Albertson’s Inc. *ABS* | 013104104 | 04/14/04 | 6,649 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Pamela G. Bailey — For | |||||||||||||||
1.2 | Elect Director Teresa Beck — Withhold | |||||||||||||||
1.3 | Elect Director Beth M. Pritchard — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||||||||
5 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
6 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
7 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
04/30/04 - A | Alcoa Inc. *AA* | 013817101 | 02/02/04 | 54,708 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Allegheny Energy, Inc. *AYE* | 017361106 | 03/16/04 | 1,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Eliminate Cumulative Voting | For | Against | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 3 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | For | For | ShrHoldr | ||||||||||||
7 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | For | For | ShrHoldr | ||||||||||||
8 | Declassify the Board of Directors | For | For | ShrHoldr | ||||||||||||
9 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
10 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
11 | Adopt a Policy that will Commit Executive & Directors to Hold at Least 50% of their Shares | Against | For | ShrHoldr | ||||||||||||
12 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
13 | Restore Preemptive Rights of Shareholders | Against | Against | ShrHoldr | ||||||||||||
14 | Reincorporate in Another State from Maryland to Delaware | Against | For | ShrHoldr | ||||||||||||
05/06/04 - A | Allegheny Technologies, Inc. *ATI* | 01741R102 | 03/12/04 | 4,951 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Allergan, Inc. *AGN* | 018490102 | 03/08/04 | 8,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Handel E. Evans — For | |||||||||||||||
1.2 | Elect Director Michael R. Gallagher — For | |||||||||||||||
1.3 | Elect Director Gavin S. Herbert — Withhold | |||||||||||||||
1.4 | Elect Director Stephen J. Ryan — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
12/18/03 - S | Allied Waste Industries, Inc. *AW* | 019589308 | 11/03/03 | 3,200 | ||||||||||||
1 | Approve Conversion of Securities | For | For | Mgmt | ||||||||||||
05/21/04 - A | Allied Waste Industries, Inc. *AW* | 019589308 | 03/31/04 | 6,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Report on Privatization | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 4 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/22/04 - A | ALLTEL Corp. *AT* | 020039103 | 02/24/04 | 19,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Ammend EEO - Sexual Orientation | Against | For | ShrHoldr | ||||||||||||
05/11/04 - A | Altera Corp. *ALTR* | 021441100 | 03/16/04 | 23,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Approve Option Expensing | Against | For | ShrHoldr | ||||||||||||
04/29/04 - A | Altria Group, Inc. *MO* | 02209S103 | 03/08/04 | 125,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Product Warnings for Pregnant Women | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Health Risks Associated with Cigarette Filters | Against | Against | ShrHoldr | ||||||||||||
5 | Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Cease Use of Light and Ultra Light in Cigarette Marketing | Against | Against | ShrHoldr | ||||||||||||
7 | Place Canadian Style Warnings on Cigarette Packaging | Against | Against | ShrHoldr | ||||||||||||
8 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
05/04/04 - A | Ambac Financial Group, Inc. *ABK* | 023139108 | 03/09/04 | 6,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/05/04 - A | Amerada Hess Corp. *AHC* | 023551104 | 03/15/04 | 5,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Nicholas F. Brady — Withhold | |||||||||||||||
1.2 | Elect Director J. Barclay Collins II — For | |||||||||||||||
1.3 | Elect Director Thomas H. Kean — For | |||||||||||||||
1.4 | Elect Director Frank A. Olson — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Establish Other Board Committee | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 5 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/27/04 - A | Ameren Corporation *AEE* | 023608102 | 03/11/04 | 11,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Risks of Nuclear Waste Storage | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | American Electric Power Co. *AEP* | 025537101 | 03/03/04 | 24,540 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
4 | Submit Executive Pension Benefit to Vote | Against | For | ShrHoldr | ||||||||||||
5 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
6 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
04/26/04 - A | American Express Co. *AXP* | 025816109 | 02/27/04 | 80,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
06/25/04 - A | American Greetings Corp. *AM* | 026375105 | 04/26/04 | 3,900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Scott S. Cowen — For | |||||||||||||||
1.2 | Elect Director Harriet Mouchly-Weiss — For | |||||||||||||||
1.3 | Elect Director Charles A. Ratner — Withhold | |||||||||||||||
1.4 | Elect Director Zev Weiss — For | |||||||||||||||
1.5 | Elect Director Joseph Hardin — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | American International Group, Inc. *AIG* | 026874107 | 03/26/04 | 159,079 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 6 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6 | Divest from Tobacco Equities | Against | Against | ShrHoldr | ||||||||||||
7 | Link Executive Compensation to Predatory Lending | Against | Against | ShrHoldr | ||||||||||||
06/10/04 - A | American Power Conversion Corp. *APCC* | 029066107 | 04/14/04 | 5,614 | ||||||||||||
1 | Fix Number of Directors | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | Split | Mgmt | ||||||||||||
2.1 | Elect Director Rodger B. Dowdell, Jr. — Withhold | |||||||||||||||
2.2 | Elect Director Emanuel E. Landsman — Withhold | |||||||||||||||
2.3 | Elect Director Neil E. Rasmussen — Withhold | |||||||||||||||
2.4 | Elect Director Ervin F. Lyon — Withhold | |||||||||||||||
2.5 | Elect Director James D. Gerson — For | |||||||||||||||
2.6 | Elect Director John G. Kassakian — For | |||||||||||||||
2.7 | Elect Director John F. Keane, Sr. — For | |||||||||||||||
2.8 | Elect Director Ellen B. Richstone — For | |||||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | American Standard Companies, Inc. *ASD* | 029712106 | 03/10/04 | 4,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Amgen, Inc. *AMGN* | 031162100 | 03/19/04 | 78,908 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Frank J. Biondi, Jr. — For | |||||||||||||||
1.2 | Elect Director Jerry D. Choate — Withhold | |||||||||||||||
1.3 | Elect Director Frank C. Herringer — For | |||||||||||||||
1.4 | Elect Director Gilbert S. Omenn — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prepare Glass Ceiling Report | Against | Against | ShrHoldr | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
04/15/04 - A | AmSouth Bancorporation *ASO* | 032165102 | 02/17/04 | 22,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 7 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
6 | Political Contributions | Against | Against | ShrHoldr | ||||||||||||
05/06/04 -A | Anadarko Petroleum Corp. *APC* | 032511107 | 03/08/04 | 15,579 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Report on Greenhouse Gas Emissions | Against | For | ShrHoldr | ||||||||||||
03/09/04 - A | Analog Devices, Inc. *ADI* | 032654105 | 01/16/04 | 23,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
07/15/03 - S | Andrew Corp. *ANDW* | 034425108 | 05/27/03 | 785 | ||||||||||||
1 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||||||||
2 | Authorize New Class of Preferred Stock | For | For | Mgmt | ||||||||||||
3 | Approve Increase in Size of Board | For | For | Mgmt | ||||||||||||
4 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
02/10/04 - A | Andrew Corp. *ANDW* | 034425108 | 12/12/03 | 9,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Anheuser-Busch Companies, Inc. *BUD* | 035229103 | 03/01/04 | 51,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/21/04 - A | Aon Corp. *AOC* | 037389103 | 03/24/04 | 3,900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Patrick G. Ryan — For | |||||||||||||||
1.2 | Elect Director Edgar D. Jannotta — Withhold | |||||||||||||||
1.3 | Elect Director Jan Kalff — Withhold | |||||||||||||||
1.4 | Elect Director Lester B. Knight — For | |||||||||||||||
1.5 | Elect Director J. Michael Losh — For | |||||||||||||||
1.6 | Elect Director R. Eden Martin — For |
Mgmt Rec - Company Management Recommended Vote | Page 8 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.7 | Elect Director Andrew J. McKenna — For | |||||||||||||||
1.8 | Elect Director Robert S. Morrison — For | |||||||||||||||
1.9 | Elect Director Richard C. Notebaert — For | |||||||||||||||
1.10 | Elect Director Michael D. O’Halleran — For | |||||||||||||||
1.11 | Elect Director John W. Rogers, Jr. — For | |||||||||||||||
1.12 | Elect Director Gloria Santona — For | |||||||||||||||
1.13 | Elect Director Carolyn Y. Woo — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12/18/03 -S | Apache Corp. *APA* | 037411105 | 10/29/03 | 10,800 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
05/06/04 - A | Apache Corp. *APA* | 037411105 | 03/17/04 | 19,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Eugene C. Fiedorek — For | |||||||||||||||
1.2 | Elect Director Patricia Albjerg Graham — For | |||||||||||||||
1.3 | Elect Director F. H. Merelli — Withhold | |||||||||||||||
1.4 | Elect Director Raymond Plank — For | |||||||||||||||
2 | Report on Greenhouse Gas Emissions | Against | For | ShrHoldr | ||||||||||||
04/30/04 - A | Apartment Investment & Management Co. *AIV* | 03748R101 | 03/05/04 | 5,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Sale of Company Assets | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | For | ShrHoldr | ||||||||||||
04/22/04 - A | Apple Computer, Inc. *AAPL* | 037833100 | 02/24/04 | 1,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
10/16/03 - A | Applera Corp *ABI* | 038020103 | 08/27/03 | 14,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Richard H. Ayers — For | |||||||||||||||
1.2 | Elect Director Jean-Luc Belingard — For | |||||||||||||||
1.3 | Elect Director Robert H. Hayes — For | |||||||||||||||
1.4 | Elect Director Arnold J. Levine — Withhold |
Mgmt Rec - Company Management Recommended Vote | Page 9 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.5 | Elect Director William H. Longfield — For | |||||||||||||||
1.6 | Elect Director Theodore E. Martin — For | |||||||||||||||
1.7 | Elect Director Carolyn W. Slayman — For | |||||||||||||||
1.8 | Elect Director Orin R. Smith — For | |||||||||||||||
1.9 | Elect Director James R. Tobin — For | |||||||||||||||
1.10 | Elect Director Tony L. White — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/24/04 - A | Applied Materials, Inc. *AMAT* | 038222105 | 01/30/04 | 105,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
08/27/03 - A | Applied Micro Circuits Corp. *AMCC* | 03822W109 | 07/01/03 | 21,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director David M. Rickey — For | |||||||||||||||
1.2 | Elect Director Roger A. Smullen, Sr. — For | |||||||||||||||
1.3 | Elect Director Cesar Cesaratto — For | |||||||||||||||
1.4 | Elect Director Franklin P. Johnson, Jr. — For | |||||||||||||||
1.5 | Elect Director Kevin N. Kalkhoven — Withhold | |||||||||||||||
1.6 | Elect Director L. Wayne Price — For | |||||||||||||||
1.7 | Elect Director Douglas C. Spreng — For | |||||||||||||||
1.8 | Elect Director Arthur B. Stabenow — For | |||||||||||||||
1.9 | Elect Director Harvey P. White — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/06/03 - A | Archer-Daniels-Midland Company *ADM* | 039483102 | 09/12/03 | 43,749 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
01/29/04 - A | Ashland Inc. *ASH* | 044204105 | 11/24/03 | 4,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | AT&T Corp. *T* | 001957505 | 03/25/04 | 100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 10 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
7 | Report on Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | AT&T Wireless Services, Inc. *AWE* | 00209A106 | 03/22/04 | 165,855 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Require Affirmative Vote of a Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
06/17/04 - A | Autodesk, Inc. *ADSK* | 052769106 | 05/05/04 | 6,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | �� | Mgmt | |||||||||||
3 | Adopt Policy Regarding Equity-Based Compensation for Executives | Against | For | ShrHoldr | ||||||||||||
11/11/03 - A | Automatic Data Processing, Inc. *ADP* | 053015103 | 09/12/03 | 40,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Approve Outside Director Stock Awards in Lieu of Cash | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 - A | AutoNation, Inc. *AN* | 05329W102 | 03/26/04 | 10,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Mike Jackson — For | |||||||||||||||
1.2 | Elect Director Robert J. Brown — For | |||||||||||||||
1.3 | Elect Director J.P. Bryan — For | |||||||||||||||
1.4 | Elect Director Rick L. Burdick — Withhold | |||||||||||||||
1.5 | Elect Director William C. Crowley — For | |||||||||||||||
1.6 | Elect Director Alan S. Dawes — For | |||||||||||||||
1.7 | Elect Director Edward S. Lampert — For | |||||||||||||||
1.8 | Elect Director Irene B. Rosenfeld — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 11 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
12/11/03 -A | AutoZone, Inc. *AZO* | 053332102 | 10/14/03 | 6,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/26/04 -A | Avaya Inc *AV* | 053499109 | 12/31/03 | 26,831 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | Avon Products, Inc. *AVP* | 054303102 | 03/15/04 | 14,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Edward T. Fogarty — For | |||||||||||||||
1.2 | Elect Director Susan J. Kropf — For | �� | ||||||||||||||
1.3 | Elect Director Maria Elena Lagomasino — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Report on Feasibility of Removing Parabens from Company Products | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Feasibility of Removing Dibutyl Phthalate from Company Products | Against | Against | ShrHoldr | ||||||||||||
04/28/04 -A | Baker Hughes Incorporated *BHI* | 057224107 | 03/03/04 | 20,780 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
04/28/04 -A | Ball Corp. *BLL* | 058498106 | 03/01/04 | 3,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/17/04 - S | Bank of America Corp. *BAC* | 060505104 | 01/26/04 | 44,858 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
05/26/04 -A | Bank of America Corp. *BAC* | 060505104 | 04/07/04 | 123,771 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 12 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Change Date of Annual Meeting | Against | Against | ShrHoldr | ||||||||||||
4 | Adopt Nomination Procedures for the Board | Against | Against | ShrHoldr | ||||||||||||
5 | Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
6 | Establish Independent Committee to Review Mutual Fund Policy | Against | Against | ShrHoldr | ||||||||||||
7 | Adopt Standards Regarding Privacy and Information Security | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Bank One Corp. *ONE* | 06423A103 | 04/02/04 | 67,875 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Bausch & Lomb Inc. *BOL* | 071707103 | 03/01/04 | 3,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Baxter International Inc. *BAX* | 071813109 | 03/05/04 | 37,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
04/27/04 - A | BB&T Corporation *BBT* | 054937107 | 03/08/04 | 33,800 | ||||||||||||
1 | Amend Articles | For | For | Mgmt | ||||||||||||
2 | Amend Bylaws | For | Against | Mgmt | ||||||||||||
3 | Elect Directors | For | Split | Mgmt | ||||||||||||
3.1 | Elect Director John A. Allison Iv — For | |||||||||||||||
3.2 | Elect Director Ronald E. Deal — Withhold | |||||||||||||||
3.3 | Elect Director Tom D. Efird — For | |||||||||||||||
3.4 | Elect Director Albert O. Mccauley — For | |||||||||||||||
3.5 | Elect Director Barry J. Fitzpatrick — For | |||||||||||||||
3.6 | Elect Director J. Holmes Morrison — For | |||||||||||||||
3.7 | Elect Director Jennifer S. Banner — For | |||||||||||||||
3.8 | Elect Director Albert F. Zettlemoyer — Withhold | |||||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Review Executive Compensation Policy | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 13 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
02/11/04 - A | Becton, Dickinson and Company *BDX* | 075887109 | 12/15/03 | 16,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
04/26/04 - A | Bellsouth Corp. *BLS* | 079860102 | 03/08/04 | 114,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | Bemis Company, Inc. *BMS* | 081437105 | 03/12/04 | 6,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
06/24/04 - A | Best Buy Co., Inc. *BBY* | 086516101 | 04/26/04 | 19,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/18/04 - A | Big Lots Inc. *BLI* | 089302103 | 03/26/04 | 7,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
06/16/04 - A | BIOGEN IDEC INC *BIIB* | 09062X103 | 04/20/04 | 19,685 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/12/03 - S | Biogen, Inc. | 090597105 | 09/25/03 | 10,100 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
09/27/03 - A | Biomet, Inc. *BMET* | 090613100 | 08/07/03 | 17,825 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 14 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
01/22/04 - A | BJ Services Company *BJS* | 055482103 | 12/05/03 | 10,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
3 | Report on Foreign Operations Risk | Against | Against | ShrHoldr | ||||||||||||
08/21/03 - A | BMC Software, Inc. *BMC* | 055921100 | 07/03/03 | 16,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
12/09/03 - S | Boise Cascade Corp. *BCC* | 097383103 | 11/03/03 | 3,900 | ||||||||||||
1 | Approve Merger Agreement | For | Against | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
04/15/04 - A | Boise Cascade Corp. *BCC* | 097383103 | 02/23/04 | 5,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
10/06/03 - S | Boston Scientific Corp. *BSX* | 101137107 | 08/27/03 | 28,100 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
05/11/04 - A | Boston Scientific Corp. *BSX* | 101137107 | 03/19/04 | 50,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Bristol-Myers Squibb Co. *BMY* | 110122108 | 03/08/04 | 120,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
4 | Cease Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
6 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
7 | Require Affirmative Vote of a Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
04/29/04 - A | Broadcom Corp. *BRCM* | 111320107 | 03/05/04 | 18,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 15 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/08/04 - WC | Brown-Forman Corp. *BF.B* | 115637209 | 11/28/03 | 4,000 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
04/28/04 - A | Brunswick Corp. *BC* | 117043109 | 03/02/04 | 5,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | Burlington Northern Santa Fe Corp. *BNI* | 12189T104 | 02/27/04 | 23,052 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Alan L. Boeckmann — For | |||||||||||||||
1.2 | Elect Director Vilma S. Martinez — Withhold | |||||||||||||||
1.3 | Elect Director Marc F. Racicot — Withhold | |||||||||||||||
1.4 | Elect Director Roy S. Roberts — For | |||||||||||||||
1.5 | Elect Director Matthew K. Rose — For | |||||||||||||||
1.6 | Elect Director Marc J. Shapiro — For | |||||||||||||||
1.7 | Elect Director J.C. Watts, Jr. — For | |||||||||||||||
1.8 | Elect Director Robert H. West — For | |||||||||||||||
1.9 | Elect Director J. Steven Whisler — For | |||||||||||||||
1.10 | Elect Director Edward E. Whitacre, Jr. — For | |||||||||||||||
1.11 | Elect Director Michael B. Yanney — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | Burlington Resources Inc. *BR* | 122014103 | 02/23/04 | 12,382 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Barbara T. Alexander — For | |||||||||||||||
1.2 | Elect Director Reuben V. Anderson — For | |||||||||||||||
1.3 | Elect Director Laird I. Grant — For | |||||||||||||||
1.4 | Elect Director Robert J. Harding — For | |||||||||||||||
1.5 | Elect Director John T. LaMacchia — For | |||||||||||||||
1.6 | Elect Director Randy L. Limbacher — For | |||||||||||||||
1.7 | Elect Director James F. McDonald — For |
Mgmt Rec - Company Management Recommended Vote | Page 16 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
1.8 | Elect Director Kenneth W. Orce — Withhold | |||||||||||||||
1.9 | Elect Director Donald M. Roberts — For | |||||||||||||||
1.10 | Elect Director James A. Runde — For | |||||||||||||||
1.11 | Elect Director John F. Schwarz — For | |||||||||||||||
1.12 | Elect Director Walter Scott, Jr. — Withhold | |||||||||||||||
1.13 | Elect Director Bobby S. Shackouls — For | |||||||||||||||
1.14 | Elect Director Steven J. Shapiro — For | |||||||||||||||
1.15 | Elect Director William E. Wade, Jr. — For | |||||||||||||||
2 | Approve Increase in Common Stock and a Stock Split | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | C. R. Bard, Inc. *BCR* | 067383109 | 03/01/04 | 3,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Calpine Corp. *CPN* | 131347106 | 03/29/04 | 100 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Implement Indigenous Peoples Right Policy/ Cease Medicine Lake Development | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
7 | Include Voting Recommendations of Institutional Holders in Proxy Statement | Against | Against | ShrHoldr | ||||||||||||
8 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/21/03 - A | Campbell Soup Co. *CPB* | 134429109 | 09/23/03 | 27,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/29/04 - A | Capital One Financial Corp. *COF* | 14040H105 | 02/29/04 | 14,337 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 17 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
11/05/03 - A | Cardinal Health, Inc. *CAH* | 14149Y108 | 09/08/03 | 30,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Caremark Rx, Inc. *CMX* | 141705103 | 04/01/04 | 27,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Carnival Corp. *CCL* | 143658300 | 02/23/04 | 39,300 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | TO AUTHORIZE THE AUDIT COMMITTEE OF CARNIVAL PLC TO AGREE THE REMUNERATION OF THE INDEPENDENT AUDITORS. | For | For | Mgmt | ||||||||||||
4 | TO RECEIVE THE ACCOUNTS AND REPORTS FOR CARNIVAL PLC FOR THE FINANCIAL PERIOD ENDED NOVEMBER 30, 2003. | For | For | Mgmt | ||||||||||||
5 | TO APPROVE THE DIRECTORS REMUNERATION REPORT OF CARNIVAL PLC. | For | For | Mgmt | ||||||||||||
6 | TO APPROVE LIMITS ON THE AUTHORITY TO ALLOT SHARES BY CARNIVAL PLC. | For | For | Mgmt | ||||||||||||
7 | TO APPROVE THE DISAPPLICATION OF PRE-EMPTION RIGHTS FOR CARNIVAL PLC SHARES. | For | For | Mgmt | ||||||||||||
04/14/04 - A | Caterpillar Inc. *CAT* | 149123101 | 02/17/04 | 21,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Report on Equipment Sales to Israel | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Operational Imact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Cendant Corporation *CD* | 151313103 | 02/23/04 | 63,133 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 18 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/03/04 - A | CENTERPOINT ENERGY INC *CNP* | 15189T107 | 04/05/04 | 7,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Other Business | For | Against | Mgmt | ||||||||||||
07/17/03 - A | Centex Corp. *CTX* | 152312104 | 05/29/03 | 4,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/25/04 - S | Centex Corp. *CTX* | 152312104 | 01/23/04 | 4,000 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
2 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
3 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
05/06/04 - A | CenturyTel, Inc. *CTL* | 156700106 | 03/08/04 | 8,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | ChevronTexaco Corp. *CVX* | 166764100 | 03/01/04 | 66,736 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Adopt Shareholder Rights Plan (Poison Pill) Policy | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Require Affirmative Vote of a Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Health and Environmental Initiatives in Ecuador | Against | Against | ShrHoldr | ||||||||||||
9 | Report on Renewable Energy | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Chiron Corp. *CHIR* | 170040109 | 03/29/04 | 11,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 19 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
03/10/04 - A | CIENA Corporation *CIEN* | 171779101 | 01/20/04 | 3,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/28/04 - A | CIGNA Corp. *CI* | 125509109 | 03/01/04 | 8,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/24/04 - A | Cincinnati Financial Corp. *CINF* | 172062101 | 02/27/04 | 10,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Michael Brown — For | |||||||||||||||
1.2 | Elect Director Dirk J. Debbink — For | |||||||||||||||
1.3 | Elect Director Robert C. Schiff — Withhold | |||||||||||||||
1.4 | Elect Director John M. Shepherd — Withhold | |||||||||||||||
1.5 | Elect Director Douglas S. Skidmore — For | |||||||||||||||
2 | Ratify Auditors | For | Against | Mgmt | ||||||||||||
05/04/04 - A | Cinergy Corp. *CIN* | 172474108 | 03/05/04 | 1,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/14/03 - A | Cintas Corp. *CTAS* | 172908105 | 08/18/03 | 4,800 | ||||||||||||
1 | Fix Number of Directors | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | Split | Mgmt | ||||||||||||
2.1 | Elect Director Richard T. Farmer — Withhold | |||||||||||||||
2.2 | Elect Director Robert J. Kohlhepp — For | |||||||||||||||
2.3 | Elect Director Scott D. Farmer — For | |||||||||||||||
2.4 | Elect Director Paul R. Carter — Withhold | |||||||||||||||
2.5 | Elect Director Gerald V. Dirvin — Withhold | |||||||||||||||
2.6 | Elect Director Robert J. Herbold — Withhold | |||||||||||||||
2.7 | Elect Director Roger L. Howe — Withhold | |||||||||||||||
2.8 | Elect Director David C. Phillips — Withhold | |||||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Establish a Nominating Committee of Independent Directors | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 20 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
7 | Report on Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
06/15/04 - A | Circuit City Stores, Inc. *CC* | 172737108 | 04/21/04 | 12,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/11/03 - A | Cisco Systems, Inc. *CSCO* | 17275R102 | 09/12/03 | 477,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Report on Company Products Used by the Government to Monitor the Internet | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Citigroup Inc. *C* | 172967101 | 02/27/04 | 320,740 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Citrix Systems, Inc. *CTXS* | 177376100 | 03/15/04 | 10,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
04/28/04 - A | Clear Channel Communications, Inc. *CCU* | 184502102 | 03/08/04 | 38,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Alan D. Feld — Withhold | |||||||||||||||
1.2 | Elect Director Thomas O. Hicks — For | |||||||||||||||
1.3 | Elect Director Perry J. Lewis — For | |||||||||||||||
1.4 | Elect Director L. Lowry Mays — For | |||||||||||||||
1.5 | Elect Director Mark P. Mays — For | |||||||||||||||
1.6 | Elect Director Randall T. Mays — For | |||||||||||||||
1.7 | Elect Director B.J. Mccombs — For |
Mgmt Rec - Company Management Recommended Vote | Page 21 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.8 | Elect Director Phyllis B. Riggins — For | |||||||||||||||
1.9 | Elect Director Theordore H. Strauss — For | |||||||||||||||
1.10 | Elect Director J.C. Watts — For | |||||||||||||||
1.11 | Elect Director John H. Williams — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/28/04 - A | CMS Energy Corp. *CMS* | 125896100 | 04/02/04 | 361 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Merribel S. Ayres — For | |||||||||||||||
1.2 | Elect Director Earl D. Holton — For | |||||||||||||||
1.3 | Elect Director David W. Joos — For | |||||||||||||||
1.4 | Elect Director Michael T. Monahan — For | |||||||||||||||
1.5 | Elect Director Joseph F. Paquette, Jr. — Withhold | |||||||||||||||
1.6 | Elect Director William U. Parfet — For | |||||||||||||||
1.7 | Elect Director Percy A. Pierre — For | |||||||||||||||
1.8 | Elect Director S. Kinnie Smith, Jr. — For | |||||||||||||||
1.9 | Elect Director Kenneth L. Way — For | |||||||||||||||
1.10 | Elect Director Kenneth Whipple — For | |||||||||||||||
1.11 | Elect Director John B. Yasinsky — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Bundled Compensation Plans | For | For | Mgmt | ||||||||||||
5 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
04/30/04 - A | Coca-Cola Enterprises Inc. *CCE* | 191219104 | 03/04/04 | 28,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
5 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
6 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
7 | Ratify Auditors | For | For | Mgmt | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Report on Recycling Policy | Against | Against | ShrHoldr | ||||||||||||
05/07/04 - A | Colgate-Palmolive Co. *CL* | 194162103 | 03/09/04 | 33,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 22 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
05/26/04 - A | Comcast Corp. *CMCSA* | 20030N101 | 03/15/04 | 138,478 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Articles/Bylaws/Charter-Non-Routine | For | For | Mgmt | ||||||||||||
5 | Require Two-Thirds Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
6 | Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Nominate Two Directors for every open Directorships | Against | Against | ShrHoldr | ||||||||||||
8 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
9 | Adopt a Recapitalization Plan | Against | For | ShrHoldr | ||||||||||||
05/18/04 - A | Comerica Inc. *CMA* | 200340107 | 03/22/04 | 10,750 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/11/03 - A | Computer Sciences Corporation *CSC* | 205363104 | 06/13/03 | 505 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
06/15/04 - A | Comverse Technology, Inc. *CMVT* | 205862402 | 04/27/04 | 11,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/25/03 - A | Conagra Foods Inc. *CAG* | 205887102 | 07/31/03 | 37,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
5 | Modify Current and Future Stock Option Plans | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 23 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
02/26/04 - S | Concord EFS, Inc. | 206197105 | 01/16/04 | 29,700 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
05/05/04 - A | ConocoPhillips *COP* | 20825C104 | 03/10/04 | 42,095 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Drilling in the Arctic National Wildlife Refuge | Against | Against | ShrHoldr | ||||||||||||
05/17/04 - A | Consolidated Edison, Inc. *ED* | 209115104 | 03/29/04 | 13,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Increase Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | Constellation Energy Group, Inc. *CEG* | 210371100 | 03/19/04 | 10,250 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Convergys Corp. *CVG* | 212485106 | 03/01/04 | 8,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | COOPER INDUSTRIES LTD *CBE* | G24182100 | 03/01/04 | 5,800 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | APPROVE THE AMENDED AND RESTATED STOCK INCENTIVE PLAN. | For | For | Mgmt | ||||||||||||
4 | SHAREHOLDER PROPOSAL RELATING TO SOCIAL AND ENVIRONMENTAL ISSUES RELATED TO SUSTAINABILITY. | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 24 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/ Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5 | SHAREHOLDER PROPOSAL RELATING TO EXECUTIVE EQUITY COMPENSATION PLANS. | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Cooper Tire & Rubber Co. *CTB* | 216831107 | 03/09/04 | 4,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | Against | For | ShrHoldr | ||||||||||||
10/03/03 - S | Coors (Adolph) Company *RKY* | 217016104 | 08/25/03 | 2,500 | ||||||||||||
1 | Change State of Incorporation from Colorado to Delaware | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
04/29/04 - A | Corning Inc. *GLW* | 219350105 | 03/01/04 | 83,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
01/29/04 - A | Costco Wholesale Corporation *COST* | 22160K105 | 12/05/03 | 29,912 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
2 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
3 | Develop Land Procurement Policy | Against | Against | ShrHoldr | ||||||||||||
Management Proposal | ||||||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/09/04 - S | Countrywide Financial Corp. *CFC* | 222372104 | 11/28/03 | 9,000 | ||||||||||||
1 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
06/16/04 - A | Countrywide Financial Corp. *CFC* | 222372104 | 04/19/04 | 16,599 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/26/04 - A | Crane Co. *CR* | 224399105 | 02/27/04 | 3,650 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 25 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Implement MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
05/05/04 -A | CSX Corp. *CSX* | 126408103 | 03/05/04 | 13,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Limit Awards to Executives | Against | For | ShrHoldr | ||||||||||||
04/06/04 -A | Cummins, Inc. *CMI* | 231021106 | 02/16/04 | 2,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/12/04 -A | CVS Corporation *CVS* | 126650100 | 03/15/04 | 24,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/19/04 -A | Dana Corp. *DCN* | 235811106 | 03/01/04 | 9,309 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 -A | Danaher Corp. *DHR* | 235851102 | 03/10/04 | 9,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Develop Charter Language on Board Diversity | Against | Against | ShrHoldr | ||||||||||||
09/25/03 -A | Darden Restaurants, Inc. *DRI* | 237194105 | 07/28/03 | 11,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 26 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
02/25/04 - A | Deere & Co. *DE* | 244199105 | 12/31/03 | 15,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
07/18/03 - A | Dell Inc. *DELL* | 247025109 | 05/23/03 | 184,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Change Company Name | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/06/04 - A | Delphi Corp. *DPH* | 247126105 | 03/08/04 | 34,628 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
7 | Amend Workplace Code of Conduct | Against | For | ShrHoldr | ||||||||||||
04/23/04 - A | Delta Air Lines, Inc. *DAL* | 247361108 | 03/01/04 | 743 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Restore or Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
4 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Submit Executive Pension Benefit To Vote | Against | For | ShrHoldr | ||||||||||||
6 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Deluxe Corp. *DLX* | 248019101 | 03/08/04 | 500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
06/08/04 - A | Devon Energy Corp. *DVN* | 25179M103 | 04/09/04 | 14,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 27 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/15/04 - A | Dillard’s, Inc. *DDS* | 254067101 | 03/31/04 | 5,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Implement ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
05/25/04 - A | Dollar General Corp. *DG* | 256669102 | 03/22/04 | 17,109 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/23/04 - A | Dominion Resources, Inc. *D* | 25746U109 | 02/27/04 | 20,150 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Dover Corp. *DOV* | 260003108 | 02/27/04 | 12,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director David H. Benson — For | |||||||||||||||
1.2 | Elect Director Jean-Pierre M. Ergas — For | |||||||||||||||
1.3 | Elect Director Kristiane C. Graham — For | |||||||||||||||
1.4 | Elect Director Ronald L. Hoffman — For | |||||||||||||||
1.5 | Elect Director James L. Koley — For | |||||||||||||||
1.6 | Elect Director Richard K. Lochridge — For | |||||||||||||||
1.7 | Elect Director Thomas L. Reece — For | |||||||||||||||
1.8 | Elect Director Bernard G. Rethore — For | |||||||||||||||
1.9 | Elect Director Gary L. Roubos — Withhold | |||||||||||||||
1.10 | Elect Director Michael B. Stubbs — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
04/21/04 - A | Dow Jones & Co., Inc. *DJ* | 260561105 | 02/27/04 | 5,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Irvine O. Hockaday, Jr. — For | |||||||||||||||
1.2 | Elect Director Vernon E. Jordan, Jr. — Withhold | |||||||||||||||
1.3 | Elect Director Lewis B. Campbell — For | |||||||||||||||
1.4 | Elect Director Dieter von Holtzbrinck — Withhold | |||||||||||||||
1.5 | Elect Director Elizabeth Steele — For | |||||||||||||||
2 | Ratify Auditors | For | Against | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 28 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
04/29/04 - A | DTE Energy Co. *DTE* | 233331107 | 03/01/04 | 10,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Duke Energy Corp. *DUK* | 264399106 | 03/15/04 | 400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Paul M. Anderson — For | |||||||||||||||
1.2 | Elect Director Ann M. Gray — For | |||||||||||||||
1.3 | Elect Director Michael E.J. Phelps — Withhold | |||||||||||||||
1.4 | Elect Director James T. Rhodes — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
05/20/04 - A | Dynegy, Inc. *DYN* | 26816Q101 | 03/31/04 | 22,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Conversion of Securities | For | For | Mgmt | ||||||||||||
3 | Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
6 | Develop Equity Compensation Plans and Utilize Time-Based & Restricted Share Programs in Lieu of Stock Options | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | E.I. Du Pont De Nemours & Co. *DD* | 263534109 | 03/09/04 | 61,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Executive Ties to Government | Against | Against | ShrHoldr | ||||||||||||
4 | Adopt and Report on a Code of Corporate Conduct | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | Eastman Chemical Co. *EMN* | 277432100 | 03/15/04 | 4,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 29 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/ | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/12/04 - A | Eastman Kodak Co. *EK* | 277461109 | 03/15/04 | 7,547 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Adopt Chemical Policy | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Eaton Corp. *ETN* | 278058102 | 03/01/04 | 9,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/24/04 - A | eBay Inc. *EBAY* | 278642103 | 04/26/04 | 38,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | Against | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/07/04 - A | Ecolab, Inc. *ECL* | 278865100 | 03/16/04 | 15,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Edison International *EIX* | 281020107 | 03/22/04 | 19,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
07/31/03 - A | Electronic Arts, Inc. *ERTS* | 285512109 | 06/04/03 | 10,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/25/04 - A | Electronic Data Systems Corp. *EDS* | 285661104 | 03/29/04 | 4,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | �� | For | Mgmt | |||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 30 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
04/19/04 - A | Eli Lilly and Co. *LLY* | 532457108 | 02/13/04 | 70,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | EMC Corp. *EMC* | 268648102 | 03/08/04 | 148,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
02/03/04 - A | Emerson Electric Co. *EMR* | 291011104 | 11/24/03 | 27,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | Engelhard Corp. *EC* | 292845104 | 03/15/04 | 7,650 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/14/04 - A | Entergy Corp. *ETR* | 29364G103 | 03/17/04 | 14,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
4 | Restore or Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | EOG Resources, Inc. *EOG* | 26875P101 | 03/08/04 | 7,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
04/28/04 - A | Equifax Inc. *EFX* | 294429105 | 02/18/04 | 100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 31 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/19/04 - A | Equity Office Properties Trust *EOP* | 294741103 | 03/12/04 | 24,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/28/04 - A | Equity Residential *EQR* | 29476L107 | 03/29/04 | 16,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Articles/Bylaws/Charter to Remove Antitakeover Provision(s) | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Exelon Corp. *EXC* | 30161N101 | 03/01/04 | 20,450 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/26/04 - A | Express Scripts, Inc. *ESRX* | 302182100 | 03/31/04 | 900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gary G. Benanav — For | |||||||||||||||
1.2 | Elect Director Frank J. Borelli — For | |||||||||||||||
1.3 | Elect Director Nicholas J. LaHowchic — For | |||||||||||||||
1.4 | Elect Director Thomas P. Mac Mahon — Withhold | |||||||||||||||
1.5 | Elect Director John O. Parker, Jr. — For | |||||||||||||||
1.6 | Elect Director George Paz — For | |||||||||||||||
1.7 | Elect Director Samuel K. Skinner — For | |||||||||||||||
1.8 | Elect Director Seymour Sternberg — For | |||||||||||||||
1.9 | Elect Director Barrett A. Toan — For | |||||||||||||||
1.10 | Elect Director Howard L. Waltman — For | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Exxon Mobil Corp. *XOM* | 30231G102 | 04/05/04 | 397,260 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Affirm Political Nonpartisanship | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 32 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
6 | Report on Equatorial Guinea | Against | Against | ShrHoldr | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
8 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
9 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
10 | Amend EEO Statement to Include Reference to Sexual Orientation | Against | For | ShrHoldr | ||||||||||||
11 | Report on Climate Change Research | Against | Against | ShrHoldr | ||||||||||||
01/15/04 - A | Family Dollar Stores, Inc. *FDO* | 307000109 | 11/24/03 | 11,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/25/04 - A | Fannie Mae *FNM* | 313586109 | 04/06/04 | 58,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
05/21/04 - A | Federated Department Stores, Inc. *FD* | 31410H101 | 04/02/04 | 11,000 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
09/29/03 - A | FedEx Corporation *FDX* | 31428X106 | 08/04/03 | 20,700 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director August A. Busch IV — For | |||||||||||||||
1.2 | Elect Director John A. Edwardson — For | |||||||||||||||
1.3 | Elect Director George J. Mitchell — Withhold | |||||||||||||||
1.4 | Elect Director Joshua I. Smith — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
03/23/04 - A | Fifth Third Bancorp *FITB* | 316773100 | 01/30/04 | 36,005 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 33 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Adopt Sexual Orientation Non-Discrimination Policy | None | For | ShrHoldr | ||||||||||||
05/19/04 - A | First Data Corp. *FDC* | 319963104 | 03/22/04 | 54,949 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | FirstEnergy Corporation *FE* | 337932107 | 03/23/04 | 20,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||||||||
5 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
6 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
7 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
8 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
10 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/06/04 - A | Fiserv, Inc. *FISV* | 337738108 | 02/13/04 | 12,250 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
03/17/04 - S | FleetBoston Financial Corp. | 339030108 | 01/26/04 | 67,352 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
04/28/04 - A | Fluor Corp. *FLR* | 343412102 | 03/03/04 | 5,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James T. Hackett — Withhold | |||||||||||||||
1.2 | Elect Director Kent Kresa — For | |||||||||||||||
1.3 | Elect Director Robin W. Renwick — Withhold | |||||||||||||||
1.4 | Elect Director Martha R. Seger — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Restricted Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 34 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/13/04 - A | Ford Motor Company *F* | 345370860 | 03/17/04 | 109,195 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John R. H. Bond — Withhold | |||||||||||||||
1.2 | Elect Director Stephen G. Butler — For | |||||||||||||||
1.3 | Elect Director Kimberly A. Casiano — For | |||||||||||||||
1.4 | Elect Director Edsel B. Ford II — For | |||||||||||||||
1.5 | Elect Director William Clay Ford — For | |||||||||||||||
1.6 | Elect Director William Clay Ford, Jr. — For | |||||||||||||||
1.7 | Elect Director Irvine O. Hockaday, Jr. — For | |||||||||||||||
1.8 | Elect Director Marie-Josee Kravis — For | |||||||||||||||
1.9 | Elect Director Richard A. Manoogian — For | |||||||||||||||
1.10 | Elect Director Ellen R. Marram — For | |||||||||||||||
1.11 | Elect Director Homer A. Neal — For | |||||||||||||||
1.12 | Elect Director Jorma Ollila — For | |||||||||||||||
1.13 | Elect Director Carl E. Reichardt — For | |||||||||||||||
1.14 | Elect Director Robert E. Rubin — Withhold | |||||||||||||||
1.15 | Elect Director Nicholas V. Scheele — For | |||||||||||||||
1.16 | Elect Director John L. Thornton — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Establish Other Board Committee | Against | For | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Amend By Laws Relating to Board Independence | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Greenhouse Gas Emissions | Against | Against | ShrHoldr | ||||||||||||
08/11/03 - A | Forest Laboratories, Inc. *FRX* | 345838106 | 06/20/03 | 25,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Howard Solomon — Withhold | |||||||||||||||
1.2 | Elect Director William J. Candee, III — For | |||||||||||||||
1.3 | Elect Director George S. Cohan — For | |||||||||||||||
1.4 | Elect Director Dan L. Goldwasser — For | |||||||||||||||
1.5 | Elect Director Lester B. Salans, M.D. — For | |||||||||||||||
1.6 | Elect Director Kenneth E. Goodman — Withhold |
Mgmt Rec - Company Management Recommended Vote | Page 35 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
1.7 | Elect Director Phillip M. Satow — Withhold | |||||||||||||||
2 | Increase Authorized Common Stock | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Fortune Brands, Inc. *FO* | 349631101 | 02/27/04 | 9,100 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/21/04 - A | FPL Group, Inc. *FPL* | 302571104 | 03/16/04 | 11,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
6 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
01/29/04 - A | Franklin Resources, Inc. *BEN* | 354613101 | 12/01/03 | 16,530 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
03/31/04 - A | Freddie Mac *FRE* | 313400301 | 02/20/04 | 43,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | Freeport-McMoRan Copper & Gold Inc. *FCX* | 35671D857 | 03/12/04 | 11,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert J. Allison, Jr. — For | |||||||||||||||
1.2 | Elect Director R. Leigh Clifford — Withhold | |||||||||||||||
1.3 | Elect Director James R. Moffett — For | |||||||||||||||
1.4 | Elect Director B. M. Rankin, Jr. — For | |||||||||||||||
1.5 | Elect Director J. Taylor Wharton — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 36 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Halt Payments to Indonesian Military | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Gannett Co., Inc. *GCI* | 364730101 | 03/05/04 | 16,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/20/04 - A | Gateway Inc *GTW* | 367626108 | 03/25/04 | 22,860 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Douglas L. Lacey — For | |||||||||||||||
1.2 | Elect Director Wayne R. Inouye — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
4 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||||||||
5 | Board Diversity | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | General Dynamics Corp. *GD* | 369550108 | 03/12/04 | 12,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
4 | Report on Foreign Military Sales | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | General Electric Co. *GE* | 369604103 | 03/01/04 | 627,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James I. Cash, Jr. — For | |||||||||||||||
1.2 | Elect Director Dennis D. Dammerman — For | |||||||||||||||
1.3 | Elect Director Ann M. Fudge — For | |||||||||||||||
1.4 | Elect Director Claudio X. Gonzalez — Withhold | |||||||||||||||
1.5 | Elect Director Jeffrey R. Immelt — For | |||||||||||||||
1.6 | Elect Director Andrea Jung — For | |||||||||||||||
1.7 | Elect Director Alan G. Lafley — For | |||||||||||||||
1.8 | Elect Director Kenneth G. Langone — For | |||||||||||||||
1.9 | Elect Director Ralph S. Larsen — For | |||||||||||||||
1.10 | Elect Director Rochelle B. Lazarus — For | |||||||||||||||
1.11 | Elect Director Sam Nunn — For | |||||||||||||||
1.12 | Elect Director Roger S. Penske — For |
Mgmt Rec - Company Management Recommended Vote | Page 37 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.13 | Elect Director Robert J. Swieringa — For | |||||||||||||||
1.14 | Elect Director Douglas A. Warner III — For | |||||||||||||||
1.15 | Elect Director Robert C. Wright — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
5 | Eliminate Animal Testing | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Nuclear Fuel Storage Risks | Against | Against | ShrHoldr | ||||||||||||
7 | Report on PCB Clean-up | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
9 | Prepare Sustainability Report | Against | Against | ShrHoldr | ||||||||||||
10 | Limit Composition of Management Development and Compensation Committee to Independent Directors | Against | Against | ShrHoldr | ||||||||||||
11 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
12 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
13 | Limit Board Service for Other Companies | Against | For | ShrHoldr | ||||||||||||
14 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
15 | Hire Advisor/Maximize Shareholder Value | Against | Against | ShrHoldr | ||||||||||||
16 | Adopt a Retention Ratio for Executives and Directors | Against | Against | ShrHoldr | ||||||||||||
17 | Require 70% to 80% Independent Board | Against | Against | ShrHoldr | ||||||||||||
18 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
09/22/03 - A | General Mills, Inc. *GIS* | 370334104 | 07/24/03 | 25,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
10/03/03 - WC | General Motors Corp. *GM* | 370442105 | 08/01/03 | 1,300 | ||||||||||||
1 | Amend Articles | For | For | Mgmt | ||||||||||||
2 | Amend Articles | For | For | Mgmt | ||||||||||||
3 | Approve Hughes Split-Off | For | For | Mgmt | ||||||||||||
4 | Approve GM/News Stock Sale | For | For | Mgmt | ||||||||||||
5 | Approve News Stock Acquisition | For | For | Mgmt | ||||||||||||
6 | Amend Articles | For | For | Mgmt | ||||||||||||
06/02/04 - A | General Motors Corp. *GM* | 370442105 | 04/05/04 | 15,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prohibit Awards to Executives | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 38 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Composition of Committees to Independent Directors | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Greenhouse Gas Emissions | Against | Against | ShrHoldr | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Establish Executive and Director Stock Ownership Guidelines | Against | Against | ShrHoldr | ||||||||||||
04/19/04 - A | Genuine Parts Co. *GPC* | 372460105 | 02/12/04 | 11,050 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Company-Specific — Shareholder Miscellaneous | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | Genzyme Corp. *GENZ* | 372917104 | 03/31/04 | 13,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
5 | Increase Authorized Preferred Stock | For | Against | Mgmt | ||||||||||||
6 | Ratify Auditors | For | For | Mgmt | ||||||||||||
7 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Georgia-Pacific Corp. *GP* | 373298108 | 03/10/04 | 15,702 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Barbara L. Bowles — Withhold | |||||||||||||||
1.2 | Elect Director Donald V. Fites — Withhold | |||||||||||||||
1.3 | Elect Director David R. Goode — Withhold | |||||||||||||||
1.4 | Elect Director Karen N. Horn — For | |||||||||||||||
1.5 | Elect Director William R. Johnson — For | |||||||||||||||
1.6 | Elect Director James B. Williams — Withhold | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 39 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/27/04 - A | Golden West Financial Corp. *GDW* | 381317106 | 03/01/04 | 9,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Goodrich Corporation *GR* | 382388106 | 03/08/04 | 7,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | Guidant Corp. *GDT* | 401698105 | 03/11/04 | 19,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
09/10/03 - A | H&R Block, Inc. *HRB* | 093671105 | 07/08/03 | 12,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/12/03 - A | H. J. Heinz Co. *HNZ* | 423074103 | 07/18/03 | 24,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/19/04 - A | Halliburton Co. *HAL* | 406216101 | 03/22/04 | 26,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Review/Report on Operations in Iran | Against | Against | ShrHoldr | ||||||||||||
4 | Require Affirmative Vote of a Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
04/29/04 - A | Harrah’s Entertainment, Inc. *HET* | 413619107 | 03/01/04 | 7,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 40 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/20/04 - A | Hasbro, Inc. *HAS* | 418056107 | 03/31/04 | 10,550 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Implement and Monitor Code of Corporate Conduct - ILO Standards | Against | Against | ShrHoldr | ||||||||||||
05/27/04 - A | HCA, Inc. *HCA* | 404119109 | 04/01/04 | 30,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Management Stock Purchase Plan | For | For | Mgmt | ||||||||||||
02/17/04 - A | Health Management Associates, Inc. *HMA* | 421933102 | 12/19/03 | 14,969 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
07/25/03 - PC | Hercules Inc. *HPC* | 427056106 | 06/06/03 | 7,700 | ||||||||||||
Dissident Proxy (WHITE CARD) | ||||||||||||||||
1 | Elect Directors (Opposition Slate) | For | DoNotVote | Mgmt | ||||||||||||
2 | Ratify Auditors | None | DoNotVote | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | Against | DoNotVote | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Redemption of the company’s Rights Agreement | For | DoNotVote | ShrHoldr | ||||||||||||
5 | Amend Articles to reinstate the rights of the shareholders — Call Special Meetings and Act by Written Consent | For | DoNotVote | ShrHoldr | ||||||||||||
Management Proxy (GOLD CARD) | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Redemption of the company’s Rights Agreement | Against | For | ShrHoldr | ||||||||||||
5 | Amend Articles to reinstate the rights of the shareholders — Call Special Meetings and Act by Written Consent | Against | For | ShrHoldr | ||||||||||||
05/12/04 - A | Hercules Inc. *HPC* | 427056106 | 03/22/04 | 6,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Articles to Elect Directors by Plurality Vote | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 41 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Amend Articles to Provide Shareholders with Right to Act by Written Consent and Call Special Meetings | For | For | Mgmt | ||||||||||||
04/28/04 - A | Hershey Foods Corp. *HSY* | 427866108 | 03/01/04 | 8,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/17/04 - A | Hewlett-Packard Co. *HPQ* | 428236103 | 01/20/04 | 195,298 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director L.T. Babbio, Jr. — For | |||||||||||||||
1.2 | Elect Director P.C. Dunn — For | |||||||||||||||
1.3 | Elect Director C.S. Fiorina — For | |||||||||||||||
1.4 | Elect Director R.A. Hackborn — For | |||||||||||||||
1.5 | Elect Director G.A. Keyworth II — For | |||||||||||||||
1.6 | Elect Director R.E. Knowling, Jr. — For | |||||||||||||||
1.7 | Elect Director S.M. Litvack — Withhold | |||||||||||||||
1.8 | Elect Director R.L. Ryan — For | |||||||||||||||
1.9 | Elect Director L.S. Salhany — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/27/04 - A | Hilton Hotels Corp. *HLT* | 432848109 | 03/29/04 | 23,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
6 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
05/27/04 - A | Home Depot, Inc. (The) *HD* | 437076102 | 03/29/04 | 138,697 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gregory D. Brenneman — For | |||||||||||||||
1.2 | Elect Director Richard H. Brown — For | |||||||||||||||
1.3 | Elect Director John L. Clendenin — For | |||||||||||||||
1.4 | Elect Director Berry R. Cox — For | |||||||||||||||
1.5 | Elect Director Claudio X. Gonzalez — Withhold | |||||||||||||||
1.6 | Elect Director Milledge A. Hart, III — For | |||||||||||||||
1.7 | Elect Director Bonnie G. Hill — For |
Mgmt Rec - Company Management Recommended Vote | Page 42 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.8 | Elect Director Kenneth G. Langone — For | |||||||||||||||
1.9 | Elect Director Robert L. Nardelli — For | |||||||||||||||
1.10 | Elect Director Roger S. Penske — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Performance— Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
6 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
8 | Require Affirmative Vote of the Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
04/26/04 - A | Honeywell International, Inc. *HON* | 438516106 | 02/27/04 | 53,575 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James J. Howard — Withhold | |||||||||||||||
1.2 | Elect Director Bruce Karatz — Withhold | |||||||||||||||
1.3 | Elect Director Russell E. Palmer — Withhold | |||||||||||||||
1.4 | Elect Director Ivan G. Seidenberg — Withhold | |||||||||||||||
1.5 | Elect Director Eric K. Shinseki — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
5 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
7 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
04/22/04 - A | Humana Inc. *HUM* | 444859102 | 03/01/04 | 10,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Huntington Bancshares Inc. *HBAN* | 446150104 | 02/20/04 | 14,249 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 43 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/07/04 - A | Illinois Tool Works Inc. *ITW* | 452308109 | 03/09/04 | 19,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/07/04 - A | IMS Health Inc. *RX* | 449934108 | 03/05/04 | 14,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
06/02/04 - A | Ingersoll-Rand Company Limited *IR* | G4776G101 | 04/02/04 | 10,600 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | ADOPTION OF AMENDED AND RESTATED INCENTIVE STOCK PLAN OF 1998. | For | For | Mgmt | ||||||||||||
3 | APPROVAL OF AMENDED AND RESTATED BYE-LAWS. | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | SHAREHOLDER PROPOSAL TO DECLASSIFY THE BOARD OF DIRECTORS. | Against | For | ShrHoldr | ||||||||||||
6 | SHAREHOLDER PROPOSAL TO CHANGE THE COMPANY S JURISDICTION OF INCORPORATION. | Against | Against | ShrHoldr | ||||||||||||
7 | SHAREHOLDER PROPOSAL TO REQUIRE THE SEPARATION OF THE CHIEF EXECUTIVE OFFICER AND THE CHAIR OF THE BOARD. | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | Intel Corp. *INTC* | 458140100 | 03/22/04 | 399,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Craig R. Barrett — For | |||||||||||||||
1.2 | Elect Director Charlene Barshefsky — For | |||||||||||||||
1.3 | Elect Director E. John P. Browne — For | |||||||||||||||
1.4 | Elect Director Andrew S. Grove — For | |||||||||||||||
1.5 | Elect Director D. James Guzy — Withhold | |||||||||||||||
1.6 | Elect Director Reed E. Hundt — For | |||||||||||||||
1.7 | Elect Director Paul S. Otellini — For | |||||||||||||||
1.8 | Elect Director David S. Pottruck — For | |||||||||||||||
1.9 | Elect Director Jane E. Shaw — For | |||||||||||||||
1.10 | Elect Director John L. Thornton — For |
Mgmt Rec - Company Management Recommended Vote | Page 44 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.11 | Elect Director David B. Yoffie — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Limit/Prohibit Awards to Executives | Against | For | ShrHoldr | ||||||||||||
6 | Performance- Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
04/27/04 - A | International Business Machines Corp. *IBM* | 459200101 | 02/27/04 | 107,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors for the Company’s Business Consulting Services Unit | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
6 | Amend Pension and Retirement Medical Insurance Plans | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
8 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
9 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
10 | China Principles | Against | Against | ShrHoldr | ||||||||||||
11 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
12 | Report on Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/11/04 - A | International Flavors & Fragrances Inc. *IFF* | 459506101 | 03/23/04 | 5,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
03/02/04 - A | International Game Technology *IGT* | 459902102 | 01/02/04 | 22,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director G. Thomas Baker — For | |||||||||||||||
1.2 | Elect Director Neil Barsky — For | |||||||||||||||
1.3 | Elect Director Robert A. Bittman — For | |||||||||||||||
1.4 | Elect Director Richard R. Burt — For | |||||||||||||||
1.5 | Elect Director Leslie S. Heisz — For | |||||||||||||||
1.6 | Elect Director Robert A. Mathewson — For | |||||||||||||||
1.7 | Elect Director Thomas J. Matthews — For | |||||||||||||||
1.8 | Elect Director Robert Miller — Withhold | |||||||||||||||
1.9 | Elect Director Frederick B. Rentschler — For |
Mgmt Rec - Company Management Recommended Vote | Page 45 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | International Paper Co. *IP* | 460146103 | 03/17/04 | 29,340 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Martha F. Brooks — For | |||||||||||||||
1.2 | Elect Director James A. Henderson — For | |||||||||||||||
1.3 | Elect Director Robert D. Kennedy — For | |||||||||||||||
1.4 | Elect Director W. Craig McClelland — Withhold | |||||||||||||||
1.5 | Elect Director Robert M. Amen — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
10/30/03 - A | Intuit, Inc. *INTU* | 461202103 | 09/02/03 | 14,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/11/04 - A | ITT Industries, Inc. *ITT* | 450911102 | 03/19/04 | 5,700 | ||||||||||||
1 | Ratify Auditors | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
05/14/04 - A | J. C. Penney Co., Inc (HLDG CO) *JCP* | 708160106 | 03/15/04 | 16,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Colleen C. Barrett — For | |||||||||||||||
1.2 | Elect Director M.Anthony Burns — Withhold | |||||||||||||||
1.3 | Elect Director Maxine K. Clark — For | |||||||||||||||
1.4 | Elect Director Allen Questrom — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Janus Capital Group Inc. *JNS* | 47102X105 | 03/18/04 | 14,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 46 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
11/06/03 - A | JDS Uniphase Corp. *JDSU* | 46612J101 | 09/15/03 | 97,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/03/04 - A | Jefferson-Pilot Corp. *JP* | 475070108 | 03/01/04 | 8,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
02/24/04 – S | John Hancock Financial Services, Inc. | 41014S106 | 01/02/04 | 18,600 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
04/22/04 - A | Johnson & Johnson *JNJ* | 478160104 | 02/24/04 | 185,960 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
01/28/04 - A | Johnson Controls, Inc. *JCI* | 478366107 | 11/20/03 | 6,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
6 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | Jones Apparel Group, Inc. *JNY* | 480074103 | 03/19/04 | 7,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/25/04 - A | JP Morgan Chase & Co. *JPM* | 46625H100 | 04/02/04 | 124,718 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
6 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
7 | Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
8 | Political Contributions | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 47 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/ | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
9 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
10 | Provide Adequate Disclosure for over the counter Derivatives | Against | Against | ShrHoldr | ||||||||||||
11 | Auditor Independence | Against | Against | ShrHoldr | ||||||||||||
12 | Submit Non-Employee Director Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
13 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
04/01/04 - A | KB Home *KBH* | 48666K109 | 02/12/04 | 2,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/23/04 - A | Kellogg Co. *K* | 487836108 | 03/04/04 | 25,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
05/11/04 - A | Kerr-McGee Corp. *KMG* | 492386107 | 03/12/04 | 6,181 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Establishment of an Office of the Board of Directors | Against | For | ShrHoldr | ||||||||||||
06/25/04 - S | Kerr-McGee Corp. *KMG* | 492386107 | 05/20/04 | 5,881 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
05/13/04 - A | KeyCorp *KEY* | 493267108 | 03/16/04 | 25,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | KeySpan Corporation *KSE* | 49337W100 | 03/22/04 | 9,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/29/04 - A | Kimberly-Clark Corp. *KMB* | 494368103 | 03/01/04 | 31,440 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 48 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/11/04 - A | Kinder Morgan, Inc. *KMI* | 49455P101 | 03/12/04 | 7,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Charles W. Battey — Withhold | |||||||||||||||
1.2 | Elect Director H. A. True, III — For | |||||||||||||||
1.3 | Elect Director Fayez Sarofim — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Prepare a Sustainability Report | Against | For | ShrHoldr | ||||||||||||
5 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
11/04/03 - A | King Pharmaceuticals Inc. *KG* | 495582108 | 09/05/03 | 16,366 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/05/03 - A | KLA-Tencor Corp. *KLAC* | 482480100 | 09/15/03 | 13,000 | ||||||||||||
1.a | Elect Director H. Raymond Bingham | For | For | Mgmt | ||||||||||||
1.b | Elect Director Robert T. Bond | For | For | Mgmt | ||||||||||||
1.c | Elect Director Richard J. Elkus, Jr. | For | For | Mgmt | ||||||||||||
1.d | Elect Director Michael E. Marks | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Knight-Ridder, Inc. *KRI* | 499040103 | 03/15/04 | 4,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Kohl’s Corp. *KSS* | 500255104 | 03/03/04 | 18,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Wayne Embry — For | |||||||||||||||
1.2 | Elect Director John F. Herma — Withhold | |||||||||||||||
1.3 | Elect Director R. Lawrence Montgomery — Withhold | |||||||||||||||
1.4 | Elect Director Frank V. Sica — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Performance-Based Stock/Indexed Options | Against | For | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 49 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/05/04 - A | Leggett & Platt, Inc. *LEG* | 524660107 | 03/15/04 | 11,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
04/02/04 - A | Lehman Brothers Holdings Inc. *LEH* | 524908100 | 02/13/04 | 17,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Lexmark International, Inc. *LXK* | 529771107 | 03/05/04 | 8,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/17/04 - A | Limited Brands *LTD* | 532716107 | 03/31/04 | 31,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/13/04 - A | Lincoln National Corp. *LNC* | 534187109 | 02/20/04 | 11,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
11/05/03 - A | Linear Technology Corp. *LLTC* | 535678106 | 09/08/03 | 21,300 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert H. Swanson, Jr. — Withhold | |||||||||||||||
1.2 | Elect Director David S. Lee — For | |||||||||||||||
1.3 | Elect Director Leo T. McCarthy — For | |||||||||||||||
1.4 | Elect Director Richard M. Moley — For | |||||||||||||||
1.5 | Elect Director Thomas S. Volpe — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | Liz Claiborne, Inc. *LIZ* | 539320101 | 03/22/04 | 6,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 50 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/22/04 - A | Lockheed Martin Corp. *LMT* | 539830109 | 03/01/04 | 28,282 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director E.C. ‘Pete’ Aldridge, Jr. — For | |||||||||||||||
1.2 | Elect Director Nolan D. Archibald — For | |||||||||||||||
1.3 | Elect Director Norman R. Augustine — Withhold | |||||||||||||||
1.4 | Elect Director Marcus C. Bennett — For | |||||||||||||||
1.5 | Elect Director Vance D. Coffman — For | |||||||||||||||
1.6 | Elect Director Gwendolyn S. King — For | |||||||||||||||
1.7 | Elect Director Douglas H. McCorkindale — For | |||||||||||||||
1.8 | Elect Director Eugene F. Murphy — For | |||||||||||||||
1.9 | Elect Director Joseph W. Ralston — Withhold | |||||||||||||||
1.10 | Elect Director Frank Savage — For | |||||||||||||||
1.11 | Elect Director Anne Stevens — For | |||||||||||||||
1.12 | Elect Director Robert J. Stevens — For | |||||||||||||||
1.13 | Elect Director James R. Ukropina — For | |||||||||||||||
1.14 | Elect Director Douglas C. Yearley — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Executive Ties to Government | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
6 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
05/11/04 - A | Loews Corp. *LTR* | 540424108 | 03/15/04 | 11,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | Against | ShrHoldr | ||||||||||||
4 | Support Legislation and Make Public Statements on Environmental Tobacco Smoke | Against | For | ShrHoldr | ||||||||||||
5 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | Louisiana-Pacific Corp *LPX* | 546347105 | 03/05/04 | 6,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Dustan E. McCoy — For | |||||||||||||||
1.2 | Elect Director Lee C. Simpson — Withhold | |||||||||||||||
1.3 | Elect Director Colin D. Watson — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 51 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Amend Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
5 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
6 | Ratify Auditors | For | For | Mgmt | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
8 | Report on Greenhouse Gas Emissions | Against | Against | ShrHoldr | ||||||||||||
05/28/04 - A | Lowe *LOW* | 548661107 | 04/01/04 | 47,700 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Leonard L. Berry — For | |||||||||||||||
1.2 | Elect Director Paul Fulton — For | |||||||||||||||
1.3 | Elect Director Dawn E. Hudson — Withhold | |||||||||||||||
1.4 | Elect Director Marshall O. Larsen — For | |||||||||||||||
1.5 | Elect Director Robert A. Niblock — For | |||||||||||||||
1.6 | Elect Director Stephen F. Page — For | |||||||||||||||
1.7 | Elect Director O. Temple Sloan, Jr. — For | |||||||||||||||
1.8 | Elect Director Robert L. Tillman — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | LSI Logic Corp. *LSI* | 502161102 | 03/11/04 | 23,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Approve/Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/18/04 - A | Lucent Technologies Inc. *LU* | 549463107 | 12/22/03 | 98,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors and Amend Director Removal Provision | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Reverse Stock Split | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
5 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | Manor Care, Inc. *HCR* | 564055101 | 03/12/04 | 5,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 52 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.1 | Elect Director Virgis W. Colbert — Withhold | |||||||||||||||
1.2 | Elect Director William H. Longfield — For | |||||||||||||||
1.3 | Elect Director Paul A. Ormond — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | Against | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/28/04 -A | Marathon Oil Corp *MRO* | 565849106 | 03/01/04 | 19,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Greenhouse Gas Emissions | Against | For | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/30/04 - A | Marriott International Inc. (New) *MAR* | 571903202 | 03/08/04 | 14,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
05/20/04 - A | Marsh & McLennan Companies, Inc. *MMC* | 571748102 | 03/22/04 | 32,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Marshall & Ilsley Corp. *MI* | 571834100 | 03/01/04 | 14,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/11/04 - A | Masco Corp. *MAS* | 574599106 | 03/15/04 | 28,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Mattel, Inc. *MAT* | 577081102 | 03/17/04 | 26,212 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
4 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 53 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
11/13/03 - A | Maxim Integrated Products, Inc. *MXIM* | 57772K101 | 09/15/03 | 22,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James R. Bergman — For | |||||||||||||||
1.2 | Elect Director John F. Gifford — Withhold | |||||||||||||||
1.3 | Elect Director B. Kipling Hagopian — For | |||||||||||||||
1.4 | Elect Director M. D. Sampels — For | |||||||||||||||
1.5 | Elect Director A. R. Frank Wazzan — For | |||||||||||||||
2 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Maytag Corp. *MYG* | 578592107 | 03/16/04 | 4,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Wayland R. Hicks — Withhold | |||||||||||||||
1.2 | Elect Director James A. McCaslin — For | |||||||||||||||
1.3 | Elect Director W. Ann Reynolds — Withhold | |||||||||||||||
1.4 | Elect Director Fred G. Steingraber — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Amend Articles | For | For | Mgmt | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/06/04 - A | MBIA Inc. *MBI* | 55262C100 | 03/18/04 | 8,850 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/03/04 - A | MBNA Corp. *KRB* | 55262L100 | 02/13/04 | 80,477 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James H. Berick — Withhold | |||||||||||||||
1.2 | Elect Director Benjamin R. Civiletti — Withhold | |||||||||||||||
1.3 | Elect Director Bruce L. Hammonds — Withhold | |||||||||||||||
1.4 | Elect Director William L. Jews — For | |||||||||||||||
1.5 | Elect Director Randolph D. Lerner — Withhold | |||||||||||||||
1.6 | Elect Director Stuart L. Markowitz — For |
Mgmt Rec - Company Management Recommended Vote | Page 54 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.7 | Elect Director William B. Milstead — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
05/20/04 - A | McDonald’s Corp. *MCD* | 580135101 | 03/22/04 | 77,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve/Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
07/30/03 - A | McKesson Corp. *MCK* | 58155Q103 | 06/03/03 | 20,614 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
3 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/27/04 - A | MeadWestvaco Corp. *MWV* | 583334107 | 03/01/04 | 12,398 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | MEDCO Health Solutions Inc *MHS* | 58405U102 | 03/10/04 | 16,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/20/04 - A | MedImmune, Inc. *MEDI* | 584699102 | 03/31/04 | 15,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
08/28/03 - A | Medtronic, Inc. *MDT* | 585055106 | 07/03/03 | 86,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Richard H. Anderson — For | |||||||||||||||
1.2 | Elect Director Michael R. Bonsignore — For | |||||||||||||||
1.3 | Elect Director Gordon M. Sprenger — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 55 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/20/04 - A | Mellon Financial Corp. *MEL* | 58551A108 | 02/06/04 | 27,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Merck & Co., Inc. *MRK* | 589331107 | 02/24/04 | 139,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
5 | Develop Ethical Criteria for Patent Extension | Against | Against | ShrHoldr | ||||||||||||
6 | Link Executive Compensation to Social Issues | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | Mercury Interactive Corp. *MERQ* | 589405109 | 03/22/04 | 5,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/10/03 - A | Meredith Corp. *MDP* | 589433101 | 09/11/03 | 3,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Herbert M. Baum — For | |||||||||||||||
1.2 | Elect Director Frederick B. Henry — Withhold | |||||||||||||||
1.3 | Elect Director William T. Kerr — For | |||||||||||||||
1.4 | Elect Director Nicholas L. Reding — For | |||||||||||||||
2 | Amend Director & Officer Indemnification/Liability Provisions | For | For | Mgmt | ||||||||||||
04/23/04 - A | Merrill Lynch & Co., Inc. *MER* | 590188108 | 02/24/04 | 59,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Restore or Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 56 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/27/04 - A | Metlife, Inc *MET* | 59156R108 | 03/01/04 | 47,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Curtis H. Barnette — For | |||||||||||||||
1.2 | Elect Director John C. Danforth — Withhold | |||||||||||||||
1.3 | Elect Director Burton A. Dole, Jr. — For | |||||||||||||||
1.4 | Elect Director Harry P. Kamen — Withhold | |||||||||||||||
1.5 | Elect Director Charles M. Leighton — For | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | MGIC Investment Corp. *MTG* | 552848103 | 03/15/04 | 6,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/21/03 - A | Micron Technology, Inc. *MU* | 595112103 | 09/22/03 | 27,515 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/11/03 - A | Microsoft Corp. *MSFT* | 594918104 | 09/12/03 | 730,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director William H. Gates, III — For | |||||||||||||||
1.2 | Elect Director Steven A. Ballmer — For | |||||||||||||||
1.3 | Elect Director James I. Cash, Jr., Ph.D. — For | |||||||||||||||
1.4 | Elect Director Raymond V. Gilmartin — For | |||||||||||||||
1.5 | Elect Director Ann McLaughlin Korologos — For | |||||||||||||||
1.6 | Elect Director David F. Marquardt — For | |||||||||||||||
1.7 | Elect Director Charles H. Noski — For | |||||||||||||||
1.8 | Elect Director Dr. Helmut Panke — For | |||||||||||||||
1.9 | Elect Director Wm. G. Reed, Jr. — For | |||||||||||||||
1.10 | Elect Director Jon A. Shirley — Withhold | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 57 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
Shareholder Proposal | ||||||||||||||||
4 | Refrain from Giving Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Millipore Corp. *MIL* | 601073109 | 03/05/04 | 3,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
10/24/03 - A | Molex Incorporated *MOLX* | 608554101 | 08/29/03 | 13,025 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
01/29/04 - A | Monsanto Co. *MON* | 61166W101 | 12/01/03 | 17,227 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Report on Impact of Genetically Engineered Seed | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Export of Hazardous Pesticides | Against | Against | ShrHoldr | ||||||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
06/16/04 - A | Monster Worldwide, Inc. *MNST* | 611742107 | 04/26/04 | 2,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/27/04 - A | Moody’s Corporation *MCO* | 615369105 | 03/01/04 | 9,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Performance- Based | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Morgan Stanley *MWD* | 617446448 | 02/20/04 | 67,834 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John W. Madigan — Withhold | |||||||||||||||
1.2 | Elect Director Dr. Klaus Zumwinkel — For | |||||||||||||||
1.3 | Elect Director Sir Howard Davies — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 58 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | Motorola, Inc. *MOT* | 620076109 | 03/05/04 | 143,935 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
06/01/04 - A | Nabors Industries, Ltd. *NBR* | G6359F103 | 04/08/04 | 8,900 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | SHAREHOLDER PROPOSAL TO CHANGE NABORS JURISDICTION OF INCORPORATION FROM BERMUDA TO DELAWARE. | Against | Against | Mgmt | ||||||||||||
04/27/04 - A | National City Corp. *NCC* | 635405103 | 03/05/04 | 37,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/26/03 - A | National Semiconductor Corp. *NSM* | 637640103 | 08/14/03 | 12,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Brian L. Halla — For | |||||||||||||||
1.2 | Elect Director Steven R. Appleton — For | |||||||||||||||
1.3 | Elect Director Gary P. Arnold — Withhold | |||||||||||||||
1.4 | Elect Director Richard J. Danzig — For | |||||||||||||||
1.5 | Elect Director Robert J. Frankenberg — For | |||||||||||||||
1.6 | Elect Director E. Floyd Kvamme — For | |||||||||||||||
1.7 | Elect Director Modesto A. Maidique — For | |||||||||||||||
1.8 | Elect Director Edward R. Mccracken — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Employee Stock Purchase Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 59 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
02/17/04 - A | Navistar International Corp. *NAV* | 63934E108 | 01/05/04 | 3,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/28/04 - A | NCR Corporation *NCR* | 62886E108 | 02/09/04 | 6,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
4 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
09/02/03 - A | Network Appliance, Inc. *NTAP* | 64120L104 | 07/07/03 | 20,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Other Business | For | Against | Mgmt | ||||||||||||
05/12/04 - A | Newell Rubbermaid Inc. *NWL* | 651229106 | 03/15/04 | 13,293 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | Newmont Mining Corp. (Holding Company) *NEM* | 651639106 | 03/02/04 | 26,811 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
05/27/04 - A | Nextel Communications, Inc. *NXTL* | 65332V103 | 04/02/04 | 66,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
04/15/04 - A | Nicor Inc. *GAS* | 654086107 | 02/17/04 | 2,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert M. Beavers, Jr. — For |
Mgmt Rec - Company Management Recommended Vote | Page 60 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.2 | Elect Director Bruce P. Bickner — For | |||||||||||||||
1.3 | Elect Director John H. Birdsall, III — Withhold | |||||||||||||||
1.4 | Elect Director Thomas A. Donahoe — For | |||||||||||||||
1.5 | Elect Director Thomas L. Fisher — For | |||||||||||||||
1.6 | Elect Director John E. Jones — For | |||||||||||||||
1.7 | Elect Director Dennis J. Keller — For | |||||||||||||||
1.8 | Elect Director William A. Osborn — For | |||||||||||||||
1.9 | Elect Director John Rau — For | |||||||||||||||
1.10 | Elect Director John F. Riordan — For | |||||||||||||||
1.11 | Elect Director Russ M. Strobel — For | |||||||||||||||
1.12 | Elect Director Patricia A. Wier — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
09/22/03 - A | Nike, Inc. *NKE* | 654106103 | 07/25/03 | 18,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Thomas E. Clarke as Class A Director — For | |||||||||||||||
1.2 | Elect Director Ralph D. DeNunzio as Class A Director — For | |||||||||||||||
1.3 | Elect Director Richard K. Donahue as Class A Director — Withhold | |||||||||||||||
1.4 | Elect Director Delbert J. Hayes as Class A Director — For | |||||||||||||||
1.5 | Elect Director Douglas G. Houser as Class A Director — For | |||||||||||||||
1.6 | Elect Director Jeanne P. Jackson as Class A Director — For | |||||||||||||||
1.7 | Elect Director Philip H. Knight as Class A Director — For | |||||||||||||||
1.8 | Elect Director Charles W. Robinson as Class A Director — For | |||||||||||||||
1.9 | Elect Director John R. Thompson, Jr. as Class A Director — Withhold | |||||||||||||||
1.10 | Elect Director Jill K. Conway as Class B Director — For | |||||||||||||||
1.11 | Elect Director Alan B. Graf, Jr. as Class B Director — For | |||||||||||||||
1.12 | Elect Director John E. Jaqua as Class B Director — For | |||||||||||||||
1.13 | Elect Director A. Michael Spence as Class B Director — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 61 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/11/04 - A | NiSource Inc. *NI* | 65473P105 | 03/16/04 | 16,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/22/04 - A | Nordstrom, Inc. *JWN* | 655664100 | 03/17/04 | 8,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Norfolk Southern Corp. *NSC* | 655844108 | 03/05/04 | 4,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | North Fork Bancorporation, Inc. *NFB* | 659424105 | 03/01/04 | 9,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Northern Trust Corp. *NTRS* | 665859104 | 03/01/04 | 13,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Duane L. Burnham — For | |||||||||||||||
1.2 | Elect Director Dolores E. Cross — For | |||||||||||||||
1.3 | Elect Director Susan Crown — For | |||||||||||||||
1.4 | Elect Director Robert S. Hamada — For | |||||||||||||||
1.5 | Elect Director Robert A. Helman — Withhold | |||||||||||||||
1.6 | Elect Director Dipak C. Jain — For | |||||||||||||||
1.7 | Elect Director Arthur L. Kelly — For | |||||||||||||||
1.8 | Elect Director Robert C. Mccormack — For | |||||||||||||||
1.9 | Elect Director Edward J. Mooney — For | |||||||||||||||
1.10 | Elect Director William A. Osborn — For | |||||||||||||||
1.11 | Elect Director John W. Rowe — For | |||||||||||||||
1.12 | Elect Director Harold B. Smith — For | |||||||||||||||
1.13 | Elect Director William D. Smithburg — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | Northrop Grumman Corp. *NOC* | 666807102 | 03/22/04 | 11,246 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 62 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
04/15/04 - A | Novell, Inc. *NOVL* | 670006105 | 02/20/04 | 23,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
3 | Performance-Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
4 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
04/16/04 - A | Novellus Systems, Inc. *NVLS* | 670008101 | 02/17/04 | 9,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Provision of Non-Audit Services by Independent Auditors | Against | Against | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Nucor Corp. *NUE* | 670346105 | 03/15/04 | 4,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
07/10/03 - A | Nvidia Corporation *NVDA* | 67066G104 | 05/15/03 | 1,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/30/04 - A | Occidental Petroleum Corp. *OXY* | 674599105 | 03/03/04 | 23,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | Office Depot, Inc. *ODP* | 676220106 | 03/10/04 | 3,426 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Lee A. Ault III — Withhold | |||||||||||||||
1.2 | Elect Director Neil R. Austrian — Withhold | |||||||||||||||
1.3 | Elect Director David W. Bernauer — For | |||||||||||||||
1.4 | Elect Director Abelardo E. Bru — For | |||||||||||||||
1.5 | Elect Director David I. Fuente — Withhold |
Mgmt Rec - Company Management Recommended Vote | Page 63 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.6 | Elect Director Brenda J. Gaines — Withhold | |||||||||||||||
1.7 | Elect Director Myra M. Hart — For | |||||||||||||||
1.8 | Elect Director W. Scott Hedrick — Withhold | |||||||||||||||
1.9 | Elect Director James L. Heskett — Withhold | |||||||||||||||
1.10 | Elect Director Patricia H. McKay — For | |||||||||||||||
1.11 | Elect Director Michael J. Myers — Withhold | |||||||||||||||
1.12 | Elect Director Bruce Nelson — Withhold | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/25/04 - A | Omnicom Group Inc. *OMC* | 681919106 | 04/09/04 | 3,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
10/13/03 - A | Oracle Corp. *ORCL* | 68389X105 | 08/21/03 | 360,720 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Amend Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
5 | Implement China Principles | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | Paccar Inc. *PCAR* | 693718108 | 03/01/04 | 100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Amend Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | Pactiv Corp. *PTV* | 695257105 | 03/19/04 | 9,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/19/03 - A | Pall Corp. *PLL* | 696429307 | 10/01/03 | 8,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 64 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Amend Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
03/03/04 -A | Parametric Technology Corp. *PMTC* | 699173100 | 01/09/04 | 17,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/22/03 -A | Parker-Hannifin Corp. *PH* | 701094104 | 08/29/03 | 8,075 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
10/02/03 -A | Paychex, Inc. *PAYX* | 704326107 | 08/04/03 | 26,050 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director B. Thomas Golisano — Withhold | |||||||||||||||
1.2 | Elect Director Betsy S. Atkins — For | |||||||||||||||
1.3 | Elect Director G. Thomas Clark — Withhold | |||||||||||||||
1.4 | Elect Director David J. S. Flaschen — For | |||||||||||||||
1.5 | Elect Director Phillip Horsley — For | |||||||||||||||
1.6 | Elect Director Grant M. Inman — For | |||||||||||||||
1.7 | Elect Director J. Robert Sebo — Withhold | |||||||||||||||
1.8 | Elect Director Joseph M. Tucci — Withhold | |||||||||||||||
02/27/04 -A | Peoples Energy Corp. *PGL* | 711030106 | 12/31/03 | 2,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
03/25/04 -A | PeopleSoft, Inc. *PSFT* | 712713106 | 02/10/04 | 23,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/05/04 -A | PepsiCo, Inc. *PEP* | 713448108 | 03/12/04 | 105,610 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 65 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
04/27/04 -A | PerkinElmer Inc. *PKI* | 714046109 | 02/27/04 | 7,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
04/22/04 -A | Pfizer Inc. *PFE* | 717081103 | 02/27/04 | 474,384 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Report on Operational Impact of HIV/AIDS, TB, and Malaria Pandemic | Against | Against | ShrHoldr | ||||||||||||
5 | Cease Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Establish Term Limits for Directors | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
9 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
10 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
04/21/04 -A | PG&E Corp. *PCG* | 69331C108 | 02/23/04 | 11,903 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
4 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Require Directors be a Link-Free Directors | Against | Against | ShrHoldr | ||||||||||||
6 | Adopt Radioactive Waste Policy | Against | Against | ShrHoldr | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
8 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/28/04 -A | Phelps Dodge Corp. *PD* | 717265102 | 04/08/04 | 5,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
05/19/04 - A | Pinnacle West Capital Corp. *PNW* | 723484101 | 03/19/04 | 5,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Nuclear Fuel Storage Risks | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 66 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/10/04 -A | Pitney Bowes Inc. *PBI* | 724479100 | 03/12/04 | 14,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
05/04/04 -A | Plum Creek Timber Company, Inc. *PCL* | 729251108 | 03/15/04 | 11,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Rick R. Holley — For | |||||||||||||||
1.2 | Elect Director Ian B. Davidson — For | |||||||||||||||
1.3 | Elect Director Robin Josephs — For | |||||||||||||||
1.4 | Elect Director David D. Leland — Withhold | |||||||||||||||
1.5 | Elect Director John G. McDonald — For | |||||||||||||||
1.6 | Elect Director Hamid R. Moghadam — For | |||||||||||||||
1.7 | Elect Director John H. Scully — For | |||||||||||||||
1.8 | Elect Director Stephen C. Tobias — For | |||||||||||||||
1.9 | Elect Director Carl B. Webb — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Endorse CERES Principles | Against | Against | ShrHoldr | ||||||||||||
05/14/04 -A | PMC-Sierra, Inc. *PMCS* | 69344F106 | 03/15/04 | 10,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Robert Bailey — For | |||||||||||||||
1.2 | Elect Director Alexandre Balkanski — For | |||||||||||||||
1.3 | Elect Director Richard Belluzzo — For | |||||||||||||||
1.4 | Elect Director James Diller — Withhold | |||||||||||||||
1.5 | Elect Director Jonathan Judge — For | |||||||||||||||
1.6 | Elect Director William Kurtz — For | |||||||||||||||
1.7 | Elect Director Frank Marshall — For | |||||||||||||||
1.8 | Elect Director Lewis Wilks — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 -A | PNC Financial Services Group, Inc. *PNC* | 693475105 | 02/27/04 | 17,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Paul Chellgren — For | |||||||||||||||
1.2 | Elect Director Robert Clay — For | |||||||||||||||
1.3 | Elect Director J. Gary Cooper — For |
Mgmt Rec - Company Management Recommended Vote | Page 67 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.4 | Elect Director George Davidson, Jr. — For | |||||||||||||||
1.5 | Elect Director Richard Kelson — Withhold | |||||||||||||||
1.6 | Elect Director Bruce Lindsay — For | |||||||||||||||
1.7 | Elect Director Anthony Massaro — For | |||||||||||||||
1.8 | Elect Director Thomas O’Brien — For | |||||||||||||||
1.9 | Elect Director Jane Pepper — For | |||||||||||||||
1.10 | Elect Director James Rohr — For | |||||||||||||||
1.11 | Elect Director Lorene Steffes — For | |||||||||||||||
1.12 | Elect Director Dennis Strigl — For | |||||||||||||||
1.13 | Elect Director Stephen Thieke — For | |||||||||||||||
1.14 | Elect Director Thomas Usher — For | |||||||||||||||
1.15 | Elect Director Milton Washington — For | |||||||||||||||
1.16 | Elect Director Helge Wehmeier — For | |||||||||||||||
05/04/04 -A | Power-One, Inc. *PWER* | 739308104 | 03/12/04 | 5,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/15/04 - A | PPG Industries, Inc. *PPG* | 693506107 | 02/17/04 | 10,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/23/04 - A | PPL Corp. *PPL* | 69351T106 | 02/27/04 | 11,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | Praxair, Inc. *PX* | 74005P104 | 03/01/04 | 20,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
4 | Approve Stockholder Protection Rights Agreement | For | For | Mgmt | ||||||||||||
05/18/04 - A | Principal Financial Group, Inc. *PFG* | 74251V102 | 03/19/04 | 19,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 68 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/12/04 -A | Progress Energy, Inc. *PGN* | 743263105 | 03/05/04 | 15,177 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/18/04 -A | ProLogis *PLD* | 743410102 | 03/17/04 | 11,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 -A | Providian Financial Corp. *PVN* | 74406A102 | 03/15/04 | 17,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/08/04 -A | Prudential Financial Inc *PRU* | 744320102 | 04/12/04 | 32,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
04/20/04 -A | Public Service Enterprise Group Inc. *PEG* | 744573106 | 02/20/04 | 14,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Require Two Candidates for Each Board Seat | Against | Against | ShrHoldr | ||||||||||||
05/13/04 -A | Pulte Homes Inc. *PHM* | 745867101 | 03/16/04 | 7,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditor | Against | For | ShrHoldr | ||||||||||||
08/26/03 -A | QLogic Corp. *QLGC* | 747277101 | 07/01/03 | 1,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/02/04 -A | QUALCOMM Inc. *QCOM* | 747525103 | 01/02/04 | 27,460 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Adelia A. Coffman — Withhold |
Mgmt Rec - Company Management Recommended Vote | Page 69 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.2 | Elect Director Raymond V. Dittamore — For | |||||||||||||||
1.3 | Elect Director Irwin Mark Jacobs — For | |||||||||||||||
1.4 | Elect Director Richard Sulpizio — For | |||||||||||||||
2 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
05/04/04 - A | Quest Diagnostics, Incorporated *DGX* | 74834L100 | 03/08/04 | 6,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/25/03 - S | Quintiles Transnational Corp. *QTRN* | 748767100 | 08/19/03 | 8,100 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
12/16/03 - A | Qwest Communications International Inc. *Q* | 749121109 | 10/27/03 | 113,163 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Philip F. Anschutz — Withhold | |||||||||||||||
1.2 | Elect Director Richard C. Notebaert — For | |||||||||||||||
1.3 | Elect Director Frank F. Popoff — For | |||||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
3 | Exclude Pension Credits from Net Income When Determining Executive Compensation | For | For | ShrHoldr | ||||||||||||
4 | Declassify the Board of Directors | For | For | ShrHoldr | ||||||||||||
5 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | For | For | ShrHoldr | ||||||||||||
6 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
7 | Performance - Based/Indexed Options | Against | Against | ShrHoldr | ||||||||||||
8 | Performance - Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
9 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/25/04 - A | Qwest Communications International Inc. *Q* | 749121109 | 03/26/04 | 107,763 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
4 | Submit Executive Pension Benefit to Vote | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 70 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
5 | Require Majority of Independent Directors on Board | Against | For | ShrHoldr | ||||||||||||
02/23/04 - S | R. R. Donnelley & Sons Co. *RRD* | 257867101 | 01/15/04 | 100 | ||||||||||||
1 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/20/04 - A | Radioshack Corp. *RSH* | 750438103 | 03/23/04 | 10,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Frank J. Belatti — For | |||||||||||||||
1.2 | Elect Director Ronald E. Elmquist — For | |||||||||||||||
1.3 | Elect Director Robert S. Falcone — For | |||||||||||||||
1.4 | Elect Director Daniel R. Feehan — For | |||||||||||||||
1.5 | Elect Director Richard J. Hernandez — For | |||||||||||||||
1.6 | Elect Director Lawrence V. Jackson — Withhold | |||||||||||||||
1.7 | Elect Director Robert J. Kamerschen — For | |||||||||||||||
1.8 | Elect Director H. Eugene Lockhart — For | |||||||||||||||
1.9 | Elect Director Jack L. Messman — For | |||||||||||||||
1.10 | Elect Director William G. Morton, Jr. — For | |||||||||||||||
1.11 | Elect Director Thomas G. Plaskett — For | |||||||||||||||
1.12 | Elect Director Leonard H. Roberts — For | |||||||||||||||
1.13 | Elect Director Edwina D. Woodbury — For | |||||||||||||||
2 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/05/04 - A | Raytheon Co. *RTN* | 755111507 | 03/08/04 | 25,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
6 | Implement MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
7 | Expense Stock Options | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 71 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
8 | Submit Executive Pension Benefit to Vote | Against | For | ShrHoldr | ||||||||||||
9 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Reebok International Ltd. *RBK* | 758110100 | 03/05/04 | 3,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
06/08/04 - A | Regions Financial Corp. *RF* | 758940100 | 04/27/04 | 2,752 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | Split | Mgmt | ||||||||||||
2.1 | Elect Director Margaret H. Greene — Withhold | |||||||||||||||
2.2 | Elect Director Carl E. Jones, Jr. — For | |||||||||||||||
2.3 | Elect Director Susan W. Matlock — For | |||||||||||||||
2.4 | Elect Director John H. Watson — For | |||||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
5 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||||||||
05/04/04 - A | Robert Half International Inc. *RHI* | 770323103 | 03/11/04 | 600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
02/04/04 - A | Rockwell Automation Inc *ROK* | 773903109 | 12/08/03 | 12,200 | ||||||||||||
A.1 | Elect Director Don H. Davis, Jr. | For | For | Mgmt | ||||||||||||
A.2 | Elect Director William H. Gray, III | For | For | Mgmt | ||||||||||||
A.3 | Elect Director William T. McCormick, Jr. | For | For | Mgmt | ||||||||||||
A.4 | Elect Director Keith D. Nosbusch | For | For | Mgmt | ||||||||||||
B | Ratify Auditors | For | For | Mgmt | ||||||||||||
C | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
02/10/04 - A | Rockwell Collins, Inc. *COL* | 774341101 | 12/15/03 | 11,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/03/04 - A | Rohm and Haas Co. *ROH* | 775371107 | 03/05/04 | 13,775 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 72 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Other Business | For | Against | Mgmt | ||||||||||||
04/23/04 - A | Rowan Companies, Inc. *RDC* | 779382100 | 03/01/04 | 6,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/07/04 - A | Ryder System, Inc. *R* | 783549108 | 03/12/04 | 3,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/04/04 - A | Sabre Holdings Corporation *TSG* | 785905100 | 03/15/04 | 7,696 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
05/05/04 - A | SAFECO Corp. *SAFC* | 786429100 | 03/08/04 | 8,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/20/04 -A | Safeway Inc. *SWY* | 786514208 | 03/25/04 | 27,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Steven A. Burd — Withhold | |||||||||||||||
1.2 | Elect Director Robert I. MacDonnell — For | |||||||||||||||
1.3 | Elect Director William Y. Tauscher — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Approve Repricing of Options | For | For | Mgmt | ||||||||||||
5 | Amend Bylaws to Require Independent Director as Chairman of the Board | Against | For | ShrHoldr | ||||||||||||
6 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
7 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
8 | Prepare Sustainability Report | Against | For | ShrHoldr | ||||||||||||
9 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||||||||
10 | Expense Stock Options | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 73 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
01/26/04 -A | Sanmina-SCI Corp. *SANM* | 800907107 | 12/01/03 | 8,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/30/03 -A | Sara Lee Corp. *SLE* | 803111103 | 09/02/03 | 53,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
3 | Report on Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
4 | Implement and Monitor Code of Corporate Conduct - ILO Standards | Against | Against | ShrHoldr | ||||||||||||
04/30/04 - A | SBC Communications Inc. *SBC* | 78387G103 | 03/02/04 | 205,798 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Bylaws | For | For | Mgmt | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Change Size of Board of Directors | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | Schering-Plough Corp. *SGP* | 806605101 | 03/05/04 | 90,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
04/14/04 - A | Schlumberger Ltd. *SLB* | 806857108 | 02/25/04 | 36,500 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | ADOPTION AND APPROVAL OF FINANCIALS AND DIVIDENDS | For | For | Mgmt | ||||||||||||
3 | APPROVAL OF ADOPTION OF THE 2004 STOCK AND DEFERRAL PLAN FOR NON-EMPLOYEE DIRECTORS | For | For | Mgmt | ||||||||||||
4 | APPROVAL OF AUDITORS | For | For | Mgmt | ||||||||||||
05/05/04 - A | Sealed Air Corp. *SEE* | 81211K100 | 03/08/04 | 5,308 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/13/04 - A | Sears, Roebuck & Co. *S* | 812387108 | 03/15/04 | 900 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 74 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.1 | Elect Director William L. Bax — For | |||||||||||||||
1.2 | Elect Director Donald J. Carty — Withhold | |||||||||||||||
1.3 | Elect Director Alan J. Lacy — Withhold | |||||||||||||||
1.4 | Elect Director Hugh B. Price — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
5 | Establish Other Board Committee | Against | For | ShrHoldr | ||||||||||||
05/04/04 - A | Sempra Energy *SRE* | 816851109 | 03/09/04 | 14,013 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
6 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
7 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
06/23/04 - A | Siebel Systems, Inc. *SEBL* | 826170102 | 04/29/04 | 29,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Abstain | For | ShrHoldr | ||||||||||||
05/04/04 - A | Sigma-Aldrich Corp. *SIAL* | 826552101 | 03/05/04 | 4,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
05/05/04 - A | Simon Property Group, Inc. *SPG* | 828806109 | 03/08/04 | 11,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
05/13/04 - A | SLM Corp. *SLM* | 78442P106 | 03/15/04 | 27,771 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Snap-on Incorporated *SNA* | 833034101 | 02/23/04 | 3,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 75 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
01/07/04 - A | Solectron Corp. *SLR* | 834182107 | 11/18/03 | 55,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Option Exchange Program | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | Southern Company *SO* | 842587107 | 03/29/04 | 44,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Outside Director Stock in Lieu of Cash | For | For | Mgmt | ||||||||||||
04/21/04 - A | SouthTrust Corp. *SOTR* | 844730101 | 02/20/04 | 20,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/19/04 - A | Southwest Airlines Co. *LUV* | 844741108 | 03/23/04 | 47,918 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Herbert D. Kelleher — Withhold | |||||||||||||||
1.2 | Elect Director Rollin W. King — For | |||||||||||||||
1.3 | Elect Director June M. Morris — Withhold | |||||||||||||||
1.4 | Elect Director C. Webb Crockett — Withhold | |||||||||||||||
1.5 | Elect Director William P. Hobby — For | |||||||||||||||
1.6 | Elect Director Travis C. Johnson — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Sprint Corp. *FON* | 852061100 | 02/20/04 | 56,600 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gordon M. Bethune — For | |||||||||||||||
1.2 | Elect Director E. Linn Draper, Jr. — For | |||||||||||||||
1.3 | Elect Director Deborah A. Henretta — For | |||||||||||||||
1.4 | Elect Director Linda Koch Lorimer — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Performance- Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 76 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
6 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | Sprint Corp. *FON* | 852061506 | 02/20/04 | 2,975 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gordon M. Bethune — For | |||||||||||||||
1.2 | Elect Director E. Linn Draper, Jr. — For | |||||||||||||||
1.3 | Elect Director Deborah A. Henretta — For | |||||||||||||||
1.4 | Elect Director Linda Koch Lorimer — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Performance - Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
6 | Report on Foreign Outsourcing | Against | Against | ShrHoldr | ||||||||||||
05/12/04 - A | St. Jude Medical, Inc. *STJ* | 790849103 | 03/15/04 | 10,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
06/17/04 - A | Staples, Inc. *SPLS* | 855030102 | 04/19/04 | 29,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
8 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
9 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
03/30/04 - A | Starbucks Corp. *SBUX* | 855244109 | 01/26/04 | 25,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/07/04 - A | Starwood Hotels & Resorts Worldwide, Inc. *HOT* | 85590A203 | 03/19/04 | 12,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 77 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
04/21/04 - A | State Street Corp. (Boston) *STT* | 857477103 | 02/27/04 | 20,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Exempt Board of Directors from Massachusetts General Laws, Chapter 156B, Section 50A(a) | Against | For | ShrHoldr | ||||||||||||
04/20/04 - A | Stryker Corp. *SYK* | 863667101 | 02/27/04 | 12,400 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John W. Brown — For | |||||||||||||||
1.2 | Elect Director Howard E. Cox, Jr. — For | |||||||||||||||
1.3 | Elect Director Donald M. Engelman, Ph.D. — Withhold | |||||||||||||||
1.4 | Elect Director Jerome H. Grossman, M.D. — For | |||||||||||||||
1.5 | Elect Director John S. Lillard — For | |||||||||||||||
1.6 | Elect Director William U. Parfet — For | |||||||||||||||
1.7 | Elect Director Ronda E. Stryker — Withhold | |||||||||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
11/13/03 - A | Sun Microsystems, Inc. *SUNW* | 866810104 | 09/15/03 | 219,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Implement China Principles | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | SunGard Data Systems Inc. *SDS* | 867363103 | 03/15/04 | 17,700 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Gregory S. Bentley — Withhold | |||||||||||||||
1.2 | Elect Director Michael C. Brooks — For | |||||||||||||||
1.3 | Elect Director Cristobal Conde — For | |||||||||||||||
1.4 | Elect Director Ramon de Oliveira — For | |||||||||||||||
1.5 | Elect Director Henry C. Duques — For | |||||||||||||||
1.6 | Elect Director Albert A. Eisenstat — For | |||||||||||||||
1.7 | Elect Director Bernard Goldstein — For | |||||||||||||||
1.8 | Elect Director Janet Brutschea Haugen — For |
Mgmt Rec - Company Management Recommended Vote | Page 78 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.9 | Elect Director James L. Mann — For | |||||||||||||||
1.10 | Elect Director Malcolm I. Ruddock — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/06/04 - A | Sunoco, Inc. *SUN* | 86764P109 | 02/10/04 | 4,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | SunTrust Banks, Inc. *STI* | 867914103 | 02/20/04 | 17,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/26/04 - A | SUPERVALU Inc. *SVU* | 868536103 | 04/01/04 | 8,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Require Affirmative Vote of the Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
04/26/04 - A | Symbol Technologies, Inc. *SBL* | 871508107 | 03/01/04 | 14,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Synovus Financial Corp. *SNV* | 87161C105 | 02/17/04 | 19,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
11/07/03 - A | SYSCO Corporation *SYY* | 871829107 | 09/09/03 | 44,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Jonathan Golden as Class II Director — Withhold | |||||||||||||||
1.2 | Elect Director Joseph A. Hafner, Jr. as Class II Director — For | |||||||||||||||
1.3 | Elect Director Thomas E. Lankford as Class II Director — Withhold | |||||||||||||||
1.4 | Elect Director Richard J. Schnieders as Class II Director — Withhold | |||||||||||||||
1.5 | Elect Director John K. Stubblefield, Jr. as Class III Director — For |
Mgmt Rec - Company Management Recommended Vote | Page 79 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt Rec | Vote Cast | Record Date | Prpnent | Shares Voted | |||||||||
2 | Increase Authorized Common Stock | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
4 | Report on the Impact of Genetically Engineered Products | Against | Against | ShrHoldr | ||||||||||||
04/08/04 - A | T. Rowe Price Group, Inc. *TROW* | 74144T108 | 02/06/04 | 7,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
4 | Other Business | For | Against | Mgmt | ||||||||||||
05/19/04 - A | Target Corporation *TGT* | 87612E106 | 03/22/04 | 55,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/28/04 - A | TECO Energy, Inc. *TE* | 872375100 | 02/18/04 | 375 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
09/25/03 - A | Tektronix, Inc. *TEK* | 879131100 | 07/21/03 | 5,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
Shareholder Proposal | ||||||||||||||||
2 | Refrain from Doing Business in China | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Tellabs, Inc. *TLAB* | 879664100 | 02/23/04 | 26,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/07/04 - A | Temple-Inland Inc. *TIN* | 879868107 | 03/10/04 | 3,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
07/23/03 - A | Tenet Healthcare Corp. *THC* | 88033G100 | 06/02/03 | 33,350 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 80 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
Shareholder Proposal | ||||||||||||||||
4 | Require Majority of Independent Directors on Board | Against | Against | ShrHoldr | ||||||||||||
05/06/04 - A | Tenet Healthcare Corp. *THC* | 88033G100 | 03/11/04 | 200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/27/04 - A | Teradyne, Inc. *TER* | 880770102 | 04/05/04 | 11,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/15/04 - A | Texas Instruments Inc. *TXN* | 882508104 | 02/17/04 | 109,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
04/28/04 - A | Textron Inc. *TXT* | 883203101 | 03/05/04 | 8,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock-for-Salary/Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Foreign Weapons Sales | Against | Against | ShrHoldr | ||||||||||||
6 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
7 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | The AES Corp. *AES* | 00130H105 | 03/03/04 | 38,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/18/04 - A | The Allstate Corp. *ALL* | 020002101 | 03/19/04 | 43,038 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
5 | Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
04/13/04 - A | The Bank Of New York Co., Inc. *BK* | 064057102 | 02/23/04 | 48,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 81 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Report on Political Contributions | Against | Against | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Composition of Committee to Independent Directors | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
03/31/04 - A | The Bear Stearns Companies Inc. *BSC* | 073902108 | 02/19/04 | 6,152 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend the Capital Accumulation Plan for Senior Managing Directors | For | Against | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | Against | Mgmt | ||||||||||||
4 | Approve Restricted Stock Plan | For | Against | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | The Black & Decker Corp. *BDK* | 091797100 | 02/17/04 | 4,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Restricted Stock Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/03/04 - A | The Boeing Co. *BA* | 097023105 | 03/05/04 | 52,038 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John H. Biggs — Withhold | |||||||||||||||
1.2 | Elect Director John E. Bryson — Withhold | |||||||||||||||
1.3 | Elect Director Linda Z. Cook — For | |||||||||||||||
1.4 | Elect Director Rozanne L. Ridgway — Withhold | |||||||||||||||
2 | Reduce Supermajority Vote Requirement | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Adopt Amended Workplace Code of Conduct | Against | For | ShrHoldr | ||||||||||||
6 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
7 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
8 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
9 | Adopt a Policy that will Commit Executive & Directors to Hold at least 75% of their Shares | Against | For | ShrHoldr | ||||||||||||
10 | Provide Employees Choice of Pension Plans at Retirement or Termination | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 82 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/17/04 - A | The Charles Schwab Corp. *SCH* | 808513105 | 03/18/04 | 83,100 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/27/04 - A | The Chubb Corp. *CB* | 171232101 | 03/08/04 | 11,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
11/19/03 - A | The Clorox Company *CLX* | 189054109 | 09/22/03 | 14,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/21/04 - A | The Coca-Cola Company *KO* | 191216100 | 02/23/04 | 153,000 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Herbert A. Allen — For | |||||||||||||||
1.2 | Elect Director Ronald W. Allen — For | |||||||||||||||
1.3 | Elect Director Cathleen P. Black — For | |||||||||||||||
1.4 | Elect Director Warren E. Buffett — Withhold | |||||||||||||||
1.5 | Elect Director Douglas N. Daft — For | |||||||||||||||
1.6 | Elect Director Barry Diller — For | |||||||||||||||
1.7 | Elect Director Donald R. Keough — For | |||||||||||||||
1.8 | Elect Director Susan Bennett King — For | |||||||||||||||
1.9 | Elect Director Maria Elena Lagomasino — For | |||||||||||||||
1.10 | Elect Director Donald F. Mchenry — For | |||||||||||||||
1.11 | Elect Director Robert L. Nardelli — For | |||||||||||||||
1.12 | Elect Director Sam Nunn — For | |||||||||||||||
1.13 | Elect Director J. Pedro Reinhard — For | |||||||||||||||
1.14 | Elect Director James D. Robinson III — For | |||||||||||||||
1.15 | Elect Director Peter V. Ueberroth — For | |||||||||||||||
1.16 | Elect Director James B. Williams — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 83 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
3 | Report on Operational Impact of HIV/AIDS Pandemic | For | For | ShrHoldr | ||||||||||||
4 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
5 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
6 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
7 | Submit Executive Compensation to Vote | Against | Against | ShrHoldr | ||||||||||||
8 | Implement China Principles | Against | Against | ShrHoldr | ||||||||||||
9 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
05/13/04 - A | The Dow Chemical Company *DOW* | 260543103 | 03/15/04 | 56,677 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
4 | Report on Social Initiatives in Bhopal | Against | Against | ShrHoldr | ||||||||||||
05/12/04 - A | The Gap, Inc. *GPS* | 364760108 | 03/15/04 | 19,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/20/04 - A | The Gillette Co. *G* | 375766102 | 03/22/04 | 61,800 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
�� | 2 | Ratify Auditors | For | For | Mgmt | |||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Prohibit Auditor from Providing Non-Audit Services | Against | Against | ShrHoldr | ||||||||||||
6 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
03/31/04 - A | The Goldman Sachs Group, Inc. *GS* | 38141G104 | 02/02/04 | 30,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
06/30/04 - A | The Goodyear Tire & Rubber Co. *GT* | 382550101 | 05/10/04 | 578 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 84 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
05/20/04 - A | The Hartford Financial Services Group, Inc. *HIG* | 416515104 | 03/22/04 | 17,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/18/04 - A | The Interpublic Group of Companies, Inc. *IPG* | 460690100 | 03/26/04 | 25,200 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director David A. Bell — For | |||||||||||||||
1.2 | Elect Director Frank J. Borell — For | |||||||||||||||
1.3 | Elect Director Reginald K. Brack — For | |||||||||||||||
1.4 | Elect Director Jill M. Considine — For | |||||||||||||||
1.5 | Elect Director Christopher J. Coughlin — For | |||||||||||||||
1.6 | Elect Director John J. Donner, Jr. — For | |||||||||||||||
1.7 | Elect Director Richard A. Goldstein — For | |||||||||||||||
1.8 | Elect Director H. John Greenlaus — For | |||||||||||||||
1.9 | Elect Director Michael I. Roth — For | |||||||||||||||
1.10 | Elect Director J. Phillip Samper — Withhold | |||||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
06/24/04 - A | The Kroger Co. *KR* | 501044101 | 04/26/04 | 44,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
4 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
5 | Submit Severance Agreement (Change-in-Control) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
05/21/04 - A | The May Department Stores Co. *MAY* | 577778103 | 04/02/04 | 200 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 85 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/28/04 - A | The McGraw-Hill Companies, Inc. *MHP* | 580645109 | 03/09/04 | 11,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
04/13/04 - A | The New York Times Co. *NYT* | 650111107 | 02/17/04 | 9,400 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve A Non-Employee Director Stock Incentive Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/26/04 - A | The Pepsi Bottling Group, Inc. *PBG* | 713409100 | 03/29/04 | 16,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
10/14/03 - A | The Procter & Gamble Company *PG* | 742718109 | 08/01/03 | 89,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
Shareholder Proposals | ||||||||||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Label Genetically Engineered Foods | Against | Against | ShrHoldr | ||||||||||||
04/16/04 - A | The Progressive Corp. *PGR* | 743315103 | 02/18/04 | 13,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Articles to Issue Shares without Issuing Physical Certificates | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | The Sherwin-Williams Co. *SHW* | 824348106 | 02/23/04 | 9,100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director James C. Boland — For | |||||||||||||||
1.2 | Elect Director John G. Breen — For | |||||||||||||||
1.3 | Elect Director Duane E. Collins — For |
Mgmt Rec - Company Management Recommended Vote | Page 86 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.4 | Elect Director Christopher M. Connor — For | |||||||||||||||
1.5 | Elect Director Daniel E. Evans — For | |||||||||||||||
1.6 | Elect Director Susan J. Kropf — Withhold | |||||||||||||||
1.7 | Elect Director Robert W. Mahoney — For | |||||||||||||||
1.8 | Elect Director Gary E. McCullough — For | |||||||||||||||
1.9 | Elect Director A. Malachi Mixon, III — For | |||||||||||||||
1.10 | Elect Director Curtis E. Moll — Withhold | |||||||||||||||
1.11 | Elect Director Joseph M. Scaminace — For | |||||||||||||||
1.12 | Elect Director Richard K. Smucker — For | |||||||||||||||
2 | Amend Bylaws | For | Against | Mgmt | ||||||||||||
3 | Amend Bylaws | For | For | Mgmt | ||||||||||||
4 | Amend Nomination Procedures for the Board | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/23/04 - A | The Stanley Works *SWK* | 854616109 | 02/27/04 | 5,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
06/01/04 - A | The TJX Companies, Inc. *TJX* | 872540109 | 04/12/04 | 30,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Implement ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Vendor Standards | Against | Against | ShrHoldr | ||||||||||||
5 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
03/03/04 - A | The Walt Disney Company *DIS* | 254687106 | 01/16/04 | 131,029 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director John E. Bryson — For | |||||||||||||||
1.2 | Elect Director John S. Chen — For | |||||||||||||||
1.3 | Elect Director Michael D. Eisner — Withhold | |||||||||||||||
1.4 | Elect Director Judith L. Estrin — For | |||||||||||||||
1.5 | Elect Director Robert A. Iger — For | |||||||||||||||
1.6 | Elect Director Aylwin B. Lewis — For | |||||||||||||||
1.7 | Elect Director Monica C. Lozano — For | |||||||||||||||
1.8 | Elect Director Robert W. Matschullat — For |
Mgmt Rec - Company Management Recommended Vote | Page 87 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
1.9 | Elect Director George J. Mitchell — For | |||||||||||||||
1.10 | Elect Director Leo J. O’Donovan, S.J. — For | |||||||||||||||
1.11 | Elect Director Gary L. Wilson — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Supplier Labor Standards in China | Against | For | ShrHoldr | ||||||||||||
5 | Report on Amusement Park Safety | Against | Against | ShrHoldr | ||||||||||||
05/20/04 - A | The Williams Companies, Inc. *WMB* | 969457100 | 03/26/04 | 31,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/18/04 - A | Thermo Electron Corp. *TMO* | 883556102 | 03/26/04 | 9,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/05/04 - A | Thomas & Betts Corp. *TNB* | 884315102 | 03/15/04 | 3,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
4 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/20/04 - A | Tiffany & Co. *TIF* | 886547108 | 03/25/04 | 8,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/21/04 - A | Time Warner Inc *TWX* | 887317105 | 03/23/04 | 275,698 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Adopt China Principles | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Pay Disparity | Against | Against | ShrHoldr | ||||||||||||
04/29/04 - A | Torchmark Corp. *TMK* | 891027104 | 03/05/04 | 7,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 88 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Divest Investments in Tobacco Companies | Against | Against | ShrHoldr | ||||||||||||
06/02/04 - A | Toys ‘R’ Us, Inc. *TOY* | 892335100 | 04/09/04 | 12,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Require a Majority Vote for the Election of Directors | Against | Against | ShrHoldr | ||||||||||||
05/13/04 - A | Transocean Inc. *RIG* | G90078109 | 03/18/04 | 400 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | APPROVAL OF THE AMENDMENT OF OUR LONG-TERM INCENTIVE PLAN AS DESCRIBED IN THE PROXY STATEMENT. | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
03/19/04 - S | Travelers Property Casualty Corp. | 89420G406 | 02/06/04 | 63,561 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
05/12/04 - A | Tribune Co. *TRB* | 896047107 | 03/17/04 | 20,187 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
05/12/04 - A | Tupperware Corp. *TUP* | 899896104 | 03/15/04 | 3,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/21/04 - A | TXU Corp. *TXU* | 873168108 | 03/22/04 | 1,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
03/25/04 - A | Tyco International Ltd. *TYC* | 902124106 | 03/25/04 | 128,037 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | ADOPTION OF THE AMENDED AND RESTATED BYE-LAWS. | For | For | Mgmt | ||||||||||||
4 | APPROVAL OF TYCO 2004 STOCK AND INCENTIVE PLAN. | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 89 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
5 | SHAREHOLDER PROPOSAL REGARDING ENVIRONMENTAL REPORTING. | For | For | ShrHoldr | ||||||||||||
6 | SHAREHOLDER PROPOSAL TO CHANGE TYCO’S JURISDICTION OF INCORPORATION FROM BERMUDA TO A U.S. STATE. | Against | Against | ShrHoldr | ||||||||||||
7 | SHAREHOLDER PROPOSAL ON COMMON SENSE EXECUTIVE COMPENSATION. | Against | Against | ShrHoldr | ||||||||||||
04/20/04 - A | U.S. Bancorp *USB* | 902973304 | 02/26/04 | 120,334 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
5 | Amend Vote Requirements to Amend Articles/Bylaws/Charter | Against | For | ShrHoldr | ||||||||||||
04/16/04 - A | Union Pacific Corp. *UNP* | 907818108 | 02/06/04 | 16,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
5 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
06/08/04 - A | Union Planters Corp. *UPC* | 908068109 | 04/21/04 | 11,300 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Adjourn Meeting | For | Against | Mgmt | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Unisys Corp. *UIS* | 909214108 | 02/27/04 | 20,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
05/06/04 - A | United Parcel Service, Inc. *UPS* | 911312106 | 03/08/04 | 67,962 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/27/04 - A | United States Steel Corp. *X* | 912909108 | 02/27/04 | 6,420 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 90 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
04/14/04 - A | United Technologies Corp. *UTX* | 913017109 | 02/17/04 | 29,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Disclosure of Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
4 | Develop Ethical Criteria for Military Contracts | Against | Against | ShrHoldr | ||||||||||||
5 | Performance-Based/Indexed Options | Against | For | ShrHoldr | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
05/12/04 - A | UnitedHealth Group Incorporated *UNH* | 91324P102 | 03/15/04 | 38,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
4 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
05/12/04 - A | Univision Communications Inc. *UVN* | 914906102 | 03/15/04 | 19,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director A. Jerrold Perenchio — Withhold | |||||||||||||||
1.2 | Elect Director Fernando Aguirre — For | |||||||||||||||
1.3 | Elect Director Harold Gaba — For | |||||||||||||||
1.4 | Elect Director Alan F. Horn — For | |||||||||||||||
1.5 | Elect Director John G. Perenchio — Withhold | |||||||||||||||
1.6 | Elect Director Ray Rodriguez — Withhold | |||||||||||||||
1.7 | Elect Director McHenry T. Tichenor, Jr. — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/24/04 - A | Unocal Corp. *UCL* | 915289102 | 03/25/04 | 15,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Deferred Compensation Plan | For | For | Mgmt | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
6 | Limit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
7 | Establish Other Board Committee | Against | For | ShrHoldr | ||||||||||||
8 | Report on Greenhouse Gas Emissions | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 91 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
05/13/04 - A | UnumProvident Corporation *UNM* | 91529Y106 | 03/26/04 | 18,018 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
5 | Require Affirmative Vote of the Majority of the Shares to Elect Directors | Against | Against | ShrHoldr | ||||||||||||
6 | Establish Other Board Committee | Against | For | ShrHoldr | ||||||||||||
05/04/04 - A | UST Inc. *UST* | 902911106 | 03/05/04 | 10,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | None | For | ShrHoldr | ||||||||||||
4 | Reduce Nitrosamines in Oral Snuff | Against | Against | ShrHoldr | ||||||||||||
04/28/04 - A | Verizon Communications *VZ* | 92343V104 | 03/01/04 | 172,430 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Restore or Provide for Cumulative Voting | Against | For | ShrHoldr | ||||||||||||
4 | Require Majority of Independent Directors on Board | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
6 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
7 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
8 | Prohibit Awards to Executives | Against | Against | ShrHoldr | ||||||||||||
9 | Report on Stock Option Distribution by Race and Gender | Against | Against | ShrHoldr | ||||||||||||
10 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
11 | Cease Charitable Contributions | Against | Against | ShrHoldr | ||||||||||||
04/27/04 - A | VF Corp. *VFC* | 918204108 | 03/09/04 | 4,800 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Edward E. Crutchfield — Withhold | |||||||||||||||
1.2 | Elect Director George Fellows — Withhold | |||||||||||||||
1.3 | Elect Director Daniel R. Hesse — Withhold | |||||||||||||||
1.4 | Elect Director Clarence Otis, Jr. — For | |||||||||||||||
2 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 92 |
dVote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
4 | Declassify the Board of Directors | Against | For | ShrHoldr | ||||||||||||
5 | Adopt ILO Based Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
05/12/04 - A | Visteon Corporation *VC* | 92839U107 | 03/15/04 | 8,035 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | Against | ShrHoldr | ||||||||||||
6 | Amend and Report on an International Code of Conduct | Against | Against | ShrHoldr | ||||||||||||
7 | Permit Voting Leverage for Shareowners | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | Vulcan Materials Co. *VMC* | 929160109 | 03/15/04 | 6,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Restricted Stock Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/28/04 - A | W.W. Grainger, Inc. *GWW* | 384802104 | 03/01/04 | 5,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Wachovia Corp. *WB* | 929903102 | 02/18/04 | 83,196 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Require Two Candidates for Each Board Seat | Against | Against | ShrHoldr | ||||||||||||
4 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
5 | Separate Chairman and CEO Positions | Against | Against | ShrHoldr | ||||||||||||
06/04/04 - A | Wal-Mart Stores, Inc. *WMT* | 931142103 | 04/05/04 | 262,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
6 | Separate Chairman and CEO Positions | Against | For | ShrHoldr | ||||||||||||
7 | Prepare Sustainability Report | Against | For | ShrHoldr | ||||||||||||
8 | Report on Stock Option Distribution by Race and Gender | Against | For | ShrHoldr | ||||||||||||
9 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 93 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
10 | Prepare Diversity Report | Against | For | ShrHoldr | ||||||||||||
11 | Submit Executive Compensation to Vote | Against | For | ShrHoldr | ||||||||||||
01/14/04 - A | Walgreen Co. *WAG* | 931422109 | 11/17/03 | 68,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Non-Employee Director Omnibus Stock Plan | For | Against | Mgmt | ||||||||||||
04/20/04 - A | Washington Mutual, Inc *WM* | 939322103 | 02/27/04 | 55,874 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
05/14/04 - A | Waste Management, Inc. *WMI* | 94106L109 | 03/19/04 | 35,535 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
05/04/04 - A | Waters Corp. *WAT* | 941848103 | 03/15/04 | 7,500 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Joshua Bekenstein — For | |||||||||||||||
1.2 | Elect Director M.J. Berendt, Ph.D. — For | |||||||||||||||
1.3 | Elect Director Douglas A. Berthiaume — For | |||||||||||||||
1.4 | Elect Director Philip Caldwell — For | |||||||||||||||
1.5 | Elect Director Edward Conard — Withhold | |||||||||||||||
1.6 | Elect Director L.H. Glimcher, M.D. — For | |||||||||||||||
1.7 | Elect Director William J. Miller — For | |||||||||||||||
1.8 | Elect Director Thomas P. Salice — Withhold | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt | ||||||||||||
05/17/04 - A | Watson Pharmaceuticals, Inc. *WPI* | 942683103 | 03/19/04 | 5,600 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Review Executive Compensation | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 94 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
06/28/04 - S | WellPoint Health Networks Inc. *WLP* | 94973H108 | 05/10/04 | 9,200 | ||||||||||||
1 | Approve Merger Agreement | For | For | Mgmt | ||||||||||||
04/27/04 - A | Wells Fargo & Company *WFC* | 949746101 | 03/09/04 | 104,730 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director J.A. Blanchard III — For | |||||||||||||||
1.2 | Elect Director Susan E. Engel — For | |||||||||||||||
1.3 | Elect Director Enrique Hernandez, Jr. — For | |||||||||||||||
1.4 | Elect Director Robert L. Joss — For | |||||||||||||||
1.5 | Elect Director Reatha Clark King — For | |||||||||||||||
1.6 | Elect Director Richard M. Kovacevich — For | |||||||||||||||
1.7 | Elect Director Richard D. McCormick — For | |||||||||||||||
1.8 | Elect Director Cynthia H. Milligan — For | |||||||||||||||
1.9 | Elect Director Philip J. Quigley — For | |||||||||||||||
1.10 | Elect Director Donald B. Rice — Withhold | |||||||||||||||
1.11 | Elect Director Judith M. Runstad — Withhold | |||||||||||||||
1.12 | Elect Director Stephen W. Sanger — For | |||||||||||||||
1.13 | Elect Director Susan G. Swenson — For | |||||||||||||||
1.14 | Elect Director Michael W. Wright — Withhold | |||||||||||||||
2 | Approve Retirement Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Limit Executive Compensation | Against | Against | ShrHoldr | ||||||||||||
6 | Link Executive Compensation to Social Issues | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Political Contributions/Activities | Against | Against | ShrHoldr | ||||||||||||
04/22/04 - A | Wendy’s International, Inc. *WEN* | 950590109 | 03/01/04 | 7,200 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
04/13/04 - A | Weyerhaeuser Co. *WY* | 962166104 | 02/20/04 | 13,800 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Omnibus Stock Plan | For | For | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 95 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote | Record | Prpnent | Shares Voted | |||||||||
3 | Declassify the Board of Directors | Against | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
5 | Implement Restricted Share Executive Compensation Plan | Against | For | ShrHoldr | ||||||||||||
6 | Report on Greenhouse Gas Emissions | Against | Against | ShrHoldr | ||||||||||||
7 | Develop Policy Regarding Old Growth Forests | Against | Against | ShrHoldr | ||||||||||||
8 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/20/04 - A | Whirlpool Corp. *WHR* | 963320106 | 02/27/04 | 4,300 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
10/08/03 - A | Winn-Dixie Stores, Inc. *WIN* | 974280109 | 08/01/03 | 9,700 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Amend Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Ratify Auditors | For | For | Mgmt | ||||||||||||
09/25/03 - A | Worthington Industries Inc. *WOR* | 981811102 | 08/01/03 | 5,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Amend Non-Employee Director Stock Option Plan | For | For | Mgmt | ||||||||||||
3 | Approve Stock Option Plan | For | For | Mgmt | ||||||||||||
4 | Amend Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
5 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/22/04 - A | Wyeth *WYE* | 983024100 | 03/12/04 | 82,000 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Report on Drug Pricing | Against | Against | ShrHoldr | ||||||||||||
4 | Amend Animal Testing Policy | Against | Against | ShrHoldr | ||||||||||||
05/20/04 - A | Xcel Energy Inc. *XEL* | 98389B100 | 03/22/04 | 12,310 | ||||||||||||
1 | Declassify the Board of Directors | For | For | Mgmt | ||||||||||||
2 | Elect Directors | For | For | Mgmt | ||||||||||||
3 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
05/20/04 - A | Xerox Corp. *XRX* | 984121103 | 03/23/04 | 100 | ||||||||||||
1 | Elect Directors | For | Split | Mgmt | ||||||||||||
1.1 | Elect Director Glenn A. Britt — For | |||||||||||||||
1.2 | Elect Director Richard J. Harrington — For |
Mgmt Rec - Company Management Recommended Vote | Page 96 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
1.3 | Elect Director William Curt Hunter — For | |||||||||||||||
1.4 | Elect Director Vernon E. Jordan, Jr. — Withhold | |||||||||||||||
1.5 | Elect Director Hilmar Kopper — For | |||||||||||||||
1.6 | Elect Director Ralph S. Larsen — For | |||||||||||||||
1.7 | Elect Director Anne M. Mulcahy — For | |||||||||||||||
1.8 | Elect Director N.J. Nicholas, Jr. — For | |||||||||||||||
1.9 | Elect Director John E. Pepper — For | |||||||||||||||
1.10 | Elect Director Ann N. Reese — For | |||||||||||||||
1.11 | Elect Director Stephen Robert — For | |||||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Approve Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
4 | Approve Non-Employee Director Omnibus Stock Plan | For | For | Mgmt | ||||||||||||
08/07/03 - A | Xilinx, Inc. *XLNX* | 983919101 | 06/09/03 | 23,900 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
04/30/04 - A | Xl Capital Ltd (Formerly Exel Ltd. ) *XL* | G98255105 | 03/15/04 | 8,500 | ||||||||||||
Meeting for Holders of ADRs | ||||||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
05/21/04 - A | Yahoo!, Inc. *YHOO* | 984332106 | 03/25/04 | 39,900 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Amend Employee Stock Purchase Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Expense Stock Options | Against | For | ShrHoldr | ||||||||||||
05/20/04 - A | Yum Brands, Inc. *YUM* | 988498101 | 03/22/04 | 18,020 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Approve Executive Incentive Bonus Plan | For | For | Mgmt | ||||||||||||
3 | Ratify Auditors | For | For | Mgmt | ||||||||||||
4 | Adopt Smoke-Free Restaurant Policy | Against | Against | ShrHoldr | ||||||||||||
5 | Prepare a Sustainability Report | Against | For | ShrHoldr | ||||||||||||
6 | Adopt MacBride Principles | Against | Against | ShrHoldr | ||||||||||||
7 | Report on Genetically Modified Organisms (GMO) | Against | Against | ShrHoldr | ||||||||||||
8 | Report on Animal Welfare Standards | Against | Against | ShrHoldr |
Mgmt Rec - Company Management Recommended Vote | Page 97 |
Vote Summary Report
Jul 01, 2003 - Jun 30, 2004
AIT Equity Index Fund
Mtg Date/Type | Company/ Ballot Issues | Security | Mgmt | Vote Cast | Record | Prpnent | Shares Voted | |||||||||
07/22/03 – S | Zimmer Holdings Inc *ZMH* | 98956P102 | 06/16/03 | 13,770 | ||||||||||||
1 | Issue Shares in Connection with an Acquisition | For | For | Mgmt | ||||||||||||
05/10/04 - A | Zimmer Holdings Inc *ZMH* | 98956P102 | 03/15/04 | 14,870 | ||||||||||||
1 | Elect Directors | For | Withhold | Mgmt | ||||||||||||
2 | Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote | Against | For | ShrHoldr | ||||||||||||
3 | Ratify Auditors | Against | For | ShrHoldr | ||||||||||||
04/30/04 - A | Zions Bancorporation *ZION* | 989701107 | 02/23/04 | 5,500 | ||||||||||||
1 | Elect Directors | For | For | Mgmt | ||||||||||||
2 | Ratify Auditors | For | For | Mgmt | ||||||||||||
3 | Other Business | For | Against | Mgmt |
Mgmt Rec - Company Management Recommended Vote | Page 98 |
AIT Select Investment Grade Income Fund
Because it invests exclusively in fixed-income securities, AIT Select Investment Grade Income Fund does not vote proxies in connection with securities held in its portfolio.
AIT Government Bond Fund
Because it invests exclusively in fixed-income securities, AIT Government Bond Fund does not vote proxies in connection with securities held in its portfolio.
AIT Money Market Fund
Because it invests exclusively in fixed-income securities, AIT Money Market Fund does not vote proxies in connection with securities held in its portfolio.
Page 1 of 1 |
SIGNATURES:
Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Allmerica Investment Trust
By | (Signature & Title) | /s/ John P. Kavanaugh | ||
John P. Kavanaugh, President |
Date August 18, 2004