Fall 2005 - Halliburton

Performance Notes
The Bond Index, Balanced, Large Cap Value Equity,
S&P 500 Index, Large Cap Growth Equity, Non-U.S.
Equity, and Small Cap Equity Funds were not in
existence until April 1, 1999. The Mid Cap Equity Index
Fund was not in existence until January 1, 2005. The
Conservative Premixed Portfolio will be introduced in
January 2006 and the performance data presented in
this newsletter is proforma.
In order to provide comparative historical returns, the
managers’ return of their Halliburton Trust account is
shown. If the Halliburton Trust had not employed a
manager for the periods presented, the firm’s
composite account return was added. All rates of
return are net of expenses. Your rate of return may vary
depending on your account activity (e.g., contributions,
withdrawals, transfers, loans, etc.) and your plan’s
administration expenses.
To help you better understand how your funds are
performing, the funds are compared with composite
returns or with appropriate indexes. The composites
are created by blending together index returns in
proportion to the investment policy of each fund (see
chart). Because there are no indices comparable to the
Stable Value Premixed Portfolio’s investments, we
compare its return with money market funds tracked by
iMoneyNet.
The performance data represent past performance,
and no assurance can be made regarding future
results.
Index Definitions*
iMoneyNet Money Market Fund Average is an index of
over 700 money market funds.
Lehman Aggregate Bond Index is an index of U.S.
bonds, including government, corporate, mortgagebacked,
and asset-backed securities.
Merrill Lynch High Yield Bond Index is an index of U.S.
corporate bonds that are rated less than investment
grade but are not in default.
MSCI (Morgan Stanley Capital International) All
Country World Index (ACWI) ex. U.S. is an index of
non-U.S. stocks listed on the exchanges of developed
and emerging markets.
MSCI EAFE Index is an index of non-U.S. stocks listed
on the exchanges of Europe, Australasia, and the Far
East.
MSCI Emerging Market Free Index is an index of non-
U.S. stocks traded in emerging markets.
Russell 1000 Growth Index focuses on the 1,000 largest
companies in the Russell 3000 Index that have lower
dividend yields and above-average growth rates.
Russell 1000 Value Index focuses on the 1,000 largest
companies in the Russell 3000 Index that have higher
dividend yields and below-average growth rates.
Russell 2000 Index measures the performance of the
2,000 smallest companies in the Russell 3000 Index.
Russell 3000 Index measures the performance of the
3,000 largest U.S. companies based on total market
capitalization. It is used as a general measure of U.S.
stock market performance.
Standard & Poor’s 500 Index is a popular standard for
measuring large-cap U.S. stock market performance.
The index includes a representative sample of 500
leading companies in prominent industries.
Standard & Poor’s MidCap 400 Index is a popular
standard for measuring mid-cap U.S. stock market
performance. The index includes a representative
sample of 400 leading companies in prominent
industries with a market capitalization of approximately
$1 – $4 billion.
*You cannot invest in any of these indexes. Fund holdings will differ
from index holdings.
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