The board shall annually prepare reports on the investment performance of each fund under its control. The reports must be uniform and must include:

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1.    A list of the advisory services managing investments for the board.

2.    A list of investments at market value, compared to previous reporting period, of each fund managed by each advisory service.

3.    Earnings, percentage earned, and change in market value of each fund’s investments.

4.    Comparison of the performance of each fund managed by each advisory service to other funds under the board’s control and to generally accepted market indicators.