Reporting Services (ERS)
Asset Allocation
The following is SBCERA's current asset allocation targets and ranges for the Board approved respective asset classes. The expected return from the SBCERA Board approved asset allocation is 8.50% annually. The actuarial rate that SBCERA must achieve to meet fund obligations is 8.00%.
|
Asset Allocation and Plan Size as of 3/31/10 |
|||
|
Asset Class |
Allocation as of 3/31/10 |
Target Allocation |
Target Ranges |
|
|
|||
|
Domestic Equities |
|||
|
Total Domestic Equity |
14.3% |
10.0% |
5.0% - 15.0% |
|
|
|||
|
International Equities |
|||
|
Developed Market International Equity |
11.0% |
7.0% |
|
|
Emerging Market Equity |
3.0% |
3.0% |
|
|
Total International Equity |
14.0% |
10.0% |
5.0% - 15.0% |
|
|
|||
|
Domestic Fixed Income |
|||
|
Core |
4.3% |
8.0% |
|
|
Credit |
14.6% |
13.0% |
|
|
Total Domestic Fixed |
18.9% |
21.0% |
16.0% - 26.0% |
|
|
|||
|
Global Fixed Income |
|||
|
Global Fixed |
4.8% |
9.0% |
|
|
Emerging Market Debt |
4.0% |
4.0% |
|
|
Total Global Fixed |
8.8% |
13.0% |
8.0% - 18.0% |
|
|
|||
|
Real Estate |
|||
|
Total Real Estate |
9.0% |
10.0% |
0.0% - 3.0% |
|
|
|||
|
Timber |
|||
|
Total Timber |
3.6% |
3.0% |
0.0% - 8.0% |
|
|
|||
|
Private Equity |
|||
|
Total Private Equity |
17.6% |
16.0% |
0.0% - 17.0% |
|
|
|||
|
Hedge Funds |
|||
|
Total Hedge Funds |
9.5% |
10.0% |
0.0% - 12.0% |
|
|
|||
|
Infrastructure |
|||
|
Total Infrastructure |
0.9% |
2.0% |
0.0% - 7.0% |
|
|
|||
|
Commodities |
|||
|
Total Commodities |
2.4% |
3.0% |
0.0% - 8.0% |
|
|
|||
|
Cash |
|||
|
Total Cash |
1.0% |
2.0% |
0.0% - 10.0% |
|
|
|||
|
Total Fund |
100.0% |
100.0% |
|
Printable Version
