Asset Allocation

The following is SBCERA's current asset allocation targets and ranges approved by the Board as of July 12, 2018.

Asset Allocation and Plan Size as of September 30, 2018 
$10,376,326,840

Asset Class

Allocation as of 9/30/2018

Target Allocation

Target Ranges

Domestic Equities

12.0%

13.0%

8-18%

International Equities

17.7%

15.0%

10-20%

U.S. Fixed Income

14.1%

15.0%

10-20%

Global Fixed Income

15.4%

20.0%

13-23%

Real Estate

3.9%

7.0%

0-14%

Private Equity

14.9%

16.0%

6-21%

Real Assets

5.1%

5.0%

0-10%

Absolute Return

13.1%

7.0%

0-12%

Cash

3.8%

2.0%

0-10%

Total

100.0%

100.0%