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 June 30, 2018 
$9,972,950,140

Asset Class

Allocation as of 6/30/2018

Target Allocation

Target Ranges

Domestic Equities

17.0%

13.0%

8-18%

International Equities

18.2%

15.0%

10-20%

U.S. Fixed Income

14.0%

15.0%

10-20%

Global Fixed Income

13.7%

20.0%

13-23%

Real Estate

4.1%

9.0%

0-14%

Private Equity

14.7%

16.0%

6-21%

Real Assets

5.4%

5.0%

0-10%

Absolute Return

9.8%

7.0%

0-12%

Cash

3.1%

2.0%

0-10%

Total

100.0%

100.0%