Asset Allocation

The following is SBCERA's current asset allocation targets and ranges approved by the Board as of July 7, 2016.

Asset Allocation and Plan Size as of December 31, 2016 
$8,796,477,524

Asset Class

Allocation as of 12/31/2016

Target Allocation

Target Ranges

Domestic Equities

14.2%

13.0%

8-18%

International Equities

17.7%

15.0%

10-20%

U.S. Fixed Income

16.8%

15.0%

10-20%

Global Fixed Income

13.2%

18.0%

13-23%

Real Estate

6.3%

9.0%

0-14%

Private Equity

13.6%

16.0%

6-21%

Real Assets

4.8%

5.0%

0-10%

Absolute Return

11.5%

7.0%

0-12%

Cash

1.9%

2.0%

0-10%

Total

100.0%

100.0%