Asset Allocation

The following is SBCERA's current asset allocation targets and ranges approved by the Board as of July 11, 2019.

Asset Allocation and Plan Size as of June 30, 2019 
$10,459,614,886

Asset Class

Allocation as of 6/30/2019

Target Allocation

Target Ranges

Domestic Equities

10.2%

13.0%

8-18%

International Equities

18.2%

15.0%

10-20%

U.S. Fixed Income

13.7%

15.0%

10-20%

Global Fixed Income

15.6%

20.0%

13-23%

Real Estate

4.1%

7.0%

0-14%

Private Equity

16.1%

16.0%

6-21%

Real Assets

4.6%

5.0%

0-10%

Absolute Return

11.9%

7.0%

0-12%

Cash

5.6%

2.0%

0-10%

Total

100.0%

100.0%