Asset Allocation

The following is SBCERA's current asset allocation targets and ranges approved by the Board as of July 6, 2017.

Asset Allocation and Plan Size as of September 30, 2017 
$9,666,461,859

Asset Class

Allocation as of 9/30/2017

Target Allocation

Target Ranges

Domestic Equities

15.7%

13.0%

8-18%

International Equities

17.7%

15.0%

10-20%

U.S. Fixed Income

16.7%

15.0%

10-20%

Global Fixed Income

12.8%

18.0%

13-23%

Real Estate

4.4%

9.0%

0-14%

Private Equity

14.1%

16.0%

6-21%

Real Assets

4.2%

5.0%

0-10%

Absolute Return

6.6%

7.0%

0-12%

Cash

7.6%

2.0%

0-10%

Total

100.0%

100.0%