003 · Benchmarks
Boston RS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Total Equity | Public Equity | 52% | — | — |
| Domestic Large Cap Equity | Public Equity | 19% | — | Russell 1000Russell 1000 Index |
| Domestic Small Cap Equity | Public Equity | 6% | — | Russell 2000Russell 2000 Index |
| Developed International Equity | Public Equity | 19% | — | MSCI EAFEMSCI EAFE (net) |
| Emerging International Equity | Public Equity | 8% | — | MSCI EMMSCI EM (net) |
| Total Fixed Income | Fixed Income | 24% | — | — |
| Core Bonds/TIPS | Fixed Income | 11% | — | 60% BC Aggregate + 40% BC TIPS60% BC Aggregate & 40% BC TIPS |
| High Yield/Credit Strategies | Fixed Income | 9% | — | Bloomberg US High YieldBarclay's Capital High Yield |
| Global Bonds | Fixed Income | 0% | — | Citi WGBI |
| Emerging Market Debt | Fixed Income | 4% | — | 50% JPM GBI-EM + 50% JPM EMBI50% JPM GBI-EM I 50% JPM EMBI |
| Alternative Assets | Multi-Asset / Other | 24% | — | — |
| Real Estate | Real Estate | 10% | — | NCREIF NPINCREIF Property Index (1 Qtr Lag) |
| Private Equity | Private Equity | 7% | — | Cambridge US All PECambridge Associates US All PE (1 Qtr Lag) |
| Private Debt | Private Credit / Debt | 2% | — | CS Leveraged LoanCredit Suisse Leveraged Loan Index |
| Hedge Funds | Hedge Funds / Absolute Return | 5% | — | HFRI Fund of FundsHFRI Fund of Funds Index |
| Cash/Other | Cash | 10% | — | — |