003 · Benchmarks
California Teachers.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Public Equity | Public Equity | 38% | 30–46%+/- 8% | — |
| Private Equity | Private Equity | 14% | 9–19%+/- 5% | — |
| Real Estate | Real Estate | 15% | 10–20%+/- 5% | — |
| Inflation Sensitive | Real Assets / Infrastructure | 7% | 2–12%+/- 5% | — |
| Collaborative Strategies | Multi-Asset / Other | 0% | 0–5% | — |
| Risk Mitigating Strategies | Multi-Asset / Other | 10% | 5–15%+/- 5% | — |
| Fixed Income | Fixed Income | 14% | 9–19%+/- 5% | — |
| Cash/Liquidity | Cash | 2% | 0–5% | — |
| Cash and Liquidity | Cash | — | — | 3-Month T-Bill90-day Treasury Bill Index |
| Total Public Equity | Public Equity | — | — | Global Equity benchmark (reflected within Global Equity policy) |
| Other asset classes | Multi-Asset / Other | — | — | See asset class policies |