003 · Benchmarks
Nevada Regular Employees.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| U.S. Equity | Public Equity | 42% | 45.3–52.4% | S&P 500S&P 500 Index |
| International Equity | Public Equity | 18% | 18.6–22.9% | MSCI World ex USAMSCI World ex USA Index |
| U.S. Bonds | Fixed Income | 28% | 26.8% minimum | Barclays US TreasuryBarclays U.S. Treasury Index |
| Private Markets | Multi-Asset / Other | 12% | 8–16% | — |
| Private Equity | Private Equity | 6% | 4–8% | S&P 500 +3% per yearS&P 500 Index +3% per year |
| Private Real Estate | Real Estate | 6% | 4–8% | NCREIF NPI less 0.75% per yearNCREIF Property Index less 0.75% per year |