003 · Benchmarks

North Dakota PERS.

Targets, ranges and benchmarks as the document states them. Our copy of the IPS.

Asset class Bucket Target Range Benchmark
Global Equity Public Equity 58% 46–66%
Public Equity Public Equity 51% 42–57%
Private Equity Private Equity 7% 4–9%
Global Fixed Income Fixed Income 23% 16–30%
Investment Grade Fixed Income 16% 11–21%
Non-Investment Grade Fixed Income 7% 5–9%
Global Real Assets Real Assets / Infrastructure 19% 10–25%
Global Real Estate Real Estate 11% 5–15%
Other (Infrastructure/Timber) Real Assets / Infrastructure 8% 0–10%
Global Alternatives Multi-Asset / Other 0–10%
Cash Cash 0% 0–2%

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