003 · Benchmarks

Omaha School.

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

Asset class Bucket Target Range Benchmark
U.S. Equities Public Equity 27% 22–32% DJ US Total Stock MarketDJ US Total Stock Market Index
International Equities Public Equity 11.5% 6.5–16.5% MSCI ACWI ex US IMIMSCI All Country World Index ex-U.S. IMI
Global Equities Public Equity 19% 14–24% MSCI ACWI IMIMSCI All Country World IMI
Fixed Income Fixed Income 30% 25–35% Bloomberg US Universal BondBloomberg Barclays Universal Index
Real Estate Real Estate 7.5% NCREIF ODCENFI-ODCE Index
Private Equity Private Equity 5% DJ US Total Stock Market + 3% netDJ US Total Stock Market Index + 3% net
individual managers Multi-Asset / Other ±3% of target allocation

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