003 · Benchmarks
Providence ERS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Domestic Equities | Public Equity | 39.25% | 34.25–44.25% | — |
| International Equities (Developed Markets) | Public Equity | 13.25% | 8.25–18.25% | — |
| International Equities (Emerging Markets) | Public Equity | 1.5% | 0–3% | — |
| Fixed Income (including International) | Fixed Income | 29% | 24–34% | Customized |
| Hedge Funds | Hedge Funds / Absolute Return | 13% | 8–18% | T-Bill + 4%T-Bills plus 4% |
| Private Equity | Private Equity | 4% | 0–6% | S&P 500 + 3%S&P 500 plus 3% |
| Domestic Equity | Public Equity | — | — | Customized |
| International Equity | Public Equity | — | — | Customized |