003 · Benchmarks
Austin ERS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Global Equities | Public Equity | 45% | 38–52% | MSCI ACWI IMI with USA GrossMSCI ACWI IMI with USA Gross (Net) Index |
| Private Equity | Private Equity | 8% | 5–10% | Burgiss Global PE FundsBurgiss Global PE Funds Index |
| Real Assets | Real Assets / Infrastructure | 15% | 12–19% | Blended weighted average of primary composite benchmarks (Real Estate: NCREIF ODCE Net EWA, Infrastructure: Burgiss Global Infrastructure Funds , Gold: Bloomberg Gold Subindex )Blended weighted average of primary composite benchmarks (Real Estate: NCREIF ODCE Net EWA, Infrastructure: Burgiss Global Infrastructure Funds Index, Gold: Bloomberg Gold Subindex Total Return) |
| Private Credit | Private Credit / Debt | 10% | 7–13% | LSTA Leveraged Loans + 2%LSTA Leveraged Loans Index +200 bps |
| Fixed Income | Fixed Income | 21% | 18–28% | Bloomberg US Aggregate BondBloomberg US Aggregate Bond Index |
| Cash & Equivalents | Cash | 1% | 0–10% | Bloomberg US Treasury Bills 1-3-MonthBloomberg US Treasury Bills 1-3 Month Index |