003 · Benchmarks
Connecticut Retirement Plans and Trust Funds.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Global Equity | Public Equity | 37% | — | MSCI ACWI IMI NetMSCI All Country World IMI Net Index |
| Core Fixed Income | Fixed Income | 13% | — | Blend: Bloomberg US Aggregate Bond and Bloomberg US TreasuriesBlend: Bloomberg Barclays U.S. Aggregate Bond and Bloomberg Barclays U.S. Treasuries Index |
| Non-Core Fixed Income | Fixed Income | 2% | — | Bloomberg US High Yield 2% Issuer CapBloomberg Barclays U.S. High Yield 2% Issuer Cap Index |
| Private Equity | Private Equity | 15% | — | Russell 3000 + 2.5%Russell 3000 + 250 basis points |
| Private Credit | Private Credit / Debt | 10% | — | S&P / LSTA Leveraged Loan + 1.5%S&P / LSTA Leveraged Loan Index + 150 basis points |
| Absolute Return | Hedge Funds / Absolute Return | 5% | — | Blend: Dynamic weighted strategy (HFRX) |
| Real Estate | Real Estate | 10% | — | Open End Diversified Core Equity (NCREIF ODCE )Open End Diversified Core Equity (NFI-ODCE Index) |
| Infrastructure and Natural Resources | Real Assets / Infrastructure | 7% | — | CPI-U + 4%CPI-U + 400 basis points |
| Liquidity (Cash Equivalents) | Cash | 1% | — | US 3-Month T-BillU.S. 3-Month T-Bill Index |