003 · Benchmarks
Iowa Municipal Fire and Police.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Core Investments | Multi-Asset / Other | 0.44% | — | — |
| Strategic Investments | Multi-Asset / Other | 0.33% | — | — |
| Illiquid Investments | Multi-Asset / Other | 0.23% | 0–15.23%±15% of target | Not specified in policy |
| Core - Domestic Equity | Public Equity | 0.261% | — | — |
| Core - International Equity | Public Equity | 0.227% | — | — |
| Core - Fixed Income | Fixed Income | 0.216% | — | — |
| Core - Real Estate | Real Estate | 0.114% | — | — |
| Core - Infrastructure | Real Assets / Infrastructure | 0.114% | — | — |
| Core - Absolute Return | Hedge Funds / Absolute Return | 0.068% | — | — |
| Strategic - Global Equity | Public Equity | 0.75% | — | — |
| Strategic - Global Fixed Income | Fixed Income | 0.25% | — | — |
| Illiquid - Private Equity | Private Equity | 0.783% | — | — |
| Illiquid - Private Credit | Private Credit / Debt | 0.217% | — | — |
| Core and Strategic Investments | Multi-Asset / Other | — | ±7.5% of target | — |
| Core Portfolio | Multi-Asset / Other | — | — | Specified composite (determined and reviewed by Board)Specified composite index (determined and reviewed by Board) |
| Strategic Portfolio | Multi-Asset / Other | — | — | 75% global equity / 25% fixed income composite75% global equity / 25% fixed income composite index |