003 · Benchmarks
Jacksonville 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 | 30% | 20–40% | — |
| International Securities | Multi-Asset / Other | 23% | 13–25% | — |
| Fixed Income | Fixed Income | 20% | 10–30% | Bloomberg US Universal BondBloomberg Barclays US Universal Bond Index |
| Real Estate | Real Estate | 15% | 0–20% | — |
| Diversifying Assets | Hedge Funds / Absolute Return | 12% | 0–20% | — |
| Cash | Cash | 0% | 0–10% | — |
| Domestic Equity | Public Equity | — | — | Russell 3000Russell 3000 Index |
| International Equity | Public Equity | — | — | MSCI ACWI ex-USMSCI All Country World EX-US Index |
| Core Real Estate | Real Estate | — | — | NCREIF ODCENCREIF ODCE Index |
| Non-Core Real Estate | Real Estate | — | — | NCREIF ODCE plus 2% premiumNCREIF ODCE Index plus 2% premium |