003 · Benchmarks
Jacksonville Police and Fire.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Domestic Equities | Public Equity | 37% | 32–42% | Russell 3000Russell 3000 Index |
| International Equities | Public Equity | 20% | 15–25% | MSCI AC World ex-USMSCI AC World ex-US Index |
| Fixed Income | Fixed Income | 20% | 15–25% | Bloomberg US Universal BondBloomberg Barclays Universal Index |
| Core Real Estate | Real Estate | 10% | 5–15% | NCREIF NPI - ODCENCREIF Property Index - ODCE |
| Non-Core Real Estate | Real Estate | 5% | 0–10% | NCREIF NPI - ODCENCREIF Property Index - ODCE |
| Private Credit | Private Credit / Debt | 8% | 0–13% | Appropriate alternative investment indices |
| Cash Equivalents | Cash | — | — | Average 90-Day T-Bill RateAverage 90-Day Treasury Bill Rate |