003 · Benchmarks
Kentucky Public Pensions Authority.
Targets, ranges and benchmarks as the document states them — the KERS Hazardous and SPRS portfolio, one of 2 in the document. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Public Equity | Public Equity | — | — | Russell 3000 |
| Private Equity | Private Equity | — | — | Russell 3000 + 3%Russell 3000 + 300 bps (lagged) |
| Core Fixed Income | Fixed Income | — | — | Bloomberg US Aggregate |
| Specialty Credit | Private Credit / Debt | — | — | 50% Bloomberg US High Yield/ 50% Morningstar LSTA US Leveraged Loan |
| Real Estate | Real Estate | — | — | NCREIF ODCE |
| Real Return | Real Assets / Infrastructure | — | — | CPI+ 3%US CPI+ 3% |
| Cash Equivalent Securities | Cash | — | — | 3-Month T-BillCiti Grp 3-mos Treasury Bill |