003 · Benchmarks
Nevada PERS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| U.S. Equity | Public Equity | 34% | — | S&P 500S&P 500 Index |
| International Equity | Public Equity | 14% | — | MSCI World ex USAMSCI World ex USA Index |
| U.S. Bonds | Fixed Income | 34% | — | Bloomberg US TreasuryBloomberg U.S. Treasury Index |
| Private Markets | Multi-Asset / Other | 15% | 10–20% | — |
| Short-term Investments | Cash | 3% | 1–5% | Prevailing short-term rates |
| Private Real Estate | Real Estate | 10% | — | Expanded NCREIF NPI less 0.75% per yearExpanded NCREIF Property Index less 0.75% per year |
| Private Equity | Private Equity | 5% | — | S&P 500 +3% per yearS&P 500 Index +3% per year |
| U.S. Equity (Liquid Asset) | Public Equity | — | 39.3–45.9% | — |
| International Equity (Liquid Asset) | Public Equity | — | 15.3–19.2% | — |