003 · Benchmarks
Ohio Teachers.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Domestic Equity | Public Equity | 19.25% | 14.25–24.25%+/- 5 | Russell 3000Russell 3000 Index |
| International Equity | Public Equity | 15.75% | 10.75–20.75%+/- 5 | International Blended Benchmark: 80% MSCI World ex-US -Net (50% hedged currency), 20% MSCI Emerging Markets -NetInternational Blended Benchmark: 80% MSCI World ex-U.S. Index-Net (50% hedged currency), 20% MSCI Emerging Markets Index-Net |
| Private Equity | Private Equity | 9% | -3 / +5 | Cambridge Private Equity & Venture CapitalCambridge Associates Private Equity & Venture Capital Index |
| Private Credit | Private Credit / Debt | 10% | 5–15%+/- 5 | Cambridge Private CreditCambridge Associates Private Credit Index |
| Liquid Alternatives | Multi-Asset / Other | 7% | 2–12%+/- 5 | SG Multi Alternative Risk PremiaSG Multi Alternative Risk Premia Index |
| Core Plus Fixed Income | Fixed Income | 21.5% | -5 / +6 | Bloomberg US UniversalBloomberg U.S. Universal Index |
| Liquid Treasury Portfolio | Fixed Income | 5.5% | 0–11%+/- 5.5 | Bloomberg US Intermediate TreasuryBloomberg U.S. Intermediate Treasury Index |
| Long Treasury Portfolio | Fixed Income | 3% | -3 / +5 | Bloomberg US Long TreasuryBloomberg U.S. Long Treasury Index |
| Real Estate | Real Estate | 8% | 4–12%+/- 4 | Real Estate Blended Benchmark: 85% NCREIF Fund – ODCE Value-Weight , 15% FTSE NAREIT Equity REITsReal Estate Blended Benchmark: 85% NCREIF Fund Index – ODCE Value-Weight (Net), 15% FTSE NAREIT Equity REITs Index |
| Liquidity Reserve | Cash | 1% | -1 / +4 | 3-Month T-Bill90-Day Treasury Bill |