003 · Benchmarks
Oklahoma Police.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Fixed Income | Fixed Income | 25% | 15–35% | — |
| Core Bonds | Fixed Income | 10% | 5–15% | Bloomberg US AggregateBloomberg US Aggregate Index |
| Multi-Sector | Multi-Asset / Other | 10% | 5–15% | — |
| Absolute Return | Hedge Funds / Absolute Return | 5% | 0–10% | — |
| Equities | Public Equity | 65% | 55–75% | — |
| U.S. Large Cap | Public Equity | 20% | 15–25% | — |
| U.S. Small/Mid Cap | Public Equity | 10% | 5–15% | — |
| International Equity | Public Equity | 20% | 15–25% | MSCI ACWI ex US NetDivMSCI ACWI ex US NetDiv Index |
| Private Equity | Private Equity | 15% | 5–20% | ACWIACWI Index |
| Real Assets | Real Assets / Infrastructure | 10% | 5–15% | — |
| Core Real Estate | Real Estate | 5% | 0–10% | NCREIF ODCE NetNFI ODCE Net Index |
| Opportunistic Real Estate | Real Estate | 5% | 0–10% | NCREIF ODCE NetNFI ODCE Net Index |
| U.S. Large Cap Equity | Public Equity | — | — | Not explicitly specified in main policy; see asset class policies |
| U.S. Small/Mid Cap Equity | Public Equity | — | — | Russell 2000 or Russell 2500Russell 2000 or Russell 2500 Index |
| Multi-Sector Fixed Income | Fixed Income | — | — | Relevant style/blended benchmark depending on mandate |
| Absolute Return Fixed Income | Fixed Income | — | — | Relevant benchmark |