003 · Benchmarks
Oregon PERS.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Public Equity | Public Equity | 27.5% | 22.5–32.5% | MSCI ACWI IMI Net (, Unhedged)MSCI ACWI IMI Net (Net Dividend, Unhedged) |
| Private Equity | Private Equity | 20% | 15–27.5% | Russell 3000 + 3%Russell 3000 + 300 bps |
| Total Equity | Public Equity | 47.5% | 42.5–52.5% | — |
| Fixed Income | Fixed Income | 25% | 20–30% | Bloomberg US AggregateBloomberg U.S. Aggregate Index |
| Real Estate | Real Estate | 12.5% | 7.5–17.5% | NCREIF-ODCE + 0.5%NCREIF-ODCE + 50 bps |
| Real Assets | Real Assets / Infrastructure | 7.5% | 2.5–10% | CPI+ 4%CPI+ 400 bps |
| Diversifying Strategies | Hedge Funds / Absolute Return | 7.5% | 2.5–10% | HFRI FoF ConservativeHFRI FOF Conservative Index |
| Opportunity Portfolio | Multi-Asset / Other | 0% | 0–5% | OPERF Total PortfolioOPERF Total Portfolio Index |