003 · Benchmarks
Philadelphia Municipal.
Targets, ranges and benchmarks as the document states them. Our copy of the IPS.
| Asset class | Bucket | Target | Range | Benchmark |
|---|---|---|---|---|
| Broad Fixed Income | Fixed Income | 21% | — | — |
| 91 Day T-Bills | Cash | 4% | — | — |
| Opportunistic Credit | Private Credit / Debt | 3% | — | — |
| Emerging Market Debt | Fixed Income | 2% | — | — |
| U.S. All Cap Core Equity | Public Equity | 24% | — | — |
| Broad Non-US Equity | Public Equity | 12% | — | — |
| Emerging Markets Equity | Public Equity | 2% | — | — |
| Global Low Volatility Equity | Public Equity | 8% | — | — |
| Hedge Funds | Hedge Funds / Absolute Return | 0% | — | — |
| Core Real Estate | Real Estate | 7% | — | — |
| Public REITs | Real Estate | 1% | — | — |
| Opportunistic Real Estate | Real Estate | 1% | — | — |
| Global Infrastructure | Real Assets / Infrastructure | 5% | — | — |
| Private Debt | Private Credit / Debt | 2% | — | — |
| Private Equity | Private Equity | 10% | — | — |