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LACERA - Investments Home > Asset Allocation |
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ASSET ALLOCATION |
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| A pension fund's strategic asset allocation policy, implemented in a consistent and disciplined manner, is generally recognized to have the most impact on a fund's investment performance. The asset allocation process determines a fund's optimal long-term asset class mix (target allocation), which is expected to achieve a specific set of investment objectives. |
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| December 31, 2008 |
Actual |
Target |
| Domestic Equity |
25.8% |
30% |
| Intl Equity |
16.6% |
21% |
| Fixed lncome |
31.2% |
28% |
| Real Estate |
13.6% |
10% |
| Private Equity |
10.3% |
7% |
| Cash |
1.4% |
2% |
| Commodities |
1.1% |
2% |
| TOTALS |
100% |
100% |
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| June 30, 2008 |
Actual |
Target |
| Domestic Equity |
29.5% |
30% |
| Intl Equity |
21.3% |
21% |
| Fixed lncome |
28.5% |
28% |
| Real Estate |
10.4% |
10% |
| Private Equity |
8.3% |
7% |
| Cash |
0.5% |
2% |
| Commodities |
1.5% |
2% |
| TOTALS |
100% |
100% |
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3/31/09
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