Plan Began Investing in equities
FYE 1999 |
|---|
| 100% Conservative Fixed Income |
Dollar cost averaged into equities to reduce market timing risk
2000 |
|
|---|---|
| 88% Conservative Fixed Income |
13% Public Global Equity |
Act 153 creates RSIC and allows up to 70% allocation to equities
2001 |
|
|---|---|
| 78% Conservative Fixed Income |
23% Public Global Equity |
2002 |
|
|---|---|
| 75% Conservative Fixed Income |
25% Public Global Equity |
2003 |
|
|---|---|
| 65% Conservative Fixed Income |
35% Public Global Equity |
2004 |
|
|---|---|
| 60% Conservative Fixed Income |
40% Public Global Equity |
2005 |
|
|---|---|
| 60% Conservative Fixed Income |
40% Public Global Equity |
2006 |
|
|---|---|
| 50% Conservative Fixed Income |
50% Public Global Equity |
2007 |
|
|---|---|
| 52% Conservative Fixed Income |
48% Public Global Equity |
Plan diversifies after state constitutional amendment allows for full diversification
2008 |
||||
|---|---|---|---|---|
| 34% Conservative Fixed Income |
45% Public Global Equity |
1% Private Equity |
14% Opportunistic |
7% Diversified Credit |
2009 |
|||||
|---|---|---|---|---|---|
| 24% Conservative Fixed Income |
30% Public Global Equity |
7% Private Equity |
15% Opportunistic |
14% Diversified Credit |
10% Real Assets |
2010 |
|||||
|---|---|---|---|---|---|
| 24% Conservative Fixed Income |
30% Public Global Equity |
7% Private Equity |
15% Opportunistic |
14% Diversified Credit |
10% Real Assets |
Increase allocation to Private Equity
2011 |
|||||
|---|---|---|---|---|---|
| 23% Conservative Fixed Income |
30% Public Global Equity |
10% Private Equity |
15% Opportunistic |
14% Diversified Credit |
8% Real Assets |
2012 |
|||||
|---|---|---|---|---|---|
| 23% Conservative Fixed Income |
30% Public Global Equity |
10% Private Equity |
15% Opportunistic |
14% Diversified Credit |
8% Real Assets |
Increase allocation to Diversified Credit
2013 |
|||||
|---|---|---|---|---|---|
| 20% Conservative Fixed Income |
30% Public Global Equity |
9% Private Equity |
15% Opportunistic |
21% Diversified Credit |
6% Real Assets |
2014 |
|||||
|---|---|---|---|---|---|
| 15% Conservative Fixed Income |
31% Public Global Equity |
9% Private Equity |
18% Opportunistic |
19% Diversified Credit |
8% Real Assets |
2015 |
|||||
|---|---|---|---|---|---|
| 15% Conservative Fixed Income |
31% Public Global Equity |
9% Private Equity |
18% Opportunistic |
19% Diversified Credit |
8% Real Assets |
Increase allocation to Public Equity. Begin glide path to long term asset allocation (FYE 2019)
2016 |
|||||
|---|---|---|---|---|---|
| 12% Conservative Fixed Income |
34% Public Global Equity |
9% Private Equity |
20% Opportunistic |
18% Diversified Credit |
8% Real Assets |
2017 |
|||||
|---|---|---|---|---|---|
| 12% Conservative Fixed Income |
37% Public Global Equity |
8% Private Equity |
17% Opportunistic |
18% Diversified Credit |
8% Real Assets |
2018 |
|||||
|---|---|---|---|---|---|
| 12% Conservative Fixed Income |
38% Public Global Equity |
9% Private Equity |
13% Opportunistic |
18% Diversified Credit |
10% Real Assets |
2019 |
|||||
|---|---|---|---|---|---|
| 14% Rate Sensitive |
44% Public Equity |
7% Private Equity |
8% Opportunistic |
15% Credit |
12% Real Assets |
2020 |
|||||
|---|---|---|---|---|---|
| 14% Rate Sensitive |
44% Public Equity |
7% Private Equity |
8% Opportunistic |
15% Credit |
12% Real Assets |
Simplified asset allocation to five asset classes
2021 - Present |
|||||
|---|---|---|---|---|---|
| 46% Public Equity |
9% Private Equity |
26% Bonds |
7% Private Debt |
12% Real Assets |
|