Quarterly Investment Update
ERS 2023
OPEB 2023
Total Fund Composite Without Other
2022
-3.3
2021
27.8%
2020
1.3%
2019
6.1%
2018
8.5%
2017
11.8%
2016
3.2%
2015
4.9%
2014
16.2%
2013
13.2%
2012
2%
2011
20.3%
ERS Target Asset Allocation
Fixed Income
22%
U.S. Equity
28%
Non-U.S. Equity
15%
Defensive Equity
7%
Real Assets
13%
Private Equity
15%
OPEB Target Asset Allocation
Fixed Income
19%
U.S. Equity
29%
Non-U.S. Equity
22%
Defensive Equity
8%
Real Assets
13%
Private Equity
9%
