Asset Allocation
The Current Mix of ACERA Assets
Asset Allocation as of December 31, 2019 |
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| Assets | Market Value | Actual | Target | Difference |
| US Equity | $2,470,568,682 | 28.2% | 25.0% | 3.2% |
| International Equity | $2,433,046,624 | 27.8% | 25.0% | 2.8% |
| Fixed Income | $1,388,524,337 | 15.8% | 16.0% | -0.2% |
| Real Estate | $593,819,587 | 6.8% | 8.0% | -1.2% |
| Private Equity | $546,349,096 | 6.2% | 8.0% | -1.8% |
| Absolute Return | $802,938,512 | 9.2% | 9.0% | 0.2% |
| Real Assets | $440,088,724 | 5.0% | 5.0% | 0.0% |
| Private Credit | $32,707,080 | 0.4% | 4.0% | -3.6% |
| Cash | $49,385,622 | 0.6% | 0.0% | 0.6% |
| Total Investment Assets | $8,757,428,264 | 100.0% | 100.0% | |
May not sum to 100% due to rounding.