For the three, 5 and 10 years ended June 30, the pension system produced an annualized internet return of seven.2%, 6.9% and eight.9%, respectively. Benchmark data for these durations has not been offered within the efficiency report.
SDRS had generated a internet return of twenty-two% for the yr ended June 30, 2021.
For the previous yr, the pension fund benefited from a 36% outsized allocation to money, which considerably offset the impression of a hostile market surroundings for public equities and stuck earnings securities.
For the yr ended June 30, the Russell 3000 Index and Bloomberg US Combination Bond Index posted returns of -13.9% and -10.3%, respectively, in stark distinction to returns of 44. 2% and 4.6% for the yr ended June 30, 2021.
The efficiency report didn’t present returns by particular person asset class.
As of June 30, the precise allocation was 36% money; 23% public shares; 13% funding grade fastened earnings; 11% every opportunistic actual property and personal fairness; 4% excessive yield company fastened earnings securities; and 1% every for hedge funds and excessive yield actual property debt.