At the core of SDCERA’s operations is its acclaimed investment program. SDCERA is
entrusted to prudently manage the multi-billion dollar pension fund that provides
retirement benefits to members. An accomplished team of investment professionals
and money managers, in conjunction with the Board of Retirement, prudently manages
the investment of the pension fund.
SDCERA’s investment program has earned industry accolades and awards as one of the
top performing retirement funds in the country. SDCERA ranks in the top quartile for the ten-year period ending September 30, 2013, according to the latest Wilshire Associates Trust Universe Comparison Service (TUCS) report. The program’s success is largely
due to a well-diversified portfolio and progressive investment strategies that put
it in the same league as some of the country’s most sophisticated investors. SDCERA is a long-term investor with a gross 10-year annualized investment return of 8.5% and a gross 25-year annualized investment return of 9.5% as of September 30, 2013.
Returns for quarter ended Sept 30, 2013 (gross of fees)
Growth oriented benchmark
Stable value benchmark
Inflation sensitive benchmark
Total fund benchmark
Total assets under management: $9,629,877,527.
Global, Emerging Market, Private Equities, and High Yield Bonds
Emerging Market Debt (Local), Global Macro/CTAs, Relative Value, and U.S. Treasuries
Real Estate, Natural Resources and Other Real Assets, and Treasury Inflation Protected Securities