Active members Retired members Deferred members
News and Media Investments Board of Retirement Legislation About SDCERA Contact Us Pension Facts
Font size :  A  |  A  |  A  Investments
Investments
Annual Financial Reports
Actuarial Valuations
 
Seminars
Forms and Publications
Calculators
Call Center 619.515.6800 Toll Free: 1.888.4.SDCERA
Investments

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. 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 7.85% and a gross 25-year annualized investment return of 9.43% as of June 30, 2014.

Quarterly Report 

Returns for quarter ended June 30, 2014 (gross of fees)
SDCERA Returns Quarter 1-Year 3-Year 5-Year
Growth oriented1 4.84% 20.90% 10.89% 14.45%
Growth oriented benchmark 4.54% 22.06% 11.59% 15.10%
Stable value2 2.50% 3.40% 4.13% 6.96%
Stable value benchmark 1.99% 2.67% 2.73% 5.03%
Inflation sensitive3 4.41% 12.91% 8.17% 9.76%
Inflation sensitive benchmark 4.27% 12.36% 7.45% 9.35%
Total fund 4.49% 13.86% 9.49% 12.67%
Total fund benchmark 4.29% 13.65% 8.55% 11.42%
Total assets under management: $10,182,042,227.

1 Global, Emerging Market, Private Equities, and High Yield Bonds
2 Emerging Market Debt (Local), Global Macro/CTAs, Relative Value, and U.S. Treasuries
3 Real Estate, Natural Resources and Other Real Assets, and Treasury Inflation Protected Securities