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    Facts at A Glance:: Investment

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    Hai V. Pham
    The California Public Employees' Retirement System (CalPERS) manages over $210 billion in investments. As of March 2010, 66.8% of the portfolio was in equities such as global and alternative investment strategies, with the remainder in bonds, real estate, and other asset classes. Over the past 30 years, CalPERS' investments have grown substantially, though recent returns have been negative due in part to market declines. CalPERS also aims to invest approximately 10% of funds in California businesses to promote growth within the state.

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    Facts at A Glance:: Investment

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    Hai V. Pham
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    The California Public Employees' Retirement System (CalPERS) manages over $210 billion in investments. As of March 2010, 66.8% of the portfolio was in equities such as global and alternative investment strategies, with the remainder in bonds, real estate, and other asset classes. Over the past 30 years, CalPERS' investments have grown substantially, though recent returns have been negative due in part to market declines. CalPERS also aims to invest approximately 10% of funds in California businesses to promote growth within the state.

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    The California Public Employees' Retirement System (CalPERS) manages over $210 billion in investments. As of March 2010, 66.8% of the portfolio was in equities such as global and alternative investment strategies, with the remainder in bonds, real estate, and other asset classes. Over the past 30 years, CalPERS' investments have grown substantially, though recent returns have been negative due in part to market declines. CalPERS also aims to invest approximately 10% of funds in California businesses to promote growth within the state.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    85 views3 pages

    Facts at A Glance:: Investment

    Uploaded by

    Hai V. Pham
    The California Public Employees' Retirement System (CalPERS) manages over $210 billion in investments. As of March 2010, 66.8% of the portfolio was in equities such as global and alternative investment strategies, with the remainder in bonds, real estate, and other asset classes. Over the past 30 years, CalPERS' investments have grown substantially, though recent returns have been negative due in part to market declines. CalPERS also aims to invest approximately 10% of funds in California businesses to promote growth within the state.

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    California Public Employees’

    Retirement System
    Office of Public Affairs  
    400 Q Street, Sacramento, CA 95811 
    (916) 795‐3991 phone 
    (916) 795‐3507 fax 
    www.calpers.ca.gov 

    FACTS AT A GLANCE: INVESTMENT


    JUNE 2010
    Facts At A Glance is a monthly compilation of information of interest to Board Members, staff, and
    the general public. Information is current as of March 31, 2010, unless otherwise noted. Every effort
    has been made to verify the accuracy of the information, which is intended for general use only.
    Please direct any questions and comments to the Public Affairs Office at (916) 795-3991.

    INVESTMENT PORTFOLIO MARKET VALUE


    $210.2 Billion (As of March 31, 2010)

    ASSET CLASS BY MARKET VALUE & ALLOCATION


    ASSET CLASS MARKET ACTUAL CURRENT PREVIOUS % PASSIVE
    VALUE ALLOCATION(%) TARGET* TARGET VS. ACTIVE
    ($ BILLION) (%) (%)
    PASSIVE ACTIVE
    Cash Equivalents $2.0 0.9% 2.0% 0.0% 0.0% 100.0%
    Global Fixed
    Income $48.1 22.9% 20.0% 19.0% 0.0% 100.0%
    Equities:
    AIM $27.0 12.8% 14.0% 10.0% 0.0% 100.0%
    Global Equity $113.4 54.0% 49.0% 56.0% 70.0% 30.0%
    TOTAL EQUITIES $140.4 66.8% 63.0% 66.0%
    Real Estate $14.7 7.0% 10.0% 10.0% 0.0% 100.0%
    Inflation Linked $4.9 2.3% 5.0% 5.0% 0.0% 100.0%
    Total Fund $210.2 100.0% 100.0% 100.0% 37.0% 63.0%

    *Target allocation effective June 2009.


    FACTS AT A GLANCE: INVESTMENT
    June 2010
    Page 2 

    GROWTH OF FUND
    YEAR YEAR-END 6/30 YEAR-END 12/31

    1985 $28.6 billion $32.7 billion


    1990 $58.2 billion $57.5 billion
    1995 $87.8 billion $96.9 billion
    1996 $100.7 billion $108.0 billion
    1997 $119.7 billion $128.2 billion
    1998 $143.3 billion $150.6 billion
    1999 $159.1 billion $171.9 billion
    2000 $172.2 billion $165.2 billion
    2001 $156.0 billion $151.8 billion
    2002 $143.4 billion $133.8 billion
    2003 $144.8 billion $161.4 billion
    2004 $166.3 billion $182.8 billion
    2005 $189.8 billion $200.9 billion
    2006 $208.2 billion $230.3 billion
    2007 $247.7 billion $253.0 billion
    2008 $239.2 billion $183.3 billion
    2009 $181.0 billion $203.3 billion

    TOTAL RETURNS (NET)


    Fiscal year to date ended 03/31/2010 16.71%
    3 years for period ended 03/31/2010 -3.18%
    5 years for period ended 03/31/2010 3.50%
    10 years for period ended 03/31/2010 3.06%

    CALIFORNIA INVESTMENTS AND COMMITMENTS


    Approximately $20.6 billion—or 9.8 percent of total fund as of March 31, 2010.

    Fixed Income $5.7 billion


    Equities $6.7 billion
    AIM $4.8 billion
    Real Estate $3.3 billion
    Inflation Linked $0.08 billion
    FACTS AT A GLANCE: INVESTMENT
    June 2010
    Page 3 

    HISTORICAL RATES OF RETURNS1


    YEAR YEAR END 6/30 YEAR END 12/31
    (%) (%)

    1984 -3.1 12.9


    1985 35.4 28.0
    1986 24.6 15.9
    1987 13.8 4.3
    1988 3.9 12.8
    1989 15.7 21.3
    1990 9.7 -0.8
    1991 6.5 23.0
    1992 12.5 6.5
    1993 14.5 13.4
    1994 2.0 -1.0
    1995 16.3 25.3
    1996 15.3 12.8
    1997 20.1 19.0
    1998 19.5 18.5
    1999 12.5 16.0
    2000 10.5 -1.4
    2001 -7.2 -6.2
    1
    2002 -5.9 -9.5
    2003 3.9 23.3
    2004 16.7 13.4
    2005 12.7 11.1
    2006 12.3 15.7
    2007 19.1 10.2
    2008 -4.9 -27.08
    2009 -23.43% 12.1

    Dated: 05/17/2010

    1 Beginning 6/30/02 performance figures are reported as gross of fees. 

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