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Asset Allocation

Bar Chart Comparison

Asset Allocation as of 12/31/2021 — Global Equity 37.3%, Core Fixed Income 5.2%, Non-Core Fixed Income 19.4%, Real Estate 10.9%, Other Public and Private Markets 10.8%, Hedge Funds 8.3%, Private Equity 7.7% and Cash Equivalents 0.5%.
Strategic Target Allocation

At its meeting on June 24, 2021, the TMRS Board approved a new portfolio target allocation to be effective July 1, 2021: 35% Global Equity, 6% Core Fixed Income, 20% Non-Core Fixed Income, 12% Other Public & Private Markets, 12% Real Estate, 5% Hedge Funds, 10% Private Equity.

Update: In accordance with the IPS (effective 1/1/2019), US Equities and Non-US Equities asset classes have been combined into the Global Equities asset class.

At its meeting on September 26, 2019, the TMRS Board approved a new portfolio target allocation to be effective January 1, 2020: 30% Global Equity, 10% Core Fixed Income, 20% Non-Core Fixed Income, 10% Real Return, 10% Real Estate, 10% Absolute Return, 10% Private Equity.

At its meeting on July 30, 2015, the TMRS Board approved a new portfolio target allocation: 35% Global Equity, 10% Core Fixed Income, 20% Non-Core Fixed Income, 10% Real Return, 10% Real Estate, 10% Absolute Return, 5% Private Equity.

Asset Allocation as of 12/31/2021 — Global Equity 37.3%, Core Fixed Income 5.2%, Non-Core Fixed Income 19.4%, Real Estate 10.9%, Other Public and Private Markets 10.8%, Hedge Funds 8.3%, Private Equity 7.7% and Cash Equivalents 0.5%.
Strategic Target Allocation

At its meeting on June 24, 2021, the TMRS Board approved a new portfolio target allocation to be effective July 1, 2021: 35% Global Equity, 6% Core Fixed Income, 20% Non-Core Fixed Income, 12% Other Public & Private Markets, 12% Real Estate, 5% Hedge Funds, 10% Private Equity.

Update: In accordance with the IPS (effective 1/1/2019), US Equities and Non-US Equities asset classes have been combined into the Global Equities asset class.

At its meeting on September 26, 2019, the TMRS Board approved a new portfolio target allocation to be effective January 1, 2020: 30% Global Equity, 10% Core Fixed Income, 20% Non-Core Fixed Income, 10% Real Return, 10% Real Estate, 10% Absolute Return, 10% Private Equity.

At its meeting on July 30, 2015, the TMRS Board approved a new portfolio target allocation: 35% Global Equity, 10% Core Fixed Income, 20% Non-Core Fixed Income, 10% Real Return, 10% Real Estate, 10% Absolute Return, 5% Private Equity.

Pie Chart Comparison