Fund Performance

Arizona PSPRS Trust - Performance as of 12/31/2017 (Gross of Fees)

Description

3 Month Ending

Fiscal YTD

Calendar YTD

1 Year

3 Years

5 Years

10 Years

Arizona PSPRS Trust - Total Fund

2.60%

5.39%

11.39%

11.39%

7.45%

8.37%

4.75%

Target Fund Benchmark

3.26%

6.32%

12.92%

12.92%

7.11%

7.88%

4.35%

Total Equity

5.36%

10.78%

22.77%

22.77%

9.18%

10.98%

5.74%

Target Equity Benchmark

5.72%

11.34%

23.97%

23.97%

9.64%

11.57%

5.81%

U.S. Equity

6.13%

10.84%

19.99%

19.99%

10.30%

14.35%

N/A

BenchmarK: Russell 3000

6.34%

11.20%

21.13%

21.13%

11.12%

15.58%

8.60%

Non-U.S. Equity

4.47%

10.63%

25.90%

25.90%

7.76%

6.87%

N/A

Benchmark: MSCI ACWI Ex-US Net

5.00%

11.48%

27.19%

27.19%

7.83%

6.80%

1.84%

Private Equity

3.02%

5.25%

8.72%

8.72%

14.75%

16.63%

10.84%

Benchmark: Russell 3000 + 100 bps

6.50%

11.64%

22.13%

22.13%

12.12%

16.58%

10.09%

Fixed Income

0.52%

2.28%

4.92%

4.92%

3.88%

3.37%

4.22%

Benchmark: Bloomberg BC Global Aggregate

1.08%

2.86%

7.39%

7.39%

2.02%

0.79%

3.09%

Private Credit

1.88%

3.87%

7.48%

7.48%

6.55%

8.35%

N/A

Custom Benchmark

1.30%

2.40%

6.76%

6.76%

4.93%

4.76%

5.54%

GTAA

2.05%

4.28%

6.95%

6.95%

4.10%

4.90%

N/A

Benchmark: 3-Month LIBOR + 300 bps

1.07%

2.13%

4.23%

4.23%

3.75%

3.55%

3.76%

Real Assets

2.25%

1.15%

7.25%

7.25%

5.38%

4.53%

N/A

Benchmark: CPI + 200 bps

1.00%

2.39%

4.12%

4.12%

3.62%

3.40%

N/A

Real Estate

-3.21%

-0.81%

3.30%

3.30%

3.35%

4.21%

0.76%

Benchmark: NCREIF NPI 

1.80%

3.52%

6.96%

6.96%

9.38%

10.19%

6.08%

Risk Parity

3.71%

6.65%

9.76%

9.76%

4.11%

3.04%

N/A

Custom Benchmark

2.83%

5.77%

11.56%

11.56%

3.59%

2.87%

2.86%

Short Term Investments

0.50%

1.01%

2.50%

2.50%

2.06%

2.33%

1.62%

Benchmark: BofA ML 3-Month T-Bill

0.28%

0.55%

0.86%

0.86%

0.41%

0.27%

0.39%