Fund Performance

Arizona PSPRS Trust - Performance as of 03/31/2019 (Gross of Fees)

Description

3 Month Ending

Fiscal YTD

Calendar YTD

1 Year

3 Years

5 Years

10 Years

Arizona PSPRS Trust - Total Fund

5.20%

3.50%

5.20%

4.16%

7.93%

6.38%

9.68%

Target Fund Benchmark

6.88%

3.39%

6.88%

4.60%

7.96%

5.94%

9.53%

Total Equity

12.70%

1.82%

12.70%

2.73%

10.64%

6.27%

12.12%

Target Equity Benchmark

12.29%

1.77%

12.29%

2.63%

11.02%

6.73%

12.79%

U.S. Equity

14.19%

4.12%

14.19%

7.96%

12.83%

9.21%

14.78%

BenchmarK: Russell 3000

14.04%

4.70%

14.04%

8.77%

13.49%

10.36%

16.00%

Non-U.S. Equity

10.85%

-0.86%

10.85%

-2.97%

8.05%

2.84%

8.89%

Benchmark: MSCI ACWI Ex-US Net

10.31%

-1.64%

10.31%

-4.22%

8.09%

2.57%

8.85%

Private Equity

-0.71%

6.62%

-0.71%

11.81%

12.11%

14.19%

15.95%

Benchmark: Russell 3000 + 100 bps

13.81%

4.21%

13.81%

9.77%

14.49%

11.36%

17.00%

Fixed Income

4.14%

3.77%

4.14%

2.78%

3.96%

3.78%

5.29%

Benchmark: Custom Benchmark

2.66%

3.84%

2.66%

0.95%

1.94%

1.31%

3.13%

Private Credit

2.27%

4.87%

2.27%

6.53%

7.45%

6.83%

12.07%

Benchmark:  Custom Benchmark

4.75%

3.73%

4.75%

3.93%

6.45%

4.08%

9.48%

Global Trading Strategies

-1.54%

0.94%

-1.54%

1.55%

5.58%

4.37%

N/A

Benchmark: 3-Month LIBOR + 300 bps

1.41%

4.12%

1.41%

5.49%

4.58%

4.07%

3.72%

Real Assets

3.91%

1.63%

3.91%

1.70%

7.98%

4.36%

5.11%

Benchmark: CPI + 200 bps

1.19%

2.60%

1.19%

3.86%

4.21%

3.50%

3.78%

Real Estate

2.23%

3.84%

2.23%

-2.59%

0.80%

2.48%

-0.17%

Benchmark: NCREIF NPI 

1.80%

4.93%

1.80%

6.83%

7.07%

9.13%

8.50%

Risk Parity

10.71%

5.42%

10.71%

5.20%

6.26%

4.21%

N/A

Benchmark:  Custom Benchmark

5.57%

1.73%

5.57%

0.24%

4.39%

1.75%

5.30%

Short Term Investments

0.94%

2.63%

0.94%

3.93%

2.89%

2.42%

3.45%

Benchmark: BofA ML 3-Month T-Bill

0.60%

1.66%

0.60%

2.12%

1.19%

0.74%

0.43%