Investment Objective

Overview

Investment Objective

CCCERA’s main investment objective is for the total fund to exceed the consumer price index (CPI) plus 400 basis points over a market cycle. For the year ending September 30, 2016, the total fund gain was 9.6%, greater than the targeted return of 5.5% (CPI plus 400 basis points) but less than the median public fund return of 9.7%. Over the trailing five year period, the total fund gain was 10.9%, well above the targeted return of 5.3% (CPI plus 400 basis points) and higher than the median public fund return of 9.6%.

Commands