Financial

Global Tactical Asset Allocation (GTAA)

Unaudited Quarterly Summary as of 9/30/2016
Total Market Value: $1.4 billion
1.80% of OPERS DB Fund
Quarter Return: 4.13%
Benchmark Return: 3.12%
Year To Date Return: 4.94%
Benchmark Return: 6.65%

Global Tactical Asset Allocation, or GTAA, is a top-down investment strategy that attempts to exploit short-term miss-pricings among a global set of assets. GTAA has a targeted strategic allocation of 2 percent in the Defined Benefit Fund.