Hedge Funds

Unaudited Quarterly Summary as of 9/30/2017
Total Market Value: $6.3 Billion
7.60% of OPERS DB Fund
Quarter Return: 2.03%
Benchmark Return: 1.97%
Year To Date Return: 5.70%
Benchmark Return: 5.18%

Hedge Fund investments are structured to preserve capital and provide competitive returns with a low correlation to traditional asset classes, providing diversification, reduced volatility of returns and long-term return enhancement. Hedge Funds sub asset class has a targeted allocation of 8 percent for the Defined Benefit Fund.