Hedge Funds

Unaudited Quarterly Summary as of 6/30/2017
Total Market Value: $6.3 Billion
7.80% of OPERS DB Fund
Quarter Return: 0.86%
Benchmark Return: 1.03%
Year To Date Return: 3.60%
Benchmark Return: 3.24%

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.