Hedge Funds

Unaudited Quarterly Summary as of 3/31/2017
Total Market Value: $6.2 billion
7.90% of OPERS DB Fund
Quarter Return: 2.72%
Benchmark Return: 2.18%
Year To Date Return: 2.72%
Benchmark Return: 2.18%

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.