|Unaudited Quarterly Summary as of 12/31/2016|
|Total Market Value:||$6.1 billion|
|7.90% of OPERS DB Fund|
|Benchmark Return: 1.69%|
|Year To Date Return:||3.38%|
|Benchmark Return: 6.51%|
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.