U.S. Equity

Unaudited Quarterly Summary as of 6/30/2017
Total Market Value: $2.9 Billion
23.40% of OPERS HC Fund
Quarter Return: 2.99%
Benchmark Return: 3.02%
Year To Date Return: 8.94%
Benchmark Return: 8.93%

OPERS currently manages U.S. Equity assets by capitalization (large, mid, and small) and style (active and passive).

The benefits of evaluating the composition of the asset class portfolio based on categories corresponding to whether a portfolio is an index, enhanced index or actively managed portfolio will be analyzed.

OPERS incorporates the use of both internal and external managers. The composition of the entire asset class will be evaluated to determine the appropriate managers to achieve goals, while working within the allotted risk budget. The research into new strategies or new manager searches is always considered in order to maintain an appropriate risk profile, and seek alpha (active return over the benchmark) for a given level of risk where possible.