Asset Allocation & Policy Portfolio
| Asset Class |
6/30/2011 Actual Allocation |
9/30/2011 Actual Allocation |
Long-Term Policy Portfolio1 |
| Domestic Equity |
15% |
15% |
15% |
| International Equity |
14% |
8% |
15% |
| Emerging Markets Equity | 6% | 6% | 6% |
| Long/Short Equity |
1% |
1% |
5% |
| Marketable Alternatives2 |
23% |
23% |
20% |
| Private Equity |
21% |
22% |
19% |
| Real Assets |
7% |
10% |
10% |
| Fixed Income & Cash |
13% |
15% |
10% |
| Total |
100% |
100% |
100% |
1The Long-Term Policy Portfolios was adopted by the Investment Committee at its May 2011 meeting, and may be adjusted over time as market conditions change or new opportunities arise.
2Marketable Alternatives comprise several hedge fund strategies including multi-strategy, long/short credit, and event driven.
Note: Totals may not add to 100% due to rounding.