11-25-19 Handout -B. TomsonNa4i,dekt - g. Tivikkeit,
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Report To City Council
11/25/19
Over view of The Police Pension Fund
Return for the fiscal year ending 9/30/19 3.6%
The 3rd quarter was a disaster
Target for the fiscal year ending 9/30/19 6.75%
The return over the last 10 fiscal years has been 6.37%
The outlook for the next 4 to 5 years for equities 4 - 5%
The asset value as of 9/30/19 was $11.8M
The return for the first quarter of the current fiscal year was 1.69%
The distribution invested assets as of 11/11/19 was:
Large cap equities 34.9 %
Small cap equities 10.5%
Intern. equities 15.4%
Real assets (mlp's) 4.7%
Fixed income 28.0%
Cash 6.5%
100%
Funding reserve as of 9/30/18 78.7%
VVTT 11/18/19