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Administration March 17, 2011
San Diego Fund Beats its Benchmark
March 17, 2011 (PLANSPONSOR.com) – The portfolio of the San Diego County Employees Retirement Association (SDCERA) for the 2010 Calendar year outpaced its benchmark by 1.17%, generating a return of 12.2%.
Reported by PLANSPONSOR staff
A SDCERA news release said the fund also outperformed its 8% assumed rate of return.
“Our performance results show we are meeting our commitments to members over the long term,” said Chief Executive Officer Brian White, in the announcement.
SDCERA last year implemented a new asset allocation model designed to improve diversification and protect against losses.