Asset allocation as of December 31, 2020

Post
Asset Net asset value (in millions) Actual Current target Difference Range
Public equity 144,462 50.97% 49.00% 1.97% +/- 6%
Fixed income 32,609 11.50% 13.00% (1.50%) +/- 3%
Real estate 36,129 12.75% 14.00% (1.25%) +/- 3%
Private equity 29,302 10.34% 10.00% 0.34% +/- 3%
Risk mitigating strategies 23,377 8.25% 9.00% (0.75%) +/- 3%
Inflation sensitive 10,086 3.56% 3.00% 0.56% +/- 3%
Cash / liquidity 6,089 2.15% 2.00% 0.15% +/- 3%
Innovative strategies 967 0.34% 0.00% 0.34% +/- 2.5%
Strategic overlay 406 0.14% 0.00% 0.14%  
Total investment assets 283,427 100.00% 100.00%