Asset Allocation Glossary
This Glossary identifies, defines, and clarifies the meaning of investment terms used by CalPERS in our investment policies. The purpose of the Glossary is to establish a uniform vocabulary of terms for users of these policies.
Choose from the letters below to find a specific Asset Allocation Investment Policy term or phrase. You'll also find information about the related policies and asset classes for each term.
Net Asset Value - NAV - The Net Asset Value or NAV is a term used to describe the value of an entity's assets less the value of its liabilities.
- Supplemental Income Plans CalPERS Risk-Based and Target Retirement Date Funds (PDF, 62 KB)
- Affiliate Funds (PDF, 67 KB)