The CalPERS investment portfolio is diversified into several asset classes. In the long run, a well-diversified portfolio determines our long-term performance, protects the Retirement Fund, and ensures any weaknesses in one area are offset by gains in another.
The CalPERS Board follows a strategic asset allocation policy that targets the percentage of funds to be invested in each asset class.
Our hedge fund portfolio helps us diversify our investment portfolio and control risk.
Find information about the CalPERS asset allocation policy - diversification of our investments among stocks, bonds, cash and other vehicles.
Discover how CalPERS investments play an integral part in the California economy.
See the current values of our investment fund by asset class.
Learn more about our investments in the U.S. and international stock markets.
Learn more about our inflation-linked investments including commodities and inflation-linked bonds.
International fixed income investments are also part of the diversified CalPERS investment portfolio.
CalPERS invests in real estate, infrastructure and forestland holdings here in California and across the nation.