Office of the State Treasurer
To monitor the time-weighted, total return performance of the State Held Trusts, the State Treasurer intends to compare an investment manager’s results to a baseline called the Total Portfolio Benchmark: 45% S&P 500 Index. 8% S&P 400 MidCap Index. 8% S&P 600 SmallCap Index. 14% MSCI ACWI ex-U.S. International Index ................
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