FROM: Amy McInerny, Chief Financial Officer
SUBJECT: SBCERA Investment Fee and Expense Review
RECOMMENDATION:
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SBCERA Investment Fee and Expense Review.
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BACKGROUND:
This annual report has been prepared at the request of the Board as part of its comprehensive review of the fees and expenses associated with the SBCERA Investment program.
BUDGET IMPACT:
Costs for this item are included in the current year non-administrative, investment budget.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Prudent Fiscal Management
STAFF CONTACT:
Amy McInerny
ATTACHMENTS:
Exhibit A: SBCERA Net Investment Return Summary - For the years ended June 30, 2015 through 2019
Exhibit B: SBCERA Net Investment Return Summary by Asset Type - For the years ended June 30, 2015 through 2019
Exhibit C: SBCERA Net Investment Return Summary by Investment Manager - For the years ended June 30, 2015 through 2019 (Confidential)