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SFERS Annual Report 2013

Published: June 30, 2013

The Retirement System investment portfolio returned a robust 13.01% for the Fiscal Year ended June 30, 2013, on target with the policy benchmark return of 13.05%. U.S. equities (+21.79%) and Non-U.S. equities (+17.05%) led the rally, while also outperforming the policy benchmarks at +21.46% and +13.91%, respectively.