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District of Columbia Retirement Board
 

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Investments

Investments

Investments Overview

The District of Columbia Retirement Board (DCRB), a defined benefit plan, manages and controls the assets belonging to the Teachers’ Retirement Plan and the Police Officers and Firefighters’ Retirement Plan.  DCRB is charged by law with responsibility for the investment of these assets.
 

Historical Fund Rates of Return

The DCRB Total Fund Rates of Return as of September 30, 2017, are as follows:

Return

1 Year  Annualized 

3 Year Annualized

5 Year Annualized

10 Year Annualized

20 Year Annualized

Since Inception

Total Fund  (gross of fees)

13.1%

6.0%

7.5%

4.2%

6.0%

8.9%

Interim Policy Benchmark*

12.7%

5.9%

7.5%

 ---

-

 ---

Long Term Policy Benchmark**  ---  --- --- 4.3% 6.0% 9.7%
Excess    0.4% 0.1% 0.0% -0.1% 0.0% -0.9%

* As of 9/30/17, the Interim Policy Benchmark is a composite of 22.9% Russell 3000 Index, 18.3% MSCI World Index ex U.S. (net), 11.4% MSCI Emerging Markets (net); 11.0% Bloomberg Barclays (BB) U.S. Aggregate Index, 4.1% BB U.S. Corporate High Yield Index, 3.0% Credit Suisse Leveraged Loan Index, 2.0% BB Global Aggregate ex US Index, 4.0% JPM GBI-EM Global Diversified Index, 7.6% BB U.S. TIPS Index, 3.8% HFR Fund-Weighted Composite, 4.0% Cambridge Associates Global Private Equity and Venture Capital Index, 5.2% Real Estate Interim; 0.8% Cambridge Associates Upstream Energy & Royalties and Private Equity Energy Index, 2.2% Cambridge Associates Infrastructure Index.

**As of 9/30/17, the Long-Term Policy Benchmark is a composite of 20% Russell 3000 Index, 16% MSCI World Index ex U.S. (net), 10% MSCI Emerging Markets (net); 11% BB U.S. Aggregate Index, 4% BB U.S. Corporate High Yield Index, 3% Credit Suisse Leveraged Loan Index, 2% BB Global Aggregate ex US Index, 4% JPM GBI-EM Global Diversified Index, 6% BB U.S. TIPS Index, 4% 3-Month LIBOR+5%, 9% MSCI ACWI + 3%, 11% CPI + 5.5%.
 

Other Investments Resources

For more information on Investments, access the links below:

Service Contact: 
Investment Department
Contact Email: 
Contact Phone: 
(202) 343-3207
Contact Fax: 
(202) 566-5001
Contact TTY: 
711