The Investment Performance Report provides a thorough analysis of the aggregate pension funds. The report covers the overall pension fund performance, as well as the underlying investment funds that comprise the pension plan. The analysis looks at criteria such as: asset growth, asset allocation, rates of return, market cycle performance, and peer rankings.
VPIC Fee Transparency Reports
The VPIC executes its asset allocation at the lowest cost to the VPIC portfolio that does not sacrifice quality of execution. Annually, the VPIC reviews fees paid during the calendar year to investment managers and vendors.
VPIC Asset Allocation Reports
The VPIC asset allocation policy aims to maximize the total return on investment, within acceptable levels of risk for public retirement systems, subject to fundamental diversification and liquidity constraints. The VPIC recognizes that, over the long term, the asset allocation policy is the single greatest driver of return and risk to the VPIC portfolio. On an annual basis, the VPIC undertakes a comprehensive review of its asset allocation policy, incorporating studies of the projected cash flows needs of each of the Retirement Systems, long-term capital market expectations for asset classes, and the VPIC’s risk tolerance.