Investment Strategy
Disciplined approach to long-term wealth preservation and growth
Our Investment Philosophy
ASGERF's investment strategy is built on decades of experience and proven principles. We focus on long-term value creation while managing risk to ensure we can meet our obligations to current and future retirees.
Core Investment Principles
Diversification
We spread risk across multiple asset classes, geographic regions, and investment styles to reduce volatility and enhance long-term returns.
Risk Management
Comprehensive risk assessment and monitoring processes ensure we protect member assets while pursuing appropriate growth opportunities.
Long-Term Focus
Our investment horizon spans decades, allowing us to weather short-term market volatility and capture long-term growth trends.
Cost Management
We actively manage investment costs through efficient strategies and fee negotiations to maximize net returns for members.
Transparency
Regular reporting and clear communication keep members informed about investment performance and strategic decisions.
Fiduciary Duty
Every investment decision is made in the best interests of our members and beneficiaries, adhering to the highest fiduciary standards.
Strategic Asset Allocation
Target Allocation
Strategic Rationale
Our strategic asset allocation is designed to provide optimal risk-adjusted returns over the long term while managing the fund's obligations to members.
Equity Allocation (60%): Provides growth potential to keep pace with inflation and grow the fund's purchasing power over time.
Fixed Income (30%): Offers stability and predictable income to help meet current benefit payments and reduce overall portfolio volatility.
Real Estate (7%): Provides inflation protection and diversification benefits while generating steady income.
Cash (3%): Maintains liquidity for operational needs and tactical rebalancing opportunities.
Investment Governance
ASGERF's Investment Committee, composed of board members and investment professionals, provides oversight and strategic direction for the fund's investment program.
Committee Responsibilities:
- Set investment policy and strategic asset allocation
- Select and monitor investment managers
- Review performance and risk metrics
- Ensure compliance with investment guidelines
Meeting Schedule:
- Quarterly committee meetings
- Annual strategy review sessions
- Special meetings as needed
- Regular manager presentations