|Serving New York Educators Since 1921|
NYSTRS invests the System's funds in several diverse classes of assets, including equities, bonds and real estate. This diversification helps us earn the highest possible long-term rate of return within appropriate risk levels. In turn, this enables us to pay guaranteed benefits to members and their beneficiaries at the lowest possible cost to participating employers and the taxpayers that fund them.
The System's long-term investment objective is to achieve an annualized rate of return of 8.0%. As of the fiscal year ended June 30, 2012, the System's 25-year annualized rate of return stood at 8.5% — or 50 basis points above the actuarially assumed rate.
For the fiscal year ended June 30, 2012, the total portfolio returned 2.8%, a figure in line with returns posted by our peers. NYSTRS remains among the best-funded public pension plans in the nation and was one of six retirement systems featured in a recent study titled Lessons from Well-Funded Public Pensions: An Analysis of Plans that Weathered the Financial Storm.
NYSTRS manages its plan cost effectively. System investment fees average 28 cents per $100 managed, as compared to $1.00 or more in fees associated with private plans.
The System's most-recent list of investments is below. We update this list approximately two weeks after the end of each quarter.