San Francisco City & County Employees ends year with a 33.7% return

The San Francisco City & County Employees' Retirement System (SFERS) has ended the fiscal year with a 33.7 percent return.

SFERS significantly outperformed its policy indexes, which generated returns of 26.22 percent, 23.58 percent and 24.08 percent.

For the calendar year-to-date, SFERS has generated an estimated return of 15.19 percent through July 31. Real assets, absolute return, and fixed income were all positive for the year, with returns of 8.67 percent, 4.49 percent and 0.40 percent, respectively.