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Agenda - Stanislaus County Employee Retirement Association

Sep 25, 2015 ... investments (if any) will depend on a variety of factors, including future operating results, the value of the assets and market conditions at the time of ...... FTSE RAFI US 1000 reflects back-tested performance prior to the launch of the FTSE RAFI Index. ...... Pro-cyclical tilt favoring cheaper asset classes. -14.



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