Description
Title: Report
Summary
The document presents an investment scorecard detailing the asset allocation and performance of the City of Delray Beach's retirement plan as of December 31, 2025, with total plan assets amounting to $12,363,797. The legislation guiding this investment strategy aims to ensure prudent management of public funds for the benefit of city employees. Key investment categories include U.S. equity (21.3%), cash alternatives (25.1%), and fixed income (4%). The plan features various funds from reputable managers, such as BlackRock and Fidelity, which are assessed based on performance metrics like risk/return ratios. This transparency is crucial for stakeholders, as it democratizes access to financial information and enhances accountability in the management of public assets.