DeKalb County’s Employees Retirement Plan

Investments

Who Invests the Money

The investment of the pension fund is channeled through three types of managers, each with a specific assigned task which assures proper handling of the pension fund.

First, the pension contributions are forwarded to a Custodial Manager (a bank) which distributes the contributions to the appropriate Money Manager and is custodian of the stocks and bonds.

Second, the Money Managers invest the contributions. Each Money Manager transacts the investment to maximize the growth of the pension fund. Typically, several Money Managers are hired with differing investment strategies so as to achieve maximum return with minimum risk.

Third, the Performance Manager monitors the Money Managers’ investments. This manager follows the performance of each Money Manager versus the overall market.