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| 2005 STRS Ohio News E-mails |
| STRS Ohio Returns Take Assets to a Record High Preliminary results for the fiscal year ending June 30, 2005, indicate that the State Teachers Retirement System of Ohio (STRS Ohio) assets now exceed $59 billion — a record high for the pension fund that was established in 1920. Preliminary figures indicate a total fund return of about 12% for the past 12 months, from July 1, 2004, through June 30, 2005. Much of the gains were the result of returns generated by the system’s international equity investments and real estate investments — both of which returned more than 21%. The total fund performance beat its passive fund benchmark by 0.8 percent, meaning the system’s active management of its funds — rather than relying on index funds — added approximately $375 million in net value during the fiscal year. STRS Ohio’s total investment fund includes domestic and international stocks, real estate, fixed-income and alternative investments. STRS Ohio serves as the public pension fund for Ohio’s public educators, providing retirement and survivor benefits and disability protection.
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