Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: The California Public Employees' Retirement System reported early return figures on investments for the trailing 12 months ended June 30 on Friday. The state's largest pension fund, which held $323 billion at the end of its fiscal year, generated a net return of 11.2%.
