The State of Wisconsin Investment Board (SWIB) takes its responsibility to manage a large part of the retirement assets of our more than 580,000 Wisconsin Retirement System (WRS) participants very seriously. We work hard to generate favorable returns, manage investment risk and control costs. The decisions we make have an immediate impact on the lives of our participants and on the financial health of the overall system for many years to come. Therefore we diligently manage the assets on a daily basis while keeping our eyes focused on the future. We do this by developing goals and strategies that generate strong performance while maintaining the long-term success of what has become one of the model public pension funds in the country. We apply this philosophy with all the funds entrusted to us.