Maxwell
02-28-2005, 03:12 PM
Good morning group. I have a question, maybe some of you can help me out with.
I moved 100% to the G Fund, effective on 2/22/05. Today, 2/28/05, when I go to my account balance it shows:
Contributions to your account are being invested as follows:
[font="Times New Roman"][size=3]
Investment Fund
Shares
Share Price
Balance
Distribution
[font="Times New Roman"][size=3]
G FUND
GOVERNMENT SECURITIES
$10.75
19.68%
F FUND
FIXED INCOME INDEX
10.46
0.00%
C FUND
COMMON STOCK INDEX
12.94
70.08%
S FUND
SMALL CAP STOCK INDEX
14.59
5.08%
I FUND
INTERNATIONAL STOCK INDEX
15.82
[font="Times New Roman"][size=3][color=#00005b noShade]
100.00%
Why is that? It says at the top that my contributions to my account are 100% in the G Fund, which would be the latest change that I made at least a week ago, but the distribution still shows percentages in the different funds that I had prior to the last interfund transfer. In addition, looking at the account balance from Thursday, 2/24, to today, 2/28, the account balance increased as per the percentages shown in the distribution of the funds that it shows me to be invested in now, above, as opposed to 100% in the G Fund which did not increase at all in the same time period. I am not sure if I am missing something here or if this is some error on the part of TSP. Not that I am really complaining, as any increase is a good thing, but I am trying to get a better understanding of this, as the other side would have been if I had been invested 100% in the G Fund and the distribution was as shown above, and the prices decreased, I would have been losing money, whereas I made the move the 100% G, and they didn’t seem to honor that interfund transfer. In addition, one of my co-workers made the same interfund transfer at the same time and today, her allocation show 100% G Fund as well as her distribution shows 99.73% in the G Fund. I would appreciate any advice on this. Thanks.
Maxwell
I moved 100% to the G Fund, effective on 2/22/05. Today, 2/28/05, when I go to my account balance it shows:
Contributions to your account are being invested as follows:
[font="Times New Roman"][size=3]
Investment Fund
Shares
Share Price
Balance
Distribution
[font="Times New Roman"][size=3]
G FUND
GOVERNMENT SECURITIES
$10.75
19.68%
F FUND
FIXED INCOME INDEX
10.46
0.00%
C FUND
COMMON STOCK INDEX
12.94
70.08%
S FUND
SMALL CAP STOCK INDEX
14.59
5.08%
I FUND
INTERNATIONAL STOCK INDEX
15.82
[font="Times New Roman"][size=3][color=#00005b noShade]
100.00%
Why is that? It says at the top that my contributions to my account are 100% in the G Fund, which would be the latest change that I made at least a week ago, but the distribution still shows percentages in the different funds that I had prior to the last interfund transfer. In addition, looking at the account balance from Thursday, 2/24, to today, 2/28, the account balance increased as per the percentages shown in the distribution of the funds that it shows me to be invested in now, above, as opposed to 100% in the G Fund which did not increase at all in the same time period. I am not sure if I am missing something here or if this is some error on the part of TSP. Not that I am really complaining, as any increase is a good thing, but I am trying to get a better understanding of this, as the other side would have been if I had been invested 100% in the G Fund and the distribution was as shown above, and the prices decreased, I would have been losing money, whereas I made the move the 100% G, and they didn’t seem to honor that interfund transfer. In addition, one of my co-workers made the same interfund transfer at the same time and today, her allocation show 100% G Fund as well as her distribution shows 99.73% in the G Fund. I would appreciate any advice on this. Thanks.
Maxwell