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Thread: IFT Explanation

  1. 01-12-2007, 03:13 PM #1
    cprice72
    cprice72 is offline Rookie
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    Default IFT Explanation

    Let's say that I had $100 dollars in the G Fund and made an IFT at 10:00pm on 9 Jan 2007 of 35% C - 35% S and the remaining 30% would stay in the G Fund. Should the 10 Jan 07 account balance reflect the end of day share prices of the C and S funds?

    Basically should I see an increase of the $35 dollars that I transfered into the C and S or will it reflect on my account balance on 11 Jan 07?

    Thanks!
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  2. 01-12-2007, 03:17 PM #2
    ChemEng
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    Default Re: IFT Explanation

    Heres how it works:

    Day 1:
    Make IFT before noon from 100%G-->30%G/35%C/35%S
    At COB, prices are adjusted based on market activity.
    Then the IFT transaction takes place.

    Day 2:
    You start with your new 30%G/35%C/35%S allocation.

    If you dont make the IFT before noon, then everything shifts to the right a day. I hope this makes sense.
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  3. 01-12-2007, 03:19 PM #3
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    AIF
    AIF is offline TSP Talker
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    Default Re: IFT Explanation

    The price you bought in at would be the prices posted for the 10th. The relsuts of your actions can be viewed on the 11th. I think.
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