FundSurfer
07-02-2007, 08:40 AM
Below are the highlights of the May minutes. To see the minutes go to:
http://www.frtib.gov/FOIA/index.html (select month interested in)
Interesting note - but we all knew this: :nuts:
Mr. Long added that John Bogle from Vanguard had commented on a radio program that the TSP is possibly the best savings vehicle in America today.
The I-fund continues to have high trading cost and high tracking error. This has been caused by the delay and FV's.
1724
1725
1726
1728
We are not yet being charged more to own the I-fund, but it may come to that in the future. The board has discussed it in the past. Luckily the overall expense has gone down each year so there has been a less obvious need. Earlier in the year the trading cost for the I-fund was positive due to an FV guess that caused participants to significantly over pay to buy into the I-fund.
1727
http://www.frtib.gov/FOIA/index.html (select month interested in)
Interesting note - but we all knew this: :nuts:
Mr. Long added that John Bogle from Vanguard had commented on a radio program that the TSP is possibly the best savings vehicle in America today.
The I-fund continues to have high trading cost and high tracking error. This has been caused by the delay and FV's.
1724
1725
1726
1728
We are not yet being charged more to own the I-fund, but it may come to that in the future. The board has discussed it in the past. Luckily the overall expense has gone down each year so there has been a less obvious need. Earlier in the year the trading cost for the I-fund was positive due to an FV guess that caused participants to significantly over pay to buy into the I-fund.
1727