Board defers action on I Fund transition
Board defers action on I Fund transition — (May 13, 2020) Due to a meaningfully different economic environment related in large part to the impact of the global COVID-19 pandemic, as well as the nomination of three new Federal Retirement Thrift Investment Board Members, pending further study, the Board is delaying the implementation of the I Fund benchmark change to the MSCI ACWI ex-U.S. Investible Market index from the MSCI EAFE index.
Re: Board defers action on I Fund transition
Wimps.
They just allowed the TSP funds to become a partisan political slush fund.
Re: Board defers action on I Fund transition
I thought it was a bi-partisan effort from Senators Marco Rubio (R-FL) and Jeanne Shaheen (D-NH)?
You want China in our I-fund?
Quote:
Originally Posted by
James48843
Wimps.
They just allowed the TSP funds to become a partisan political slush fund.
Their ears are open. Maybe you should give them a call about increasing the IFT's. I know you have some pull in D.C. :D
Re: Board defers action on I Fund transition
More background:
Federal Retirement Fund Halts Planned China Investment Under Pressure
https://www.nytimes.com/2020/05/13/b...ment-fund.html
Re: Board defers action on I Fund transition
Here is more background... they were asked to halt and 3 of 5 board members will be replaced.
https://federalnewsnetwork.com/tsp/2...-fund-changes/