I-Fund benchmark index change is complete

[tsptalk]

I don't think it's ACWX either. I think that's just ex-USA and not necessarily ex-China and/or Hong Kong.

Good info, thanks. Well, maybe we're back to this....

https://finance.yahoo.com/quote/^753692-USD-STRD.

It doesn't seem to be very accurate either, but it may be the best we have right now. Although when I was checking that earlier, the TSP had not quite yet announced the completion of the move to the new index.

I think you're right. The link you gave is what we're looking for, but there just isn't a good ETF yet that tracks it.

 

[cmalinowski]

That makes sense why ACWI was up today.

The X must be the ex-USA, China, Hong-Kong

I'll take a look. Thank you!

I don't think it's ACWX either. I think that's just ex-USA and not necessarily ex-China and/or Hong Kong.

ACWX was up 1.74 at the close on Thu. According to TSP site, the I fund was up only 1.05.

Link to MSCI's info on it (but it doesn't really tell us anything about an ETF).

EDIT. From ChatGPT:

Currently, no ETF specifically excludes only the U.S., China, and Hong Kong while covering the rest of the MSCI ACWI (All Country World Index) IMI Index universe. However, ETFs that come close by focusing on the MSCI ACWI ex-U.S. are available, though they do include China and Hong Kong in their holdings. Notable options here include:

1. iShares MSCI ACWI ex U.S. ETF (ACWX) – This fund tracks the MSCI ACWI ex-U.S. Index, covering developed and emerging markets excluding the U.S., but it does not exclude China and Hong Kong specifically.
2. SPDR MSCI ACWI ex-U.S. ETF (CWI) – Another popular fund that also follows a similar structure to ACWX, including both developed and emerging markets outside of the U.S., though it includes China and Hong Kong.

At present, MSCI does offer a custom benchmark, the MSCI ACWI IMI ex USA ex China ex Hong Kong Index, but ETFs aligned directly with this index do not yet appear to be on the market. If a fund provider launches such an ETF, it would likely meet your specified regional exclusions more precisely. For now, investors may use a combination of funds with separate allocations to achieve a similar exposure balance

 

[tsptalk]

ACWI has US companies, I believe it is ACWX

That makes sense why ACWI was up today.

The X must be the ex-USA, China, Hong-Kong

I'll take a look. Thank you!

 

[Jackbnimble]

ACWI looks like it could be it, only because the TSP is now calling the benchmark index the "MSCI ACWI IMI ex USA ex China ex Hong Kong Index"

ACWI has US companies, I believe it is ACWX.

 

[tsptalk]

How we found an equivalent ETF to follow yet?

ACWI looks like it could be it, only because the TSP is now calling the benchmark index the "MSCI ACWI IMI ex USA ex China ex Hong Kong Index"

According to the TSP website, "I Fund benchmark index change complete — The transition of the I Fund benchmark to the MSCI All Country World Investable Market Index ex USA ex China ex Hong Kong Index (MSCI ACWI IMI ex USA ex China ex Hong Kong Index) is complete."

 

[TommyIV]

How we found an equivalent ETF to follow yet?

 

[tsptalk]

According to the TSP website:

"I Fund benchmark index change complete — The transition of the I Fund benchmark to the MSCI All Country World Investable Market Index ex USA ex China ex Hong Kong Index (MSCI ACWI IMI ex USA ex China ex Hong Kong Index) is complete."

The new I Fund benchmark index further diversifies I Fund investments and gives TSP participants access to more markets and companies. The index includes more than 5,000 large, medium, and small companies from more than 40 developed and emerging market countries.

So it will be interesting to see what price they give the I-fund so we can figure out what we should be watching during the day.

https://www.tsp.gov/news-and-resources/