I fund???

[JSRoss01]

imported post

Is there a website to see how the I fund Performs through the day? or do we have to watch the foriegn markets individually?

 

[Show-me]

imported post

EAFE tracks the I Fund. Here's a link.

http://finance.yahoo.com/q?d=s&s=%5EGSPC%2C+%5EDWCPF%2C+EFA%2C+AGG%2C+%5EN225%2C+%5EFTSE

 

[JSRoss01]

imported post

Thank you, Does this track through out the day?

 

[Show-me]

imported post

Yes. But I must warn you that it is not perfect. Sometimes it will track up and depending on the currency market or what they call "fair valuation" the two won't match. This is a rare occurance. I Fund is strange that way. I use the YahooFinance for most market watching. Go to there home page and on the left margin they have International. You can watch the indices and the currency. Warning - many are weary of the I Fund because of the two factors that control it. Indices and currency. Be careful. Good luck.

 

[Dakota]

imported post

Show-me wrote:

EAFE tracks the I Fund. Here's a link.

http://finance.yahoo.com/q?d=s&s=%5EGSPC%2C+%5EDWCPF%2C+EFA%2C+AGG%2C+%5EN225%2C+%5EFTSE

thanks show I needed that :^

 

[tsptalk]

imported post

FYI, there is a link to those quotes on all of the tsptalk pages. It's nearthe top left.

 

[Dakota]

imported post

tsptalk wrote:

FYI, there is a link to those quotes on all of the tsptalk pages. It's nearthe top left.

Hi, TA I new that, but sometimes :*

 

[James48843]

Re: imported post

I fund opens DOWN -2%.


GREECE !

 

[Cactus]

Re: imported post

OUCH! It is to be expected considering Sunday's NO vote. But it's still a major ouch. The question is where does it go from the open?

 

[James48843]

Re: imported post

Meanwhile- CHINA's stock market appears to be crashing- much worse that anything in Europe.

Take a look at this article:

China's stock market is crashing, and the Chinese are trying to do the exact same thing America did in 1929

more:
China's stock market is crashing, and the Chinese are trying to do the exact same thing America did in 1929 - Yahoo Finance

 

[James48843]

Re: imported post

The "I" fund apparently missed it's target when they set the closing price on Friday- undervaluing the fund by my estimate to be between 1.0% to 1.4%.


Now, Japan, and all European indicies are up this morning- and it may be as much as a 2% jump today, UNLESS stocks crash later today.

Solid positive I fund looks likely to be in the cards, at least for today.

Good luck!


Japan today:
Nikkei 225 (^N225)

-Osaka  In Watchlist

20,089.77

309.94(1.57%)



DAX (^GDAXI)

-XETRA  In Watchlist

11,458.33

142.70(1.26%) 8:41AM EDT





CAC 40 (^FCHI)

-Paris  In Watchlist

4,991.35

88.28(1.80%) 8:41AM EDT




FTSE 100 (^FTSE)

-FTSE  In Watchlist

6,723.38

50.00(0.75%) 8:42AM EDT



All solidly green.



Let's go!

 

[blueroadster]

Re: imported post

For your estimate regarding the I Fund being 1.0 to 1.4% undervalued last Friday, could that be due to a negative fair value being carried over from previous days?

 

[James48843]

Re: imported post

For your estimate regarding the I Fund being 1.0 to 1.4% undervalued last Friday, could that be due to a negative fair value being carried over from previous days?

I think they missed with the FV calculation on Friday, AND they missed one day earlier in the week.


What is funny today is that even though all those indicies- Japan, France, Germany, and the United Kingdome are all up well over 1% today, that the "EFA" fund is showing only 0.48% right now.

Weird.

 

[userque]

Re: imported post

I think they missed with the FV calculation on Friday, AND they missed one day earlier in the week.


What is funny today is that even though all those indicies- Japan, France, Germany, and the United Kingdome are all up well over 1% today, that the "EFA" fund is showing only 0.48% right now.

Weird.

There are a lot more countries included in EFA. Also, my understanding is that fair value deals with the price changes between TSP updates to the I fund price to prevent unfair arbitrage advantages. I don't believe there is "fair value" being carried over...for several days. The I fund underlying is still trading after NYSE/NASDAQ/AMEX close, this is accounted for via 'fair value.' ...my guesses.

I haven't researched this mystery yet. But my above paragraph just seems to make sense to me.? :blink:

 

[blueroadster]

Re: imported post

I think they missed with the FV calculation on Friday, AND they missed one day earlier in the week.


What is funny today is that even though all those indicies- Japan, France, Germany, and the United Kingdome are all up well over 1% today, that the "EFA" fund is showing only 0.48% right now.

Weird.

From the below table, it appears as though the I Fund is about 0.73% short as compared to EFA. That could have happened this past Friday where a +0.73% fair value adjustment would need to be added back to the I Fund as a carry over.

[TABLE="width: 324"]
[TR]
[TD][/TD]
[TD="colspan: 2"]EFA
[/TD]
[TD="colspan: 2"]I Fund
[/TD]
[/TR]
[TR]
[TD]Date
[/TD]
[TD]Price
[/TD]
[TD]% Change
[/TD]
[TD]Price
[/TD]
[TD]% Change
[/TD]
[/TR]
[TR]
[TD]7/10/2015
[/TD]
[TD]64.30
[/TD]
[TD]3.33%
[/TD]
[TD]25.9373
[/TD]
[TD]1.97%
[/TD]
[/TR]
[TR]
[TD]7/9/2015
[/TD]
[TD]62.23
[/TD]
[TD]1.60%
[/TD]
[TD]25.4360
[/TD]
[TD]2.06%
[/TD]
[/TR]
[TR]
[TD]7/8/2015
[/TD]
[TD]61.25
[/TD]
[TD]-2.33%
[/TD]
[TD]24.9233
[/TD]
[TD]-1.71%
[/TD]
[/TR]
[TR]
[TD]7/7/2015
[/TD]
[TD]62.71
[/TD]
[TD]0.03%
[/TD]
[TD]25.3566
[/TD]
[TD]-0.50%
[/TD]
[/TR]
[TR]
[TD]7/6/2015
[/TD]
[TD]62.69
[/TD]
[TD]-2.02%
[/TD]
[TD]25.4847
[/TD]
[TD]-1.97%
[/TD]
[/TR]
[TR]
[TD]7/2/2015
[/TD]
[TD]63.98
[/TD]
[TD]0.13%
[/TD]
[TD]25.9962
[/TD]
[TD]0.03%
[/TD]
[/TR]
[TR]
[TD]7/1/2015
[/TD]
[TD]63.90
[/TD]
[TD]0.65%
[/TD]
[TD]25.9875
[/TD]
[TD]0.74%
[/TD]
[/TR]
[TR]
[TD]6/30/2015
[/TD]
[TD]63.49
[/TD]
[TD]-0.30%
[/TD]
[TD]25.7970
[/TD]
[TD]-0.69%
[/TD]
[/TR]
[TR]
[TD]6/29/2015
[/TD]
[TD]63.68
[/TD]
[TD]-3.13%
[/TD]
[TD]25.9757
[/TD]
[TD]-2.29%
[/TD]
[/TR]
[TR]
[TD]6/26/2015
[/TD]
[TD]65.74
[/TD]
[TD]-0.05%
[/TD]
[TD]26.5839
[/TD]
[TD]-0.56%
[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]65.77
[/TD]
[TD][/TD]
[TD]26.7338
[/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="colspan: 2"]5 Day Change
[/TD]
[TD="align: right"]0.50%
[/TD]
[TD][/TD]
[TD="align: right"]-0.23%
[/TD]
[/TR]
[TR]
[TD="colspan: 2"]10 Day Change
[/TD]
[TD="align: right"]-2.24%
[/TD]
[TD][/TD]
[TD="align: right"]-2.98%
[/TD]
[/TR]
[/TABLE]

 

[James48843]

Re: imported post

There are a lot more countries included in EFA.

That is true- but the four big ones- Japan, United Kingdom, France and Germany make up a significant portion of the holdings, and when all of them are `1.5% positive, it really is rare that other markets drag it down that much. \


Here is the county make-up of the EFA fund:

as of 09-Jul-2015[TABLE="class: exposure-table product-data-list, width: 170"]
[TR]
[TD] [/TD]
[TD]Japan[/TD]
[TD="align: right"]22.61%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]United Kingdom[/TD]
[TD="align: right"]20.14%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]France[/TD]
[TD="align: right"]9.52%[/TD]
[/TR]
[TR="class: selected"]
[TD] [/TD]
[TD]Switzerland[/TD]
[TD="align: right"]9.5%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Germany[/TD]
[TD="align: right"]8.95%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Australia[/TD]
[TD="align: right"]6.71%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Spain[/TD]
[TD="align: right"]3.49%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Hong Kong[/TD]
[TD="align: right"]3.18%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Sweden[/TD]
[TD="align: right"]2.91%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Netherlands[/TD]
[TD="align: right"]2.77%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Italy[/TD]
[TD="align: right"]2.4%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Denmark[/TD]
[TD="align: right"]1.69%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Singapore[/TD]
[TD="align: right"]1.42%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Belgium[/TD]
[TD="align: right"]1.32%[/TD]
[/TR]
[TR]
[TD] [/TD]
[TD]Other[/TD]
[TD="align: right"]3.36%[/TD]
[/TR]
[/TABLE]

​

​

​

 

[OBXTrader]

Re: imported post

Currency fluctuations. Euro is down 1.2% today that means underlying equities from from the Eurozone go down as I understand the mish mash.

 

[FireWeatherMet]

Re: imported post

From the below table, it appears as though the I Fund is about 0.73% short as compared to EFA. That could have happened this past Friday where a +0.73% fair value adjustment would need to be added back to the I Fund as a carry over.

[TABLE="width: 324"]
[TR]
[TD="colspan: 2"]I Fund[/TD]
[/TR]
[TR]
[TD]Date[/TD]
[TD]Price[/TD]
[TD]% Change[/TD]
[TD]Price[/TD]
[TD]% Change[/TD]
[/TR]
[TR]
[TD]7/10/2015[/TD]
[TD]64.30[/TD]
[TD]3.33%[/TD]
[TD]25.9373[/TD]
[TD]1.97%[/TD]
[/TR]
[TR]
[TD]7/9/2015[/TD]
[TD]62.23[/TD]
[TD]1.60%[/TD]
[TD]25.4360[/TD]
[TD]2.06%[/TD]
[/TR]
[TR]
[TD]7/8/2015[/TD]
[TD]61.25[/TD]
[TD]-2.33%[/TD]
[TD]24.9233[/TD]
[TD]-1.71%[/TD]
[/TR]
[TR]
[TD]7/7/2015[/TD]
[TD]62.71[/TD]
[TD]0.03%[/TD]
[TD]25.3566[/TD]
[TD]-0.50%[/TD]
[/TR]
[TR]
[TD]7/6/2015[/TD]
[TD]62.69[/TD]
[TD]-2.02%[/TD]
[TD]25.4847[/TD]
[TD]-1.97%[/TD]
[/TR]
[TR]
[TD]7/2/2015[/TD]
[TD]63.98[/TD]
[TD]0.13%[/TD]
[TD]25.9962[/TD]
[TD]0.03%[/TD]
[/TR]
[TR]
[TD]7/1/2015[/TD]
[TD]63.90[/TD]
[TD]0.65%[/TD]
[TD]25.9875[/TD]
[TD]0.74%[/TD]
[/TR]
[TR]
[TD]6/30/2015[/TD]
[TD]63.49[/TD]
[TD]-0.30%[/TD]
[TD]25.7970[/TD]
[TD]-0.69%[/TD]
[/TR]
[TR]
[TD]6/29/2015[/TD]
[TD]63.68[/TD]
[TD]-3.13%[/TD]
[TD]25.9757[/TD]
[TD]-2.29%[/TD]
[/TR]
[TR]
[TD]6/26/2015[/TD]
[TD]65.74[/TD]
[TD]-0.05%[/TD]
[TD]26.5839[/TD]
[TD]-0.56%[/TD]
[/TR]
[TR]
[TD][/TD]
[TD]65.77[/TD]
[TD][/TD]
[TD]26.7338[/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD="colspan: 2"]5 Day Change[/TD]
[TD="align: right"]0.50%[/TD]
[TD][/TD]
[TD="align: right"]-0.23%[/TD]
[/TR]
[TR]
[TD="colspan: 2"]10 Day Change[/TD]
[TD="align: right"]-2.24%[/TD]
[TD][/TD]
[TD="align: right"]-2.98%[/TD]
[/TR]
[/TABLE]

I was thinking of some "value adjustment" being added to today's close as well, which is why I went all into the -I- last Friday.
We'll see.

 

[James48843]

Re: imported post

I would note that the volatility you are seeing in the I fund over the last few weeks is much higher than what we are used to seeing.

I don't remember seeing as wide a swings in the values, and fair value numbers, as what we seem to be having lately.