New TSP L-fund

[tsptalk]

I'm not big on using the L-funds due to the nature of my investment approach, but I do have to deal with them by incorporating them in the AutoTracker.

It was news to me that there was a new fund starting today, the 2070-L fund. One of our members (thanks quabit!) let me know and I've updated the AutoTracker program so it's up and running.

Please report any issues you may find. Thanks!

From tsp.gov:

A new Lifecycle Fund is now available — As of July 26, 2024, you have eleven Lifecycle Funds (L Funds) to choose from instead of the ten previously available. We added one additional L Fund, the L 2070. You can consider investing in the L 2070 Fund if you plan to begin withdrawing from your TSP account in 2068 or later, or if you were born after 2004. Each of the eleven L Funds allows you to target the time when you think you’ll need your money.

A new Lifecycle Fund is now available | The Thrift Savings Plan (TSP)

 

[JTH]

I'm not big on using the L-funds due to the nature of my investment approach, but I do have to deal with them by incorporating them in the AutoTracker.

Sry for the gripe, this isn't targeted towards those who choose to use the L-Funds more so towards the provider.

The C-Fund has the lowest expense ratio at .048% and outperforms all other funds on the 1/3/5/10 year timeframes they posted.

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Adding more insult, the L-2070 Fund allocates 34.65% to the I-Fund but only 12.87% to the S-Fund. Yet it's the S-Fund that outperforms the I-Fund on numerous timeframes. The I-Fund hasn't consistently outperformed the S-Fund since 2007, yet every L-Fund gives the S-Fund the smallest allocation within the CSI funds.

All 3 CSI funds (together) go back 22 years, the Annual 22-Year performance shows the S-Fund in the lead at 11.58%

C-Fund 10.46%, S-Fund 11.58%, I-Fund 7.85%