Question about yesterday's I Fund return

[WhoDey]

The TSP Talk home page shows that the I fund returned -0.24% yesterday. I checked the share prices (used link on home page) and the price declined from 17.4322 to 17.3907 ... which is a -0.24% return. That checks.

When I look at the W4500, however, it went from a Monday close of 47.36 to a Tuesday close of 47.67 ... a gain of 0.65%.

Why the descrepency? I went to bed thinking I made some money, but woke up to discover that I didn't make as much as I thought!

 

[burrocrat]

I went to bed thinking I made some money, but woke up to discover that I didn't make as much as I thought!

You got pimped. Just like the rest of us common investing ho's. It happens a lot on the street. Who's your daddy? TSP, or blackrock?

No doubt there are far more technical explanations. But that one works for me.

 

[WhoDey]

I did have a disturbing dream last night ...

 

[burrocrat]

I did have a disturbing dream last night ...

Me too, but it wasn't a dream. All i wanted was a coffee cup but i think i'm about to get burned. Today.

Hey, that rhymes with whodey.

This could get interesting. Enjoy the ride. Wheee, wheeeeee.

 

[nnuut]

Fair Value must be taken into account when investing in the "I" Fund.

 

[WhoDey]

I still don't understand.

I can see how actual returns might not track exactly with the indices, but a difference of 0.89% in the daily return is significant.

How should one make an investment decision if you can't use the index?

Confused.

 

[Birchtree]

Don't worry - it always comes back. Sometimes the I fund fair value play is just a slight aggravation.

 

[nnuut]

I still don't understand.

I can see how actual returns might not track exactly with the indices, but a difference of 0.89% in the daily return is significant.

How should one make an investment decision if you can't use the index?

Confused.

This may help you understand:
http://www.tsptalk.com/mb/i-fund/3111-what-fv-how-does-work.html#post50949

 

[WhoDey]

Thank you. That helps.

I'm still surprised at the magnitude of the difference, however, but I'll see what's posted for today. It also makes it difficult to time an entry/exit point.

Thanks again.

 

[tsptalk]

The TSP Talk home page shows that the I fund returned -0.24% yesterday. I checked the share prices (used link on home page) and the price declined from 17.4322 to 17.3907 ... which is a -0.24% return. That checks.

When I look at the W4500, however, it went from a Monday close of 47.36 to a Tuesday close of 47.67 ... a gain of 0.65%.

Why the descrepency? I went to bed thinking I made some money, but woke up to discover that I didn't make as much as I thought!

Maybe I missed something since it hasn't been mentioned, but the W4500 is the S-fund not the I-fund. The EFA is the I-fund, and that's the one where fair value is an issue.

 

[WhoDey]

My bad ... I meant the EFA.

Earlier, I was also looking at the W4500 against the DWCPF. Obviously, my brain can only handle a limited number of acronyms.