FundSurfer
Well-known member
July 2007 Highlights: (my comments in parenthesis with -FS)
Noted that participants engaged in increased trading in June. I-fund traded at $2 billion. Belief is that participants are chasing returns and noted that such activity confirms the importance of the lifecycle funds which are designed to prevent participants from engaging in such trading. (Prevent?? It won't prevent trading. It will help those that do not manage their own accounts is all I see...-FS) Percentage of participants engaging in this activity low, only 6 percent.
L-fund accounts for nearly 8% of all TSP assets.
TSP participants survey on the way soon to statistically significant sample of participants. Hopeful to have results by year end. (LET US KNOW IF YOU GET SURVEYED AND WHAT THE SURVEY ASKED. - FS)
REITS briefly discussed. Board reviewed recent Heritage Foundation article. (Heritage Foundation article -FS) Chairman of board noted key componenent of this discussion would be the survey.
Budget is currently running 4% below forecast.
That was it for July meeting.
TSP Board minutes
Noted that participants engaged in increased trading in June. I-fund traded at $2 billion. Belief is that participants are chasing returns and noted that such activity confirms the importance of the lifecycle funds which are designed to prevent participants from engaging in such trading. (Prevent?? It won't prevent trading. It will help those that do not manage their own accounts is all I see...-FS) Percentage of participants engaging in this activity low, only 6 percent.
L-fund accounts for nearly 8% of all TSP assets.
TSP participants survey on the way soon to statistically significant sample of participants. Hopeful to have results by year end. (LET US KNOW IF YOU GET SURVEYED AND WHAT THE SURVEY ASKED. - FS)
REITS briefly discussed. Board reviewed recent Heritage Foundation article. (Heritage Foundation article -FS) Chairman of board noted key componenent of this discussion would be the survey.
Budget is currently running 4% below forecast.
That was it for July meeting.
TSP Board minutes
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