imported post
Let me clarify my above posts a bit and say that I am not suggesting the I fund will go down or even that it will underperform the C and S funds. I am saying that the EAFE index, the index which the I fund tracks, is not the only factor when playing the I fund. If the EAFE is up but the U.S. dollar is also up, the I fund does not go up as much as ther EAFE index. When the dollar is down, the I fund should do better than whatever the EAFE index does. Right now the dollar is in a position (to me) of being ready to go up rather than down.
Again that does not mean the EAFE index will go down. If the EAFE index has a big day or week and goes up 3% butthe dollar is also up, the I fund may only be up 2.5%. So the I fund can still do well. I would just rather be in there when the wind is at my back and the dollar is looking to go down.
Tom