TSP to Change I Fund Index, Leave Others as Is

[fretwell]

I've not seen anything posted on here about this: TSP to Change I Fund Index, Leave Others as Is

Current I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=EFA

Proposed I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=ACWI

 

[Frixxxx]

I've not seen anything posted on here about this: TSP to Change I Fund Index, Leave Others as Is

Current I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=EFA

Proposed I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=ACWI

Yes, this has been discussed, but since there hasn't been a formal document that lists the make up, and it is still a year out, we're waiting patiently. How are you getting the info on the proposed ETF symbol?

 

[fretwell]

Yes, this has been discussed, but since there hasn't been a formal document that lists the make up, and it is still a year out, we're waiting patiently. How are you getting the info on the proposed ETF symbol?

The article said, "...The board at its most recent meeting accepted a recommendation by a consultant to switch to linking the I fund to the MSCI All Country World Index...", so I just looked up the "MSCI All Country World Index" fund.

 

[Frixxxx]

The article said, "...The board at its most recent meeting accepted a recommendation by a consultant to switch to linking the I fund to the MSCI All Country World Index...", so I just looked up the "MSCI All Country World Index" fund.

Gotcha, thanks, in my cursory review of the article I must have gleaned over the reference.

 

[Scraps]

I've not seen anything posted on here about this: TSP to Change I Fund Index, Leave Others as Is

Current I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=EFA

Proposed I-Fund: http://money.cnn.com/quote/etf/etf.html?symb=ACWI

Hopefully this is inaccurate information. ACWI includes the US. Its top holdings are

APPLE INC
MICROSOFT CORP
AMAZON COM INC
FACEBOOK CLASS A INC
JPMORGAN CHASE & CO
JOHNSON & JOHNSON
EXXON MOBIL CORP
ALPHABET INC CLASS C
TENCENT HOLDINGS LTD China
ALPHABET INC CLASS A

All but Tencent is a US company

Hopefully they are really talking about ACWX, which is the ACWI minus the US. Its top holdings are

TENCENT HOLDINGS LTD China
NESTLE Switzerland
SAMSUNG ELECTRONICS LTD Korea (South)
TAIWAN SEMICONDUCTOR MANUFACTURING Taiwan
ALIBABA GROUP HOLDING China
HSBC HOLDINGS PLC United Kingdom
NOVARTIS AG Switzerland
ROCHE HOLDING PAR AG Switzerland
TOYOTA MOTOR CORP Japan
BRITISH AMERICAN TOBACCO PLC United Kingdom

 

[alevin]

Let's hope they have it straight, or get it straight by the time they make the change. Needs to be ex-US. We'll need to be writing in to the Board if there are any further references to ACWI as the date gets closer, rather than to ACWX. And spread the word on other fed retirement forums to get others to sit up and take note and make some noise too.

 

[tsptalk]

I haven't heard anything on this in a while. I wonder if it's still a consideration? Anyone know?

https://federalnewsnetwork.com/commentary/2018/04/a-brighter-investment-outlook-for-the-i-fund/

 

[James48843]

I haven't heard anything on this in a while. I wonder if it's still a consideration? Anyone know?

https://federalnewsnetwork.com/commentary/2018/04/a-brighter-investment-outlook-for-the-i-fund/

I had not seen this before. I will go scan the meeting minutes and see if I can pick up any information on it.

If true- that would be a significant improvement for the I fund. We needed wider exposure to the world.

 

[jtt013]

I haven't heard anything on this in a while. I wonder if it's still a consideration? Anyone know?

https://federalnewsnetwork.com/commentary/2018/04/a-brighter-investment-outlook-for-the-i-fund/

I know I've seen somewhere that they were going to delay until 2020 (I think on fedweek ), but here is something I found on Google real quick, seems they're waiting for some new managers first or something:

https://www.pionline.com/article/20...rgest-u-s-retirement-fund-the-sky-s-the-limit

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[jtt013]

Here's a fedweek article discussing it:

https://www.fedweek.com/tsp/more-planned-improvements-to-the-tsp/

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[PessOptimist]

Based on the link, MSCI All World doesn't seem to exist. MSCI ACWI does but contains 54.41% US stocks. Digging deeper I find MSCI ACWI EX USA INDEX. Maybe that is where they are going?


If so percentages are Japan 16.13% United Kingdom 11.3% China 8.2% France 7.45%
Canada 6.82% Other 50.1% v Japan 24.14% United Kingdom 16.92% France 11.14% Switzerland 9.17%
Germany 8.68% Other 29.95% for the current MSCI EAFE. Couldn't find any info on "other".


FWIW, MSCI ACWI EX USA earned -14.2% for 2018.


https://www.msci.com/documents/10199/ca7b1b93-7bae-4fe2-928e-7340ff17c71c


This link states -13.77% for 2018 but I have a saved one from this morning that states -14.2%. Maybe they update it daily?


PO

 

[jtt013]

I believe you are correct. It should follow the MSCI world excluding US. Similar to VXUS in Vanguard for FTSE

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