I fund

[kayline]

Why did the I fund fish showing -.03 for the day .. yet record -.79?

[Aitrus]

It's called "fair value pricing." It's because foreign markets are open when US markets are closed.

Go to this link, then click on "Fair Value Pricing" to read how the TSP does this, along with an example of why it's necessary.

https://www.tsp.gov/share-price-calculation/

[Bubba]

That sucker is going like crazy!

I know that it doesn't include China, but it does include EM + developed markets. I've been reading that developed markets (especially Germany and the UK) are going to do well this year. Some EM nations too. It'll be interesting to see how the end of the year will look given that information. We'll see!

[n.shift]

I haven't ever messed with the I FUND much but can't help to notice it's on fire. My question is, is the symbol to watch on the stock market "EFA I shares MSCI EAFE ETF"? On the home page, it looks like it has a different symbol to track the I fund. I just need to clear this up. Thank y'all

[Bubba]

I haven't ever messed with the I FUND much but can't help to notice it's on fire. My question is, is the symbol to watch on the stock market "EFA I shares MSCI EAFE ETF"? On the home page, it looks like it has a different symbol to track the I fund. I just need to clear this up. Thank y'all

A big chunk of the (I Fund) fire is because there's a massive amount of Euros being spent on defense. In fact, the amount is going to rival the US DoD for the first time. As a recent tweet just suggested (originating from a German):

"So let me get this straight, the entire Western world wants us to build a huge army, march through Poland and fight Russians if necessary? Just writing it down so there are no misunderstandings in the future..."

P.S. I suspect the Japanese budget is going to blossom soon too. More I Fund fun?

[cosmokrame]

I haven't ever messed with the I FUND much but can't help to notice it's on fire. My question is, is the symbol to watch on the stock market "EFA I shares MSCI EAFE ETF"? On the home page, it looks like it has a different symbol to track the I fund. I just need to clear this up. Thank y'all

EFA I shares MSCI EAFE ETF"....this was the old one. The thrift board changed last year.
The new one is MSCI ACWI IMI ex US ex CHNA ex (^753692-USD-STRD) only to be found on Yahoo...https://finance.yahoo.com/quote/%5E753692-USD-STRD/


o

[bdrieck]

So I'm watching I fund on Yahoo finance. so when do the Markets open/close for I fund. also why can I only see 5 days of history?

[jimcasada]

I believe TSP just goes by whatever the total index value is at 4pm eastern US time each day. I'm not sure how they came up with this "MSCI ACWI IMI ex US ex CHNA ex" chart, but it doesn't seem any more accurate than the old $EFA, which is a publicly traded ETF.

[Bubba]

Funny story, I'm looking at the European markets. Right now, France and Germany are actually green (futures) while their daily indices are down by less than 2%. Shanghai and Sensex not doing bad either. They're all showing tons of strength vs. the American side. That strength during a time of loss might be telling for the rest of the year...

[mrwawa]

I am currently in the I fund and am curious how all of this plays out. I wish there was a gold option in TSP! LOL.

[Bubba]

I am currently in the I fund and am curious how all of this plays out. I wish there was a gold option in TSP! LOL.

You have the option of gold miners in the MFW. I wouldn't suggest that...but it's there.

Having said that, I'm guessing that the only way through the current moves will be either in the G or F Funds. I suspect F will pay handsomely for the next week or so.

[Horaenaut]

Funny story, I'm looking at the European markets. Right now, France and Germany are actually green (futures) while their daily indices are down by less than 2%. Shanghai and Sensex not doing bad either. They're all showing tons of strength vs. the American side. That strength during a time of loss might be telling for the rest of the year...

I think global stocks are lagging because folks wanted safe haven from American volatility, but US market will crash them as well (and probably harder than us). I sold my position in I and moved to S to catch the big run down. S is more diversified than C even if the small companies are more sensitive to initial shocks.

[jimcasada]

This new "MSCI ACWI IMI ex US ex CHNA" purple line on the Live chart really doesn't seem to be very accurate at all. Yesterday, it showed the I-fund treading near 1/4% all day long, but at the end of the day, I-fund actually closed up at 1.38%. The old $EFA chart seems to more closely resemble our current I-fund, even with the changes they made.

[Stuman]

Yes, I noticed a similar trend to what you observed.

[Aitrus]

This new "MSCI ACWI IMI ex US ex CHNA" purple line on the Live chart really doesn't seem to be very accurate at all. Yesterday, it showed the I-fund treading near 1/4% all day long, but at the end of the day, I-fund actually closed up at 1.38%. The old $EFA chart seems to more closely resemble our current I-fund, even with the changes they made.

So Archibald took a look behind the scenes to see what's being tracked. The I Fund is linked to "MSCI ACWI IMI ex US ex CHNA ex HK", which is the same thing the I Fund tracks on Yahoo.

My guess is that the fail value pricing is skewing quite a bit because of all the wild market swings we've been seeing. In normal times, the difference isn't that big because daily market moves are 1% or less, but since the tariffs were levied the market has been more volitaile than normal. During those times, the I Fund results we see during US trading hours is often very different than what ends up being decided via the fair value pricing process.