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TSP board OKs new international fund index, this time without China

November 15, 2023

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The agency responsible for administering the federal government’s 401(k)-style retirement savings program announced Tuesday that next year, the Thrift Savings Plan will transition its portfolio of international investments to a new, broader index, which officials say will improve the I Fund’s performance.

The TSP’s core funds all track a benchmark index that guide investment in a market sector, be that small or large businesses in the cases of the S and C funds, respectively, or investments in international markets, as is the case with the I Fund. For years, the I Fund has been tied to the MSCI Europe, Australasia and Far East Index.

But next year, the TSP will move I Fund investments to a new, broader, index in the form of the MSCI All Country World ex USA ex China ex Hong Kong Investable Market Index, or MSCI ACWI IMI ex USA ex China ex Hong Kong Index, for slightly shorter.

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