Most TSP portfolios stumbled in August
'...The only fund in the federal government’s 401(k)-style retirement savings program that finished last month in the black was the G Fund, which increases at a statutorily mandated rate each month. ...The Thrift Savings Plan’s G Fund, which is made up of government securities and grows at a statutorily mandated rate each month, gained 0.35% in August, bringing its gains since January to 2.62%. But every other fund in the program fared worse. The small- and mid-size businesses of the S Fund saw the worst declines...'
Reference: www.govexec.com
Tags:
No comments:
Post a Comment