Upcoming mutual fund window

General TSP Discussion.

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Bubba
Posts: 165
Joined: Thu Mar 05, 2020 3:40 am

Upcoming mutual fund window

Post by Bubba »

Dear all,

Sometimes it seems like I'm the only one stoked for the upcoming mutual fund window. Nevertheless, I think some of you might find the following interesting.

The company that will provide us the service is called Alight (got it from the FRTIB minutes from November).

General info:
https://alight.com/research-insights/se ... e-services

Directions on how to use it:
https://www.alightfinancialsolutions.co ... ochure.pdf

General info website:
https://www.alightfinancialsolutions.com/home.htm

The no fee fund list:
https://www.alightfinancialsolutions.co ... .pdf?ts=79
hint: not much useful here. Sadly. Maybe some suggestions from members here would be interesting. I only like one Baron fund. BREIX.

Here is the full list:
https://www.alightfinancialsolutions.co ... pdf?ts=219

Finally, here are the general costs:

https://www.alightfinancialsolutions.co ... pdf?ts=187

The fees are really, REALLY high. It's so odd given that in my own brokerage half these things are free and I can switch between funds monthly. No, here the switch is every 3 to 6 months and if I want to go the ETF/stock route that costs per purchase (assuming the TSP will allow for the purchase of ETFs/stocks).

I'm a bit shocked that the TSP board chose Alight instead of Fidelity, Schwab or Vanguard or some other, reputable brokerage. I guess this was expected.

Best,

Bubba

P.S. We still have to see what the TSP negotiated with Alight, but I'm not holding my breath.

Bubba
Posts: 165
Joined: Thu Mar 05, 2020 3:40 am

Re: Upcoming mutual fund window

Post by Bubba »

Funny, again I'm the only one posting here. I hope this is interesting to at least one other person on the forum. :)

As an added note, check out the reviews on Alight:

https://www.trustpilot.com/review/www.a ... om?stars=1

We have "much" to look forward to when we get that window...

Scarfinger
Posts: 615
Joined: Mon Jan 30, 2012 12:00 am

Re: Upcoming mutual fund window

Post by Scarfinger »

Interesting. A lot of negative reviews. Will they be handling the TSP? Will this increased our cost structure? What are your take away from these changes?
I am just an average Joe. I have no clue to what the market will do.
TimboSlice wrote: "People really need to stop overthinking this."
Following Daily Seasonal # 139921 as a general guideline.

Bubba
Posts: 165
Joined: Thu Mar 05, 2020 3:40 am

Re: Upcoming mutual fund window

Post by Bubba »

Scarfinger wrote: Thu Feb 18, 2021 12:31 pm Interesting. A lot of negative reviews. Will they be handling the TSP? Will this increased our cost structure? What are your take away from these changes?
I think the main impact is that investing outside the current funds (S, C, etc.) will be expensive. I'm not sure why the FRTIB made such a horrible decision. I do have a tiny sliver of hope that they will have given us a better deal, but that sliver is very, very small. Rotating funds seasonally can be very interesting, but the TSP made this much more difficult.

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Fund Prices2021-04-16

FundPriceDayYTD
G $16.56 0.00% 0.34%
F $20.66 -0.21% -2.53%
C $62.57 0.36% 11.92%
S $83.28 -0.04% 12.24%
I $38.19 0.63% 7.92%
L2065 $13.71 0.39% 10.49%
L2060 $13.71 0.39% 10.49%
L2055 $13.71 0.39% 10.49%
L2050 $27.99 0.31% 8.45%
L2045 $12.79 0.29% 7.92%
L2040 $46.72 0.27% 7.42%
L2035 $12.36 0.25% 6.82%
L2030 $41.20 0.23% 6.25%
L2025 $11.71 0.18% 4.93%
Linc $22.82 0.08% 2.45%

Pending Allocations

Under development. For now, you may view Pending Allocations by going to "fantasy TSP" and selecting "Leaderboard sort" of "Pending Allocations".

What else

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