Upcoming mutual fund window
Moderator: Aitrus
Upcoming mutual fund window
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.
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.
Re: Upcoming mutual fund window
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...
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: 810
- Joined: Mon Jan 30, 2012 12:00 am
Re: Upcoming mutual fund window
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.
Paul Merriman 2 fund strat: (age - 25) x2.5 = TDF + balance into S fund or variation ofTimboSlice wrote: "People really need to stop overthinking this."
Re: Upcoming mutual fund window
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.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?
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |