bloobs wrote: ↑Fri Jan 06, 2023 5:03 pm
jackyl33 wrote: ↑Fri Jan 06, 2023 2:51 pm
12squared wrote: ↑Fri Jan 06, 2023 1:41 pm
-1.10% from 12/31/21 to 11/29/2022
-2.01% from 11/30/21 to 11/30/22 (1 year)
What is the source of your spreadsheet?
I used a notebook and a pencil, it was painful, but I'm not awesome at making spreadsheets,
Wow, just completed my own spreadsheet and it calculated a grand total return of 0.73% ROI from 12/31/21 to 11/29/2022 (when it moved to G through EOY).
Also, their March 21 IFT makes no sense since it allocated 25% to C and S. Which fund did the other 50% go to?
They got some 'splaining to do!
There were 251 trading days in 2022. Grow My TSP issued 19 separate allocations during those 251 trading days so that means there were 19 allocation periods. The March 21st allocation was incomplete so I just assumed the remaining 50% was in G. I calculated their Grow Fund's Rate of Return (ROR) for each allocation period in a spreadsheet and came up with a cumulative ROR of -1.97.
The shortfall of my method is that my ROR is per each allocation period instead of daily. TSP return rates are applied daily and would presumably have a daily compounding effect on your return on investment.
Furthermore, I did a mini analysis of the Grow Fund rate of return for November 2022. The Grow Fund claims a 3.03% rate of return for November 2022. But my calculations show that the Grow Fund had a -0.84%
loss. This is a very significant discrepancy.
I sent a message to their customer support to explain. I will let you know what they say.
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