Good find nps! (naval personnel system?) I thought these two paragraphs are also worth quoting from the article:It doesn't sound like it will be forthcoming. Here's what the TSP spokeswoman had to say about it earlier this month:
“The change is a process that will take multiple months to complete,” Kim Weaver said. “We aren’t announcing when we are going into specific countries to prevent front running – in other words, people buying stock ahead of our entrance.”
Source: https://www.stripes.com/theaters/us/202 ... 11368.html
It will actually increase overall diversification while exiting Hong Kong. As another fellow TSP'er (but only in the G fund as my bond holding with TIRA and Roth equities at Fidelity), and without getting into politics, it seems like a good move for a retirement fund that includes our military active and retiree personnel (and many survivors).The current I Fund benchmark, the Morgan Stanley Capital International Europe, Australasia and Far East Index, has never invested in mainland China but since 2001 has had less than 4% of its investments in Hong Kong, according to the release.
The MSCI ACWI IMI ex USA ex China ex Hong Kong is also larger than the current benchmark, with holdings in 5,621 large-, mid- and small-cap stocks in 21 developed markets and 23 emerging markets, according to the release. The MSCI EAFE Index includes 798 large- and mid-cap stocks in 21 developed markets.
Statistics: Posted by TimeRunner — Sun Jan 21, 2024 7:33 am — Replies 10 — Views 937
