The TSP funds, which are a preferred retirement saving option of the federal employees has been far too close to the red line. The investors have been waiting for some good news since last 3 consecutive months. The hope of the investors proved to be right when TSP funds became positive in the month of March. All the funds saw an increase for the month of March but the growth of the funds in the year 2016 was not positive for all the funds.
Details of the TSP Funds Growth
All the TSP
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The C fund that includes all the common stocks saw a growth of 6.79%. It was up by 1.37% for the year. International stocks also gained 6.59% in March and yet they were down by 2.24% for the year 2016.
The F fund gained a very low boost during the last month when compared to its peers. It was just up by 0.93%. The growth of this fund for the year has been 3.13%. This fund has only the fixed income bonds. The G fund that implies government securities fund was the fund that achieved the lowest growth. It grew by just 0.15% in March which took its overall growth till now to just 0.49%.
L Funds Proved to be the Constant Positive
The L funds had a good growth too. This fund is designed to help move the investors to a portfolio that is slightly less risky. The L Income which is meant for people who have already started with the process of withdrawing their money saw a growth of 1.53% in March. Other L funds also grew slightly. L 2050 saw a growth of 5.94%. L 2040 grew by 5.25%. L 2030 had a growth of 4.54%. L 2020 grew by 3.35%.
A good thing for the TSP investors who have invested in the L funds is that all the L funds have managed to stay in the black till date for this year. L income growth has been 0.62% till date. L 2050 grew by 0.15% till now. L 2040 has grown by 0.3%. L 2030 saw an increase of 0.39% and L 2020 of 0.47%.