TSP Market Summary: Week of June 24, 2017
Key Takeaways
- S&P 500 reached new record highs Monday, signaling continued strength in C Fund holdings
- Quarter-end positioning may boost healthcare and tech sectors through increased fund flows
- Russell 2000 rebalancing Friday could impact S Fund performance going forward
Recommended Allocation (Moderate Profile)
This is our historical recommendation from this date. For current recommendations, subscribe.
| G Fund | F Fund | C Fund | S Fund | I Fund |
|---|---|---|---|---|
| 0% | 0% | 30% | 35% | 35% |
The major highlight for this week occurred on Monday when the S&P 500 made another new all-time high. Overall, it finished the week up 7 points to close at 2438. On the small cap side, we also had the annual rebalancing of the Russell 2000 index on Friday. With the close of the 2nd quarter next Friday, I’d anticipate mutual fund managers moving more money into this year’s outperforming sectors in order to look good on client statements. That said, heath care and technology could have continued demand possibly driving prices up even further. With the TSP we’ll take advantage of our second monthly transaction and make a slight reallocation change while remaining 100 percent in the equity funds (C/S/I).