RFP Issued for F Fund Manager

A request for proposal has been issued for a manager for the TSP’s F Fund.

The Federal Retirement Thrift Investment Board, the body that oversees the Thrift Savings Plan, has issued a request for proposal for a manager for the F Fund.

The contract will be for a one-year term, with four one-year options. It is expected to be awarded by March 2018.

The F Fund and the other funds are currently managed by BlackRock Institutional Trust Company, N.A.

The F Fund invests in a bond index fund that tracks the Barclays Capital U.S. Aggregate Bond Index. This broad index includes U.S. Government, mortgage-backed, corporate, and foreign government (issued in the U.S.) sectors of the U.S. bond market. As of October of 2017, the F Fund held $28.2 billion in assets.

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Ian Smith is one of the co-founders of FedSmith.com. He has over 20 years of combined experience in media and government services, having worked at two government contracting firms and an online news and web development company prior to his current role at FedSmith.