FedSmith Readers Largely Split on I Fund Investing in China

May 12, 2020 1:43 PM , Updated May 24, 2020 1:31 PM
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Currency note with the face of a $100 bill next to the Chinese yuan with a torn edge between the two overlaid on top of a world map

What do FedSmith readers think about the I Fund expanding investment in Chinese companies?

The issue has become a topic of political discussion. The White House and Department of Labor are now directly urging the Federal Retirement Thrift Investment Board (FRTIB) to drop the planned expansion.

While the government oftentimes moves slowly, there are issues that start attracting headlines and the attention of political leaders. That has happened with this topic and events are moving more quickly than would normally be the case.

As f whether the TSP should be barred from investing in Chinese companies, a majority of those responding indicated that they were in favor of this action.

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What about national security issues? Would allowing investment in Chinese companies by the I Fund pose a threat to American security?

A majority of respondents indicated that it would be a threat.

Would I Fund investment in Chinese companies harm national security?

Will investing in Chinese companies impact an individual’s decision to invest in the I Fund? A majority indicated they would be less likely to invest.

Pie chart showing the responses of FedSmith readers to the question of whether changing the I Fund would impact their decision to invest in it

How many of the respondents to this survey invest in the TSP? Almost 97% currently invest in this plan. 64.1% of respondents are currently invested in the I Fund.

While events appear to be occurring quickly on the issue of the TSP’s expansion of the I Fund, we will provide additional information as it becomes available, including the reaction and decisions of the FRTIB to the demands of the White House.

© 2020 Ralph R. Smith. All rights reserved. This article may not be reproduced without express written consent from Ralph R. Smith.


About the Author

Ralph Smith has several decades of experience working with federal human resources issues. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters on federal human resources. Follow Ralph on Twitter: @RalphSmith47