Derace Lauderdale

Interview transcript: Terry Gerton: You’ve got some exciting news. You’re starting a new credential, Certified Defense Financial Manager Health Care. Why now? Rich Brady: Well, thank you, great question. This actually goes back about two or three years. When I first came to the Society of Defense Financial Management, we started looking at our certification program and wanting to build it out. We’ve got the core certification, the CDFM, and we have the acquisition specialty, the CDFM-A.

Interview transcript: Terry Gerton: Well, let’s jump right in because we’re talking about some interesting trends in recent market performance. What’s jumped out at you, especially in terms of both domestic and international fund performance as we’ve seen the market be so volatile over the last few months? Art Stein: Yeah, there have been two changes that really stand out to me with the TSP funds.

After a strong start in January, the Thrift Savings Plan saw month-over-month declines across all funds in February, with the Common Stock Index C fund and the Small Cap Stock Index Investment S fund posting the highest negative returns. The S fund posted the largest negative return with -5.80%, while the C fund followed up with -1.30% return in February. The rest of TSP funds achieved positive returns last month though almost all were lower compared to January.