The retirement savings of U.S. federal employees and servicemembers shouldn’t be used to invest in companies headquartered in hostile countries. This is especially true in light of the fact that companies in China and Russia tend to have close ties to those countries’ governments. Consequently, the Thrift Savings Fund’s international investment fund, the “I Fund,” shouldn’t be allowed to invest in Chinese or Russian companies.
The Thrift Savings Fund’s fiduciary obligation to shareholders means that its highest responsibility is to produce the best possible returns to shareholders. Making the I Fund’s investments more diverse serves that interest and allows investors to see growth generated by companies in countries like China and Russia, despite America’s foreign policy differences with those governments.