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The TSP offers ten fund options, five of which operate like traditional index [[mutual fund]]s and five are "Lifecycle" (target-date) funds:
 
The TSP offers ten fund options, five of which operate like traditional index [[mutual fund]]s and five are "Lifecycle" (target-date) funds:
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*G (Government) Fund -- invests in special government securities not offered to the general public.  This is the only fund where a positive return on investment is guaranteed as the securities are guaranteed by the "full faith and credit" of the US Government.
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*G (Government) Fund -- invests in special government securities not offered to the general public; the return is specified by law as the weighted average yield of Government securities having at least four years until maturity.  This is the only fund where a positive return on investment (though not necessarily enough to keep up with inflation) is guaranteed as the securities are guaranteed by the "full faith and credit" of the US Government.
 
*C (Common Stock) Fund -- invests in the BlackRock Equity Index Fund, which attempts to match the total return version of the S&P 500.
 
*C (Common Stock) Fund -- invests in the BlackRock Equity Index Fund, which attempts to match the total return version of the S&P 500.
 
*F (Fixed Income) Fund -- invests in the BlackRock U.S. Debt Index Fund, which attempts to track the Barclays Capital Aggregate Bond Index.
 
*F (Fixed Income) Fund -- invests in the BlackRock U.S. Debt Index Fund, which attempts to track the Barclays Capital Aggregate Bond Index.
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