Hello Warren!

TSPMAX Update - June 17, 2005

A BUY signal is issued today for the I Fund. Appropriate re-allocations should be made before noon Eastern time Monday, June 20 2005, for maximum efficiency!

Current fund signals are as follows:

F Fund (10.61) - HOLD, Bought on 5/4/2005 for 10.52 (+0.86%)
C Fund (13.08) - HOLD, Bought on 6/1/2005 for 12.91 (+1.32%)
S Fund (15.11) - HOLD, Bought on 5/19/2005 for 14.36 (+5.22%)
I Fund (15.55) - BUY, Sold on 4/15/2005 for 15.18

Signal key:

OUT - All funds withdrawn from fund
HOLD - All targeted funds remain invested in fund
BUY - Move targeted funds immediately into fund
SELL - Move funds immediately out of fund



Asset Allocation Strategies

Today's TSPMAX signals call for re-allocations within the TSPMAX Asset Allocation Strategies. Appropriate Interfund Transfers should be made immediately, and no later than noon Eastern time Monday (June 20). The re-allocations are as follows:

TSPMAX Dynamic: (+2.07%)
G Fund 0%
F Fund 4%
C Fund 33%
S Fund 50%
I Fund 13%

TSPMAX Conservative: (+0.97%)
G Fund 0%
F Fund 25%
C Fund 25%
S Fund 25%
I Fund 25%

TSPMAX Balanced-Aggressive: (+1.24%)
G Fund 0%
F Fund 25%
C Fund 25%
S Fund 25%
I Fund 25%

TSPMAX 40/60: (+1.05%)
G Fund 0%
F Fund 40%
C Fund 20%
S Fund 20%
I Fund 20%

Contact TSPMAX for more info