C Fund

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Q. I thought the C Fund’s unit price is calculated depending on the Standard & Poor’s 500 index. Would you tell me how I expect what C funds would do compared with S&P 500 index?

A. You should expect the C Fund to closely track the S&P 500 index on a daily closing basis on days when the government is open for business.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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