Investment Objective
The Fund seeks inflation protection and income primarily through investments in inflation-indexed debt securities issued by the U.S. Treasury Department and backed by the full faith and credit of the U.S. government.
Key Points
-
TIPS are U.S. government guaranteed bonds that protect investors from rising inflation as they guarantee investors a real rate of return above inflation.
-
The Fund invests only in TIPS in order to provide the inflation protection investors expect, without exposure to unnecessary risks associated with other instruments.
Sub-Advisors (%)
| NISA Investment Advisors, LLC |
50.5
|
| Standish Mellon Asset Management Co. LLC |
49.5
|