Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the FTSE International Inflation-Linked Securities Select Index.
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics. The index is designed to measure the total return performance of inflation-linked bonds outside the United States with fixed-rate coupon payments that are linked to an inflation index. It is non-diversified.