Treasury Inflation-Indexed
Securities (TIIS)
Securities designed to protect investors and the
future value of their fixed-income investments from the adverse effects of
inflation. Using the Consumer Price Index as a guide, the value of the
securities' principal is adjusted to reflect the effects of inflation. Also
known as Treasury Inflation Protected Securities (TIPS).
Remarks:
Bond funds including mutual funds (open-end and closed-end, actively managed
and indexed), exchange-traded funds and unit investment trusts offer a
convenient and affordable way to invest in a diversified portfolio of bonds,
but a bond fund investment can differ from a bond investment in ways that
are important to understand. |
|
|
|
|