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FlexShares iBoxx 3 Year Target Duration TIPS Index Fund
This fund provides a basket of inflation-protected government bonds, which adjust their value based on inflation rates. Investors use it to safeguard their savings from rising prices, as the bonds pay interest and increase in principal with inflation. It makes money through the interest payments from these bonds and any gains from their price changes in the market.
This fund operates in the fixed-income sector, specifically focusing on Treasury Inflation-Protected Securities (TIPS). It targets investors looking to protect their money from inflation, which erodes purchasing power. By holding bonds with built-in inflation adjustments, it offers a safer alternative to traditional bonds during uncertain economic times.
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