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Products August 3, 2004
BBH Funds Reveals Class A IIS Fund Shares and Info Site
March 20, 2003 (PLANSPONSOR.com) - Brown Brothers
Harriman (BBH) has announced the launch of Class A shares for
the BBH Inflation-Indexed Securities Fund and a new Web site
to provide information on Treasury Inflation-Indexed
Securities (TIPS).
Reported by Eric Hazard
The launch of the Class A shares is intended to expand the availability of the BBH Inflation-Indexed Securities Fund into additional distribution channels, including wrap accounts, broker-dealer networks, and defined contribution plans, according to a news release.
BBH Inflation-Indexed Securities Fund principally invests inflation protection securities. Unlike traditional notes and bonds, which pay a stated rate of interest in dollars and are redeemed at their par amounts, these inflation-indexed assets have regular adjustments to their interest payments and redemption value to compensate for the loss of purchasing power from inflation.
To answer questions investors may have about inflation-indexed assets, BBH set up www.tipsfund.com , offering further education on this asset class. Additional information about BBH Funds can be accessed through www.bbhfunds.com .
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