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 .