Designed for investors worried about the impact of inflation on their future purchasing power, the fund invests in short-term credit instruments and inflation-linked investments.
“With inflation concerns increasingly on the minds of our clients and business partners, we wanted to provide a product that seeks to deliver positive returns in an inflationary environment while helping to guard investors during periods of rising interest rates,” said Daria Foster, managing partner with Lord Abbett. “We believe this is a competitive solution that provides a shorter duration, higher yield and lower expenses compared to many of the other inflation-protected products currently available in the market.”
