Stone Ridge 2054 Inflation-Linked Longevity Fund (LIAK)

Overview

The fund is a specialized Exchange-Traded Fund (ETF) designed to offer investors a targeted approach to capitalizing on the U.S. Treasury market, particularly focusing on Treasury Inflation-Protected Securities (TIPS). TIPS are a form of U.S. Treasury securities designed to help protect investors from inflation; they do so by adjusting the principal value of the bond to reflect inflation rates, measured by the Consumer Price Index (CPI). This ensures that the purchasing power of the investors' capital is maintained over time, making these securities an attractive option for those looking to safeguard their investments against the erosive effects of rising prices. In addition to TIPS, the fund engages in investing in money market funds that hold U.S. government bonds or enter into repurchase agreements that are fully collateralized by such securities, providing a dual strategy for capital protection and growth within the realms of government-backed assets.

Products and Services

The fund's investment portfolio is constructed around two primary vehicles:

• Treasury Inflation-Protected Securities (TIPS)

  TIPS are the cornerstone of the fund's investment strategy, providing a hedge against inflation to protect the real value of investors’ capital. These securities are indexed to inflation, ensuring that the investment grows in tandem with the cost of living, making them an ideal option for those concerned with maintaining the purchasing power of their investments over time.

• Money Market Funds

  The fund invests in high-quality money market funds that prioritize safety, liquidity, and a modest return on investment. These funds invest exclusively in U.S. government bonds or repurchase agreements that are collateralized by U.S. government securities, offering a stable and secure option for investors looking to preserve capital while earning a return that typically exceeds that of regular savings accounts.