S&P STRIDE TIPS-Lockbox 2040 Index Total Return

The S&P Shift To Retirement Income and Decumulation (STRIDE) Index Series represents a life cycle, rules-based transition from growth assets to a hedged stream of inflation-adjusted retirement income. The S&P STRIDE TIPS-Lockbox 2040 Index Total Return tracks a strategy that does not reduce index weight in TIPS-LDI once it is established. The index does, however, rebalance between equity and nominal bond indices as explained in the methodology. No hypothetical withdrawals are made after the target date.