The fund offers coverage of the US short-term TIPS market by tracking the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index. To be eligible, securities must be denominated in USD, have a remaining time to maturity of less than 5 years, be rated investment grade, and have an outstanding face value of not less than 300 million USD. Constituents are market cap-weighted and rebalanced on a monthly basis. Like all Treasury debts, TIPS are issued by and backed by the full faith and credit of the US government. On top of that, since the fund is short-term in nature, it bears minimal interest rate risk. In all, the fund is a viable option for investors seeking comprehensive exposure to the short-term TIPS market.