RILAX

About RILAX

The American Funds Inflation Linked Bond Fund, Class R-1, is an open-end mutual fund that specializes in investing primarily in inflation-linked bonds. Its core purpose is to deliver both inflation protection and a dependable income stream by allocating at least 80% of its assets to inflation-indexed securities issued by the U.S. government, agencies, corporations, and selected foreign governments. These inflation-linked bonds, such as U.S. Treasury Inflation-Protected Securities (TIPS), adjust their principal and interest payments in response to changes in inflation indices like the Consumer Price Index, helping preserve purchasing power over time. The fund is tailored for retirement accounts and features a lower expense ratio relative to other share classes. Portfolio construction is managed through a multi-manager approach, diversifying across maturities, issuers, and geographies to balance risk and returns. Its presence in the market provides investors with a specialized tool to address the impact of rising prices, making it a significant offering within the inflation-protected bond category.