S&P Dow Jones Indices Launches S&P Target Tuition Inflation Index

NEW YORK, Sept. 15, 2017

The S&P Target Tuition Inflation Index is comprised of existing total return indices covering U.S. inflation-linked treasury securities (TIPS), U.S. corporate bonds and a short overlay of U.S. equities. The indices used to represent each asset class are:

• S&P U.S. Treasury TIPS 1-10 Year Index;
• S&P U.S. Treasury TIPS 15+ Year Index;
• S&P 500 Bond Index;
• S&P 500®.

"The rise in college tuition has vastly exceeded broad inflation in recent years," said Jodie Gunzberg, Managing Director, Product Management at S&P Dow Jones Indices. "While TIPS are designed to move with general inflation as measured by Consumer Price Index (CPI), the S&P  Target Tuition Inflation Index tracks a combination of stocks and bonds to reflect tuition inflation risk, which has exceeded general CPI historically. The benchmark helps college savers combine TIPS with breakeven inflation, credit spreads and a short equity risk premium."

S&P Dow Jones Indices is a global resource for index-based concepts, data and research. For more information about S&P Dow Jones Indices, please visit www.spdji.com.

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