LFAO – LifeX 2055 Longevity Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide reliable monthly distributions consisting of income and principal through 2055. The fund is an ETF that pursues its investment objective by investing in debt securities issued by the U.S. Treasury as well as money market funds that invest exclusively in U.S. government bonds or repurchase agreements collateralized by such securities. Securities issued by the U.S. Treasury historically have not had credit-related defaults and therefore such securities are generally considered to be credit risk-free.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LFAO	LifeX 2055 Longevity Income ETF	ETF	Open	—	—	Jan 8, 2024	$3.08M	0.250%	—	—	−$1.47M

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