
Read the prospectus or summary prospectus carefully before investing.Īs with all ETFs, Shares may be bought and sold in the secondary market at market prices. For a prospectus or summary prospectus with this and other information about the Fund, please call 1-80 or visit our website at. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For more information, please visit Awards Methodologyįor more information and methodology visit ETF.com/awards. F/m provides portfolio managers with institutional-grade investment systems, business operations and marketing and sales support, enabling talented managers to focus on what they do best: managing investments and delivering performance. F/m empowers growth and independence for boutiques, lift-outs and overseas asset managers looking to access the US market. The investment objective of the US Treasury 3 Month Bill ETF (the "UST 3 Month Bill Fund") is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the ICE BofA US 3-Month Treasury Bill Index.į/m is a $4 billion multi-boutique investment advisor platform, designed to support 100% of non-investment responsibilities of an asset management firm. The demand for TBIL was high since launching in August with an AUM increase of 837% by December 31st. This means institutions and retail investors don’t have to deal with the time and cost of rolling their treasuries at auctions and they’re always on the yield curve. Each new single security ETF holds the current "on-the-run" treasury security at each of the key tenors.

QUASAR DISTRIBUTORS SERIES
The TBIL ETF is one of four ETFs launched by F/m Investments’ US Benchmark Series offering the first single-bond ETF. The innovation by F/m Investments and their affiliate US Benchmark Series created the US Treasury 3 Month Treasury Bill (Ticker TBIL), which gave traders, investors, and hedgers something they had never been able to do: easily access the 3-month treasury market and trade options on it. TBIL: With rising interest rates in 2022/2023, investors sought for a way to easily participate and invest in the yield curve - specifically the short-end of the curve. "For TBIL to be recognized in this manner, it shows the great work that the US Benchmark Series team has done to provide such an efficient and high-quality suite of products to the market." "We are thrilled the public recognizes the value and importance of the US Benchmark Series since its launch in August," said Alex Morris, F/m’s President, CIO, and Co-Creator of the US Benchmark Series. Each ETF holds the most current (‘on the run i’) US Treasury security that corresponds to its tenor. The US Benchmark Series is a family of US Treasury ETFs designed to simplify access to the US Treasury market.

US Treasury 3 Month Bill ETF (TBIL) wins Best New ETFīOSTON, May 04, 2023-( BUSINESS WIRE)-The US Benchmark Series, a brand of F/m Investments ("F/m"), announces US Treasury 3 Month Bill ETF (TBIL) has won the ETF.com Award for Best New ETF.
