The US Treasury 3 Month Bill ETF (TBIL) surpasses $1 billion in assets
F/m Investments LLC (“F/m”), a wholly owned subsidiary of Diffractive Managers Group , announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $1 billion threshold in assets.
- F/m Investments LLC (“F/m”), a wholly owned subsidiary of Diffractive Managers Group , announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $1 billion threshold in assets.
- TBIL is one of ten ETF’s making up the US Benchmark Series, which has raised more than $1.6 billion across the series since its initial August 2022 launch, and was recently named 2022 Best New ETF by ETF.com.
- “In this economic climate, having simplified access to the US Treasury market is something investors needed,” said Alexander Morris, F/m’s President, and CIO.
- The ten ETFs in the Series are:
[1] This periodic transition to the most-recently auctioned Treasury bill, note, or bond of a stated maturity, which is referred to as the “on-the-run” or “OTR” security of that maturity, occurs on one day.