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F/m’s TBIL Surpasses $4 Billion in Just Two Years Amid Growing Demand for Treasury ETFs

The milestone underscores the success of the US Benchmark Series in offering precise, accessible Treasury investments.

F/m Investments LLC (“F/m”) announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $4 billion threshold in assets. This milestone comes just after TBIL’s two-year anniversary and highlights the growing investor demand for accessible and precise Treasury investments, reflecting TBIL's pivotal role within the financial market landscape.

Launched as a part of F/m Investments’ US Benchmark Series, TBIL was designed to provide investors with efficient access to US Treasury bills. TBIL and the nine additional ETFs that comprise the US Benchmark Series give investors access to US Treasuries at 10 specific points across the yield curve. The Series has raised more than $5 billion in total since its launch two years ago, confirming investor demand for a better way to invest in US Treasury securities.

Alexander Morris, CEO of F/m Investments, shared, "The remarkable ascent of TBIL to over $4 billion in assets underscores the strategic value it offers investors seeking stable and efficient treasury exposure. In a landscape brimming with complex investment vehicles, our US Benchmark Series stands out by delivering straightforward access to the treasury market, meeting the needs of investors across the US Treasury yield curve.”

The success of TBIL reflects F/m’s commitment to providing top-tier investment solutions that meet the evolving needs of the market. The US Benchmark Series has been instrumental in simplifying access to US Treasuries, providing investors with tools to manage duration, yield exposure, and risk with unprecedented ease. Its innovative approach has not only catered to the needs of individual investors but has also served institutional clients seeking stable, predictable returns in a volatile market environment.

“As interest rates fluctuate, the US Benchmark Series ETFs have become invaluable for investors seeking to mitigate risk and achieve stable returns," continued Morris. "Their use as a cash alternative has expanded significantly, providing wealth managers with a flexible and secure option to optimize their investment strategies.”

The drive to innovate didn’t stop with TBIL and the US Benchmark Series. One year ago, F/m filed for a novel exemption with the SEC to allow TBIL and the Benchmark Series to offer a mutual fund share class. This would allow 401(k) investors access to all the rapid innovation they’re missing in the ETF marketplace. In addition, F/m launched the US Credit Series in January, a suite of ETFs that track the industry’s first investable index in investment grade credit. The US Credit Series is consistent with F/m’s mission to provide a set of tools that investors can use to build portfolios with precision and efficiency.

[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. An OTR security is the most recently issued of a periodically issued security (as opposed to an off-the-run security, which is a security that has been issued before the most recent issue and is still outstanding).
 
Duration: A measurement of a bond’s interest rate risk that considers a bond’s maturity, yield, coupon and call features.
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About US Treasury 3 Month Bill ETF

The investment objective of the US Treasury 3 Month Bill ETF 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 (G0O1)

About The US Benchmark Series

The US Benchmark Series allows investors of all sizes to own each of the “Benchmark” US Treasuries in a single-security ETF. Each ETF holds the most current (“on the run”) US Treasury security that corresponds to its stated tenor. For more information, please visit (www.ustreasuryetf.com).

About F/m Investments

F/m Investments is a $15 billion multi-boutique investment firm providing diversified investment strategies to advisors and institutional investors across asset classes, markets, and styles. For more information, please visit www.fminvest.com.

Disclosures:

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (888)123-4589 or visit our website at www.fminvest.com. Read the prospectus or summary prospectus carefully before investing.

As with all ETFs, Shares may be bought and sold in the secondary market at market prices. Interest rate risk is the risk of losses attributable to changes in interest rates. In general, if prevailing interest rates rise, the values of debt instruments tend to fall, and if interest rates fall, the values of debt instruments tend to rise.

Fund Risks: The UST 3 Month Bill Fund may be susceptible to an increased risk of loss, including losses due to adverse events that affect the UST 3 Month Bill Fund’s investments more than the market as a whole, to the extent that the UST 3 Month Bill Fund’s investments are concentrated in a particular issue, issuer or issuers, country, market segment, or asset class. While U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. Government, such securities are nonetheless subject to credit risk (i.e., the risk that the U.S. Government may be, or be perceived to be, unable or unwilling to honor its financial obligations, such as making payments).

ICE BofA US 3-Month Treasury Bill Index is comprised of a single issue purchased at the beginning of the month and held for a full month. At the end of the month that issue is sold and rolled into a newly selected issue. The issue selected at each month-end rebalancing is the outstanding Treasury Bill that matures closest to, but not beyond, three months from the rebalancing date. To qualify for selection, an issue must have settled on or before the month-end rebalancing date.

Investments involve risk. Principal loss is possible.

Distributed by Quasar Distributors, LLC

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