Simplify Government Money Market ETF (SBIL)
Market Open
11 Sep, 14:00
ARCA ARCA Primary $
100. 17
+0.02
+0.02%
$
4.92B Market Cap
2.98% Div Yield
5,427 Volume
$ 100.15
Previous Close 
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SBIL: Money Market Fund From Simplify
SBIL is Simplify Asset Management's cash management vehicle for its ecosystem of mutual funds and ETFs, which need to maintain short-term, highly liquid cash balances. The ETF is structured as a Government Money Market Fund (MMF), adhering to the strict portfolio composition and liquidity requirements of SEC Rule 2a-7. Since credit risk is removed, the sole material risk is interest rate risk (Fed Funds). As the Federal Reserve cuts rates, the fund's monthly yield will decrease.
Seekingalpha | 9 months ago
