Making its debut on 03/07/2023, smart beta exchange traded fund F/m US Treasury 6 Month Bill ETF (XBIL) provides investors broad exposure to the Government Bond ETFs category of the market.
Launched on 03/07/2023, the F/m US Treasury 6 Month Bill ETF (XBIL) is a smart beta exchange traded fund offering broad exposure to the Government Bond ETFs category of the market.
The F/m US Treasury 6 Month Bill ETF (XBIL) made its debut on 03/07/2023, and is a smart beta exchange traded fund that provides broad exposure to the Government Bond ETFs category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 7,154 | $357,842 | $357,986.17 | $144.17 | 0.04% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 116,302 | $5.82M | $5.82M | $8,151.14 | 0.14% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 71,809 | $3.59M | $3.6M | $4,294.22 | 0.12% |
Richard Zito Flynn Zito Capital Management LLC | 4,859 | $243,908.09 | $243,144.36 | -$763.73 | -0.31% |
Jeff Ameen Spire Wealth Management | 11,488 | $574,859.52 | $574,859.53 | $0.01 | - |
| NASDAQ (NMS) Exchange | US Country |
The company operates as an investment fund, focusing on aligning its investment strategies with the components of its underlying index. The core investment strategy involves committing at least 80% of the fund's net assets, plus any borrowings for investment purposes, toward the securities that make up the index it tracks. This index is unique in its composition, consisting of a single security that is selected at the start of each month and held throughout the entire month, showcasing a disciplined and strategic approach to investment. This methodology underlines the company's commitment to a specific investment philosophy, aiming at achieving the fund's investment objectives under normal market conditions.
The company offers a singular, focused investment product rooted in a rigorous and methodical investment strategy. The cornerstone of this offering is its adherence to an investment process that prioritizes the components of its specialized underlying index.
At the heart of the company's offerings is its investment fund, tailored to investors seeking exposure to the performance of a meticulously selected underlying index. This index comprises a single security chosen at the beginning of each month and maintained for the entire duration of the month. By investing mostly in the net assets and potential borrowings for investment purposes, the fund aims to mirror or exceed the performance of its underlying index. This approach ensures a focused investment strategy, geared towards achieving the fund’s objectives within the stipulated market conditions.