{"id":762900,"date":"2023-06-12T07:03:45","date_gmt":"2023-06-12T11:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-us-treasury-3-month-bill-etf-tbil-surpasses-1-billion-in-assets\/"},"modified":"2023-06-12T07:03:45","modified_gmt":"2023-06-12T11:03:45","slug":"the-us-treasury-3-month-bill-etf-tbil-surpasses-1-billion-in-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-us-treasury-3-month-bill-etf-tbil-surpasses-1-billion-in-assets\/","title":{"rendered":"The US Treasury 3 Month Bill ETF (TBIL) surpasses $1 billion in assets"},"content":{"rendered":"

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The US Treasury 3 Month Bill ETF (TBIL) surpasses $1 billion in assets<\/b><\/p>\n

F\/m Investments\u2019 US Benchmark Series has raised more than $1.6 billion since August 2022 launch<\/b><\/p>\n

BOSTON–(BUSINESS WIRE<\/a>)–F\/m Investments LLC (\u201cF\/m\u201d),<\/a> a wholly owned subsidiary of Diffractive Managers Group<\/a>, announces The US Treasury 3 Month Bill ETF<\/a> (Ticker: TBIL) has crossed the $1 billion threshold in assets. TBIL is one of ten ETF\u2019s making up the US Benchmark Series,<\/a> 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.<\/p>\n

\n\u201cIn this economic climate, having simplified access to the US Treasury market is something investors needed,\u201d said Alexander Morris, F\/m\u2019s President, and CIO. \u201cThe early success of TBIL is a direct result of investors\u2019 desires to invest in the short end of the yield curve, but the entire suite of US Benchmark Series provides flexibility as the market environment evolves.\u201d<\/p>\n

Each ETF in the US Benchmark Series holds the most current (\u201con the run1<\/sup>\u201d) US Treasury security that corresponds to its tenor. The ten ETFs in the Series are:\n<\/p>\n