Welcome to our dedicated page for Simplify Government Money Market ETF news (Ticker: SBIL), a resource for investors and traders seeking the latest updates and insights on Simplify Government Money Market ETF stock.
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Simplify Asset Management has launched the Simplify Government Money Market ETF (SBIL), a new ETF designed to provide current income with liquidity and principal stability. The fund invests at least 99.5% of its assets in cash, U.S. Government securities, and fully collateralized repurchase agreements.
SBIL maintains strict portfolio requirements including a 60-day or less dollar-weighted average maturity and 120-day or less dollar-weighted average life. As a Rule 2a-7 compliant government money market fund in ETF format, it offers a unique cash-equivalent solution targeting both retail and institutional investors, though it will maintain a floating NAV.
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