14.036000 EUR
0.02
0.14%
Last update Dec 10, 4:58 PM CET
Market closed
Day range
14.036000
14.036000
Previous close
14.056000
Open
14.036000
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GX 1-3 Month T-Bill UCITS Fund
14.04
0.02
0.14%

Overview

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Description

GX 1-3 Month T-Bill UCITS Fund is an exchange-traded fund that primarily invests in short-term U.S. Treasury bills. The main purpose of this fund is to offer investors exposure to a portfolio of Treasury securities with maturities ranging from 1 to 3 months, making it an appealing option for individuals and institutions seeking liquidity and preservation of capital. With the low-risk profile characteristic of U.S. government securities, this fund is an attractive vehicle for managing short-term cash positions. Treasury bills, being backed by the full faith and credit of the U.S. government, are considered among the safest investments, offering a reliable means of preserving wealth with minimal credit risk. This ETF plays a significant role in the money market sector, providing liquidity and efficient cash management solutions for a wide array of investors, including financial institutions and corporate treasuries. Additionally, it can serve as a temporary parking spot for idle cash or as a strategic component in a diversified investment portfolio.

About

Address
Phone
1-888-493-8631
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL
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