50.060001 CAD
0.015
0.03%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
50.049999
50.060001
Previous close
50.044998
Open
50.049999
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Global X 0-3 Month T-Bill ETF
50.06
0.02
0.03%

Overview

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Description

Global X 0-3 Month T-Bill ETF is an exchange-traded fund designed to offer investors exposure to short-term U.S. Treasury Bills with maturities of three months or less. The primary function of this ETF is to provide income with a high degree of safety and liquidity by investing in these short-duration government securities. Managed by Global X, this fund caters to investors seeking to preserve capital while earning a modest yield in times of market uncertainty or low interest rate environments. Featuring a low expense ratio and the convenience of trading on major stock exchanges, this ETF is a practical choice for individuals and institutions looking to park their cash or adjust the duration of their fixed-income portfolios. Its significance in the financial market lies in its ability to offer a stable and secure investment vehicle, particularly appealing to those prioritizing principal protection and minimal interest rate risk.

About

Address
Phone
416 933 5745
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
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