iShares $ Treasury Bond 0-3 Month UCITS ETF USD (Acc)

iShares $ Treasury Bond 0-3 Month UCITS ETF USD (Acc) is an exchange-traded fund that tracks the ICE 0-3 Month US Treasury Notes & Bills Index, comprising dollar-denominated fixed-rate government bonds issued by the US Treasury with remaining maturities of three months or less. Launched on 24 September 2024 and domiciled in Ireland, this accumulating ETF reinvests income, aiming to replicate the index's price and yield performance through a portfolio primarily of short-term US Treasury bills. With a low total expense ratio of 0.07% and assets under management around 445 million euros as of recent data, it offers exposure to the highly liquid, low-risk US money market segment. The fund's holdings consist almost entirely of Treasury bills, providing stability and minimal credit risk due to US government backing. Geared toward United States Treasury securities, it serves investors seeking a cash-like instrument for liquidity management, collateral, or short-term fixed-income allocation in a UCITS-compliant structure suitable for European markets. Its short duration minimizes interest rate sensitivity, enhancing its role as a conservative building block in diversified portfolios.