Overview
Description
Global X 1-3 Month T-Bill UCITS ETF USD Accumulating is an exchange-traded fund that provides investors with exposure to very short-term U.S. Treasury bills, specifically those with maturities between one and three months. The ETF employs a physical replication strategy, directly holding a basket of Treasury securities issued by the U.S. government. Its primary function is to offer a low-risk, highly liquid instrument that serves as an alternative to cash or money market funds. By holding U.S. Treasury bills, the ETF aims to minimize both credit risk and interest rate risk, which are typically lower for ultra-short maturities. The ETF is structured with an accumulating distribution policy, meaning any interest income is reinvested within the fund, rather than paid out as dividends. With a competitive total expense ratio of 0.07% per annum and assets denominated in USD, this fund is unhedged to currency risk. Its role in the financial market is to provide a safe and convenient way for investors, institutions, and cash managers to access short-term U.S. government debt, enhance liquidity management, and park capital with a stable risk profile.
About
Address
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Phone
1-888-493-8631
Website
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Instrument type
ETF
Country
Germany
MIC code
XHAM