Overview
Description
The Global X 0-3 Month T-Bill ETF is an exchange-traded fund designed to provide investors with exposure to very short-term U.S. Treasury bills. Its primary function is to offer a safe, liquid, and low-risk investment option that seeks to mirror the price and yield performance of the Solactive 0-3 month U.S. T-Bill Index. By doing so, it aims to generate income consistent with short maturity Treasury securities. Notable features of this ETF include its focus on securities with a maturity of three months or less, which helps to mitigate interest rate risk. As part of the fixed-income asset class, it appeals to investors seeking cash-like instruments that provide preservation of capital, liquidity, and hold a pivotal role in diversifying portfolios. The Global X 0-3 Month T-Bill ETF plays a crucial role in financial markets by facilitating cash management strategies and serving as a secure haven during volatile market conditions.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE