SBIL

Simplify Government Money Market ETF

$100.23
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The Simplify Government Money Market ETF (SBIL) seeks to provide current income while preserving capital and maintaining liquidity.

Overview

ETF tracking Simplify Government Money Market ETF

Category Innovation
Issuer Other
Inception Date 2025-07-15
Market Cap $2.9B
Average Volume N/A
Dividend Yield 1.16%
52-Week Range $100.01 - $100.50
VWAP $100.21

Performance

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Investment Summary

📎 Investment Objective

The Simplify Government Money Market ETF (SBIL) seeks to provide current income while preserving capital and maintaining liquidity.

🎯 Investment Strategy

The fund invests primarily in short-term U.S. government securities, including U.S. Treasury bills, notes, and bonds, as well as repurchase agreements collateralized by such securities. The fund aims to maintain a stable net asset value (NAV) of $1 per share.

✨ Key Features

  • Focuses on high-quality, short-term U.S. government debt securities
  • Seeks to provide current income and preserve capital
  • Maintains a stable NAV of $1 per share
  • Designed as a low-risk, liquid cash management tool

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
  • Credit risk: The issuer of a security held by the fund may default on its obligations
  • Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
  • Regulatory risk: Changes in government regulations may adversely affect the fund's operations

👤 Best For

The Simplify Government Money Market ETF is best suited for investors seeking a low-risk, liquid cash management solution or as a temporary parking place for cash. It may be appropriate for investors with a short-term investment horizon who are looking to preserve capital and generate current income.