F/m Investments’ US Benchmark Series Named Finalist for WealthManagement.com’s 2023 ‘Best ETFs’ Award
June 14 2023 - 7:00AM
Business Wire
F/m Investments LLC (“F/m”), a wholly owned subsidiary of
Diffractive Managers Group, is proud to announce its US Benchmark
Series is a finalist for WealthManagement.com’s ‘Best ETFs’ award
for 2023. The US Benchmark Series is a family of US Treasury ETFs
designed to simplify access to the US Treasury market. The US
Benchmark Series ETFs have raised more than $1.6 billion since
their initial launch in August 2022.
“As the US Benchmark Series continues to build its popularity,
we want to congratulate everyone who worked on bringing this suite
of ETFs to market for a job well-done,” said Alexander Morris,
F/m’s President and CIO. “From the vision of what the Benchmark
Series would be, to the execution to make these offerings a
reality, this recognition is a team accomplishment. We’re proud to
learn that our peers in the industry also note these efforts.”
Award winners will be announced at the WealthManagement.com 2023
Industry Awards ceremony on September 7th.
Each ETF in the US Benchmark Series holds the most current (“on
the run1”) US Treasury security that corresponds to its tenor. The
ten ETFs in the Series are:
- The US Treasury 3 Month Bill ETF (TBIL)
- The US Treasury 6 Month Bill ETF (XBIL)
- The US Treasury 12 Month Bill ETF (OBIL)
- The US Treasury 2 Year Note ETF (UTWO)
- The US Treasury 3 Year Note ETF (UTRE)
- The US Treasury 5 Year Note ETF (UFIV)
- The US Treasury 7 Year Note ETF (USVN)
- The US Treasury 10 Year Note ETF (UTEN)
- The US Treasury 20 Year Bond ETF (UTWY)
- The US Treasury 30 Year Bond ETF (UTHY)
[1] This periodic transition to the most-recently auctioned
Treasury bill, note, or bond of a stated maturity, which is
referred to as the “on-the-run” or “OTR” security of that maturity,
occurs on one day. An OTR security is the most recently issued of a
periodically issued security (as opposed to an off-the-run
security, which is a security that has been issued before the most
recent issue and is still outstanding).
About F/m Investments
F/m Investments is a registered investment advisor and a wholly
owned subsidiary of Diffractive Managers Group. For more
information, please visit www.fm-invest.com.
About Diffractive Managers Group
Diffractive is a private multi-boutique asset management company
with centralized distribution and operational support whose
affiliates manage more than $24 Billion in total AUM. Diffractive’s
expertise lies in identifying unique and innovative investment
strategies and uncovering partnership opportunities where
centralized distribution can potentially drive significant growth.
For more information, visit www.diffractivemanagers.com.
About The US Benchmark Series
The US Benchmark Series allows investors of all sizes to own
each of the “Benchmark” US Treasuries in a single-security ETF.
Each ETF holds the most current (“on the run”) US Treasury security
that corresponds to its stated tenor. For more information, please
visit (www.ustreasuryetf.com).
Disclosures:
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a
prospectus or summary prospectus with this and other information
about the Fund, please call 1-800-617-0004 or visit our website
at www.ustreasuryetf.com. Read the prospectus or
summary prospectus carefully before investing.
Wealth Management Awards 2023 Methodology: WMIA 2023
Nomination Categories and Criteria.pdf (informabi.com)
As with all ETFs, Shares may be bought and sold in the secondary
market at market prices. Interest rate risk is the risk of losses
attributable to changes in interest rates. In general, if
prevailing interest rates rise, the values of debt instruments tend
to fall, and if interest rates fall, the values of debt instruments
tend to rise.
Fund Risks: The UST 3 Month Bill Fund may be susceptible
to an increased risk of loss, including losses due to adverse
events that affect the UST 3 Month Bill Fund’s investments more
than the market as a whole, to the extent that the UST 3 Month Bill
Fund’s investments are concentrated in a particular issue, issuer
or issuers, country, market segment, or asset class. While U.S.
Treasury obligations are backed by the “full faith and credit” of
the U.S. Government, such securities are nonetheless subject to
credit risk (i.e., the risk that the U.S. Government may be, or be
perceived to be, unable or unwilling to honor its financial
obligations, such as making payments).
ICE BofA US 3-Month Treasury Bill Index is comprised of a
single issue purchased at the beginning of the month and held for a
full month. At the end of the month that issue is sold and rolled
into a newly selected issue. The issue selected at each month-end
rebalancing is the outstanding Treasury Bill that matures closest
to, but not beyond, three months from the rebalancing date. To
qualify for selection, an issue must have settled on or before the
month-end rebalancing date.
Investments involve risk. Principal loss is possible.
Distributed by Quasar Distributors, LLC
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Rex Carlin Lyceus Group 206.240.5108 rcarlin@lyceusgroup.com
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