F/m Launches SGVA, the First Accumulator Series ETF

F/m Investments launched the F/m Accumulator Ultrashort Treasury ETF (SGVA) on June 11, the first fund in its new Accumulator Series. The ETF carries a 22 bps expense ratio and targets ultrashort Treasury exposure with maturities of one year or less. The announcement is primarily a product-launch update with limited immediate market impact.

Analysis

F/m Investments launched the F/m Accumulator Ultrashort Treasury ETF (SGVA) on June 11, the first fund in its new Accumulator Series. The ETF carries a 22 bps expense ratio and targets ultrashort Treasury exposure with maturities of one year or less. The announcement is primarily a product-launch update with limited immediate market impact.