Key stats
About GLOBAL X 0-3 MONTH T-BILL ETF CL A UNIT
Expense ratio
0.11%
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Inception date
Apr 12, 2023
The fund provides exposure to a portfolio of ultra-short term Canadian treasury bills. It exclusively holds CAD-dominated, government-backed securities with maturities of 90 days or less that are selected and weighted using a rules-based security selection methodology. Constituents also undergo a screening process to guarantee liquidity and low transaction fees. The fund is actively managed with the investment manager aiming to maintain a target duration within a certain band for the fund. It will also not utilize any sort of derivatives nor short securities. The fund is a great choice for investors who want ultra-short term Canadian treasurys exposure.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.68%
Cash0.32%
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