QUICK SPARK: F/m Investments Tops $10 Billion in ETF Assets as Treasury Funds Keep Winning
F/m Investments surpassed $10 billion in ETF assets, led by its $7.2 bn TBIL fund, while ultrashort Treasury ETF SGVA topped $100 mn days after launch.
F/m Investments grew really big—over $10 billion in total—because people are putting lots of money into their Treasury funds, which are like super-safe savings accounts. When lots of people trust a company with their money like this, it can mean they think that company knows what it's doing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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