Industry description
The investment seeks current income as is consistent with liquidity and stability of principal.
The fund operates as a “government money market fund” pursuant to Rule 2a-7 under the Investment Company Act of 1940, as amended, and is subject to related restrictions on its portfolio composition. Consequently, the fund invests at least 99.5% of its total assets in (i) cash, (ii) U.S. government securities, and (iii) repurchase agreements fully collateralized by such obligations or cash.
High and low price notable news
The average weekly price growth across all stocks in the Simplify Government Money Market ETF (SBIL) ETF was 0%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 2%. CASH experienced the highest price growth at 6%, while CASH experienced the biggest fall at 6%.