Money Market Taxable · Simplify Asset Management Inc. · NYSE
Money Market TaxableETF
Simplify Government Money Market ETF (SBIL) is an exchange-traded fund in the Money Market Taxable category. It has $4.11B in assets, an expense ratio of 0.15% and a 3.65% dividend yield. 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.