VanEck TBIL ETF (ASX:TBIL)

VanEck 1-3 Month US Treasury Bond ETF

About the TBIL ETF

The VanEck TBIL is a very low risk, liquid strategy investing in short term US Treasuries that offer a potential hedge against risk-off periods and periods of rising interest rates.

TBIL ETF Performance Review

1.02

4.99

Data Current To: 31/12/2023

Our review of TBIL ETF

Short term, low risk, unhedged fund that seeks to track an index.

What we like about the TBIL ETF

Very short term, US Treasury bonds

Very high quality portfolio

Things to be aware of about the TBIL ETF

Concentrated

Takes currency risk

TBIL ETF Investment Strategy

TBIL invests in a portfolio of US dollar denominated Treasury Bills issued by the US Government with a maturity ranging from 1-3 months with the aim of providing investment returns (before fees and costs) that closely track the returns of the Index.

What does the TBIL ETF Invest In?

TBIL is a Government Bond ETF.

One to three month US Treasury Bonds

TBIL ETF Credit Quality

The average credit quality of the TBIL ETF is AAA.

TBIL Frequently Asked Questions

What index does the TBIL ETF aim to replicate?

The TBIL ETF aims to replicate the Bloomberg U.S. Treasury Bill.

How often does TBIL ETF pay distributions?

The distribution frequency of TBIL is Monthly.

When did the TBIL ETF start?

The inception date of the TBIL ETF was 16/05/2023.

What are the net assets of the TBIL ETF?

TBIL has net assets of $78.7m (AUD) as of 31/12/2023.

What are the number of holdings in the TBIL ETF?

Total number of holdings in TBIL is 18 as of 31/12/2023.

What are the management fees for the TBIL ETF?

The annual management fees for the TBIL ETF are 0.22% p.a. Learn more about ETF fees in this article.

How can I invest in the TBIL ETF?

TBIL is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the TBIL ETF have a minimum investment amount?

No, there is no minimum to invest in the VanEck TBIL ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the TBIL ETF?

No, TBIL has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.