There's An ETF That Pays You Like A Money Market Fund — It Just Started Trading
Portfolio Pulse from Surbhi Jain
The Texas Capital Government Money Market ETF (NYSE:MMKT) has launched, offering investors a new way to access money-market fund benefits with ETF liquidity. With a 0.20% expense ratio, it invests in cash and U.S. government securities, providing a stable, low-cost option for those seeking safety and competitive returns amid market uncertainty.
September 26, 2024 | 4:18 pm
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The Texas Capital Government Money Market ETF (NYSE:MMKT) offers a new investment option combining money-market fund stability with ETF liquidity. It targets investors seeking safety and competitive returns amid market uncertainty.
The launch of MMKT is significant as it combines the benefits of money-market funds with the liquidity of ETFs, appealing to investors seeking safety and competitive returns. The ETF's low expense ratio and compliance with SEC regulations enhance its attractiveness.
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