RTHY F/m Long-term Treasury Inflation-Protected Security (TIPS) ETF
Long Inflation Protection made simple and efficient.
The investment objective of the F/m Long-Term Treasury Inflation-Protected Security (TIPS) ETF (RTHY) is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the Bloomberg U.S. TIPS 25+ Year Equal Weight Index (I39542US).
Fund Overview
As ofMedian 30 day spread is calculated by identifying the national best bid and national best offer (“NBBO”) for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
Why RTHY?
Targeted Long-Term Inflation Indexed Bonds: RTHY invests in very long dated (25-30 year) Treasury Inflation Protected Securities. TIPS principal and interest adjust for inflation every month.
Efficient Access to a Distinct Duration Segment: Offers streamlined, low-cost exposure to these real return bonds, often left out of core bond portfolios.
Diversification: Reduces the risk of lower equity returns or unexpected inflation surges.
Features
- Direct Access
Investors in RTHY gain access to an important segment of the Treasury market with the “ease” and efficiency of an ETF.
- Monthly Cash Flow
The monthly1 coupon payments of RTHY are more frequent than the semi-annual payments of the underlying securities.
- Inflation Indexation
The securities held in the RTHY are fully indexed to CPI, helping to mitigate unexpected inflation.
- Tax Efficient
ETF structure helps reduce or eliminate potential capital gains and phantom income complications.
- Long-Term Real Rates
Focused on the longest duration TIPS, RTHY provides access to long term real rates, a key component for valuing long dated bonds, stocks, and real estate.
- Flexibility
We believe that RTHY serves as a complement to other funds of the Benchmark Series ETF complex, allowing investors to structure their portfolio to reflect views on both rates and inflation prospects.
1 The Fund expects to declare and pay distributions, if any, monthly, however it may declare and pay distributions more or less frequently.
Performance History — RTHY
Premium/Discount HistoryQuarter End Performance
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Month End Performance
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The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be bought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Holdings
As of| Name | Symbol | Par Value | Market Value | Weightings(%) |
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Holdings are subject to change without notice.