F/m Investments, a USD18bn fixed income investment firm, has made its flagship TBIL U.S. Treasury 3-Month Bill strategy available in both ETF and mutual fund share classes within a single fund. The launch marks the first time an ETF issuer has brought a dual share class structure into live operation under an SEC exemptive order. U.S. Bank’s global fund services business supported fund operations and administration support in developing and launching what represents the first third-party multi-share class fund solution.
