Simplify Government Money Market ETF (SBIL)

The Simplify Government Money Market ETF (SBIL) is an exchange-traded fund from Simplify Asset Management that seeks current income consistent with liquidity and stability of principal.

The fund invests in short-term U.S. Treasury bills, other U.S. government obligations and repurchase agreements collateralized by government securities. Shares trade on an exchange throughout the day, making it a cash-management vehicle in ETF form.

Simplify Asset Management is a New York-based ETF sponsor known for options-based and alternative strategies. A government money market ETF like this one is often used to hold cash within a brokerage account or as collateral within a broader portfolio.