Schwab Government Money Market ETF (SGVT)

The Schwab Government Money Market ETF is an exchange-traded fund from Schwab Asset Management, the investment management arm of Charles Schwab. It is designed to offer the characteristics of a government money market fund in an exchange-traded format.

The fund invests in very short-term, high-quality government instruments, such as U.S. Treasury bills, government agency securities and repurchase agreements backed by government securities. Its objective is to provide current income while preserving capital and maintaining a high degree of liquidity.