RBIL – F/m Ultrshrt Trs Infl-Protd Sec TIPS ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the Bloomberg U.S. Ultrashort TIPS 1-13 Months Total Return Unhedged USD Index (I39232US). The index measures the performance of U.S. Treasury Inflation-Protected Securities (“TIPS”) with maturities from 1 month up to (but not including) 13 months. Under normal market conditions, F/m Investments LLC seeks to achieve the fund’s investment objective by investing at least 80% of the fund’s net assets in TIPS with maturities of 1-13 months. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RBIL	F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	ETF	Open	—	—	Feb 24, 2025	$174.88M	0.170%	—	—	$102.75M

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