Treasury Announces Investment Lineup for Trump Accounts | ETFGI LLP
The U.S. Treasury has announced the ETF lineup for the new Trump Accounts program, designed to help families invest for their children's future.At launch, all contributions will be invested in the State Street Investment Management SPDR Portfolio S&P 500 ETF (SPYM), which has been selected as the default investment option.The Treasury has also approved four additional low-cost index ETFs that parents and guardians will be able to choose from once investment election functionality becomes available:✅ BlackRock iShares Core S&P 500 ETF (IVV)
The U.S. Treasury has announced the ETF lineup for the new Trump Accounts program, designed to help families invest for their children's future.At launch, all contributions will be invested in the State Street Investment Management SPDR Portfolio S&P 500 ETF (SPYM), which has been selected as the default investment option.The Treasury has also approved four additional low-cost index ETFs that parents and guardians will be able to choose from once investment election functionality becomes available:✅ BlackRock iShares Core S&P 500 ETF (IVV)
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