Revolutionizing Cash Management: The Debut of the Texas Capital Government Money Market ETF

The financial landscape has witnessed a remarkable shift, as the $6.3 trillion money-market industry has welcomed its first-ever exchange-traded fund (ETF) – the Texas Capital Government Money Market ETF (MMKT). This groundbreaking development promises to redefine the way investors manage their cash, offering a unique blend of stability, liquidity, and competitive returns.

Unlocking the Power of Cash Management with Unparalleled Convenience

Navigating the Surge in Money-Market Funds

The current market climate has seen a surge in the popularity of money-market funds, as investors seek safe havens and competitive returns amidst the prevailing uncertainty. The Texas Capital Government Money Market ETF capitalizes on this trend, providing investors with a strategic solution that combines the stability of traditional money-market funds with the added benefit of intraday liquidity typically associated with ETFs.

Aligning with Regulatory Standards

The ETF's investment strategy aligns seamlessly with the stringent regulations set forth by the U.S. Securities and Exchange Commission (SEC) under Rule 2a-7 of the Investment Company Act of 1940. This ensures that the fund adheres to the rigorous standards applicable to money-market funds, offering investors the peace of mind that comes with regulatory compliance.

Maximizing Yield and Liquidity

With an expense ratio of just 0.20%, the Texas Capital Government Money Market ETF invests 99.5% of its total assets in cash and U.S. government securities, including fixed and floating-rate securities, as well as fully collateralized repurchase agreements. This strategic approach allows the fund to deliver competitive returns, making it an attractive option for investors seeking a safe haven for their cash while earning a better yield than a standard savings account.

Bridging the Gap Between Stability and Flexibility

Unlike traditional money-market funds, which only allow redemptions at the end of the day, the Texas Capital Government Money Market ETF offers the added benefit of intraday trading. This feature appeals to institutional investors and those who prioritize liquidity, as it provides a more dynamic cash management solution. Investors can now enjoy the stability and income of a money-market fund with the added convenience of ETF trading.

Navigating the Higher-Interest-Rate Environment

As short-term yields remain attractive, the Texas Capital Government Money Market ETF presents an appealing option for investors seeking liquidity and income, particularly in a higher-interest-rate environment. The fund's strategic focus on government-backed securities and its ability to maintain a stable net asset value (NAV) make it a compelling choice for those seeking to maximize their cash management strategies.

Revolutionizing the Money-Market Landscape

The introduction of the Texas Capital Government Money Market ETF marks a significant milestone in the evolution of the money-market industry. By combining the stability and income of traditional money-market funds with the convenience and flexibility of ETF trading, this innovative product offers investors a fresh approach to managing their cash. As the demand for income and stability continues to grow, this ETF represents a transformative step in the way money-market products are delivered, making it a compelling consideration for investors seeking the security of government-backed investments with the added benefits of ETF trading.