SOFR
Amplify Samsung SOFR ETF
📎 Investment Objective
The Amplify Samsung SOFR ETF (SOFR) seeks to provide exposure to the Secured Overnight Financing Rate (SOFR), which is a broad measure of the cost of borrowing cash overnight collateralized by U.S. Treasury securities.
Overview
ETF tracking Amplify Samsung SOFR ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Amplify Samsung SOFR ETF (SOFR) seeks to provide exposure to the Secured Overnight Financing Rate (SOFR), which is a broad measure of the cost of borrowing cash overnight collateralized by U.S. Treasury securities.
🎯 Investment Strategy
The ETF invests in a portfolio of short-term U.S. Treasury securities and other cash equivalents to provide exposure to the SOFR benchmark. The fund's holdings are designed to closely track the performance of the SOFR index.
✨ Key Features
- Provides exposure to the Secured Overnight Financing Rate (SOFR), a key interest rate benchmark
- Invests in short-term U.S. Treasury securities and cash equivalents to track the SOFR index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Interest rate risk: The value of the fund's holdings may decline due to rising interest rates
- Limited performance history: As a new fund, it has a limited track record for investors to evaluate
- Tracking error risk: The fund may not perfectly track the SOFR index due to various factors
- Liquidity risk: The fund may have difficulty trading its holdings at an advantageous price and time
👤 Best For
This ETF may be suitable for investors seeking low-risk exposure to short-term interest rates and the SOFR benchmark. It could be used as a cash management tool or for diversification within a broader fixed income portfolio. However, the fund's limited history means it may not be appropriate for all investors.