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Treasury says Trump Account investment options will include State Street, BlackRock and Vanguard ETFs
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- Contributions to Trump Accounts will be invested in exchange-traded funds from State Street, Black Rock and Vanguard, the U.S.
- The State Street SPDR Portfolio S&P 500 ETF (SPYM), which tracks the performance of the S&P 500, will be the default investment option at the outset, according to the Treasury Department.
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Contributions to Trump Accounts will be invested in exchange-traded funds from State Street, Black Rock and Vanguard, the U.S. Department of the Treasury said Wednesday.
The State Street SPDR Portfolio S&P 500 ETF (SPYM), which tracks the performance of the S&P 500, will be the default investment option at the outset, according to the Treasury Department. "The fund was selected to provide broad exposure to the U.S. stock market while maintaining expenses well below the statutory fee limitation," Treasury said.
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