F/m Launches Tax-Efficient Treasury ETF That Avoids Distributions

F/m Investments has launched the F/m Accumulator Ultrashort Treasury ETF (SGVA), the first fund in its new Accumulator Series designed to maximize total return by keeping investment gains inside the ETF rather than paying regular distributions. The actively managed fund provides exposure to U.S. Treasury securities with maturities of up to 12 months and uses a tax-aware approach that seeks to avoid receiving dividend distributions from underlying Treasury ETFs. By eliminating reinvestment friction and reducing current taxable income, SGVA aims to offer a more efficient way for taxable investors to access ultrashort Treasury exposure.