The United States Department of the Treasury unveiled on Wednesday the investment lineup for Trump Accounts.
"At launch, all contributions to Trump Accounts will be invested in the State Street SPDR Portfolio S&P 500 ETF (SPYM), a low-cost exchange-traded fund (ETF) that tracks the performance of the S&P 500 Index," the Treasury detailed.
Additional low-cost index ETFs also include BlackRock Inc.'s iShares Core S&P 500 ETF (IVV) and iShares Core S&P total US Stock Market ETF (ITOT), as well as Vanguard Total Stock Market ETF (VTI) and State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The Treasury has yet to share when investment election functionality will become available.
https://breakingthenews.net/Article/US-shares-Trump-Accounts-investment-lineup/66615624
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