The exchange-traded fund (ETF) invests in 30-year US Treasury Inflation-Protected Securities, the longest-dated inflation-indexed bonds issued by the US Treasury, and targets monthly distributions.

Washington, DC-based fixed income asset manager F/m Investments has launched the F/m Long-Term Treasury Inflation-Protected Security (TIPS) ETF (RTHY), a fund focused exclusively on 30-year US Treasury Inflation-Protected Securities. 30-year TIPS real yields stood at 3.18% as of 16 October The ETF tracks the Bloomberg US TIPS 25+ Year Equal Weight Index, which currently comprises the five most recently issued 30-year TIPS. F/m Investments said the fund will seek to make monthly distributions