The U.S. Treasury has unveiled the investment lineup for the new Trump Accounts program, opting for some of the largest, lowest-cost index ETFs in the market rather than specialized or actively managed funds, according to Reuters. The decision places broad-market exposure at the center of a program designed to encourage long-term investing for millions of American children.
Under the initiative, every eligible child born between 2025 and 2028 with a valid Social Security number will receive a $1,000 government-funded investment account. During the program’s rollout, all contributions will automatically be invested in the SPDR Portfolio S&P 500 ETF (NYSE:SPYM), which will serve as the default investment option.
