U.S. Treasury selects two BlackRock funds for Trump accounts

The U.S. Treasury has selected two BlackRock funds for inclusion in the Trump Accounts program, a federal initiative designed to help children begin investing. These funds, which are low-cost index mutual funds and ETFs tracking the U.S. stock market, align with the program’s goal of providing broad market exposure.

Trump Accounts, established under federal legislation enacted in 2025, offer a one-time $1,000 government contribution for eligible children born between January 1, 2025, and December 31, 2028. Additional contributions from parents, family members, employers, and other eligible sources are also permitted, with annual limits set at $5,000 per child. The selected BlackRock funds meet statutory requirements, including maximum annual expense ratio of 0.10% and a focus on U.S. equity index tracking.

The Treasury’s decision to include BlackRock funds reflects the program’s emphasis on simplicity and accessibility for families. By limiting investment options to low-cost index funds, the program aims to reduce complexity and encourage participation. The selected funds are expected to serve as default investment vehicles for newly opened accounts, with families retaining the option to roll over funds to other institutions.

The announcement comes as the Trump Accounts program prepares for its official launch, with initial contributions expected to begin on July 4, 2026. The inclusion of BlackRock funds underscores the program’s focus on providing families with a straightforward, cost-effective way to begin investing for their children’s future.