> For the complete documentation index, see [llms.txt](https://docs.theo.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.theo.xyz/products/thbill/wellington-ultra.md).

# Wellington ULTRA

ULTRA is Wellington Management's tokenized short-duration treasury fund, operated in collaboration with Standard Chartered and Fundbridge.

## ULTRA Fact Sheet

<table><thead><tr><th width="188.54541015625"></th><th>Delta Wellington Ultra Short Treasury On-Chain Fund</th></tr></thead><tbody><tr><td><strong>Composition</strong></td><td>Ultra-short-duration U.S. Treasury securities, repos, and cash reserves</td></tr><tr><td><strong>Estimated Returns</strong></td><td>US treasury rates less fees</td></tr><tr><td><strong>Fund Manager</strong></td><td>FundBridge Capital</td></tr><tr><td><strong>Investment Manager</strong></td><td>Wellington Management</td></tr><tr><td><strong>Custodian</strong></td><td>Standard Chartered Bank</td></tr><tr><td><strong>Tokenization Provider</strong></td><td>Libeara (SC Ventures)</td></tr><tr><td><strong>Regulatory Body</strong></td><td>Monetary Authority of Singapore</td></tr><tr><td><strong>Legal Structure</strong></td><td>Singapore Unit Trust</td></tr></tbody></table>