Rho Treasury now supports multi-asset portfolios. You can hold T-Bills, an ultra-short income fund, and a short-term bond fund simultaneously, split however you want across your reserves.
You set the allocation once. Every deposit, withdrawal, maturity, and dividend flows automatically to match your target split - no spreadsheets, no manual moves.
Rolling out to all Rho users later this month. Three starting-point allocations available to help you find the right mix for your runway.
Rho Treasury just got a lot more powerful
We're excited to announce multi-asset Treasury portfolios - coming to all Rho users later this month. Soon, you'll be able to split your funds however you want - T-Bills for cash you'll need in the near-term, MULSX for additional yield, or VFSTX for your longer-term reserves.
Whatever mix fits your risk appetite and reserves plan. Set it once, and you're done. New money gets allocated, things drift and rebalance automatically. No spreadsheets. No manual moves. Managing your company cash like an elite treasurer, in minutes.
Why it matters
Your cash position doesn't fit one profile. Near-term operating expenses sit alongside reserves you won't touch for a year. Each bucket has a different risk tolerance, a different yield expectation, a different job to do. Until now, Rho Treasury made you pick one strategy for all of it.
Now you won't have to.
A quick look at each asset
Three assets. Three different jobs.
Treasury Bills (13-week) are U.S. government-backed securities with fixed returns and no NAV variability. Best for cash you won't need for at least 3 months. For anything needed sooner, keep funds in your Rho Checking account.
Morgan Stanley Ultra-Short Income Portfolio (MULSX) invests in high-quality, short-duration instruments - commercial paper, corporate debt, asset-backed securities. NAV is variable but designed to stay highly stable. Interest accrues daily, dividends paid monthly. Best for cash you won't need for at least 6 months.
Vanguard Short-Term Investment-Grade Bond Fund (VFSTX) offers the highest yield potential of the three, investing in short-term corporate bonds and investment-grade fixed income. Carries meaningful NAV variability due to interest rate movements. Best for reserves you won't need for at least a year. Don't allocate near-term operating cash here.
How it works
Set your target allocation in 5% increments across any combination of the three assets. From there, the platform handles everything.
Every deposit, withdrawal, T-Bill maturity, and dividend flows automatically to match your target split. Your dashboard shows a single blended yield across your full portfolio, net of fee - updated in real time. If your business situation changes, update your split and the system rebalances.
You don't have to touch it.
Not sure where to start?
Three allocations built around common runway profiles:
Capital preservation (100% T-Bills) - near-term safety on shorter runways or uncertain timing.
Balanced income (40% T-Bills / 60% MULSX) - 3-12 month reserves where you want yield without meaningful NAV exposure.
Optimized yield (15% T-Bills / 60% MULSX / 25% VFSTX) - 12+ months of runway, looking to maximize return on longer reserves.
These are starting points, not recommendations. Customize from any of them.
Get started
Multi-asset Treasury portfolios are rolling out to all Rho users later this month.
Log in to Rho Treasury to set your first allocation when it's live - or reach out to your account team now if you want help thinking through the right mix for your reserves.
Not yet a client? Apply today.
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Apply nowFAQs
When you request a withdrawal from your Treasury multi-asset portfolio, assets are sold proportionally based on your current portfolio allocation. For example, if your portfolio is 40% T-Bills / 60% MULSX, a $5,000 withdrawal would sell $2,000 of T-Bills and $3,000 of MULSX. You cannot select which specific asset is sold.
Not at this time. Assets are sold proportionally based on your current portfolio allocation, and you cannot select which asset is sold. If you'd like to adjust how your funds are allocated across asset classes, you can edit your portfolio allocation at any time.
The minimum aggregate balance to access Treasury multi-asset is $100,000.
Funds typically settle in 1-2 business days, depending on your portfolio. Rho initiates a security sale and awaits settlement, then wires funds to your account once available. Rebalances typically take 2-4 business days to complete.
Treasury multi-asset is currently in beta. If you're interested in early access, reach out to your account representative. General availability is rolling out to all Rho users by the end of the month.
