Fund Description
The Fund invests in fixed income and income generating ETFs. The Fund will invest between 50-90% of the Fund s assets in income generating ETFs including affiliated funds managed by the adviser. The Fund considers an ETF an income generating ETF if the ETF demonstrates an attractive distribution or income yield (i.e., a yield that is greater than 2 year Treasury notes), for example ETFs that invest in REITs or MLPs or ETFs that seek to provide the inverse of the S&P 500 VIX Short-Term Futures Index. A REIT is a company that owns, operates, or finances income-generating real estate. An MLP is a business venture that exists in the form of a publicly traded limited partnership. The Fund defines fixed income ETFs as ETFs that invest in debt securities of any credit quality or maturity. Fixed income ETFs may invest in securities with credit quality below investment grade (commonly referred to as junk bonds ). The Fund defines junk bonds as those rated below Baa3 by Moody s Investors Service or below BBB- by Standard and Poor s Rating Group, or, if unrated, determined by the adviser to be of similar credit quality. The Fund invests in companies without restriction as to capitalization. Under normal circumstances the Fund may invest in shares of any fund in Simplify Exchange Traded Funds (the Trust ), each an affiliated ETF.
Fund Profile
Fund Name Simplify Tail Risk Strategy ETF
Fund Exchange Ticker CYA
Fund Sponsor Simplify ETF
Fund ISIN US82889N7802
Net Expense Ratio 0.50 %
Fund Inception Date 13 September 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 24.16 Million (USD)
1 Month Total Return -1.46 %
Year To Date Return -2.79 %
1 Year Total Return
3 Year Annualized Total Return
NAV 24.16
Share Outstanding 1,000,000
Top 10 Holdings (24 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash CASH 0.4533911013
SPY 12/16/22 P225 Equity OPTN 0.1206480842
SPY 09/16/22 P210 Equity OPTN 0.1079601729
SPX 06/17/22 P2000 Index OPTN 0.0361813043
SPX 03/18/22 P2000 Index OPTN 0.0109787814
SPXW US 12/03/21 P4465 Index 0.0072200361
SPX 12/17/21 P1800 Index OPTN 0.0003562402
Derivatives offset OTHR -0.2210900609
SPY 09/16/22 P185 Equity OPTN -0.0550345221