SPBC

Fund Description
The Fund invests in equity securities of U.S. companies through (i) exchange-traded futures contracts, (ii) equity securities of U.S. companies, and (iii) ETFs that primarily invest in the equity securities of U.S. companies. The Fund defines equity securities as common stock, preferred stock, or futures on common or preferred stock. The Fund defines U.S. companies as those organized in the U.S.; having a class of securities whose principal securities market is in the U.S.; or derives 50% or more of its total revenues or earnings from goods produced, sales made, or services provided in the U.S.; or maintains 50% or more of its employees, assets, investments, operations, or other business activity in the U.S. The Fund invests in companies without restriction as to capitalization. The Fund invests up to 15% of its total assets in the Grayscale Bitcoin Trust. The Grayscale Bitcoin Trust is a private fund that is not registered as an investment company under the Investment Company Act of 1940, as amended (the 1940 Act ). The Grayscale Bitcoin Trust seeks for its shares to track the price of Bitcoin. The Fund expects to gain exposure to cryptocurrencies indirectly by investing up to 15% of its total assets (measured at the time of investment) in a wholly-owned and controlled subsidiary, which is designed to enhance the ability of the Fund to obtain exposure to cryptocurrencies consistent with the limits of the U.S. federal tax law requirements applicable to regulated investment companies.
Fund Profile
Fund Name Simplify US Equity PLUS GBTC ETF
Fund Exchange Ticker SPBC
Fund Sponsor Simplify ETF
Fund ISIN US82889N8487
Net Expense Ratio 0.50 %
Fund Inception Date 24 May 2021
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 121.65 Million (USD)
1 Month Total Return 1.11 %
Year To Date Return 15.03 %
1 Year Total Return
3 Year Annualized Total Return
NAV 28.29
Share Outstanding 4,300,000
Top 10 Holdings (24 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES S+P 500 INDEX FUND IVV ETF 0.8280482026
S&P500 EMINI FUT DEC21 ESZ1 FUTR 0.1455666716
GRAYSCALE BITCOIN TRUST BTC GBTC MUTU 0.1242216617
Cash CASH 0.0477301357
Derivatives offset OTHR -0.1455666716