CAS ETF Profile

Family:	Simplify ETF
Name:	Simplify China A Shares PLUS Income ETF

Inception Date:	13-Jan-2025
Termination Date:
Investment Objective:	The Simplify China A Shares PLUS Income ETF (the "Fund" or "CAS") seeks capital appreciation and income. The Fund is an actively managed ETF. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in China A Shares and/or through instruments that have economic characteristics substantially similar to China A Shares. However, as of the date of this prospectus, the Fund is not able to directly invest in China A Shares. China A Shares are equity securities issued by companies incorporated in mainland China and are denominated and traded in renminbi ("RMB") on stock exchanges in mainland China such as the Shenzhen, Shanghai, and Beijing Stock Exchanges. The adviser uses China A Shares-linked futures, options, swaps, US-based ETFs, and US-based ADRs as substitutes that are economically substantially similar to China A Shares.

Prospectus