PFIX ETF Profile

Family:	Simplify ETF
Name:	Simplify Interest Rate Hedge ETF

Inception Date:	10-May-2021
Termination Date:
Investment Objective:	The Simplify Interest Rate Hedge ETF seeks to provide a hedge against a sharp increase in long-term interest rates. T he fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility.Using OTC derivatives usually only available to institutional investors, PFIX is designed to be functionally similar to owning a position in long-dated put options on 20-year US Treasury bonds. Since the option position is held for extended periods the ETF provides a simple and transparent interest rate hedge.

Prospectus

Top 10 Holdings
	Top 10 Holdings Weight:

Number of Holdings:
Shares Outstanding:	3,525,001
Total Net Assets:	167,790,000
NAV:	47.66
Net Expense Ratio:	0.50%

Asset Class:	Bonds
Developed or Emerging:	Developed Market Funds
Country:	US
Region:
Strategy:
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:	Fund Holds All Maturity Ranges
Market Cap:
Credit Quality:	Investment Grade Only
Mortgage Bond Types:
Bond Type:	Treasury & Government
Gov't Bond Types:	Diversified Treasury & Government
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged:	No
US or Ex-US:	Domestic