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SPYC ETF Profile


Family: Simplify ETF
Name: Simplify US Equity PLUS Convexity ETF
Inception Date: 3-Sep-2020
Termination Date:
Investment Objective: The adviser seeks to achieve the Fund s investment objective by investing primarily in equity securities of U.S. companies and applying a convexity option overlay strategy to the equity investments. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies, primarily by purchasing exchange-traded funds ("ETFs"). The adviser does not frequently trade U.S. equities but seeks to maintain consistent exposure to the U.S. equity market. Up to twenty percent of the Fund s net assets will be subject to the Fund s convexity option overlay. The option overlay consists of purchasing exchange-traded and over the counter ( OTC ) put and call options on the S&P 500 Index or an S&P 500 Index ETF.
Prospectus
Top 10 Holdings
ISHARES CORE S+P 500 ETF IVV 92.0412%
TRS SBAR 061527 -19.0120%
TRS SBAR 061527 18.9072%
TRS SBAR 051427 -18.6979%
TRS SBAR 051427 18.5948%
Derivatives offset -13.2124%
S&P500 EMINI FUT DEC26 ESZ6 Index 12.3552%
B 1/28/27 Govt 912797VU8 4.1066%
B 12/3/26 Govt 912797VA2 2.3931%
Cash 1.4592%
Top 10 Holdings Weight: 98.9%
Number of Holdings: 26
Shares Outstanding: 1,800,001
Total Net Assets: 82,913,448
NAV: 46.08
Net Expense Ratio: 0.53%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Other Quant Model
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
Market Data Delayed 15 Minutes