CDX 23.60 Simplify High Yield PLUS Credit Hedge ETF
| Range: | 21.34-25.59 | Vol Avg: | 59396 | Last Div: | 1.65 | Changes: | 0.14 |
| Beta: | 0.39 | Cap: | 0.12B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Thu Feb 17 2022 | Empoloyees: | |||
| CUSIP: | 82889N830 | CIK: | ISIN: | US82889N8305 | Country: | US | |
The adviser seeks to achieve the fund’s investment objective by investing in high yield bonds also known as “junk bonds” primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund’s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.
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