The adviser seeks to achieve the fund"s investment objective by investing primarily in equity securities and applying an option overlay known as a "put/spread collar" strategy. Under normal circumstances, it invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, primarily by purchasing exchange-traded funds ("ETFs") that seek to track the investment results of the S&P 500 Index. The fund typically invests at least 80% of the fund"s portfolio in underlying ETFs.
Frequently asked questions
What is the Simplify Exchange Traded Funds (HEQT) expense ratio?
The Simplify Exchange Traded Funds funds expense ratio is 0.53%.
What is Simplify Exchange Traded Funds (HEQT) current stock price?
As of the latest data, Simplify Exchange Traded Funds stock price is $34.64, with a previous close of $34.50. Simplify Exchange Traded Funds gained $0.15 in the last trading session, representing a 0.42% increase.
Does Simplify Exchange Traded Funds (HEQT) pay dividends?
Yes. Simplify Exchange Traded Funds pays quarterly dividends with an annualized yield of 1.15% and an estimated annual payout of $0.40 per share.