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, it 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 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.
Frequently asked questions
What is the Simplify US Equity PLUS Convexity ETF (SPYC) expense ratio?
The Simplify US Equity PLUS Convexity ETF funds expense ratio is 0.52%.
What is Simplify US Equity PLUS Convexity ETF (SPYC) current stock price?
As of the latest data, Simplify US Equity PLUS Convexity ETF stock price is $45.14, with a previous close of $44.75. Simplify US Equity PLUS Convexity ETF gained $0.39 in the last trading session, representing a 0.86% increase.
Does Simplify US Equity PLUS Convexity ETF (SPYC) pay dividends?
Yes. Simplify US Equity PLUS Convexity ETF pays quarterly dividends with an annualized yield of 1.11% and an estimated annual payout of $0.50 per share.
