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About Simplify Exchange Traded Funds Simplify Multi-QIS Alternative ETF
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Inception date
Jul 10, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
QIS aims to provide positive absolute returns and income by investing through total return swaps using third-party quantitative investment strategies (QIS) across equities, interest rates, commodities, and currencies. These quantitative investment strategies, which are designed to capture market return premia, will analyze and use models to identify investments based on historical results that can provide attractive returns. The fund selects 10-20 strategies perceived to be the optimal allocation using both qualitative and quantitative considerations. The portfolio is expected to achieve desired returns and mitigate risks. QIS may invest directly in different asset classes through individual securities or other ETFs. The fund gains exposure to certain commodity strategies by investing up to 25% of assets in a wholly-owned Cayman Islands subsidiary. Strategies are evaluated on an ongoing basis, with the fund managers having full discretion to adjust allocations at any time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Rights & Warrants
Bonds, Cash & Other100.00%
Government73.50%
Rights & Warrants21.18%
ETF5.25%
Mutual fund1.50%
Cash−1.43%
Top 10 holdings
Dividends
Dividend payout history