AGGH
Simplify Aggregate Bond ETF
as of 09/20/2023
NAV
$ 21.91NAV Change
+ $ 0.02 /0.09%Price
$ 21.96Price Change
+ $ 0.04 /0.18%The Simplify Aggregate Bond ETF (AGGH) seeks to maximize total return by investing primarily in investment grade (IG) bonds while mitigating credit risk.
The fund is actively managed to enhance yield and offset hedging costs by enhancing duration exposure via structurally efficient curve positioning and to generate additional income by selling interest rate and credit volatility.
Credit hedging can be very inefficient, so it is paramount to be flexible in your approach to hedging within the space. AGGH will opportunistically invest, based on cost-to-payout ratios, in CDX calls, Quality-Junk factor-based hedges, and equity puts.
The fund is actively managed to enhance yield and offset hedging costs by enhancing duration exposure via structurally efficient curve positioning and to generate additional income by selling interest rate and credit volatility.
Credit hedging can be very inefficient, so it is paramount to be flexible in your approach to hedging within the space. AGGH will opportunistically invest, based on cost-to-payout ratios, in CDX calls, Quality-Junk factor-based hedges, and equity puts.