CTA

Simplify Managed Futures Strategy ETF

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as of 05/20/2022

NAV

$ 26.45

NAV Change

- $ 0.03 /0.11%

Price

$ 26.63

Price Change

- $ 0.02 /0.08%
With interest rates near all-time lows, and equity valuations stretched, investors are searching for sources of absolute returns that can simultaneously serve as a portfolio diversifier.

The Simplify Managed Futures Strategy ETF (CTA) seeks long term capital appreciation by systematically investing in futures in an attempt to create an absolute return profile, that also has low correlation to equities, and can provide support in risk-off events.

To this end, CTA deploys a suite of systematic models that have been designed by Altis Partners, a commodity trading advisor with over 20 years of experience.
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Fund Overview

As of 05/20/2022

Ticker Symbol
CTA
Gross Expense Ratio
0.75%
CUSIP
82889N699
Total Assets
$17,850,729.28
Shares Outstanding
675,001
Distribution Frequency
N/A
Options Available
No
Inception Date
03/07/2022
Premium/Discount (%) as of 05/20/2022
0.70%
NAV
$26.45
NAV Per Share as of 05/20/2022
$26.45
Market Price as of 05/20/2022
$26.63
30-Day Median Bid-Ask Spread
0.38%
Bid/Ask
$26.63/$26.64
Midpoint Price
$26.64
Volume
69,658
NAV Symbol
CTA.NV
IOPV Symbol
CTA.IV
Shares Out. Symbol
CTA.SO

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.75%
Distribution and Service (12b-1) Fees 0.00%
Acquired Fund Fees and Expenses1 0.00%
Total Annual Fund Operating Expenses 0.75%
1. Acquired Fund Fees and Expenses, which are estimated for the Fund’s initial fiscal period, are the indirect costs of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund’s financial highlights located in the prospectus because the financial statements include only the direct operating expenses incurred by the Fund.

Fund Performance

As of 04/30/2022 03/31/2022

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month 1 Year Since Inception
NAV 8.02% — — — 3.33%
Market Price 8.98% — — — 3.74%
Cumulative 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — -4.34%
Market Price — -4.81%
Cumulative 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2021 1st Quarter of 2022
Days Traded at Premium
N/A
18
Days Traded at Discount
N/A
N/A
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
Ticker Name Quantity Weight
- TREASURY BILL DN 5/22 250000 1.40%
NGN22 NATURAL GAS FUTR Jul22 2 0.92%
LCM2 LIVE CATTLE FUTR Jun22 -16 -4.72%
CTN2 COTTON NO.2 FUTR Jul22 15 5.98%
- TREASURY BILL DN 7/22 2750000 15.39%
W N2 WHEAT FUTURE(CBT) JUL22 2 0.65%
BON2 SOYBEAN OIL FUTR Jul22 1 0.27%
C N2 CORN FUTURE Jul22 -1 -0.22%
NGQ22 NATURAL GAS FUTR Aug22 2 0.92%
HGN2 COPPER FUTURE Jul22 -8 -4.79%
SIN2 SILVER FUTURE Jul22 -8 -4.86%
BOQ2 SOYBEAN OIL FUTR Aug22 6 1.57%
CLU2 WTI CRUDE FUTURE Sep22 7 4.08%
NGU22 NATURAL GAS FUTR Sep22 4 1.82%
GCQ2 GOLD 100 OZ FUTR Aug22 -3 -3.11%
LCQ2 LIVE CATTLE FUTR Aug22 -73 -21.52%
W U2 WHEAT FUTURE(CBT) Sep22 9 2.96%
BOU2 SOYBEAN OIL FUTR Sep22 2 0.51%
CNU2 CAN 10YR BOND FUT Sep22 57 31.82%
CLV2 WTI CRUDE FUTURE OCT22 1 0.57%
NGV22 NATURAL GAS FUTR Oct22 4 1.82%
SIU2 SILVER FUTURE Sep22 -5 -3.05%
HGU2 COPPER FUTURE Sep22 -13 -7.79%
FVU2 US 5YR NOTE (CBT) Sep22 55 34.80%
SBV2 SUGAR #11 (WORLD) OCT22 -18 -2.27%
GCV2 GOLD 100 OZ FUTR Oct22 -2 -2.08%
LCV2 LIVE CATTLE FUTR Oct22 -46 -14.17%
CLZ2 WTI CRUDE FUTURE Dec22 1 0.54%
C Z2 CORN FUTURE Dec22 8 1.64%
CLF3 WTI CRUDE FUTURE Jan23 1 0.53%
SFRU2 3 MONTH SOFR FUT Sep22 -26 -35.56%
NGF23 NATURAL GAS FUTR Jan23 6 2.82%
SIZ2 SILVER FUTURE Dec22 -6 -3.69%
HGZ2 COPPER FUTURE Dec22 -11 -6.60%
CLG3 WTI CRUDE FUTURE Feb23 1 0.52%
NGG23 NATURAL GAS FUTR Feb23 5 2.26%
NGH23 NATURAL GAS FUTR Mar23 1 0.38%
SFRM3 3 MONTH SOFR FUT Jun23 16 21.73%
- Estimated Cash 14638305 81.93%

Holdings are subject to change without notice.