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FIG

Simplify Macro Strategy ETF

as of 10/14/2024

NAV

$ 21.43

NAV Change

- $ 0.02 /0.09%

Price

$ 21.18

Price Change

- $ 0.18 /0.84%
The Simplify Macro Strategy ETF (FIG) is a modern take on the balanced portfolio, built to help navigate today’s toughest asset allocation challenges.

With strong potential headwinds to bonds, stretched equity valuations, continued inflationary pressures, and an increasingly fragile market structure, the classic balanced portfolio may have challenging years ahead.

FIG addresses these concerns by creating a robust portfolio comprised of equities with positive convexity, diversifying and hedging managed futures and commodities, and a suite of modern fixed income solutions.

The fund will also opportunistically invest in equity, credit, interest rate, and FX derivatives (listed and OTC) to capitalize on attractive idiosyncratic market dislocations.
 

FIG Fund Deep Dive Live - Discussion with FIG Portfolio Manager Mike Green, CFA

Fund Overview

As of 10/14/2024

Ticker Symbol
FIG
Gross Expense Ratio
1.25%
Net Expense Ratio
1.00%
CUSIP
82889N715
Total Assets
$14,463,132.83
Shares Outstanding
675,001
Distribution Rate as of 09/30/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
4.46%
Distribution Frequency
Monthly
30-Day SEC Yield (Subsidized) as of 09/30/2024 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
6.50%
30-Day SEC Yield (Unsubsidized) as of 09/30/2024
5.10%
Options Available
No
Inception Date
05/16/2022
Premium/Discount (%) as of 10/14/2024
-1.15%
NAV Per Share as of 10/14/2024
$21.43
Market Price as of 10/14/2024
$21.18
30-Day Median Bid-Ask Spread
0.69%
Bid/Ask
$20.86/$21.50
Midpoint Price
$21.18
Volume
15,494
NAV Symbol
FIG.NV
IOPV Symbol
FIG.IV
Shares Out. Symbol
FIG.SO
Schedule K-1
No

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%
Other Expenses1 0.02%
Acquired Fund Fees and Expenses2 0.48%
Total Annual Fund Operating Expenses 1.25%
Fee Waiver3 (0.25)%
Total Annual Fund Operating Expenses After Fee Waiver 1.00%
1. Amount of interest expense included in percentage.

2. Acquired Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table do not correlate to the expense ratio in the Fund’s financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.

3. The Fund’s adviser has contractually agreed, through at least October 31, 2024, to waive its management fees to 0.50% of the Fund’s average daily net assets.

Fund Performance

As of 09/30/2024 09/30/2024

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 1.47% 3.20% -5.23% -5.21% -1.30% -6.03%
Market Price 1.18% 3.02% -5.34% -5.51% -2.03% -6.22%
Annualized 1 Year 3 Year Since Inception
NAV -1.30% -2.59%
Market Price -2.03% -2.67%
Cumulative 1 Year Since Inception
NAV -1.30% -6.03%
Market Price -2.03% -6.22%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -1.30% -2.59%
Market Price -2.03% -2.67%

Historical Premium/Discount

Calendar Year 2023 3rd Quarter of 2024
Days Traded at Premium
147
10
Days Traded at Discount
103
54

Portfolio Holdings

Ticker Name Quantity Weight
CDX SIMPLIFY HIGH YIELD PL CR 70,306 11.53%
CTA SIMPLIFY MANAGED FUTURES 50,386 9.27%
EQLS SIMPLIFY MKT NTRL EQ L/S 88,142 13.44%
IAU ISHARES GOLD TRUST 20,449 7.08%
NXTI SIMPLIFY NEXT INTG C IDX 29,347 5.92%
NXTV SIMPLIFY NEXT INT VA IDX 29,347 5.65%
SPQ SIMPLIFY US EQTY P QIS ET 36,514 7.89%
TUA SIM ST TREAS FUT STRAT ET 52,071 8.00%
TYA SIMPLIFY INTERMEDIATE TER 21,398 2.00%
SFRZ4 COM 3 MONTH SOFR FUT Dec24 400 4.70%
NDXP US 10/25/24 P18550 NDXP Oct 2024 18550 Put 2 0.01%
NDXP US 10/25/24 P19570 NDXP Oct 2024 19570 Put -2 -0.05%
RUTW US 10/25/24 P2040 RUTW Oct 2024 2040 Put 19 0.01%
RUTW US 10/25/24 P2150 RUTW Oct 2024 2150 Put -19 -0.06%
SFRZ4C 95.5000 COMDTY SFRZ4C 95.5000 COMDTY -400 -1.24%
SPXW US 10/25/24 P5350 SPXW Oct 2024 5350 Put 6 0.01%
SPXW US 10/25/24 P5660 SPXW Oct 2024 5660 Put -6 -0.03%
SPXW US 11/08/24 C5925 SPXW Nov 2024 5925 Call 5 0.25%
- TREASURY BILL DN 1/25 950,000 6.49%
- CURRENCY CONTRACT - USD -3,253,779,110 2.94%
- FIDELITY INV MMTRSY 1 680 299,296 2.07%
- CURRENCY CONTRACT - MXN 17,591,086 0.21%
- CURRENCY CONTRACT - ZAR 24,414,020 0.12%
- CURRENCY CONTRACT - TWD 21,030,196 0.01%
- CURRENCY CONTRACT - BRL 6,350,653 0.00%
- HONG KONG DOLLAR 892 0.00%
- SINGAPORE DOLLAR 0.00%
- MEXICAN PESO 0.00%
- CHINESE YUAN 0.00%
- SOUTH AFRICAN RAND 0.00%
- CURRENCY CONTRACT - COP 5,002,529,078 -0.09%
- CURRENCY CONTRACT - CHF -284,921 -0.18%
- CURRENCY CONTRACT - NOK 13,355,154 -0.19%
- CURRENCY CONTRACT - AUD 1,939,741 -0.21%
- CURRENCY CONTRACT - NZD 1,148,453 -0.21%
- CURRENCY CONTRACT - SEK 21,568,859 -0.29%
- CURRENCY CONTRACT - CAD 739,425 -0.30%
- CURRENCY CONTRACT - GBP -542,358 -0.39%
- CURRENCY CONTRACT - JPY 595,244,160 -0.69%
- TSY INFL IX N/ 0.125 2/52 5,100,000 23.73%
- Estimated Cash -1,071,276 -7.41%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.08000
$0.00000
$0.00000
$0.08000
View Distribution History

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