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GAEM

Simplify Gamma Emerging Market Bond ETF

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as of 09/10/2024

NAV

$ 25.27

NAV Change

+ $ 0.05 /0.20%

Price

$ 25.29

Price Change

- $ 0.01 /0.04%
The Simplify Gamma Emerging Market Bond ETF (GAEM) seeks income and capital appreciation.

The fund is an actively managed ETF investing in debt securities of issuers in emerging market countries.

GAEM will primarily focus its investments on Latin American issuers, who currently display favorable investment fundamentals. As an actively managed ETF, GAEM will use fundamental, economic and political analysis to seek out securities with the most favorable return and risk profiles.
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Documents

Fund Overview

As of 09/10/2024

Ticker Symbol
GAEM
Gross Expense Ratio
0.95%
Net Expense Ratio
0.76%
CUSIP
82889N459
Total Assets
$10,741,025.87
Shares Outstanding
425,001
Distribution Yield as of 09/10/2024 Distribution yield 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 yield.
Distribution Yield Close
Distribution yield 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 yield.
-
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 09/10/2024 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.
-
30-Day SEC Yield (Unsubsidized) as of 09/10/2024
-
Options Available
No
Inception Date
08/12/2024
Premium/Discount (%) as of 09/10/2024
0.07%
NAV Per Share as of 09/10/2024
$25.27
Market Price as of 09/10/2024
$25.29
30-Day Median Bid-Ask Spread
0.12%
Bid/Ask
$25.28/$25.31
Midpoint Price
$25.30
Volume
22
NAV Symbol
GAEM.NV
IOPV Symbol
GAEM.IV
Shares Out. Symbol
GAEM.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 0.95%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.01%
Total Annual Fund Operating Expenses 0.96%
Fee Waiver2 0.20%
Total Annual Fund Operating Expenses After Fee Waiver 0.76%
1. Other Expenses are estimated for the Fund’s initial fiscal year.

2. The Fund’s adviser has contractually agreed, through at least October 31, 2025, to waive its management fee to 0.75% of the Fund’s average daily net assets.

Fund Performance

As of 08/31/2024 06/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV — — — — — 0.99%
Market Price — — — — — 0.84%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — —
Market Price — —
Annualized 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

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.

Portfolio Holdings

As of 09/10/2024

Holdings - All ETFs
Ticker Name Quantity Weight
- TREASURY BILL 0 9/17/2024 270,000 2.51%
- FIDELITY TREASURY ONLY 680 5,055 0.05%
- REPUBLIC OF PANAMA 3.75 3/16/2025 500,000 4.61%
- ARIS MINING CORP 6.875 8/9/2026 200,000 1.83%
- DOM REP CB NOTES 9 12/11/2026 25,000,000 3.76%
- ENERGUATE TRUST 5.875 5/3/2027 200,000 1.82%
- AES ESPANA BV 5.7 5/4/2028 180,000 1.60%
- PROMERICA FINANCIAL CORP 10.75 8/14/2028 200,000 2.01%
- DOM REP CB NOTES 11 9/15/2028 60,000,000 9.48%
- EMPRESA GEN ELEC HAINA 5.625 11/8/2028 250,000 2.19%
- COMMONWEALTH OF BAHAMAS 6 11/21/2028 500,000 4.26%
- INVEST ENERGY RES LTD 6.25 4/26/2029 200,000 1.84%
- EMPRESAS PUBLIC MEDELLIN 4.25 7/18/2029 200,000 1.69%
- TELECOM OF TRIN & TOBAGO 8.875 10/18/2029 200,000 1.88%
- REPUBLIC OF PANAMA 3.16 1/23/2030 400,000 3.25%
- CABLE ONDA SA 4.5 1/30/2030 200,000 1.68%
- ECOPETROL SA 6.875 4/29/2030 200,000 1.85%
- COLOMBIA TELECOMUNICACIO 4.95 7/17/2030 308,000 2.43%
- REPUBLIC OF COLOMBIA 7.5 2/2/2034 250,000 2.40%
- BANCOLOMBIA SA 8.625 12/24/2034 200,000 1.95%
- REPUBLIC OF EL SALVADOR 7.65 6/15/2035 250,000 1.83%
- PETROLEOS MEXICANOS 6.625 6/15/2035 200,000 1.44%
- NATIONAL GAS CO 6.05 1/15/2036 100,000 0.86%
- ECOPETROL SA 8.375 1/19/2036 300,000 2.82%
- REPUBLIC OF PANAMA 6.7 1/26/2036 300,000 2.85%
- DOMINICAN REPUBLIC 10.75 6/1/2036 141,600,000 23.17%
- UEP PENNONOME II SA 6.5 10/1/2038 215,442 1.72%
- REPUBLIC OF EL SALVADOR 7.625 2/1/2041 250,000 1.72%
- PETROLEOS MEXICANOS 7.69 1/23/2050 500,000 3.42%
- REPUBLIC OF COLOMBIA 8.75 11/14/2053 500,000 5.07%
- Estimated Cash 217,176 2.02%

Holdings are subject to change without notice.

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