HIGH
Simplify Enhanced Income ETF
NAV
$ 24.30NAV Change
- $ 0.04 /0.16%Price
$ 24.34Price Change
+ $ 0.04 /0.16%The fund is intended to be an alternative high yield solution, as it seeks to provide significant supplemental income to T-bills with low correlation to traditional credit and duration exposure.
A sophisticated option-writing algorithm seeks to sell spreads that generate attractive risk-adjusted returns, while an additional layer of risk management helps manage tail risk associated with selling options.