Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Net Asset Value Restatement for Simplify High Yield PLUS Credit Hedge ETF (CDX) By: Simplify Asset Management Inc. via Business Wire August 04, 2023 at 16:43 PM EDT Simplify Asset Management Inc. announces that the previously disclosed net asset value (NAV) per share of the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX) from July 3, 2023 to July 17, 2023, have been restated effective August 4, 2023, as follows: ETF Name Ticker (NYSE Arca) Date Revised Original Adjustment Simplify High Yield PLUS Credit Hedge ETF CDX 07/03/2023 21.71 21.59 0.54% 07/04/2023 21.71 21.59 0.54% 07/05/2023 21.65 21.53 0.54% 07/06/2023 21.55 21.43 0.55% 07/07/2023 21.44 21.33 0.55% 07/08/2023 21.44 21.33 0.55% 07/09/2023 21.44 21.33 0.55% 07/10/2023 21.52 21.40 0.55% 07/11/2023 21.62 21.50 0.54% 07/12/2023 21.80 21.69 0.53% 07/13/2023 21.96 21.85 0.53% 07/14/2023 21.96 21.85 0.53% 07/15/2023 21.96 21.85 0.53% 07/16/2023 21.96 21.85 0.53% 07/17/2023 22.05 21.93 0.53% The NAV adjustment is a result of missing dividend accrual from a swap holding. ABOUT SIMPLIFY ASSET MANAGEMENT INC Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes for which clients are looking. For more information, visit www.simplify.us. Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (855) 772-8488, or visit SimplifyETFs.com. Please read the prospectus carefully before you invest. An investment in the fund involves risk, including possible loss of principal. Past performance does not guarantee future results. The fund's investment objective is to seek capital appreciation. The funds are new and have a limited operating history. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience. Simplify ETFs are distributed by Foreside Financial Services, LLC. View source version on businesswire.com: https://www.businesswire.com/news/home/20230804032231/en/Contacts Chris Sullivan MacMillan Communications (212) 473-4442 chris@macmillancom.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Net Asset Value Restatement for Simplify High Yield PLUS Credit Hedge ETF (CDX) By: Simplify Asset Management Inc. via Business Wire August 04, 2023 at 16:43 PM EDT Simplify Asset Management Inc. announces that the previously disclosed net asset value (NAV) per share of the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX) from July 3, 2023 to July 17, 2023, have been restated effective August 4, 2023, as follows: ETF Name Ticker (NYSE Arca) Date Revised Original Adjustment Simplify High Yield PLUS Credit Hedge ETF CDX 07/03/2023 21.71 21.59 0.54% 07/04/2023 21.71 21.59 0.54% 07/05/2023 21.65 21.53 0.54% 07/06/2023 21.55 21.43 0.55% 07/07/2023 21.44 21.33 0.55% 07/08/2023 21.44 21.33 0.55% 07/09/2023 21.44 21.33 0.55% 07/10/2023 21.52 21.40 0.55% 07/11/2023 21.62 21.50 0.54% 07/12/2023 21.80 21.69 0.53% 07/13/2023 21.96 21.85 0.53% 07/14/2023 21.96 21.85 0.53% 07/15/2023 21.96 21.85 0.53% 07/16/2023 21.96 21.85 0.53% 07/17/2023 22.05 21.93 0.53% The NAV adjustment is a result of missing dividend accrual from a swap holding. ABOUT SIMPLIFY ASSET MANAGEMENT INC Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes for which clients are looking. For more information, visit www.simplify.us. Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (855) 772-8488, or visit SimplifyETFs.com. Please read the prospectus carefully before you invest. An investment in the fund involves risk, including possible loss of principal. Past performance does not guarantee future results. The fund's investment objective is to seek capital appreciation. The funds are new and have a limited operating history. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience. Simplify ETFs are distributed by Foreside Financial Services, LLC. View source version on businesswire.com: https://www.businesswire.com/news/home/20230804032231/en/Contacts Chris Sullivan MacMillan Communications (212) 473-4442 chris@macmillancom.com
Simplify Asset Management Inc. announces that the previously disclosed net asset value (NAV) per share of the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX) from July 3, 2023 to July 17, 2023, have been restated effective August 4, 2023, as follows: ETF Name Ticker (NYSE Arca) Date Revised Original Adjustment Simplify High Yield PLUS Credit Hedge ETF CDX 07/03/2023 21.71 21.59 0.54% 07/04/2023 21.71 21.59 0.54% 07/05/2023 21.65 21.53 0.54% 07/06/2023 21.55 21.43 0.55% 07/07/2023 21.44 21.33 0.55% 07/08/2023 21.44 21.33 0.55% 07/09/2023 21.44 21.33 0.55% 07/10/2023 21.52 21.40 0.55% 07/11/2023 21.62 21.50 0.54% 07/12/2023 21.80 21.69 0.53% 07/13/2023 21.96 21.85 0.53% 07/14/2023 21.96 21.85 0.53% 07/15/2023 21.96 21.85 0.53% 07/16/2023 21.96 21.85 0.53% 07/17/2023 22.05 21.93 0.53% The NAV adjustment is a result of missing dividend accrual from a swap holding. ABOUT SIMPLIFY ASSET MANAGEMENT INC Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes for which clients are looking. For more information, visit www.simplify.us. Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (855) 772-8488, or visit SimplifyETFs.com. Please read the prospectus carefully before you invest. An investment in the fund involves risk, including possible loss of principal. Past performance does not guarantee future results. The fund's investment objective is to seek capital appreciation. The funds are new and have a limited operating history. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience. Simplify ETFs are distributed by Foreside Financial Services, LLC. View source version on businesswire.com: https://www.businesswire.com/news/home/20230804032231/en/
