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Simplify Nasdaq 100 Plus Downside Convexity Etf
23.18
0.00 (0.00%)
Last Update: 12 May 2023 16:30:00
Yesterday: 23.18
Day's Range: 23.18 - 23.18
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When Written:
22.888
The Simplify Nasdaq 100 plus Downside Convexity ETF (SPCX) is an exchange-traded fund that seeks to provide investors with exposure to the Nasdaq-100 Index while also providing downside protection through the use of options strategies. The ETF aims to deliver returns that are similar to the Nasdaq-100 Index, while also limiting downside risk.
The ETF is managed by Simplify Asset Management and uses a proprietary options strategy to provide downside protection. The strategy involves buying put options on the Nasdaq-100 Index, which can help to limit losses in the event of a market downturn.
The ETF has an expense ratio of 0.50% and is traded on the NYSE Arca exchange. As of August 2021, the ETF has approximately $1.3 billion in assets under management.
Investors should note that while the ETF aims to provide downside protection, it does not guarantee that losses will be completely eliminated. Additionally, the use of options strategies can increase the complexity of the investment and may result in higher trading costs.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The ETF is managed by Simplify Asset Management and uses a proprietary options strategy to provide downside protection. The strategy involves buying put options on the Nasdaq-100 Index, which can help to limit losses in the event of a market downturn.
The ETF has an expense ratio of 0.50% and is traded on the NYSE Arca exchange. As of August 2021, the ETF has approximately $1.3 billion in assets under management.
Investors should note that while the ETF aims to provide downside protection, it does not guarantee that losses will be completely eliminated. Additionally, the use of options strategies can increase the complexity of the investment and may result in higher trading costs.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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