NYSE ARCA | ETF
The adviser seeks to achieve the fund"s investment objective by investing in high yield bonds also known as "junk bonds" primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund"s investments.
Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities.
The fund may invest up to 20% of its portfolio in derivatives.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 99.35% | ||
| SBIL | Simplify Exchange Traded Funds | 66.76% | ||
| IVV | iShares Trust - iShares Core S&P 500 ETF | 24.83% | ||
| TUA | Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF | 24.33% | ||
| TYA | Simplify Exchange Traded Funds - Simplify Risk Parity Treasury ETF | 0.54% | ||
| TPL | Texas Pacific Land Trust | Energy | Oil & Gas E&P | 0.38% |
| RFIX | Simplify Exchange Traded Funds | 0.38% | ||
| UI | Ubiquiti Networks Inc | Technology | Communication Equipment | 0.36% |
| DELL | Dell Technologies Inc | Technology | Computer Hardware | 0.34% |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 0.29% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 0.28% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 0.27% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 0.27% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 0.27% |
| CEG | Constellation Energy Corp | Utilities | Utilities - Independent Power Producers | 0.27% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 0.27% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 0.26% |
| DECK | Deckers Outdoor Corporation | Consumer Cyclical | Footwear & Accessories | 0.25% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 0.25% |
| WAB | Westinghouse Air Brake Technologies Corp | Industrials | Railroads | 0.25% |