CDX
Simplify High Yield PLUS Credit Hdg ETF
NAV as of
4 Week: 21.68 - 22.06
52 Week: 20.99 - 22.79
Latest Closing Price
21.96
Premium / Discount
-0.29
Expense Ratio
0.25%
Investment Objective
The investment seeks to maximize current income by investing primarily in high-yield bonds while mitigating credit risk. 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 1.40 | 0.53 | 2.64 |
| 1 Day | -1.27 | 0.00 | 0.00 |
| 1 Week | -1.73 | 1.31 | -1.32 |
| 1 Month | 0.18 | 2.59 | 0.07 |
| 3 Months | -0.59 | 3.76 | -0.16 |
| 6 Months | 0.37 | 5.45 | 0.07 |
| 1 Year | -2.91 | 10.96 | -0.27 |
| 2 Years | 0.00 | 0.00 | 0.00 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 8
Number of Bond Holdings: 1
Number of Equity Holdings: 3
Total Market Value: 120,480,831
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | iShares iBoxx $ High Yield Corp Bd ETF | 101.2584 | 632,305 | -7,268 | 47,599,920 |
| 2 | United States Treasury Bills | 57.1293 | 27,300,000 | 25,100,000 | 26,855,556 |
| 3 | United States Treasury Bills | 41.6256 | 19,660,000 | 0 | 19,567,524 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
8.8668
Price/Book*
0.4703
Price/Sales*
1.6227
Price/Cash Flow*
0.0000
Dividend Yield*
1.9910
Growth Measures
Long-Term Earnings
28.6270
Historical Earnings
141.2827
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
1
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 3.59 |
| Average Effective Maturity (Years)* | 4.79 |
| Average Credit Quality | 15.00 |
| Average Weighted Coupon* | 5.84 |
| Average Weighted Price* | 93.62 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 0.00 |
| AA | 0.00 |
| A | 0.00 |
| BBB | 0.84 |
| BB | 51.56 |
| B | 36.98 |
| Below B | 10.59 |
| Not Rated | 0.02 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 20.44 |
| 3 to 5 Years | 32.96 |
| 5 to 7 Years | 31.91 |
| 7 to 10 Years | 12.92 |
| 10 to 15 Years | 0.70 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.22 |
| Over 30 Years | 1.23 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 57.13 |
| 183 to 364 Days | 0.21 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
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