KNRG – Simplify Kayne Anderson Ey&InfrasCrdtETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return. The Sub-Adviser employs an opportunistic strategy that focuses on relative value among credit instruments of energy and infrastructure companies. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in credit instruments issued by energy companies and infrastructure companies. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
KNRG	Simplify Kayne Anderson Energy and Infrastructure Credit ETF	ETF	Open	—		May 27, 2025	$149.64M	0.760%	—	—	$135.79M

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