TESL – Simplify Volt TSLA Revolution ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in Tesla-related instruments. The manager defines Tesla-related instruments as Tesla common stock, Tesla linked ETFs, Tesla linked swap contracts, and Tesla call options. The fund includes any leveraging effect of ETFs, swaps, and call options for the purposes of the 80% test. It 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
TESL	Simplify Volt TSLA Revolution ETF	ETF	Open			Dec 28, 2020	$14.73M	0.970%	—	—	−$14.82M

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