YGLD – Simplify Gold Strategy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks income and capital appreciation. Under normal market conditions, at the start of each quarter, the adviser selects gold futures so that the total value of economic gold exposure is up to approximately 150% of the net assets of the fund. To generate income, the fund employs an exchange traded and over-the-counter (“OTC”) option spread writing strategy on equity, fixed income, and currency ETFs. 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
YGLD	Simplify Gold Strategy ETF	ETF	Open	—	—	Dec 2, 2024	$33.85M	0.580%	—	—	−$6.62M

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