MAXI – Simplify Bitcoin Strategy ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks income and capital appreciation. The fund is an actively managed exchange-traded fund (an “ETF”). The fund’s adviser seeks to achieve its investment objective by using three strategies: (1) a Bitcoin strategy, (2) an income strategy, and (3) an option overlay strategy. Under normal market conditions, the adviser selects investments in Bitcoin related instruments so that the total value of economic Bitcoin exposure is approximately 50% to 200% of the net assets of the fund. 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
MAXI	Simplify Bitcoin Strategy ETF	ETF	Open	—	—	Sep 29, 2022	$35.38M	0.850%	—	—	$8.25M

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