Key stats
About Simplify Aggregate Bond ETF
Expense ratio
0.33%
Home page
Inception date
Feb 14, 2022
AGGH seeks to invest mainly in ETFs that hold US investment-grade bonds while mitigating credit risk. As the ticker suggests, the fund utilizes the iShares Core U.S. Aggregate Bond ETF (ticker: AGG) as its primary underlying exposure. The funds adviser selects ETFs providing similar exposure based on price, liquidity, trading volume, and a minimum five-year track record. ETFs considered may target bonds of different maturities, duration, and quality requirements. Up to 20% of the funds assets are tied to derivatives to execute several credit hedge strategies. Both exchange-traded and over-the-counter (OTC) options on equity indexes, ETFs, and swaps are used. Derivatives are selected based on cost, strike price, and maturity. AGGH expects to buy and sell derivatives on a monthly, quarterly and annual basis, depending on rebalancing requirements and expiration dates. Overall, the strategy is designed to help protect the core bond exposure when credit spreads widen.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Securitized
Bonds, Cash & Other100.00%
ETF54.61%
Securitized35.31%
Government9.56%
Cash0.57%
Miscellaneous0.12%
Rights & Warrants−0.17%
Top 10 holdings
Dividends
Dividend payout history