Ticker
CDX
Asset Class
Fixed Income
Assets Under Management
486.11M
Issuer
Simplify Asset Management
Inception Date
14-02-2022
Dividend Yield
7.67%
The adviser seeks to achieve the fund’s investment objective by investing in high yield bonds also known as “junk bonds” primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund’s investments. Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities. The fund may invest up to 20% of its portfolio in derivatives.
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