The Simplify US Equity PLUS Downside Convexity ETF (SPD) is an actively managed fund that aims for capital appreciation by investing primarily in S&P 500 ETFs with a modest put option overlay. This strategy is designed to offer downside protection without capping upside potential, achieving downside convexity. The fund, launched on September 3, 2020, has assets under management of $114.78 million and an expense ratio of 0.53%.
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SPD Stock Fund Price and Chart — AMEX:SPD
The Simplify US Equity PLUS Downside Convexity ETF (SPD) is an actively managed fund that aims for capital appreciation by investing primarily in S&P 500 ETFs with a modest put option overlay. This strategy is designed to offer downside protection without capping upside potential, achieving downside convexity. The fund, launched on September 3, 2020, has assets under management of $114.78 million and an expense ratio of 0.53%.