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CDX

23.11000 USD
0.02
0.09%
Last update May 5, 3:59 PM EDT
Market closed
Day range
23
23.30500
Previous close
23.13000
Open
23.19000
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Simplify High Yield Plus Credit Hedged Fund
23.11
0.02
0.09%

Overview

Description

The Simplify High Yield Plus Credit Hedged Fund is an innovative exchange-traded fund (ETF) designed to provide investors with exposure to high yield credit markets while incorporating a hedging strategy to mitigate risks. The primary function of this fund is to offer potential high yield returns by investing in a diversified portfolio of high yield bonds and credit instruments, typically associated with higher risk and potential reward. What distinguishes this fund is its strategic use of credit derivatives, particularly the CDX index, to hedge against adverse market movements. By incorporating these credit hedging strategies, the fund aims to protect investors from significant credit losses and market volatility, providing a cushion against downturns in the high yield sector. The Simplify High Yield Plus Credit Hedged Fund is significant in the financial markets as it offers a unique blend of high yield opportunities with a proactive risk management approach. It caters to investors seeking enhanced income generation while maintaining a controlled exposure to credit risk, appealing to those who prioritize both returns and risk mitigation in the dynamic environment of high yield fixed income investing.

About

Address
Phone
614-469-3294
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Market closed

Exchange is currently closed
Pre-market opens in 4 hours 19 minutes

23:40
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).