- Net Asset Value (NAV) for Simplify Interest Rate Hedge ETF (PFIX, Financial) has been restated due to an error.
- The original NAV was $54.21 and the adjusted NAV is $53.58, reflecting a -1.17% adjustment.
- The NAV correction stems from incorrect recording of a swaption trade.
On July 3, 2025, Simplify Asset Management Inc. announced a revision to the net asset value (NAV) for the Simplify Interest Rate Hedge ETF, ticker symbol PFIX. The NAV per share on July 1, 2025, was restated from $54.21 to $53.58. This adjustment marks a -1.17% change and is attributed to the incorrect recording of a swaption trade.
Simplify Asset Management, established in 2020, focuses on offering innovative options-based strategies to address complex portfolio challenges. The company's strategies are designed to align with the real-world needs of investors and market dynamics, leveraging the non-linear potential of options to achieve specific portfolio outcomes.
Investors considering an investment in the Simplify Interest Rate Hedge ETF should examine the investment's objectives, risks, charges, and expenses meticulously. A detailed prospectus is available by contacting (855) 772-8488 or visiting SimplifyETFs.com. Potential investors are advised to read the prospectus carefully before making investment decisions.
The Simplify Interest Rate Hedge ETF is actively managed and subject to the risk that its strategy may not yield the desired results. Simplify ETFs are distributed by Foreside Financial Services, LLC, an independent entity.
