The Simplify US Equity Income ETF (SPUC) seeks to generate monthly income in a tax efficient manner with the potential for capital appreciation. Covered call funds have become popular in recent years. While these funds can produce income, they historically cut off gains during market rallies and lock in losses during equity downturns. SPUC seeks to avoid these drawbacks by focusing on a total return strategy utilizing both long call options as well as short call options. The goal is to generate higher total returns than most covered call funds while also delivering attractive, tax-efficient monthly income.
The SPUC ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.