Simplify Launches “Must-Have” Multi-Quant ETF Strategy

Exchange traded fund provider Simplify Asset Management has unveiled a new multi-quantitative strategy ETF which will invest in a range of third-party systematic strategies trading equities, interest rates, commodities and currencies.

The Simplify Multi-QIS Alternative ETF, coming to market with $100 million in assets, aims to generate positive absolute returns by evaluating thousands of quantitative strategies run by the largest investment banks and hedge fund managers, then narrowing them down to those with the most compelling risk-adjusted return characteristics.

Simplify then works with each third-party strategy provider to perform an in-depth quantitative and qualitative review of their strategy, arriving at 10 to 20 strategies seeking to achieve positive returns and mitigate asset class- and single-strategy risks.

“Access to best-in-class quant-driven strategies is a must-have for investors and advisors seeking to position their portfolios amidst a range of risks, both known and unknown, and a consistently elevated level of volatility that has defined every asset class for the past several years,” said David Berns, Simplify CIO and Co-founder.

Berns described the new QIS ETF as a “major step forward” in the evolution of alternative ETFs.

The ETF has an expense ratio of 1%.