NXTV

Simplify Next Intangible Value Index ETF seeks to provide investment results that track, before fees and expenses, the performance of the Next Intangible Value Index. The fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the index. The index is designed to measure the performance of U.S. stocks of companies that exhibit low equity valuations relative to their intangible-adjusted book values within their respective sector.