DINE

Simplify Tax Aware Diversified Income Strategy ETF is an actively managed fund that seeks capital appreciation by investing in a flexible, multi-strategy portfolio of income-linked instruments, targeting enhanced core fixed income, credit-hedged high yield, option-based income, equity income, and foreign currency strategies. The portfolio executes its exposures predominantly via total return swaps on asset-class-focused ETFs and U.S. Government securities, using a tax-aware framework with one-year contract maturities and minimization of distributions to optimize long-term capital gains and after-tax efficiency.