Simplify DBi CTA Managed Future (SDMF)

Simplify DBi CTA Managed Future (SDMF) is an exchange-traded fund in the Systematic Trend category. It has $42.70M in assets and an expense ratio of 0.35%. The fund is a passively managed fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in instruments that, in total, have rate of return characteristics that are the economic equivalent of an investment in the components of the DBi CTA MF Index. The DBi CTA MF Index (“Index”) is a rules-based index that seeks to represent managed futures investment strategies. The fund is non-diversified.