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Simplify Exchange Traded Funds - Simplify High Yield PLUS Credit Hedge ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. The fund invests in fixed income markets. It invests through derivatives and through other funds in high yield bonds that are rated below Baa3 by Moody's or below BBB- by S&P. It uses derivatives such as options, swaps to create its portfolio. The fund invests in securities with varying maturities. Simplify Exchange Traded Funds - Simplify High Yield PLUS Credit Hedge ETF was formed on February 14, 2022 and is domiciled in the United States.