Simplify Asset Management has just announced the launch of the Simplify Macro Strategy ETF (FIG) aiming to help solve portfolio construction challenges. A statement from Simplify’s portfolio manager says, “With equities and fixed income both experiencing a period of negative returns due to the prevailing market environment, investors are eager to find ways that will help them hedge their downside risk, provide uncorrelated returns, and generate income. We believe the traditional 60/40 portfolio no longer provides the protection and diversification that it has in the past, so we are excited to offer an easily accessible solution to the allocation problem.”
ETF Newz Says:
FIG is looking to offer investors a new take on the balanced portfolio through asset classes working towards equity returns with lower volatility.