Alternative Investments: Simplify Launches ETF Driven By Select Quant Strategies Used By Institutions
The new ETF from Simplify invests in a diversified portfolio of third-party quantitative investment strategies across equities, interest rates, commodities, and currencies.
Simplify Asset Management has introduced the Simplify Multi-QIS Alternative ETF (NYSEARCA: QIS), an innovative investment product that focuses on multiple quantitative strategies across various asset classes.
The QIS approach involves Simplify evaluating numerous quantitative strategies offered by major investment banks, narrowing down the selection based on risk-adjusted returns. These strategies should provide differentiated return premia with low correlations to traditional equity and bond exposures. (Vettafi, previously ETF Trends)
After a quantitative and qualitative review of each strategy, a collection of 10-20 strategies is chosen to minimize risks and aim for positive returns.
This new offering by Simplify brings institutional expertise to the ETF industry, providing advisors with accessible tools. According to Simplify’s CIO and co-founder David Berns QIS “represents a major step forward in the evolution of the alternative ETF category.”
In recent months, Simplify Asset Management has launched other ETFs, including the CRDT opportunistic credit ETF and the EQLS market neutral equity long/short ETF.
Related Story: Simplify Launches Two New Income ETFs With Low Correlation To Credit And Duration Risks
Photo by Volodymyr Tokar on Unsplash
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