Simplify Next Intangible Core Index ETF

Simplify Next Intangible Core Index ETF is an exchange-traded fund that seeks to track the performance of the NEXT Intangible Core Index before fees and expenses. The fund focuses on U.S. companies that exhibit relatively high intangible capital-to-book asset ratios within their sectors, giving investors broad equity exposure with a tilt toward businesses built around brands, intellectual property, software, data, and knowledge-based assets. Its portfolio spans multiple industries and typically includes large, established companies across technology, financials, healthcare, consumer, and industrial segments. By using a rules-based index approach, Simplify Next Intangible Core Index ETF provides a diversified way to access intangible-intensive companies that play an important role in modern equity markets.