Simplify Expands Its Equity PLUS Options ETF Suite With Launch of the Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL)

A universe of small-cap equities is evaluated to identify ~200 stocks well positioned in the current business cycle and through a factor-investing lens

Simplify Asset Management (“Simplify”), a leading provider of Exchange Traded Funds (“ETFs”), today announced the launch of the Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL), an actively managed fund designed for investors aiming to balance volatility, income, and growth by combining small cap U.S. exposure with the potential for monthly income through a proprietary options overlay strategy.

The fund’s investment universe begins with about 2000 small capitalization stocks, from which the most illiquid names are screened out. The fund’s subadvisor, Piper Sandler, then utilizes a macro-driven model to select stocks according to style factors that have historically been favorable in the current economic environment, which is constantly being monitored and assessed.

This business cycle positioning is used to select the 3-4 factors (such as value, sales stability, earnings revisions, profitability and earnings growth) best positioned for forward performance according to the factor allocation framework. The stocks in the investable universe are then ranked using a combined weighting of the selected factors, resulting in a portfolio of about 200 stocks.

A risk-managed options selling strategy is then overlayed on top of the equity portfolio to produce additional income by selling put spreads on a variety of underlying instruments, including equity, fixed income and commodity indices and/or ETFs.

“We’re excited to launch this innovative ETF alongside the distinguished team at Piper Sandler,” said David Berns, CIO and Co-Founder of Simplify. “Small cap equities can enjoy periods of strong growth but have always been more sensitive to the economic cycle than large cap stocks. Piper Sandler’s unique economic overlay seeks to add value by selecting the stocks that are best positioned to succeed in the current environment, while providing investors with current income.”

For more information about the Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL), visit https://www.simplify.us.

ABOUT SIMPLIFY ASSET MANAGEMENT INC

Simplify Asset Management Inc. is a Registered Investment Adviser founded in 2020 to help advisors tackle the most pressing portfolio challenges with an innovative set of options-based strategies. By accounting for real-world investor needs and market behavior, along with the non-linear power of options, our strategies allow for the tailored portfolio outcomes for which clients are looking. For more information, visit www.simplify.us.

IMPORTANT INFORMATION:

Investors should carefully consider the investment objectives, risks, charges, and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus or Summary prospectus containing this and other important information, please call (855) 772-8488, or visit SimplifyETFs.com. Please read the prospectus carefully before you invest.

An investment in the fund involves risk, including possible loss of principal.

The fund is actively-managed is subject to the risk that the strategy may not produce the intended results.

The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset, rate, or index. Derivative prices are highly volatile and may fluctuate substantially during a short period of time. The use of leverage by the Fund, such as borrowing money to purchase securities or the use of options, will cause the Fund to incur additional expenses and magnify the Fund’s gains or losses. The earnings and prospects of small and medium sized companies are more volatile than larger companies and may experience higher failure rates than larger companies. Small and medium sized companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures and may have limited markets, product lines, or financial resources and lack management experience.

The Fund invests in ETFs (Exchange-Traded Funds) and is therefore subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly.

While the option overlay is intended to improve the Fund’s performance, there is no guarantee that it will do so. Utilizing an option overlay strategy involves the risk that as the buyer of a put or call option, the Fund risks losing the entire premium invested in the option if the Fund does not exercise the option. Also, securities and options traded in over-the-counter markets may trade less frequently and in limited volumes and thus exhibit more volatility and liquidity risk.

Simplify ETFs are distributed by Foreside Financial Services, LLC. Foreside and Simplify are not related.

© 2025 Simplify ETFs. All rights reserved.

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"Piper Sandler’s unique economic overlay seeks to add value by selecting the stocks that are best positioned to succeed in the current environment, while providing investors with current income.”