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MT
Simplify MBS ETF
MTBA
Volume
160.51K
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MT
MTBA
MT
Simplify MBS ETF
MTBA
News
·
Hedge Fund Strategies Are Getting ETF-ed: Are Lower Fees Inevitable?
AUM
N/A
Volume
160.51K
Yield
5.83%
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Hedge Fund Strategies Are Getting ETF-ed: Are Lower Fees Inevitable?
As institutional money increasingly flows into ETFs, market watcjers are beginning to question whether the high fees charged by hedge fund managers are still justifiable. A tweet by Corey Hoffstein highlighted that the Simplify Market Neutral Equity Long Short ETF (NYSE:EQLS) (expense ratio = 1%) recently bagged $104 million from General Electric’s pension fund. Earlier, Michigan’s pension fund had also put in $364 million in another of Simplify’s ETFs. Given the state of the mortgage market, Simplify has recently launched its Simplify MBS ETF (NYSE:MTBA) investing in mortgage-backed securities (MBS), as reported by Bloomberg. The fund seeks to provide attractive yields versus comparable U.S. Treasuries while carrying little to no credit risk. Related: Simplify Launches the MTBA ETF, Revolutionizing ...Full story available on Benzinga.com
Benzinga · Nov 10, 2023
Heightened rate volatility points to these opportunities in stocks, bonds for ETF investors, says State Street’s Michael Arone
Bond-market volatility spilling into stocks in 2023 may be creating investment opportunities that could pay off in the next year, according to State Street's Michael Arone.
MarketWatch · Nov 9, 2023
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Simplify MBS ETF
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Related Tickers
Earnings
Dividends
Last · Sep 25
Monthly
Amount
$0.23
Yield
6.17%
Annual
$2.92