Simplify Launches Single-Fund Solutions for Investors Looking to Add Capital Efficient Exposure to Gold PLUS Income & U.S. Small-Caps PLUS Income
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2024
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Source: Newsfilter
New ETF Launches: Simplify Asset Management has launched two new income-oriented ETFs, the Simplify Gold Strategy PLUS Income ETF (YGLD) for leveraged gold exposure and the Simplify US Small Cap PLUS Income ETF (SCY) targeting U.S. small-cap equities, both featuring options overlays to generate monthly income.
Investment Strategy: YGLD aims for 150% exposure to gold through futures contracts while SCY provides 100% exposure to small-cap stocks, with both funds designed to enhance capital efficiency and income without capping potential gains.
Analyst Views on YGLD
Wall Street analysts forecast YGLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for YGLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 48.790
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Current: 48.790
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
