NEXT Indices ETFs

The new Simplify Next Intangible Index ETFs modernize equity investing by taking into consideration the most powerful asset that companies have: intangible capital.

Simplify NEXT Intangible Core Index ETFThe Simplify NEXT Intangible Core Index ETF (NXTI) seeks to provide investment results that track, before fees and expenses, the performance of the NEXT Intangible Core Index. The index will select companies with high intangible capital-to-book asset ratios within their respective sector. The research behind the development of the index supports the idea that companies with high intangible capital-to-book asset ratios outperform companies with low intangible capital-to-book asset ratios over time.

Simplify NEXT Intangible Value Index ETFThe Simplify NEXT Intangible Value Index ETF (NXTV) seeks to provide investment results that track, before fees and expenses, the performance of the NEXT Intangible Value Index. The Index will select companies with low equity valuations relative to their intangible-adjusted book values within their respective sectors. The research behind the development of the index supports the idea that companies with low intangible-adjusted book valuations outperform traditional valuation metrics over time.

Investors should carefully consider the investment objectives, risks, charges, and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's 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 subject to the risk that the strategy may not produce the intended results. The fund is new and has a limited operating history to evaluate.

Concentration Risk: The Fund may focus its investments in securities of a particular industry or group of industries.

Small and Medium Capitalization Risk: 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.

Value Risk: A company may be undervalued due to market or economic conditions, temporary earnings declines, unfavorable developments affecting the company, and other factors.

Tracking Error Risk: Tracking error is the divergence of the Fund’s performance from that of the Index.

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