Simplify Exchange Traded Funds - Simplify Propel Opportunities ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. It is co-managed by Propel Bio Management, LLC. It invests in public equity and fixed income markets of global region. For its equity portion, the fund invests directly, through other funds and through derivatives in stocks of companies operating across health care, health care equipment and services, health care technology, pharmaceuticals, biotechnology and life sciences sectors. It invests in value stocks of companies across diversified market capitalization. For its fixed income portion, it invests in convertible bonds, structured notes, corporate notes and bonds, and other debt instruments of varying maturities and credit quality. It employs fundamental analysis with bottom-up securities picking approach to create its portfolio. Simplify Exchange Traded Funds - Simplify Propel Opportunities ETF was formed on February 7, 2023 and is domiciled in the United States.