Simplify Brookwood Global Macro ETF (GMAC) Stock Price, Quote, News & History | Benzinga

The Fund is an actively managed exchange-traded fund (ETF). The Fund's investment adviser, Simplify Asset Management Inc. (the Adviser), collaborates with the Fund's sub-adviser, Brookwood Investment Group LLC (the Sub-Adviser), to seek to achieve the Fund's investment objective. The Fund pursues its investment objective by investing globally across a wide range of asset classes. These broad asset classes are: (i) equities, (ii) debt, (iii) currencies and (iv) commodities. The Fund has no set asset allocation or foreign issuer targets or ranges and takes an opportunistic approach. The Fund may take long and short positions in any asset class. Macro in the Fund's name is a reference to an investment approach that seeks to analyze the impact of broad economic and political changes. These include: (i) economic growth rates, (i) inflation, (iii) interest rates, (iv) monetary policy, (v) regulatory shifts, and (vi) political leadership changes, all viewed from a national, regional, and global perspective. The Fund invests without restriction as to issuer capitalization, credit rating, country, currency, or debt maturity, and may focus on certain economic sectors. Global in the Fund's name reflects the Fund's policy that, under normal circumstances, the Fund will have investments in or equivalent economic exposure to issuers domiciled in at least three countries. Additionally, under normal circumstances, the Fund expects to invest primarily in developed markets but has no country specific nor geographic targets.