Simplify MTBA Fund Deep Dive

MTBA focuses on buying newer MBS, which have provided higher coupons and higher yield to maturity compared to the MBS comprising the Bloomberg U.S. MBS Index. Learn more about MTBA: bit.ly/3FiDptM.
For more information, visit simplify.us.
Investing involves risk including potential loss of principal.
The Simplify ETFs are distributed by Foreside Financial Services, LLC. Foreside and Simplify are not related.
BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM www.simplify.us. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

[@sindicate6]

please do a live talk about this product with a Q&A like you have done for other products.

[@JohnTaylor-ts8wk]

The unmentioned reason that higher coupon mortgage bonds give a higher YTM is that these bonds have significantly higher prepayment risk.
A mortgage at 6% coupon is fairly likely to be refinanced within 5 years, while a mortgage at 2% coupon won’t refinance; it will only prepay on a home sale or if the homeowner listens to Dave Ramsey and aggressively pays it down regardless of rate.

[@likeicare300]

😂😂😂

[@kurkinet55]

I like the products that Harley Bassman creates a lot! Pfix, tua and mtba

[@likeicare300]

I'd love to see light leverage on HIGH etf to increase yeild. Let's say 25% leverage would go a long way with a credit spread strategy like HIGH. Would be awesome

[@kaptaa2671]

btw....I think PFIX is the best opposite side of TLT and Spy

[@johnnyfantastic100]

this is short vol / short convexity on bonds, max payout when rates stabilize. No convexity but I like it. Im already out of this trade but I like it for normies.

[@avernvrey7422]

This etf only came into existence in early November...