The Simplify Propel Opportunities ETF (NYSE ARCA:SURI) is an actively managed exchange-traded fund that focuses on investing in the healthcare sector. This fund is designed to provide investors with exposure to a concentrated portfolio of securities from issuers in the biotechnology, pharmaceuticals, healthcare technology, and life science tools and services industries.
By concentrating its investments in these specific industries, the fund's Sub-Adviser aims to capitalize on growth opportunities and trends in the healthcare sector. This approach allows the fund to invest more than 25% of its net assets in these industries, providing a targeted investment strategy for investors looking to gain exposure to this space.
The fund's investment strategy is opportunistic and multi-asset, meaning it can invest in a range of securities, including common stock, preferred stock, convertible bonds, structured notes, corporate notes and bonds, and ETFs that primarily invest in these security types. This approach allows the fund to adapt to changing market conditions and seek out opportunities for growth and income.
It's worth noting that the fund is non-diversified, meaning it can invest a larger portion of its assets in a smaller number of securities. This approach can provide the potential for higher returns, but it also increases the risk of losses if the fund's investments do not perform well. As a result, investors should carefully consider their own risk tolerance and investment goals before investing in the Simplify Propel Opportunities ETF.