Welcome to our dedicated page for Simplify Interest Rate Hedge ETF news (Ticker: PFIX), a resource for investors and traders seeking the latest updates and insights on Simplify Interest Rate Hedge ETF stock.
The Simplify Interest Rate Hedge ETF (PFIX) generates news primarily through its role as a specialized, derivatives-based interest rate hedge fund within the Simplify Asset Management ETF lineup. Public announcements have focused on operational updates such as net asset value (NAV) restatements and on PFIX’s position in Simplify’s broader toolkit for addressing interest rate movements and volatility.
Several Business Wire releases from Simplify Asset Management have detailed PFIX NAV restatements when previously disclosed NAVs contained errors above specified thresholds. These notices have explained the causes of adjustments, including incorrect recording of a swaption trade, delayed posting of swaption trade settlement proceeds, and other NAV calculation errors, along with the revised values and effective dates. Such updates are important for investors who track PFIX’s pricing history and the impact of derivatives on fund valuation.
PFIX is also mentioned in news related to the launch and evolution of other Simplify funds. For example, Simplify has described the Simplify Downside Interest Rate Hedge Strategy ETF, later renamed the Simplify Bond Bull ETF (RFIX), as providing exposure akin to a mirror of PFIX. In these communications, PFIX is characterized as seeking to hedge interest rate movements from rising long-term interest rates, while RFIX is designed for investors seeking to benefit from falling long-term rates.
Visitors to this PFIX news page can review such official communications, including NAV restatement notices and cross-references to related interest-rate-focused ETFs in the Simplify family. This context helps investors understand how PFIX fits into Simplify’s options-based strategies and how operational events, particularly those involving derivatives and swaptions, have been disclosed over time.
Simplify Asset Management has announced a restatement of the net asset value (NAV) for its Simplify Interest Rate Hedge ETF (NYSE Arca: PFIX). The NAV adjustment, effective July 3, 2025, revises the July 1, 2025 NAV from $54.21 to $53.58, representing a decrease of 1.17%. The restatement was necessary due to an incorrect recording of a swaption trade.
Simplify Asset Management has announced a restatement of the net asset value (NAV) per share for the Simplify Interest Rate Hedge ETF (PFIX). The adjustment affects the NAV values from February 25 to March 7, 2025, and became effective on March 11, 2025. The restatement was necessary due to a delay in posting swaption trade settlement proceeds.
Simplify Asset Management has renamed the Simplify Downside Interest Rate Hedge Strategy ETF to the Simplify Bond Bull ETF, while maintaining its ticker symbol (RFIX) and investment strategy. The fund, launched in December 2024, aims to profit from falling long-term interest rates through a proprietary approach similar to a long-term call option on U.S. Treasury bonds.
The ETF is designed to maximize positive convexity and minimize time decay, serving as a hedge against market stress scenarios where Treasury yields typically decline. RFIX functions as a mirror image of the Simplify Interest Rate Hedge ETF (PFIX), which hedges against rising long-term rates. Since its launch on December 10, 2024, RFIX has accumulated approximately $100 million in AUM.
Simplify Asset Management has launched the Simplify Downside Interest Rate Hedge Strategy ETF (RFIX), designed for investors looking to profit from falling long-term interest rates. RFIX joins Simplify's lineup of specialized ETFs, including the highly-rated PFIX, which hedges against rising long-term interest rates. RFIX utilizes a proprietary 7-year OTC receiver swaption approach, akin to a long-term call option on U.S. Treasury bonds, maximizing positive convexity and minimizing time decay. The ETF structure ensures daily liquidity and eliminates the need for K-1 tax forms, providing a capital-efficient solution for investors. This allows for significant duration exposure with less capital outlay, freeing up funds for other strategies. Simplify aims to democratize access to institutional-grade strategies, offering transparent and efficient tools for navigating market volatility.
Simplify Asset Management Inc. announced a correction in the net asset value (NAV) per share for its Simplify Interest Rate Hedge ETF (PFIX) due to an error exceeding 1%. The revised NAV, effective October 28, 2022, is $75.0216, down from the original $75.7968, reflecting a 1.03% adjustment. This restatement was deemed necessary to accurately represent the fund's value.
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