Key Takeaways
- • Simplify Asset Management launched the Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP) on NYSE Arca on December 8, 2025, with a competitive total expense ratio of 0.28%.
- • CTAP delivers 100% notional exposure to both large-cap US equities and a systematic managed futures strategy simultaneously, providing capital-efficient leverage without additional capital requirements.
- • The fund employs Altis Partners as its external futures adviser, utilizing a systematic trend-following approach that can take long or short positions across multiple asset classes including equities, US Treasuries, commodities, and foreign exchange futures.
- • The structure seeks long-term capital appreciation by combining dual asset class exposure, positioning CTAP as an alternative strategy vehicle for institutional investors seeking absolute returns with enhanced diversification.
- • Simplify's existing Managed Futures Strategy ETF (CTA) has demonstrated significant performance, gaining approximately 10% over a 30-day period in recent trading and managing approximately $1.6 billion in assets.
Summary
Simplify Asset Management, a registered investment adviser, has introduced the Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP), which commenced trading on NYSE Arca on December 8, 2025. The new fund represents a capital-efficient approach to blended equity and systematic alternatives exposure, charging investors a total expense ratio of just 0.28%.
CTAP's defining characteristic is its ability to deliver 100% notional exposure to large-cap US equities while simultaneously providing 100% exposure to a systematic managed futures strategy, without requiring investors to deploy proportionally greater capital. This dual exposure structure is achieved through the fund's actively managed design, which leverages derivatives markets to achieve the desired notional allocations. Altis Partners serves as the external adviser for the managed futures component, implementing a trend-following methodology across a diversified array of asset classes including equity index futures, US Treasury futures, commodity futures, and foreign exchange futures.
The fund's investment objective centers on long-term capital appreciation, combining traditional equity market participation with systematic alternatives that can operate in both rising and declining market environments. By enabling investors to access absolute return potential through managed futures while maintaining full equity market exposure, CTAP addresses the capital efficiency concerns that typically constrain traditional multi-strategy allocations.
Simplify's broader managed futures ecosystem has demonstrated traction with institutional investors. The company's flagship Simplify Managed Futures Strategy ETF (CTA), which operates under a similar systematic trend-following mandate, manages approximately $1.6 billion in assets and has exhibited meaningful recent performance gains, rebounding roughly 10% over a 30-day trading period. The launch of CTAP extends Simplify's alternative strategy offerings and targets institutional and sophisticated retail investors seeking diversified exposure beyond traditional stock-and-bond portfolios.
CTAP's defining characteristic is its ability to deliver 100% notional exposure to large-cap US equities while simultaneously providing 100% exposure to a systematic managed futures strategy, without requiring investors to deploy proportionally greater capital. This dual exposure structure is achieved through the fund's actively managed design, which leverages derivatives markets to achieve the desired notional allocations. Altis Partners serves as the external adviser for the managed futures component, implementing a trend-following methodology across a diversified array of asset classes including equity index futures, US Treasury futures, commodity futures, and foreign exchange futures.
The fund's investment objective centers on long-term capital appreciation, combining traditional equity market participation with systematic alternatives that can operate in both rising and declining market environments. By enabling investors to access absolute return potential through managed futures while maintaining full equity market exposure, CTAP addresses the capital efficiency concerns that typically constrain traditional multi-strategy allocations.
Simplify's broader managed futures ecosystem has demonstrated traction with institutional investors. The company's flagship Simplify Managed Futures Strategy ETF (CTA), which operates under a similar systematic trend-following mandate, manages approximately $1.6 billion in assets and has exhibited meaningful recent performance gains, rebounding roughly 10% over a 30-day trading period. The launch of CTAP extends Simplify's alternative strategy offerings and targets institutional and sophisticated retail investors seeking diversified exposure beyond traditional stock-and-bond portfolios.
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