# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0000940400-25-011466
**Filing Date:** 2025-11
**Character Count:** 28982
**Document Hash:** 9ee1322bff1814ce8369d9f3dbddb959
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011466.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011466

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Simplify Exchange Traded Funds
- **CENTRAL INDEX KEY:** 0001810747

**ORGANIZATION NAME:**
- **EIN:** 851887571
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23570
- **FILM NUMBER:** 251534456

**BUSINESS ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038
- **BUSINESS PHONE:** 646-741-2438

**MAIL ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038

## Series and Classes Contracts Data

### Simplify Gamma Emerging Market Bond ETF (Series ID: S000085697)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000251041 | Simplify Gamma Emerging Market Bond ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Simplify Exchange Traded Funds

- **b. Investment Company Act file number:** 811-23570

- **c. CIK number of Registrant:** 0001810747

- **d. LEI of Registrant:** 549300LDDEMEUCZQEO55

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 10845 Griffith Peak Drive

  - **City:** Las Vegas

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89135

  - **Telephone number:** (702) 389-9705

**Item A.2. Information about the Series.**

- **a. Name of Series:** Simplify Gamma Emerging Market Bond ETF

- **b. EDGAR series identifier (if any):** S000085697

- **c. LEI of Series:** 5299007RKKJ9VVHGQM80

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $27676514.30

**Total Liabilities:** $10009.62

**Net Assets:** $27666504.68

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 249.33595000 | **5-Year:** 1895.89701000 | **10-Year:** 4647.97635000 | **30-Year:** 371.37060000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 713.22554000 | **5-Year:** 4168.03020000 | **10-Year:** 3982.04078000 | **30-Year:** 307.62606000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000251041 | 1.61%                | 1.66%                | 1.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $56620.28                | $56429.99                                  |
| Month 2  | $8.50                    | $124785.11                                 |
| Month 3  | $-30744.30               | $62615.77                                  |

**Designated Index Information**

- **Index Name:** Self Reference

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                      | Title                                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HONDURAS GOVERNMENT       | Honduras Government International Bond                           | CUSIP: 438180AK7<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    350000 | PA      | $384562.50    | 1.39%             | 2034-11-27      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA            | Bancolombia SA                                                   | CUSIP: 05968LAN2<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    450000 | PA      | $486348.72    | 1.76%             | 2034-12-24      | Fixed         | 8.62%                 | No            |                  1 | On Loan: No      |
| BANCO DAVIVIENDA SA       | Banco Davivienda SA                                              | CUSIP: 059501AG1<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |    550000 | PA      | $571476.27    | 2.07%             | 2035-07-02      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| KINGSTON AIRPORT REV FIN  | Kingston Airport Revenue Finance Ltd                             | CUSIP: 49647QAA6<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $204925.00    | 0.74%             | 2036-12-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                            | CUSIP: 25714PFD5<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |  30000000 | PA      | $508367.13    | 1.84%             | 2037-03-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA          | CSN Resources SA                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $151428.90    | 0.55%             | 2030-12-05      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS   | Bahamas Government International Bond                            | CUSIP: 000000000<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    390000 | PA      | $421808.40    | 1.52%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  1 | On Loan: No      |
| VOLCAN CIA MINERA SAA-CM  | Volcan Cia Minera SAA                                            | CUSIP: 000000000<br>LEI: 549300XKJ91C4SZLG750 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $416288.00    | 1.50%             | 2030-01-24      | Fixed         | 8.75%                 | No            |                  1 | On Loan: No      |
| LATAM AIRLINES GROUP SA   | Latam Airlines Group SA                                          | CUSIP: 51817RAD8<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $208340.00    | 0.75%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299BZ6<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    300000 | PA      | $338820.00    | 1.22%             | 2057-03-01      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    650000 | PA      | $624563.92    | 2.26%             | 2041-02-01      | Fixed         | 7.62%                 | No            |                  1 | On Loan: No      |
| ECOPETROL SA              | Ecopetrol SA                                                     | CUSIP: 279158AW9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    580000 | PA      | $600641.97    | 2.17%             | 2032-02-01      | Fixed         | 7.75%                 | No            |                  1 | On Loan: No      |
| DREYFUS TRSY OBLIG CASH M | DREYFUS TRSY OBLIG CASH M                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     15275 | NS      | $15275.08     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299BK9<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    700000 | PA      | $653219.00    | 2.36%             | 2030-01-23      | Fixed         | 3.16%                 | No            |                  1 | On Loan: No      |
| PETROLEOS MEXICANOS       | Petroleos Mexicanos                                              | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    380000 | PA      | $362557.09    | 1.31%             | 2035-06-15      | Fixed         | 6.62%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                      | CUSIP: 912797QG5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    420000 | PA      | $418967.27    | 1.51%             | 2025-10-23      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    400000 | PA      | $434000.00    | 1.57%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL    | Brazilian Government International Bond                          | CUSIP: 105756CF5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    460000 | PA      | $472190.00    | 1.71%             | 2033-10-20      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| LD CELULOSE INTERNATIONA  | LD Celulose International GmbH                                   | CUSIP: 50206BAA0<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $211549.69    | 0.76%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| ORAZUL ENERGY PERU SA     | Orazul Energy Peru SA                                            | CUSIP: 685948AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    450000 | PA      | $457511.26    | 1.65%             | 2032-09-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                      | CUSIP: 912797RP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    450000 | PA      | $447608.34    | 1.62%             | 2025-11-18      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| ECOPETROL SA              | Ecopetrol SA                                                     | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    700000 | PA      | $722822.56    | 2.61%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  1 | On Loan: No      |
| PETROLEOS MEXICANOS       | Petroleos Mexicanos                                              | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1150000 | PA      | $1046263.54   | 3.78%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  1 | On Loan: No      |
| INVEST ENERGY RES LTD     | Investment Energy Resources Ltd                                  | CUSIP: 000000000<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |    450000 | PA      | $448609.10    | 1.62%             | 2029-04-26      | Fixed         | 6.25%                 | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    793000 | PA      | $705294.20    | 2.55%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  1 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    250000 | PA      | $266100.00    | 0.96%             | 2055-02-24      | Fixed         | 7.15%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299BN3<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |   1280000 | PA      | $1038720.00   | 3.75%             | 2032-09-29      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| BOROO INVESTMENTS         | Boroo Investments Pte Ltd                                        | CUSIP: 10001AAA3<br>LEI: 254900NL0ALM1NCHOQ65 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $188810.00    | 0.68%             | 2032-08-07      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL GAS CO           | National Gas Co of Trinidad & Tobago Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | TT        |    100000 | PA      | $92436.00     | 0.33%             | 2036-01-15      | Fixed         | 6.05%                 | No            |                  1 | On Loan: No      |
| MILLICOM INTL CELLULAR    | Millicom International Cellular SA                               | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $313771.50    | 1.13%             | 2032-04-02      | Fixed         | 7.38%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299BL7<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    750000 | PA      | $485512.50    | 1.75%             | 2060-07-23      | Fixed         | 3.87%                 | No            |                  1 | On Loan: No      |
| COMISION FEDERAL DE ELEC  | Comision Federal de Electricidad                                 | CUSIP: 200447AP5<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $408160.40    | 1.48%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SAU  | EnfraGen Energia Sur SAU/ EnfraGen Chile SpA/ EnfraGen Spain SAU | CUSIP: 29281MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |    500000 | PA      | $526595.00    | 1.90%             | 2032-06-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| PLUSPETROL SA             | Pluspetrol SA                                                    | CUSIP: 000000000<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    300000 | PA      | $300870.00    | 1.09%             | 2032-05-30      | Fixed         | 8.50%                 | No            |                  1 | On Loan: No      |
| EMPRESA GEN ELEC HAINA    | Empresa Generadora de Electricidad Haina SA                      | CUSIP: 000000000<br>LEI: 549300Y36L5LRW5RH373 | Long             | DBT              | CORP              | DO        |    250000 | PA      | $245575.00    | 0.89%             | 2028-11-08      | Fixed         | 5.62%                 | No            |                  1 | On Loan: No      |
| CSN RESOURCES SA          | CSN Resources SA                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $325229.09    | 1.18%             | 2031-06-10      | Fixed         | 4.62%                 | No            |                  1 | On Loan: No      |
| CABLE ONDA SA             | Telecomunicaciones Digitales SA                                  | CUSIP: 000000000<br>LEI: 5299008Q5GONPYNF9J32 | Long             | DBT              | CORP              | PA        |    200000 | PA      | $191770.30    | 0.69%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  1 | On Loan: No      |
| FED REPUBLIC OF BRAZIL    | Brazilian Government International Bond                          | CUSIP: 105756CN8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    460000 | PA      | $466210.00    | 1.69%             | 2056-01-12      | Fixed         | 7.25%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA      | Colombia Government International Bond                           | CUSIP: 195325EQ4<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    460000 | PA      | $488451.00    | 1.77%             | 2054-11-07      | Fixed         | 8.38%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    580000 | PA      | $590770.92    | 2.14%             | 2035-06-15      | Fixed         | 7.65%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF EL SALVADOR   | El Salvador Government International Bond                        | CUSIP: 283875CG5<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    250000 | PA      | $271250.00    | 0.98%             | 2054-11-21      | Fixed         | 9.65%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC        | Dominican Republic International Bond                            | CUSIP: 25714PFC7<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    200000 | PA      | $212880.00    | 0.77%             | 2055-02-24      | Fixed         | 7.15%                 | No            |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT       | Honduras Government International Bond                           | CUSIP: 000000000<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |    500000 | PA      | $549375.00    | 1.99%             | 2034-11-27      | Fixed         | 8.62%                 | No            |                  1 | On Loan: No      |
| ENERGUATE TRUST 2 0       | Energuate Trust 2 0                                              | CUSIP: 29277RAB1<br>LEI: 2549000ZL9MU01FZK194 | Long             | DBT              | CORP              | KY        |    500000 | PA      | $504033.57    | 1.82%             | 2035-09-15      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| UEP PENNONOME II SA       | UEP Penonome II SA                                               | CUSIP: 000000000<br>LEI: 549300DS6G5XB230S845 | Long             | DBT              | CORP              | PA        |    202777 | PA      | $181511.89    | 0.66%             | 2038-10-01      | Fixed         | 6.50%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF COLOMBIA      | Colombia Government International Bond                           | CUSIP: 195325EM3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    710000 | PA      | $780858.00    | 2.82%             | 2053-11-14      | Fixed         | 8.75%                 | No            |                  1 | On Loan: No      |
| PLUSPETROL SA             | Pluspetrol SA                                                    | CUSIP: 72942BAA3<br>LEI: 254900QSCHBUBX6J6H71 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $200580.00    | 0.72%             | 2032-05-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| LD CELULOSE INTERNATIONA  | LD Celulose International GmbH                                   | CUSIP: 000000000<br>LEI: 529900EHUSQJVOTP9J45 | Long             | DBT              | CORP              | AT        |    250000 | PA      | $264437.11    | 0.96%             | 2032-01-26      | Fixed         | 7.95%                 | No            |                  1 | On Loan: No      |
| LATAM AIRLINES GROUP SA   | Latam Airlines Group SA                                          | CUSIP: 000000000<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    250000 | PA      | $260425.00    | 0.94%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  1 | On Loan: No      |
| ARIS MINING CORP          | Aris Mining Corp                                                 | CUSIP: 04040YAB5<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $208093.00    | 0.75%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ARIS MINING CORP          | Aris Mining Corp                                                 | CUSIP: 000000000<br>LEI: 5493001GJ5TILX6L1F82 | Long             | DBT              | CORP              | CA        |    250000 | PA      | $260116.25    | 0.94%             | 2029-10-31      | Fixed         | 8.00%                 | No            |                  1 | On Loan: No      |
| EMPRESAS PUBLIC MEDELLIN  | Empresas Publicas de Medellin ESP                                | CUSIP: 000000000<br>LEI: 549300SU25TO8EMXB434 | Long             | DBT              | CORP              | CO        |    450000 | PA      | $427764.15    | 1.55%             | 2029-07-18      | Fixed         | 4.25%                 | No            |                  1 | On Loan: No      |
| TELECOM OF TRIN & TOBAGO  | Telecommunications Services of Trinidad & Tobago Ltd             | CUSIP: 000000000<br>LEI: 5299007N4G3EZWXAMB76 | Long             | DBT              | CORP              | TT        |    200000 | PA      | $203660.00    | 0.74%             | 2029-10-18      | Fixed         | 8.88%                 | No            |                  1 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS   | Bahamas Government International Bond                            | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    300000 | PA      | $324468.00    | 1.17%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| COMISION FEDERAL DE ELEC  | Comision Federal de Electricidad                                 | CUSIP: 000000000<br>LEI: 4469000001BFPONMPF32 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $408160.40    | 1.48%             | 2035-01-24      | Fixed         | 6.45%                 | No            |                  1 | On Loan: No      |
| KINGSTON AIRPORT REV FIN  | Kingston Airport Revenue Finance Ltd                             | CUSIP: 000000000<br>LEI: 254900SK2YRR95AVHU30 | Long             | DBT              | CORP              | KY        |    260000 | PA      | $266402.50    | 0.96%             | 2036-12-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299AW4<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    950000 | PA      | $1005290.00   | 3.63%             | 2036-01-26      | Fixed         | 6.70%                 | No            |                  1 | On Loan: No      |
| TREASURY BILL             | United States Treasury Bill                                      | CUSIP: 912797RB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1775000 | PA      | $1773801.91   | 6.41%             | 2025-10-07      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| BRASKEM NETHERLANDS       | Braskem Netherlands Finance BV                                   | CUSIP: 10554TAJ4<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $93562.50     | 0.34%             | 2034-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA        | Panama Government International Bond                             | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    450000 | PA      | $458145.00    | 1.66%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  1 | On Loan: No      |
| TELECOM ARGENTINA SA      | Telecom Argentina SA                                             | CUSIP: 879273AV2<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |    200000 | PA      | $196834.52    | 0.71%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| TELECOM ARGENTINA SA      | Telecom Argentina SA                                             | CUSIP: 000000000<br>LEI: 549300MKPIRSJD8SB782 | Long             | DBT              | CORP              | AR        |    250000 | PA      | $246043.15    | 0.89%             | 2033-05-28      | Fixed         | 9.25%                 | No            |                  1 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO  | Colombia Telecomunicaciones SA ESP                               | CUSIP: 000000000<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |    808000 | PA      | $748357.48    | 2.70%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  1 | On Loan: No      |
| AES ESPANA BV             | AES Espana BV                                                    | CUSIP: 000000000<br>LEI: 7245003VZ59682IZLJ86 | Long             | DBT              | CORP              | NL        |    180000 | PA      | $175619.70    | 0.63%             | 2028-05-04      | Fixed         | 5.70%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Simplify Exchange Traded Funds

**Signature:** Paul Kim

**Name of Signer:** Paul Kim

**Title:** Trustee & President