Simplify Asset Management, a provider of exchange-traded funds (ETFs), has announced the launch of its newest fund: the Simplify Brookwood Global Macro ETF (GMAC).
GMAC is designed to provide investors with access to a flexible global macro strategy that can move across asset classes, take long and short positions, and adapt to changing economic conditions.
Sub-advised by Brookwood Investment Group, a nationally recognized registered investment adviser with years of experience in building and managing global macro strategies, GMAC seeks strong positive returns, regardless of the direction of markets, by identifying opportunities among a range of different asset types. The strategy can invest long or short across commodities, natural resources, energy, metals and mining, agriculture, industrials, utilities, and real estate, as well as managed futures, risk parity, long/short equity and other alternative strategies.
GMAC will opportunistically invest based on Broo