Simplify launches the Simplify Kayne Anderson Energy and Infrastructure Credit ETF

Simplify Asset Management (“Simplify”), a leading provider of Exchange Traded Funds (“ETFs”), today announced the launch of the Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG).

KNRG is actively managed by the team at Kayne Anderson, which brings decades of experience in managing private and public market investments in energy and infrastructure. The Fund seeks to deliver attractive monthly income by investing in the credit instruments of energy and infrastructure companies, which can include bonds, as well as notes, loans and hybrid or preferred shares. “We are excited to partner with Simplify to bring together our energy infrastructure expertise with an established ETF platform to offer investors what we believe is a unique and compelling income-focused credit product offering,” said Mike Schimmel, Portfolio Manager at Kayne Anderson.

“Energy and infrastructure stand to benefit from a number of favorable tailwinds, including the growing push for reshoring, increased public sector infrastructure spending, and the continued digitization of our economy, which is incredibly energy-intensive,” said David Berns, Chief Investment Officer and CO-Founder of Simplify. “We have sought to build a product that provides a source of attractive monthly yield based on a portfolio overseen by a best-in-class manager.”

“In addition, energy and infrastructure credits like those making up the holdings of this new fund have had a meaningfully lower historical rate of defaults than non-energy or infrastructure instruments of similar credit quality,” added Berns.

KNRG joins a Simplify ETF lineup that includes a number of first-of-their-kind equity and income exposures. For more information, please visit https://www.simplify.us/.

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