Amplify Samsung SOFR ETF

About Amplify Samsung SOFR ETF

The Amplify ETF Trust's Samsung SOFR ETF operates under active management. Its primary objective is to closely mirror the performance of the Secured Overnight Financing Rate (SOFR), as reported by the Federal Reserve Bank of New York. Typically, at least 80% of its net assets are allocated to investment instruments selected by Samsung Asset Management, Inc., the fund's sub-adviser. This strategy aims to deliver returns that track SOFR's performance, calculated after accounting for fund fees and expenses but prior to any distributions. It is important to note that this fund is non-diversified.