Simplify Exchange Traded Funds

08/11/2026 | Press release | Distributed by Public on 08/11/2026 10:01

Prospectus by Investment Company (Form 497)

Fund Name

Ticker Symbol (Exchange)
Simplify Tax Aware Alternatives ETF LQ (The Nasdaq Stock Market LLC)
Simplify Tax Aware Diversified Income Strategy ETF DINE (The Nasdaq Stock Market LLC)

each a series (each a "Fund") of Simplified Exchange Traded Funds (the "Trust")

Supplement dated August 11, 2026, to the Summary Prospectuses, Prospectus, and Statement of Additional Information ("SAI") dated April 6, 2026

Effective August 7, 2026, Paisley Nardini no longer serves as a portfolio manager of the Funds. Therefore, all references to Paisley Nardini are removed from the Funds' Prospectus, Summary Prospectuses and SAI.

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This Supplement and the Prospectus and SAI dated April 6, 2026, provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the SAI have been filed with the Securities and Exchange Commission and are incorporated by reference and can be obtained without charge by calling the Funds at (855) 722-8488.

Simplify Exchange Traded Funds published this content on August 11, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 11, 2026 at 16:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]