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Home»Fund»Roundhill Investments launches leveraged and inverse Magnificent Seven ETFs, expanding Magnificent Seven fund lineup
Fund

Roundhill Investments launches leveraged and inverse Magnificent Seven ETFs, expanding Magnificent Seven fund lineup

The Elite Times TeamBy The Elite Times TeamFebruary 29, 2024No Comments6 Mins Read
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MAGQ and MAGX offer unique trading tools for sophisticated users. trader I want to manage my exposure to Magnificent Seven stocks.

new york, February 29, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the launch of the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ). Round Hill Dairy 2X Long Magnificent Seven ETF (MAGX). MAGQ and MAGX begin trading today on the Nasdaq.

Roundhill Investments (PRNewsfoto/Roundhill Investments)

MAGQ seeks to provide daily returns equivalent to the inverse (-1X) of the daily performance of the Round Hill Magnificent Seven ETF*. Conversely, MAGX allows for twice as many (2X) longer exposures per day.

MAGQ and MAGX are each part of the Round Hill Magnificent Seven ETF (mags) currently consists of stocks in Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla. The selected companies boast a total market capitalization. $13.1 trillionexceeds, Japan, Franceand England According to Deutsche Bank, the stock market as of February 13, 2024 is total.

Dave Mazza“As the market continues to support the Magnificent Seven, we are expanding our product suite to meet the demands of active traders. The Magnificent Seven concept is here to stay,” said Roundhill Investments Chief Strategy Officer. “We believe that MAGQ/MAGX is valid.” An active trader can accurately express his opinion on these seven market leaders. ”

*There is no guarantee that the Fund will achieve its stated investment goals.

About Roundhill Investments:

Roundhill Investments was founded in 2018. SEC-Registered investment advisor focused on innovative exchange-traded funds. Round Hill’s range of ETFs provides unique and differentiated exposure across equity, option income and trading vehicle themes. Roundhill brings a wealth of ETF knowledge and experience, and the team has co-launched over 100 of his ETFs to date, including several first-to-market products. For more information, please visit roundhillinvestments.com.

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus containing this and other information about ETFs, please call 1-877-220-7649 or visit our website at https://www.roundhillinvestments.com/etf/ Please refer to the. Please read the prospectus or summary prospectus carefully before investing.

The Fund may not be suitable for all investors. This fund is designed to be available only to sophisticated investors, such as traders and active investors who employ dynamic strategies. Investors in the Fund must: 1. Understand the risks associated with using leverage strategies. 2. Understand the consequences of seeking leveraged investment results every day. 3. We intend to actively monitor and manage our investments.

The Fund has different risks than other types of funds. The Fund may not be suitable for all investors. This fund is designed for knowledgeable investors who understand the potential consequences of seeking daily inverse (-1X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolio frequently. Designed for use by investors only.

The Fund has different risks than other types of funds. The Fund may not be suitable for all investors. This fund is designed for knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolio frequently. Designed for home use only.

Information Technology Company Risks. Information technology companies face intense competition both domestically and internationally, which can adversely affect profit margins. Like other technology companies, information technology companies may have limited product lines, markets, financial resources, and personnel. Information technology companies’ products may become obsolete due to rapid technological developments, frequent new product introductions, unpredictable changes in growth rates, and competition for the services of qualified personnel. Companies in the information technology sector rely heavily on patents and intellectual property rights. The loss or impairment of these rights could adversely affect the profitability of these companies. Information technology companies face increased government and regulatory scrutiny and may be subject to adverse government and regulatory actions.

New Fund Risks. The Fund is a recently established investment company with limited operating history. As a result, prospective investors have limited track records and backgrounds on which to base their investment decisions.

Non-diversification risk. As a “non-diversified” fund, the Fund may hold fewer portfolio securities than many other funds. To the extent the Fund invests in a relatively small number of issuers, a decline in the market price of a particular security held by the Fund may affect the Fund’s value more than if it invested in a larger number of issuers. there is. The value of Fund shares may be more volatile than the value of shares of more diversified Funds.

Take advantage of risk. The Fund uses leverage to obtain investment exposure in excess of its net assets and may lose more money than a non-leveraged Fund in market conditions unfavorable to its investment objectives. An investment in the Fund is subject to the risk of magnified declines in the daily performance of the Magnificent Seven ETF. This means that for every 1% daily decline in the market value of the Magnificent Seven ETF, your investment in the Fund will be reduced by an amount equal to 2%. This does not include the cost of financing leverage or other operating expenses, which would further reduce it. Its worth. Theoretically, if the market value of the Magnificent Seven ETF declines by more than 50% in a single trading day, the Fund could lose an amount in excess of its net assets. Leverage also has the effect of magnifying the difference in correlation between the Magnificent Seven ETF and the fund.

compound interest risk and market volatility risk. The Fund has a daily inverse investment objective, and the Fund’s performance for periods beyond the trading day will result in daily returns compounded over that period and will be the inverse (-1x) of the Magnificent Seven ETF. are very likely to be different. Performance before fees and expenses. Compound interest affects all investments, but it has a greater impact on funds that use leverage and rebalance daily. In the case of a leveraged fund, if the shareholder’s investment amount decreases due to daily unfavorable performance of the reference asset, and if the daily performance becomes even more unfavorable since the shareholder’s investment has already been decreased by previous unfavorable performance. , the loss will be less.

Derivative Risks. Derivatives may be more sensitive to changes in market conditions and may amplify risk.

Swap Agreement Risks. The Fund utilizes swap contracts to derive exposure to the Magnificent Seven ETF. Swap agreements may involve greater risk than direct investments in securities because they may be leveraged and subject to credit, counterparty and valuation risks. Swap contracts can result in losses if the underlying reference or asset does not perform as expected. Additionally, many swaps are traded over-the-counter and may be considered illiquid. The Fund may not be able to liquidate swap positions at an advantageous time or price, which could result in significant losses.

Seven epic risks of ETFs. The Fund will have significant exposure to the Magnificent Seven ETF through investments in financial instruments that provide exposure to the Magnificent Seven ETF and the securities it owns.

Foreside Fund Services LLC: Wholesaler.

Sision View original content to download multimedia: https://www.prnewswire.com/news-releases/roundhill-investments-launches-leveragged-and-inverse-magnificent-seven-etfs-expands- magnificent-seven-fund-lineup-302074873.html

Source Roundhill Investments



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