Roundhill Ball Metaverse ETF Reduces Management Fee

Rhea-AI Summary

Roundhill Investments announced a reduction in the management fee for the Roundhill Ball Metaverse ETF (METV) from 0.75% to 0.59% of the Fund's average daily net assets, effective February 4, 2022. This change requires no action from current shareholders and aims to enhance investors' exposure to the Metaverse by aligning returns with the performance of the Ball Metaverse Index. Investors can view the full list of holdings on the Roundhill website.

Positive

• Management fee reduction from 0.75% to 0.59%, potentially increasing net returns for investors.

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• None.

NEW YORK, Feb. 7, 2022 /PRNewswire/ -- Roundhill Investments today announced that effective February 4, 2022, the management fee paid by the Roundhill Ball Metaverse ETF (the "Fund") to Roundhill Investments has been reduced from 0.75% to 0.59% of the Fund's average daily net assets.

No action is required by current shareholders of the Fund as a result of this change. The Fund will continue to offer investors exposure to the Metaverse by seeking to provide investment results that closely correspond, before fees and expenses, to the performance of the Ball Metaverse Index.

To learn more about the Fund and view a full list of holdings, please visit https://www.roundhillinvestments.com/etf/metv/.

About Roundhill Investments

Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. We create thoughtful investment products designed to help investors express their vision of the future. To learn more about the company, please visit roundhillinvestments.com.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about Roundhill ETFs please visit the website at https://www.roundhillinvestments.com/etf. Read the prospectus or summary prospectus carefully before investing.

Important Risk Information

Investing involves risk, including possible loss of principal. Metaverse Companies and other companies that rely heavily on technology are particularly vulnerable to research and development costs, substantial capital requirements, product and services obsolescence, government regulation, and domestic and international competition, including competition from foreign competitors with lower production costs. Stocks of such companies, especially smaller, less-seasoned companies, may be more volatile than the overall market. Metaverse Companies may face dramatic and unpredictable changes in growth rates. Metaverse Companies may be targets of hacking and theft of proprietary or consumer information or disruptions in service, which could have a material adverse effect on their businesses. Fund investments will be concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds.

Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.

Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Roundhill Financial Inc serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc, U.S. Bank or any of their affiliates.

 

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SOURCE Roundhill Investments

FAQ

What is the new management fee for the Roundhill Ball Metaverse ETF (METV)?

The management fee for the Roundhill Ball Metaverse ETF (METV) has been reduced from 0.75% to 0.59%.

When did the management fee change for the Roundhill Ball Metaverse ETF (METV) take effect?

The management fee reduction took effect on February 4, 2022.

Do current shareholders need to take any action regarding the management fee reduction for METV?

No action is required from current shareholders due to the management fee reduction.

How can investors learn more about the Roundhill Ball Metaverse ETF (METV)?

Investors can learn more and view the full list of holdings on the Roundhill Investments website.