Company Description
Roundhill Video Games ETF (Ticker: NERD) is an exchange-traded fund (ETF) managed by Roundhill Investments, a prominent investment adviser known for innovative financial products. NERD is designed to provide exposure to the global video game industry, encompassing game developers, console and accessory producers, and eSports organizations. As of November 27, 2023, NERD has been transferred from NYSE Arca to Nasdaq, as announced by Roundhill Investments. This change does not require any action by shareholders and is not expected to impact the trading of the fund's shares.
Core Business: NERD focuses on investing in companies within the video game sector. This includes large-cap and mid-cap companies that are leading the way in game development, hardware production, and eSports. The fund's objective is to provide investors with a diversified portfolio that captures the growth and innovation within the video game industry.
Financial Condition and Achievements: The ETF has shown resilience and growth by adapting its listing to Nasdaq, aiming to leverage the enhanced liquidity and market visibility that Nasdaq offers. Investors are encouraged to review the prospectus and summary prospectus available on Roundhill's website to understand the risks, charges, and expenses before investing. NERD is particularly attractive to investors looking to capitalize on trends within the gaming industry, which has seen significant growth and innovation.
Current Projects and Partnerships: Roundhill Investments continuously works on enhancing the ETF's portfolio by identifying and investing in high-potential gaming companies. The ETF's transfer to Nasdaq is part of its strategic efforts to optimize performance and market access. Roundhill's partnership with Nasdaq ensures that NERD is benchmarked against the Nasdaq CTA Global Video Games Software Index™, providing exposure to a broad range of companies within the gaming industry.
Risk Factors: Investing in NERD involves risks typical of the video game industry, including intense competition, rapid product obsolescence, and dependency on intellectual property rights. The ETF also involves risks associated with foreign investments and small to mid-cap companies, which can be more volatile and less liquid. Potential investors are advised to read the prospectus carefully and understand the associated risks.
For more detailed information, please visit the official NERD ETF page on Roundhill Investments' website.
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No SEC filings available for Roundhill Video Games ETF.