NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Roundhill
Investments, an ETF sponsor focused on offering innovative thematic
funds, is pleased to announce that META — the Roundhill
Ball Metaverse ETF — surpassed $250
million in assets under management last week. META crossed
$50 million in six weeks,
$100 million in nine, and this latest
milestone in 18 weeks.
"We see some of the world's most powerful and capable
companies focusing on the Metaverse, and rightfully so in our
opinion – it is coming and will transform our global economy and
human society at large. I'm glad so many investors see this
potential and have chosen the META ETF for exposure to what we –
and many others – believe is a multi-trillion dollar opportunity"
- said Matthew Ball, Founder of
Ball Metaverse Research Partners.
The Roundhill Ball Metaverse ETF ("META ETF") is designed to
offer investors exposure to the metaverse by providing investment
results that closely correspond, before fees and expenses, to the
performance of the Ball Metaverse Index ("BALL META Index"). The
Index is managed by Ball Metaverse Research Partners, an indexing
and research firm led by Matthew
Ball, a pioneering investor, advisor and researcher of the
metaverse. The "Metaverse" is defined as a successor to the current
internet that will be interoperable, persistent, synchronous, open
to unlimited participants with a fully functioning economy, and an
experience that spans the virtual and 'real' world.
Top holdings of META ETF include (as of November 7, 2021): Nvidia (10.2% weight),
Microsoft (7.3% weight), Roblox (6.4% weight), Meta Platforms Inc.
(6.2% weight), and Unity Software (5.0% weight).
Ball Metaverse Research Partners' Expert Council is comprised of
executives from Nvidia, Amazon's AWS and Prime Video, Match Group,
Valve, Square Enix, The New York Times,
Take-Two's Grand Theft Auto, Spotify, and Andreessen Horowitz, and
more.
To learn more about META, please visit
https://www.roundhillinvestments.com/etf/meta/.
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.
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