MAGS is the first and only U.S. listed ETF
offering targeted exposure to the "Magnificent Seven"
stocks.
NEW
YORK, Nov. 12, 2024 /PRNewswire/ -- Roundhill
Investments, an ETF sponsor focused on innovative financial
products, is pleased to announce that the Roundhill Magnificent
Seven ETF (MAGS) has surpassed $1
billion in assets under management (AUM).1 MAGS
is the only U.S. ETF offering precise exposure to the Magnificent
Seven stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia,
and Tesla.
The Magnificent Seven stocks have outperformed due to their
strong market leadership, continued innovation in emerging
technologies like AI, and robust financial performance. While the
Magnificent Seven are large weights in many exchange-traded funds,
MAGS is the only ETF to exclusively invest in the seven market
leaders.
Total
Return Comparison
|
Year-to-Date
|
1-Year
|
MAGS ETF NAV
|
54.57 %
|
65.54 %
|
MAGS ETF Market
Price
|
54.20 %
|
66.30 %
|
S&P 500
Index
|
26.65 %
|
38.37 %
|
Nasdaq-100 Index
|
26.24 %
|
39.10 %
|
As of
11/7/2024.
|
MAGS Standardized Performance
|
1-Year
|
Since
MAGS Inception*
|
MAGS NAV
|
60.90 %
|
56.34 %
|
MAGS
Market Price
|
60.81 %
|
56.40 %
|
As of
9/30/2024.
|
*MAGS inception date of April 11,
2023
Performance for periods greater than one year shown
annualized. The performance data quoted represents past
performance. Past performance does not guarantee future results.
Current performance may be lower or higher than the performance
data quoted. The investment return and principal value of an
investment will fluctuate so that an investor's shares, when sold
or redeemed, may be worth more or less than the original cost.
Returns less than one year are not annualized. For the most recent
month-end performance, please call (855) 561-5728. You cannot
invest directly in and index. Shares are bought and sold at market
price (closing price), not net asset value (NAV), and are not
individually redeemed from the Fund. Market performance is
determined using the bid/ask midpoint at 4:00pm Eastern Time when the NAV is typically
calculated. Brokerage commissions will reduce returns. Short-term
performance, in particular, is not a good indication of the fund's
future performance, and an investment should not be made based
solely on returns.
1 Source: Bloomberg as of November 12, 2024.
About Roundhill Investments:
Founded in 2018, Roundhill Investments is an SEC-registered
investment advisor focused on innovative exchange-traded funds.
Roundhill's suite of ETFs offers distinct and differentiated
exposures across thematic equity, options income, and trading
vehicles. Roundhill offers a depth of ETF knowledge and experience,
as the team has collectively launched more than 100+ ETFs including
several first-to-market products. To learn more about the company,
please visit roundhillinvestments.com.
Investors should consider the investment objectives, risk,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about
Roundhill ETFs please call 1-855-561-5728 or visit the website at
www.roundhillinvestments.com/etf/MAGS. Read the prospectus or
summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
The Fund expects to have concentrated (i.e., invest more than 25%
of its net assets) investment exposure in one or more of the
Technology Industries at any given time, which may vary over time.
Further, the Fund expects to obtain such investment exposure by
transacting primarily with a limited number of financial
intermediaries conducting business in the same industry or group of
related industries. As a result, the Fund is more vulnerable to
adverse market, economic, regulatory, political or other
developments affecting those industries or groups of related
industries than a fund that invests its assets in a more
diversified manner. The value of stocks of information technology
companies and companies that rely heavily on technology is
particularly vulnerable to rapid changes in technology product
cycles. Please see the summary and full prospectuses for a more
complete description of these and other risks of the Fund.
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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/roundhill-magnificent-seven-etf-surpasses-1-billion-in-aum-302302823.html
SOURCE Roundhill Investments