Roundhill Investments is a U.S.-based investment adviser focused on developing innovative exchange-traded products. The firm’s product lineup currently accounts for more than $1 billion in assets under management. To learn more about the company, please visit roundhillinvestments.com.
Roundhill Ball Metaverse UCITS ETF (METV)
The Roundhill Ball Metaverse UCITS ETF aims to offer investors exposure to the Metaverse* by tracking, before fees and expenses, the performance of the Ball Metaverse Index (BALLMETA Index). According to TD Ameritrade (2/15/2022), the Roundhill Ball Metaverse ETF (NYSE Arca: METV), which also tracks the BALLMETA Index, was the largest sector ETF launched in the U.S. in 2021, amassing $885 million in assets.
The Metaverse is broadly understood as a successor-state to today’s mobile Internet, but which will involve countless interoperable and persistent virtual worlds, be richly integrated into the physical world as well, thereby creating a new medium and economy for work, leisure, and innovation. Morgan Stanley and Goldman Sachs have estimated that the Metaverse economy will be worth roughly $8 trillion. Jensen Huang, founder and CEO of Nvidia, has said he believes the Metaverse economy will eventually exceed that of the physical world.
At an expense ratio of 0.59%, the Roundhill Ball Metaverse UCITS ETF (METV) is the lowest-cost European exchange-traded product focused on the rapidly-growing Metaverse theme.
The Fund’s underlying index is managed by Ball Metaverse Research Partners, an indexing and research firm led by Matthew Ball, a seasoned investor, advisor, and researcher of the Metaverse. The Index spans Metaverse companies across seven categories, including: compute, networking, virtual platforms, interchange standards, payments, content, and hardware. Notable holdings include Meta Platforms, Roblox, Unity, and Nvidia.
*There is no guarantee that the investment objective will be reached. Past performance does not predict future returns. Disclaimer: Prospectuses and Key Investor Information Documents (KIIDs) for this ETF are available at www.carnegroup.com/roundhill. You can as well access a summary in English of your investor rights (including your rights for common actions for litigation) at: www.carnegroup.com/roundhill. This information is not intended to be individual or personalized investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.
Investing involves risks, including the possible loss of principal. Before making any investment decisions, investors must read the prospectus and more particularly the risks and costs sections Information provided by Roundhill Financial Inc. (Roundhill Investments or Roundhill).