NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced plans to close and liquidate the following ETFs:
Fund Name |
Ticker |
CUSIP |
Roundhill Alerian LNG ETF |
LNGG |
53656G423 |
Roundhill S&P® Global Luxury ETF |
LUXX |
53656G431 |
Roundhill S&P® Dividend Monarchs ETF |
KNGS |
77926X106 |
Roundhill Daily Inverse Magnificent Seven ETF |
MAGQ |
77926X809 |
Based on the recommendation of Roundhill Financial Inc. (the "Adviser"), the Board of Trustees for Listed Funds Trust and Roundhill ETF Trust determined it would be in the best interests of the Funds and their shareholders to liquidate each of the Funds. Shares of the Funds will cease trading on the listing exchange following the market close on November 27, 2024. Proceeds of the liquidation are currently scheduled to be sent to shareholders on November 29, 2024. Roundhill Investments, the adviser to the Funds, will bear all fees and expenses that may be incurred in connection with the liquidation of the Funds and the distribution of cash proceeds to investors, other than brokerage fees and other related expenses.
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/. Read the prospectus or summary prospectus carefully before investing.
These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Funds investments may be non-diversified, meaning its assets may be concentrated in fewer individual holdings than a diversified fund and, therefore, more exposed to individual stock volatility than diversified funds. Investments in foreign securities 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 develop 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. All investing involves risk, including possible loss of principal. Please see the prospectus for specific risks related to each fund.
NERD, BETZ, METV, DEEP, WEED, CHAT, MAGS, LUXX, LNGG, KNGS, YBTC, MAGQ, MAGX, QDTE, XDTE, OZEM, YETH, RDTE and DRAG are distributed by Foreside Fund Services, LLC. DEEP is distributed by Quasar Distributors, LLC.
SOURCE Roundhill Investments
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