Roundhill S&P 500® Target 10 Managed Distribution ETF (TPAY)

Overview

The fund operates within the financial technology sector, focusing primarily on investments in Digital Payments Companies. It aims to provide investors with exposure to the burgeoning digital payments industry, which has seen rapid growth and innovation in recent years. To achieve its investment objective, the fund commits at least 80% of its net assets to equities of companies involved in digital payments. These companies are selected based on the criteria set by a proprietary rules-based, modified market capitalization weighted, float adjusted index. This index is meticulously designed to capture the performance of digital payments companies listed on developed country exchanges, thereby ensuring that the fund's portfolio represents a broad spectrum of the digital payments landscape.

Products and Services

The fund offers a singular investment product that is outlined below:

• Digital Payments Equity Investment

  This product is the core offering of the fund, where the majority of the fund's assets are allocated. Investors who choose this product gain exposure to a diversified portfolio of equity securities belonging to companies in the digital payments sector. The selection of these securities is guided by the fund's underlying index, which employs a proprietary methodology to identify companies with significant contributions to, or benefits from, digital payments technologies. This method ensures a diversified investment in terms of geography and market capitalization, encompassing a range of companies from established leaders to emerging players in the digital payments industry.