NEW YORK, Oct. 28, 2021 /PRNewswire/ -- Roundhill
Investments ("Roundhill") has launched the Roundhill IO Digital
Infrastructure ETF ("BYTE ETF"). The BYTE ETF seeks
to provide investors with exposure to the potential growth
opportunities of the digital infrastructure sector.
Digital infrastructure is comprised of the high-tech physical
assets that support the efficient storage and transmission of data,
powering the internet. These assets may include fixed-line,
high-speed data transmission technology and hardware (such as fiber
optic cable and certain "last-mile" technologies that bring data to
and from the end-user); data centers; mobile towers and related
infrastructure; and other long-lived physical infrastructure
assets.
The Roundhill IO Digital Infrastructure ETF ("BYTE ETF")
is designed to offer investors exposure to digital infrastructure
by tracking, before fees and expenses, the performance of the IO
Digital Infrastructure Index ("BYTE Index"). The
Index is managed by IO Digital Index Partners, a
newly-formed indexing and research firm led by seasoned investors
and repeat founders of leading private investment firms.
"We have the fundamental belief that digital infrastructure
assets are the data highways of the modern world, underpinning the
hopes and dreams for our future. Anytime you work remotely, stream
a movie, use social media, use the cloud, game online, or simply
open a mobile app, you are relying on digital infrastructure to
provide a perfect experience. We couldn't be more excited to
partner with Roundhill to bring access to these world class
businesses to investors everywhere," said IO Digital Index
Partners.
BYTE ETF holdings (as of October 27,
2021) include mobile tower companies, like American
Tower (5.8% weight), broadband providers, like
Altice USA (5.3%
weight), and data center companies, like Equinix
(2.7% weight).
"We believe digital infrastructure is the backbone underpinning
the growth of the consumer internet globally. Whether you're
playing Roblox, hosting a conference call on Zoom, or trading
cryptocurrency, you are relying on the physical infrastructure
assets that enable high-speed data transmission. With BYTE, we are
seeking to provide retail and institutional investors a vehicle to
invest in the potential growth of the internet, while offering the
potential for the stability and cash flow profile of hard assets."
- Will Hershey, CEO and co-founder
at Roundhill Investments.
For more information on BYTE ETF and a full list of holdings
please visit ->
https://www.roundhillinvestments.com/etf/byte/.
About Roundhill Investments:
Roundhill Investments is a registered investment adviser focused
on developing innovative financial products designed to offer
exposure to investment themes that appeal to the next generation of
investors. To learn more about the company, please visit
roundhillinvestments.com.
About IO Digital Index Partners:
IO Digital Index Partners (IOD) seeks to broaden access to
companies that capitalize on the secular growth of the Internet of
Everything. As society's demand for fast, secure, ubiquitous
connectivity grows, the opportunity to capitalize on that demand
grows with it. IOD's IO Digital Infrastructure Index (BYTE Index)
is the leading benchmark for measuring the performance of digital
infrastructure businesses around the world.
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 the
BYTE ETF please call 1-855-561-5728 or visit the website
https://www.roundhillinvestments.com/etf/byte/. Read the prospectus
and summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
Digital Infrastructure Companies are exposed to the risks
specific to the real estate market as well as the risks that relate
specifically to the way in which Digital Infrastructure Companies
are utilized and operated. Digital Infrastructure Companies may be
affected by unique supply and demand factors that do not apply to
other real estate sectors, such as changes in demand for
communications infrastructure, consolidation of tower sites, and
new technologies that may affect demand for data centers. Digital
Infrastructure Companies are also subject to a variety of factors
that may adversely affect their business or operations including
high interest costs, costs associated with compliance with and
changes in environmental and other regulations, difficulty in
raising capital in adequate amounts on reasonable terms in periods
of high inflation and unsettled markets, the effects of surplus
capacity, increased competition from other providers of services,
the effects of energy conservation policies, and other factors.
Investments made in small and mid-capitalization companies
may be more volatile and less liquid due to limited resources or
product lines and more sensitive to economic factors. Fund
investments will be concentrated in an industry or group of
industries, and the value of Fund shares may be more risky and fall
more than 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. Depository Receipts involve risks similar to those
associated investments in foreign securities but may not provide a
return that corresponds precisely with that of the underlying
shares.
As an ETF, the fund may trade at a premium or discount to NAV.
Shares of any ETF are bought and sold at market price (not NAV) and
are not individually redeemed from the Fund. Due to the costs of
buying or selling Shares, including brokerage commissions imposed
by brokers and bid/ask spreads, frequent trading of Shares may
significantly reduce investment results and an investment in Shares
may not be advisable for investors who anticipate regularly making
small investments. The Fund is not actively managed and its
Sub-Adviser would not sell shares of an equity security due to
current or projected underperformance of a security industry or
sector unless that security is removed from the Index or the
selling of shares of that security is otherwise required upon a
rebalancing of the Index as addressed in the Index methodology. The
composition of the Index is heavily dependent on proprietary
quantitative models as well as information and data supplied by
third parties. When Models and Data prove to be incorrect or
incomplete, any decisions made in reliance thereon may lead to the
inclusion or exclusion of securities from the Index universe that
would have been excluded or included had the Models and Data been
correct and complete. If the composition of the Index reflects such
errors, the Fund's portfolio can be expected to also reflect the
errors. The Fund is a recently organized investment company with no
operating history. Please see the prospectus for details of these
and other risks.
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 the
companies or individuals referenced herein.
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SOURCE Roundhill Investments