Roundhill Announces Changes to Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE Arca: NERD)


NEW YORK, July 25, 2022 /PRNewswire/ — Roundhill Investmentsan ETF sponsor focused on delivering innovative thematic funds, today announced several changes to its ETF Roundhill BITKRAFT Esports and Digital Entertainment (“NERD ETFs”).

Effective on or about September 23, 2022, the NERD ETF will change its underlying index and make related changes to its fund name, investment objective and primary investment strategies. Changes to the underlying index and fund name are shown below. Further information on the related changes to the investment objective and key investment strategies of the NERD ETF can be found on the Roundhill Investments website.

Current name

New name

Current index

New clue

round hill
BITKRAFT Esports
& digital
Entertainment ETFs

round hill
Video games
ETFs

round hill
BITKRAFT
Esports Index

Nasdaq CTA
Global Video
Games
Software
Index™

On or about September 23, 2022 the new name of the NERD ETF will become the Roundhill Video Games ETF. The NERD ETF’s underlying index will become the Nasdaq CTA Global Video Games Software Index™, which is designed to track the performance of publicly traded companies engaged in the publishing and/or development of video games. The Nasdaq CTA Global Video Games Software Index™ excludes companies domiciled in China Where Russia.

As an advisor to the NERD ETF, Roundhill Investments believes that a transition from esports and digital entertainment to pure gaming software will provide targeted exposure to investors looking to invest in the potential growth of video games globally. . According to Newzoo, global gaming revenue is expected to reach $219 billion by 2024, representing the greatest form of entertainment in the world.

Shareholders will not be required to take any action as a result of these changes.

About Roundhill Investments:

Roundhill Investments is a US-based investment advisor focused on developing innovative exchange-traded products. The company’s product line represents more than $1 billion of assets under management (at December 31, 2021). To learn more about the company, please visit roundhillinvestments.com.

Investors should carefully consider the investment objectives, risks, charges and expenses before investing. To obtain a prospectus or short form prospectus containing this and other information about the NERD ETF, please call 1-855-561-5728 or visit https://www.roundhillinvestments.com/etf/nerd/. Read the prospectus and simplified prospectus carefully before investing.

Investing involves risk, including possible loss of principal. Esports gaming companies face intense competition, both domestically and internationally, may have limited product lines, markets, financial resources or personnel, may have products that face obsolescence fast and highly dependent on the protection of patents and intellectual property rights. Such factors can negatively affect the profitability and value of video game companies. Investments in small and mid capitalization companies may be more volatile and less liquid due to limited resources or product lines that are more sensitive to economic factors. The Fund’s investments will be concentrated in one industry or group of industries, and the value of the Fund’s shares may rise and fall more than that of more diversified funds. Foreign investment involves social and political instability, market illiquidity, fluctuating exchange rates, high volatility and limited regulatory risks. Emerging markets carry different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Certificates of deposit involve risks similar to those associated with investments in foreign securities, but may not provide a return exactly matching that of the underlying shares. Please see the prospectus for more details on these and other risks.

Roundhill Financial Inc. (d/b/a Roundhill Investments) acts as the investment advisor to the NERD ETF and the other Roundhill ETFs (collectively, the “Roundhill Funds”). Roundhill funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc, US Bank or any of their affiliates.

SOURCERoundhill Investments

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