Overview
Description
The Roundhill Magnificent Seven Fund is an exchange-traded fund (ETF) designed to provide investors with targeted exposure to a select group of technology giants that drive significant influence in the tech industry and broader market. This ETF focuses on the 'Magnificent Seven,' a term often used to describe seven leading technology companies known for their innovation, market leadership, and contribution to global digital transformation. The fund invests primarily in large-cap tech stocks, delivering an efficient means for investors to access and track the performance of these pivotal companies in a single investment vehicle.
As technology remains at the forefront of global economic growth and development, the Roundhill Magnificent Seven Fund plays a crucial role in providing exposure to this sector's potential upside. It influences subsectors such as artificial intelligence, cloud computing, and consumer electronics. By concentrating on a handful of influential players, this ETF helps investors align their portfolios with major technological advancements and shifts. Additionally, its structure as an ETF offers liquidity and transparency, making it accessible to a wide range of investors who are keen on participating in the ongoing technological evolution.
About
Instrument type
ETF
Country
United States
MIC code
XNMS