ETF overview
The manager seeks to achieve its investment objectives through a covered call strategy, pursuant to which the fund purchases shares of the Roundhill Magnificent Seven ETF (the “MAGS ETF”) and simultaneously sells out-of-the-money call options that utilize the MAGS ETF as the reference asset (“MAGS ETF Call Options”), providing for current income on a weekly basis. The fund is non-diversified.
Fund facts
- Expense ratio
- 1.19%
- Fund assets
- 96.47M USD (all share classes)
- Issuer
- Roundhill Investments
- Inception date
- Apr 23, 2025
- Number of holdings
- 3
Breakdown
Holdings (3)
| Name | Ticker | Weight |
|---|---|---|
| Roundhill Magnificent Seven ETF | MAGS | 100.02% |
| First American Government Obligations Fund 12/01/2031 | FGXXX | 0.28% |
| MAGS 10/23/2026 73.11 C | -0.48% |
Historical returns do not guarantee future returns. This is not investment advice.
Roundhill Magnificent Seven Covered Call ETF (MAGY)
- Expense ratio
- 1.19%
- Fund assets
- 96.47M USD (all share classes)
- Issuer
- Roundhill Investments
- Inception date
- Apr 23, 2025
- Number of holdings
- 3
| Name | Ticker | Weight |
|---|---|---|
| Roundhill Magnificent Seven ETF | MAGS | 100.02% |
| First American Government Obligations Fund 12/01/2031 | FGXXX | 0.28% |
| MAGS 10/23/2026 73.11 C | -0.48% |
The manager seeks to achieve its investment objectives through a covered call strategy, pursuant to which the fund purchases shares of the Roundhill Magnificent Seven ETF (the “MAGS ETF”) and simultaneously sells out-of-the-money call options that utilize the MAGS ETF as the reference asset (“MAGS ETF Call Options”), providing for current income on a weekly basis. The fund is non-diversified.
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