| Investment Objective: |
The Fund seeks daily investment results, before fees and expenses, of two times (200%) the daily percentage change in the share price of the Roundhill Memory ETF (Cboe BZX: DRAM). The Fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The Fund may enter into swap agreements as a substitute for directly shorting the Underlying Security. The Fund will primarily employ short-dated (a month or less) in-the-money call options. DRAM is an actively managed exchange-traded fund. Under normal circumstances, DRAM invests primarily in equity securities or derivative instruments that provide exposure to Memory Companies. DRAM defines Memory Companies as those principally engaged in the development or manufacturing of semiconductor memory products, including: high bandwidth memory (HBM) technology; dynamic random-access memory (DRAM) technology; NAND (Not And) flash memory or solid state drive (SSD) technologies that utilize NAND flash; NOR (Nor Or) flash technology; Hard Disk Drives (HDD) or specificality and embedded memory products. |
