| Investment Objective: |
The Roundhill Innovation-100 0DTE Covered Call Strategy ETF is the first ETF to utilize zero days to expiry ("0DTE") options on the Nasdaq-100. QDTE seeks to provide overnight exposure to the Nasdaq-100 and generate income each morning by selling out-of-the-money 0DTE calls on the Index. QDTE is an actively-managed ETF. The Fund seeks to achieve its investment objectives through the use of a synthetic covered call strategy that provides current income on a weekly basis, while also providing exposure to the price return of the Nasdaq-100 Index (the "N-100 Index"). In effectuating its investment strategy, the Fund will purchase and sell a combination of call option contracts that utilize the N-100 Index as the reference asset. The Fund's sold call options will generally have zero days to expiration, known as "0DTE" options, when sold by the Fund. At market open, or shortly thereafter, on every business day, the Fund generally sells out-of-the money 0DTE call options on the N-100 Index that will expire at the end of the day. |
