NEW YORK, March 17, 2021 /PRNewswire/ -- Roundhill
Investments has launched the Roundhill MVP ETF (NYSE: MVP),
the first ETF designed to invest in professional sports teams and
leagues. Following the launch of MVP, the firm will have a suite of
five ETFs with a combined AUM of over $650
million.
Roundhill co-founder Will Hershey
commented: "We are excited about the launch of MVP, which will
allow everyday investors to own stakes in sports teams they know
and love. The professional sports industry had a difficult year in
2020, but we are confident that a successful vaccine rollout will
bring fans back to stadiums worldwide."
MVP holdings consist of professional sports teams (New York
Knicks, New York Rangers, Atlanta Braves, Manchester United (NYSE:
MANU), Juventus, Borussia Dortmund, AS Roma), professional
sports leagues (Formula One and WWE), and companies within
the sports media and sports apparel sectors (Nike, Puma, Adidas,
and MSG Networks).
"Professional sports teams and leagues are premium, scarce
assets that have a strong record of value appreciation. With the
launch of MVP, we are enthusiastic about the opportunity to provide
investors with the ability to invest in this asset class. Everyone
has the opportunity to be an owner with MVP," said Joe Pompliano, MVP ETF partner and founder of
sports business media brand Huddle Up.
The launch of MVP follows the successful launches of
BETZ - The Sports Betting ETF, NERD - The Esports
ETF, and SUBZ - The Streaming ETF. To learn more about
MVP ETF and for the full list of holdings, please visit
https://www.roundhillinvestments.com/etf/mvp.
About Roundhill Investments
Roundhill Investments is a registered investment adviser and ETF
sponsor focused on thematic and sector-specific investing. We
create thoughtful investment products designed to help investors
express their vision of the future. To learn more about the
company, please visit roundhillinvestments.com.
Investing involves risk including possible loss of
principal. Professional Sports, Media, and Apparel Company
Risks. The success of Apparel companies
depends heavily on disposable household income and consumer
spending, and changes in demographics and consumer preferences can
affect the success of apparel companies.
Market or economic factors impacting Media companies
which rely heavily on technological advances are particularly
vulnerable to research and development costs, substantial capital
requirements, product and services obsolescence, government
regulation, and domestic and international competition, including
competition from foreign competitors with lower production
costs.
Professional sports teams are dependent upon the
performance and/or popularity of their franchises and compete, in
varying respects and degrees, with other sporting events. In
addition, professional sports teams are largely dependent on their
ability to attract strong attendance to their professional sports
franchises' home games and compete, in certain respects and to
varying degrees, with other leisure-time activities and
entertainment. Economic downturns and other adverse conditions,
including the current economic downturn and conditions caused by
the ongoing COVID-19 pandemic, such as suspension of sports events
or limitations on in-person attendance at such events, can
negatively affect their operations. Professional sports companies
are also dependent upon their ability to develop, obtain and retain
talented players as well as the on-field success of their teams and
injuries to players also pose risk.
SPACs Investment Risk. The Fund may invest in equity
securities of SPACs, which raise assets to seek potential
acquisition opportunities. SPACs have no operating history or
ongoing business other than seeking acquisitions, and their value
is largely dependent on the identification and completion of
profitable acquisitions, of which there is no guarantee.
Investors should consider the investment objectives, risks,
charges and expenses carefully before investing. For a prospectus
or summary prospectus with this and other information about the MVP
ETF please call 1- 855-561-5728 or visit the website at
https://www.roundhillinvestments.com/etf/mvp. Read the
prospectus or summary prospectus carefully before
investing.
Distributed by Foreside Fund Services, LLC.
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SOURCE Roundhill Investments