Investments

Roundhill Investments and IOD Launch ETF, BYTE

On Thursday, Roundhill Investments the Roundhill IO Digital Infrastructure ETF (BYTE). BYTE seeks to offer traders with publicity to the potential progress alternatives of the digital infrastructure sector.

Digital infrastructure is comprised of the high-tech bodily belongings that assist the environment friendly storage and transmission of knowledge that powers the web. These belongings might embody fixed-line, high-speed information transmission know-how and {hardware} (akin to fiber optic cable and sure “last-mile” applied sciences that carry information to and from the end-user), information facilities, cellular towers and associated infrastructure, and different long-lived bodily infrastructure belongings.

BYTE is designed to supply traders publicity to digital infrastructure by monitoring, earlier than charges and bills, the efficiency of the IO Digital Infrastructure Index. The index is managed by IO Digital Index Companions, a newly-formed indexing and analysis agency led by seasoned traders and repeat founders of main non-public funding companies.

“We now have the elemental perception that digital infrastructure belongings are the information highways of the fashionable world, underpinning the hopes and desires for our future. Anytime you’re employed remotely, stream a film, use social media, use the cloud, sport on-line, or just open a cellular app, you might be counting on digital infrastructure to offer an ideal expertise. We couldn’t be extra excited to associate with Roundhill to carry entry to those world-class companies to traders all over the place,” stated IO Digital Index Companions.

BYTE holdings as of October 27, 2021 embody cellular tower corporations (like American Tower, at a 5.8% weight), broadband suppliers (like Altice USA, at a 5.3% weight), and information heart corporations (like Equinix, at a 2.7% weight).

“We imagine digital infrastructure is the spine underpinning the expansion of the patron web globally. Whether or not you’re taking part in Roblox, internet hosting a convention name on Zoom, or buying and selling cryptocurrency, you might be counting on the bodily infrastructure belongings that allow high-speed information transmission. With BYTE, we’re looking for to offer retail and institutional traders a automobile to spend money on the potential progress of the web whereas providing the potential for the soundness and money move profile of exhausting belongings.” stated Will Hershey, CEO and co-founder of Roundhill Investments.

For extra info on BYTE and a full checklist of holdings, go to www.roundhillinvestments.com/etf/byte/.

For extra information, info, and technique, go to ETF Tendencies.

About Roundhill Investments:

Roundhill Investments is a registered funding adviser targeted on creating revolutionary monetary merchandise designed to supply publicity to funding themes that attraction to the following era of traders. To be taught extra concerning the firm, please go to roundhillinvestments.com.

About IO Digital Index Companions:

IO Digital Index Companions (IOD) seeks to broaden entry to corporations that capitalize on the secular progress of the Web of Every part. As society’s demand for quick, safe, ubiquitous connectivity grows, the chance to capitalize on that demand grows with it. IOD’s IO Digital Infrastructure Index (BYTE Index) is the main benchmark for measuring the efficiency of digital infrastructure companies all over the world.

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