Roundhill Investments

Roundhill Investments serves registered investment companies, acting as the discretionary investment adviser to a suite of exchange-traded funds (ETFs) and providing ongoing portfolio management and related advisory services to those funds. Its management fees are assessed at the fund level based on average daily net asset value and paid monthly, and the firm does not provide services to individual or wrap-fee clients.

The firm’s ETFs are generally thematic equity, income‑oriented, or leveraged strategies and are managed either to an underlying index or actively, with daily comparisons to benchmarks and daily review of actively managed accounts. Roundhill delegates day‑to‑day trade execution to a Trading Sub‑Adviser while retaining overall discretionary authority and adhering to each fund’s prospectus, offering documents, and investment guidelines.

What is distinctive about Roundhill is its exclusive focus on registered investment companies and its role in directly managing investment-company portfolios — a structure that is relatively uncommon among managers in its category. The firm also has specific governance and operational features worth noting: trading is handled via a Sub‑Adviser, staff members are licensed as registered representatives of the ETFs’ distributor, pre‑clearance and a Watch List govern personal trading (including a seven‑day blackout before portfolio rebalancing), and custody of fund assets is maintained by qualified custodians appointed by each fund’s board.