BYTE Profile
BYTE
(Roundhill BITKRAFT Esports & Digital Entertainment ETF) is an
exchange-traded fund (ETF) that seeks to provide investors with
exposure to companies that are involved in the digital entertainment
and esports industries. The ETF is managed by Roundhill Investments,
an investment management firm that specializes in thematic ETFs.
As a digital entertainment and esports ETF, BYTE invests primarily
in companies that are involved in the development, publishing, and
distribution of digital entertainment and esports content. The ETF
seeks to track the performance of the Roundhill BITKRAFT Esports
Index, which is a benchmark that tracks the performance of companies
that are leading the way in the esports and digital entertainment
industries.
As of Seprtember 2021, the BYTE ETF had total net
assets of around $100 million and was invested in a diversified
portfolio of digital entertainment and esports companies. The fund's
holdings are managed by the investment professionals at Roundhill
Investments, who have extensive experience in managing thematic ETFs.
In terms of performance, BYTE has delivered strong returns since
its inception, reflecting the growth potential of the digital
entertainment and esports industries. The ETF's focus on companies
that are leading the way in these industries may make it a suitable
option for investors who are seeking exposure to this emerging area of
the technology industry.
Investors should keep in mind that
like all investments, BYTE carries risks, including the risk that
companies in the portfolio may experience declines in their financial
performance or face regulatory or market challenges. Additionally, the
ETF charges a relatively high expense ratio of 0.75%, which is in line
with the average expense ratio for thematic ETFs. Investors should
carefully consider their investment objectives and risk tolerance
before investing in BYTE or any other th
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