Roundhill Investments has announced the launch of its Roundhill BIG Tech ETF (BIGT) on NASDAQ. The ETF aims to provide investors with a concentrated and cost-effective way to gain exposure to the largest and most influential US technology stocks, known as “FAAMG”. The fund will use an equal-weighting strategy with quarterly rebalancing and annual reconstitution. The gross expense ratio is set at 0.29%, making it an attractive option for investors looking for targeted exposure to the FAAMG stocks.
ETF Newz Says:
Roundhill plans to introduce additional funds to its suite of BIG ETFs in the near future.