Connect with us

Technology

Roundhill Investments Announces YBTC, YETH, KNGS Distributions

Published

on

NEW YORK, Sept. 26, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, announced the following ETF distributions.

Monthly Distributions

Fund Name

Ticker

Distribution Rate*

Distribution
Per Share

30-Day SEC
Yield**

Ex-Date

Pay Date

Roundhill Bitcoin
Covered Call
Strategy ETF

YBTC

58.14 %

$2.110319

4.52 %

9/27/24

9/30/24

Roundhill Ether
Covered Call
Strategy ETF

YETH

N/A

$3.854488

N/A

9/27/24

9/30/24

Quarterly Distributions

Fund Name

Ticker

Distribution Rate*

Distribution
Per Share

30-Day SEC
 Yield**

Ex-Date

Pay Date

Roundhill S&P®
Dividend Monarchs
ETF

KNGS

2.74 %

$0.202370

2.43 %

9/27/24

9/30/24

The Distribution Rate* (as of 9/23/2024) and the 30-Day SEC Yield** (as of 8/31/24) for the Roundhill Bitcoin Covered Call Strategy ETF are 58.14% and 4.52%, respectively.

The Distribution Rate* (as of 9/23/2024) and the 30-Day SEC Yield** (as of 8/31/24) for the Roundhill S&P® Dividend Monarchs ETF are 2.74% and 2.43%, respectively.

The Distribution Rate* and the 30-Day SEC Yield** for the Roundhill Ether Covered Call Strategy ETF were not yet available.

The Gross Expense Ratio for YBTC and YETH is 0.95%, KNGS is 0.35%.

The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent standardized and month-end performance, please click here: YBTC, YETH, KNGS.

The Funds currently expect, but do not guarantee, to make distributions on a monthly basis. Distributions may exceed the Funds’ income and gains for the Funds’ taxable year. Distributions in excess of the Funds’ current and accumulated earnings and profits will be treated as a return of capital. Distribution rates caused by unusually favorable market conditions may not be sustainable. Such conditions might not continue to exist and there should be no expectation that this performance will be repeated in the future. Please see the Supplemental Tax Information section of the webpage for more information on the distribution composition including the estimated return of capital.

*Distribution Rate: The annual rate an investor would receive if the most recent fund distribution remained the same going forward. The rate represents a single distribution from the fund and does not represent total return of the fund. The distribution rate is calculated by annualizing the most recent distribution and dividing by the most recent fund NAV.

**30-Day SEC Yield: Yield calculation that reflects the dividends and interest earned during the period after the deduction of the fund’s expenses. It is also referred to as the “standardized yield”.

About Roundhill Investments:

Founded in 2018, Roundhill Investments is an SEC-registered investment advisor focused on innovative exchange-traded funds. Roundhill’s suite of ETFs offers distinct and differentiated exposures across thematic equity, options income, and trading vehicles. Roundhill offers a depth of ETF knowledge and experience, as the team has collectively launched more than 100+ ETFs including several first-to-market products. To learn more about the company, please visit roundhillinvestments.com.

This material must be preceded or accompanied by a prospectus.

Click here for the YBTC prospectus.
Click here for the YETH prospectus. 
Click here for the KNGS prospectus.

All investing involves risk, including the risk of loss of principal. There is no guarantee the investment strategy will be successful. The funds faces numerous risks, including options risk, liquidity risk, market risk, cost of futures investment risk, clearing broker risk, commodity regulatory risk, futures contract risk, active management risk, active market risk, clearing broker risk, credit risk, derivatives risk, legislation and litigation risk, operational risk, trading issues risk, valuation risk and non-diversification risk. For a detailed list of fund risks see the prospectus.

Covered Call Strategy Risk. A covered call strategy involves writing (selling) covered call options in return for the receipt of premiums. The seller of the option gives up the opportunity to benefit from price increases in the underlying instrument above the exercise price of the options, but continues to bear the risk of underlying instrument price declines. The premiums received from the options may not be sufficient to offset any losses sustained from underlying instrument price declines, over time. As a result, the risks associated with writing covered call options may be similar to the risks associated with writing put options. Exchanges may suspend the trading of options during periods of abnormal market volatility. Suspension of trading may mean that an option seller is unable to sell options at a time that may be desirable or advantageous to do.

YBTC
Bitcoin Futures ETF Risks. The Fund will have significant exposure to the Bitcoin Futures ETF through its options positions that utilize the Bitcoin Futures ETF as the reference asset. Accordingly, the Fund will subject to the risks of the Bitcoin Futures ETF, set forth below.

Bitcoin Risk. Bitcoin is a relatively new innovation and the market for bitcoin is subject to rapid price swings, changes and uncertainty. The further development of the Bitcoin network and the acceptance and use of bitcoin are subject to a variety of factors that are difficult to evaluate. The slowing, stopping or reversing of the development of the Bitcoin network or the acceptance of bitcoin may adversely affect the price of bitcoin. Bitcoin is subject to the risk of fraud, theft, manipulation or security failures, operational or other problems that impact the digital asset trading venues on which bitcoin trades. The Bitcoin blockchain may contain flaws that can be exploited by hackers. A significant portion of bitcoin is held by a small number of holders sometimes referred to as “whales.” Transactions of these holders may influence the price of bitcoin.

Digital Asset Industry Risk. The digital asset industry is a new, speculative, and still-developing industry that faces many risks. In this emerging environment, events that are not directly related to the security or utility of the Ethereum blockchain or the Bitcoin blockchain can nonetheless precipitate a significant decline in the price of ether and bitcoin.

Digital Asset Regulatory Risk. Digital asset markets in the U.S. exist in a state of regulatory uncertainty, and adverse legislative or regulatory developments could significantly harm the value of bitcoin futures contracts or the Bitcoin Futures ETF’s share, such as by banning, restricting or imposing onerous conditions or prohibitions on the use of bitcoin, mining activity, digital wallets, the provision of services related to trading and custodying digital assets, the operation of the Bitcoin network, or the digital asset markets generally. Such occurrences could also impair the Bitcoin Futures ETF’s ability to meet its investment objective pursuant to its investment strategy.

New Fund Risk. The fund is new and has a limited operating history.

Roundhill Financial Inc. serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc., U.S. Bank, or any of their affiliates.

View original content to download multimedia:https://www.prnewswire.com/news-releases/roundhill-investments-announces-ybtc-yeth-kngs-distributions-302258978.html

SOURCE Roundhill Investments

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

SquareX Presents Industry-First Browser Detection Response Solution at GovWare 2024 — A Must-See for Cybersecurity Leaders

Published

on

By

SINGAPORE, Oct. 7, 2024 /PRNewswire/ — SquareX, the browser security company who is redefining enterprise browser security, is gearing up for GovWare 2024, happening from 15-17 October. With its industry-first Browser Detection and Response (BDR) solution, SquareX is tackling client-side web attacks directly inside the browser and promises to reveal the future of browser security to visitors.

Undeniably, the web browser is the most used application within the enterprise but also the least protected. Bad actors are on the rise and are always targeting the weakest link: employees and consultants. Unfortunately, most of these attacks happen online when the employee or consultant is going about his daily work and SquareX’s BDR technology is the only solution that focuses entirely on client-side web attacks, happening in real time against enterprise users.

Major enterprises trust and implement Secure Web Gateways in their organizations, but SquareX’s research challenges this status quo by shedding light on an attack class called Last Mile Reassembly Attacks. These attacks can bypass every SWG in the Gartner Magic Quadrant for Secure Access Security Edge (SASE) and Secure Security Edge (SSE), and unequivocally disputes the effectiveness of traditional SWGs’ performance. Enterprises and vendors can test their posture against these attacks on the website that SquareX has put out – browser.security.

SquareX’s solution is able to stop client-side attacks missed by traditional security solutions such as Last Mile Reassembly Attacks, Malicious QR Codes, Browser-in-the-Browser (BitB) Phishing, Macro-Based Malware and other browser-based attacks.

“Today, the browser is always the initial access point for web attacks,” says Vivek Ramachandran, Founder and CEO of SquareX. “SquareX’s technology stops these attacks in their tracks—in the browser itself, in real-time against complex client-side threats—without ever compromising employees’ security and productivity.”

“At GovWare 2024, we’re showcasing how SquareX fills the critical gaps left by traditional SWGs, and through its Browser Detection and Response solution, delivers an unprecedented level of protection for enterprises.” concludes Vivek Ramachandran. SquareX invites CISOs, CTOs, Heads of Security, cybersecurity professionals and even SWG vendors themselves to visit them at Booth B20 at GovWare 2024 for a live demonstration of SquareX’s solution. The team will also be showing live demos of SWG bypasses using more than 30+ techniques that attackers are actively exploiting in the wild.

SquareX opens the floor to cybersecurity leaders and experts to have discussions on the future of browser security and the new BDR solution space this October.

About SquareX:

SquareX helps organizations detect, mitigate and threat-hunt client-side web attacks happening against their users in real time.

SquareX’s industry-first Browser Detection and Response (BDR) solution, takes an attack-focused approach to browser security, ensuring enterprise users are protected against advanced threats like malicious QR Codes, Browser-in-the-Browser phishing, macro-based malware and other web attacks encompassing malicious files, websites, scripts, and compromised networks.

With SquareX, enterprises can provide contractors and remote workers with secure access to internal applications, enterprise SaaS, and convert the browsers on BYOD / unmanaged devices into trusted browsing sessions. 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/squarex-presents-industry-first-browser-detection-response-solution-at-govware-2024–a-must-see-for-cybersecurity-leaders-302257883.html

SOURCE SquareX

Continue Reading

Technology

MERP Systems Secures Contract with Washington State Gambling Commission to Modernize Business Applications

Published

on

By

MERP Systems will lead a comprehensive modernization initiative for the Washington State Gambling Commission, enhancing their license management, investigations, and financial systems. As a Microsoft Gold Partner, MERP Systems will leverage the robust capabilities of Microsoft Power Platform and Dynamics 365 to transform the Commission’s operations and streamline business processes.

HERNDON, Va., Oct. 6, 2024 /PRNewswire/ — MERP Systems, a Microsoft Gold Partner, has been awarded a prestigious contract by the Washington State Gambling Commission to spearhead a comprehensive modernization initiative. This effort will focus on revamping the Commission’s gambling license management, independent investigations, and financial systems, leveraging the full capabilities of Microsoft Power Platform and Dynamics 365 to drive business transformation.

The project aims to enhance the efficiency and effectiveness of the Commission’s core operations through improved process automation, integrated systems, and cutting-edge technology implementations. With a strong focus on streamlining workflows, MERP Systems will also undertake complex data migration and financial systems transformation to deliver a more cohesive and agile digital ecosystem.

Created in 1973, after gambling indictments of 51 Seattle police officers and a former county prosecutor, the Washington State Gambling Commission oversees regulation and licensing of the state’s non-profit fundraising operations and for-profit businesses. The WSGC has 100 staff members serving a state of nearly 8 million and is self-funded through operator licensing fees.

“I am excited to partner with MERP Systems to modernize our technology stack, ensuring it remains up-to-date, resilient, and fully compliant with modern security protocols,” said Sayee Vaitheesvaran, WSGC CIO. “This initiative will enhance our ability to deliver efficient and reliable services to the public, partners, and licensees.”

“Our main goal with this project was to seek out the best partner for long term agency benefit as we continue to keep gambling legal and honest in the state of Washington,” said Gary Drumheller, WSGC Deputy Director.

Priya Vasireddy, Vice President at MERP Systems, expressed excitement about the new partnership, stating, “MERP Systems is really excited to be part of another holistic digital transformation of business applications using the Microsoft Power Platform and Dynamics 365. This win is a continued testament to our superior quality delivery model and unparalleled technical proficiency.”

The Washington State Gambling Commission project is another addition to MERP Systems’ growing portfolio of public sector modernization initiatives, showcasing the company’s expertise in delivering impactful technology solutions. With a reputation for excellence in execution and deep domain knowledge, MERP Systems continues to reinforce its position as a trusted partner for digital transformation in the government sector.

About MERP Systems:

MERP Systems is a leading provider of digital transformation solutions, specializing in Microsoft technologies. As a Microsoft Gold Partner, the company offers a comprehensive range of services, including cloud solutions, application modernization, data migration, and business process automation, tailored to meet the unique needs of both public and private sector clients.

For more information, visit https://www.merpsystems.com

Media Contact:

Kelly Maloney

Director, Business Development

MERP Systems

kmaloney@merpsystems.com

914 703 2055

Media Contact

Kelly Maloney, MERP Systems Inc, 1 7035013443, kmaloney@merpsystems.com, https://www.merpsystems.com

View original content:https://www.prweb.com/releases/merp-systems-secures-contract-with-washington-state-gambling-commission-to-modernize-business-applications-302268068.html

SOURCE MERP Systems Inc

Continue Reading

Technology

Pattern Partners with EssilorLuxottica to Drive Marketplace Business for Ray-Ban and Oakley

Published

on

By

MELBOURNE, Oct. 7, 2024 /PRNewswire/ — The global leader in eyewear design, manufacture and retail, EssilorLuxottica has engaged ecommerce and marketplace accelerator, Pattern, to expand business for its Ray-Ban and Oakley brands through online marketplaces in Australia.

“Given the growing influence of marketplaces in Australia, EssilorLuxottica recognised the importance of being present where our customers are shopping, which is increasingly on platforms like Amazon. Partnering with Pattern to officially launch on Amazon allows customers to buy our industry-leading eyewear products from a trusted marketplace source. It also supports sales for our wider wholesale partnership network, by providing visibility of Ray-Ban and Oakley products to increasing numbers of consumers using Amazon as a search tool,” said Brent Furniss, Senior Key Account Manager at EssilorLuxottica.

The partnership with Pattern to sell Ray-Ban and Oakley eyewear products on Amazon, is a global first for EssilorLuxottica, who has traditionally directly engaged with Amazon in other markets.

“Direct engagement with Amazon in the Australian market presented significant resourcing challenges for EssilorLuxottica, requiring dedicated personnel we did not currently have on board. Pattern’s end-to-end marketplace services offered us the solution we needed, ensuring we were positioned to quickly expand the visibility of our Ray-Ban and Oakley brands on Australia’s leading marketplace,” added Furniss.

In working with EssilorLuxottica, Pattern will build brand awareness and acquire new customers on Amazon for Ray-Ban and Oakley; optimising listings, conversion and profitability, as well as identifying unauthorised resellers and cross-docking inventory to Amazon.

Expanding Reach and Enhancing Brand Discovery

Launching on Amazon Australia has enabled EssilorLuxottica to connect with a broader, previously unreached customer-base.

“EssilorLuxottica operates on a global scale and maintains a diverse network of partnerships worldwide. As such, it was crucial for us to avoid diverting customers from our existing wholesale partners. Instead, our aim was to tap into a fresh pool of consumers who might purchase directly from the Amazon platform or who might search on Amazon then purchase through our various other sales channels,” said Furniss.

The growing role Amazon plays in product discovery was highlighted in Pattern’s recent ‘Marketplace Consumer Trends Report – 2024,‘ which revealed that 59% of Australian consumers now start their product searches on Amazon, and 60% have discovered and purchased products they’d never bought before.

The powerful role that product search is playing in customer growth for EssilorLuxottica on Amazon Australia was demonstrated in the last quarter of 2023 when Ray-Ban products were searched every 1.8 minutes and Oakley products were searched every 2.1 minutes.

“Leveraging Pattern’s deep expertise to navigate the marketplace has enabled us to broaden our customer outreach, positioning Amazon Australia as an extension of our sales strategy rather than competition,” added Furniss. “We’ve not only gained a foothold in a key marketplace but have also enriched our understanding of consumers’ online shopping behaviours.”

Navigating the Marketplace Challenge: Unauthorised Resellers

Prior to working with Pattern, Ray-Ban and Oakley products were already present on Australian marketplaces. However, these listings were not under the direct management of EssilorLuxottica and could potentially come from unauthorised resellers.

“Unauthorised resellers present a huge challenge for brands like EssilorLuxottica. They can damage brand value by listing incorrect product or brand information. This confuses and undermines the consumer’s perception of a brand and can result in a poor customer experience,” commented Merline McGregor, Managing Director of Pattern Australia. “Pattern has developed proprietary software, Predict, which provides brands with the visibility and control needed to tackle this issue. Predict has already made a tangible impact, tracing an estimated AUD$2.5 million in potential unauthorised sales for a global footwear brand in the Australian market.”

Since working with Pattern, EssilorLuxottica has been able to identify and better manage unauthorised resellers and monitor marketplace activities effectively. This has enabled Ray-Ban to improve its Buy Box from 66% on launch to 85% in September 2024. 

“Unauthorised resellers have the potential to significantly impact brand reputation for EssilorLuxottica. Pattern’s analytics and monitoring capabilities give us a deeper understanding of marketplace dynamics, helping to distinguish between suspected unauthorised resellers and authorised wholesalers operating globally. This strategic insight is essential for maintaining the brand reputation for Ray-Ban and Oakley and providing positive customer experiences that help to grow local sales,” concluded Furniss.

About Pattern Inc

Pattern is the category leader in global ecommerce and marketplace acceleration. Since 2013, Pattern has profitably grown to more than 1,400 employees operating from 24 global locations – including Melbourne, Sydney and the Gold Coast – to help leading brands achieve accelerated growth on D2C websites and global ecommerce marketplaces. As well as being one of the largest Amazon sellers in the world, we are also present on Tmall, JD.com, eBay and other ecommerce marketplaces. We act as the authorised Amazon seller to more than 200 brands globally, buying their stock to sell on the marketplace and taking care of every aspect of their Amazon presence. For more information, visit https://au.pattern.com/

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/pattern-partners-with-essilorluxottica-to-drive-marketplace-business-for-ray-ban-and-oakley-302266703.html

SOURCE Pattern

Continue Reading

Trending