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Roundhill Investments Launches China Dragons ETF (DRAG)

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DRAG offers targeted exposure to nine of the largest and most innovative Chinese companies, collectively known as the “China Dragons.”

NEW YORK, Oct. 3, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, is pleased to announce the launch of the Roundhill China Dragons ETF (DRAG), which begins trading on Cboe BZX today.

DRAG seeks to provide investors with equal-weight exposure to a concentrated basket of five to ten of the largest and most innovative Chinese companies driving innovation around the globe, collectively dubbed the “China Dragons.” As of October 3, 2024, the nine China Dragons include Tencent, Pinduoduo, Alibaba, Meituan, BYD, Xiaomi, JD.com, Baidu, and NetEase.

Unlike existing China ETFs that may offer broad-based exposures, DRAG is the only U.S.-listed ETF offering precise exposure to the largest and most innovative Chinese companies. DRAG is structured similarly to the Roundhill Magnificent Seven ETF (MAGS), which investors and traders have embraced for its targeted exposure to seven leading U.S. stocks. DRAG will implement an equal weight strategy, rebalanced on a quarterly basis.

“With China currently offering historically attractive valuations and the recent significant government stimulus package aimed at boosting its economy, DRAG provides investors with a timely opportunity to gain targeted exposure to China’s top tech innovators,” said Dave Mazza, Chief Executive Officer at Roundhill Investments. “These companies are not only industry leaders in China but are also playing a crucial role in driving global innovation. DRAG offers a focused and efficient way for investors to capture the growth potential of these market leaders as China embarks on a new phase of economic support and technological advancement.”

For more information on the Roundhill China Dragons ETF (DRAG) and current holdings, please visit our website.

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.

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus, if available, with this and other information about the Fund, please call 1-855-561-5728 or visit our website at https://www.roundhillinvestments.com/etf/DRAG. Read the prospectus or summary prospectus carefully before investing.

China Risk. The Fund’s significant investments in instruments that provide exposure to Chinese companies subject the Fund to risks specific to China. China may be subject to considerable degrees of economic, political and social instability. China is an emerging market and demonstrates significantly higher volatility from time to time in comparison to developed markets. Over the last few decades, the Chinese government has undertaken reform of economic and market practices and has expanded the sphere of private ownership of property in China. However, Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability.

Chinese companies are also subject to the risk that Chinese authorities can intervene in their operations and structure. Internal social unrest or confrontations with neighboring countries, including military conflicts in response to such events, may also disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation.

China has experienced security concerns, such as terrorism and strained international relations. Additionally, China is alleged to have participated in state-sponsored cyberattacks against foreign companies and foreign governments. Actual and threatened responses to such activity and strained international relations, including purchasing restrictions, sanctions, tariffs or cyberattacks on the Chinese government or Chinese companies, may impact China’s economy and Chinese issuers of securities in which the Fund invests. Incidents involving China’s or the region’s security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and the Fund’s investments. Export growth continues to be a major driver of China’s rapid economic growth. Reduction in spending on Chinese products and services, supply chain diversification, institution of additional tariffs or other trade barriers (including as a result of heightened trade tensions or a trade war between China and the U.S. or in response to actual or alleged Chinese cyber activity) or a downturn in any of the economies of China’s key trading partners may have an adverse impact on the Chinese economy. The Fund’s portfolio may include companies that are subject to economic or trade restrictions (but not investment restrictions) imposed by the U.S. or other governments due to national security, human rights or other concerns of such government. So long as these restrictions do not include restrictions on investments, the Fund is generally expected to invest in such companies.

Chinese companies are not subject to the same degree of regulatory requirements, accounting standards or auditor oversight as companies in more developed countries. As a result, information about the Chinese securities in which the Fund invests may be less reliable or complete. Chinese companies with securities listed on U.S. exchanges may be delisted if they do not meet U.S. accounting standards and auditor oversight requirements, which would significantly decrease the liquidity and value of the securities. There may be significant obstacles to obtaining information necessary for investigations into or litigation against Chinese companies, and shareholders may have limited legal remedies. Chinese companies may also be subject to significantly weaker recordkeeping requirements than the requirements imposed upon U.S. companies.

Market Risk. Market risk is the risk that a particular security, or Fund Shares in general, may fall in value. Securities are subject to market fluctuations caused by such factors as economic, political, regulatory or market developments, changes in interest rates and perceived trends in securities prices.

Derivatives Risk. The use of derivative instruments (i.e. swap agreements and forward contracts) involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include: (i) the risk that the counterparty to a derivative transaction may not fulfill its contractual obligations; (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the derivative may not correlate perfectly with the underlying asset.

Active Management Risk. The Fund is actively-managed and its performance reflects investment decisions that the Adviser and/or Sub-Adviser makes for the Fund.

Depositary Receipts Risk. Depositary receipts may be less liquid than the underlying shares in their primary trading market. Any distributions paid to the holders of depositary receipts are usually subject to a fee charged by the depositary. Holders of depositary receipts may have limited voting rights, and investment restrictions in certain countries.

Swap Agreements Risk. The Fund may utilize swap agreements to derive its exposure to one or more of the China Dragons. Swap agreements may involve greater risks than direct investment in securities as they may be leveraged and are subject to credit risk, counterparty risk and valuation risk.

Consumer Discretionary Sector Risk. Consumer discretionary companies, such as retailers, media companies and consumer services companies, provide non-essential goods and services. These companies manufacture products and provide discretionary services directly to the consumer, and the success of these companies is tied closely to the performance of the overall domestic and international economy, interest rates, competition and consumer confidence. Success depends heavily on disposable household income and consumer spending.

Communication Services Sector Risk. Communication services companies may be subject to specific risks associated with legislative or regulatory changes, adverse market conditions, intellectual property use and/or increased competition. Communication services companies are particularly vulnerable to rapid advancements in technology, the innovation of competitors, rapid product obsolescence and government regulation and competition, both domestically and internationally. Additionally, fluctuating domestic and international demand, shifting demographics and often unpredictable changes in consumer tastes can drastically affect a communication services company’s profitability.

Information Technology Companies Risk. Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on profit margins. Like other technology companies, information technology companies may have limited product lines, markets, financial resources or personnel. The products of information technology companies may face obsolescence due to rapid technological developments, frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel.

Large Capitalization Risk. Large capitalization companies may be less able than smaller capitalization companies to adapt to changing market conditions.

New Fund Risk. The Fund is a recently organized investment company with a limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.

Non-Diversification Risk. As a “non-diversified” fund, the Fund may hold a smaller number of portfolio securities than many other funds.

Concentration Risk. The Fund is concentrated in the industry or group of industries comprising the consumer discretionary sector and communication services sector.

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.

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SOURCE Roundhill Investments

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UTGL, a Pioneer Global Fintech Trust Company, Announces Expansion of Bitcoin Holdings in Company Treasury

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January 14, 2025

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HONG KONG, Jan. 14, 2025 /PRNewswire/ — We are proud to announce the strategic expansion of our Bitcoin holdings in the company treasury. This bold move underscores our belief in Bitcoin as a transformative financial asset and a cornerstone of long-term financial resilience. Since initiating our Bitcoin investment journey in 2021, we have shared the same vision of market leader MicroStrategy, recognizing Bitcoin as a secure and strategic store of value for the future. Building on our established track record of success, we continue to demonstrate robust growth and are steadfast in our commitment to advancing and broadening our fintech solutions.

Strengthening Trust with Cutting-Edge Fintech Solutions

UTGL is strengthened by its ability to deliver secure and seamless global Fintech trust solutions:

Privacy and Safety, driven by robust legal frameworks, as core trust functionalities for ultimate client security.Ultra-low slippage Digital Assets trading, enabled by aggregated liquidity from OTC leaders like Galaxy, Cumberland, and B2C2.Worldwide bill payment support, providing frictionless management of global financial obligations.Tax efficiency through offshore trust structures, enhancing wealth protection and confidentiality.Providing access to yield enhancement products through collaborations with industry leaders such as BlackRock for U.S. Treasury investments and JP Morgan Asset Management.Frictionless access to global equities and markets, integrated seamlessly through UTGL’s partnerships with leading brokerage platforms, including Interactive Brokers.

A Vision of Growth and Innovation

From a small team to a powerhouse of over 200 experts, UTGL continues to redefine trust and fintech solutions. This expansion of Bitcoin holdings reflects our commitment to empowering clients with forward-thinking, secure, and resilient financial strategies.

Looking Ahead

With Bitcoin as a cornerstone of its treasury strategy, UTGL remains committed to combining privacy, safety, resilience, and financial freedom to shape the future of trust and technology for clients worldwide. Guided by our ethos of “Living Without Banking,” we are building innovative financial solutions that enable a new era of independence and opportunity.

About UTGL : https://linktr.ee/utgl

Contact US : info@utgl.net

website : www.utgl.net

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SOURCE UTGL

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Rockpoint Legal Funding Highlights TrialBase’s Deposition Services as a Game-Changer for Legal Professionals

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1 hour ago

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January 14, 2025

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Two Industry Innovators Join Forces to Simplify Trial and Discovery Management for the Legal Community

LOS ANGELES, Jan. 13, 2025 /PRNewswire/ — Rockpoint Legal Funding is excited to introduce their integration with TrialBase (TrialBase.com), a leader in certified deposition services and legal reporting solutions, as a valuable resource for legal professionals. Attorneys can now instantly apply for litigation funding from Rockpoint directly within Trialbase in order to cover deposition costs on their cases.

TrialBase’s cutting-edge deposition management services are uniquely positioned to enhance the efficiency of legal teams, while Rockpoint Legal Funding continues to provide trusted non-recourse funding solutions that empower attorneys to focus on winning cases.

Why TrialBase is an Ideal Resource for Legal Professionals:

Legal professionals often face complex challenges, from managing intricate discovery processes to ensuring financial stability for their clients. Together, TrialBase and Rockpoint Legal Funding can address these issues through:

1.    Streamlined Deposition Services:
TrialBase offers certified deposition management solutions through an integrated platform, helping legal teams save time and enhance case preparation.

2.    Financial Stability for Clients:
Attorneys can use Rockpoint’s litigation funding to cover deposition costs and to reduce financial stress – allowing attorneys to focus on their case strategies without unnecessary delays.

3.    Secure Digital Workflow:
Both companies leverage secure, user-friendly platforms, enabling seamless, efficient support for legal professionals.

Media Contact
Jonathan Urritia
Marketing Manager
Jonathan@rockpointlegal.com
(424) 377-7238

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SOURCE Rockpoint Legal Funding

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Industrial Miniature Circuit Breaker Market in North America to Grow by USD 145.3 Million from 2024-2028, Driven by Industrial Demand and AI-Driven Market Trends – Technavio

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January 14, 2025

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NEW YORK, Jan. 13, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The industrial miniature circuit breaker market in north america size is estimated to grow by USD 145.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. high demand for MCBS from industries is driving market growth, with a trend towards growing new product developments related to MCBS. However, stringent regulatory compliance poses a challenge. Key market players include ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. Plc, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Industrial Miniature Circuit Breaker Market In North America Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.36%

Market growth 2024-2028

USD 145.3 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

4.11

Regional analysis

North America

Performing market contribution

North America at 100%

Key countries

US and Canada

Key companies profiled

ABB Ltd., Carlo Gavazzi Holding AG, Eaton Corp. Plc, ETA Elektrotechnische Apparate GmbH, LOVATO Electric Spa, LS ELECTRIC Co. Ltd., NOARK Electric, Reunert Ltd., Schneider Electric SE, Siemens AG, and WEG S.A

Market Driver

The industrial Mini-Circuit Breaker (MCB) market in North America is witnessing significant growth due to the emerging trend of new product developments. ABB, a leading technology corporation, recently introduced its new industrial MCB, the S300 P, which enhances security, functionality, installation efficiency, and information accessibility. Siemens also launched two new versions of its Sentron 3WA Power Circuit Breakers, compliant with UL 1066 and IEC 60947-2 standards, catering to the global market. Schneider Electric introduced the EvoPacT medium voltage circuit breaker to the Canadian market, offering benefits such as real-time monitoring, longer lifetime, innovative design, and built-in sustainability. These new product developments provide advanced features and enhanced performance, addressing the increasing demand for efficient, intelligent, and reliable circuit protection solutions. 

The Miniature Circuit Breaker (MCB) market is experiencing a prevalence in various industrial domains, including automotive, power, oil and gas, chemicals, and diverse industries. The standardization and high-quality manufacturing of miniature circuits ensure safety and efficiency in circuit protection. The expanding footprint of MCBs in industries is driven by the need for energy-efficient products and the regulatory environment. Major market players, such as Rockwell Automation, ABB, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, and WEG, are leading the trend with technological advancements in thermalmagnetic MCBs, semiconductors, and smart monitoring systems. The market is segmented into electric equipment, data centers, power transmission, renewable energy applications, building, home automation, IoT, and smart grid operation. Geographical expansion is also a significant factor in the market’s growth, with major players increasing their presence in urbanizing areas. Vendor selection is crucial for businesses to ensure the best fit for their specific needs. Market research reports provide valuable insights into the latest trends and vendor offerings. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

Industrial Miniature Circuit Breakers (MCBs) are essential components in electrical power distribution systems, protecting against overloads and short circuits. The International Electrotechnical Commission (IEC) sets the standards for MCB manufacturing, with IEC 60898-1 and IEC 60947-2 being relevant for industrial applications. IEC 60947-2 governs circuit breakers for industrial power distribution up to 1000 volts AC and 1500 volts DC, with rated currents from 0.5 to 6300A. IEC 60898-1 sets the highest rated current at 125A and the lowest at a few amperes, with a maximum short-circuit capacity of 25kA. Compliance with these standards is mandatory for IEC certification. Non-compliance may result in product recalls, posing challenges for manufacturers and potentially hindering market growth during the forecast period.The Industrial Miniature Circuit Breaker (MCB) market is experiencing significant growth due to increasing demand for home automation, IoT, and smart monitoring systems in various applications. Geographical expansion, especially in urban areas, is also driving market growth. Major players like ABB, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, WEG, and Powell Industries are leading the market. Regulatory environment, e-commerce, and digitalization are shaping the market trends. Technological advancements such as fault tolerance, energy efficiency, and sustainability are key factors. Novel materials and smart technologies like IoT integration and predictive maintenance are also influencing the market. The LVSG sector is expected to witness growth in residential and commercial applications, including solar panel installations, commercial buildings, office buildings, retail spaces, hospitals, and more. Frost and Sullivan forecasts continued growth in the MCB market due to these trends and technological innovations.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview

This industrial miniature circuit breaker market in North America report extensively covers market segmentation by

Type 1.1 UL 4891.2 UL 1077Geography 2.1 North America

1.1 UL 489- The Industrial Miniature Circuit Breaker market is experiencing steady growth due to increasing demand for reliable power protection solutions in various industries. These circuit breakers offer efficient power management, enhanced safety features, and compact designs, making them a preferred choice for businesses seeking to minimize downtime and improve operational efficiency. Key players in this market include Siemens, Schneider Electric, and ABB, who continue to innovate and expand their product offerings to meet evolving customer needs.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Industrial Miniature Circuit Breaker (MCB) market is witnessing a prevalence in various industrial domains due to the increasing demand for standardized, high-quality, and miniature circuit protection solutions. These compact components offer enhanced safety and efficiency in power transmission, automotive, data centers, and other applications. The expanding footprint of MCBs in industrial sectors is driven by the need for energy-efficient products and the technical advancement of smart grids and power distribution systems. Market research reports indicate a growing trend towards the adoption of MCBs in various industries, providing opportunities for manufacturers to showcase their offerings. Vendor selection is crucial for businesses seeking reliable and efficient circuit protection solutions, making it essential to consider factors such as product quality, technical expertise, and customer support when choosing a supplier.

Market Research Overview

The Industrial Miniature Circuit Breaker (MCB) market is witnessing a prevalence and expanding footprint in diverse industries due to the increasing demand for standardized, high-quality circuit protection solutions. Miniature circuits are gaining popularity in automotive applications for ensuring safety and efficiency. The market is segmented into various industries such as power, oil and gas, chemicals, and electric equipment. Technical advancements in thermalmagnetic miniature circuits, semiconductors, and energy-efficient products are driving growth. Major market drivers include the regulatory environment, urbanization, digitalization, and e-commerce. Novel materials and IoT integration are also contributing to the expansion of the LVSG sector. Prominent vendors include Rockwell Automation, Mitsubishi Electric Corporation, Eaton Corporation, Legrand, Hager Group, WEG, and Powell Industries. Applications include data centers, power transmission, renewable energy applications, building automation, home automation, smart monitoring systems, and smart grid operation. Geographical expansion and technological advancements are also key factors fueling growth. Market research reports provide valuable insights into vendor selection and predictive maintenance. Major market players such as ABB and Schneider Electric are also investing in fault tolerance and sustainability to cater to residential and commercial applications, solar panel installations, and commercial buildings, including office buildings, retail spaces, hospitals, and energy efficiency.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeUL 489UL 1077GeographyNorth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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