The Roundhill AMZN Weekly Pay ETF is an exchange-traded fund designed to deliver both income and amplified growth potential by tracking the performance of Amazon.com, Inc. shares. This ETF targets weekly distributions to shareholders, aiming to provide a calendar week total return equal to 1.2 times (120%) the performance of Amazon common stock, before fees and expenses. The fund achieves its investment objective by holding a combination of total return swap agreements and direct equity positions, collectively designed to match and enhance the weekly returns of Amazon stock. Distinctively, the fund stands out by offering leveraged exposure and frequent income through weekly payments, appealing to investors seeking a dynamic blend of growth and cash flow. Unlike traditional covered call strategies, the Roundhill AMZN Weekly Pay ETF does not cap the upside potential and does not generate income from selling options, instead leveraging swaps for targeted performance. As part of the innovative WeeklyPay ETF suite, this ETF plays a unique role in allowing market participants to access recurring income and enhanced exposure to one of the world’s leading technology companies within a regulated, diversified vehicle.
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