NCLD – Roundhill Neocloud ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities (which may include depositary receipts) or financial instruments (i.e., swap agreements or forward contracts) that provide exposure to Neocloud Companies. For purposes of compliance with this investment policy, derivative contracts (i.e., swap agreements and forward contracts) will be valued at their notional value. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
NCLD	Roundhill Neocloud ETF	ETF	Open	—	—	Aug 5, 2026	$75.26M	0.650%	—	—	—

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