METW Targets 1.2 Times Meta’s Calendar-Week Return Before Fees

Roundhill META WeeklyPay ETF (METW) combines weekly distributions with a secondary objective tied to 1.2 times Meta Platforms Inc.’s calendar-week total return before fees and expenses. The fund’s primary objective is to pay weekly distributions. It uses total return swaps and Meta common stock to pursue its return target. The distribution amount can change from week to week. It is determined using dynamic market inputs, including Meta’s recent total return and implied volatility. Distributions may exceed the fund’s income and gains. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost