Roundhill Investments (CCML) has launched the Roundhill MLCC & Electronic Components ETF (ticker: CCML), providing U.S. investors with focused exposure to leading multilayer ceramic capacitor (MLCC) and electronic component manufacturers, many of which are listed in Japan, South Korea, Taiwan, and China rather than on U.S. exchanges.
The ETF is actively managed and is concentrated in information technology companies and MLCC-related businesses that benefit from demand in areas such as artificial intelligence infrastructure, high-performance computing, 5G, electric vehicles, and advanced semiconductor packaging. The fund entails risks associated with MLCC and electronic component companies, active management, Asia and emerging markets exposure, concentration, non-diversification, new fund status, and potential use of swap agreements.