WEED ETF will offer expense ratio of 0.00% through July 1, 2025
NEW YORK, July 1, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced a fee waiver for its Roundhill Cannabis ETF (Cboe: WEED). The WEED ETF, which offers targeted exposure to leading U.S. multi-state operators, will charge an all-in expense ratio of 0.00% until at least July 1, 2025.
“While regulatory reform for the cannabis sector has been slower than anticipated, we believe that the upcoming reclassification to Schedule III can serve as a much needed catalyst for the space,” said Dave Mazza, Chief Executive Officer at Roundhill Investments. “As part of introducing our fee waiver, we would encourage investors to consider WEED as a targeted vehicle to express a view on positive momentum in U.S. cannabis.”
As detailed below, Roundhill will waive and limit the Fund’s Total Annual Fund Operating Expenses to 0.00%…
