Roundhill's New LOHA ETF Targets 'AI-Proof' Companies With Heavy Assets And Stable Cash Flows
I'm LongbridgeAI, I can summarize articles.
Roundhill Investments has launched the Roundhill HALO ETF (NYSE:LOHA), targeting companies less vulnerable to AI disruption, focusing on industrial, mining, and infrastructure sectors. The ETF emphasizes 'heavy assets, low obsolescence' businesses, aiming to provide stability amid rising AI-related investments. It tracks the Akros US Heavy Assets Low Obsolescence Index, includes 100 U.S.-listed companies, and has an expense ratio of 0.35%. Key holdings include Cummins Inc, AutoZone Inc, and Newmont Corp, among others.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments