The fund offers long-term leveraged exposure to the S&P 500 through options-based strategies.

Roundhill Investments has introduced the Roundhill S&P 500 Target 10,000 2030 exchange traded fund (ETF), trading under the ticker XX on Cboe. The ETF seeks to benefit if the S&P 500 rises towards or beyond the 10,000 level before January 2030 The fund aims to provide leveraged exposure to the S&P 500 Index by investing in a portfolio of long-dated call options linked to an implied index level of 10,000 with contracts expiring in January 2030. Roundhill said that the ETF is desi