To The Moon

🌟🌟🌟$Roundhill Magnificent Seven ETF(MAGS)$ is the 1st ever ETF to focus exposure on the Magnificent 7 stocks.  The Magnificent 7 are leaders shaping the future and driving innovation in the Tech Sector.

Performance wise MAGS jumped 19.8% year to date and in 2023 MAGS has skyrocketed 60%.

The Inception date was April 11 2023.  Assets Under Management have grown from USD 232.7 million in 2023 to USD 907.39 million in just 1 year.  The expense ratio is 0.29%.

MAGS is rebalanced to equal weight on a quarterly basis, ensuring consistent exposure to the Magnificent 7 in a single ETF. 

The Magnificent 7 stocks comprise of $Microsoft(MSFT)$  $Apple(AAPL)$  $NVIDIA Corp(NVDA)$  $Amazon.com(AMZN)$  Meta Platforms, Google and Tesla.

Distributions are paid annually.  The current distribution yield is 0.37%.

Even though the Magnificent 7 have mixed growth currently, together they still represent a formidable force in the S&P500.  With the advent of AI, all 7 members of the Magnificent 7 have been focusing their Research and Development in this area. 

For example Microsoft has invested USD 13 billion with OpenAI which is the parent company for the popular ChatGPT.    In the latest news, Microsoft and OpenAI are planning an unprecedented supercomputer that uses millions of specialised server chips that could cost up to USD 100 billion codenamed Stargate. 

Nvidia leads the Magnificent 7 with its blistering performance due to its specialised AI chips. The latest AI Chip is the Blackwell GB200 which is expected to deliver a major leap forward compared to its existing Hopper H100 GPUs.  CEO Jensen Huang believes it will quickly become the most successful product in Nvidia's history.

Apple has recently announced that it is going to focus on Generative AI as part of its future strategy.  Apple has reportedly acquired Canadian AI startup DarwinAI earlier this year which has developed technology that makes AI technology accessible to a wide variety of industries. 

Amazon has justed invested an additional USD 2.75 billion more in AI startup Anthropic, making its total investment now worth USD 4 billion. 

The Race is on to see which of the Magnificent 7 can develop the best AI tools in the future. 

I like MAGS ETF as it offers excellent value for money. At the last closing price of USD 39.15, it is easier on my pockets  compared to investing in any of the Magnificent 7 stock individually like Nvidia at USD 903.56 per share. 

MAGS offers a diversified approach to investing in Magnificent 7 and does the heavy lifting for me.  So if there is any negative news affecting any of the Magnificent 7, the impact is less than if I was to invest in each of the Magnificent 7 individually. 

MAGS is, in my humble opinion the Best Way to capture the upward momentum of the Magnificent 7 and reap the bumper rewards in the long term horizon. 

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