NERD

The Esports &

DigitalEntertainment ETFINVESTOR PRESENTATION OCTOBER 2020

ROUNDHILL INVESTMENTS

Disclaimer

ROUNDHILL INVESTMENTS

Investors should consider the investment objectives, risk, charges andexpenses carefully before investing. For a prospectus or summaryprospectus with this and other information about the NERD ETF pleasecall 1-877-220-7649 or visit the website atroundhillinvestments.com/etf/nerd. Read the prospectus or summaryprospectus carefully before investing.

Investing involves risk, including possible loss of principal. Esports gaming companies face intense competition,

both domestically and internationally, may have products that face rapid obsolescence, and are heavily dependent

on the protection of patent and intellectual property rights. Such factors may adversely affect the profitability and

value of video gaming companies. Investments made in small and mid-capitalization companies may be more

volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Fund

investments will be concentrated in an industry or group of industries, and the value of Fund shares may risk and fall

more than diversified funds. Foreign investing involves social and political instability, market illiquidity, exchangerate

fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as

they are smaller, less liquid and more volatile than more developed countries. Depository Receipts involve risks

similar to those associated investments in foreign securities, but may not provide a return that corresponds

precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.

Roundhill Financial Inc. serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC

which is not affiliated with Roundhill Financial Inc., U.S. Bank, or any of their affiliates.

Esports & Digital Entertainment ExplainedMarket Opportunity:

Audience Expansion

Gaming Growth

Viewership

Esports vs. Sports

Case Studies:Razer Inc

DouYu

Sea Limited

ETF Characteristics Top Holdings & Exposures ETF Performance

ROUNDHILL INVESTMENTS02

TABLE OF CONTENTS

NERD

Game Publishers

Media Companies

Streaming Services

Hardware Developers

And more!

Esports, “electronic sports”, is the growing business of playing video

games competitively in front of a live or online viewing audience.

The Esports & Digital Entertainment categorization includes:

This market is expected to grow significantly as esports becomes one of

the largest entertainment sectors in the world.

Esports & Digital Entertainment Explained

Esports viewership is expected to grow to 646 million by 2023.

This represents a 10.3% CAGR from 2018-2023.

2018 2019 2020* 2023*

750M

500M

250M

0M

Market Opportunity: Audience Expansion

= Estimates by NewZoo as of October 2020

Esports Audience Growth

Occasional Viewer

Esports Enthusiasts

Source: NewZoo as of October 2020

The global games market is expected to grow to $200 billion by

2023.

Market Opportunity: Games Growth

2018 2019 2020* 2023*

$250B

$200B

$150B

$100B

$50B

$0B

Global Games Market Forecast

= Estimates by NewZoo as of October 2020Source: NewZoo as of October 2020

More people watch gaming than HBO + Netflix + ESPN + Hulu

combined.

Market Opportunity: Viewership

Source: PC Gamer as of April 2017

Esports viewership is competing with traditional U.S. sports

leagues.

Market Opportunity: Esports vs Sports

Data based on reports by Nexus as of 2019 for LoL, Fox as of 2019 for NFL, Fox Sports for MLB as of 2019, Republic World / Sports Pro for NBA as 2020

NFL '20 LoL '19 MLB '19 NBA '20

125M

100M

75M

50M

25M

0M

Finals Peak Viewership

Company Details

Case Study: Razer

Ticker: 1337 HK

Country: SingaporeThematic Relevance: Hardware

Market Capitalization: $2.0 Billion

Notable Brands

Gaming Peripherals

Gaming Laptops

Razer Synapse (IoT Platform)

Team Razer

Key Highlight

Razer plans to leverage its young and

engaged gaming audience into additional

verticals like fintech. In January 2020, the

company applied for a digital bankinglicense in Singapore.

Key Statistic

For the first half of 2020, Razer achieved #1market share in the US for gaming

peripherals and premium gaming laptops

(priced above $1,800).

NERD ETF Exposure: 3.8%

As of 9/30/2020

This example was chosen because Razer is a leader in gaming peripherals.

Company Details

Case Study: Modern Times Group

Ticker: MTGB SS

Country: Sweden

Thematic Relevance: Media

Market Capitalization: $0.9 Billion

Notable Brands

ESL

DreamHack

InnoGames

Kongregate

Key Highlight

In September 2020, MTG combined its two

esport portfolio companies, ESL and

DreamHack. The company believes this will

improve organization and operations,

creating significant shareholder value.

Key Statistic

ESL is the world's largest esportscompany. The company operates high

profile international leagues and

tournaments. In total, ESL events attract

hundreds of millions of viewers each year.

NERD ETF Exposure: 5.5%

As of 9/30/2020

This example was chosen because MTG is a leader in esports events.

Company Details

Case Study: Huya

Ticker: HUYA

Country: ChinaThematic Relevance: Media

Market Capitalization: $5.3 Billion

Notable Brands

Huya Live

Chengdu Hunters

Nimo TV

Royal Never Give Up

Key Highlight

In October 2020, Huya and its sister company

Douyu agreed to merge. The combined entity

will control the large majority of theChinese game livestreaming market.

Key Statistic

As of August 2020, Huya Live averaged 168.5million monthly active users, including

75.6 million on mobile. Of these, 6.2 million

were paid users.

NERD ETF Exposure: 5.0%

As of 9/30/2020

This example was chosen because Huya is a leader in livestreaming.

Characteristics

ETF Characteristics: NERD

Ticker: NERD

Expense Ratio: 0.50%

Launch Date: June 4th, 2019

Rebalance: Quarterly

AUM: $44MM

Shares Outstanding: 1,800,000

Number of Holdings: 32ETF Options: Yes20 Day ADV: $1.3MM

Games33.4%

Hardware29.6%

Media27.7%

Broad-Based9.3%

Thematic Breakdown

As of 9/30/2020. Information is subject to change and is not a guarantee of future results.

Country Exposure

ETF Exposures: NERD

United States25.5%

China24.8%

Taiwan8.5%

Sweden7.8%

Singapore7.6%

South Korea6.6%

Japan5.1%

France4.7%

Other4.3%Ireland

2.5%

Large Cap (>$5B)54.1%

Small Cap (<$1B)24.4%

Mid Cap ($1-5B)21.5%

Market Capitalization Exposure

As of 9/30/2020. Information is subject to change and is not a guarantee of future results.

Corsair

Weight: 9.5% Ticker: CRSR

Activision

Weight: 5.7% Ticker: ATVI

Tencent

Weight: 5.5% Ticker: 700.HK

MTG

Weight: 5.5%Ticker: MTGB.SS

Huya

Weight: 5.0% Ticker: HUYA

DouYu

Weight: 4.6%

Ticker: DOYU

AfreecaTV

Weight: 4.4% Ticker: 067160.KS

Ubisoft

Weight: 3.9% Ticker: UBI.FP

Sea

Weight: 3.9%Ticker: SE

Take-Two

Weight: 3.9% Ticker: TTWO

ETF Top Holdings: NERD

As of 9/30/2020. Information is subject to change and is not a guarantee of future results.

ETF Performance: NERDNERD Growth of $10,000 Chart Since Inception

The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investmentreturn and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. Forthe most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually

redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage commissions will reduce returns.

For more information:

Website: roundhillinvestments.comTwitter: @roundhill

LinkedIn: Roundhill Investments

NERDRoundhill Esports & Digital Entertainment ETF