Someone Made a "Magnificent Seven" ETF. It's a Terrible Idea.
The Roundhill Magnificent Seven ETF (NASDAQ: MAGS) is the type of investment product that sounds exciting, but that most investors should think twice about buying.
Here's what you need to know about this exchange-traded fund (ETF) before you make the mistake of buying something that isn't worth the price of admission.
This fund isn't a particularly complicated ETF. It owns the seven stocks that Wall Street has dubbed the "Magnificent Seven." The seven stocks?
Source Fool.com
