Roundhill China Magnificent Seven ETF (MAGC) is an actively managed exchange-traded fund structured to pursue capital appreciation by investing in a focused selection of seven prominent Chinese technology and innovation enterprises, recognized as the "China Magnificent Seven." The fund gains exposure to these leading companies through holdings of American Depositary Receipts (ADRs) or various synthetic derivative instruments, such as swap agreements. It aims for an equally weighted distribution across its portfolio components, subject to regular rebalancing. Initiated on October 3, 2024, the fund previously operated under the ticker DRAG as the Roundhill China Dragons ETF, adopting its current name and ticker on September 30, 2025.