Tema Launches Space-Focused Exchange-Traded Fund

MT Newswires Live03-31

Tema ETFs said Tuesday it has launched an actively managed exchange-traded fund focused on the space economy.

The Tema Space Innovators ETF provides 10% direct exposure to SpaceX through a special purpose vehicle structure provided by Forge, a subsidiary of Charles Schwab (SCHW), the company said.

Fund holdings include AST SpaceMobile (ASTS), Rocket Lab (RKLB), Planet Labs (PL), EchoStar (SATS), and Intuitive Machines (LUNR), Tema ETFs said.

The ETF is listed on NYSE Arca with a gross expense ratio of 0.75%, according to the company.

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