GDFN
Tema International Defense Innovation ETF
📎 Investment Objective
The Tema International Defense Innovation ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Tema International Defense Innovation Index, which tracks the performance of companies involved in the defense and aerospace industries.
Overview
ETF tracking Tema International Defense Innovation ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tema International Defense Innovation ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Tema International Defense Innovation Index, which tracks the performance of companies involved in the defense and aerospace industries.
🎯 Investment Strategy
The ETF uses a passive management (or index-tracking) strategy designed to track the performance of the underlying index. The fund invests in a representative sample of the securities included in the index to seek to achieve its investment objective.
✨ Key Features
- Provides exposure to companies involved in the global defense and aerospace industries
- Diversified portfolio across different sub-sectors of the defense and aerospace markets
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Potential volatility due to the cyclical nature of the defense and aerospace industries
- Risks associated with investing in international and emerging market companies
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the global defense and aerospace industries as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon who are comfortable with the risks associated with the defense and aerospace sectors.
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