NEW YORK, Sep 8, 2026 – Tema ETFs (“Tema”), a leader in actively managed exchange-traded funds, today announced that Anduril has been added as the top position in the Tema International Defense ETF (ARMY). As of the date of this release, Anduril represents 14.5% of ARMY’s net assets, and Tema intends to maintain the company as a top holding in the fund. Holdings are subject to change .
Tema is the first ETF issuer to offer pre-IPO exposure to four of the most sought-after private companies shaping their industries: Anduril (ARMY), Anthropic (LAZR), Kalshi (TOLL), and previously SpaceX (NASA).1
ARMY invests in international defense and modern warfare companies. The fund is the first institutionally managed defense ETF developed in research partnership with Agency Partners, a leading defense research boutique whose team brings more than three decades of industry experience.
“ARMY was designed to deliver exposure to leading defense companies benefiting from the secular, global rearmament trend,” said Maurits Pot, Founder and CEO of Tema ETFs. “Anduril has emerged as one of the fastest-growing and most innovative companies in defense, transforming modern warfare as countries embrace new technologies to address growing security threats."
Exposure to Anduril, Anthropic, and Kalshi is delivered through a special purpose vehicle (SPV), an established means of investing in private companies. ARMY does not charge any incremental management fee, performance fee, or brokerage fee on the Anduril exposure.
Tema builds ETFs for a range of market environments, offering structural growth and durable core solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, and over a dozen financial services CEOs.
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