ETF 'MOON' Lists Thursday.
The Mirae Asset Space Tech Index is designed to track companies driving the growth and commercialisation of the global space economy. The index covers four sub-themes: rocket launch and reusable rockets, space tech and components, satellite telecommunications and data services, and space transportation, tourism and exploration.
To ensure focused exposure, companies must derive at least 50% of revenue from these areas (40% for existing constituents).
The index applies a market cap filter, requiring a minimum of USD 200 million for new companies and USD 160 million for existing constituents. The index uses a modified market cap weighting approach, capping the largest constituent at 20% and other constituents at 10%, with the aggregate weight of constituents above 5% capped at 40%.
The index is rebalanced quarterly, with monthly fast-track entry for significant IPOs, and distributions are paid semi-annually.
Fund_Flyer.pdf?utm_source=pardot&utm_medium=email&utm_content=moon-fund-flyer
www.globalxetfs.com.au
Find key fund details below.
Product InformationManagement Fees & Costs0.50% p.a.
BenchmarkMirae Asset Space Tech IndexFund FlyerDownload Here
X-Plained: How to Invest in Space Tech