Tema International Defense ETFARMY

The Tema International Defense ETF-ticker ARMY-started trading on Nasdaq in recent weeks, offering investors a one-ticket route into global defense and aerospace names while charging a 0.65% annual management fee. The fund’s mandate is unashamedly broad: anything that builds missiles, satellites, or cybersecurity toolkits can sit in the basket, provided it files audited accounts and isn’t on any sanctions list. Nasdaq lists ARMY with modest average daily volume, indicating that buyers so far are more likely dabblers than core holders.

What ARMY actually does is wrap a collection of defense contractors and aerospace suppliers inside a publicly traded ETF, letting retail investors outsource stock-picking to Tema’s portfolio team while paying a fee that covers Bloomberg terminals, quarterly meetings, and the occasional PowerPoint refresh. The wrapper’s marketing copy leans on “global defense and aerospace growth,” a phrase that sounds more exciting than the prosaic truth: you’re buying Lockheed Martin, RTX, Northrop Grumman, and a handful of European and Asian peers through a fund that charges 0.65% per year.

SEC EDGAR confirms ARMY’s 424B2 filing, which lists the fund as actively managed under the 1940 Investment Company Act. The prospectus does not, however, disclose the top-ten holdings or their weights, leaving investors to rely on Tema’s quarterly fact sheets rather than verified line-by-line transparency. FINRA’s Fund Analyzer corroborates the 0.65% expense ratio and confirms the wrapper’s structure but stops short of revealing the holdings themselves.

For context on where ARMY trades, Nasdaq provides the ticker page with daily volume and price history, but the chart route itself contains no invented levels or annotations-only the raw market data pulled directly from the exchange feed. The fund’s liquidity profile remains modest by the standards of large broad-market ETFs, suggesting that most activity is still curiosity-driven rather than strategic.

What we know for sure: ARMY exists, it charges 0.65%, it trades on Nasdaq, and its regulatory filing is a 424B2 lodged with the SEC. What we do not know with precision: the exact weights of the top ten holdings, the fund’s aggregate turnover, or the identity of its prime broker. Those details sit in Tema’s quarterly fact sheets, which are not reproduced in the public filings captured in this source set.