HANetf and specialist investor Seraphim and have announced a partnership to launch the Seraphim New Space UCITS ETF, to provide investors exposure to companies leading the new space economy.
The ETF will be based on the Seraphim New Space index, a bespoke benchmark designed by the Seraphim team, targeting companies building low-cost, large-scale space infrastructure.
This will attempt to distinguish from what the team calls the “old space” economy, such as government-led missions or aerospace and defence company stocks.
At launch, it will have 23 companies with representative holdings including Seraphim’s Space Investment Trust, SpaceX and Rocket Lab, among others.
Mark Boggett, CEO of Seraphim Space, said: “The convergence of AI and SpaceTech, together with rising demand for connectivity, defence and sovereign capability, is creating one of the most compelling investment opportunities of the coming decade.
“Until now, investors have had limited ways to access that opportunity through public markets.”
Hector McNeil, co-founder and co-CEO at HANetf, added: “Mark and the Seraphim team bring deep and proven expertise, while the inclusion of the Seraphim Space Investment Trust gives investors indirect exposure to parts of the sector that remain privately held.
“This makes the ETF a particularly differentiated offering within the market.”
It will list on the London Stock Exchange under the ticker SPCE, as well as German and Italian exchanges under the ticker SERA.
See also: WisdomTree Space Economy ETF adds SpaceX ahead of the index
