Space ETF Monthly Report: Key Takeaways
- Portfolio company, Viasat, announces deal to acquire Inmarsat for $7.3 billion USD. [1]
- Airbus Ventures makes investment in Australian company, Q-Ctrl, to build space quantum-sensor software. [2]
- Pentagon contracts Lockheed Martin, Northrop Grumman, and Raytheon Technologies to develop hypersonic missile defence systems. [3]
- NASA eyes nuclear fission reactor on the moon by 2030. [4]
Please note that all performance figures are showing net data.
Macro Outlook
COP26 brought politicians, business leaders and celebrities from around the world together to share insights and visions on combatting climate change. While many of the participants focused on the importance of protecting planet Earth, the importance of space in the grand scheme was undeniable this year. In order to tackle the many challenges our planet faces from ongoing climate change, we must have the tools to track and measure change, and in many cases, satellites are critical in this process. Satellites are currently being used to track weather patterns and natural disaster, detect and quantify emissions, measure sea and ice levels, observe droughts and much more.
However, space industry roles in ensuring Earth’s safety do not simply end with observation. As global superpowers like China and Russia demonstrate satellite destroying capabilities and corporations look to ramp up space businesses via satellite launches, the need to protect Low Earth Orbit (LEO) is imperative. New investments in space debris monitoring, removal and mitigation will be essential to keep LEO safe and usable for decades to come. Looking beyond LEO, researchers also look to protect Earth from asteroids and meteors. As a result, investment is increasing in the areas of detection of these destructive menaces as well as deterrence. Just last month, NASA launched its DART mission to test our ability to redirect the course of an asteroid that could one day threaten life on Earth. [5] From the events of COP26, it has never been more apparent that we must empower the space industry if we wish to protect the beautiful planet that we call home.
Space ETF Performance (As of 30.11.2021)
|
|
1M
|
3M
|
6M
|
YTD
|
12M
|
SI
|
|
Procure Space UCITS ETF (Acc)
|
-9.71%
|
-13.14%
|
NA
|
-10.20%
|
NA
|
-10.20%
|
|
S-Network Procure Space Index
|
-9.67%
|
-12.92%
|
-9.71%
|
-9.74%
|
12.69%
|
-9.74%
|
Performance before inception is based on back tested data. Back tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. Source: Bloomberg / HANetf. Data as of 30/11/21. Please note that all performance figures are showing net data.
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