UFO: Investing in the space economy

Procure Space (Ticker symbol UFO) is a little known Exchange Traded Fund (ETF) available to average investors that is the only such vehicle focusing mainly on the space industry. Created by ProcureAM, LLC the ETF trades on the NASDAQ stock exchange. The objective of the fund is to track the S-Network Space Index which is designed to measure the performance of companies engaged in space-related industries. In the future, additional companies engaged in other space-related industries may emerge and be added to the index. These industries could include space colonization and infrastructure, among others.

Procure Space ETF (UFO) portfolio breakdown by industry sector and country. Graphic credit: ProcureAM