Future of Defence
Future of Defence UCITS ETF (NATO) provides exposure to the companies generating revenue from NATO and NATO+ ally defence and cyber defence spending. Global military spending is rising. In 2022, $2.2 trillion was spent on defence — the highest level ever recorded. With the ongoing geopolitical tensions, one area of growth is among European NATO members. But despite such record spending, most European NATO members are still lagging the 2% of GDP target. Simultaneously, we are seeing a sharp rise in cyber attacks by state-sponsored actors, necessitating the need for cyber defence, as well as physical defence.
Companies and brands
Investment details
Investment name:
Future of Defence UCITS ETF
ISIN:
IE000OJ5TQP4
Ticker:
NATP
Categories:
Risk level
Risk level:
Remember, your capital is at risk