VanEck Defense UCITS ETF
- Exposure to companies at the forefront of global defense industry
- Diversified access to the market leaders
- A transparent, convenient investment
Amid global uncertainty, the topic of security and defense returned to the financial investors’ minds. VanEck‘s Defense ETF provides investors with an opportunity to invest in the leaders of defense technologies, large-scale cybersecurity and providers of relevant services.
Risk: Investors in the Defense ETF may lose money up to the total loss of their investment due to the Main Risk Factors such as Industry or Sector Concentration Risk and Liquidity Risks as described in the KID and prospectus.
Jet engines were developed by the military in the 1940s for the jet fighters and have since been adapted for use in commercial aircraft, which have revolutionized air travel.
Global Positioning System, which is now commonly used in mobile devices for navigation, was originally developed by the US military for navigation and targeting purposes.
In 1937 a group of UK physicists built a first multi-cavity magnetron, an instrument capable of producting short waves, for the British and American military radar installations in World War II. In 1940, as the need in more precise measurments arose, English scientists invented a valve that for the first time could produce pulses of microwave radio energy at a wavelength of 10 cm – so-called microvawes. In 1945, the heating effect of a high-power microwave beam was accidentally discovered by Percy Spencer, an American engineer employed by Raytheon at the time. Raytheon later licensed its patents for the first home-use microwave oven produced in 1955.