DISK — Tema Memory ETF

DISK Fund Overview

DISK — Tema Memory ETF is a US ETF managed by Tema ETF Trust, categorised as China Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Tema ETF Trust
• Category: China Growth Equity
• Ticker: DISK
• SEC CIK: 0001944285
• SEC series ID: S000105990
• Share class ID: C000276805

DISK Investment Objective and Strategy

Tema Memory ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tema ETF Trust.

Investment objective

Tema Memory ETF (the Fund) seeks to provide long-term growth.

Principal investment strategy

The Fund is an actively managed exchange-traded fund (ETF) that under normal circumstances seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks and American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) of publicly listed companies that Tema ETFs LLC (the Adviser) determines are Memory Companies. The Adviser defines a company as a Memory Company if: i) at least 50% of its annual revenue is derived from the design, development, manufacturing, production, distribution or sale of: (a) one or more of the following semiconductor memory products: - High bandwidth memory (HBM) technology, - Dynamic random-access memory (DRAM) technology, - Static Random Access Memory (SRAM), - Random Access Memory (RAM), - NAND (Not And) flash memory or solid-state drive (SSD) technologies that utilize NAND flash, - NOR (Not Or) flash technology, - Emerging memory types, such as Magnetoresistive Random Access Memory (MRAM) and Resistive Random Access Memory (ReRAM), - Hard Disk Drives (HDD), or - Specificality and embedded memory.

or (b) the equipment, materials, components or intellectual property used to design, manufacture, test or enable the above-listed semi-conductor memory products; or ii) its primary business is related to the development, design, distribution , or production of manufacturing/test equipment of one or more of the above-listed semiconductor memory products but it does not currently generate revenues. For purposes of this definition, a companys revenue is derived from (or related to) an activity if that revenue is generated by the activity, as reported in or reasonably attributable based on the companys financial statements and other public disclosures. Requiring that a majority of a companys annual revenue be derived from these memory-related activities is what establishes that the company is economically tied to the memory industry.

Memory Companies are: - Companies designing memory semiconductors - Companies manufacturing memory semiconductors - Semiconductor equipment, packaging, and testing companies selling to memory manufacturers - Optical interconnector companies - Memory semiconductor intellectual property (IP) companies - Electronic Design Automation (EDA) companies, which typically provide software, IP and services for designing and verifying complex chips including memory - Companies involved in the semiconductor supply chain that service memory companies - Companies making components and technologies that enable memory devices The Adviser will determine Memory Companies using internal research and analysis based on company disclosure (such as annual reports, regulatory filings, investor presentations, capital markets materials, and earnings transcripts) as well as other publicly available information, including industry publications, scientific literature, sell-side research, and proprietary data sources.

The Funds portfolio generally is expected to consist of more than 15 companies but not more than 100 companies. The number of portfolio companies may change depending on various factors including the number of companies available for investment that meet the Funds criteria. The Adviser constructs the Funds portfolio, by selecting from the eligible universe of Memory Companies those securities the Adviser believes offer the highest conviction and the most attractive risk/reward based on the analysis described above. The Adviser determines the size of each position based on factors including its degree of conviction, the securitys relative valuation, the securitys liquidity and market capitalization (the Fund generally invests in companies with a market capitalization of at least $100 million and a three-month average daily traded value of at least $500,000), portfolio diversification and risk management, and applicable regulatory and concentration limits.

The Fund may invest in micro-, small-, medium- and large capitalization companies. The Fund generally will invest in companies that have a market capitalization of at least $100 million and there is no upper limit on the market capitalization of a portfolio company. The Fund generally invests in companies that have at least a three-month average daily traded value of at least $500,000. The Fund also may invest in early-stage, development-phase, or recently public companies that may not yet generate meaningful revenues or profits. A significant portion of the Funds assets are expected to be invested in the United States, Europe, South Korea, Japan and China as well as securities of issuers located in emerging markets. The Adviser considers an emerging market to be a country with lower-to-middle income levels that meet specific criteria for market size, liquidity, and accessibility to international investors.

As of June 30, 2026, the following countries are deemed to be emerging markets: Brazil, Chile, Colombia, Mexico, Peru, Czech Republic Egypt Greece Hungary Kuwait Poland, Qatar, Saudi Arabia, South Africa, Turkey, UAE, China, India, Indonesia, South Korea, Malaysia, Philippines, Taiwan and Thailand. The Fund may invest in China A-shares (shares of mainland Chinaincorporated companies listed on the Shanghai and Shenzhen stock exchanges) through the Stock Connect programs. The Fund may invest, up to 15% of its net assets, in privately placed or restricted securities (including Rule 144A securities, which are privately placed securities purchased by qualified institutional buyers), illiquid securities and securities in which no secondary market is readily available, including those of private companies.

Issuers of these securities may not have a class of securities registered, and may not be subject to periodic reporting. These investments give rise to the risks described under Privately Placed and Restricted Securities Risk below. The Fund will concentrate its investments (i.e., hold more than 25% of its total assets) in a particular industry or group of industries specifically in information technology companies. The Fund is classified as a non-diversified investment company under the Investment Company Act of 1940, as amended (the 1940 Act) which means that it may invest a high percentage of its assets in a limited number of issuers. The Fund may lend portfolio securities to certain borrowers, provided that the borrowers post collateral at least equal to the current market value of the securities loaned.

The Fund receives the value of any interest earned on the collateral as well as the cash or non-cash distributions paid on the loaned securities. The Fund is actively managed and does not seek to track an index. The Adviser has discretion to select and weight the Funds investments in seeking to achieve the Funds investment objective. The Fund relies on the professional judgment of its Adviser to make decisions about the Funds portfolio investments. The basic investment philosophy of the Adviser is to seek to invest in companies within the aforementioned thematic universe that are attractively valued when compared to their fundamentals and growth opportunities. The Advisers security selection process for identifying companies within the aforementioned theme uses both top down idea generation (sector, theme, company research) and bottom up security selection (valuation, fundamental, quantitative, qualitative measures) approaches.

In practice top down idea generation means fundamental sector research, quantitative tools (for example screening based on metrics such as five-year historic revenue growth, margins, or returns on invested capital) and the Advisers own expertise, are used to narrow down the specific thematic research universe. Once this is defined bottom up security analysis involves the Adviser comparing valuation multiples (such as free cash flow yield, price to book ratio and price to earnings ratio or enterprise value to total invested capital, among others) to fundamental metrics (such as organic revenue growth, margins, returns on invested capital and equity, among others). Investments are deemed attractively valued when compared to fundamentals if the valuation multiples are below and fundamentals are above either (1) peers, (2) the companies own historic averages or (3) prospective forecasts (as determined by the Adviser).

Buttressing this is a detailed fundamental research profile of each company assessing business model, competitive edge, management incentives and track record, and balance sheet.

DISK Costs and Fees

DISK costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.75%

DISK Debt Constituents

No individual debt constituents are reported in Tema Memory ETF's latest SEC N-PORT filing.

DISK Prospectus and SEC Filings

Official Tema Memory ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-06-29

Related Funds

Other China Growth Equity funds tracked on ABC INVEST:

• Tema Space Innovators ETF (NASA)
• SoFi Emerging Markets Efficient Growth ETF (EMEG)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.