U.S. Global Investors Lists Its WAR ETF on the Lima Stock Exchange, Giving Peruvian Investors Access to Defense and Technology Stocks
Key Highlights
- ➤WAR ETF now listed on Peru’s Lima Stock Exchange, expanding U.S. Global’s local lineup
- ➤WAR becomes U.S. Global’s first ETF available outside the United States
- ➤WAR portfolio: 50% aerospace and defense, 30% semiconductors, 10% cybersecurity
- ➤Global military spending reached $2.89 trillion in 2025, its 11th consecutive annual increase
- ➤Peru’s proposed 2027 defense budget allocates 11.66 billion soles ($3.47 billion)
Expert Statements
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors
“Peru has been a great home for JETS, GOAU and SEA, and we’re excited to now give Peruvian investors access to what we believe is one of the most important investment themes of this decade”
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors
“Countries around the world are rebuilding defenses, and more and more of that money is going toward drones, satellites, artificial intelligence (AI) and cybersecurity. WAR is designed to capture both sides of that story, the traditional defense manufacturers and the technology companies that make modern defense possible.”
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors
“I’ve always said that government policies are a precursor to change, and defense budgets are one of the clearest examples”
Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors
“When governments commit to multi-year spending, that money flows to the companies building the equipment and the technology.”
San Antonio, TX, Oct. 22, 2026 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm known for its thematic ETFs,[1] is pleased to announce that its actively managed defense and technology ETF, the U.S. Global Technology and Aerospace & Defense ETF (NYSE: WAR), is now listed on Peru’s Bolsa de Valores de Lima (BVL), the Lima Stock Exchange.
WAR becomes the fourth U.S. Global ETF available to investors in Peru, joining the U.S. Global Jets ETF (NYSE: JETS), which listed in Lima in December 2020; the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), which followed in December 2023; and the U.S. Global Sea to Sky Cargo ETF (NYSE: SEA), which listed in November 2024. Peru is also the first market outside the U.S. where WAR is available.
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