Tema Launches Memory ETF (DISK) and Photonics & Optical ETF (LAZR)

Launched in Partnership with SemiAnalysis, Targeting Critical Semiconductor & AI Infrastructure Bottlenecks.

NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced the launch of the Tema Memory ETF (DISK) and the Tema Photonics & Optical ETF (LAZR). DISK and LAZR are the first institutionally managed memory and photonics ETFs, launched in partnership with SemiAnalysis, the leading independent research firm specializing in semiconductors and AI infrastructure.

DISK and LAZR target companies at the leading edge of two critical AI bottlenecks: memory capacity and data interconnections. AI’s rapidly growing computational needs demand unprecedented capacity, speed, and performance across the semiconductor supply chain.

DISK offers high-conviction exposure to global memory companies, including leaders in NAND flash, High-Bandwidth Memory (HBM), DRAM, and hard-to-access Asian companies critical to the semiconductor supply chain. With surging memory demand, global memory chip revenue is forecast to more than triple from $216 billion in 2025 to $758 billion in 2027.¹

LAZR offers pure-play exposure to global photonics and optical technology companies. As AI increasingly challenges copper’s physical transmission capacity and speed, light-based technologies (photonics) become critical to moving data faster and more efficiently. The market opportunity tied to advanced AI data movement is forecast to grow ninefold between 2026 and 2028.²

“Memory and photonics sit at two of the most important frontiers in scaling AI infrastructure,” said Steve Munroe, President of Tema ETFs. “DISK and LAZR combine Tema’s active investment expertise with SemiAnalysis’ specialized semiconductor and AI infrastructure insights to deliver institutional-quality exposure to areas overlooked both by broad technology and semiconductor funds and narrow memory funds.”

DISK Fund Facts

Ticker	DISK
Exchange	NYSE
CUSIP	87975E750
Gross Expense Ratio	0.75%
Listing Date	June 30, 2026
Fund Website	temaetfs.com/DISK

LAZR Fund Facts

Ticker	LAZR
Exchange	NYSE
CUSIP	87975E743
Gross Expense Ratio	0.75%
Listing Date	June 30, 2026
Fund Website	temaetfs.com/LAZR

About Tema ETFs

Tema builds institutional-quality ETFs for a range of market environments, targeting structural growth, durable core, and liquid alternatives solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, Zinal Growth, and over a dozen financial services CEOs.

Sources:
¹Gartner, Apr 2026
²Goldman Sachs, 2026

Risk Information
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com. Read the prospectus carefully before investing.

Institutional-quality qualification is premised on the >90% estimated institutional adoption of Tema's funds to date as of Jun 29, 2026, and the institutional background and track record of Tema's investment team.

Diversification does not ensure profits or prevent losses.

Investing involves risk including possible loss of principal. There is no guarantee the fund's investment strategy will be successful.

Sector Focus Risk: The Fund may invest a significant portion of its assets in one or more sectors and thus will be more susceptible to the risks affecting those sectors than funds that have more diversified holdings across a number of sectors. The Fund anticipates that it may be subject to some or all of the risks described below.

Memory Companies Risk: The Fund invests in Memory Companies, which may have limited product lines, markets, financial resources or personnel and are subject to the risks of changes in business cycles, world economic growth, technological progress and government regulation. These companies are also heavily dependent on intellectual property rights, and challenges to or misappropriation of such rights could have a material adverse effect on such companies. Securities of Memory Companies tend to be more volatile than securities of companies that rely less heavily on technology. Memory Companies typically engage in significant amounts of spending on research and development, and rapid changes to the field could have a material adverse effect on a company’s operating results. Additionally, the development, manufacturing, and commercialization of semiconductor memory technologies, including HBM, DRAM, SRAM, RAM, MRAM, ReRAM and NAND, as well as related subsystems, equipment, materials, and services, are complex and evolving, and may face unforeseen technical challenges (including yield and integration issues), supply chain disruptions, intense competition and pricing volatility, regulatory developments (including export controls), and market acceptance uncertainties. As a result, investments in Memory Companies may be subject to higher levels of risk and volatility.

Semiconductor Companies Risk: The Fund invests in companies primarily involved in the development, design, distribution, manufacture and sale of semiconductors. Semiconductor companies are significantly affected by rapid obsolescence, intense competition and global demand. The Fund is also subject to the risk that the securities of such issuers may underperform the market as a whole due to legislative or regulatory changes. The prices of securities of semiconductor companies may fluctuate widely in response to such events.

Optical and Photonic Companies Risk: The Fund invests in Optical and Photonic Companies, which may have limited product lines, markets, financial resources or personnel and are subject to the risks of changes in business cycles, world economic growth, technological progress and government regulation. These companies are also heavily dependent on intellectual property rights, and challenges to or misappropriation of such rights could have a material adverse effect on such companies. Securities of Optical and Photonic Companies tend to be more volatile than securities of companies that rely less heavily on technology. Optical and Photonic Companies typically engage in significant amounts of spending on research and development, and rapid changes to the field could have a material adverse effect on a company’s operating results. Additionally, the development, design, manufacturing, and commercialization of optical and photonic technologies, as well as related subsystems, equipment, materials, and services, are complex and evolving, and may face unforeseen technical challenges (including integration, signal integrity, and manufacturing yield issues), supply chain disruptions, intense competition and pricing volatility, regulatory developments (including export controls on photonic and semiconductor technologies), and market acceptance uncertainties. The commercial adoption of optical interconnect and photonic technologies, including within data center and telecommunications infrastructure, is subject to the pace of broader industry transitions and capital expenditure cycles, which may be slower or more uneven than anticipated. As a result, investments in Optical and Photonic Companies may be subject to higher levels of risk and volatility.

Information Technology Sector Risk: Information technology companies face intense competition, both domestically and internationally, which may have an adverse effect on their profit margins. Like other technology companies, information technology companies may have limited product lines, markets, financial resources or personnel. Companies in the information technology sector are heavily dependent on patent and intellectual property rights. The loss or impairment of any of these rights may adversely affect the profitability of these companies or the Fund’s performance.

Tema ETFs LLC serves as the investment adviser to Tema Memory ETF and Tema Photonics & Optical ETF, and Tidal Investments LLC serves as a sub-adviser to the Funds. The Funds are distributed by Vigilant Distributors, LLC, which is not affiliated with Tema ETFs LLC nor Tidal Investments LLC. Check the background of Vigilant Distributors, LLC on FINRA’s BrokerCheck.