Tema ETFs (“Tema”), the New York-based provider of innovative exchange traded funds (ETFs), has surpassed $1 billion in assets under management (AUM) in just two years since launch, achieved with less than $5m of initial seed AUM. Tema also announces the hiring of Devan O’Dowd as Head of Distribution and Ceri Llewelyn as Director of Marketing.

Three highlights to note:

1. Institutional Adoption: Tema estimates that over 90% of current AUM originates from Registered Investment Advisors (RIA), Institutional Investors, Wirehouses, Family Offices, reflective of Tema’s institutional-grade, fiduciary focused innovative ETF product offering.¹
2. 2025 Momentum: Tema’s two most recent launches, the Tema S&P 500 Historical Weight ETF Strategy ($DSPY) and the Tema Electrification ETF ($VOLT), have together raised over $700m AUM in less than eight months of 2025 with $4m of combined initial seed AUM.¹
3. Broad Growth: Five out of six Tema funds currently hold over $60m AUM each, while three funds hold over $100m AUM each, illustrative of broad investor demand across the platform.¹

“This early milestone would not have been possible without Tema’s team, backers and innovative execution. I am personally most impressed by the performance of most Tema funds as corroborated by their interim Morningstar rankings. As we now look to accelerate growth and expand our innovative solutions, I believe Devan and Ceri’s prior growth experience strengthen Tema for this growth phase,” said Maurits Pot, Founder and CEO of Tema ETFs.

To help drive the next phase of growth, Tema is strengthening its leadership team with two key appointments that bring growth experience in distribution and marketing.

Devan O'Dowd joins Tema from Global X ETFs, where he served as Regional Director and Vice President of Distribution, responsible for distribution efforts on the West Coast since 2016. Mr. O'Dowd began his career as part of the Advisor Sales Team in the Morningstar Development Program, the Chicago-based investment research firm and previously worked for Cedar Capital, an early leader in the ETF strategist space. He received his BA in Political Science at the University of Illinois at Urbana – Champaign, with additional studies in Environmental Economics and Law.

Ceri Llewelyn joins Tema from Direxion ETFs, where he served as Senior Vice President, Web Strategy & Innovation. Prior to Direxion, Mr. Llewelyn led the Digital Transformation Program at State Street Global Advisors (now State Street Investment Management). He brings deep expertise in building and transforming digital ecosystems, having begun his career on the agency side supporting prominent companies across a range of industries. He holds a Master of Business from Cardiff Metropolitan University.

For more information, please visit www.temaetfs.com

¹ Note: all market and fund data are as of 22-Aug-2025 from Bloomberg and all shareholder estimates are based on Broadridge, 13F and internal data. VOLT flows refer to flows between 03-Dec-2024 and 22-Aug-2025, and DSPY flows refer to flows between 01-Apr-2025 and 22-Aug-2025. All AUM thresholds are measured as of 22-Aug-2025. Flow is defined by Bloomberg as the calculated net value of all creation/redemption activity on the primary ticker of the share class. Institutional Grade qualification is premised on the >90% estimated institutional adoption of Tema's funds to date as of 22-Aug-2025 and the Institutional Background and Track Record of Tema's investment team.

About Tema ETFs

Tema ETFs is an active ETF investment manager founded in 2023 to empower investors with durable and strategic portfolio solutions spanning quality, core, thematics and alternatives. Tema is backed by Index Ventures, Accel Partners and over a dozen financials services CEOs and fintech founders. For more information, visit www.temaetfs.com

Risk Information

Investing involves risk, including the possible loss of principal. Carefully consider the Funds’ investment objectives, investment strategies, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ prospectus, which may be obtained by visiting www.temaetfs.com. Read the prospectus carefully before investing.

Industry Concentration Risk: because the Funds’ assets will be concentrated in an industry or group of industries, the Funds are subject to loss due to adverse occurrences that may affect that industry or group of industries.

Sector Focus Risk: The Funds may invest a significant portion of their 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 Funds anticipate that it may be subject to some, or all of the risks described below.

Investing in Foreign and emerging markets involves risks relating to political, economic, or regulatory conditions not associated with investments in U.S. securities and instruments. In addition, the fund is exposed to currency risk.

SEC registration does not imply a certain level of skill or training.

These include risks related to investments in small and mid-capitalization companies, which may be more volatile and less liquid due to limited resources or product lines and more sensitive to economic factors. Funds investments may be non-diversified, meaning its assets may be concentrated in fewer individual holdings than a diversified fund and, therefore, more exposed to individual stock volatility than diversified funds. Investments in foreign securities involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more develop countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. All investing involves risk, including possible loss of principal. Please see the prospectus for specific risks related to each fund.

Tema’s funds are distributed by Foreside Fund Services, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250825347849/en/

“This early milestone would not have been possible without Tema’s team, backers and innovative execution." said Maurits Pot, Founder and CEO of Tema ETFs.