A-JEDI Fund Launches with Focus on Space Industry for Future Investment

Asset Plus Fund Management has launched the A-JEDI Space Innovators open-ended fund to meet investors looking for long-term growth opportunities in the space industry. Kamonlayos Sukhumsuwan, Chief Investment Officer, stated that the space industry is in its early growth stage with long-term expansion potential through integrating space technology with digital economics and future global infrastructure. The A-JEDI fund is designed to provide investors comprehensive access to space industry growth by investing through the VanEck Space Innovators UCITS ETF. The fund focuses on global space business stocks across upstream, midstream, and downstream sectors, including deep technology companies and those generating genuine commercial revenues. Kamonlayos explained that upstream and midstream investments will emphasize space infrastructure companies, such as satellite manufacturers, rocket and satellite service providers, and related technology developers like Rocket Lab and Globalstar. Downstream investments will target companies transforming space data and capabilities into economic value, including satellite communication businesses, satellite imagery analysis, and applications in defense and commercial sectors like AST SpaceMobile and Planet. A key highlight is the anticipated SpaceX initial public offering (IPO), expected in June. Analysts estimate the IPO could raise up to $50,000 million, potentially valuing the company at $1.7 trillion and becoming the largest IPO in stock market history, which could significantly accelerate overall space industry growth.