TemaNew Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Tema has renamed the Tema Power Semiconductor ETF (SIC) as the Tema MLCC & PowerSemi ETF (PSOX), reflecting its investment focus on two critical components of AI infrastructure: multi-layer ceramic capacitors (MLCCs) and power semiconductors. MLCCs help regulate and stabilize power, while power semiconductors convert and control electricity. Tema views both technologies as emerging bottlenecks as AI infrastructure expands, positioning PSOX to capture growing demand for essential power-management components.
At a glance
- Beat
- Fund Updates
- Issuer
- Tema
- Region
- United States
- Filed
- 27 August 2026
Source: SEC Filings
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