U.S. Global Investors Lists Its WAR ETF on the Lima Stock Exchange, Giving Peruvian Investors Access to Defense and Technology Stocks
The WAR ETF, an affiliate product of the GOAU adviser U.S. Global Investors, is now listed on Peru's Lima Stock Exchange — the fourth U.S. Global ETF available to Peruvian investors and WAR's first listing outside the U.S. GOAU itself was listed on the BVL in December 2023 and is cited in the release as having been 'a great home' in Peru; the new listing does not change GOAU's holdings, strategy, or economics. The release frames the move around record global defense spending ($2.89 trillion in 2025 per SIPRI) and Peru's proposed $3.47 billion 2027 defense budget, positioning the theme for regional investors via the Nuam-linked exchange platform.
U.S. Global Investors Reports $3.1 Million in Net Income for Fiscal Year 2026
U.S. Global Investors (GROW) reported fiscal 2026 net income of $3.1 million, or $0.24 per share, a swing from a $334,000 loss ($(0.03) per share) the prior year, on total operating revenue of $10.3 million, up 21% year over year. The turnaround was driven by net investment income of $4.1 million — including a roughly $3.2 million non-cash gain on equity securities — and a 128% jump in advisory fees from its gold and natural resources funds, though the company still recorded a $603,000 operating loss. Period-end AUM rose 26% to $1.7 billion, and the actively managed WAR aerospace and defense ETF grew assets nearly sevenfold to $41.3 million from $6.1 million a year earlier. Capital return continued with 733,848 shares repurchased for about $2.0 million and a $0.0075 monthly dividend authorized through September 2026; the company ended the year with $24.3 million in cash, $35.7 million in net working capital, and no borrowings on its $1.0 million credit facility.
