An power revolution is underway, driving an enormous demand for the lithium-ion batteries used to energy electrical autos, client electronics, and the power storage {industry}. That, in flip, is fueling demand for the lithium, nickel and cobalt which might be essential to manufacturing batteries. Might corporations that mine these metals be the largest potential winners?
Be part of our panel of specialists for an enlightening dialogue on the possibly thrilling funding alternative in battery metals mining. We are going to talk about:
- A macro view of the funding alternative within the mining of battery metals: lithium, nickel and cobalt
- The standards that S&P Dow Jones Indices makes use of to pick corporations within the S&P International Core Battery Metals Index
- An introduction to ProShares S&P Core Battery Metals ETF (ION), the primary ETF to speculate solely in corporations mining battery metals
CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credit have been utilized for and are pending approval.
Sponsored by
Simeon Hyman, CFA®
International Funding Strategist, Head of Funding Technique
ProShares
Kieran Kirwan, CAIA
Director, Funding Technique
ProShares
Gareth Taylor
Commodities Product Specialist
S&P International Market Intelligence
Mo Sparks – Host
Director, Alternate Traded Merchandise
New York Inventory Alternate
Investing includes threat, together with the attainable lack of principal. This ProShares ETF is topic to sure dangers, together with the danger that the fund could not monitor the efficiency of the index and that the fund’s market worth could fluctuate, which can lower efficiency. Please see abstract and prospectuses for a extra full description of dangers. There isn’t a assure any ProShares ETF will obtain its funding goal.
Firms engaged in battery metals mining are topic to varied dangers, together with: adjustments within the provide of and demand for battery metals; worth adjustments ensuing from inflation and inflation expectations; provide chain and different disruptions because of altering world occasions, financial situations and political dangers; forex fluctuations; regulatory and legislative scrutiny of the environmental influence of battery metallic mining; and dangers related to the event of mineral deposits.
The index theme will not be the first driver of firm, index or fund efficiency. Firms within the index could have important unrelated enterprise strains, which might have a major damaging influence on firm, index and fund efficiency.
Investments in non-U.S. securities could contain dangers completely different from U.S. securities, together with dangers from geographic focus, variations in valuation and valuation instances, unfavorable fluctuations in forex, variations in usually accepted accounting rules, and from financial or political instability.
Investments in rising markets usually are much less liquid, extra risky and riskier than investments in additional developed markets and are thought of to be speculative.
Investments in smaller corporations usually exhibit greater volatility. Small- and mid-cap corporations could have restricted product strains or sources, could also be dependent upon a selected market area of interest and should have higher fluctuations in worth than the shares of bigger corporations. Small- and mid-cap corporations could lack the monetary and personnel sources to deal with financial or industry-wide setbacks and, because of this, such setbacks might have a higher impact on small- and mid-cap safety costs.
This ProShares ETF is non-diversified and concentrates its investments in sure sectors. Nondiversified and narrowly centered investments usually exhibit greater volatility.
Shares of any ETF are usually purchased and offered at market worth (not NAV) and should not individually redeemed from the fund. Brokerage commissions will cut back returns.
Rigorously think about the funding goals, dangers, expenses and bills of ProShares earlier than investing. This and different info will be discovered of their abstract and full prospectuses. Learn them fastidiously earlier than investing.
The “S&P International Core Battery Metals Index” is a product of S&P Dow Jones Indices LLC and its associates and has been licensed to be used by ProShares. “S&P®” is a registered trademark of Commonplace & Poor’s Monetary Providers LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed to be used by S&P Dow Jones Indices LLC and its associates. ProShares haven’t been handed on by S&P Dow Jones Indices LLC and its associates as to their legality or suitability. ProShares primarily based on the “S&P International Core Battery Metals Index” should not sponsored, endorsed, offered or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective associates, they usually make no illustration relating to the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES.
ProShares are distributed by SEI Investments Distribution Co., which isn’t affiliated with the funds’ advisor or sponsor.
