XMET - BetaShares Energy Transition Metals ETF

[Sean K]

I think the code is correct but will adjust as required. Not yet clear what else they're going to buy other than those listed in this article.

 

[frugal.rock]

End of Days 1

 

[peter2]

This ETF seems a reasonable thematic ETF as it's holdings truly reflect its aims.

Note: These holdings do change so if you're intending to hold this for the medium term keep an eye on them.

 

[Sean K]

This ETF seems a reasonable thematic ETF as it's holdings truly reflect its aims.
View attachment 148949
Note: These holdings do change so if you're intending to hold this for the medium term keep an eye on them.

This theme is generally how I'm trying to invest at the moment, plus gold - which I understand better, so it's on my radar. Not bought yet.

 

[peter2]

Price jumped significantly recently after the overnight price of copper spiked 13% higher. May be worth buying when the POC drops again. We may be waiting much longer for the POLi to drop.

 

[Dona Ferentes]

From the blurb : Energy Transition Materials are metals and raw materials that are essential to the transition to a less carbon intensive economy. These Materials are critical for the energy transition from fossil fuels to cleaner energy sources and technologies, and for the purpose of this Index include copper, lithium, nickel, cobalt, graphite, manganese, rare earths and silver. It is perceived there is growth in a range of disruptive products and processes such as renewable energy generation, battery storage solutions, and electric vehicles... .

Interesting play. A total of 36 companies with the last dozen each less than 1%. Management fees of 0.69%pa, which are a bit high. At present, as it is less than 2 weeks on the ASX, only $3million has flowed in. It will have to grow to be viable.

More at https://www.betashares.com.au/fund/energy-transition-metals-etf/

 

[peter2]

Interesting, huge volume day with approx 30x average volume done.

 

[Dona Ferentes]

Interesting, huge volume day with approx 30x average volume done.

Expect some change in fund size soon? From the fact sheet, at 11 July

Net assets* ($A)	$17,793,147
Units outstanding*	2,100,000