Energy Transition Metals ETF
- International shares
Invest in metal producers powering the clean energy transition.
Overview
Fund objective
XMET aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of global companies in the Energy Transition Metals (‘ETMs’) industry. ETMs are raw materials that are essential to the transition to a less carbon-intensive economy.
XMET provides exposure to global producers of copper, lithium, nickel, cobalt, graphite, manganese, silver and rare earth elements.
Benefits of XMET
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Long-term growth potential
The transition from fossil fuels to clean energy solutions is driving growth in a range of disruptive products and processes such as renewable energy generation, battery storage solutions, and electric vehicles, all of which are critically dependent on the select group of ETMs that XMET provides exposure to.
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Exposure to a range of ETMs
XMET provides global exposure to ‘pure play’ producers1 of a range of ETMs as well as other companies involved in the recycling and processing of these raw materials.
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Favourable supply/demand dynamics
Producers of ETMs stand to benefit from a projected increase in demand for ETMs coupled with constrained global supply.
1 ‘Pure play’ companies are considered to be those with a significant percentage of their revenue derived from a single ETM commodity.
There are risks associated with an investment in XMET, including market risk, international investment risk, commodity price and ETM company related risks, and concentration risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like any share on the ASX.
- Fund requires no minimum investment.
Key facts
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
* Data is delayed by at least 20 minutes.
| NAV | |
|---|---|
| NAV/Unit* | $6.95 |
* As at 29 November 2023
Profile
| Net assets* ($A) | $20,158,570 |
|---|---|
| Units outstanding* (#) | 2,900,472 |
| Management fee and cost** (p.a.) | 0.69% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Registry | Link Market Services |
* As at 29 November 2023
* As of close of previous day**Certain additional costs apply. Please refer to PDS.
Trading information
| Bloomberg code | XMET AU |
|---|---|
| IRESS code | XMET.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Nasdaq Sprott Energy Transition Materials Select Index |
|---|---|
| Index provider | Nasdaq |
| Index ticker | N/A |
| Bloomberg index ticker | METALANR Index |
Holdings & allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| WHEATON PRECIOUS METALS CORP | 6.5% |
| KGHM POLSKA MIEDZ SA | 6.1% |
| ANTOFAGASTA PLC | 5.6% |
| SUMITOMO METAL MINING CO LTD | 5.3% |
| LYNAS RARE EARTHS LTD | 5.3% |
| LUNDIN MINING CORP | 5.3% |
| FREEPORT-MCMORAN INC | 5.3% |
| SOUTHERN COPPER CORP | 5.1% |
| BOLIDEN AB | 4.9% |
| PILBARA MINERALS LTD | 4.4% |
* As at 1 December 2023. Excludes cash
Sector allocation
| Materials | 95.5% |
|---|---|
| Industrials | 4.5% |
* As of 31 October 2023
Country allocation
| Australia | 17.3% |
|---|---|
| United States | 15.4% |
| Chile | 14.8% |
| Canada | 8.1% |
| Japan | 6.0% |
| Brazil | 5.9% |
| Poland | 5.9% |
| Mexico | 5.3% |
| Sweden | 4.9% |
| Other | 16.4% |
* As of 31 October 2023
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -8.96% | -8.94% |
| 3 months | -19.77% | -19.75% |
| 6 months | -17.02% | -16.91% |
| 1 year | -11.99% | -11.66% |
| 3 year p.a. | - | 17.43% |
| 5 year p.a. | - | - |
| 10 year p.a. | - | - |
| Since inception (p.a.) | -13.73% | -13.39% |
| Inception date | 26-Oct-22 | - |
* As at 31 October 2023.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| Distribution frequency | At least annually |
|---|---|
| 12 mth distribution yield* | 0.7% |
*As at 31 October 2023. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.047838 | - |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | - | - |