Energy Transition Metals ETF

XMET

Invest in metal producers powering the clean energy transition.

Invest with us

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

  • 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.

  • 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.

  • 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* $8.90

* As at 20 May 2024

Profile

Net assets* ($A) $28,044,346
Units outstanding* (#) 3,151,430
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 20 May 2024

* 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 (%)
FIRST QUANTUM MINERALS LTD 6.1%
SOUTHERN COPPER CORP 5.8%
LUNDIN MINING CORP 5.7%
IVANHOE MINES LTD 5.5%
FREEPORT-MCMORAN INC 5.3%
ANTOFAGASTA PLC 5.1%
BOLIDEN AB 5.1%
WHEATON PRECIOUS METALS CORP 4.9%
SUMITOMO METAL MINING CO LTD 4.9%
LYNAS RARE EARTHS LTD 4.6%

* As at 21 May 2024. Excludes cash

Sector allocation

Materials
95.6%
Industrials
4.4%

* As of 30 April 2024

Country allocation

Canada
15.7%
Chile
15.0%
Australia
14.4%
United States
11.6%
Japan
5.9%
Zimbabwe
5.9%
Mexico
5.8%
Sweden
5.2%
Brazil
4.9%
Other
15.6%

* As of 30 April 2024

Performance

Fund returns after fees (%)

  Fund Index
1 month 10.37% 10.43%
3 months 21.35% 21.51%
6 months 20.68% 21.02%
1 year 0.15% 0.56%
3 year p.a. - 8.19%
5 year p.a. - -
10 year p.a. - -
Since inception 2.56% 3.02%
Inception date 26-Oct-22 -

* As at 30 April 2024.
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* 1.2%

*As at 30 April 2024. 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.

You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select ‘Reinvestment Plans'.

Recent distributions

Ex Date Record Date Payment Date Distribution Unit ($) Annual Distribution Return (%) (1)
2-Jan-24 3-Jan-24 17-Jan-24 $0.051121 -
3-Jul-23 4-Jul-23 18-Jul-23 $0.047838 -
3-Jan-23 4-Jan-23 18-Jan-23 - -

Announcements

ASX announcements: XMET

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