An energy revolution is underway, driving a huge demand for the lithium-ion batteries used to power electric vehicles, consumer electronics, and the energy storage industry. That, in turn, is fueling demand for the lithium, nickel and cobalt that are critical to manufacturing batteries. Could companies that mine these metals be the biggest potential winners?
Join our panel of experts for an enlightening discussion on the potentially exciting investment opportunity in battery metals mining. We will discuss:
A macro view of the investment opportunity in the mining of battery metals: lithium, nickel and cobalt
The criteria that S&P Dow Jones Indices uses to select companies in the S&P Global Core Battery Metals Index
An introduction to ProShares S&P Core Battery Metals ETF (ION), the first ETF to invest only in companies mining battery metals
CFP, CIMA®, CPWA®, CIMC®, RMA®, and AEP® CE Credits have been applied for and are pending approval.
Simeon Hyman, CFA® Global Investment Strategist, Head of Investment Strategy ProShares
Gareth Taylor Commodities Product Specialist S&P Global Market Intelligence
Mo Sparks – Host Director, Exchange Traded Products New York Stock Exchange
Investing involves risk, including the possible loss of principal. This ProShares ETF is subject to certain risks, including the risk that the fund may not track the performance of the index and that the fund’s market price may fluctuate, which may decrease performance. Please see summary and prospectuses for a more complete description of risks. There is no guarantee any ProShares ETF will achieve its investment objective.
Companies engaged in battery metals mining are subject to various risks, including: changes in the supply of and demand for battery metals; price changes resulting from inflation and inflation expectations; supply chain and other disruptions due to changing world events, economic conditions and political risks; currency fluctuations; regulatory and legislative scrutiny of the environmental impact of battery metal mining; and risks associated with the development of mineral deposits.
The index theme may not be the primary driver of company, index or fund performance. Companies in the index may have significant unrelated business lines, which could have a significant negative impact on company, index and fund performance.
Investments in non-U.S. securities may involve risks different from U.S. securities, including risks from geographic concentration, differences in valuation and valuation times, unfavorable fluctuations in currency, differences in generally accepted accounting principles, and from economic or political instability.
Investments in emerging markets generally are less liquid, more volatile and riskier than investments in more developed markets and are considered to be speculative.
Investments in smaller companies typically exhibit higher volatility. Small- and mid-cap companies may have limited product lines or resources, may be dependent upon a particular market niche and may have greater fluctuations in price than the stocks of larger companies. Small- and mid-cap companies may lack the financial and personnel resources to handle economic or industry-wide setbacks and, as a result, such setbacks could have a greater effect on small- and mid-cap security prices.
This ProShares ETF is non-diversified and concentrates its investments in certain sectors. Nondiversified and narrowly focused investments typically exhibit higher volatility.
Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing.
The “S&P Global Core Battery Metals Index” is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. “S&P®” is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and “Dow Jones®” is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the “S&P Global Core Battery Metals Index” are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding 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 is not affiliated with the funds’ advisor or sponsor.