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Wednesday, November 30, 2022

The Metals and Miners Essential to Battery Manufacturing


An power revolution is underway, driving an enormous demand for the lithium-ion batteries used to energy electrical automobiles, client electronics, and the power storage {industry}. That, in flip, is fueling demand for the lithium, nickel and cobalt which might be important to manufacturing batteries. May firms that mine these metals be the largest potential winners?

Be a part of our panel of consultants for an enlightening dialogue on the possibly thrilling funding alternative in battery metals mining. We are going to focus on:

  • A macro view of the funding alternative within the mining of battery metals: lithium, nickel and cobalt
  • The factors that S&P Dow Jones Indices makes use of to pick out firms within the S&P World Core Battery Metals Index
  • An introduction to ProShares S&P Core Battery Metals ETF (ION), the primary ETF to speculate solely in firms 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®

World Funding Strategist, Head of Funding Technique

ProShares

 

Kieran Kirwan, CAIA

Director, Funding Technique

ProShares

Gareth Taylor

Commodities Product Specialist

S&P World Market Intelligence

 

Mo Sparks – Host

Director, Alternate Traded Merchandise

New York Inventory Alternate

 

Investing includes threat, together with the doable lack of principal. This ProShares ETF is topic to sure dangers, together with the chance 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 is no such thing as a assure any ProShares ETF will obtain its funding goal.

Firms engaged in battery metals mining are topic to numerous dangers, together with: modifications within the provide of and demand for battery metals; worth modifications ensuing from inflation and inflation expectations; provide chain and different disruptions attributable to altering world occasions, financial circumstances 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 vital unrelated enterprise traces, which may have a major detrimental 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 occasions, unfavorable fluctuations in forex, variations in usually accepted accounting ideas, and from financial or political instability.

Investments in rising markets usually are much less liquid, extra unstable and riskier than investments in additional developed markets and are thought of to be speculative.

Investments in smaller firms usually exhibit greater volatility. Small- and mid-cap firms could have restricted product traces or assets, could also be dependent upon a specific market area of interest and should have better fluctuations in worth than the shares of bigger firms. Small- and mid-cap firms could lack the monetary and personnel assets to deal with financial or industry-wide setbacks and, consequently, such setbacks may have a better impact on small- and mid-cap safety costs.

This ProShares ETF is non-diversified and concentrates its investments in sure sectors. Nondiversified and narrowly targeted investments usually exhibit greater volatility.

Shares of any ETF are usually purchased and offered at market worth (not NAV) and will not be individually redeemed from the fund. Brokerage commissions will cut back returns.

Rigorously contemplate the funding goals, dangers, costs and bills of ProShares earlier than investing. This and different data may be discovered of their abstract and full prospectuses. Learn them fastidiously earlier than investing.

The “S&P World 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 Customary & Poor’s Monetary Companies 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 based mostly on the “S&P World Core Battery Metals Index” will not be sponsored, endorsed, offered or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective associates, and so they 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.

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