Energy Transition Metals ETF
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
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.
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.
Invest in XMET with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 2,952,605 |
|---|---|
| Management fee and cost** (p.a.) | 0.69% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Registry | MUFG Corporate Markets |
* As at 24 January 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 24 January 2025 |
| NAV/Unit* | $7.75 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
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 |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -7.02% | -6.95% |
| 3 months | -5.34% | -5.17% |
| 6 months | 0.81% | 1.18% |
| 1 year | -0.08% | 0.56% |
| 3 year p.a. | - | -2.53% |
| 5 year p.a. | - | 15.22% |
| 10 year p.a. | - | - |
| Since inception (p.a.) | -3.04% | -2.54% |
| Inception date | 26-Oct-22 | - |
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.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| MP MATERIALS CORP | 9.1 |
| FIRST QUANTUM MINERALS LTD | 5.9 |
| SOCIEDAD QUIMICA Y MINERA DE C | 5.7 |
| SILVERCREST METALS INC | 5.5 |
| MAG SILVER CORP | 5.4 |
| LYNAS RARE EARTHS LTD | 5.4 |
| IGO LTD | 5.3 |
| SOUTHERN COPPER CORP | 5.1 |
| IVANHOE MINES LTD | 5.0 |
| LUNDIN MINING CORP | 4.9 |
Sector allocation
| Materials | 94.5% |
|---|---|
| Industrials | 5.5% |
* As of 31 December 2024
Country allocation
| Canada | 24.9% |
|---|---|
| United States | 16.0% |
| Chile | 15.2% |
| Australia | 14.2% |
| Zimbabwe | 5.9% |
| China | 5.0% |
| Mexico | 4.9% |
| Indonesia | 4.9% |
| France | 2.2% |
| Other | 6.9% |
* As of 31 December 2024
Distributions
Frequency and yield
| Distribution frequency | At least annually |
|---|---|
| 12 mth distribution yield* | 1.0% |
*As at 31 December 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-25 | 3-Jan-25 | 17-Jan-25 | $0.022516 | 0.67% |
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.025592 | 0.91% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.051121 | 1.21% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.047838 | - |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | - | - |
Announcements
ASX Announcements: XMET
Payment notice information
NRWT & fund payments
| Document | Date |
|---|---|
| 2024-06 | |
| 2023-12 | |
| 2024-12 |