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XMET

ASX
7.34000 AUD
0.01
0.14%
Last update May 8, 1:10 PM AEST
Main market
Day range
7.26000
7.34000
Previous close
7.35000
Open
7.26000
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BetaShares Energy Transition Metals ETF
7.34
0.01
0.14%

Overview

Description

BetaShares Energy Transition Metals ETF is an exchange-traded fund specifically designed to track the performance of the global energy transition metals market. The primary function of this fund is to provide investors with exposure to a diversified portfolio of companies involved in the extraction, production, and processing of transition metals. These metals, which include lithium, cobalt, nickel, and copper, are crucial components in the development of renewable energy technologies and electric vehicles. The ETF caters to growing demand from sectors such as renewable energy, automotive, and energy storage, which are actively seeking to reduce carbon footprints and enhance sustainable practices. The significance of BetaShares Energy Transition Metals ETF in the market lies in its focus on facilitating the transition to a more environmentally sustainable energy system by investing in metals critical for green technology. This role underscores its importance in promoting an efficient and economically viable shift towards renewable energy solutions, offering investors an opportunity to participate in this transformative market trend. By positioning itself at the nexus of ecological innovation and finance, the ETF supports broader industry efforts in combatting climate change.

About

Address
Phone
+61 1300487577
Website
Instrument type
ETF
Country
Australia
MIC code
XASX
Main market

Exchange is currently active.
Closing in 1 hour 34 minutes

14:25
00:00
10:00
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).