WisdomTree adds lithium and cobalt to energy transition ETCs

Trading volumes increased

clock • 1 min read

WisdomTree has added lithium and cobalt to its energy transition range of ETCs, as a result of increased trading volumes of both minerals.

There is now sufficient volume to introduce these two materials into WisdomTree Energy Transition Metals (WENT) and WisdomTree Battery Metals (WATT) due their fit with the respective strategies, the fund manager said. WisdomTree and ETFS Capital face off over performance concerns However, lithium and cobalt trade volumes remain low in comparison to other metals, WisdomTree said. Therefore, the indices' methodologies constrain the weights assigned to these two materials, which currently have target weights at rebalances for lithium and cobalt of 2.5% and 0.5%, respectively. W...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot