VanEck Launches Green Metals ETF To Expand Investor Access to the Energy Transition
GMET provides global exposure to companies with economic exposure to metals key to supporting increasing demand for green energy
鈥淣ew technologies, from electric vehicles to offshore wind farms, cannot function without green metals such as lithium, copper, zinc and manganese. As governments around the world mandate and consumers embrace these shifts to lower carbon approaches, demand for these metals is only expected to increase,鈥� said
VanEck notes that the share of demand for green metals is poised to be driven by an increase in clean energy projects and advancements in the decades to come. For example, according to the IEA, as of 2020, clean energy efforts drove
鈥淭hose trends are key to note, but the green metals story is not just one of supply and demand,鈥� added Rakszawski. 鈥淚n the transition to a low carbon economy, we are poised to see a shift in geographic influence as countries like
GMET seeks to track as closely as possible, before fees and expenses, the price and yield performance of the , a rules-based index offering exposure to companies involved in the production, refining, processing and recycling of metals used in applications, products and processes that enable to energy transition.
鈥淲e are pleased to provide the index to VanEck鈥檚 new ETF. Our new and innovative index builds on MVIS鈥� long history of providing investable benchmarks for investors seeking exposure to companies involved in natural resources industries. The index provides investors a tool to target their commodity exposure on companies involved in mining, recycling, or producing the raw materials that facilitate the world鈥檚 transformation to clean energy,鈥� said
GMET is listed on the NYSE Arca and has a net expense ratio of
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Important Disclosures
MV Index Solutions (MVIS庐) develops, monitors and markets the MVIS Indices, a focused selection pf pure-play and investable indices designed to underlie financial products. They cover several asset classes including hard assets and the internal equity markets as well as fixed income markets. MVIS is the index business of VanEck, a
Investments in companies involved in the production, refining, processing and recycling of green metals used to facilitate the energy transition from fossil fuels to cleaner energy sources and technologies are subject to a variety of risks. Under certain market conditions, the GMET may underperform as compared to funds that invest in a broader range of investments. There may be significant differences in interpretations of what is considered a "green" metal and the definition used by the Index Provider may differ with those used by other investors, investment advisers or index providers. Additionally, there may also be a limited supply of companies involved in green metals, which may adversely affect GMET.
An investment in GMET may be subject to risks which include, among others, risks related to investing in green metals, clean energy companies, regulatory action and changes in governments, rare earth and strategic metals companies, Australian, Asian issuers and Chinese issuers, investing through stock connect, foreign securities, emerging market issuers, foreign currency, basic materials sector, mining industry, small- and medium-capitalization companies, cash transactions, equity securities, market, operational, index tracking, authorized participant concentration, new fund, absence of prior active market, trading issues, passive management, fund shares trading, premium/discount and liquidity of fund shares, non-diversified, and concentration risks which may make these investments volatile in price or difficult to trade. Small- and medium-capitalization companies may be subject to elevated risk.
You can lose money by investing in the ENVAX. Any investment in ENVAX should be part of an overall investment program, not a complete program. An investment in ENVAX may be subject to risks which include, among others, investing in derivatives, equity securities, emerging market securities. environmental-related securities, foreign currency transactions, foreign securities, investments in other investment companies, management, market, new fund risk, non-diversification, operational, sectors, small and medium capitalization companies, special purpose acquisition companies. Small- and medium-capitalization companies may be subject to elevated risks.
Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit . Please read the prospectus and summary prospectus carefully before investing.
1 Source: IEA (2021), The Role of Critical Minerals in Clean Energy Transitions, IEA,
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Source: VanEck
