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Blair Hannon, the head of investment strategy at Global X ETFs, admitted its battery metal exchange-traded fund has suffered net outflows of $19 million year-to-date as investors take profits, after boom-fuelled years of inflows since the fund’s inception in 2018.

The Battery Tech & Lithium ETF (ACDC) has about 15 per cent of its net asset value in lithium miners, including Pilbara Minerals, Allkem, Livent and Mineral Resources, with battery manufacturers including LG Energy, Samsung and Toshiba, and EV leaders like Tesla, Volkswagen and BMW.

“When you buy this [ETF] you get all parts of the [supply chain] curve,” said Hannon. “Compared to a pure lithium fund it has outperformed. If you get something like ACDC, a sell-off in lithium prices benefits the other parts of the supply chain anyway. So, battery suppliers can buy lithium for less cost, and the lower lithium price obviously benefits electric vehicle manufacturers as well.”

<blockquote data-quote="Dona Ferentes" data-source="post: 1227536" data-attributes="member: 66457">Blair Hannon, the head of investment strategy at Global X ETFs, admitted its battery metal exchange-traded fund has suffered net outflows of $19 million year-to-date as investors take profits, after boom-fuelled years of inflows since the fund’s inception in 2018.The Battery Tech &amp; Lithium ETF (ACDC) has about 15 per cent of its net asset value in lithium miners, including Pilbara Minerals, Allkem, Livent and Mineral Resources, with battery manufacturers including LG Energy, Samsung and Toshiba, and EV leaders like Tesla, Volkswagen and BMW.“When you buy this [ETF] you get all parts of the [supply chain] curve,” said Hannon. “Compared to a pure lithium fund it has outperformed. If you get something like ACDC, a sell-off in lithium prices benefits the other parts of the supply chain anyway. So, battery suppliers can buy lithium for less cost, and the lower lithium price obviously benefits electric vehicle manufacturers as well.”</blockquote>

[QUOTE="Dona Ferentes, post: 1227536, member: 66457"] [SIZE=5]Blair Hannon, the head of investment strategy at Global X ETFs, admitted its battery metal exchange-traded fund has suffered net outflows of $19 million year-to-date as investors take profits, after boom-fuelled years of inflows since the fund’s inception in 2018.[/SIZE] The Battery Tech & Lithium ETF (ACDC) has about 15 per cent of its net asset value in lithium miners, including Pilbara Minerals, Allkem, Livent and Mineral Resources, with battery manufacturers including LG Energy, Samsung and Toshiba, and EV leaders like Tesla, Volkswagen and BMW. “[I][COLOR=rgb(65, 168, 95)]When you buy this [ETF] you get all parts of the [supply chain] curve[/COLOR][/I],” said Hannon. “[COLOR=rgb(65, 168, 95)][I]Compared to a pure lithium fund it has outperformed. If you get something like ACDC, a sell-off in lithium prices benefits the other parts of the supply chain anyway. So, battery suppliers can buy lithium for less cost, and the lower lithium price obviously benefits electric vehicle manufacturers as well.[/I][/COLOR]” [/QUOTE]

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