ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. CHRG Targets EV Materials and Battery Energy Storage
News
Share

CHRG Targets EV Materials and Battery Energy Storage

James ComtoisJan 05, 2023
2023-01-05

Element Funds, a new investment firm providing access to the critical metal inputs at the core of the renewable economy, launched its inaugural exchange traded fund, the Element EV, Solar & Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures Strategy ETF (CHRG ). The ETF will provide actively managed exposure to the core commodities essential to the production of electric vehicles (EVs), battery energy storage systems (BESS), and other renewable infrastructure.

CHRG will reflect industry demand for the key metals, and will invest in financial instruments linked to lithium, nickel, copper, and cobalt. Element co-founders John Raymond and John Calvert, principals at the natural resources-focused private equity firm, The Energy & Minerals Group (EMG), will manage the fund.

Through 2030, an estimated $1.2 trillion is expected to be spent to both develop and produce electric vehicles alone, from mining and refining the raw materials, to manufacturing the batteries. The global economy is projected to require more than 200 new mines and plants over the next decade to supply the raw materials needed for this massive energy expansion.

CHRG will provide investors of all classes with institutional-quality exposure to the futures contracts of commodities — such as lithium, cobalt, nickel, and copper — key to the shift to a net-zero carbon renewable economy.

By directly accessing the futures of the elements crucial to EV and BESS technology, CHRG will not be beholden to stock price fluctuations based on factors unrelated to the demand of the underlying metals. This will prevent investors from being hampered by company-specific factors such as political, permitting, construction, operations, balance sheet, and management risks. Plus, CHRG being actively managed will help navigate the changing nature of technology in the renewable energy sector.

“Over the past several years, we’ve seen enormous investor demand in strategies linked to the EV and renewables revolution,” said William McDonough, CEO and co-founder of Element Funds, in a news release. “However, critical metals are not an investment that you can set and forget. We will utilize our global experience to continuously monitor and re-evaluate CHRG’s portfolio allocations and weighting based on real-time industry developments.”

Raymond, CEO of EMG, added: “In the decades of experience that we have accumulated managing private market strategies in this space, we have become acutely aware of the necessity of an active approach to investing in the raw materials at the foundation of the renewable energy economy. Our experience confirms that accessing these specific metals requires a deep knowledge in the exploration, mining, processing, and end-use application lifecycle, and we’re excited to bring investors a means of accessing this market.”

For more news, information, and analysis, visit VettaFi| ETFDB.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Feb 02

Stepping Into the ETF Business? Think Twice

Feb 02

A Week of Turning Points

Feb 02

An Advisor's Guide to the Night Effect

Feb 02

ExxonMobil Ends 2022 With Free Cash Flow

Feb 02

Fundamentals ETF IRBA Helps Avoid "Fool's Gold" Rallies

Feb 02

Quality International Dividends Can Tame Volatility

Feb 02

A Good Time for a Risk Check-up

Feb 02

Easing Energy Prices Warrant an Equal Weight Strategy

Feb 02

Americans Predict Volatility in 2023: Hedge With DBMF

Feb 02

Multi-Strategy Alternative ETF Launch From First Trust

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

SOXX

iShares Semiconductor ETF

BLOK

Amplify Transformational Data...

META

Roundhill Ball Metaverse ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X