Optica Capital Launches Rare Earths and Critical Materials ETF (NYSE: CRIT)
2022年3月29日 - 9:00PM
ビジネスワイヤ(英語)
ETF invests in producers of
government-mandated, strategically vital materials, focusing on
minerals and metals deemed in critical or short supply
Optica Capital, a strategic and innovative financial firm that
designs, launches and manages themed indexes, announces the launch
of its first exchange-traded fund (ETF), the Rare Earths and
Critical Materials ETF (NYSE: CRIT).
Tracking the EQM Rare Earths and Critical Materials Index
(CRITNTR), CRIT features many of the minerals and materials deemed
by governments worldwide as being critical to their economic and
national security. The ETF will give investors access to growth
companies that produce these critical materials, including minerals
and metals that are essential in many consumer and industrial
sectors. These materials are used in the manufacturing of green
energy products such as electric vehicles, solar panels and wind
turbines; global communications technology, including satellites,
smartphones and computers; and national defense tools such as
submarines and fighter jets.
“When it came to powering the planet, the 19th century was the
century of coal and the 20th century was the century of oil,” said
Jerry Hicks, CEO of Optical Capital. “We believe the transition to
more environmentally positive measures and the vital input of
certain elements means that the 21st century will undoubtedly be
the century of green energy, underpinned by rare earths and
critical materials. This position is the foundation of the CRIT
ETF.”
The Fund is born from a recently updated United States
Department of the Interior list identifying certain minerals and
metals as critical to the economy, citizen well-being and national
security. Optica Capital also examined similar lists from
governments in the European Union, Canada and Australia.
Hicks added: “In recent weeks we have seen how vital and fragile
commodity supply chains are to countries. For example, due to
recent world events, the price of nickel has risen sharply and the
strategic supply of rare earths has become a major topic of
concern.”
The Fund also highlights the importance of the supply chain
process involving rare earths and critical materials that make up
some of the world’s most desired products.
“One example is electric vehicles, which have risen in
popularity across the globe,” said Derek Bone, chairman of Optica
Capital. “We are aiming to highlight the gaps between increasing
demand and deepening shortages of the critical supply of minerals
and metals like rare earths, copper, lithium and cobalt, which are
heavily relied upon in the EV and battery production process.
Considering that it usually takes over 10 years from the
announcement of discovery to add new minerals and metals into the
supply chain, we have an excellent theme for exposure to growth
opportunities.”
CRIT is made up of approximately 51 companies that meet
standards for the development, production and use of rare earths
and critical materials. The Optica team chose companies that align
with the rules of the Fund’s passive investment strategy. The Fund
seeks to withstand market volatility and to have a long-term
presence in portfolios. Additionally, the companies making up the
ETF share a common theme of supporting the worldwide “green energy”
movement.
“Gen X and millennials are major drivers of the world economy,”
said Ross Denford, director of funds management at Optica Capital.
“These generations were the first to support in large numbers the
theme of ‘going green.’ We identified the trends and volume behind
the movement.”
About Optica Capital
Optica Capital is a privately owned company based in Perth,
Western Australia, a major location for the production of numerous
strategic minerals and materials. Optica’s team, with decades of
collective experience in corporate advisory, fund management,
banking, mining and business development, works with strategic
partners to deliver innovative and tailored investment products for
a changing world. Optica has firsthand experience related to the
supply of critical minerals and how they will shape the planet’s
future. For more information on Optica Capital, please visit
www.opticacapital.com.
Carefully consider the Fund’s investment objectives, risk
factors, charges and expenses before investing. This and additional
information can be found in the Fund’s full or summary prospectus,
which may be obtained by visiting www.critetf.com. Read it
carefully before investing or sending money.
Risk Disclosures:
Investing involves risk, including possible loss of principal.
There is no guarantee the Fund will achieve its stated investment
objectives. In addition to the normal risks associated with
investing, international investments may involve risk of capital
loss from unfavorable fluctuation in currency values, from
differences in generally accepted accounting principles or from
social, economic or political instability in other nations.
Emerging markets involve heightened risks related to the same
factors as well as increased volatility and lower trading
volume.
The Fund’s concentration in an industry/sector or group of
industries/sectors will increase the impact of, and potential
losses associated with, the risks from investing in that
industry/sector or group of industries/sectors. The Fund will be
sensitive to, and its performance will depend to a greater extent
on, the overall condition of Rare Earth and Critical Materials
Companies. In addition to the normal risks associated with
investing, investments in smaller companies typically exhibit
higher volatility.
The Fund is non-diversified under the 1940 Act, meaning that, as
compared to a diversified fund, it can invest a greater percentage
of its assets in securities issued by or representing a small
number of issuers. As a result, the performance of these issuers
can have a substantial impact on the Fund’s performance. The Fund
is new and has limited operating history for investors to evaluate.
New and smaller funds may not attract sufficient assets to achieve
investment and trading efficiencies.
Exchange Traded Concepts, LLC serves as the investment advisor
to the Fund. The Fund is distributed by SEI Investments
Distribution Co (SIDCO). SIDCO is not affiliated with Exchange
Traded Concepts, LLC, Optica Capital, or any of its affiliates.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220329005275/en/
Rocco Aloe Gregory FCA for Optica Capital CRIT@GregoryFCA.com
610-860-2075
Exchange Traded (NYSE:CRIT)
過去 株価チャート
から 8 2024 まで 9 2024
Exchange Traded (NYSE:CRIT)
過去 株価チャート
から 9 2023 まで 9 2024