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 (NYSE Arca: 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…
