Global X Lithium & Battery Tech ETF LIT

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified.

ARCA:LIT - Post by User

Global X Lithium & Battery Tech ETF

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Post by DartStockon Dec 28, 2010 5:53pm

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Post# 17899698

Lower risk in growing demand area

Lithium may possibly become the new oil for the 21st century as more devices (and soon autos) rely on longer lasting batteries. This ETF is a great way to get in now to Lithium while keeping lower risk than owning one or two of the underlying stocks.

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