EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
What is EVMT?
EVMT is an actively managed fund consisting of commodity-linked futures and other financial instruments that provide exposure to the various metals used to produce electric vehicles.
EVMT Factset Analytics Insight
EVMT is the first commodity ETF to offer access to electric vehicle (EV) theme by providing exposure to a group of metals commonly used in EV production. Such metals include cobalt, nickel, iron ore, aluminum, copper, zinc, and silver. The fund obtains its exposure either by directly investing in commodity-related assets (ETFs, mutual funds, and closed-end investments), or indirectly through its wholly-owned Cayman Island subsidiary (avoiding a K-1 at tax time). Investment in the subsidiary is expected to provide exposure to commodity futures and commodity-linked Instruments, and may not exceed 25% of the fund’s assets at each fiscal quarter end. The fund may hold cash, cash-like instruments or high-quality securities to collateralize its derivatives investments. Taking an active approach, EVMT has the potential to expand both the number and type of metals it holds as EV production and technology evolves.
EVMT Summary Data
Peers
Fund Flows
EVMT Portfolio Data
EVMT Index Data
EVMT Portfolio Management
EVMT Tax Exposures
EVMT Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EVMT. EVMT is rated a N/A out of 5.
EVMT Tradability
EVMT Sector Breakdown
Benchmark
EVMT Top 10 Targeted Commodity Weights
EVMT Performance Statistics
EVMT Tenor Strategy
EVMT is actively managed. Contract selection is at the discretion of the portfolio adviser.
EVMT Rolling Strategy
EVMT is actively managed. Contract selection is at the discretion of the portfolio adviser.
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
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