WoodMac and WisdomTree launch new battery ETF on London Stock Exchange

March 03, 2020 / www.woodmac.com / Article Link

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Wood Mackenzie, in partnership with WisdomTree, has launched an exchange traded fund (ETF) providing investors with exposure to the growth in the demand for, and the usage of, energy storage technologies, and in particular batteries.

The fund tracks the WisdomTree Battery Solutions Index. The index stock selection is informed by Wood Mackenzie market intelligence. To be eligible for inclusion in the index, a security must be involved in one or more of the following parts of the value chain: raw materials, manufacturing, enablers (correlated technologies and complementary solutions) or emerging technologies. The index is both geographically and industrially diverse, and was designed to evolve with rapidly developing technology.

David Linden, Wood Mackenzie Director – Energy Transition Consulting, said: “This decade will be key for batteries. As they become cheaper and their deployment accelerates, they will advance the energy transition. Our integrated understanding of the constantly evolving battery value chain allows us to identify the sectors best positioned to take advantage of this opportunity.”

Rafi Aviav, WisdomTree Head of Product Development, Capital Markets and Technology, Europe,  said, “The combined expertise of WisdomTree and Wood Mackenzie brings investors intelligent access to a high growth, emerging sector. Batteries and, more broadly, energy storage solutions, are driving mobile computing, electric vehicles and more developments enabling new efficiencies and possibilities across industries. VOLT offers a uniquely refined access to this investment opportunity through intelligent allocation across the value-chain, tilting towards the highest growth sectors.”

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