Media Release: 2 ETFs to invest in now ahead of Tesla’s ‘Battery Day’ announcement (NASDAQ: TSLA)
Sep 21, 2020
Tesla’s widely-anticipated ‘Battery Day’ is coming up on Tuesday, Sept. 22, and investors and analysts expect a good show at the stock markets.
Kanish Chugh, Co-Head of Sales, ETF Securities comments: “Tesla will host a live webcast for the Tesla “Battery Day,” a first-time-ever promotional event linked to the company’s annual shareholder’s meeting at its Fremont, California, factory. We believe these announcements will reinforce Tesla’s position as a technology leader.
“Tesla recorded a 500% surge this year and, with its latest advances in battery technology, it is anticipated that the company’s stock may surge ahead on the stock markets.
“Investors can participate in this innovative stock and benefit from higher return by investing via these two ETFs provided by ETF Securities, which provide exposure to Tesla:
The ETFS Battery Tech & Lithium ETF (ASX Code: ACDC) offers investors exposure to the energy storage and production megatrend including companies involved in the supply chain and production for battery technology and lithium mining. The fund has a 5.93% exposure to Tesla as at 18th September.
The ETFS FANG+ ETF (ASX Code: FANG) provides investors simple exposure to ten global innovation leaders including Facebook, Amazon, Netflix, Google and Tesla. The fund has a 17.01% exposure to Tesla as at 18th September.
About ETF Securities
ETF Securities Australia is the independent champion of specialist ETF solutions. Our growing range of cost-effective and innovation-led ETFs are built to help investors and their advisers achieve better investment outcomes by providing access to yield, thematic equity themes and commodities.
Our specialist multi-asset range goes beyond traditional ‘core’ to help optimise opportunities around enhanced core and satellite exposures. From offering the potential to boost growth, to improving income or aiding greater portfolio diversification, our versatile solutions help make a difference.
Beyond our range of specialist ETFs, we remain committed to acting as an ETF consultant to Australian advisers and investors by providing actionable investor knowledge to help them use ETF solutions more effectively.
For all media queries please contact:
Simrita Virk at Shed Connect
M: 0434 531 172
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