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Global X Lithium ETF Stock Quote & Summary Data

(ETF)
LIT 
$13.5
*  
0.31
2.24%
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*Delayed - data as of Jul. 31, 2014  -  Find a broker to begin trading LIT now


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Description

The Global X Lithium ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Lithium Index ("Underlying Index"). The Underlying Index is free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure broad based equity market performance of global companies involved in the lithium industry. The three largest stocks were SQM, FMC Corporation and Rockwood Holdings. The Fund will use a replication strategy. A replication strategy is an indexing strategy that involves investing in the securities of the Underlying Index in approximately the same proportions as in the Underlying Index. The Fund will normally invest at least 80% of its total assets in the securities of the Underlying Index and in depositary receipts based on the securities in the Underlying Index.


Underlying Index Solactive Global Lithium Index
Management Fee 0.75
Asset Class Equity
Leverage 1

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