HANetf, the first in Europe White cardNote the issuer of the UCITS ETF with full service Sprott Uranium Miners UCITS ETF (Stock ticker: URNM) on the London Stock Exchange (LSE). The ETF is also listed on the Deutsche Börse Xetra Short name U3O8 She holds a passport for sale all over Europe.
This ETF strives to take advantage of the potential growth in demand for nuclear energy and uranium. To do this, URNM will track the North Shore Sprott Uranium Miners Index. This indicator will include companies involved in the uranium industry, which includes mining, exploration, development and production of uranium. The U3O8 ETF is also allowed to invest in units that you own physically uraniumor proceeds of uranium or other non-mining assets. Sprott is an expert in the uranium industry and oversees the US-listed ETF of approximately $1.5 billion and the Physical Uranium Fund of more than $3 billion under management.
The increase in nuclear energy production is likely driven by both the war in Ukraine and the upheaval of climate change. Nuclear power produces less carbon dioxide and corresponding emissions than all other forms of energy. It is already a major supplier of carbon-free energy. Nuclear power currently generates 10 percent of the world’s electricity supply, but more than 50 percent of the electricity is without carbon dioxide emissions. As a result, many believe that nuclear power will play a key role in facilitating the transition to net zero emissions.
Increased use of nuclear energy could mean increased demand for uranium, which could raise uranium prices. Higher uranium prices can improve the profitability of uranium mining companies, which can lead to a significant rise in stock prices.
John Ciampaglia, CEO of Sprott Asset Management commented: “The need for low-emissions energy is critical: Countries are committed to reducing carbon emissions as global demand for electricity increases and faces a lot of energy uncertainty from conventional fossil fuels. In addition, while renewables will certainly have their place in the The clean energy movement, many of which lack constant power generation with the primary load.
We believe that nuclear power can serve as a key solution to these energy and climate change initiatives. Uranium, the mainstay in nuclear power, will also benefit from this transition to nuclear power. But today there is a large supply deficit that must be addressed to meet future demand. This could help launch a new bull market for uranium prices and uranium mining stocks.”
Hector McNeill, co-CEO and co-founder of HANetf commented: “The twin crises of climate change and the Russian invasion of Ukraine demonstrate the dire need for Britain and other European countries to diversify their energy supplies. We have seen bold government commitments to curb global warming to 1.5°C, but that will require a revolution in how we generate our energy. While wind and solar power have stepped in Great strides and will be an essential part of electricity production in the future, it has become clear that nuclear energy production must also be part of the package of solutions.
By launching a uranium mining ETF, we hope to give investors access to this topic. At HANetf, we are proud to add to the European market funds that provide solutions for a cleaner and greener world, whether it’s from wind and solar, physical carbon dioxide emissions, electric vehicle infrastructure – and now nuclear power. URNM is the latest addition to our list of thematic UCITS ETFs, the most comprehensive range of all European ETF issuers. This is one of the many UCITS versions of successful existing US ETFs that HANetf has launched into the market in collaboration with US asset managers including EMQQjet planes JMLPAnd IB0Y And yoda. “
Trade the U3O8 ETF
Sprott Uranium Miners UCITS ETF (U3O8) It is a European exchange-traded fund. This fund is traded on many different exchanges, such as the German Stock Exchange Xetra and the London Stock Exchange. For this reason, different acronyms appear on the same ETF.
This means that it is possible to trade units in this ETF through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.