The U3O8 ETF invests in capitalizing on the growing interest in uranium

There’s a new bull market for uranium on the way to race against net zero emissions, and that’s something Sprott Uranium Miners UCITS ETF – Acc (U3O8 ETF) Aims to provide exposure to.

Sprott Uranium Miners UCITS ETF (U3O8) It seeks to provide investors with a way to invest in the growth of nuclear energy through exposure to uranium miners. This includes companies involved in the uranium industry, which includes mining, exploration, development and production uranium.

The fund is also authorized to invest in units containing proceeds of uranium, uranium or other non-mining assets.

Managers believe that these companies can benefit from from nuclear energy Increasing contribution to the green energy transition.

Description of HANetf Sprott Uranium Miners UCITS ETF Acc

HANetf Sprott Uranium Miners UCITS ETF Acc Invests in stocks with a focus on the world. Dividends are reinvested in the fund (accumulated).

The total cost ratio is 0.85% per annum. The fund replicates the result of the underlying index by buying all the components of the index (full iteration). HANetf Sprott Uranium Miners UCITS ETF Acc It is a very small ETF with assets of £1 million under its management. U3O8 ETF is less than 1 year old and based in Ireland.

Why invest in an ETF URNM Uranium Miners?

Uranium miners may be ready to capture market share in the energy sector: Global demand for electricity is growing rapidly, demonstrating a clear need for efficient, clean and cost-effective energy. Uranium miners are underrepresented in the energy stock industry, which is an upward prospect. Uranium mining has been below demand for reactors for decades, leaving a supply gap.

Uranium and nuclear energy can play a critical role in the transition to clean energy: Nuclear energy is more reliable, efficient, clean, safe and relatively safe than other energy sources. Given the race against net zero, government policy is changing in favor of nuclear power, an ideal complement to renewables.

A new bull market for uranium is underway, encouraging mining companies and investors: Existing uranium supplies may not meet future demand, encouraging other uranium buyers to enter the market. The operations are expected to accelerate uranium purchases to ensure long-term supply and price security. The availability of secondary resources of uranium has decreased in recent years. The spot prices of uranium have recently risen, which contributes to driving a strong and sustainable economy for mining companies.

important risks

The uranium and nuclear industry may be affected by changes in government policies/regulations, security breaches, malicious acts of terrorism or natural disasters.

Mining/Exploration related activities can be capital intensive and require significant commitments to continue operations.

The results of the uranium companies may depend heavily on the base price of uranium, which can be volatile.

Uranium companies may have low market capitalization and low liquidity.

Uranium companies may be residing in underdeveloped markets and may be exposed to currency risk.

ETFs may have unique risks such as underlying risks and lower than expected liquidity.

investment strategy

The North Shore Sprott Uranium Miners Index tracks companies around the world that are engaged in uranium exploration, mining, and/or refining.

Trade the U3O8 ETF

HANetf Sprott Uranium Miners UCITS ETF Acc (U3O8 ETF) It is a European exchange-traded fund. This fund is traded on many different exchanges, such as Borsa Italiana, Deutsche Boerse 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.

menus

exchange Currency short name
XETRA euro U3O8
Italian Stock Exchange euro U3O8
London Stock Exchange GBP URNP
London Stock Exchange American dollar URNM

biggest possession

Guarantees Weight%
NAC Kazatomprom JSC 15.96%
Cameco . company 15.42%
sprout fund for physical uranium 11.40%
Paladin Energy Limited 5.10%
uranium energy company 4.67%
Yellow Cake PLC 4.54%
NexGen Energy Limited 4.53%
Denison Mines Corporation 4.05%
Energy Fuel Company 4.03%
CGN Mining Co., Ltd. 3.28%

Collectibles may change

Leave a Reply

Your email address will not be published. Required fields are marked *