Sprott Uranium ETFs $URNM $URNJ Offer Exposure to Key Clean Energy Fuel Amid Bull Market
The global renewable energy landscape, spurred by the green transition, is marked by growing demand for a number of commodities. Among those, there are two key materials particularly gaining traction: uranium and copper. This trend is intricately linked to the worldwide shift toward zero-carbon emissions and the pursuit of more reliable and efficient energy sources.
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00:00The Sprott Uranium Miners ETF, which is trading under the symbol URNM, seeks to invest at
00:08least 80% of its total assets in securities of the North Shore Global Uranium Mining Index
00:14– URNMX, which is an index designed to track the performance of companies that devote at
00:20least 50% of their assets to the uranium mining industry.
00:25With this ETF, there is also exposure to physical uranium as well with an allocation
00:30to their Uranium Trust.
00:32With the Sprott Junior Uranium Miners ETF, trading under the symbol URNJ, seeks to provide
00:38investment results that correspond generally to the total return performance of the Nasdaq
00:42Sprott Junior Uranium Miners Index, an index that is designed to track the performance
00:47of mid-cap and micro-cap companies in uranium mining-related businesses.
00:52Uranium, the fuel that powers nuclear energy, is critical to the clean energy transition.
00:58This element can help provide cheap, consistent, and green energy.
01:02As demand rises sharply, this has set off a new uranium bull market.
01:06Before investing, consider the fund's investment objectives, risks, charges, and expenses contained
01:12in the prospectus available at SprottETFs.com.
01:15For traders looking to gain exposure to one of today's most critical sources of fuel,
01:19the Sprott Uranium Miners ETF and the Sprott Junior Uranium Miners ETF may provide the
01:24vehicles they are looking for.