URNM

Sprott Global Uranium Miners UCITS ETF - Acc

A new uranium bull market is underway, driven by the race to net zero

Get in Touch Download Investor Pack
Key Documents
Factsheet
As of 09/08/2022

The Sprott Uranium Miners UCITS ETF (URNM) seeks to provide investors with a way to invest in the growth of nuclear power through exposure to uranium miners. This comprises companies involved in the uranium industry, spanning the mining, exploration, development and production of uranium.

The Fund is also permitted to invest in entities that hold physical uranium, uranium royalties or other non-mining assets.

We believe these companies may stand to benefit from nuclear power’s increasing contribution to the green energy transition.

Please remember that the value of your investment may go down as well as up and past performance is no indication of future performance.

Want to keep updated about URNM and our other products?

Subscribe for updates

Why Invest in URNM Uranium Miners ETF?

Uranium Miners May Be Poised to Take Market Share Within the Energy Sector:

Global demand for electricity is growing rapidly, presenting a clear need for efficient, clean and cost-effective energy. Uranium miners are under-represented across the energy equity sector, posing upside potential. Uranium mining has been lower than reactor demand for decades, leaving a supply gap. (https://www.eia.gov/todayinenergy/detail.php?id=44416)


Uranium and Nuclear Energy May Be Critical to the Clean Energy Transition:

Nuclear energy is relatively more reliable, efficient, clean, safe and secure than other energy sources. Given the race to net zero, government policies are shifting in favour of nuclear energy, an ideal complement to renewable energy sources. (https://www.iaea.org/newscenter/pressreleases/iaea-releases-report-on-nuclear-energy-for-a-net-zero-world-ahead-of-cop26-climate-summit)


New Uranium Bull Market is Underway, Incentivising Miners and Investors:

Existing uranium supply may not meet future demands, encouraging non-utility uranium buyers to enter the market. Utilities are expected to accelerate purchases of uranium to ensure security of supply and price over the long-term. Availability of secondary supplies of uranium have been drawn down over the past few years. Uranium spot prices have recently surged, helping drive strong and sustainable economics of uranium miners. (https://markets.businessinsider.com/news/commodities/uranium-prices-outlook-russia-energy-nuclear-supply-risk-commodities-biden-2022-4)

Key Risks

The uranium and nuclear industry can be impacted by changes in politics/government regulation, breaches of security, ill-intentioned acts of terrorism or natural disasters. 

Activities related to mining/exploration may be capital intensive, requiring significant debt to maintain operations. 

Uranium companies’ performance may be heavily reliant on the underlying price of uranium which can be volatile.

Uranium companies may have small market capitalizations and low liquidity.

Uranium companies may be domiciled in non-developed markets and may have foreign currency risk.

ETFs may carry unique risks such as basis risk and lower than anticipated liquidity.

As of 09/08/2022

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE URNM LN URNM.L BN16G54 IE0005YK6564 - - USD 05/05/2022
LSE URNP LN URNP.L BN16G87 IE0005YK6564 - - GBP 05/05/2022
Borsa Italiana U3O8 IM U3O8.MI BPCJF82 IE0005YK6564 - - EUR 12/05/2022
Xetra U3O8 GY U3O8.DE BPCJFR1 IE0005YK6564 - A3DJZY EUR 05/05/2022

Registrations

Fund Overview
TickerURNM
Asset ClassEquities
Base CurrencyUSD
Income TreatmentAccumulating
Inception Date03/05/2022
IndexNorth Shore Sprott Uranium Miners Index
Number of Holdings37
Rebalance FrequencySemi-Annually
TER85 bps
Net Asset ValuesAs of 09/08/2022
NAV$7.16
Net Assets of Fund12,100,623.30 (USD)
Shares Outstanding1,690,000
Issuer AUM$590,365,401
Structure
Replication MethodPhysical
DomicileIreland
UCITS CompliantYes
Fund UmbrellaHANetf ICAV
Financial End Year31/03
Legal FormICAV
Legal And Tax Information
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting Status
Key Service Providers
CustodianThe Bank of New York Mellon SA/NV, Dublin Branch
Portfolio ManagerVident Investment Advisory LLC
Index Details
IndexNorth Shore Sprott Uranium Miners Index
CurrencyUSD
Index ProviderIndxx
Bloomberg TickerURNMXA Index
URNM Performance 1M 3M 6M YTD 12M Since Inception

Monthly Reports

Monthly ReportsJuly 2022

Uranium Miners Monthly Report | July
Read More

Monthly ReportsJune 2022

Uranium Miners Monthly Report | June
Read More

Webinars

WebinarJune 2022

CISI | What role does nuclear energy have in the decarbonisation story and how do you invest in it? | 28th June 2022
Read More

Press Releases

PressAugust 2022

Over 40% of HANetf’s UCITS ETFs have successful sister products in the US
Read More

PressJuly 2022

HANetf’s Uranium Miners ETF surpasses $10 million in AUM as a result of tailwinds for nuclear power
Read More

PressJuly 2022

EU Parliament votes to label nuclear investments as green
Read More

Videos

VideosMay 2022

Video | Sprott Uranium Miners UCITS ETF launches in London to tap into nuclear energy trend

Sign up to receive your investor pack and email alerts

Related Content

Listings & Codes

Exchange Ticker RIC SEDOL ISIN Valoren WKN CCY Listing Date
LSE URNM LN URNM.L BN16G54 IE0005YK6564 - - USD 05/05/2022
LSE URNP LN URNP.L BN16G87 IE0005YK6564 - - GBP 05/05/2022
Borsa Italiana U3O8 IM U3O8.MI BPCJF82 IE0005YK6564 - - EUR 12/05/2022
Xetra U3O8 GY U3O8.DE BPCJFR1 IE0005YK6564 - A3DJZY EUR 05/05/2022

How to Buy URNM

HANetf funds are available to buy through self-directed platforms and brokers, and intermediary platforms across Europe listed in the link below. If you would like more information on how to trade with APs/market makers, please contact our Capital Markets Team at [email protected]

Read More

About Sprott

Sprott Asset Management LP (“SAM”) is a global asset manager providing clients with access to highly-differentiated precious metals and real assets investment strategies. We are specialists; our in-depth knowledge, experience and relationships separate us from the generalists.

Sprott’s specialized investment products include innovative physical bullion and commodity trusts, managed equities and mining ETFs. SAM is headquartered in Toronto, Canada and is a wholly owned subsidiary of Sprott Inc., whose common shares are listed on the New York Stock Exchange and Toronto Stock Exchange under the symbol “SII”.

Learn more: https://sprott.com/

Contact Us

Tell us how we can help