The Sprott Junior Uranium Miners

ETF description

This ETF focuses on small and mid‑sized companies that are involved in the uranium mining sector. It aims to track the performance of businesses that explore, develop, and produce uranium, a key resource used primarily for nuclear energy production. As global interest in clean energy continues to grow, these companies may play a significant role in meeting future energy needs.

Investors who are interested in the energy sector and the potential for nuclear power may find this ETF appealing. It could attract those who believe that uranium will be an important part of the transition to cleaner energy sources, especially as many countries look to reduce their carbon footprints. This ETF offers exposure to a diversified group of uranium miners, which helps to spread investment risk while focusing on this specialized area.

Issuer details

HanETF is an independent asset management firm known for being the first independent white‑label ETF platform in Europe. With over $4 billion in assets under management as of June 2024, HanETF offers a diverse range of ETFs. Established in 2017 by Hector McNeil and Nik Bienkowski, HanETF focuses on providing market exposures through collaboration with asset managers to bring investment ideas to market.

Index details

The NASDAQ Sprott Junior Uranium Miners index offers exposure to companies that are listed on a stock exchange or regulated market and have a significant part of their business operations in the uranium mining industry. Must have a market capitalization no higher than $3 billion, or $5 billion for existing constituents.