Uranium Miners ETF to be listed in Europe to provide investors with exposure to the nuclear energy sector

European ETF white labelling firm HANetf is listing the Sprott Uranium Miners UCITS ETF (ticker: URNM) on the London Stock Exchange (LSE). The ETF will be passported for sale across Europe.

The ETF seeks to benefit from the potential growth in nuclear energy and uranium demand. To do so, URNM will track the North Shore Sprott Uranium Miners Index. This index will include companies involved in the uranium industry, spanning the mining, exploration, development and production of uranium. The ETF is also permitted to invest in entities that hold physical uranium, uranium royalties or other non-mining assets. Sprott are experts in the uranium space, overseeing a US-listed ETF with around USD1.5 billion AUM and a physical uranium trust with over USD3 billion AUM.

The firm writes that in the wake of the Russian invasion of Ukraine, the UK government announced its intention to boost its homegrown energy supply, with nuclear […]

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