Global Uranium ETF
Overview
Fund objective
URNM aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of leading companies in the global uranium industry.
Benefits
Access the growth potential of the global uranium industry
Nuclear energy is increasingly being accepted as a safe, reliable, low-carbon energy source and seen as a critical supplementary means of meeting the world’s growing energy demands. As a result, demand for uranium to fuel nuclear power stations is projected to grow strongly.
Exposure to leading companies in the uranium industry
URNM provides exposure to leading global companies involved in the mining, exploration, development and production of uranium, modern nuclear energy, or that hold physical uranium or uranium royalties.
Convenient, cost-effective exposure
With management costs of only 0.69% p.a. (or $69 for every $10,000 invested), URNM provides cost-effective exposure to the nuclear energy thematic in a single ASX trade.*
Invest in URNM with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 18,510,904 |
|---|---|
| Management fee and cost** (p.a.) | 0.69% |
| Distribution frequency | At least annually |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Registry | Link Market Services |
* As at 5 December 2024
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| NAV | * As at 5 December 2024 |
| NAV/Unit* | $9.05 |
| * Data is delayed by at least 20 minutes. | |
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| iNAV IRESS code | URNM.ASX |
|---|---|
| Market makers | Susquehanna Pacific |
Index information
| Index | Indxx North Shore Uranium Mining Index |
|---|---|
| Index provider | Indxx |
| Index ticker | N/A |
| Bloomberg index ticker | INSUMIN Index |
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | 1.68% | 1.72% |
| 3 months | 20.21% | 20.16% |
| 6 months | -13.15% | -13.00% |
| 1 year | 4.22% | 4.71% |
| 3 year p.a. | - | 12.05% |
| 5 year p.a. | - | 36.79% |
| 10 year p.a. | - | - |
| Since inception | 17.58% | 18.10% |
| Inception date | 8-Jun-22 | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Holdings and allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| CAMECO CORP | 19.1 |
| NAC KAZATOMPROM JSC | 13.8 |
| SPROTT PHYSICAL URANIUM TRUST | 10.8 |
| URANIUM ENERGY CORP | 6.7 |
| DENISON MINES CORP | 6.0 |
| NEXGEN ENERGY LTD | 5.9 |
| CGN MINING CO LTD | 4.9 |
| ENERGY FUELS INC/CANADA | 4.2 |
| YELLOW CAKE PLC | 3.4 |
| PALADIN ENERGY LTD | 3.1 |
Sector allocation
| Coal & Consumable Fuels | 95.4% |
|---|---|
| Trading Companies & Distributors | 3.9% |
| Diversified Metals & Mining | 0.8% |
* As of 29 November 2024
Country allocation
| Canada | 41.5% |
|---|---|
| Kazakhstan | 13.6% |
| Australia | 12.9% |
| United States | 12.5% |
| China | 4.9% |
| Britain | 3.4% |
| Other | 11.1% |
* As of 29 November 2024
Distributions
Frequency and yield
| 12 mth distribution yield* | 2.2% |
|---|
*As at 29 November 2024. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.183173 | 3.24% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.010536 | 0.28% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.003645 | 0.07% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | - | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.