Global Uranium ETF
- International shares
Access leading companies in the global uranium industry
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 of URNM
-
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.*
* Certain additional costs apply. Please refer to PDS.
There are risks associated with an investment in URNM, including market risk, sector concentration risk, international investment risk and regulatory risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like any share on the ASX.
- Fund requires no minimum investment.
Key facts
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
* Data is delayed by at least 20 minutes.
| NAV | |
|---|---|
| NAV/Unit* | $8.61 |
* As at 29 November 2023
Profile
| Net assets* ($A) | $79,220,028 |
|---|---|
| Units outstanding* (#) | 9,200,037 |
| Management fee and cost** (p.a.) | 0.69% |
| Registry | Link Market Services |
* As at 29 November 2023
* As of close of previous day**Certain additional costs apply. Please refer to PDS.
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 |
Holdings & allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| CAMECO CORP | 15.5% |
| NAC KAZATOMPROM JSC | 14.4% |
| SPROTT PHYSICAL URANIUM TRUST | 13.3% |
| CGN MINING CO LTD | 5.8% |
| URANIUM ENERGY CORP | 5.2% |
| PALADIN ENERGY LTD | 4.7% |
| DENISON MINES CORP | 4.7% |
| NEXGEN ENERGY LTD | 4.5% |
| YELLOW CAKE PLC | 4.1% |
| ENERGY FUELS INC/CANADA | 4.0% |
* As at 1 December 2023. Excludes cash
Sector allocation
| Coal & Consumable Fuels | 92.2% |
|---|---|
| Trading Companies & Distributors | 4.7% |
| Diversified Metals & Mining | 3.1% |
* As of 31 October 2023
Country allocation
| Canada | 34.8% |
|---|---|
| Kazakhstan | 16.1% |
| Australia | 15.2% |
| United States | 11.2% |
| China | 4.9% |
| Britain | 4.1% |
| Other | 13.8% |
* As of 31 October 2023
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -1.89% | -1.97% |
| 3 months | 41.20% | 41.29% |
| 6 months | 53.96% | 54.21% |
| 1 year | 37.58% | 38.24% |
| 3 year p.a. | - | 62.42% |
| 5 year p.a. | - | 30.73% |
| 10 year p.a. | - | - |
| Since inception (p.a.) | 27.95% | 28.46% |
| Inception date | 8-Jun-22 | - |
* As at 31 October 2023.
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.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| 12 mth distribution yield* | - |
|---|
*As at 31 October 2023. 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.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 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.