Sprott Announces Expense Ratio Reduction for Sprott Uranium Miners ETF (NYSE Arca: URNM)
TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024.
- TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management USA (“Sprott”), a wholly-owned subsidiary of Sprott Inc. (NYSE/TSX: SII), today announced that it will be charging a unitary fee of 75 basis points for Sprott Uranium Miners ETF effective 4/1/2024.
- Sprott Uranium Miners ETF (NYSE Arca: URNM) is the only1 pure-play2 U.S.-listed uranium ETF focused on uranium miners and physical uranium that seeks to invest at least 80% of its total assets in securities of the North Shore Global Uranium Mining Index (URNMX).
- Sprott had approximately US$28.7 billion in assets under management (as of 12/31/2023), with nearly $8 billion invested in uranium and uranium equities.
- Seeks to invest at least 80% of its total assets in securities of the North Shore Global Uranium Mining Index (URNMX).