Since Thursday, the first Exchange Traded Fund by HANetf in cooperation with Sprott Asset Management is tradable on Xetra and via Börse Frankfurt.
The Sprott Uranium Miners UCITS ETF gives investors access to companies worldwide that generate at least 50 per cent of their revenue from uranium mining. This includes the mining, exploration, development and production of uranium, the ownership of physical uranium or uranium licences and other non-mining activities in support of uranium mining.
Currently, the benchmark index includes companies mainly based in Canada, Kazakhstan, and Australia.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Sprott Uranium Miners UCITS ETF||Equity ETF||IE0005YK6564||0.85per cent||accumulating||North Shore Sprott Uranium Miners Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,854 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.