†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Based on Morningstar’s universe of Natural Resources Sector Equity ETFs as of 2/28/2023.
Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™), which is designed to track the performance of mid-, small- and micro-cap companies in uranium-mining related businesses.
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| ETF Ticker | URNJ |
| Index Ticker | NSURNJ™ |
| Listing Exchange | Nasdaq® |
| CUSIP | 85208P808 |
| ISIN | US85208P8086 |
| Fund Inception1 | February 1, 2023 |
| Index Rebalance Frequency | Semi-Annually in June & December |
| Total Net Assets | $16,503,845.98 |
| Shares Outstanding | 1,110,000 |
| Number of Holdings | 32 |
| Median 30 Day Bid Ask Spread | na |
| Adviser | Sprott Asset Management LP |
| Sub-Adviser | ALPS Advisors, Inc. |
| Distributor | ALPS Distributors, Inc. |
| Management Fee | 0.80% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.80% |
| Fund | 1 MO* | S.I.1 |
|---|---|---|
| Sprott Junior Uranium Miners ETF (Net Asset Value) |
-- | -- |
| Sprott Junior Uranium Miners ETF (Market Price)2 |
-- | -- |
| Nasdaq Sprott Junior Uranium Miners™ Index (Benchmark)5 |
-- | -- |
Past performance does not guarantee future results.
Data updated as of 2/01/2023
| CY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|
| Days Traded at Premium | -- | -- | -- | -- | -- |
| Days Traded at Discount | -- | -- | -- | -- | -- |
As of 2/28/2023
| Number of Issuers | 32 |
| Market Cap (millions) | $12,200 |
| Weighted Avg. Company Market Cap (millions) | $897 |
| Market Cap Breakdown | |
| Large (>$10B) | 0.00% |
| Medium ($2 -$10B) | 11.45% |
| Small (<$2B) | 88.55% |
| Material Weightings†† | |
| Uranium Equities | 100.00% |
†† Reflects equities classified by Sprott Asset Management.
As of 2/28/2023
As of 3/29/2023
| Security | Market Value | ISIN | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|---|
| NexGen Energy Ltd. | $1,999,937.58 | CA65340P1062 | NXE | BCH0BB4 | 524,918 | 12.12% |
| Paladin Energy Ltd. | $1,884,964.56 | AU000000PDN8 | PDN AU | 6668468 | 4,702,641 | 11.42% |
| Uranium Energy Corp. | $1,846,736.64 | US9168961038 | UEC | B0VLLY2 | 641,228 | 11.19% |
| Energy Fuels Inc. | $1,723,798.48 | CA2926717083 | UUUU | BFV4XW8 | 318,044 | 10.44% |
| Boss Energy Ltd. | $894,567.91 | AU000000BOE4 | BOE AU | B1XLCQ6 | 597,799 | 5.42% |
| Denison Mines Corp. | $847,606.20 | CA2483561072 | DNN | B0122F3 | 807,244 | 5.14% |
| Global Atomic Corp. | $713,377.53 | CA37957M1068 | GLO CN | BF11BK3 | 353,213 | 4.32% |
| Fission Uranium Corp. | $669,619.42 | CA33812R1091 | FCU CN | B94QMQ6 | 1,376,423 | 4.06% |
| CGN Mining Co. Ltd. | $661,063.59 | KYG2029E1052 | 1164 HK | B755514 | 6,105,000 | 4.01% |
| Deep Yellow Ltd. | $628,040.15 | AU000000DYL4 | DYL AU | 6480275 | 1,724,967 | 3.81% |
| Encore Energy Corp. | $594,875.17 | CA29259W7008 | EU CN | BN48958 | 273,572 | 3.60% |
| Ur-Energy Inc. | $509,889.25 | CA91688R1082 | URG | B0WW4L2 | 537,461 | 3.09% |
| Uranium Royalty Corp. | $443,090.45 | CA91702V1013 | UROY | BL7BHH8 | 212,005 | 2.68% |
| Lotus Resources Ltd. | $352,024.10 | AU0000058737 | LOT AU | BK6XLC1 | 2,927,452 | 2.13% |
| Bannerman Energy Ltd. | $324,995.12 | AU000000BMN9 | BMN AU | B07DXJ1 | 360,357 | 1.97% |
| IsoEnergy Ltd. | $287,626.37 | CA46500E1079 | ISO CN | BD5FYX1 | 135,489 | 1.74% |
| Berkeley Energia Ltd. | $221,998.14 | AU000000BKY0 | BKY AU | 6589473 | 949,448 | 1.35% |
| Peninsula Energy Ltd. | $219,902.08 | AU000000PEN6 | PEN AU | 6486381 | 2,532,071 | 1.33% |
| Aura Energy Ltd. | $195,098.50 | AU000000AEE7 | AEE AU | B14Z2S9 | 973,470 | 1.18% |
| Alligator Energy Ltd. | $190,234.73 | AU000000AGE2 | AGE AU | B55ZH25 | 8,375,308 | 1.15% |
| GoviEx Uranium Inc. | $185,829.15 | CA3837981057 | GXU CN | BNGCT03 | 1,326,869 | 1.13% |
| Elevate Uranium Ltd. | $156,321.10 | AU0000156416 | EL8 AU | BM8ZH21 | 698,494 | 0.95% |
| Consolidated Uranium Inc. | $151,011.46 | CA21024C1014 | CUR CN | BN75T23 | 162,595 | 0.92% |
| Laramide Resources Ltd. | $145,125.63 | CA51669T1012 | LAM CN | 2507952 | 486,135 | 0.88% |
| Mega Uranium Ltd. | $127,453.85 | CA58516W1041 | MGA CN | 2817833 | 910,054 | 0.77% |
| Forsys Metals Corp. | $114,388.35 | CA34660G1046 | FSY CN | 2597801 | 316,704 | 0.69% |
| Skyharbour Resources Ltd. | $101,846.09 | CA8308166096 | SYH CN | BDFGHL3 | 368,452 | 0.62% |
| CanAlaska Uranium Ltd. | $88,222.02 | CA13708P2017 | CVV CN | 2526924 | 299,216 | 0.53% |
| Western Uranium & Vanadium Corp. | $65,992.70 | CA95985D1006 | WUC CN | BF39VJ4 | 89,529 | 0.40% |
| Anfield Energy Inc. | $59,463.00 | CA03464C1068 | AEC CN | BF11BH0 | 1,344,508 | 0.36% |
| Baselode Energy Corp. | $59,777.98 | CA0698251075 | FIND CN | BLPJL27 | 193,090 | 0.36% |
| Toro Energy Ltd. | $48,190.05 | AU000000TOE6 | TOE AU | B0Z3S54 | 7,213,521 | 0.29% |
| Cash Equivalent | $-9,221.37 | $-9,221.37 | -0.05% |
32 total, excluding cash and cash equivalents. Subject to change.
| Ex-Date | Record Date | Payable Date | Short-Term Capital Gains | Long-Term Capital Gains | Dividend Income | Total Distributions |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - |
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Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 2/1/2023.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the prospectus dated January 31, 2023. For the services the Adviser (Sprott Asset Management LP) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.80% on assets.
5 The Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Adviser”). The Index Provider and Adviser co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Adviser will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents.
Important Disclosures & Definitions
An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Junior Uranium Miners ETF Statutory Prospectus, which contains this and other information, visit https://sprottetfs.com/urnj/prospectus, contact your financial professional or call 888.622.1813. Read the Prospectus carefully before investing.
The Fund is not suitable for all investors. There are risks involved with investing in ETFs, including the loss of money. The Fund is non-diversified and can invest a more significant portion of assets in securities of individual issuers than a diversified fund. As a result, changes in a single investment's market value could cause more significant share price fluctuations than in a diversified fund.
Shares are not individually redeemable. Investors buy and sell shares of the Sprott Junior Uranium Miners ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the Fund, typically in blocks of 10,000 shares.
Funds that emphasize investments in small/mid-cap companies will generally experience greater price volatility. Diversification does not eliminate the risk of investment losses. ETFs are considered to have continuous liquidity because they allow an individual to trade throughout the day. A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses, affect the Fund’s performance.
The Sprott Junior Uranium Miners ETF seeks to provide investment results that, before fees and expenses, generally correspond to the total return performance of the Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™).
Nasdaq®, Nasdaq Junior Uranium Miners™ Index, and NSURNJ™ are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Sprott Asset Management LP. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Sprott Asset Management LP is the investment advisor to the Sprott Junior Uranium Miners ETF. ALPS Distributors, Inc. is the Distributor for the Sprott Junior Uranium Miners ETF and is a registered broker-dealer and FINRA Member.
Data updated as of 2/01/2023
| CY 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|
| Days Traded at Premium | -- | -- | -- | -- | -- |
| Days Traded at Discount | -- | -- | -- | -- | -- |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported net asset value. The amount that the fund's market price is above the reported NAV is called the premium. The amount that the fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm Eastern time). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
*A unit that is equal to 1/100th of 1% and is used to denote the change in a financial instrument.
The Premium / Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
You can purchase and trade shares of Sprott ETFs directly through your online brokerage firm; these firms may include:
You are now leaving SprottETFs.com and entering a linked website. Sprott has partnered with their affiliated broker/dealer Sprott Global Resource Investments Ltd in offering Sprott ESG Gold ETF (SESG). For fact sheets, marketing materials, prospectuses, performance, expense information and other details about Sprott ESG Gold ETF, you will be directed to the Sprott website at Sprott.com/SESG.
Continue to Sprott.com/SESGYou are now leaving SprottETFs.com and will be directed to the Sprott website at Sprott.com. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. Sprott Asset Management LP is the adviser for the Sprott ETFs.
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