Global X Uranium UCITS ETF USD Acc
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General Objective
The fund aims to closely correspond, before fees and expenses, to the price and yield performance of the Nasdaq Composite Index by investing at least 80% of its total assets in securities of companies active in the uranium industry.
Fund Exposure
The fund is exposed to companies involved in various aspects of the uranium industry, such as mining, refining, exploration, manufacturing of equipment, technologies related to uranium, and production of nuclear components. It may also invest in companies generating large revenues from the uranium industry.
Risks
The fund is subject to market risk, operational risk, and risks related to investing in the uranium mining industry. Market risk includes the possibility of sharp and unpredictable changes in market value, while operational risk may result in material losses due to various factors. Risks related to the uranium mining industry include competitive pressures, price fluctuations, and demand risks associated with nuclear energy. Additionally, liquidity risk may arise from difficult selling conditions for certain securities in negative market conditions.
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Source
https://www.globalxetfs.com/funds/ura/
Tags:
nuclearuraniumsolactive global uranium & nuclear components index
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Global X Uranium UCITS ETF USD Inc
Global X Uranium UCITS ETF USD Inc
Global X Uranium UCITS ETF USD Inc