Riding the Multi-Year Nuclear Bull Market With URNM

The global energy transition is causing countries to rethink their energy policies. Driven by a confluence of net-zero targets, baseload grid stability, and the electricity demands of AI data centers, nuclear energy is now at the forefront of global energy.Key Takeaways: Nuclear energy is experiencing a structural resurgence driven by global net-zero commitments, grid stability needs, and the immense, continuous electricity consumption of AI data centers. The Sprott Uranium Miners ETF (URNM) provides targeted, pure-play access to this macro theme by investing in companies that dedicate at least 50% of their business to uranium mining, exploration, development, and physical uranium holdings. A widening supply-demand imbalance in physical uranium is fueling a financial rerating across upstream producers, creating what industry leaders view as a long-duration, early-stage investment cycle. See More: Summer of Silver: The Case for Buying and HoldingStrategic Positioning With URNMFor investors seeking a pure-play vehicle to capture the increased reliance on nuclear energy, the Sprott Uranium Miners ETF (URNM ) emerges as a compelling option. URNM tracks the VettaFi Global Uranium Mining Index, providing exposure to global companies that dedicate at least half of their business to uranium mining, exploration, development, and production, or to holding physical uranium and royalties. URNM could be at the intersection of increased demand for nuclear energy and uranium amid depleting supply. As such, the supply crunch has triggered a profound financial rerating of the entire asset class. John Ciampaglia, CEO of Sprott Asset Management, outlined the macro trajectory that is drawing institutional capital back into nuclear power. “I think everyone is connecting the dots around how nuclear energy is going to receive a larger share of the overall electricity pie in the coming years, as countries look to diversify and add more load growth to their systems,” Ciampaglia said during an episode of Metals In Motion. “Investors see this opportunity and see increases in production and in commodity pricing.”Capture Uranium's Pricing MomentumUranium’s pricing momentum is translating into robust corporate valuations for upstream producers. As Ciampaglia noted in the interview, the investment landscape has already experienced a profound shift. “There’s been a real lift. And valuations of these companies have increased to reflect that,” Ciampaglia said. “That’s why capital is returning to the sector. We’ve seen strong inflows into physical uranium products, including our own, as well as into uranium mining ETFs globally. A lot of capital is coming in because investors see that the fundamentals are durable. And they are expected to play out for many years. This is a theme that we think is still in the early innings. And it is a very long duration cycle.” By combining equity exposure to miners with physical uranium-holding assets, URNM captures pure-play upstream exposure. URNM bridges the gap between critical physical commodities and the essential energy infrastructure of the future during this critical energy transition. For more news, information, and analysis, visit the Gold/Silver/Critical Minerals Content Hub.DisclosuresAn investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Prospectus, which contains this and other information, contact your financial professional or call 888.622.1813. Read the Prospectus carefully before investing, which can also be found by clicking one of the links below. Past performance is no guarantee of future results. One cannot invest directly in an index. 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. Sprott Asset Management USA, Inc. is the Investment Adviser to the ETFs. ALPS Distributors, Inc. is the Distributor for the ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc. or VettaFi. Exchange Traded Funds (ETFs): SETM, LITP, URNM, URNJ, COPP, COPJ, NIKL, SGDM, SGDJ, SLVR, GBUG, METL Physical Bullion Funds: PHYS, PSLV, CEF, and SPPP. Gold and precious metals are referred to with terms of art like store of value, safe haven and safe asset. These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.