Sprott Physical Uranium Trust
The Sprott Physical Uranium Trust invests and holds substantially all of its assets in uranium in the form of U3O8.
Provide a secure, convenient and exchange-traded investment alternative for investors interested in holding uranium.
Why Invest in U.UN?
*Based on Morningstar’s universe of listed commodity funds. Data as of 6/30/2021.
- The World's Largest Physical Uranium Fund*
- Experienced Commodity Fund Manager & Uranium Technical Advisor
- Liquid and Convenient Way to Own Physical Uranium
- Transparent Daily Reporting of Net Asset and Holdings
- Low Fees
|Toronto Stock Exchange (TSX) Tickers||U.U ($US)
|Inception Date||July 19, 2021|
|Fund Type||Closed-End Trust|
|Technical Advisor||WMC Energy|
|Trustee||RBC Investor Services|
Fees & Expenses
|Management Fee||0.35% per annum, plus
Previous Close TSX U.U ($US)
|Net Asset Value per Unit||$12.94|
|Previous Market Price Close||$13.07|
|Total Pounds of U3O8 held within Trust*||28,414,382|
|Total KgU of UF6 held within Trust*||300,000|
|Market Value of Uranium Held by Trust||$1,463,790,224|
|Total Net Asset Value of Trust||$1,472,028,718|
*Based on trade date.
Previous Close TSX U.UN ($CA)
|Net Asset Value per Unit||$16.57|
|Previous Closing Market Price||$16.77|
Today's Pricing TSX U.U ($US)
The market is now closed
Today's Pricing TSX U.UN ($CA)
The market is now closed
Historical Premium/Discount: Market Price to Net Asset ValueUser Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: July 19, 2021.
What is a premium/discount?
The amount the Trust's closing price is trading above or below the reported NAV (net asset value), expressed as a percentage of the NAV. When the Trust's closing price is greater than the Trust's NAV, it is trading at a “premium” and the percentage is expressed as a positive number. When the Trust's closing price is less than the Trust's NAV, it is trading at a “discount” and the percentage is expressed as a negative number.
Nuclear radiation exposure is minimal compared to the many sources of radiation we could come across in our daily lives. ~80% of an average person’s annual radiation exposure comes from natural sources, such as sunlight, soil and water, while ~18% comes from man-made sources such as computers, cell phones and x-rays. Less than only 1% comes from the nuclear industry, including uranium exploration and mining.
Source: U3O8 Corporation. May not add up to 100% due to rounding.
Tax & Resources
“PFIC” stands for “Passive Foreign Investment Company.” A foreign corporation such as the Sprott Physical Uranium Trust will be treated as a PFIC for any taxable year if either of the following is true: (a) more than 75% of its gross income is from passive sources or (b) at least 50% of its assets are held for the production of passive income.
Sign-up to have your annual PFIC statements delivered to you electronically.
Radiation stemming from nuclear energy is far less when compared to activities not commonly associated with nuclear activities, such as flying on an airplane or interacting with more traditional energy sources.
|5,000||Annual U.S. regulatory radiation limit for an adult|
|500||One transcontinental round trip flight|
|360||Average person’s annual exposure from all sources|
|20||Living one year outside a coal plant|
|2||Living one year outside a nuclear power plant|
How to Purchase
Sprott Physical Uranium Trust
|Ticker Symbols||U.U ($US)
Sprott Physical Uranium Trust units trade in both U.S. and Canadian dollars.
Trust units can be purchased or sold like any regular equity security through financial advisors, full-service brokers and discount brokers. Your units will be held in your name through the third-party financial professional. Units can be purchased or sold through Sprott financial professionals: in the U.S. via Sprott Global Resource Investments at 800.477.7853 and in Canada via Sprott Capital Partners at 855.943.8099. Both firms are affiliates of the Trusts.
Financial Advisors and Individual Investors
The Sprott Physical Uranium Trust is generally exposed to the multiple risks that have been identified and described in the Management Information Circular and the Prospectus. Please refer to the Management Information Circular or the Prospectus for a description of these risks.
Past performance is not an indication of future results. All data is in U.S. dollars unless otherwise noted. The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be tax, legal, accounting or professional advice. Readers should consult with their own accountants and/or lawyers for advice on their specific circumstances before taking any action. Sprott Asset Management LP is the investment manager to the Sprott Physical Uranium Trust (the “Trust”). Important information about the Trust, including the investment objectives and strategies, applicable management fees, and expenses, is contained in the Management Information Circular and the Prospectus. Please read the Management Information Circular and the Prospectus carefully before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation to anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by Sprott Asset Management LP. These views are not to be considered as investment advice nor should they be considered a recommendation to buy or sell.