URNM PDS
The Product Disclosure Statement (PDS) explains the fees, tax status and some of the risks.
BetaShares Global Uranium ETF (ASX:URNM)
The URNM ETF follows an index and owns a basket of global shares involved in the mining, exploration, development, and production of uranium, and that hold physical uranium, uranium royalties or other non-mining assets. URNM has a complicated portfolio weighting criteria, which we think makes it hard for investors to predict how URNM will perform over time.
URNM ETF review
URNM share price and fees
share price:
ETF share prices are updated using end of day data from the ASX. FUM, fee and spread data is updated monthly, with a delay. Refer to the ETF’s PDS and the ASX website for up-to-date information.
URNM fees
ASX ticker code: URNM
Yearly fee (MER): 0.69%
FUM: $5.35 million
Monthly spread: 0.41%
Data Last Updated: July 2022
Analyst report
This ETF does not (yet) have an analyst report or rating available. If you would like to request our analyst team cover this ETF, please get in contact with us.
URNM performance
This chart shows the yearly performance of the chosen ETF to key asset classes of Aussie shares (ASX: VAS) and US shares (ASX: IVV). You can use this chart to visualise how the ETF responds to different market environments. We recommend using a 5+ year time horizon for comparisons. The chart compares price return only.
Fee comparison
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URNM yearly fee (MER)
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Sector average fee (MER)
What does the URNM ASX ETF invest in?
URNM invests in the full spectrum of companies involved in uranium, from exploration thru to production, from $US40 million in market capitalisation (i.e. extremely small companies) right up to global large caps. While there can be quite a few companies included in the portfolio, a large portion of the portfolio is skewed to just a few companies. Inside URNM no more than 5 companies can be 4.7% of the portfolio — but as of 2022 those 5 companies make a large portion of the overall ETF (~55% of the ETF).
What do investors use the URNM ETF for?
URNM could be used by investors with a high risk tolerance and, we think, as a very small allocation to an alternative energy source. Be mindful that around the time of its launch, URNM is ‘top heavy’ and concentrated to just a few companies (42% was invested in just three companies). As a result we think investors can expect lots of volatility/risk.
How to buy the URNM ETF
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URNM investor starter pack
URNM literature
We’ve asked the ETF provider to share their best whitepapers & research with you.
URNM holdings
The Best ETFs team occasionally upload the ETF’s latest investments, so you see what’s inside the ETF.
ASX: URNM’s dividend 2021
When does URNM pay a dividend?
URNM dividend reinvestment plan (DRP)
Warnings we apply to the URNM ETF
URNM tax domicile
URNM ETF registry
Fund issuer
International shares sector data
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Sector average return (1Y)
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Average FUM ($m)
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How URNM compares:
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1Y return
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Sector information is recorded based on the last 12-month returns to July 2022. Refer to the Issuer’s website, speak to your financial adviser and always the fund’s Product Disclosure Statement (PDS) before choosing an ETF for its dividend yield, past returns or fees. Past performance can be a poor indicator of future performance.
Latest ETF News
ASX: URNM technical analysis
The Best ETFs technical analysis chart pack shows the 12-month share price movements, Stochastic bands and traded volume (for both up and down days). This chart uses end-of-day data, so it’s for illustrative purposes only.
Latest ETF news:
*The warnings on this page are applied by our ETF research team. Please know that these warnings are based on quantitative metrics and our internal methodology. These risks are not exhaustive and therefore they should not be relied upon. Always read the PDS of the function and speak to your financial adviser before acting on this information.
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