Sprott Physical Uranium Trust

Uranium Icon
as of 7/26/2021

NAV

$US8.39

NAV Daily Change

-($0.01)
-0.06%

NAV Since Inception Change

+0.12%

Management Fee

0.35%

Market Price

$US8.88

Premium/Discount

5.85%

Total lbs of U3O8

18,194,658

Total KgU of UF6

300,000

Total Net Asset Value

$US630 Million

Overview

Uranium Icon

Investment Objective

The Sprott Physical Uranium Trust invests and holds substantially all of its assets in uranium in the form of U3O8.

Goal

Provide a secure, convenient and exchange-traded investment alternative for investors interested in holding uranium.

  • Why Invest in U.UN?

    1. The World's Largest Physical Uranium Fund*
    2. Experienced Commodity Fund Manager & Uranium Technical Advisor
    3. Liquid and Convenient Way to Own Physical Uranium
    4. Transparent Daily Reporting of Net Asset and Holdings
    5. Low Fees

     

    *Based on Morningstar’s universe of listed commodity funds. Data as of 6/30/2021.

Key Facts

Toronto Stock Exchange (TSX) Tickers U.U ($US)
U.UN ($CA)
Inception Date July 19, 2021
Fund Type Closed-End Trust
CUSIP 85210A104
ISIN CA85210A1049
Manager Sprott Asset
Management LP
Technical Advisor WMC Energy B.V.
Trustee RBC Investor Services
Auditor KPMG
Storage Providers
& Locations
Cameco (Canada);
ConverDyn (U.S.);
Orano (France);
Urenco (U.S.)

Fees & Expenses

Management Fee 0.35% per annum, plus
operating expenses

Featured Insight

Episode #6 - Opportunities in Uranium
7/19/2021
Uranium

Episode #6 - Opportunities in Uranium

Sprott's Ed Coyne and John Ciampaglia join Per Jander of WMC Energy to discuss the promising investment case for uranium. 

Pricing

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Previous Close TSX U.U ($US)

Net Asset Value per Unit $8.39
Previous Market Price Close $8.88
Premium/Discount 5.85%
Units Outstanding 75,210,456
Total Pounds of U3O8 held within Trust* 18,194,658
Total KgU of UF6 held within Trust* 300,000
Market Value of Uranium Held by Trust $620,487,041
Total Net Asset Value of Trust $630,940,601
(In U.S. Dollars. Data last updated Monday, July 26, 2021 6:00 PM EST)
*Based on trade date.

Previous Close TSX U.UN ($CA)

Net Asset Value per Unit $10.52
Previous Closing Market Price $11.14
Premium/Discount 5.88%
(In Canadian Dollars. Data last updated Monday, July 26, 2021 6:00 PM EST)

Today's Pricing TSX U.U ($US)

The market is now closed

Today's Pricing TSX U.UN ($CA)

The market is now closed

Follow up-to-date news on Sprott Uranium Physical Trust and the compelling uranium/nuclear energy markets.

Literature

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Fact Sheet

Regulatory Documents

Understanding Nuclear Radiation

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.

Radiation Chart

Source: U3O8 Corporation. May not add up to 100% due to rounding.

Tax & Resources

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PFIC Statements

“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.

Tax Forms for U.S. Investors

Measuring Radiation Exposure

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.

Millirems of Radiation (mrem)
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
Source: U3O8 Corporation.

Uranium Plant

How to Purchase

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Sprott Physical Uranium Trust

Ticker Symbols U.U ($US)
U.UN ($CA)
CUSIP 85210A104
ISIN CA85210A1049

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.

Contact Us

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Financial Advisors and Individual Investors

Telephone: 888.622.1813
Email: uranium@sprott.com

Sprott Sales Territory Map 2021

Institutional Investors

Contact: Glen Williams, Managing Director, Investor and Institutional Client Relations; Head of Corporate Communications, Sprott Inc.
Telephone: 416.943.4394
Email: gwilliams@sprott.com

 

Contact Us

Please contact the Sprott Team at 888.622.1813 for more information, or answers to your questions. You can also email us at uranium@sprott.com.


The Sprott Physical Uranium Trust is generally exposed to the multiple risks that have been identified and described in the Management Information Circular. Please refer to the Management Information Circular 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. Please read the Management Information Circular 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.

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