BetaShares Uranium ETF (URNM) $7.45

The BetaShares URNM ETF is made up of some major global players and the underlying commodity, including: Cameco 15.7%, NAC Kazatomprom 12.7%, Sprott Physical Uranium 10.5%, Boss Energy 5.9%, and NexGen 5%. We believe this is an excellent vehicle for global exposure to the sector with an expense (cost) of 0.69% p.a.

• We are bullish on the URNM ETF, initially targeting the $9.50 area, which is 20-25% higher.

NB Shawn went long the URNM in his Trade Ideas on Monday.