This ETF invests in Global Uranium Companies, it’s largest position being in Cameco (CCJ US) while the Sprott Physical Uranium Trust (U-U-CN) is it’s second largest weighting. Those two holdings alone account for 33% of the ETF. Paladin (PDN) is the largest ASX listed holding in the ETF accounting for ~4% of the Fund. While the URA is listed in the US, Global X do have a feeder fund listed on the ASX under code ATOM.AXW. A word of note, be careful trading this, waiting for market makers to participate in the market, & always use limit orders.
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Thursday 17th April – ASX +24pts, CGF, BHP, STO
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Thursday 17th April – Dow -699pts, SPI down -26pts
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MM is bullish URA US (and therefore ATOM)
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Does MM like Global X Uranium ETF (URA US) here?
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