Horizons Global Uranium Index Investment Objective
If you are looking for a way to invest in the uranium mining and exploration industry, there is an ETF on the TSX that might interest you. The Horizons Global Uranium Index ETF (TSX: HURA) seeks to replicate the performance of it’s benchmark Solactive Global Uranium Pure-Play Index.
What is the Solactive Global Uranium Pure-Play Index?
The Solactive Global Uranium Pure-Play Index is designed to provide the performance of a basket of issuers that are primarily involved in the uranium mining and exploration, or that invest and participate directly in the physical price of uranium.
What are the risks of investing in the Horizons Global Uranium Index ETF?
Returns will vary based on the performance of the underlying holdings. Investors should be prepared for volatility and possible loss of capital. Other risks include: foreign currency risk, liquidity risks and the price volatility of the physical uranium.
What are the benefits of investing in an ETF?
There are several potential benefits to investing in an ETF including:
- Lower fees than buying individual stocks.
- Investors can create a diversified portfolio with just one investment.
- There are no minimum investment requirements.
- If you have large amounts of money to invest, ETFs provide the ability to make larger investments than is possible when investing in mutual funds.
- ETFs can be traded like stocks as this creates a better ability to control your own investment.
- Many ETFs are also tax-efficient, which means that there is generally less tax than investing in regular shares.
- ETFs allow investors to use a variety of trading strategies such as short selling or options.
- More convenient way for investors who aren’t interested in doing the work required to manage their own portfolios.
Who is the fund manager?
Horizons ETFs Management (Canada) Inc. is an affiliated company that manages the ETF.
What are the fees?
The management fee for this ETF is 0.75% per year.
What is the management expense ratio?
The management expense ratio is 0.85%.
What Market Exchange is it listed on?
The securities are listed on the Toronto Stock Exchange in Canada.
How do I trade HURA on my online brokerage account?
HURA is listed under the ticker symbol HURA. It is important to remember that each Horizons ETF order needs to be placed through a registered online brokerage account for trading. Your online broker account will provide you with lots of information you can use including shares outstanding, current price, market cap, volume, performance, news, stock chart, 52 week average trading volume, and other key financial tools.
Why Invest in this ETF Stock?
The Index invests in issuers involved in uranium mining, milling, exploration, conversion, enrichment, fuel fabrication, and physical holdings. If you want to diversify your portfolio with exposure to this specific sector but do not want the direct risk associated with individual stocks, then this ETF is a great option for you.
What are the HURA ETF Holdings?
The following is a list of the securities held by HURA as of May 11, 2021:
- URANIUM PARTICIPATION
- NEXGEN ENERGY
- YELLOW CAKE
- PALADIN ENERGY
- DENISON MINES
- ENERGY FUELS
- URANIUM ENERGY
- CGN MINING
- GLOBAL ATOMIC
- CENTRUS ENERGY
- FISSION URANIUM
- BOSS ENERGY
- DEEP YELLOW
- ENCORE ENERGY
- BANNERMAN RESOURCES
- PENINSULA ENERGY
- FORSYS METALS
- LOTUS RESOURCES
- GOVIEX URANIUM
- BERKELEY ENERGIA
- VIMY RESOURCES
- LARAMIDE RESOURCES
- TORO ENERGY
- MEGA URANIUM
- AZARGA URANIUM
- PLATEAU ENERGY METALS
When was the ETF created?
The ETF has been around since it’s inception date of May 15, 2019.
How can I find out more information about this ETF?
For more information on the the Horizons Global Uranium Index ETF, please visit www.horizonsetfs.com/ETF/HURA. Keep in mind, they can and will adjust the holdings and weightings to meet their objectives, so check out their current listing at Horizons Global Uranium Index ETF Holdings!
If you would like contact them directly:
Address : 55 University Avenue, Suite 800, Toronto, Ontario M5J 2H7
Telephone: 1-866-641-5739 (Toll-Free)
Telephone: 416-933-5745 (Direct)
Media Inquiries: 416-640-8254
Website : www.horizonsetfs.com
Email : [email protected] (General)
Email: [email protected] (Media)
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