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Security Profile
- Security Type
- Index ETF
- CUSIP
- 301505715
- IPO
- 12/4/2019
Fund Description: North Shore Global Uranium Mining ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Traded Concepts Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The North Shore Global Uranium Mining ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index. INDEX DESCRIPTION: The North Shore Global Uranium Mining Index is designed to track the performance of companies that are involved in the mining, exploration, development, and production of uranium, as well as companies that hold physical uranium or other non-mining assets. he Index consists of securities of both U.S. and foreign issuers, including securities of issuers located in emerging market countries. FUND STRATEGY: The Fund will normally invest at least 80% of its total assets in securities of the Index. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of Uranium Companies. The Fund employs a passive management investment strategy in seeking to achieve its investment objective. A replication methodology is used to invest in all of the securities comprising the Index in proportion to the weightings in the Index. However, the Adviser may utilize a sampling methodology under various circumstances, including when it may not be possible or practicable to purchase all of the securities in the Index. The Fund may invest up to 20% of its assets in investments that are not included in the Index, but that the Adviser believes will help the Fund track the Index. FUND MANAGEMENT: Exchange Traded Concepts, LLC serves as the investment adviser to the Fund.
Company Contact
- Headquarters
- 90 Main Street, Cold Spring Harbor, NY 11724
- Phone
- 877-876-6383 · Toll-Free 877-876-6383
- Investor Relations
- 877-876-6383