URNM: A New Pure Play Option For Uranium Investors

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About: Exchange Traded Concepts Trust - North Shore Global Uranium Mining ETF (URNM), Includes: CCJ, URA, URPTF, YLLXF
by: Closed End Fund Tracker
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Closed End Fund Tracker
Closed-end funds, dividend growth investing, dividend investing, portfolio strategy
Summary

A major supply demand imbalance is likely to drive a uranium bull market in the next decade.

Junior uranium miners offer far greater potential upside, albeit with far greater risk compared with companies that hold uranium directly.

A basket approach is ideal for non-specialist investors who recognize the compelling macro opportunity.

The new URNM ETF provides a solid vehicle for US based investors to get broad pure play exposure to uranium.

A supply shortage is imminent in the uranium market. Some analysts believe that the market is already in deficit. Current spot prices are still well below historical norms, and a large portion of nuclear utilities