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The North Shore Global Uranium ETF (NYSE: URNM) has exceeded $900 million in total net assets as of October 26, 2021. Since its launch on December 4, 2019, the fund has achieved a remarkable cumulative return of over 200% up to September 30, 2021. CEO Tim Rotolo noted that the fund's growth aligns with rising nuclear energy demand amid natural gas supply shortages. URNM tracks the North Shore Global Uranium Mining Index, providing focused exposure to uranium without ancillary industry risks.
The North Shore Global Uranium ETF (NYSE:URNM) has exceeded $500 million in assets under management as of September 9, 2021. Launched on December 4, 2019, the fund has seen a cumulative return of over 157% since inception through August 31, 2021. CEO Tim Rotolo emphasized that rising uranium prices, with a 33% increase since August 16, 2021, indicate the beginning of a long-term bull market, reinforced by a growing supply deficit and renewed interest in nuclear energy. The ETF aims to track the performance of uranium mining and related companies.
The North Shore Global Uranium ETF (NYSE: URNM) has surpassed $125 million in assets under management as of March 1, 2021. Launched on December 4, 2019, the fund has achieved a cumulative return of over 119% since inception. CEO Tim Rotolo noted favorable market conditions for uranium due to a supply-demand imbalance and increased demand for nuclear energy in carbon neutrality efforts. The ETF aims to mirror the performance of the North Shore Global Uranium Mining Index, focusing on companies involved in uranium mining and related sectors.
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