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UCTNUCL VanEck Uranium and Nuclear Technologies UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
NUCL

Nuclear ETF
VanEck Uranium and Nuclear Technologies UCITS ETF

Marketing Communication
NUCL

Nuclear ETF
VanEck Uranium and Nuclear Technologies UCITS ETF

ISIN: IE000M7V94E1 copy-icon

Fund Description

As the global demand for electricity continues to rise, the need for clean and reliable sources of energy becomes increasingly important. Nuclear energy, with its low carbon emissions and high efficiency, is a vital part of the sustainable energy mix. Investing in a nuclear energy ETF allows you to gain exposure to the performance of companies involved in the nuclear energy industry, from reactor manufacturers to uranium miners.

  • NAV
    $35.36

    as of 08 Nov 2024
  • YTD RETURNS
    43.19%

    as of 08 Nov 2024
  • Total Net Assets
    $230.5 million

    as of 08 Nov 2024
  • Total Expense Ratio
    0.55%
  • Inception Date
    03 Feb 2023
  • SFDR Classification
    Article 6

Overview

Fund Description

As the global demand for electricity continues to rise, the need for clean and reliable sources of energy becomes increasingly important. Nuclear energy, with its low carbon emissions and high efficiency, is a vital part of the sustainable energy mix. Investing in a nuclear energy ETF allows you to gain exposure to the performance of companies involved in the nuclear energy industry, from reactor manufacturers to uranium miners.

  • Invest in essential enablers of low-carbon economy
  • Support energy independence of our grids from volatile fossil fuels supply
  • Pure-play exposure to companies involved in the nuclear and uranium mining sectors


Risk Factors: Equity market risk, investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KIID

and the Prospectus for other important information before investing.



Underlying Index

MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)

Fund Highlights

  • Invest in essential enablers of low-carbon economy
  • Support energy independence of our grids from volatile fossil fuels supply
  • Pure-play exposure to companies involved in the nuclear and uranium mining sectors


Risk Factors: Equity market risk, investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the

KIID

and the Prospectus for other important information before investing.



Underlying Index

MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf

Performance

Holdings

Portfolio

Documents

Index

Index Description

The MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index provides exposure to companies operating in the global uranium and nuclear energy infrastructure sector.

Index Key Points

Underlying Index
MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)

The Index Composition:

The MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR) tracks the performance of the largest and most liquid companies that are involved in the uranium mining and nuclear energy infrastructure industries. MVNUCLTR covers at least 90% of the investable universe.

Companies initially eligible for inclusion in Index:

  • at least 50% (25% for current components) of their revenues from uranium (including uranium mining, or mining projects that have the potential to generate at least 50% of their revenues from uranium when developed OR;
  • at least 50% (greater than 0% for current components) of their revenues from nuclear energy infrastructure (including projects related to the development and commercialization of nuclear fusion technology or molten salt nuclear reactor research; construction, engineering and maintenance of nuclear power facilities and nuclear reactors; or equipment and technology or services to the nuclear power industry).
  • Market capitalization greater than $150 million
  • Three-month average daily turnover greater than $1 million
  • Minimum trading volume of 250,000 shares each month over last 6 months
  • Company weightings are capped at 15% for the largest company, 10% for the second largest company, and 8% for all other companies.
  • Maximum weight for companies with less than 50% of their revenues from the uranium and nuclear energy infrastructure segments is 5%
  • Liquidity overlay is applied in the weighting process, whereby a company’s weight cannot be higher than the 3m-ADTV divided by 500 million USD

 

Download Index Methodology

Awards

Main Risks

Main Risk Factors of a Nuclear ETF

While the diversification in a multi-asset strategy reduces risk, it is important to remember that all investments carry some risk. The Multi-Asset Funds by VanEck are subject to the four risks below:

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The Fund’s assets may be concentrated in one or more particular sectors or industries. The Fund may be subject to the risk that economic, political or other conditions that have a negative effect on the relevant sectors or industries will negatively impact the Fund's performance to a greater extent than if the Fund’s assets were invested in a wider variety of sectors or industries.

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Exists when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.

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Investments in natural resources and natural resources companies, which include companies engaged in alternatives (e.g., water and alternative energy), base and industrial metals, energy and precious metals, are very dependent on the demand for, and supply and price of, natural resources and can be significantly affected by events relating to these industries, including international political and economic developments, embargoes, tariffs, inflation, weather and natural disasters, limits on exploration, often changes in the supply and demand for natural resources and other factors.