Global X ETFs Australia has launched uranium ETF (ATOM) to give investors exposure to the growing uranium and nuclear power sector.
ATOM tracks the Solactive Gloabal Uranium & Nuclear Components Total Returns Index to provide access to various companies involved in uranium mining nuclear components production.
The fund has a management cost of 0.69 per cent p.a. and has 46 holdings.
According to the fund’s fact sheet, the index has a total return 29.6 per cent over the last three years, but lost 5.9 per cent over the last 12 months.