The undertakings for collective investment in transferable securities (Ucits) exchange-traded fund (ETF) targets companies benefitting from national security priorities and critical materials investment.
Sprott, a Toronto-based global asset manager focused on precious metals and critical materials investments, has diversified its exchange-traded fund (ETF) product suite with the launch of the Sprott Rare Earths Ex-China Ucits ETF (REXC). The fund tracks the Nasdaq Sprott Rare Earths Ex-China Capped Index The fund targets firms positioned to benefit from rising strategic demand, national security priorities and supply chain diversification as countries seek to secure critical materials for de