GBUG

Sprott Active Gold & Silver Miners ETF

$37.91
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Sprott Active Gold & Silver Miners ETF (GBUG) seeks to provide exposure to a portfolio of actively managed gold and silver mining companies.

Overview

ETF tracking Sprott Active Gold & Silver Miners ETF

Category Commodities
Issuer Other
Inception Date 2025-02-20
Market Cap $105.8M
Average Volume N/A
Dividend Yield N/A
52-Week Range $18.68 - $42.17
VWAP $37.39

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Sprott Active Gold & Silver Miners ETF (GBUG) seeks to provide exposure to a portfolio of actively managed gold and silver mining companies.

🎯 Investment Strategy

GBUG invests primarily in equity securities of gold and silver mining companies that the portfolio managers believe have the potential for capital appreciation. The fund's managers use a fundamental, bottom-up investment process to identify companies they believe are well-positioned to benefit from rising precious metal prices.

✨ Key Features

  • Actively managed portfolio of gold and silver mining stocks
  • Potential to outperform passive gold/silver mining indexes
  • Concentrated portfolio with high active share
  • No management fees (0.00% expense ratio)

⚠️ Primary Risks

  • Equity market risk - the value of the fund's holdings can decline due to overall stock market conditions
  • Sector concentration risk - the fund's focus on the gold and silver mining industry makes it more susceptible to factors affecting that sector
  • Commodity price risk - the profitability of mining companies is heavily dependent on the prices of gold and silver
  • Management risk - the fund's performance depends on the skill of the portfolio managers in selecting and managing the holdings

👤 Best For

GBUG may be suitable for investors seeking exposure to actively managed gold and silver mining stocks as part of a diversified portfolio. The fund's concentrated, high-conviction approach and lack of management fees could appeal to investors willing to accept the higher risks of a sector-focused fund in exchange for the potential for outperformance.