EDIT: Updated as per suggestions from @Eden and others on this thread. This Vaneck NUKL fund is UCITS compliant and has both exposure to Uranium mining and progressive nuclear energy tech innovations (4th gen, SMRs, MSRs, etc).
Due to the Index it tracks it only has 25 holdings presently, but that should make it easier for investors to evaluate the quality of the companies in the fund.
Really like the fact that it isn’t a pure Uranium miners play and, although I’d ideally like a little more Kazatomprom in the mix, this will inevitably grow with the structure of the index should their relationship with China bear fruit. Which, if you are a nuclear Bull with a 20+ year time horizon, you probably think it will.
I am bullish on Uranium for the long term and would like to make some part of my SIPP portfolio as an alternative to gold.
Horizons is, I believe, a Canadian listed company, so I don’t know if that will affect its availability to UK based Freetrade customers, but if it were I would certainly purchase it. They seems to have several other interesting themed funds for people who like investing along those lines.
Been looking a little more into possible options, but I need to do an extensive deep-dive as it isn’t that easy to do a quick scan as uranium/nuclear is only starting to pique the interest of governments (and therefore, down stream) investors again.
I really like Vaneck’s thematic ETFs (rather like the Horizon ones), and this might potentially make a nice companion to the Vaneck strategic metals fund already in my portfolio. Particularly since it includes progressive nuclear technologies and not just pure mining plays.