Sprott Launches Active Gold & Silver Miners ETF

Core Viewpoint - Sprott Inc. has launched the Sprott Active Gold & Silver Miners ETF (GBUG), an actively managed ETF aimed at long-term capital appreciation through investments in gold and silver mining companies, as well as royalty and streaming companies [1][2]. Group 1: ETF Overview - GBUG is Sprott's first active ETF, designed to capitalize on the potential catch-up of gold and silver mining stocks, which have historically lagged behind the prices of physical metals [2]. - The ETF combines active management expertise with the flexibility of an ETF structure, offering daily transparency, liquidity, and potential tax efficiency [2]. - The investment strategy of GBUG is value-oriented and contrarian, focusing on long-term business fundamentals and growth potential [1][2]. Group 2: Management Expertise - The investment team managing GBUG has over 100 years of collective experience in metals and mining, conducting more than 200 management meetings annually and periodic site visits to mining operations globally [2]. - Sprott Inc. is recognized for its specialized leadership in precious metals and mining investments, with over four decades of experience in the sector [2]. Group 3: Other Sprott ETFs - GBUG is one of four Sprott Precious Metals ETFs, which also include the Sprott Gold Miners ETF (SGDM), Sprott Junior Gold Miners ETF (SGDJ), and Sprott Silver Miners & Physical Silver ETF (SLVR) [1][2]. - Each of these ETFs has distinct investment strategies aimed at tracking the performance of different segments within the precious metals sector [2].