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Renaming of Index Tracked by Sprott Uranium Miners ETF (URNM)
Globenewswire· 2026-03-12 21:00
Core Viewpoint - Sprott Asset Management USA, Inc. announced the renaming of the North Shore Global Uranium Mining Index to the VettaFi Global Uranium Miners Index, effective April 30, 2026, with no changes to the index's methodology [1]. Group 1: Index Overview - The VettaFi Global Uranium Miners Index is designed to track companies that allocate at least 50% of their assets to the uranium mining sector, which includes mining, exploration, development, production, and other supportive activities related to uranium [2]. - VettaFi will replace Indxx in the calculation of the index, indicating a shift in the index's management [2]. Group 2: Company Background - Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc., which focuses on investments in precious metals and critical materials, emphasizing their specialized knowledge and experience in the field [4].