Sprott Energy Transition Materials UCITS ETF (SETP)

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####I work at HANetf####

Sprott Energy Transition Materials UCITS ETF (SETP) provides exposure to the companies that are providing the critical materials needed for the global clean energy transition.

There is a global movement towards removing our dependence on fossil fuels in favour of low-carbon and renewable energy sources. Transitioning to a greener economy means moving from an economy that is dependent on carbon to one that is more dependent on various metals and materials.

There are several critical materials that are essential for the global energy transition as we move to offset CO2 intensive energy sources with cleaner sources. Renewable energy generation makes use of rare earths and silver. Transmission relies on copper. Storage relies on lithium, nickel, manganese, cobalt and graphite.

As a result, demand for these critical materials should boost their prices. We believe companies that are upstream in the supply chain will benefit from the increased investment in the critical minerals necessary for the clean energy transition.

SETP tracks the Nasdaq Sprott Energy Transition Materials Ex Uranium Index, which is designed to track the performance of a selection of global securities in the energy transition materials industry.

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Very minor point, more of an observation (and quite dull) : Trading212 seem to utilise Oppl to provide Key Info Docs for all ETFs. You’d probably need to check with T212/Oppl to validate Oppl provide this document otherwise I presume T212 would be delayed in adding this asset to the platform

#nerdalert #dull #regulations

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Hey thanks for that. whats Oppl?

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It is literally the top result on Google if you dont understand what @haggis_mince said.

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