Key stats
About Sprott Nickel Miners ETF
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Inception date
Mar 21, 2023
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
Alps Distributors, Inc.
NIKL provides pure-play exposure to nickel mining companies. The narrow portfolio typically holds 20 to 35 US and foreign firms that derive at least 50% of their revenue and/or assets from mining, exploration, development, and production of nickel. The fund also includes companies that invest all or a significant portion of their assets in nickel. The initial selection universe is determined using a proprietary selection methodology that may involve industry publications review and fundamental research. Eligible securities that meet the minimum market-cap and liquidity requirements are selected for index inclusion. Each constituent is assigned an intensity score depending on its revenue percentage attributable to nickel. While the index is market cap-weighted, several capping rules are implemented based on the securities initial weights for portfolio diversification. The index is reconstituted and rebalanced semi-annually in June and December.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks99.57%
Non-Energy Minerals95.21%
Producer Manufacturing4.27%
Bonds, Cash & Other0.43%
Miscellaneous0.52%
Cash−0.09%
Stock breakdown by region
Asia36.04%
Oceania33.72%
North America21.67%
Europe8.57%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history