Sprott to Add Physical Copper Allocation to Its Copper
From GlobeNewswire: 2025-05-21 07:00:00
Sprott Asset Management USA, Inc. announced the addition of physical copper to the Sprott Copper Miners ETF (COPP) effective June 23, 2025. This change will make COPP the only ETF to provide investment exposure to physical copper and pure-play exposure to large-, mid- and small-cap copper miners.
The modification to the Sprott Copper Miners ETF’s underlying index, the Nasdaq Sprott Copper MinersTM Index, will include a 4.75% allocation to physical copper. The index will add the Sprott Physical Copper Trust, the world’s first physical copper investment fund.
John Ciampaglia, CEO of Sprott Asset Management LP, highlighted the importance of copper in meeting global energy needs and the limited ways investors can access the opportunity. COPP shares will include the physical copper allocation as of June 23, 2025.
COPP is part of Sprott’s family of critical materials and precious metals ETFs, which include Sprott Uranium Miners ETF, Sprott Junior Uranium Miners ETF, Sprott Lithium Miners ETF, and more.
Investors should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. ETFs provide continuous liquidity for trading throughout the day, potentially leading to higher transaction costs and taxes.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs, while ALPS Distributors, Inc. is the Distributor. Nasdaq®, Nasdaq Sprott Copper Miners™ Index, and NSCOPP™ are registered trademarks of Nasdaq, Inc. Sprott Inc. is a global asset manager focused on precious metals and critical materials investments.
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