Sprott Critical Materials ETF

Frequently Asked Questions About SETM

What does SETM invest in?

This fund aims to mirror the performance of a specific index by investing at least 80% of its total capital in the index's constituent securities. The underlying index focuses on companies that generate a minimum of 50% of their revenue or hold at least 50% of their assets from activities integral to "energy transition materials." These activities span the full spectrum, including the discovery (exploration), extraction (mining), development, production, processing (refining or smelting), and recycling of these critical materials. Alternatively, the index may also include firms whose primary assets are significant investments in such energy transition materials. Notably, this fund operates as a non-diversified investment vehicle.

What is the expense ratio of SETM?

Sprott Critical Materials ETF (SETM) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SETM?

Sprott Critical Materials ETF (SETM) manages $427.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SETM actively managed or an index fund?

SETM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SETM launched?

Sprott Critical Materials ETF (SETM) launched in February 2023 and is managed by Sprott.

How has SETM performed?

SETM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.