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About Sprott Physical Copper Trust
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Inception date
Jun 6, 2024
Structure
Canadian Commodity Pool (ON)
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Primary advisor
Sprott Asset Management LP
ISIN
CA85210C1005
The Trust is the world's first physical copper fund, offering a secure and convenient alternative for investing in copper. It primarily holds long-term Copper assets and uses strategies such as futures contracts and warehouse receipts to enhance value and minimize risks. Copper demand is projected to rise due to global economic recovery, clean energy transitions, and technological advancements, potentially leading to a supply deficit starting this year. The Trust provides daily NAV reporting, lower costs, and logistical support. Copper is stored in reputable CME or LME-approved facilities with insurance against risks like loss, theft, or damage. The Trust adheres to ESG principles, following LME Responsible Sourcing rules, OECD guidelines, and UN Global Compact standards. SAM US advises on futures and other financial instruments. The Trust is unleveraged, only using short-term borrowings to settle trades. Daily NAV reporting ensures transparency.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPHCF assets under management is 71.79 M USD. It's risen 1.50% over the last month.
SPHCF fund flows account for −1.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SPHCF doesn't pay dividends to its holders.
SPHCF shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Jun 6, 2024, and its management style is Passive.
SPHCF follows the LME Copper Spot Price - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPHCF price has risen by 5.05% over the last month, and its yearly performance shows a −9.31% decrease. See more dynamics on SPHCF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.44% decrease in three-month performance and has increased by 16.86% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.44% decrease in three-month performance and has increased by 16.86% in a year.
SPHCF trades at a premium (11.19%) meaning the ETF is trading at a higher price than the calculated NAV.