Sprott Physical Copper Fund Makes NYSE Debut
From etfdb.com
On Monday, May 4, the Sprott Physical Copper Trust (SCOP), began trading on the NYSE Arca. Previously a non-redeemable investment fund, the trust has now been restructured into a mutual fund. Copper has already seen renewed investor interest as of late, due in part to its critical role in electrification and energy generation. As investors continue to seek out diversified asset exposure, copper’s favorable long-term factors could make it a good choice. “Beyond near-term uncertainty, long-term investor sentiment toward copper is strengthening,” said Jacob White, CFA, director, ETF product management, at Sprott Asset ...
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