Overview
Description
Sprott Physical Copper Trust is a closed-end investment trust dedicated to providing investors with direct exposure to the physical copper market. The trust’s primary function is to acquire and securely store copper metal, allocating substantially all its assets to physical copper rather than copper-related financial derivatives. This approach offers a transparent, liquid, and exchange-traded alternative for those seeking to participate in the copper market without the operational challenges of sourcing and storing the commodity themselves.
Managed by Sprott Asset Management LP with technical advisory from WMC Energy B.V., the trust benefits from expert oversight and extensive experience in commodities. Units of the trust track the price performance of copper, reflecting fluctuations in the underlying market. The trust provides daily reporting of net asset value and holdings, ensuring transparency for investors.
Copper plays a crucial role in sectors such as construction, electronics, and the transition to renewable energy technologies, making the trust a significant vehicle for investors interested in the industrial metals space. With its focus on physical holdings, the Sprott Physical Copper Trust stands out as an efficient and straightforward way to gain pure-play exposure to a vital global commodity.
About
Address
200 Bay Street
Suite 2600
Toronto, M5J 2J1, ON
Canada
Suite 2600
Toronto, M5J 2J1, ON
Canada
Phone
416 943 8099
Website
—
Instrument type
Closed-end fund
Country
Germany
MIC code
XFRA