14.020000 CAD
0.15
1.08%
Last update Dec 12, 1:31 PM EST
Market closed
Day range
14.020000
14.10000
Previous close
13.87000
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Sprott Physical Copper Trust
14.02
0.15
1.08%

Overview

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Description

Sprott Physical Copper Trust is a specialized investment vehicle designed to enable investors to gain exposure to the physical copper market. With a mandate to acquire and store physical copper, the trust offers an avenue for investors seeking a more direct investment in the metal itself, rather than its financial derivatives. This can be particularly appealing to those looking to diversify portfolios with tangible assets. The trust's primary function is to track the performance of copper prices by holding physical copper, thus providing a pure play on the metal's market value fluctuations. Moreover, its presence in the market highlights the growing recognition of copper's importance across various industries, including construction, electronics, and renewable energy technologies. Sprott Physical Copper Trust is instrumental in offering investors a straightforward and secure means of participating in the commodities market, reflecting the evolving investment landscape where industrial metals are seen as crucial to technological and infrastructure development globally.

About

Address
200 Bay Street
Suite 2600
Toronto, M5J 2J1, ON
Canada
Phone
416 943 8099
Website
Instrument type
Closed-end fund
Country
Canada
MIC code
NEOE
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