Q: U.UN has had a pretty good climb in the last 3 months and has an 83% increase over the last year. Do you see this continuing and is it a good time to add to my small position?
5i Research Answer:
Uranium has had a giant run and there remains a supply/demand imbalance globally. We would be fine owning exposure to the sector but can't get personal on position sizes. The sector can be volatile but it is pretty hard to argue against this fund's annualized 26.59% returns.