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  5. CCO: I currently own URNM, a uranium etf. [Cameco Corporation]
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Investment Q&A

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Q: I currently own URNM, a uranium etf. I'm thinking of switching out of it to equal weights of CCO, DML and NXE. What do you think of this strategy? Are you comfortable with the three producers or is there another one you would swap in? Or do you prefer just to keep URNM? Your thoughts?
Asked by Steven on March 19, 2024
5i Research Answer:

We would be quite comfortable with this proposal, and the three stocks would be our picks as well. The three stocks represent about 24% of the ETF so there will still be some correlation (and no fees).