Sprott Gold Miners ETF · AMEX:SGDM
Sprott Gold Miners ETF — Sprott Critical Materials ETFs — Investor Presentation (September 2024)
69 slides from Sprott Gold Miners ETF's investor presentation, Sep 30, 2024
Slide 1: Sprott Critical Materials ETFs Investor Presentation
Sprott Critical Materials ETFs Invest in Critical Materials Meeting Energy Demand Growth Investor Presentation September 30, 2024 V9_11.15.2024
Slide 2: A Global Leader in Precious Metals and Critical Materials Investments
A Global Leader in Precious Metals and Critical Materials Investments US$33.4B in AUM1 Sprott (SII) is publicly listed on the NYSE and TSX Exchange Listed Products Managed Equities Private Strategies $27.8 Billion AUM $3.3 Billion AUM $2.4 Billion AUM • Physical Bullion Trusts • Flagship U.S. Gold E
Slide 3: Presentation Outline
Presentation Outline Content Slides Surging Energy Consumption 5-9 AI, Data Centers & Critical Materials 10-13 The Energy Transition: Global Move to Cleaner Energy 14-17 The Case for Critical Materials 18-27 Critical Materials in Focus 28-35 Sprott Critical Materials ETFs: Overview of Funds 36-59 Sp
Slide 4: Sprott Critical Materials ETFs
Sprott Critical Materials ETFs Our ETFs give investors pure-play1 investment exposure to the critical materials meeting the world’s surging energy demands — through access to mining companies and physical materials that are likely positioned to benefit from quickly increasing demand, limited supplie
Slide 5: Surging Energy Consumption
Surging Energy Consumption Sprott Critical Materials ETFs | 5
Slide 6: Electricity Demand Estimated to Increase by 169% by 2050
Electricity Demand Estimated to Increase by 169% by 2050 • Evolving energy systems require 90,000 more electricity, which depends 80,194 on critical materials. 80,000 World Electricity Demand (Terawatt-hour – TWh) • Surging Energy Consumption in the East: Driven by the 70,000 urbanization and indust
Slide 7: Economic Growth is Energy Intensive
Economic Growth is Energy Intensive • As countries develop and Electricity & Income Per Capita2 20,000 become wealthier the need for electricity intensifies. U.S. • Developing countries’ electricity China growth has been substantial 2023 Electricity Consumption Per Capita (KWh) U.K compared to devel
Slide 8: Developing Countries Leading Nuclear Buildout
Developing Countries Leading Nuclear Buildout High growth countries like China and India are leading the world’s nuclear fleet build out. China and India account for over half of the world’s reactors that are currently under construction and planned. World Nuclear Power Reactors *Other Europe includ
Slide 9: Copper Demand Growth Climbing with Developing Countries
Copper Demand Growth Climbing with Developing Countries • Growth countries have significant critical Copper Consumption Forecasts materials requirements with countries like India, 12% Brazil and China leading the way for copper. 10% • As people become wealthier, they may increase 8% their quality of
Slide 10: AI, Data Centers & Critical Materials
AI, Data Centers & Critical Materials Sprott Critical Materials ETFs | 10
Slide 11: AI and Data Center Growth Could Drive Power Demand
AI and Data Center Growth Could Drive Power Demand • Earnings calls from electric utilities mentioned increased energy demand 120 times in the recent quarterly earnings cycle, up from 3 times 1.5 years ago.2 • In the next five years, consumers and businesses will generate twice as much data as all t
Slide 12: AI and Data Center Growth Could Drive Power Demand
AI and Data Center Growth Could Drive Power Demand • Globally, data centers’ electricity demand is forecasted Data Center Electricity to grow 258% from 2023 to 20301 Growth1 • Demand from global data centers is expected to 1,600 4.5% increase from 1.2% of global electricity supply to 4.1%.1 1,400 4.
Slide 13: Critical Materials Set To Benefit
Critical Materials Set To Benefit • Nuclear energy is emerging as an ideal solution for AI’s “clean firm” energy demand (carbon free energy that provides consistent output). • Copper’s superior electrical and thermal conductivity properties enable it to handle extensive power and cooling demands. •
Slide 14: The Energy Transition: Global Move to Cleaner Energy
The Energy Transition: Global Move to Cleaner Energy Sprott Critical Materials ETFs | 14
Slide 15: Most Nations Have Committed to Net-Zero Emissions Targets
Most Nations Have Committed to Net-Zero Emissions Targets parties, representing 103 countries and 80.7% of global 101 greenhouse gas emissions (GHGs), have communicated a net-zero target. Source: Climatewatchdata.org at https://www.climatewatchdata.org/net-zero-tracker as of 10/4/2024. Included for
Slide 16: Global Investment in Energy Transition
Global Investment in Energy Transition 2023 energy transition investment, $1.8 trillion, now far exceeds global investment in fossil fuels, according to clean energy research group BloombergNEF. $ billion 2,000 1,769 1,800 1,600 1,511 Clean shipping 1,400 Clean industry 1,190 1,200 Electrified heat
Slide 17: Inflation Reduction Act (IRA)
Inflation Reduction Act (IRA) August 2022 © 2024 Sprott Asset Management. All rights reserved. Telephone: 888.622.1813 Sprott Critical Materials ETFs | 17
Slide 18: The Case for Critical Materials
The Case for Critical Materials Sprott Critical Materials ETFs | 18
Slide 19: Clean Energy Requires Critical Materials
Clean Energy Requires Critical Materials Critical materials are essential for the global energy transition as we move to offset CO2 intensive energy sources with cleaner sources, including nuclear, electric vehicles (EVs), solar, wind, hydro and geothermal energy. Sprott’s Critical Materials Focus S
Slide 20: The Critical Materials for the Clean Energy Transition
The Critical Materials for the Clean Energy Transition Critical Materials Natural materials that are essential to the generation, transmission and storage of clean energy. © 2024 Sprott Asset Management. All rights reserved. Telephone: 888.622.1813 Sprott Critical Materials ETFs | 20
Slide 21: The Climbing Demand for Critical Materials
The Climbing Demand for Critical Materials We expect a significant increase in the demand for critical materials over the coming decades as the clean energy transition accelerates. Growth Projections for Clean Energy Demand in 2040, Relative to 2023 1400% 1200% 1000% 800% 600% 400% 200% 0% Lithium G
Slide 22: Majority of New U.S. Electricity Capacity Will Be Carbon Free in 2024
Majority of New U.S. Electricity Capacity Will Be Carbon Free in 2024 14 2% 0% 12 4% 13% 10 8 58% 23% 6 4 Solar 36.5 GW Batte ry Storage 14.3 GW Wind 8 .2 GW 2 Natural Gas 2.8 GW Nuclear 1.1 GW - Jan Feb Ma r Apr Ma y Jun Jul Aug Sept Oct Nov Dec Source: U.S. Energy Information Administration, Preli
Slide 23: Strong Growth In Battery-Based Electric Vehicles Is Underway
Strong Growth In Battery-Based Electric Vehicles Is Underway Across the globe, approximately 13.8 million electric cars (EVs) were sold in 2023, more than four times the sales three years ago. Sales are estimated to reach 16.7 million in 2024. Million China Europe North America South Korea Japan Res
Slide 24: EVs Are a Driver of Critical Material Demand
EVs Are a Driver of Critical Material Demand EVs generally require more minerals to build than their fossil fuel-based counterparts. A typical electric car requires 6x the mineral inputs of a conventional internal combustion engine (ICE) car. Minerals: Kilograms per Vehicle Conventional Car (ICE) 34
Slide 25: EVs Require a Range of Critical Materials
EVs Require a Range of Critical Materials Rechargeable lithium-ion (li-ion) batteries in EVs use far more minerals than lithium. Minerals are also critical for other parts of the vehicle. Battery Cathode: Lithium, Nickel, Cobalt and Manganese Battery Anode: Graphite Motor: Rare Earths Minerals (High
Slide 26: Main Types of Electric Vehicles
Main Types of Electric Vehicles EVs include: 2024e Sales by Drivetrain1 • Battery Electric Vehicles (BEV): Powered solely by an electric battery. • Plug-in Hybrid Electric Vehicles (PHEV): Electric motor powered by batteries and has an internal combustion engine. • Hybrid Electric Vehicles (HEV): En
Slide 27: A Transition to Hybrids Still Requires More Critical Materials
A Transition to Hybrids Still Requires More Critical Materials • Hybrids are growing at an even faster rate than BEVs • PHEV battery capacities are 36% the size of a BEV, while HEV’s are 2%1 • Whether the transition is to BEVs or hybrids, more critical materials are needed o HEVs, PHEVs and BEVs hav
Slide 28: Critical Materials in Focus
Critical Materials in Focus Sprott Critical Materials ETFs | 28
Slide 29: Uranium: Growing Focus on Nuclear as a Clean Energy Solution
Uranium: Growing Focus on Nuclear as a Clean Energy Solution Nuclear energy has the highest capacity factor1 versus both traditional and alternative energy sources and the least CO2 equivalent emissions versus other energy forms. Highest Energy Capacity Lowest Emissions Nuclear 6 93.1% CO2 Equivalen
Slide 30: Uranium Supply and Demand Imbalance May Likely Grow
Uranium Supply and Demand Imbalance May Likely Grow • We believe the era of inventory destocking is over. • Demand for uranium may likely outstrip supply, with a nearly 1-billion-pound deficit to 2040. • Net Zero Nuclear, the pledge to triple global nuclear capacity by 2050, would result in a nearly
Slide 31: Copper: A Central Role in Electricity Transmission and EVs
Copper: A Central Role in Electricity Transmission and EVs Copper Copper Supply and Demand Imbalance Likely to Grow • Demand for copper is likely to 60 Grid Electric vehicles outstrip supply going forward.1 50 Energy storage Power Millions of Metric Tons Others • Provides durability, malleability, 4
Slide 32: Visualizing Copper Demand Growth
Visualizing Copper Demand Growth The cumulative demand for copper to 2050 is greater than the total produced copper over the course of human history. Source: ENERGYminute. https://energyminute.ca/infographics/the-volume-of-2050-net-zero-copper-demand/ https://www.sciencedirect.com/science/article/pi
Slide 33: Growing Lithium Demand
Growing Lithium Demand Lithium demand is expected to rise substantially with the demand from EVs and grid battery storage expected to account for 91% of lithium demand by 2030.1 Lithium Demand Has and May Continue to Soar1,2 900 800 000 t Lithium Carbonate Equivalent 700 600 193% 500 400 300 200 100
Slide 34: Nickel: Essential for EV Li-ion Battery Cathodes
Nickel: Essential for EV Li-ion Battery Cathodes • Nickel is the most important metal by mass in the lithium-ion (Li-ion) battery cathodes used by EV manufacturers for long range vehicles. • Nickel currently makes up at least one-third of nickel manganese cobalt (NMC) cathodes and 80% of nickel coba
Slide 35: Silver: Critical to Solar Panels and EVs
Silver: Critical to Solar Panels and EVs Solar Panels • A silver paste is used to capture electrons produced from sunlight striking cells—its high conductivity makes silver highly effective. • The average solar panel uses ~20 grams of silver. Electric Vehicles • Silver’s high conductivity and ductil
Slide 36: Sprott Critical Materials ETFs Overview of Funds
Sprott Critical Materials ETFs Overview of Funds Sprott Critical Materials ETFs | 36
Slide 37: Sprott Critical Materials ETFs
Sprott Critical Materials ETFs Sprott Uranium Sprott Junior Sprott Copper Sprott Junior Sprott Lithium Sprott Nickel Sprott Critical Miners ETF Miners ETF Miners ETF Miners ETF Uranium Copper Materials ETF Miners ETF Miners ETF All prospectuses are available for download at https://www.sprott.com/al
Slide 38: Index Methodology
Index Methodology Global Security List: v Start with all global primary equity 90,000+ Companies securities of companies. v Screen for potential companies’ third Screen for Potential party databases, competitive analysis CM Companies and in-house research. Calculate Intensity v Research and quantify
Slide 39: Sprott Critical Materials ETF (SETM)
Sprott Critical Materials ETF (SETM) Sprott Critical Materials ETF (SETM) Sprott Critical Materials ETF1 (Nasdaq: SETM) is the only2 ETF to provide Investment Objective pure-play3 exposure to a broad range of critical materials and mining equities Sprott Critical Materials ETF (Nasdaq: SETM) essenti
Slide 40: Sprott Critical Materials ETF Composition
Sprott Critical Materials ETF (SETM) Sprott Critical Materials ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 108 • Market Cap (millions): $487,555 • Weighted Avg. Company Market Cap (millions): $12,739 • Market Cap Bre
Slide 41: Performance History
Sprott Critical Materials ETF (SETM) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR S.I.2 Sprott Critical Materials ETF1 (Net Asset Value) 11.87 4.61 1.36 1.44 -6.40 1 3 Sprott Critical Materials ETF (Market Price) 12.63 5.01 1.52 1.
Slide 42: Sprott Uranium Miners ETF (URNM)
Sprott Uranium Miners ETF (URNM) Sprott Uranium Miners ETF (URNM) Sprott Uranium Miners ETF (NYSE Arca: URNM) is the only1 Investment Objective ETF to provide pure-play2 exposure to uranium miners and Sprott Uranium Miners ETF (NYSE Arca: URNM) seeks to invest at least 80% of its physical uranium es
Slide 43: Sprott Uranium Miners ETF Composition
Sprott Uranium Miners ETF (URNM) Sprott Uranium Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 38 • Market Cap (millions): $51,739 • Weighted Avg. Company Market Cap (millions): $5,317 • Market Cap Breakdown o La
Slide 44: Performance History
Sprott Uranium Miners ETF (URNM) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR 3 YR S.I.1 Sprott Uranium Miners ETF (Net Asset Value) 11.20 -6.90 -3.74 1.05 10.31 34.57 Sprott Uranium Miners ETF (Market Price)2 9.51 -7.04 -4.98 0.86
Slide 45: Sprott Junior Uranium Miners ETF (URNJ)
Sprott Junior Uranium Miners ETF (URNJ) Sprott Junior Uranium Miners ETF (URNJ) Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) is the Investment Objective only1 ETF to provide pure-play2 exposure to small,3 exploration- Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) seeks to provide investment and
Slide 46: Sprott Junior Uranium Miners ETF Composition
Sprott Junior Uranium Miners ETF (URNJ) Sprott Junior Uranium Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 33 • Market Cap (millions): $19,788 • Weighted Avg. Company Market Cap (millions): $1,561 • Market Cap
Slide 47: Performance History
Sprott Junior Uranium Miners ETF (URNJ) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR S.I.1 Sprott Junior Uranium Miners ETF (Net Asset Value) 14.93 -6.90 -3.55 -1.31 9.23 2 Sprott Junior Uranium Miners ETF (Market Price) 12.46 -6.9
Slide 48: Sprott Copper Miners ETF (COPP)
Sprott Copper Miners ETF (COPP) Sprott Copper Miners ETF (COPP) Sprott Copper Miners ETF (Nasdaq: COPP) is the only1 ETF to Investment Objective provide pure-play2 exposure to large-, mid- and small-cap copper Sprott Copper Miners ETF (Nasdaq: COPP) seeks to provide investment results that, miners,
Slide 49: Sprott Copper Miners ETF Composition
Sprott Copper Miners ETF (COPP) Sprott Copper Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 51 • Market Cap (millions): $343,325 • Weighted Avg. Company Market Cap (millions): $31,473 • Market Cap Breakdown o La
Slide 50: Performance History
Sprott Copper Miners ETF (COPP) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO S.I.1 Sprott Copper Miners ETF (Net Asset Value) 8.75 4.44 32.50 Sprott Copper Miners ETF (Market Price)2 8.69 3.91 32.15 Nasdaq Sprott Copper Miners™ Index (Bench
Slide 51: Sprott Junior Copper Miners ETF (COPJ)
Sprott Junior Copper Miners ETF (COPJ) Sprott Junior Copper Miners ETF (COPJ) Sprott Junior Copper Miners ETF (Nasdaq: COPJ) is the only1 Investment Objective ETF to provide pure-play2 exposure to small,3 exploration- and Sprott Junior Copper Miners ETF (Nasdaq: COPJ) seeks to provide investment res
Slide 52: Sprott Junior Copper Miners ETF Composition
Sprott Junior Copper Miners ETF (COPJ) Sprott Junior Copper Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 45 • Market Cap (millions): $22,715 • Weighted Avg. Company Market Cap (millions): $984 • Market Cap Brea
Slide 53: Performance History
Sprott Junior Copper Miners ETF (COPJ) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR S.I.1 Sprott Junior Copper Miners ETF (Net Asset Value) 8.86 7.72 28.08 36.24 10.98 2 Sprott Junior Copper Miners ETF (Market Price) 8.61 7.57 27.7
Slide 54: Sprott Lithium Miners ETF (LITP)
Sprott Lithium Miners ETF (LITP) Sprott Lithium Miners ETF (LITP) Sprott Lithium Miners ETF (Nasdaq: LITP) is the only1 ETF to Investment Objective provide pure-play2 exposure to the lithium miners that supply a Sprott Lithium Miners ETF (Nasdaq: LITP) seeks to provide investment results that, criti
Slide 55: Sprott Lithium Miners ETF Composition
Sprott Lithium Miners ETF (LITP) Sprott Lithium Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 44 • Market Cap (millions): $69,027 • Weighted Avg. Company Market Cap (millions): $4,902 • Market Cap Breakdown o La
Slide 56: Performance History
Sprott Lithium Miners ETF (LITP) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR S.I.1 Sprott Lithium Miners ETF (Net Asset Value) 13.09 4.85 -34.94 -42.20 -40.88 Sprott Lithium Miners ETF (Market Price)2 12.98 4.60 -35.49 -42.21 -41.
Slide 57: Sprott Nickel Miners ETF (NIKL)
Sprott Nickel Miners ETF (NIKL) Sprott Nickel Miners ETF (NIKL) Sprott Nickel Miners ETF (Nasdaq: NIKL) is the only1 ETF to Investment Objective provide focused exposure to the nickel miners that supply a Sprott Nickel Miners ETF (Nasdaq: NIKL) critical material for the batteries that store clean en
Slide 58: Sprott Nickel Miners ETF Composition
Sprott Nickel Miners ETF (NIKL) Sprott Nickel Miners ETF Composition Portfolio Characteristics1 Company Domicile Breakdown1 (As of 9/30/2024) (As of 9/30/2024) • Number of Issuers: 25 • Market Cap (millions): $24,524 • Weighted Avg. Company Market Cap (millions): $1,904 • Market Cap Breakdown o Larg
Slide 59: Performance History
Sprott Nickel Miners ETF (NIKL) Performance History Performance: Average Annual Total Returns* (%) QUARTER END AS OF 9/30/2024 1 MO 3 MO YTD 1 YR S.I.1 Sprott Nickel Miners ETF (Net Asset Value) 11.34 4.61 -1.14 -13.38 -13.13 Sprott Nickel Miners ETF (Market Price)2 10.53 3.57 -3.54 -14.05 -13.96 Na
Slide 60: How Do Critical Materials ETFs Fit into an Investment Portfolio?
How Do Critical Materials ETFs Fit into an Investment Portfolio? Depending on the investor type and the investment portfolio mandate, critical material miners can fit into several asset class categories Asset Class Categories: Ø Commodities Ø Small- to Mid-Cap Ø Energy Ø Alternatives Ø ESG Oriented
Slide 61: Sprott Client Services Team
Sprott Client Services Team © 2024 Sprott Asset Management. All rights reserved. Telephone: 888.622.1813 Sprott Critical Materials ETFs | 61
Slide 62: Distributor Contact Details
Distributor Contact Details ALPS Distributors, Inc. 1290 Broadway, Suite 1000 Denver, CO 80203 © 2024 Sprott Asset Management. All rights reserved. Telephone: 888.622.1813 Sprott Critical Materials ETFs | 62
Slide 63: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Critical Materials ETF (Nasdaq: SETM) Effective October 1, 2024, Sprott Energy Transition Materials ETF changed its name to Sprott Critical Materials ETF. The Fund's underlying index, the Nasdaq Sprott Energy Transition MaterialsTM Index, chang
Slide 64: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Uranium Miners ETF (NYSE Arca: URNM) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Uranium Miner
Slide 65: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Junior Ur
Slide 66: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Copper Miners ETF (Nasdaq: COPP) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Copper Miners ETF
Slide 67: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Junior Copper Miners ETF (Nasdaq: COPJ) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Junior Cop
Slide 68: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Lithium Miners ETF (Nasdaq: LITP) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Lithium Miners E
Slide 69: Risk Disclosures and Other Important Information
Risk Disclosures and Other Important Information Sprott Nickel Miners ETF (Nasdaq: NIKL) This material must be preceded or accompanied by a prospectus. An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Sprott Nickel Miners ETF
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