ARCX
SCOP
Market cap129mUSD
, Last price
USD
Name
Sprott Physical Copper Trust
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Profile
The Sprott Physical Copper Trust represents the world's pioneering physical copper investment vehicle, offering investors a secure and straightforward method to gain exposure to the metal. Its primary focus is on holding physical copper assets for the long term. To enhance potential returns and mitigate risks, the Trust strategically utilizes tools such as copper futures contracts and warehouse receipts. Projections indicate a substantial increase in copper demand, fueled by global economic recovery, the shift towards clean energy technologies, and ongoing technological advancements, which could result in a supply deficit beginning this year. The Trust provides advantages including daily net asset value (NAV) reporting, competitive costs, and robust logistical support. All physical copper is securely stored in highly regarded facilities approved by the CME or LME, with comprehensive insurance coverage against perils like loss, theft, or damage. Furthermore, the Trust is committed to strong environmental, social, and governance (ESG) principles, aligning with LME Responsible Sourcing rules, OECD guidelines, and the UN Global Compact standards. SAM US offers specialized advice regarding the Trust's use of futures and other financial instruments. Operating without leverage, the Trust only employs short-term borrowings for the specific purpose of settling trades, and its transparency is ensured through daily NAV reporting.
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