Sprott introduces an ETF called the METL, which is an actively managed exchange-traded fund that gives an investor exposure to the metals and mining companies that are aimed at the long-term growth of the strategic metals.

Sprott Inc. has introduced an actively managed fund, the Sprott Active Metals and Miners ETF, which aims to provide capital growth over a long period of time by investing in the data-boosting industry of metals and mining. The ETF traces industry lifecycle companies such as miners, recyclers and royalty and streaming companies specialized in strategic high-demand metals in the global market.

The METL investment strategy is an up-down market analysis and bottom-up stock selection, picking undervalued companies with good long-term underlying. A team of decades of cumulative metals and mining experience manages the portfolio, led by Senior Portfolio Manager and Economic Geologist Justin Tolman, with Maria Smirnova, Shree Kargutkar, and Victor Huwang.

According to Whitney George, CEO of Sprott, "Every year, his team conducts up to 200 management meetings and up to 30 visits to mining sites. This practical answer means we can develop a vibrant portfolio of miners of key metals such as copper, uranium, silver, steel, and lithium that are necessary both in energy independence and growth industries."

This ETF will provide investors with exposure to metals and mining opportunities through an actively managed approach, ensuring flexibility, liquidity, and tax efficiency. The new fund, launched by Sprott, is a response to the rising strategic use of metals in world supply chains, and the investor is poised to benefit from the long-term demand patterns in the mining industry.

METL has just come to Nasdaq, where people participating in the market have direct access to a diversified and actively managed portfolio in the metals and mining industry