BetaShares Solar ETF (TANN) and BetaShares Global Uranium ETF (URNM) are set to be launched on the ASX in June 2022. According to the fund management giant, TANN will provide investors with exposure to the solar energy industry, including companies involved in the manufacturing of solar panels, solar-powered charging and energy storage systems, inverter suppliers, installers, and solar project finance providers.
URNM, on the other hand, will capture global companies involved in modern nuclear energy, the development and production of uranium and mining exploration. Companies that hold physical uranium or uranium royalties will also be included. BetaShares explained that TANN and URNM aim to reduce the risks, both stock-specific and geographic, affiliated with investing in solar and uranium individually. Globally, the use of solar and uranium as energy sources is…