Sprott Active Metals & Miners ETF (METL)

The Sprott Active Metals & Miners ETF is an actively managed equity fund from Sprott Asset Management, a Toronto-based firm specializing in precious metals and real assets. It invests in companies engaged in the exploration, development and production of metals and minerals.

The portfolio can span producers of precious metals, base metals and other critical materials, and the managers select holdings based on their fundamental research into mining companies, projects and commodity markets rather than tracking an index. The fund provides equity exposure to the mining sector, not direct exposure to physical metals.