Stock price when the opinion was issued
CCO is about 22% of the portfolio. Generally likes the sector. Rising demand for clean energy in most places around the world. Supply constraints, due to years of under-investment. Increasing government support. Some of the underlying names are getting pricey, look for a correction. Paying 99 bps for HURA. US version, URA, is a bit cheaper.
Into the spotlight with the Russian invasion of Ukraine. Controversial, but performing very well. Exposure to raw commodity as well as producers. Compare to URA, which is well off its highs of a decade ago.
That's the risk of investing in something like uranium. You can catch a nice uptrend, but who knows what's going to happen in the next 10 years. Speculative play.