The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $20.51 (as at November 30, 2016)  30 day chg:  -17.37%  YTD: 39.07%

Returns as at October 31, 2016

  Fund Group Avg Index*
1 Month -6.65% -0.67% 0.62%
3 Months -18.43% 0.18% 2.12%
6 Months 5.09% 4.01% 7.53%
1 Year 61.80% 4.75% 12.71%
2 Year Avg 26.38% 0.81% 3.69%
3 Year Avg 1.23% 4.39% 6.57%
4 Year Avg -16.93% 5.10% 7.66%
5 Year Avg -19.98% 3.16% 7.01%
10 Year Avg -6.16% 3.81% 4.84%
15 Year Avg -24.93% 5.08% 7.98%
20 Year Avg - 11.70% 7.44%
Since Inception 5.85% - -
 
2015 -10.97% -0.64% -8.32%
2014 -17.58% 6.57% 10.55%
2013 -55.74% 11.28% 12.99%
 
3 year risk 43.37 14.95 8.24
3 year beta 1.95 0.40 1.00

*S&P/TSX Total Return

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Total Return.

Risk Measures as at October 31, 2016

Best/Worst 12 months (since inception)
Best (ending May 02): 112.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Jun 03): -99.21 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 36 High

Fund Objectives

The Fund's investment objective is to maximize absolute returns on investments. The Fund intends to accomplish its set objective through superior securities selection by taking both long and short investment positions. The Funds managers may also execute arbitrage strategies, seek spin-off opportunities and participate in select private placements in order to maximize investment returns. The investment team will vary the allocation of long and short positions depending on their view of the domestic and international economy and market trends including liquidity flows within the U.S. financial system. The Fund will overweight certain industry sectors and asset classes, such as cash and gold when deemed appropriate by the Investment Manager.

Fund Facts

Fund Sponsor: Sprott Asset Management LP
Managed by: Sprott Asset Management LP
Fund Type: MF Trust
Inception Date: November 2000
Asset Class: Alternative Strategies
Quartile Rank: 3 (3YR ending October 31, 2016)
Total Assets: $102.6 million
Mgmt Exp. Ratio (MER): 2.22%
Management Fee: 2.00%
Load Type: Front End
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$150,000
Subsequent:
$25,000
Min. Invest (initial RRSP):
$150,000
Subsequent RRSP:
$25,000
Closed:
Yes
Restricted:
Yes
Restriction:
(Min Initial Investment $150,000); Min $150K, $25K if accredited
 
 

Asset Allocation October 31, 2016

Equity Sector Weightings October 31, 2016

Fund Geography October 31, 2016

Top Holdings as at October 31, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at December 2, 2016
1 Year Performance (%)
  Other Other 8.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
EDV-T Endeavour Mining Corp. Management and Diversified Cayman Islands Stock 7.0   202.67 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BTO-T B2Gold Precious Metals Canada Stock 5.38   95.81 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RIC-T Richmont Mines Precious Metals Canada Stock 5.14   107.31 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
PVG-T Pretium Resources Metal Mines Canada Stock 4.99   57.92 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AKG-T Asanko Gold Inc. Precious Metals Canada Stock 4.79   117.65 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
NMI-T Newmarket Gold - Canada Stock 4.61   135.14 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
AEM-T Agnico Eagle Mines Precious Metals Canada Stock 4.35   40.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Paul Wong, Jason Mayer, Maria Smirnova

Sprott Asset Management LP

Start Date: January, 2015

Fund Return: 35.25%

Also manages:Sprott Bull/Bear RSP A, Sprott Gold and Precious Min Srs A

View fund manager performance report