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Fund Price: $10.78 (as at April 27, 2016)  1-day chg: $.0112 0.10%  YTD: 0.51%

Returns as at March 31, 2016

  Fund Group Avg Index*
1 Month 0.42% 0.57% 0.57%
3 Months 0.51% 0.45% 0.40%
6 Months 0.82% 0.48% 0.45%
1 Year 0.24% -0.29% -0.33%
2 Year Avg 1.85% 1.12% 0.85%
3 Year Avg 1.63% 0.92% 0.80%
4 Year Avg 1.79% 1.21% 1.06%
5 Year Avg - 1.47% 1.44%
10 Year Avg - 2.40% 2.23%
15 Year Avg - 2.70% 2.51%
20 Year Avg - 3.36% 3.06%
Since Inception 1.71% - -
 
2015 1.71% 0.58% 0.30%
2014 2.17% 1.79% 1.74%
2013 1.16% 0.54% 0.48%
 
3 year risk 1.41 1.82 1.13
3 year beta 1.09 1.02 1.00

*Globe Cdn Short Tm Fixed Inc Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Cdn Short Tm Fixed Inc Peer Index.

Risk Measures as at March 31, 2016

Best/Worst 12 months (since inception)
Best (ending Jan 15): 3.64 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -0.20 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: 1 High

Fund Objectives

The Fund aims to preserve capital and maintain liquidity. It seeks a similar return to its underlying fund, Sprott Short-Term Bond Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests primarily in short-term debt securities issued by Canadian federal, provincial and municipal governments as well as corporate issuers.

Fund Facts

Fund Sponsor: Sprott Asset Management LP
Managed by: Sprott Asset Management LP
Fund Type: MF Corp
Inception Date: September 2011
Asset Class: Canadian Short Term Fixed Income
Quartile Rank: 2 (3YR ending March 31, 2016)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.84%
Management Fee: 0.75%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000
Subsequent:
$100
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2015

Bond Type December 31, 2015

Bond Term December 31, 2015

Top Holdings as at December 31, 2015

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at April 28, 2016
1 Year Performance (%)
  Mbarc Credit Canada Inc 15-Dec-2017 15a Bond 6.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Royal Bank of Canada, 1.92%, JUL/17/20 Bond 6.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Amex Ca Credit 2.310% 29-Mar-2018 Bond 5.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  BP Capital Markets PLC, 2.74%, FEB/24/17 Bond 5.88   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ford Credit Canada, 4.88%, FEB/08/17 Bond 5.58   -3.07 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Choice Properties REIT, 3.00%, APR/20/16 Bond 5.42   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Molson Coors Brewing, 2.25%, SEP/18/18 Bond 5.41   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canada Housing Trust, 1.25%, DEC/15/20 Bond 4.63   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Loblaw Companies, 3.75%, MAR/12/19 Bond 4.09   -2.28 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Scott Colbourne, Ben Chim

Sprott Asset Management LP

Start Date: October, 2011

Fund Return: 1.78%

Also manages:Sprott Diversified Bond Series A

View fund manager performance report