The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from CNW Group

Sprott Strategic Fixed Income Fund Appoints Equity Financial Trust Company as Trustee

Wednesday, January 30, 2013

Sprott Strategic Fixed Income Fund Appoints Equity Financial Trust Company as Trustee16:00 EST Wednesday, January 30, 2013/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/TORONTO, Jan. 30, 2013 /CNW/ - Sprott Asset Management LP ("Sprott") is pleased to announce the appointment of Equity Financial Trust Company as the trustee of Sprott Strategic Fixed Income Fund (the "Fund") and SFIF Trust, both managed by Sprott.  The appointment will be effective as of March 1, 2013.The Fund has been created to provide exposure, on a tax advantaged basis, to an actively managed portfolio (the "Portfolio") comprised primarily of long and short positions in fixed income securities from across the globe.About Sprott Asset Management LPSprott Asset Management LP (www.sprott.com), one of Canada's leading investment firms based in Toronto and a wholly owned subsidiary of Sprott Inc. (www.sprottinc.com), is a fund company dedicated to achieving superior returns for its investors over time. Sprott currently manages over $8 billion in assets divided among mutual funds, hedge funds, publicly traded companies and structured vehicles.Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions ''expect,'' ''intend,'' "will" and similar expressions to the extent that they relate to the Fund. The forward-looking statements are not historical facts but reflect Sprott's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Sprott believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Sprott does not undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.SOURCE: Sprott Strategic Fixed Income FundFor further information: on the Fund: Telephone: (416) 943-6707 Toll Free: 1 (866) 299-9906 Email: invest@sprott.com