Press release from CNW Group
Sprott Strategic Fixed Income Fund Announces Monthly Distribution of $0.05 per unit for May 2013
Friday, May 17, 2013
Sprott Strategic Fixed Income Fund Announces Monthly Distribution of $0.05 per unit for May 201317:00 EDT Friday, May 17, 2013
TORONTO, May 17, 2013 /CNW/ - Sprott Strategic Fixed Income Fund ("Fund"), ticker SFI.UN-T, a fund created to provide exposure, on a tax-advantaged basis, to an actively managed portfolio comprised of long and short positions in fixed income securities and managed by Sprott Asset Management LP, today declared the Fund's regular monthly distribution for May 2013.
|Record Date||Payable Date||Distribution Per Unit|
|May 2013||May 30, 2013||June 10, 2013||0.0500|
Cumulative distributions paid since inception: $1.0725 per unit
About Strategic Fixed Income Fund
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. In addition, the Portfolio's currency exposure is actively managed to both mitigate risk and enhance Portfolio returns.
The Fund's investment objectives are to maximize absolute total returns with low volatility relative to traditional, long-only bond funds and to provide unitholders with monthly tax-advantaged distributions.
About Sprott Asset Management LP
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., is an investment manager dedicated to achieving outstanding returns for its investors over the long-term. With a history dating back to 1981, Sprott has a team of leading investment professionals that think independently and have the courage to act on their convictions. Our clients include individual and high-net-worth investors, institutions and endowments. Please visit us at www.sprott.com to learn more about our award-winning investment professionals and their market insights.
SOURCE: Sprott Strategic Fixed Income Fund
For further information:
on Sprott, please visit www.sprott.com or inquiries regarding the Fund, please contact us at (416) 362-7172 or (866) 299-9906 or firstname.lastname@example.org.