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Fund Price: $10.87 (as at December 14, 2017)  1-day chg: $-.01 -0.09%  YTD: 0.29%

Returns as at November 30, 2017

  Fund Group Avg Index*
1 Month 0.19% 0.12% 0.12%
3 Months 0.29% 0.08% 0.07%
6 Months -0.78% -0.44% -0.47%
1 Year 0.18% 0.48% 0.46%
2 Year Avg 0.88% 0.78% 0.68%
3 Year Avg 1.08% 0.48% 0.51%
4 Year Avg 1.32% 0.66% 0.79%
5 Year Avg 1.27% 0.63% 0.75%
10 Year Avg - 1.89% 1.83%
15 Year Avg - 2.12% 2.13%
20 Year Avg - 2.87% 2.59%
Since Inception 1.39% - -
 
2016 0.99% 0.94% 0.79%
2015 1.71% 0.15% 0.30%
2014 2.17% 1.64% 1.74%
 
3 year risk 1.54 1.97 1.06
3 year beta 1.36 0.95 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 November 30, 2017

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 Sep 17): -0.95 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: 2 High

Fund Objectives

The Fund aims to preserve capital and maintain liquidity. It seeks a similar return to its underlying fund, the 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 November 30, 2017)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.87%
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 October 31, 2017

Bond Type October 31, 2017

Bond Term October 31, 2017

Top Holdings as at October 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at December 14, 2017
1 Year Performance (%)
  TD Capital Trust Perp Bond 9.48   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian Imperial Bank of Commerce 1.640 Bond 7.62   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Montreal, 3.40%, APR/23/21 Bond 6.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bruce Power 2.844% 23-Jun-2021 Bond 6.04   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian Imperial Bank of Commerce 0.000 Bond 5.93   - 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 5.36   - 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 4.49   - 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 4.19   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Canadian Western Bank, 2.79%, SEP/13/21 Bond 3.59   -1.45 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 3.05   -1.29 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: 1.53%

Also manages:Sprott Diversified Bond Cl Srs PFT, Sprott Diversified Bond Cl Srs QF, Sprott Diversified Bond Series A, Sprott Diversified Bond Series I, Sprott Diversified Bond Series PF, Sprott Diversified Bond Series PT, Sprott Diversified Bond Series Q, Sprott Diversified Bond Series QF, Sprott Diversified Bond Series QFT, Sprott Diversified Bond Series QT, Sprott Short-Term Bond Series I

View fund manager performance report