Sprott Enhanced Balanced Class
Effective August 1, 2017 Ninepoint Partners LP bought the Canadian Diversified Assets of Sprott Asset Management LP (SAM).
John Wilson joined SAM in January 2012 with over 25 years of investment and business experience. Previously, he was Chief Investment Officer at Cumberland Private Wealth Management. Prior to that, John founded DDX Capital Partners, an alternative investment management firm; was Managing Director and a top-rated technology analyst* at RBC Capital Markets; and previously, a Director at UBS Canada.
John earned his Bachelor of Science in Electrical Engineering from Queen’s University, and is an MBA graduate of The Wharton School, University of Pennsylvania.
* Brendan Wood International, top rated in 1999 and 2000
|Fund Type||Canadian Equity Balanced|
|Registered Tax Plan Status||Expected to be 100% Eligible|
|Minimum Initial Investment||$1,000 CDN|
|Minimum Subsequent Investment||$25 CDN|
|Management Fee||1.90% (Series A, T) 0.90% (Series F, FT)|
|Performance Fee||10% of Excess over blended benchmark index1|
|Minimum Investment Term||20 days (1.5% penalty)|
SPR 438 - (A)
|Investor Risk Tolerance||Low|
Ordinary Dividends Paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically. For Series T and FT shares, shareholders will receive a target monthly distribution of 6% per annum.
40% S&P/TSX Composite TRI;
30% S&P 500 TRI CAD;
30% DEX Universe Bond Index
Fund ObjectiveThe Fund seeks to achieve long term capital growth and income. The Fund invests primarily in equities and fixed-income securities of Canadian issuers, and may invest a portion of its assets in foreign equities and fixed-income securities. The Fund will seek to enhance income generation by employing investment strategies such as short selling and options trading.
Why Invest in the Sprott Enhanced Balanced Class
- Focus on absolute returns with emphasis on capital preservation.
- Disciplined investment process to manage downside risk.
- Experienced portfolio managers with a proven track record.
- An ideal core balanced holding for investors seeking conservative growth and current income.
- Series T and FT are available to provide monthly tax-efficient distributions for investors seeking regular cash flow (target yield of 6%).
- As part of Sprott Corporate Class Inc., it offers the flexibility of switching to other share classes on a tax-deferred basis.
|Typical Range of Equities Allocation:||50% to 75%|
|Typical Range of Fixed Income Allocation:||25% to 50%|
|Foreign Content Allocation:||Up to 30%|
|Ability to use Covered Call Options:||Yes|
|Ability to use Put Options for Hedging:||Yes|
|Ability to Short Sell**:||Yes|
** subject to regulatory requirements
The indicated rates of return for series A/class A securities of the Funds are based on the historical annual compounded total returns including changes in unit/share value and reinvestment of all distributions or dividends and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.