Sprott Enhanced Balanced Fund

Investment Team

  • John Wilson
    Managing Partner

Fund Details

Fund Status Open
Distributions Income (if any) Distributed Quarterly, Capital Gains (if any) Annually, Reinvested Automatically. Monthly Cash Distributions (T)
Fund Code

SPR 240 - (A)
SPR 243 - (T-FE)
SPR 245 - (F)
SPR 247 - (FT)
SPR 241 - (A-LL)
SPR 244 - (T-LL)

Inception Date 4/16/2012
Nature of Securities Mutual Fund Trust Units
Type of Fund Canadian Balanced Equity
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term 20 days (1.5% penalty)
Management Fee 1.90% (Series A, T) 0.90% (Series F, FT)
Performance Fee 10% of Excess over blended benchmark index1
Eligible for Registered Plans Yes
Investor Risk Tolerance Low

Fund Objective

The Fund seeks to achieve long term capital growth and to generate current income. The Fund invests primarily in Canadian equities, fixed-income securities of Canadian issuers, and foreign equities and fixed-income securities. The Fund provides downside protection through tactical changes to asset allocation and the use of option strategies.

Unit Price (NAV - Series A)

Fund Performance as at November 30, 2017

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.2 4.4 5.7 2.4 4.3 - 4.2
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Sprott Diversified Bond Fund
  2. SPDR Euro Stoxx 50 ETF
  3. Fiserv Inc.
  4. CGI Group Inc.
  5. Transcanada Corporation
  6. Altagas Income Ltd.
  7. Northrop Grumman Corp.
  8. Unitedhealth Group Inc.
  9. Brookfield Infrastructure Partner LP
  10. Suncor Energy Inc.
Allocation data as at September 29, 2017

Why Invest in the Sprott Enhanced Balanced Fund

  • Experience and expertise - Prior to joining Ninepoint Partners, John managed assets exclusively for high net worth investors, and had a demonstrated track record of index-beating performance;
  • Versatile - The Fund is designed to weather today's volatile investment environment; the managers utilize a flexible and opportunistic approach to maximize absolute returns;
  • Growth with downside protection - The managers use a disciplined investment process that focuses on capital preservation and risk management: tactical asset allocation, equity option strategies and short selling
  • Core balanced holding - The Fund provides an actively managed solution, ideal for investors seeking conservative growth and current income;
  • Tax-efficient cash-flow - Series T and FT are available to provide monthly tax-efficient

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.