Sprott Enhanced U.S. Equity 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
|Issue Price||$10.00 per Unit|
Ordinary Dividends Paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically. For Series T and FT shares, shareholders will receive a target monthly distribution of 6% per annum.
|$USD Fund Codes||
SPR 390 - A (FE)
|$CAD Fund Codes||
SPR 402 - A (FE)
|$CAD Fund Codes Hedged||SPR 410 - AH (FE)
SPR 411 - AH (LL)
SPR 412 - FH
|Nature of Securities||Shares of a Class of a Mutual Fund Corporation|
|Type of Fund||US Focused Equity|
|Minimum Initial Investment||$1,000 USD|
|Minimum Subsequent Investment||$25 USD|
|Minimum Investment Term||20 days (1.5% penalty)|
|Management Fee||2.00% (Series A, T) 1.00% (Series F, FT)|
|Performance Fee||10% of Excess over S&P 500 Index|
|Eligible for Registered Plans||Yes|
|Investor Risk Tolerance||Medium|
Fund ObjectiveThe Fund is to seek to achieve long term capital growth by investing primarily in U.S. equity securities. The Fund provides downside protection through the use of option strategies and tactical changes to the amount of its equity exposure, and is suitable for investors with a long-term time horizon.
Why Invest in the Sprott Enhanced U.S. Class?
- Portfolio manager with proven experience managing the strategy.
- Upside potential of the U.S. markets with downside limited through the use of options, tactical cash allocation and loss limits.
- Exposure to the U.S. markets in U.S. dollars.
- An ideal solution for a core equity holding.
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.