Sprott Enhanced U.S. Equity Class

Investment Team


  • John Wilson
    Managing Partner

Fund Details

Fund Status Open
Issue Price $10.00 per Unit
Distributions

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)
SPR 393 - A (LL)
SPR 391 - F
SPR 395 - T (FE)
SPR 396 - T (LL)
SPR 394 - FT

$CAD Fund Codes

SPR 402 - A (FE)
SPR 406 - A (LL)
SPR 403 - F
SPR 408 - T (FE)

SPR 409 - T (LL)
SPR 407 - FT

$CAD Fund Codes Hedged SPR 410 - AH (FE)
SPR 411 - AH (LL)
SPR 412 - FH  
Inception Date 7/22/2015
Nature of Securities Shares of a Class of a Mutual Fund Corporation
Type of Fund US Focused Equity
Valuations Daily
Redemptions Daily
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 Objective

The 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.

Unit Price (NAV - Series A)

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.