Sprott Silver Bullion Fund
Lead Manager: Ninepoint Partners
Sub Advisor: Sprott Asset Management
|Distributions||Income and capital gains distributed annually (if any) Distributions are reinvested automatically|
|Fund Code||SPR 316 - (A)
SPR 326 - (F)
|$USD Fund Codes||SPR 309 - (A)
SPR 311 - (F)
|Nature of Securities||Mutual Fund Trust Units|
|Type of Fund||Precious Metals Fund|
|Minimum Initial Investment||$1,000 CDN|
|Minimum Subsequent Investment||$25 CDN|
|Minimum Investment Term||20 days (1% penalty)|
|Management Fee||1.30% Annual - (A) 0.85% Annual - (F)|
|Performance Fee||No Performance Fee|
|Eligible for Registered Plans||Yes|
|Investor Risk Tolerance||Medium|
0.45% per annum paid monthly - (A)
Fund ObjectiveThe investment objective of Sprott Silver Bullion Fund is to seek to provide a secure, convenient alternative for investors seeking to hold silver. The Fund will invest primarily in unencumbered, fully allocated silver bullion and silver certificates. The Fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills.
Why Invest in Silver?
Silver bullion may assist in protecting a portfolio from currency devaluation and inflation. Silver has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility. Silver's unique qualities also make it considerably useful in a large number of industrial applications, thus making it one of the few monetary metals that also enjoy a commodity driven demand profile.
• Increasing instability in the U.S. dollar
• Disproportionate silver investment in relation to gold
• Limited physical supply
• Increasing investment demand for physical silver
• Silver's unique fundamentals
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.