Overview
Gold bullion may assist in protecting a portfolio from currency devaluation and inflation. Gold has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility. Gold’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.
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Increasing instability in the U.S. dollar
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Increasing investment demand for physical gold
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Significant short positions
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Limited physical supply
Fund Objective
The Fund seeks to provide a secure, convenient alternative for investors seeking to hold gold. The Fund will invest primarily in unencumbered, fully allocated gold bullion and permitted gold certificates, the underlying interest of which is gold. The Fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills.
Investment Team
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Ninepoint Partners Sub Advised by Sprott Asset Management (SAM)Ninepoint Partners Sub Advised by Sprott Asset Management (SAM)Sprott Asset Management LP is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US and Asia, the Corporation is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management and Private Resource Investments. The Corporation also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toront...View Full Bio
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Maria Smirnova, MBA, CFASenior Portfolio Manager, Sprott Asset Management - Sub-AdvisorMaria Smirnova, MBA, CFASenior Portfolio Manager, Sprott Asset Management - Sub-AdvisorMaria joined Sprott Asset Management LP as a Research Associate in May 2005, and was appointed Associate Portfolio Manager in February 2010, Portfolio Manager in March 2014 and Senior Portfolio Manager in May 2017. Maria is part of the precious metals team and manages Ninepoint Silver Equities Fund and Ninepoint Gold and Precious Minerals Fund. Maria has over 20 years of experience in the financial services industry; she began her career at Excel Funds Management as Operations Manager, and su...View Full Bio
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Shree Kargutkar, MBA, CFASenior Portfolio Manager, Sprott Asset Management - Sub-AdvisorShree Kargutkar, MBA, CFASenior Portfolio Manager, Sprott Asset Management - Sub-AdvisorShree has more than 10 years of investment experience. He began his career at Sprott Asset Management in May 2010. During his time at Sprott, he has run both long-only and long-short strategies. Shree specializes in precious metals and commodities investing. He also leverages his expertise in derivatives across various mandates and implements strategies for risk mitigation, income generation and improving upside capture. Shree obtained his MBA from the University of Toronto in 2011. He holds...View Full Bio