Sprott Gold & Precious Minerals Fund

The Sprott Gold and Precious Minerals Fund received the Lipper Fund Award 2010 for 'Best Fund over 1 Year' in the Precious Metals Equity Category.

Investment Objective
The primary objective of this Fund is to provide long-term capital growth. In order to achieve its investment objective, the Fund invests primarily in gold, gold certificates, precious metals and minerals, the certificates relating to such metals and minerals and/or in equity securities of companies that are directly or indirectly involved in the exploration, mining, production or distribution of gold and precious metals and minerals.

Management Team

John Embry
Chief Investment Strategist

Charles Oliver, HBSc Geology, CFA
Senior Portfolio Manager

Jamie Horvat, LIFA
Senior Portfolio Manager

 

Fund Status OPEN
Fund Code SPR 003 - (A)
SPR 230 - (LL)
SPR 300 - (F)
Launched November 15, 2001
Nature of Securities Offered Mutual Fund Trust Units
Type of Fund Gold and Precious Minerals Fund
Valuations/Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $500 CDN
Minimum Investment Term 180 days (3% penalty)
Management Fee 2.5% annual - (A)
Performance Fee 10% of excess over S&P/TSX Global Gold Index
Eligible for registered plans Yes
Investor Risk Tolerance High
Distributions Income and Capital Gains Distributed Annually (if any)
Distributions are reinvested automatically
transfer agent RBC Dexia

Sprott Gold & Precious Minerals Fund

Daily Pricing as at September 3, 2010

Price (CAD$)MTDYTD
Sprott Gold & Precious Minerals Fund (SPR003)63.732.7%24.0%
S&P/TSX Global Gold Index - 13.6% 28.8%

 

Compound Returns vs Index as at August 31, 2010 (net of all fees)

Sprott Gold & Precious
Minerals Fund
S&P/TSX Global Gold Index S&P 500 Index
(CAD$)
Performance (YTD)24.0%6.9%2.9%
1 Month16.4%-8.6%1.6%
3 Month12.2%-0.2%5.1%
6 Month27.2%5.9%7.7%
1 Year68.6%6.9%15.9%
3 Year11.1%0.9%-15.2%
5 Year16.4%10.0%0.6%
10 Year-11.4%-10.7%
Inception23.1%--

 

Growth of $10,000 Since Inception

As at February 26, 2010

The Sprott Gold & Precious Minerals Fund launched November 15, 2001

* All returns are based on Series A units.
** All periods greater than 1 year are annualized.
*** Compound annual growth rate of index is since fund inception.

Sprott Gold & Precious Minerals Fund

Sector Allocation
as at: June 30, 2010
Mining & Precious Metals
94.4 %
Bullion
3.8 %
Geographic Distribution
as at: June 30, 2010
Canada 86.0 %
United States5.0 %
International4.0 %
Top Ten Holdings
as at: June 30, 2010
1Barrick Gold Corporation
2Osisko Mining Corporation
3Silver Wheaton Corp.
4Guyana Goldfields Inc.
5Wesdome Gold Mines Ltd.
6Colossus Minerals Inc.
7Silver Bullion
8IAMGOLD Corporation
9Kinross Gold Corporation
10San Gold Corporation
*Portfolio data is updated each quarter with a one month lag

Sprott Gold & Precious Minerals Fund

 

 

"It has been a frustrating test of patience over the last couple of years, but we believe that the trip to US$2,000 gold is now upon us."


- Charles Oliver & Jamie Horvat;
Senior Portfolio Managers.
October, 2009