The Sprott Canadian Equity Fund was re-opened as of January 3rd, 2006.
The Sprott Canadian Equity Fund is an RRSP eligible mutual fund designed to capitalize on investment opportunities in small-to-mid capitalization stocks of Canadian issuers across various industries.
Since its inception in September 1997, the Sprott Canadian Equity Fund has proven successful in achieving excellent returns for investors. As a result of its superior performance over the long-term, the Fund has been awarded an "A" rating from Fundata.
In the year 2006, the Sprott Canadian Equity Fund achieved a total annual net of fee compound return of 39.57%, compared to the S&P/TSX Composite Total Return Index, which posted a net gain of 17.26% for the year.
The Sprott Canadian Equity Fund was awarded "Fund of the Year" by Gordon Pape's 2003 Buyer's Guide.
Investment Objective The objective of the Fund is to outperform the broad Canadian equity market as measured by the S&P/TSX Composite Total Return Index, over the long term of 5+ years, providing long-term capital appreciation and value by investing primarily in small-to-mid capitalization stocks of Canadian issuers. To assist in achieving this objective, the Fund may focus its assets in specific industry sectors and asset classes based on the analysis of business cycles, industry sectors and market outlook.
Who Should Invest In This Fund? This Fund is suitable for those investors who are less conservative, wanting to share in the opportunities offered by the Canadian economy. Investors should have a medium to high-risk tolerance, with the expectation of higher long-term returns, which requires the ability to assume short-term volatility over a long-term horizon. Please refer to the simplified
prospectus for more details and definitions of the risks involved with this Fund.