Sprott Global Equity Fund
The Sprott Global Equity Fund, launched on April 25th, 2007, is an RRSP eligible mutual fund designed to provide greater options for Canadians looking to increase their exposure to global markets.
Investment Objective The primary objective of the Fund is to achieve long-term capital growth by investing primarily in equity and equity-related securities of companies around the world.
Investment Strategy To achieve the Fund's investment objective, the Portfolio Adviser will use a proprietary quantitative model to identify medium to large capitalization companies with the potential for capital appreciation over the long-term. The Fund will invest primarily in global companies with a minimum market capitalization at the time of investment of approximately $1 billion US. The Fund may choose other permitted investments, such as cash, when considered appropriate and may, subject to approval, short sell up to a maximum of 20%. The portfolio will be broadly diversified with geographical exposure across the globe.
Who Should Invest In This Fund? This Fund is suitable for investors seeking long-term capital growth with a medium to high tolerance for risk and volatility, wanting to share in the opportunities offered by the global economy, and with the expectation of growth potential of equity securities of global and Canadian companies. Investors should be investing for the longer term. The Fund is intended to only represent a portion of an investors total investment portfolio. Please refer to the simplified prospectus for more details and definitions of the risks involved with this Fund.
Fund Facts
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Sprott Global Equity Fund |
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| Fund Status |
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Open |
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| Fund Code |
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SPR 105 - (A)
SPR 205 - (F) |
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| Launched |
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April 25, 2007 |
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| Nature of Securities Offered |
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Mutual Fund Trust Units |
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| Type of Fund |
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Global Equity Fund |
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| Investment Manager |
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Sylvain Ratelle, CFA, MBA |
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| Valuations/Redemptions |
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Daily |
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| Minimum Initial Investment |
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$5,000 CDN |
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| Minimum Subsequent Investment |
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$500 CDN |
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| Minimum Investment Term |
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180 days (3% penalty) |
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| Front End Sales Commission |
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Series (A) 0-2% Advisor Discretion |
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| Management Fee |
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2.5% annual - (A)
1.5% annual - (F) |
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| Performance Fee |
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10% of excess over MSCI World Index (CAD) |
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| Eligibility |
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RSP, RIF, LIF, LRIF, LIRA, RESP |
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| Investor Risk Tolerance |
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Medium to High |
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| Distributions |
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Income and Capital Gains Distributed Annually (if any)
Distributions are reinvested automatically |
Market Comment
Distributions
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