Mutual Fund Prices - Series A

As at September 3, 2010
Fund Code (A / LL) Price (CAD$) Daily Change ($) Daily Change (%)
Sprott Canadian Equity FundSPR001 / SPR11136.940.26 0.7%
Sprott Gold & Precious Minerals FundSPR003 / SPR23063.731.37 2.2%
Sprott Energy FundSPR006 / SPR01616.040.13 0.8%
Sprott Growth FundSPR101 / SPR4018.760.23 2.6%
Sprott Global Equity FundSPR105 / SPR4055.26-0.01 -0.2%
Sprott Small Cap Equity FundSPR010 / SPR3109.840.09 1.0%
Sprott All Cap FundSPR013 / SPR31311.860.07 0.6%
Sprott Gold Bullion FundSPR21611.13-0.19 -1.6%
Sprott Multi-Manager Fund*SPR017 / SPR21412.800.10 -
Sprott Short-Term Bond Fund SPR0199.98-0.02 -
Sprott Diversified Yield Fund SPR31810.00-0.02 -

 

Hedge Fund Prices - Class A

As at August 31, 2010*
Fund Code Price (CAD$) Monthly Change ($) Monthly Change (%)
Sprott Hedge Fund L.P.***SPR00268.387.83 12.9%
Sprott Hedge Fund L.P. IISPR00420.842.23 12.0%
Sprott Bull/Bear RSP FundSPR0059.930.93 10.3%
Sprott Opportunities Hedge Fund L.P.SPR00928.051.26 4.7%
Sprott Opportunities RSP FundSPR09115.340.69 4.7%
Sprott Small Cap Hedge FundSPM40011.950.16 1.3%
Sprott Absolute Return Income Fund SPR22010.00--

 

Specialty Products


As at July 30, 2010

Fund Code Price (CAD$) Daily Change ($) Daily Change (%)
Sprott Private Credit Fund* N/A 10.32 - -
As at September 3, 2010
Fund Code Price (CAD$) Daily Change ($) Daily Change (%)
Sprott 2010 Flow-Through LPN/A20.08--

 

Please note all periods greater than one year are annualized and all returns are net of fees.
* Sprott Hedge Funds are priced once per month on the last business day of each month. Please note that if you have an investment in Sprott Private Credit Fund LP, the month end price for this fund is not available until the 15th of the following month.
** In accordance with NI 81-102 we will not publish returns for this Fund until it is one-year old.
*** Closed to new investments.
**** The Sprott Bull/Bear RSP Fund had a distribution of $2.24 as at Dec.31, 2008.

Mutual Fund Performance - Series A

As at September 3, 2010 As at August 31, 2010
MTD YTD 1 YR 3 YR 5 YR 10 YR Inception Launch
Sprott Canadian Equity Fund 1.9% 10.1% 33.2% -1.7% 8.1% 17.7% 19.4% Sep 26, 1997
Sprott Gold & Precious Minerals Fund 2.7% 24.0% 68.6% 11.1% 16.4% - 23.1% Nov 15, 2001
Sprott Energy Fund 3.4% 7.7% 37.6% -7.9% -2.8% - 8.8% Apr 15, 2004
Sprott Growth Fund 4.8% -7.4% 9.2% -14.5% - - -3.8% Jan 16, 2006
Sprott Global Equity Fund -0.9% -4.3% 2.4% -16.0% - - -15.4% Apr 25, 2007
Sprott Small Cap Equity Fund 2.8% 9.8% 32.8% -1.9% - - -1.4% Aug 23, 2007
Sprott All Cap Fund 0.2% 8.3% 20.2% - - - 9.0% Sep 18, 2008
Sprott Gold Bullion Fund -2.6% 11.5% 26.2% - - - 9.7% Mar 17, 2009
Sprott Multi-Manager Fund** - - - - - - - -
Sprott Short-Term Bond Fund** - - - - - - - -
Sprott Diversified Yield Fund** - - - - - - - -

 

Hedge Fund Performance - Class A

As at August 31, 2010*
MTD* YTD* 1 YR* 3 YR* 5 YR* 10 YR* Inception* Launch
Sprott Hedge Fund L.P.*** 12.9% 11.6% 29.7% 9.6% 13.0% - 21.6% Nov 07, 2000
Sprott Hedge Fund L.P. II 12.0% 10.4% 28.3% 11.5% 13.4% - 9.6% Sep 30, 2002
Sprott Bull/Bear RSP Fund 10.3% 8.4% 27.0% 11.8% 14.1% - 12.3% Nov 12, 2002
Sprott Opportunities Hedge Fund L.P. 4.7% 1.0% 6.0% 4.7% 10.0% - 17.5% Apr 07, 2004
Sprott Opportunities RSP Fund 4.7% 0.9% 5.8% 4.6% - - 9.1% Sep 30, 2005
Sprott Small Cap Hedge Fund 1.3% 11.5% 37.2% 2.1% - - 5.1% Jan 31, 2007
Sprott Absolute Return Income Fund - - - - - - - Aug 31, 2010

 

Specialty Products



As at July 30, 2010*

MTD* YTD* 1 YR* 3 YR* 5 YR* 10 YR* Inception* Launch
Sprott Private Credit Fund* 1.0% 3.2% - - - - - May 10, 2010
As at August 31, 2010

First Closing Date After-Tax Return
Sprott 2010 Flow-Through LP**** Feb 17, 2010 12.1%

Please note all periods greater than one year are annualized and all returns are net of fees.
* Sprott Hedge Funds are priced once per month on the last business day of each month. Please note that if you have an investment in Sprott Private Credit Fund LP, the month end price for this fund is not available until the 15th of the following month.
** In accordance with NI 81-102 we will not publish returns for this Fund until it is one-year old.
*** Closed to new investments.

**** The after-tax performance is an estimate for illustrative purposes only with the assumption that the limited partner is an investor who is an Ontario resident taxed at the top marginal tax rate. The after-tax performance of the investment by a limited partner of this Partnership may vary from the returns published on the Sprott web sites depending on a number of factors, including, without limitation, the limited partner’s province or territory of residence, his or her marginal tax rate, the date of disposition, actual capital gains inclusions and actual deductions or credits received.

Purchasers acquiring units with a view to obtaining tax advantages should obtain independent tax advice. Nothing contained herein constitutes tax advice and should not be relied upon as such.

The after tax return calculation is based on the following assumptions:

  • the full subscription price of $25 per unit was deducted by the limited partners in the 2010 tax year
  • combined federal and provincial marginal tax rate of 46.41%
  • the adjusted cost base of each unit is nil (subscription price less assumed tax deduction)
  • units are assumed to be sold at the net asset value per unit as of the most recent month end.
  • the limited partner’s proceeds of disposition are reduced by taxes on capital gains at the combined federal and provincial tax rate (50% inclusion at 46.41%)

Distribution Policy
In each calendar year, Sprott Mutual Funds will distribute to its investors a sufficient amount of the respective Fund’s net investment income and net realized capital gains so that the Fund will not pay any income tax. The net investment income and the net realized capital gains of the Fund will be distributed annually in December. All distributions paid to an investor will be reinvested automatically in additional units of the respective Fund at the net asset value without any fee.

Below is a listing of distributions from the past seven years. Please note that Sprott Hedge Funds were formed under a different structure and are treated differently for tax purposes. For more information regarding taxation of Sprott Funds, please visit the tax section of our website and/or consult your tax accountant directly.


2009
2008 2007 2006 2005 2004 2003 2002 2001 2000
Series A F A F A F A F A F A F A F A F A F A F
Sprott Canadian Equity Fund - - - - - - $0.15 $0.92 - - $1.73 $3.18 $1.26 - $1.02 - $0.40 - $0.71 -
Sprott Gold & Precious Minerals Fund - - - - - - - - - - - - - - - - - - - -
Sprott Energy Fund - - - - - - $2.05 $2.62 - - - N/A N/A N/A N/A N/A N/A N/A N/A N/A
Sprott Growth Fund - - - - - - - - N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Sprott Global Equity Fund - - $0.43 $0.58 $0.01 $0.05 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Sprott Small Cap Equity Fund - - - - - - N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Sprott All Cap Fund - - N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Sprott Gold Bullion Fund $0.02 $0.02 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A