Sprott Diversified Bond Fund

Investment Team

  • Scott Colbourne
    Co-Chief Investment Officer; Senior Portfolio Manager

Fund Details

Fund Status Open
Distributions Income and Capital Gains Distributed Monthly/Annually (if any) & Reinvested Automatically. Monthly Cash Distributions (T)
Fund Code

SPR - 018 (A)
SPR - 118 (F)
SPR - 418 (T)
SPR - 619 (FT)
SPR - 318 (A-LL)
SPR - 518 (T-LL)

Inception Date 8/5/2010
Nature of Securities Mutual Fund Trust Units
Type of Fund Diversified High-Yield Fixed Income Fund
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term 60 days (1.5% penalty)
Management Fee 1.65% annual - (A), 1.65% annual - (T), 0.75% annual - (F & FT)
Performance Fee No performance fee
Eligible for Registered Plans Yes
Investor Risk Tolerance Low

Fund Objective

The Fund's investment objective is to maximize the total return of the Fund and to provide income by investing primarily in debt and debt-like securities of corporate and government issuers from around the world.

Unit Price (NAV - Series A)

Fund Performance as at January 29, 2016

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
-1.0 -1.0 -1.8 2.4 3.3 - 3.8
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Government of the United States of America, 2.25%, 11/15/25
  2. Government of Canada, 0.75%, 03/01/21
  3. Corus Entertainment Inc., 4.25%, 02/11/20
  4. Numericable-SFR SA, 6.00%, 05/15/22
  5. Lloyds Banking Group, 7%, Perpetual
  6. Unique Pub Finance, 6.542%, 03/30/21
  7. ILFC E-Capital Trust I, 5.90%, 12/21/65
  8. Nationstar Capital Corp., 6.50%, 08/01/18
  9. FMG Resources (August 2006) Pty Ltd., 9.75%, 03/01/22
  10. Interface Security Systems Holdings, Inc., 9.25%, 01/15/18
Allocation data as at January 29, 2016

The indicated rates of return for series A/class A securities of the Funds are based on the historical annual compounded total returns including changes in unit/share value and reinvestment of all distributions or dividends and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.

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An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other important information. For more information about the ETF or to obtain a prospectus, call 1.855.215.1425. Read the prospectus carefully before investing. The ETF is distributed by ALPS Distributors, Inc. ALPS Advisors, Inc. is the investment adviser to the ETF and Sprott Asset Management LP is the investment sub-adviser. Sprott is not affiliated with ALPS.

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