Sprott Diversified Yield Class

Investment Team


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

  • Michael Craig
    Portfolio Manager

  • Ben Chim
    Portfolio Manager

Fund Details

Fund Status Open
Issue Price $10.00 per Unit
Distributions Ordinary Dividends Paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically. For Series T and FT shares, shareholders will receive a target monthly distribution of 6% per annum.
Fund Code

SPR200 - FE (A)                     
SPR237 - LL (A)               
SPR224 - FE (T)                
SPR239 LL (T)                 
SPR221 - F                      
SPR227 - FT

Inception Date 10/17/2011
Nature of Securities Shares of a Class of a Mutual Fund Corporation
Type of Fund Diversified High-Yield Fixed Income
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CAD
Minimum Subsequent Investment $25 CAD
Minimum Investment Term 60 days (1.5% penalty)
Management Fee 1.65% annual - (A,T) 1.00% annual - (F,FT)
Performance Fee Based on underlying fund. Underlying fund's performance fee is 10% of excess over Blended benchmark (75% BofA Merrill Lynch US High Yield Index/ 25% DEX Universe Bond Index).
Eligible for Registered Plans Yes
Investor Risk Tolerance Low - Medium
Service Fee

FE - 0.65%
LL - 0.35%10
F, FT - No trailer fee paid

Fund Objective

The Fund aims to provide income. It seeks a similar return to its underlying fund, Sprott Diversified Yield Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests 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 March 31, 2014

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.2 2.9 3.8 - - - 7.0
*MTD & YTD as at most recent NAV

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.