Sprott Enhanced Balanced Fund

Investment Team


  • John Wilson
    Chief Executive Officer; Co-Chief Investment Officer; Senior Portfolio Manager

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

  • Michael Craig
    Portfolio Manager

Fund Details

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

SPR 240 - (A)
SPR 243 - (T-FE)
SPR 245 - (F)
SPR 247 - (FT)
SPR 241 - (A-LL)
SPR 244 - (T-LL)

Inception Date 4/16/2012
Nature of Securities Mutual Fund Trust Units
Type of Fund Canadian Balanced Equity
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term 30 days (2% penalty)
Management Fee 1.90% (Series A, T) 0.90% (Series F, FT)
Performance Fee 10% of Excess over blended benchmark index1
Eligible for Registered Plans Yes
Investor Risk Tolerance Low to Medium

Fund Objective

The Fund seeks to achieve long term capital growth and to generate current income. The Fund invests primarily in Canadian equities, fixed-income securities of Canadian issuers, and foreign equities and fixed-income securities. The Fund provides downside protection through tactical changes to asset allocation and the use of option strategies.

Unit Price (NAV - Series A)

Fund Performance as at July 31, 2014

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.9 4.2 8.6 - - - 7.3
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Sprott Diversified Yield Fund
  2. Government of Canada, 1.0%, 11/01/15
  3. CIBC, 1.14%, 08/18/14
  4. CGI Group Inc.
  5. TE Connectivity Ltd.
  6. Intercontinental Exchange, Inc.
  7. NXP Semiconductors
  8. LyondellBasell Industries
  9. Discover Financial Services
  10. Alimentation Couche-Tard Inc
Allocation data as at July 31, 2014

Why Invest in the Sprott Enhanced Balanced Fund

  • Experience and expertise - Prior to joining Sprott, John managed assets exclusively for high net worth investors, and had a demonstrated track record of index-beating performance; award-winning managers Scott Colbourne and Michael Craig bring extensive experience investing opportunistically in all fixed income categories;
  • Versatile - The Fund is designed to weather today's volatile investment environment; the managers utilize a flexible and opportunistic approach to maximize absolute returns;
  • Growth with downside protection - The managers use a disciplined investment process that focuses on capital preservation and risk management: tactical asset allocation, equity option strategies and short selling
  • Core balanced holding - The Fund provides an actively managed solution, ideal for investors seeking conservative growth and current income;
  • Tax-efficient cash-flow - Series T and FT are available to provide monthly tax-efficient

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.

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering the Sprott Gold Miners ETF. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETF, you will be directed to the ALPS/Sprott website at www.SprottETFs.com

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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