Sprott Enhanced Balanced Fund
Investment Team
John Wilson
Co-Chief Investment Officer; Senior Portfolio ManagerJohn Wilson
Co-Chief Investment Officer; Senior Portfolio Manager
John Wilson joined Sprott Asset Management LP in January 2012 with over 25 years of investment and business experience. Previously, he was Chief Investment Officer at Cumberland Private Wealth Management. Prior to that, John founded DDX Capital Partners, an alternative investment management firm; was Managing Director and a top-rated technology analyst at RBC Capital Markets; and previously, a Director at UBS Canada.
John earned his Bachelor of Science in Electrical Engineering from Queen’s University, and is an MBA graduate of The Wharton School, University of Pennsylvania.
Sprott Video
Introducing the newest addition to Sprott's investment team
Sprott Video Interview with John Wilson
Scott Colbourne
Co-Chief Investment Officer; Senior Portfolio ManagerScott Colbourne
Co-Chief Investment Officer; Senior Portfolio Manager
Scott joined Sprott Asset Management LP in March 2010 and brings over 24 years of global fixed income and currency market experience to the firm. Earlier in his career, Scott was senior Vice President and Portfolio Manager at AGF Funds Inc. where he managed all fixed income mandates and co-managed the balanced funds. Scott was also a managing director and partner at a Canadian hedge fund focusing on global fixed income and currency management. Prior to joining Sprott, Scott was a Senior Portfolio Manager at TD Asset Management, where he was part of the team responsible for $30 billion of fixed income portfolios.
Scott began his career at the Bank of Canada where he worked in both research and trading, which assisted in the execution of monetary policy. He is a four-time winner of the Best Foreign Bond Fund at the Morningstar Canadian Investment Awards.
Scott is a CFA Charter holder and has an MBA from University of Toronto and an Honours BA from Queens University.
Michael Craig
Portfolio ManagerMichael Craig
Portfolio Manager
Michael Craig joined Sprott Asset Management LP in May 2010 and brings 12 years of experience developing fixed income analytics, tactical asset allocation and fixed income management. Earlier in his career, Michael worked at Phillips, Hager and North, where he developed the analytics and research systems used by the fixed income team.
Prior to joining Sprott Michael was a Vice President at TD Asset Management. There, he co-managed over $11 billion in assets for various asset allocation programs, and led the portfolio analytics group.
Michael obtained his Masters in Financial Risk Management from Simon Fraser University (2006) and his Bachelor of Commerce from the University of British Columbia (1999). Michael is a CFA charterholder.
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) |
| 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 | $100 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.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.
Why Invest in the Sprott Enchanced Balanced Fund