Sprott Gold Bullion Fund
Maria joined Sprott Asset Management in May 2005. Maria is a portfolio manager with more than 15 years of experience in the financial services industry. She has been part of the Sprott precious metals team since 2007 and has been a portfolio manager on the Sprott Silver Equities Class since its inception in 2012. Maria began her career at Excel Funds Management as Operations Manager, and subsequently worked in Product Development at Fidelity Investments. Maria graduated with distinction from the University of Toronto with a Bachelor of Commerce degree and has been a CFA charterholder since 2002. She graduated as a Bregman Scholar from the University of Toronto's MBA program in 2005.
|Distributions||Income and Capital Gains Distributed Annually (if any) Distributions are reinvested automatically|
SPR 216 - (A)
|Nature of Securities||Mutual Fund Trust Units|
|Type of Fund||Precious Metals Fund|
|Minimum Initial Investment||$1,000 CDN|
|Minimum Subsequent Investment||$25 CDN|
|Minimum Investment Term||30 days (1% penalty)|
|Management Fee||0.80% annual - (A)
0.5% annual - (F)
|Performance Fee||No Performance Fee|
|Eligible for Registered Plans||Yes|
|Investor Risk Tolerance||Medium|
Fund ObjectiveThe investment objective of the Sprott Gold Bullion Fund is to seek to provide a secure, convenient alternative for investors seeking to hold gold. The Fund will invest primarily in unencumbered, fully allocated gold bullion, permitted gold certificates and/or closed-end funds and the underlying interest of which is gold. The Fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills. Please refer to the simplified prospectus for additional details regarding the Investment Strategies for this Fund.
Why Invest in Gold?
" In the sea of financial assets and currencies that are being decimated the world over, the one true safe haven continues to be gold." - Eric Sprott, Markets at a Glance, October 2008
Gold bullion may assist in protecting a portfolio from currency devaluation and inflation. Gold has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility. Gold's unique qualities also make it considerably useful in a large number of industrial applications, thus making it one of the few monetary metals that also enjoy a commodity-driven demand profile.
• Increasing instability in the U.S. dollar.
• Significant short positions.
• Limited physical supply.
• Increasing investment demand for physical gold.
• Gold's unique fundamentals.
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.