Sprott Gold Bullion Fund
Investment Team
Sprott Asset Management
Fund Details
| Fund Status | Open |
| Distributions | Income and Capital Gains Distributed Annually (if any) Distributions are reinvested automatically |
| Fund Code |
SPR 216 - (A) |
| Inception Date | 3/17/2009 |
| Nature of Securities | Mutual Fund Trust Units |
| Type of Fund | Precious Metals Fund |
| Valuations | Daily |
| Redemptions | Daily |
| Minimum Initial Investment | $1,000 CDN |
| Minimum Subsequent Investment | $100 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 Objective
The 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.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 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.