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 | $500 CDN |
| Minimum Investment Term | 60 days (1.5% penalty) |
| Management Fee | 0.80% annual - (A) |
| Eligible for Registered Plans | Yes |
| Investor Risk Tolerance | Medium |
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.