Sprott Gold & Precious Minerals Class
Senior Portfolio Manager
Senior Portfolio Manager
Paul joined Sprott Asset Management in 2011 with more than 20 years of experience in the investment industry. He has been a portfolio manager responsible for the short positions of the Sprott hedge funds since 2012. Previously, he was a Portfolio Manager with Natcan Investment Management, where he managed three natural resource-related funds with more than $350 million in combined assets. Paul earned his Bachelor of Science in Geology from the University of Toronto and is a CFA charterholder.
Jason Mayer joined Sprott Asset Management LP in November 2012. Jason has more than 10 years of investment industry experience and joined Sprott from Middlefield Capital Corporation, where he acted as lead portfolio manager on a number of investment funds with a focus on growth-oriented resource equities.
Mr. Mayer is an MBA graduate of the Schulich School of Business (York University) and holds the Chartered Financial Analyst designation.
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.
|Issue Price||$10.00 per Unit|
|Distributions||Ordinary Dividends Paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically.|
SPR302 - FE (A)
|Nature of Securities||Shares of a Class of a Mutual Fund Corporation|
|Type of Fund||Gold and Precious Minerals|
|Minimum Initial Investment||$1,000 CAD|
|Minimum Subsequent Investment||$25 CAD|
|Minimum Investment Term||90 days (2% penalty)|
|Management Fee||2.5% annual - (A) 1.5% annual - (F)|
|Performance Fee||Based on underlying fund. Underlying fund's performance fee is 10% of excess over S&P/TSX Global Gold Index.|
|Eligible for Registered Plans||Yes|
|Investor Risk Tolerance||High|
FE - 1%
Fund ObjectiveThe Fund aims to achieve long-term capital growth. It seeks a similar return to its underlying fund, Sprott Gold and Precious Minerals Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests primarily in gold, gold certificates, precious metals and minerals, the certificates relating to such metals and minerals and/or in equity securities of companies that are directly or indirectly involved in the exploration, mining, production or distribution of gold and precious metals and minerals.
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.