A HISTORY OF OUTPERFORMANCETM

Sprott Short-Term Bond Fund

Investment Team


  • Scott Colbourne
    Senior Portfolio Manager

  • Michael Craig
    Portfolio Manager

  • Ben Chim
    Associate Portfolio Manager

Fund Details

Fund StatusOpen
Fund Code

SPR 019 - (A)
SPR 119 - (F)

Inception Date8/5/2010
Nature of SecuritiesMutual Fund Trust Units
Type of FundCanadian Short-Term Fixed Income
ValuationsDaily
RedemptionsDaily
Minimum Initial Investment$1,000 CDN
Minimum Subsequent Investment$100 CDN
Minimum Investment TermNone
Management Fee75 bps (Series A)
Performance FeeNo performance fee
Eligible for Registered PlansYes
Investor Risk ToleranceLow

Fund Objective

The Fund's objective is to provide regular income while preserving capital and maintaining liquidity. The Fund invests primarily in short-term debt securities issued by Canadian federal, provincial and municipal governments as well as corporate issuers.

Unit Price (NAV)

Fund Performance as at January 31, 2012

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
-0.1 0.1 2.4 - - - 2.1
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Canada Housing Trust, 2.200%, 03/15/14
  2. Canada Housing Trust, 4.550%, 12/15/12
  3. Bell Canada, 6.250%, 04/12/12
  4. BMO Capital Trust, 6.685%, 12/31/11
  5. Sunlife Capital Trust, 6.865%, Perpetual
  6. First Capital Realty, Inc., 5.490%, 12/01/11
  7. National Bank of Canada, Float, 11/02/16
  8. Caisse Centrale Desjardins, 3.114%, 12/04/14
  9. Met Life Global Funding, Float, 06/17/14
  10. Westpack Banking Corp., 3.750%, 12/01/14
Allocation data as at December 31, 2011