Sprott Silver Bullion Class

Investment Team

  • Sprott Asset Management

Fund Details

Fund Status OPEN
Issue Price $10.00 per Unit
Distributions Ordinary Dividends paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically
Fund Codes

SPR 425 - FE (A)
SPR 427 - F

$USD Fund Codes SPR 413 - A (FE)
SPR 415 - F

full details on $USD funds  
Inception Date 2/28/2012
Nature of Securities Shares of a Class of a Mutual Fund Corporation
Type of Fund Precious Metals Fund
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CAD
Minimum Subsequent Investment $25 CAD
Minimum Investment Term 30 days (1% penalty)
Management Fee 1.30% annual - (A) 0.85% annual - (F)
Performance Fee n/a
Eligible for Registered Plans Yes
Investor Risk Tolerance Low - Medium
Service Fee

FE - 0.45%

Fund Objective

The Fund aims to seek to obtain exposure to silver. It seeks a similar return to its underlying fund, Sprott Silver Bullion Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests primarily in unencumbered, fully allocated silver bullion and silver certificates. The underlying fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills.

Unit Price (NAV - Series A)

Fund Performance as at March 31, 2014

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
-1.1 4.0 -25.8 - - - -20.5
*MTD & YTD as at most recent NAV

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.