Sprott Silver 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 316 - (A) SPR 326 - (F) |
| Inception Date | 5/9/2011 |
| Type of Fund | Precious Metals Fund |
| Valuations | Daily |
| Minimum Initial Investment | $1,000 CDN |
| Minimum Subsequent Investment | $100 CDN |
| Minimum Investment Term | 60 days (1.5% penalty) |
| Management Fee | 1.30% Annual - (A) 0.85% Annual - (F) |
| Eligible for Registered Plans | Yes |
| Investor Risk Tolerance | Low - Medium |
| Service Fee |
0.45% per annum paid monthly - (A) |
Why Invest in Silver?
"All that glitters is gold was written when gold was still considered a relic in financial circles. We believe silver will be this decade's gold, and judging by the recent price action, it's already off to a great start." - Eric Sprott, Markets at a Glance, All That Glitters is Silver, November 2010
Silver bullion may assist in protecting a portfolio from currency devaluation and inflation. Silver has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility. Silver'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 commoditydriven demand profile.
• Increasing instability in the U.S. dollar
• Disproportionate silver investment in relation to gold
• Significant short positions
• Limited physical supply
• Increasing investment demand for physical silver
• Silver's unique fundamentals