Sprott Small Cap Equity Class
Investment Team
Allan Jacobs
Senior Portfolio Manager, Director of Small Cap InvestmentsAllan Jacobs
Senior Portfolio Manager, Director of Small Cap Investments
Allan Jacobs joined Sprott Asset Management LP in August 2007 as Director of Small Cap Investments, with a focus on the Sprott Small Cap Funds.
Prior to joining Sprott, Allan was Lead Portfolio Manager of Canadian Small Cap Equities and a Managing Director at Sceptre Investment Counsel. There, he managed the Sceptre Equity Growth Fund, the Sceptre Canadian Equity Small Cap Pooled Fund and the Canadian Small Cap component of institutional portfolios. He also managed the Sceptre Small Cap Opportunities Fund, which was launched in January 2007 – now called the Sprott Small Cap Hedge Fund.
Allan was acknowledged for his achievements at Sceptre on several occasions: the Sceptre Equity Growth Fund was awarded the Best Canadian Small Cap Fund over one, three, five and ten year periods at the 2007 Canadian Lipper Fund Awards. The Fund was also a finalist for the 2006 Small Capitalization Equity Fund of the Year and was chosen Canadian Equity Fund of the Year in 2005 at the Canadian Investment Awards. The Small Capitalization Canadian Equity Pooled Fund, also managed by Allan, was awarded Canadian Small Cap Pooled Fund of the Year in 2006. Furthermore, Allan was chosen the 2006 Fund Manager of the Year at the Canadian Investment Awards.
Prior to joining Sceptre, Allan managed the largest equity fund in South Africa (a $5 billion fund for Old Mutual), and thereafter, managed Small Cap Canadian Equities at Canada Life Investment Management Limited.
Peter Imhof
Investment StrategistPeter Imhof
Investment Strategist
Peter Imhof is an Investment Strategist with Sprott Asset Management LP. He joined the firm in August 2007, and together with Allan Jacobs, focuses primarily on the Sprott Small Cap Funds. Peter is also a member of the Sprott Canadian Equity Fund’s and Sprott Tactical Balanced Fund’s Investment Teams.
Peter is a frequent guest on the Business News Network (BNN) and the winner of the 2010, 2011 and 2012 Financial Post Stock Pickers’ Challenge.
Peter began his investment career at Sceptre Investment Counsel in March 1998. From 1998 to 2000, he was involved in the quantitative analysis and portfolio construction of Canadian Equities. Peter was a member of the award-winning management team of the Sceptre Equity Growth Fund and the Small Capitalization Canadian Equity Pooled Fund, and in 2006, was appointed Managing Director.
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 Code |
SPR341 - FE (A) |
| Inception Date | 10/17/2011 |
| Nature of Securities | Shares of a Class of a Mutual Fund Corporation |
| Type of Fund | Canadian Small Cap Equity |
| Valuations | Daily |
| Redemptions | Daily |
| Minimum Initial Investment | $1,000 CAD |
| Minimum Subsequent Investment | $100 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 Small Cap Total Return Index |
| Eligible for Registered Plans | Yes |
| Investor Risk Tolerance | Medium - High |
| Service Fee |
FE - 1% |
Fund Objective
The objective of the Fund is to achieve long-term capital growth. It seeks a similar return to its underlying fund, Sprott Small Cap Equity Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests primarily in small capitalization equity and equityrelated securities listed in Canada, with some exposure to global small capitalization equities.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.
For performance of underlying Fund, view the Sprott Small Cap Equity Fund.
Sprott Corporate Class Brochure
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