Sprott Tactical Balanced Class
Investment Team
Scott Colbourne
Senior Portfolio ManagerScott Colbourne
Senior Portfolio Manager
Scott joined Sprott Asset Management LP in March 2010 and brings over 22 years of global fixed income and currency market experience to the firm. Previously, Scott was senior Vice President and portfolio manager at AGF Funds Inc. where he managed all of the fixed income mandates and co-managed balanced funds. Scott was also a managing director and partner at a Canadian hedge fund focusing on global fixed income and currency management. Prior to joining Sprott, Scott was a senior fixed income portfolio manager at TD Asset Management, where he was part of a team that managed all the firm's active fixed income institutional, retail and private client assets.
Scott began his career at the Bank of Canada where he worked in both research and trading which assisted in the execution of monetary policy. He is a four-time winner of the Best Foreign Bond Fund at the Morningstar Canadian Investment Awards. Scott is a CFA Charter holder and has an MBA from University of Toronto and an Honours BA from Queens University.
Michael Craig
Portfolio ManagerMichael Craig
Portfolio Manager
Michael Craig joined Sprott Asset Management LP in May 2010 and brings 10 years of experience developing fixed income analytics, tactical asset allocation and fixed income management. Michael previously worked at Phillips, Hager and North where he developed the analytics and research systems used by the fixed income team.
Prior to joining Sprott Michael was a Vice President at TD Asset Management where he was a portfolio manager for the Managed Asset Programs as well led the portfolio analytics group. Michael obtained his Masters in Financial Risk Management from Simon Fraser University (2006) and his Bachelor of Commerce from the University of British Columbia (1999). Michael is a CFA charterholder.
Peter Imhof
Investment StrategistPeter Imhof
Investment Strategist
Peter Imhof joined SAM in August 2007 as an Investment Strategist and member of the small cap team. Together with Allan Jacobs, Peter's focus is the new Sprott Small Cap Funds. Prior to joining SAM , Peter worked at Sceptre Investment Counsel as a member of the Canadian Equity Small Cap Team and was appointed as Managing Director in December 2006.
Peter was a significant contributor to the award-winning management team of the Sceptre Equity Growth Fund and the Small Capitalization Canadian Equity Pooled Fund. He began his investment career at Sceptre in March 1998. From 1998 to 2000 he was involved in quantitative analysis and portfolio construction in Canadian Equities.
Fund Details
| Fund Status | Open |
| Issue Price | $10.00 per Unit |
| Distributions | Ordinary Dividends and Capital Gains Dividends Distributed Annually (if any); Distributions are reinvested automatically. For Series T and FT shares, shareholders will receive a target monthly distribution of 6% per annum. |
| Fund Code |
SPR345 - FE
(A) |
| Inception Date | 10/17/2011 |
| Nature of Securities | Shares of a Class of a Mutual Fund Corporation |
| Type of Fund | Tactical Allocation |
| Valuations | Daily |
| Redemptions | Daily |
| Minimum Initial Investment | $1,000 |
| Minimum Subsequent Investment | $100 |
| Minimum Investment Term | 180 days (3% penalty) |
| Management Fee | 2.25% annual - (A) |
| Performance Fee | Based on underlying fund. Underlying fund's performance fee is 10% of excess over specified benchmark (at the underlying fund level). None applied to direct tactical investments. |
| Eligible for Registered Plans | Yes |
| Investor Risk Tolerance | Average |
| Service Fee |
FE -
1% |
Fund Objective
The objective of the Fund is to seek to provide a total return over the long term by investing primarily in a portfolio of mutual funds that are managed by the Manager, its associates or its affiliates. The Fund may also invest in gold bullion, exchange traded funds and equity and/or fixed income securities.- Fund Codes
- Simplified Prospectus
- Annual Information Form
- Point of Sale Disclosure - Series A
- Point of Sale Disclosure - Series F
- Point of Sale Disclosure - Series FT
- Point of Sale Disclosure - Series I
- Point of Sale Disclosure - Series T
- Conference Calls
for performance of underlying Fund, view the Sprott Tactical Balanced Fund.
Sprott Corporate Class Brochure
Sprott Corporate Class Fund Fact