Sprott Tactical Balanced Fund

Investment Team

  • Scott Colbourne
    Co-Chief Investment Officer; Senior Portfolio Manager

  • Michael Craig
    Portfolio Manager

Fund Details

Fund Status Open
Distributions Income and Capital Gains Distributed Annually (if any) & Reinvested Automatically. Monthly Cash Distributions (T)
Fund Code

SPR 017 - (A)
SPR 417 - (T)
SPR 117 - (F)
SPR 617 - (FT)
SPR 214 - (A-LL)
SPR 517 - (T-LL)

Inception Date 11/2/2009
Nature of Securities Mutual Fund Trust Units
Type of Fund Tactical Allocation
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term 60 days (2% penalty)
Management Fee 2.25% annual - (A) 2.25% annual - (T) 1.25% annual - (F)
Performance Fee 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 Medium

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.

Unit Price (NAV - Series A)

Fund Performance as at March 31, 2014

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.5 5.0 8.9 -2.0 - - 6.4
*MTD & YTD as at most recent NAV

Detailed Fund Allocation

Current Weights (Sept 30, 2013) %Nav
Sprott Diversified Yield Fund 45.4%
Sprott Enhanced Equity Class 17.7% 
Sprott Small Cap Equity Fund 10.6%
Common Equities 8.2%
Sprott Energy Fund  7.2%
Sprott Canadian Equity Fund 5.8%
Exchange Traded Funds 3.6%
Cash and Cash Equivalents 1.4%
Convertible Bonds  0.2%

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.