Sprott Diversified Bond Class
SPR & Co
|Issue Price||$10.00 per Unit|
|Distributions||Ordinary Dividends Paid in December; Capital Gains Dividends Paid in February; Distributions are Reinvested Automatically. For Series T and FT shares, shareholders will receive a target monthly distribution of 6% per annum.|
SPR200 - FE (A)
|Nature of Securities||Shares of a Class of a Mutual Fund Corporation|
|Type of Fund||Diversified High-Yield Fixed Income|
|Minimum Initial Investment||$1,000 CAD|
|Minimum Subsequent Investment||$25 CAD|
|Minimum Investment Term||20 days (1.5% penalty)|
|Management Fee||1.65% annual - (A,T) 0.75% annual - (F,FT)|
|Performance Fee||No performance fee|
|Eligible for Registered Plans||Yes|
|Investor Risk Tolerance||Low|
Fund ObjectiveThe Fund aims to provide income. It seeks a similar return to its underlying fund, Sprott Diversified Yield Fund, by investing substantially all of its assets in securities of that fund. The underlying fund invests primarily in debt and debt-like securities of corporate and government issuers from around the world.
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.