Sprott Short-Term Bond Fund

Investment Team


  • SPR & Co

Fund Details

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

SPR 019 - (A)
SPR 119 - (F)

Inception Date 8/5/2010
Nature of Securities Mutual Fund Trust Units
Type of Fund Canadian Short-Term Fixed Income
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term No minimum investment term
Management Fee 0.75% annual - (A) 0.50% annual - (F)
Performance Fee No performance fee
Eligible for Registered Plans Yes
Investor Risk Tolerance Low

Fund Objective

The Fund's objective is to provide regular income while preserving capital and maintaining liquidity. The Fund invests primarily in short-term debt securities issued by Canadian federal, provincial and municipal governments as well as corporate issuers.

Unit Price (NAV - Series A)

Fund Performance as at July 31, 2017

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.3 0.2 -0.4 1.2 1.4 - 1.5
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Canadian Imperial Bank of Commerce, 1.64%, 07/12/21
  2. Bank of Montreal, 3.40%, 04/23/21
  3. Bruce Power LP, 2.844%, 06/23/21
  4. Toronto-Dominion Bank, 2.17%, 04/02/18
  5. Canada Pension Plan Investment, 1.1%, 06/10/19
  6. Honda Canada Finance, Inc., 2.27%, 07/15/22
  7. Royal Bank of Canada, 1.92%, 07/17/20
  8. Canada Mortgage & Housing Corp., 1.15%, 12/15/21
  9. American Express Canada Credit Corp., 2.31%, 03/29/18
  10. Molson Coors International LP, 2.25%, 09/18/18
Allocation data as at July 31, 2017

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.