Sprott Diversified Bond Fund

Investment Team

  • SPR & Co

Fund Details

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

SPR - 018 (A)
SPR - 118 (F)
SPR - 418 (T)
SPR - 619 (FT)
SPR - 318 (A-LL)
SPR - 518 (T-LL)

Inception Date 8/5/2010
Nature of Securities Mutual Fund Trust Units
Type of Fund Diversified High-Yield Fixed Income Fund
Valuations Daily
Redemptions Daily
Minimum Initial Investment $1,000 CDN
Minimum Subsequent Investment $25 CDN
Minimum Investment Term 20 days (1.5% penalty)
Management Fee 1.65% annual - (A), 1.65% annual - (T), 0.75% annual - (F & FT)
Performance Fee No performance fee
Eligible for Registered Plans Yes
Investor Risk Tolerance Low

Fund Objective

The Fund's investment objective is to maximize the total return of the Fund and to provide income by investing primarily in debt and debt-like securities of corporate and government issuers from around the world.

Unit Price (NAV - Series A)

Fund Performance as at July 31, 2017

MTD* YTD* 1 YR 3 YR 5 YR 10 YR Inception
0.0 3.0 5.0 3.2 4.1 - 4.2
*MTD & YTD as at most recent NAV

Top Ten Holdings

  1. Government of the United States of America, 2.38%, 05/15/27
  2. Government of Canada, 1.00%, 06/01/27
  3. Province of Buenos Aires (Argentina), 5.75%, 06/15/19
  4. Tembec Industries, Inc., 9.00%, 12/15/19
  5. Petrobras International Finance Co., 5.38%, 01/27/21
  6. Nationstar Capital Corp., 6.50%, 08/01/18
  7. Great Canadian Gaming Corporation, 6.62%, 07/25/22
  8. Scientific Games International, Inc., 7.00%, 01/01/22
  9. Aleris International, Inc., 9.50%, 04/01/21
  10. SFR Group SA, 6.00%, 05/15/22
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.