|
Fund Background |
| Category | Alternative Strategies |
| Fund Family |
Sprott Asset Management |
| Total Assets in $millions
(2004-06-30)
|
75.158
|
| Year to Date Return |
6.2710%
|
| NAVPS (2004-07-30) |
$ 9.8100
|
| Daily Change |
|
| 52 week high |
$ 9.8100
|
| 52 week low |
$ 7.3600
|
|
Objective |
| The objective of the Partnership is to maximize absolute returns on investments while attempting to mitigate market risk. The Partnership intends to accomplish its set objective through superior securities selection by taking both long and short investment positions. |
|
Strategy |
| The Fund's managers may also execute arbitrage strategies, seekspin-off opportunites and participate in select private placements in order to maximize investment returns. The investment team will vary the allocation of long and short positions depending on their view of the domestic and international economy and market trends including liguidity flows within the U.S. financial system. |
| Fund Operations |
| Inception: | 31-August-2002 |
| Management Company: | Sprott Asset Management Inc. |
| Managing Company since: | |
| Lead Manager: |
Eric Sprott |
| Manager Since: | 31-August-2002 |
| Manager Tenure: |
1 years
|
|
|
| Returns (%) |
| |
3mo |
1yr avg |
3yr avg |
5yr avg |
| SSI*HFM.TO |
-3.6190 |
32.7640 |
|
|
|
| Chart |
![](alt="[one-year)
big chart [] |
| Investment Information |
| New Investment |
Open |
| Currency | CAD |
| Min Initial Investment |
$ 150000.00
|
| Min Subsequent Investment |
$ 25000.00 |
| RRSP Eligible |
No |
| RESP Eligible |
No |
| Min Initial Investment (RRSP) |
N/A
|
| Min Subsequent Investment (RRSP) |
N/A
|
| Availability | AB,BC,MB,NB,NF,
NU,NS,NT,ON,PE,
PQ,SK,YT |
| Fees & Expenses |
| Management Fee |
2.00% |
| Load or No Load |
Load |
| Choice of Front or Back Load |
No |
| Max Front End Load |
2.00% |
| Max Back End Load |
N/A |
|
|
