Sprott launches two new funds

By Staff | April 3, 2012 | Last updated on April 3, 2012
1 min read

Sprott Asset Management has launched two new funds, Sprott Enhanced Equity Class and Sprott Enhanced Balanced Fund.

The funds seek to generate strong risk-adjusted returns through a versatile, absolute return investment approach that actively adjusts risk through options strategies and tactical shifts in asset allocation.

John Wilson will serve as lead manager on both funds, with Scott Colbourne and Michael Craig serving as co-managers of the Enhanced Balanced Fund.

“John’s equity selection skills and strong focus on risk management are well-suited to today’s investment environment,” says Peter Grosskopf, CEO of Sprott Inc. “The launch of these funds is an important milestone for Sprott, as we continue to focus on diversifying our product offerings to provide investors with a broader range of investment options.”

Wilson has over 25 years of investment and business experience. He joined Sprott in January, having previously served as chief investment officer at Cumberland Private Wealth Management in Toronto.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.