Sprott Asset Management to launch All Cap Fund

Date: Tuesday, September 9, 2008
Author: Investment Executive

Sprott Asset Management is preparing for the upcoming launch of Sprott All Cap Fund on September 18.

Using a ‘growth at reasonable price’ (GARP) approach, Spott says the strategy of the new will be different than that of other Sprott Funds and will provide Canadian investors with access to investment opportunities in the small, medium and large cap space.

The fund will be co-managed by senior portfolio managers Charles Oliver and Jamie Horvat, who joined Sprott Asset Management in January 2008. Previously at AGF Management Ltd., this award winning team managed over $4 billion in assets including the AGF Growth Equity Fund, AGF Global Resources Fund, AGF Precious Metals Fund, AGF Canadian Small Cap Fund and AGF Canadian Resources Fund.

The primary objective of the fund is to achieve long-term capital growth by investing primarily in equities and equity related securities of small, medium and large capitalized companies that have the potential to produce above average growth.

The fund will launch at $10 per unit with a minimum initial investment requirement of $5,000 and will be eligible for both registered and non-registered accounts.

http://www.marketwire.com/press-release/Sprott-Asset-Management-Inc-897910.html