Separately Managed Accounts Sprott Real Asset Value+ Strategy
The Sprott Real Asset Value+ Strategy is designed as a flexible, value-oriented Strategy consistent with Sprott's contrarian philosophy.
- Objective: Above-average total returns over a 5yr+ investment horizon
- Actively managed to provide investors diversification and value-add to their overall portfolio.
- A highly differentiated, concentrated portfolio positioned from the top-down with investments selected from the bottom-up.
Target Exposures
- Inputs
- Equipment
- Farmland
- Handling & Storage
- Processing
- Food Companies
- Exploration & Production
- Refineries
- Storage, Processing & Transportation
- Energy Services
- Royalty Streaming
- Diversified Mining
- Precious Metals Mining
Selection Process
Approach
Real asset businesses rarely maintain any pricing power and must rely on their business structure or unique assets to generate above-average returns on capital.
Identifying the value drivers of a company helps us identify their potential for persistent excess returns.
Assessment
Reviewing historic and present financial and operating data helps ground future expectations of growth and returns in realistic probabilities.
Understanding potential long-term outcomes of a business allows us to look beyond market noise and the current period's earnings report.
Analysis
In order to avoid costly pitfalls of traditional discounted cash flow models, our method starts with the market price and attempts to solve for the stock's implied expectations for the company's growth, operating margins and returns on new investments.
When combined with an assessment of management, growth prospects and the business' resiliency, we have a clearer view of the investment risks and opportunities.
Account Minimums &
Fee Structures
| Fund Structure | Separately Managed Account (U.S. Domiciled) |
| Subscriptions | Daily; Open Ended Structure |
| Redemptions | Daily |
| Management Fee | 1.5% of Assets Under Management |
| Performance Fee | No Performance Fee or Commission Charges |
| Custodians | Interactive Brokers, RBC |
| Minimum | USD $100,000 |
| Investor Eligibility | Open to U.S. and Select International Investors |
Contact Us
- Telephone: 866.531.8746
- Email: contact@sprottusa.com
Past performance does not guarantee future results. An investor could lose all or a substantial amount of any investment pursuant to this strategy. The intended use of this material is for informational purposes only and is not intended to be an offer or solicitation for the sale of any financial product or service or a recommendation or determination that any investment strategy is suitable for a specific investor. Investors should seek financial advice regarding the suitability of any investment strategy based on the objectives of the investor, financial situation, investment horizon, and their particular needs. This information is not intended to provide financial, tax, legal, accounting or other professional advice since such advice always requires consideration of individual circumstances. The investments discussed herein are not insured by the FDIC or any other governmental agency and are subject to risks, including a possible loss of the principal amount invested.
Generally, natural resources investments are more volatile on a daily basis and have higher headline risk than other sectors as they tend to be more sensitive to economic data, political and regulatory events as well as underlying commodity prices. Natural resource investments are influenced by the price of underlying commodities like oil, gas, metals, coal, etc.; several of which trade on various exchanges and have price fluctuations based on short-term dynamics partly driven by demand/supply and also by investment flows. Natural resource investments tend to react more sensitively to global events and economic data than other sectors, whether it is a natural disaster like an earthquake, political upheaval in the Middle East or release of employment data in the U.S. Sprott Asset Management USA, Inc., affiliates, family, friends, employees, associates, and others may hold positions in the securities it recommends to clients, and may sell the same at any time.
The Investment Team responsible for the strategy are employees of Sprott Asset Management LP (“Sprott Toronto”), a Toronto affiliate of Sprott Asset Management USA, Inc. (“Sprott USA”). Sprott USA is responsible for the execution of the strategy in connection with the separately managed account program.