Press Release

Sprott Asset Management LP Announces the Launch of Two Funds: Sprott Enhanced U.S. Equity Class and Sprott Global REIT & Property Equity Fund

TORONTO, July 14, 2015 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott") is pleased to announce the launch of the Sprott Enhanced U.S. Equity Class and the Sprott Global REIT & Property Equity Fund.

"We are pleased to offer these two new funds as part of our commitment to expanding the range of unique investment solutions our clients can use to better manage their investment outcomes in all markets," said John Wilson, CEO of Sprott.

The Sprott Enhanced U.S. Equity Class is designed to provide exposure to U.S. large cap equities with the emphasis on reducing downside volatility. The Fund will be primarily available in U.S. dollars to provide a convenient solution for clients seeking to keep their investment in U.S. dollars without the risk and inconvenience of currency exchange. The Fund will be managed by John Wilson, CEO, Co-CIO and Senior Portfolio Manager, and is the sixth fund in the Sprott's core Enhanced Equity Strategy lineup. The fund will be available for purchase on July 22, 2015.

"We see a significant opportunity to offer our investors more U.S. exposure and believe that our strategy will help them capture the upside of that market while limiting downside risk," added Mr. Wilson.

The second new fund, the Sprott Global REIT & Property Equity Fund, is designed to provide stable monthly cash distributions and long-term total return by investing in the global real estate securities market. The Fund is sub-advised by Capital Innovations LLC with Michael Underhill and Susan Dambekaln serving as portfolio managers. The Fund will be available for purchase on August 4, 2015.

"With the addition of this Fund, Sprott now offers one of the most comprehensive suites of real asset products in the country," said James Fox, President of Sprott.

"Global REITs offer strong asset class diversification benefits due to their relatively low correlations with not only the rest of an investor's portfolio, but also with any residential real estate (such as a home) that an investor may own," commented Michael Underhill. "REITs currently trade in about 40 countries (that number is steadily increasing as more nations pass REIT legislation), which enables us to provide diversified exposure for our clients to a wide range of real estate from New York to London to Tokyo."

In addition to the new Sprott Global REIT & Property Equity Fund, Sprott's lineup of real asset funds includes the Sprott Real Asset Class, the Sprott Global Infrastructure Fund, the Sprott Timber Fund, and the Sprott Global Agriculture Fund.

For further information on Sprott Asset Management LP and the Sprott Mutual Funds, please visit www.sprott.com or call us at (866) 299-9906 or email us at invest@sprott.com

Sprott Asset Management LP (www.sprott.com), a wholly owned subsidiary of Sprott Inc. (www.sprottinc.com), is a fund company dedicated to achieving superior returns for its investors over time. Sprott Asset Management LP manages assets primarily for institutions, endowments and high net worth individuals and is the investment manager of the Sprott Mutual Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should consult their financial advisor to determine if the Sprott Mutual Funds may be sold in their jurisdiction.

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering ETF products. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at www.SprottETFs.com

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectuses contain this and other important information. For more information about the ETFs or to obtain a prospectus, call 1.855.215.1425. Read the prospectuses carefully before investing. The ETFs are distributed by ALPS Distributors, Inc. ALPS Advisors, Inc. is the investment adviser to the ETFs and Sprott Asset Management LP is the investment sub-adviser. Sprott is not affiliated with ALPS.

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