Sprott 2014 Flow-Through Limited Partnership Announces Rollover and Dissolution
TORONTO, Dec. 21, 2015 (GLOBE NEWSWIRE) -- Sprott 2014 Flow-Through Limited Partnership (the “Partnership”) announced that it will be proceeding with the tax-deferred transfer of the assets of the Partnership (the “Mutual Fund Rollover Transaction”) into Sprott Resource Class of Sprott Corporate Class Inc. The transaction will take place on or about February 24, 2016 after the close of business. In exchange for the assets, Series A shares of Sprott Resource Class will be issued to the Partnership and then distributed to individual limited partners on a dollar equivalent basis. The Partnership will be dissolved on or about February 25, 2016.
Sprott Resource Class’ investment objective is to seek to achieve long-term capital growth by investing primarily in equity and equity-related securities of companies in Canada and around the world that are involved directly or indirectly in the natural resource sector. Resource specialists Paul Wong and Jason Mayer are the lead portfolio managers on the Fund and are also supported by Sprott’s team of resource experts, including Rick Rule and Eric Nuttall.
In addition to Sprott Resource Class, Sprott Corporate Class Inc. offers 16 other fund classes: Sprott Canadian Equity Class; Sprott Diversified Bond Class; Sprott Enhanced Equity Class; Sprott Enhanced Balanced Class; Sprott Enhanced U.S. Equity Class; Sprott Focused Global Balanced Class; Sprott Focused Global Dividend Class; Sprott Focused US Balanced Class; Sprott Focused US Dividend Class; Sprott Gold and Precious Minerals Class; Sprott Gold Bullion Class; Sprott Short-Term Bond Class; Sprott Silver Bullion Class; Sprott Silver Equities Class; Sprott Tactical Balanced Class; and Sprott Real Asset Class; providing investors with the flexibility of switching to other share classes on a tax-deferred basis.
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., is an investment manager dedicated to achieving outstanding returns for its investors over the long-term. With a history dating back to 1981, Sprott has a team of leading investment professionals that think independently and have the courage to act on their convictions. Sprott’s clients include individual and high-net-worth investors, institutions and endowments. Please visit www.sprott.com to learn more about Sprott’s award-winning investment professionals and their market insights. For inquiries, please contact us at (416) 943‑6707 or (866) 299‑9906 or firstname.lastname@example.org.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the relevant Fund 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 to 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 such Funds may be sold in their jurisdiction.