Sprott Gold Equity Fund Institutional Class (SGDIX)
| Fund Assets | 1.17B |
| Expense Ratio | 1.09% |
| Min. Investment | $1,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 77.79 |
| YTD Return | 47.40% |
| 1-Year Return | 53.87% |
| 5-Year Return | 50.52% |
| 52-Week Low | 47.38 |
| 52-Week High | 81.23 |
| Beta (5Y) | n/a |
| Holdings | 53 |
| Inception Date | Apr 8, 2019 |
About SGDIX
Sprott Gold Equity Fund Institutional Class is a mutual fund focused on long-term capital appreciation through investments in the gold and precious metals sector. The fund seeks to allocate at least 80% of its net assets, along with any borrowings for investment purposes, to gold, other precious metals, and the securities of companies globally that are engaged in mining or processing gold. With a value-driven approach, the fund manager identifies mining companies considered undervalued based on relative value and growth potential, emphasizing those in small- and mid-cap segments where active involvement can accelerate development. Managed by a seasoned team with deep industry experience, this fund plays a significant role for institutional investors looking to gain diversified exposure to the precious metals sector. Its strategy provides access to both direct precious metal holdings and a global mix of mining equities, making it relevant for those seeking to participate in the cyclicality and potential growth of the gold and mining industries.
Performance
SGDIX had a total return of 53.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.48%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| SCGDX | Class S | 1.09% |
| SGDAX | Class A | 1.34% |
| SGDCX | Class C | 2.09% |
Top 10 Holdings
51.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Gold Bullion | n/a | 16.71% |
| Agnico Eagle Mines Limited | AEM | 5.86% |
| OceanaGold Corporation | OGC | 4.19% |
| Alamos Gold Inc. | AGI | 3.94% |
| Torex Gold Resources Inc. | TXG | 3.88% |
| OR Royalties Inc. | OR | 3.80% |
| Coeur Mining, Inc. | CDE | 3.59% |
| Calibre Mining Corp. | CXB | 3.46% |
| Wesdome Gold Mines Ltd. | WDO | 3.34% |
| Lundin Gold Inc. | LUG | 3.21% |