Sprott Strategic Fixed Income Fund Announces Monthly Distribution of $0.05 per unit for March 2013
TORONTO, March 15, 2013 /CNW/ - Sprott Strategic Fixed Income Fund ("Fund"), (TSX: SFI.UN), is pleased to announce its monthly distribution for March 2013.
|Record Date||Payable Date||Distribution Per Unit|
|March 2013||March 27, 2013||April 10, 2013||0.0500|
Cumulative distributions paid since inception: $1.0225 per unit
About Strategic Fixed Income Fund
The Fund has been created to provide exposure, on a tax advantaged basis, to an actively managed portfolio (the "Portfolio") comprised primarily of long and short positions in fixed income securities from across the globe. In addition, the Portfolio's currency exposure is actively managed to both mitigate risk and enhance Portfolio returns.
The Fund's investment objectives are to maximize absolute total returns with low volatility relative to traditional, long-only bond funds and to provide unitholders with monthly tax-advantaged distributions.
About Sprott Asset Management LP
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. Our clients include individual and high-net-worth investors, institutions and endowments. Please visit us at www.sprott.com to learn more about our award-winning investment professionals and their market insights.
SOURCE: Sprott Strategic Fixed Income FundFor further information: