Sprott Asset Management has launched two new funds, Sprott Enhanced Equity Class and Sprott Enhanced Balanced Fund.
John Wilson will serve as lead manager on both funds and Scott Colbourne and Michael Craig will co-manage the Sprott Enhanced Balanced Fund. The Funds seek to generate strong risk-adjusted returns through a versatile, absolute return investment approach that actively adjusts risk through options strategies and tactical shifts in asset allocation.
"John’s equity selection skills and strong focus on risk management are well-suited to today’s investment environment," says Peter Grosskopf, CEO of Sprott Inc. "The launch of these funds is an important milestone for Sprott, as we continue to focus on diversifying our product offerings to provide investors with a broader range of investment options."
Wilson has over 25 years of investment and business experience. Most recently, he was Chief Investment Officer of a leading private client firm where he managed money exclusively for high-net worth individuals. Previously, he was the founder of DDX Capital Partners, an alternative investment manager that produced impressive results through the use of extensive risk management systems. Wilson is an MBA graduate of The Wharton School, University of Pennsylvania.
For initial investors in both Funds, Sprott will provide the added incentive of lower management fees for as long as they remain invested in the applicable series.