Sprott Inc. · TSX:SII
Sprott — Sprott Asset Management — Non-Deal Roadshow (October 2007)
9 slides from Sprott's roadshow presentation, October 2007
Slide 1: Sprott Global Equity Fund
SPROTT GLOBAL EQUITY FUND Sprott Asset Management Inc. Sprott Global Equity Fund Launched April 25, 2007 Sylvain Ratelle, CFA, MBA Investment Strategist October 2007 WHY A GLOBAL FUND? Larger set of opportunities on a global basis Benefit from global growth Diversification October 07 Slide 2
Slide 2: Objective and Investment Strategy
SPROTT GLOBAL EQUITY FUND INVESTMENT OBJECTIVE The objective of the Sprott Global Equity Fund is to achieve long-term capital growth by investing primarily in equity and equity-related securities of companies around the world. October 07 Slide 3 INVESTMENT STRATEGY Proprietary quantitative model u
Slide 3: Investment Process: Profitability and Valuation Characteristics
SPROTT GLOBAL EQUITY FUND INVESTMENT PROCESS High and replicable Return On Equity Good Growth of Return On Equity Profitability High reinvestment rate Characteristics High and sustainable growth rate Positive EPS forecast October 07 Slide 5 INVESTMENT PROCESS (CONT’D) Superior relative v
Slide 4: Investment Process: Momentum and Country & Sector Allocation
SPROTT GLOBAL EQUITY FUND INVESTMENT PROCESS (CONT’D) Strong momentum on fundamentals: ROE growth & EPS expansion Good Strong relative price momentum: Momentum long-term price/market price Characteristics Good profitability and valuation: confirmed by market action Positive value trend Octob
Slide 5: Investment Process: Other Considerations and Risk Management
SPROTT GLOBAL EQUITY FUND INVESTMENT PROCESS (CONT’D) Currency hedging Long term view / constant review Other Sell discipline Considerations Fully invested Short strategy Relative weight October 07 Slide 9 INVESTMENT PROCESS (CONT’D) On a company-by-company level Buying with a margin
Slide 6: Building the Portfolio: Portfolio Characteristics
SPROTT GLOBAL EQUITY FUND BUILDING THE PORTFOLIO October 07 Slide 11 PORTFOLIO CHARACTERISTICS Total AUM: CDN $73 million 75 names 20 countries 10 sectors Average ROE : 30% vs 14% Average EPS growth : 18% vs 9% Average P/E : 14 X vs 17 X Average market cap : $ 35 B vs $ 25 B October
Slide 7: Why Sprott Global Equity Fund? / Fund Facts
SPROTT GLOBAL EQUITY FUND WHY SPROTT GLOBAL EQUITY FUND ? Unique & proprietary approach – Core global large cap portfolio – Well diversified across countries and industries – Superior investment characteristics of individual names Experienced and disciplined strategist Unique SAM team, resourc
Slide 8: Fund Portfolio Positioning and Contact Information
SPROTT GLOBAL EQUITY FUND SPROTT GLOBAL EQUITY FUND As at September 30, 2007 Portfolio Positioning Total AUM (CDN) $73 million Gross Exposure (%) Long Positions 89% Top 10 Long Positions (%) Short Positions 0% Total Exposure 20% Net Exposure 89% Net Long Top 10 Short Positions (%) Total Number of Po
Slide 9: Disclaimer
SPROTT GLOBAL EQUITY FUND DISCLAIMER The opinions, estimates and projections ("information") contained within this report are solely those of Sprott Asset Management Inc. (SAM) and are subject to change without notice. SAM makes every effort to ensure that the information has been derived from sourc
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