Press Release

Ninepoint Partners LP announces changes to portfolio manager line up

TORONTO, February 15, 2018 – Ninepoint Partners LP (Ninepoint Partners) announced today that effective February 15, 2018, the portfolio managers of Sprott Canadian Equity Fund will change from Jonathan Wiesblatt and James Bowen to an investment team led by John Wilson, Managing Partner and Senior Portfolio Manager of Ninepoint Partners.

As announced previously, Sprott Canadian Equity Fund will merge into Sprott Concentrated Canadian Equity Fund on or about the end of March 2018 if the requisite approvals are obtained. Scheer, Rowlett & Associates Investment Management Ltd., an affiliate of Connor, Clark and Lunn Financial Group, is the sub-adviser of Sprott Concentrated Canadian Equity Fund.

About Ninepoint Partners

Ninepoint Partners is an independent investment manager committed to adding value to investors’ portfolios while helping to differentiate advisors’ businesses. 

Based in Toronto, Ninepoint Partners has assumed portfolio management of the Canadian diversified assets of Sprott Asset Management (SAM), including actively managed hedge and mutual funds, while also offering leading resource and precious metals strategies through an exclusive sub-advisory relationship with SAM. The new firm oversees approximately $3 billion in assets under management.

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About Scheer, Rowlett & Associates

Scheer Rowlett is an investment management firm specializing in value-oriented Canadian equity and balanced portfolios. Founded in 1990, the firm oversees approximately $2.8 billion in assets for pension plans, mutual funds, corporations, institutional, endowments, foundations and high net worth investors.

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Scheer Rowlett is part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management firm whose affiliates collectively manage approximately $74 billion in assets.

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Corey Goldman