Sprott Gold Miners ETF (NYSE Arca: SGDM) Achieves Milestones

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  • Surpasses $250 Million in Assets
  • Year-to-Date Performance over 100%
  • Outperformance of NYSE Arca Gold Miners Index in the Past Year

TORONTO, July 08, 2016 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott"), is pleased to announce a number of milestones for the Sprott Gold Miners ETF SGDM ("the ETF"). The ETF has surpassed $250 million in assets, it generated an outstanding year-to-date performance of 104%, outperforming the NYSE Arca Gold Miners Index. The ETF was created with ALPS Advisors Inc. ("ALPS") and Zacks Index Services.

"We are pleased to celebrate these milestones achieved by SGDM," said John Ciampaglia, Head of ETFs at Sprott. "Gold and gold stocks have returned to favor this year, leading to a significant rally which has helped to increase interest in SGDM. Our factor-based index methodology has performed very well over the year-to-date and 1-year time periods, allowing it to outperform the most recognized gold miners index – the NYSE Arca Gold Miners Index."

Sprott Gold Miners ETF SGDM seeks to deliver exposure to the Sprott Zacks Gold Miners Index ZAXSGDM. The Index aims to track the performance of large to mid-capitalization gold companies whose stocks are listed on major U.S. exchanges.

The Index uses a transparent, rules-based methodology that is designed to identify 25 gold stocks with the highest beta† to the spot price of gold, with each stock's weighting in the index adjusted based on its quarterly revenue growth on a year-over-year basis and the quality of its balance sheet, as measured by long-term debt to equity. The Index is rebalanced on a quarterly basis to incorporate the latest financial data into the screening process. The Index can also invest to a lesser degree in silver companies that meet the above criteria.

Performance as of 06/30/2016

FundCumulativeAnnualized
  1 Month 3 Months YTD Since
 Inception
 1 Year Since
 Inception
Sprott Gold Miners ETF (Net Asset Value) 24.40% 39.52% 104.01% 5.60% 65.19% 2.82%
Sprott Gold Miners ETF (Market Price)1 24.29 39.39 104.09 5.56% 65.13 2.80%
Sprott Zacks Gold Miners Index (Benchmark)3   24.46% 39.81% 104.90% 7.21% 66.53% 3.61%
NYSE Arca Gold Miners Index4 22.84% 38.64% 102.63% 7.36% 59.50% 3.68%
                   

Total Expense Ratio of Sprott Gold Miners ETF is 0.57%

Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call 866.675.2639 for current month end performance.

A fund's performance for very short time periods may not be indicative of future performance. The recent growth in the stock market has helped to produce short-term returns for some asset classes that are not typical and may not continue in the future.

1 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
2 Inception date of 07/15/2014
3 The Underlying Index was created by Zacks Index Services ("Index Provider") to provide a means of generally tracking the performance of gold and silver mining companies whose stocks are traded on major U.S. exchanges. An investor cannot invest directly in an index.
4 The NYSE Arca Gold Miners Index (GDM) is a modified market capitalization weighted index comprised of publicly traded companies primarily involved in the mining of gold and silver in locations around the world. An investor cannot invest directly in an index.

IMPORTANT DISCLOSURES & DEFINITIONS

An investor should consider the investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contain this and other information please contact your financial professional or call 1.866-961-1627. Read the prospectus carefully before investing.

Sprott Gold Miners ETF shares are not individually redeemable. Investors buy and sell shares of the Sprott Gold Miners ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the Fund, typically in blocks of 50,000 shares.

The Fund is not suitable for all investors. There are risks involved with investing in ETFs including the loss of money. The Fund is considered non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.

The Fund will be concentrated in the gold and silver mining industry. As a result, the Fund will be sensitive to changes in, and its performance will depend to a greater extent on, the overall condition of the gold and silver mining industry. Also, gold and silver mining companies are highly dependent on the price of gold and silver bullion. These prices may fluctuate substantially over short periods of time so the Fund's Share price may be more volatile than other types of investments. Funds that emphasize investments in small/mid cap companies will generally experience greater price volatility. Funds investing in foreign and emerging markets will also generally experience greater price volatility. There are risks involved with investing in ETFs including the loss of money. Diversification does not eliminate the risk of experiencing investment losses. ETFs are considered to have continuous liquidity because they allow for an individual to trade throughout the day. The Sprott Gold Miners ETF is a new product with a limited operating history.

ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the Sprott Gold Miners ETF.

About Sprott Asset Management

Sprott is an alternative investment manager that is recognized as a leader in precious metals and natural resource investing. Headquartered in Toronto, Canada, the mining finance center of the world, Sprott manages approximately $6 billion in precious metals-related investments, including the Sprott Physical Bullion Trusts, which trade on the NYSE Arca. Sprott ETFs provide investors with access to innovative and unique indexes that are designed to outperform passive market cap-weighted offerings. Sprott Asset Management leverages its expertise as an active money manager to co-develop each Index with its partners. Each index is designed using specific Factors that Matter™ for a particular sector. These customized factors are selected because they have historically proven to be strong predictors of long-term stock performance.
For more information, please visit www.SprottETFs.com

About ALPS

Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its Asset Management and Asset Servicing Solutions through offices in Boston, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of Kansas City-based DST Systems, Inc. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com

About Zacks Index Services

Zacks Index Services (the "Index Provider") is the index provider for the Fund. Zacks Index Services, a division of Zacks Investment Management ("ZIM"), creates and maintains proprietary, quantitative portfolio strategies that are licensed to product sponsors and serve as the basis of investment products such as ETFs, unit investment trusts and closed-end funds. ZIM, a wealth management boutique, is a leading expert on earnings and using earnings estimates in the investment process. ZIM is a wholly owned subsidiary of Zacks Investment Research, one of the largest providers of independent research in the U.S.

Contact Information: John Ciampaglia, CFA Head of ETFs Sprott Asset Management LP T: 416.943.4991 or 888.362.7172 E: jciampaglia@sprott.com Source: Sprott Asset Management

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