Sprott Gold Equity Fund Investor Class
SGDLX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10019 Milwaukee WI United States of America 60661
- IPO Date
- Jun 29, 1998
- Website
- sbhic.com
- Similar Companies
- Business
- Sprott Gold Equity Fund Investor Class (SGDLX) is an open-end mutual fund managed by Sprott Asset Management LP that seeks long-term capital appreciation by investing at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies located throughout the world, in both developed and emerging markets, that are primarily engaged in the mining or processing of gold; gold bullion; and, to a limited extent, other precious metals such as silver and platinum, with no more than 20% of total assets invested directly in physical bullion or other precious metals. The fund employs a value-oriented investment approach, targeting undervalued gold-related companies based on relative value and growth potential, with a portfolio emphasizing gold equities (approximately 79%), gold bullion (12%), silver equities (5%), and other precious metals and minerals; top holdings as of late 2024 include gold bullion, Agnico Eagle Mines Ltd., Osisko Gold Royalties Ltd., OceanaGold Corp., and SilverCrest Metals Inc., spanning senior producers, mid-tier producers, developers, and explorers across Canada, the United States, Australia, and other regions. Available in Investor Class (SGDLX, inception June 29, 1998, minimum initial investment $1,000) and Institutional Class (SGDIX, inception April 8, 2019, minimum $1 million) shares, the fund features a net expense ratio of 1.46% for the Investor Class, no front-end or deferred loads, and a 2% redemption fee within the first 90 days; it is domiciled in the United States and available for sale to U.S. investors. Sprott Asset Management LP, the fund's adviser and a subsidiary of Sprott Inc., was founded in 1981 by Eric Sprott and is headquartered in Toronto, Ontario, Canada, with additional offices in New York, Connecticut, and California, managing approximately $49 billion in assets as of September 30, 2025 across precious metals and critical materials strategies. The fund is managed by a team led by John Hathaway (since 1998), alongside Maria Smirnova (since 2020), Shree Kargutkar (since 2020), Justin Tolman (since 2024), and Victor Huwang, leveraging deep expertise in precious metals equities. Originally launched as the Tocqueville Gold Fund, it underwent a significant reorganization effective January 17, 2020, when Sprott Inc. completed the acquisition of Tocqueville Gold Strategies, integrating the Tocqueville Gold Fund classes (TGLDX and TGLIX) into Sprott Gold Equity Fund classes (SGDLX and SGDIX) and renaming related strategies, enhancing Sprott's gold investment capabilities with key personnel like Hathaway. The fund serves long-term investors seeking exposure to gold mining equities and physical gold within diversified portfolios, targeting capital preservation against inflation and growth potential amid commodity cycles.