Sprott Junior Gold Miners Exchange Traded Fund (NYSE Arca: SGDJ) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges.
The Index uses a transparent, rules-based methodology that is designed to emphasize junior gold stocks with market capitalization between $200 million and $2 billion. The Index emphasizes junior gold producers with the strongest revenue growth and junior exploration companies with the strongest stock price momentum. The Index is reconstituted on a semi-annual basis, in November and May, to incorporate the latest factor scores into the selection and weighting process.
| Ticker | SGDJ |
| IIV Ticker | SGDJ.IV |
| Listing Exchange | NYSE Arca |
| CUSIP (new) | 85210B 201 |
| ISIN | US85210B2016 |
| Fund Inception | March 31, 2015 |
| Index Reconstitution | Semi-Annual |
| Index Ticker | SOLJGMFT |
| Total Net Assets | $124,974,843.11 |
| Shares Outstanding | 2,700,000 |
| Number of Holdings | 37 |
| Frequency Distribution of Premiums and Discounts | |
| Median 30 Day Bid Ask Spread (As of 1/21/2021) |
0.27 % |
| Management Fee | 0.35% |
| Other Expenses3 | 0.59% |
| Gross Expense Ratio | 0.94% |
| Fee Waiver/Expense Reimbursement | 0.44% |
| Net Total Expense Ratio4 | 0.50% |
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | SI6 |
|---|---|---|---|---|---|---|---|
| Sprott Junior Gold Miners ETF (Net Asset Value) |
11.11 | 12.98 | 48.55 | 48.55 | 14.80 | - | 14.23 |
| Sprott Junior Gold Miners ETF (Market Price)1 |
10.71 | 13.08 | 48.02 | 48.02 | 14.80 | - | 14.24 |
| Solactive Junior Gold Miners Custom Factors Index TR (Benchmark)5 |
11.16 | 12.98 | 49.24 | 49.24 | - | - | - |
| S&P 500 Total Return Index (S&P 500 Index)5 |
3.84 | 12.15 | 18.40 | 18.40 | 14.18 | - | 13.01 |
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | SI6 |
|---|---|---|---|---|---|---|---|
| Sprott Junior Gold Miners ETF (Net Asset Value) |
11.11 | 12.98 | 48.55 | 48.55 | 14.80 | - | 14.23 |
| Sprott Junior Gold Miners ETF (Market Price)1 |
10.71 | 13.08 | 48.02 | 48.02 | 14.80 | - | 14.24 |
| Solactive Junior Gold Miners Custom Factors Index TR (Benchmark)5 |
11.16 | 12.98 | 49.24 | 49.24 | - | - | - |
| S&P 500 Total Return Index (S&P 500 Index)5 |
3.84 | 12.15 | 18.40 | 18.40 | 14.18 | - | 13.01 |
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 888.622.1813 for current month end performance.
* Returns less than one year are not annualized.
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 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
3 “Other expenses” are based on estimated amounts for the current fiscal year and are calculated as a percentage of the Fund’s net assets.
4 Sprott Asset Management LP, the investment adviser to the Fund, has contractually agreed to waive the management fee, and/or reimburse expenses so that Total Net Expense Ratio After Fee Waiver/Expense Reimbursements (not including distribution (12b-1) fees, shareholder service fees, acquired fund fees and expenses, taxes, brokerage commissions and extraordinary expenses) do not exceed a maximum of 0.50% of the shares average daily net assets through June 30, 2021.
5 Effective 7/22/2019, SGDJ began tracking the Solactive Junior Gold Miners Custom Factors Index (SOLJGMFT). Historical Index data prior to 7/22/2019 is for the Sprott Zacks Junior Gold Miners Index (ZAXSGDJ). Index data on or after 7/22/2019 is the Solactive Junior Gold Miners Custom Factors Index (SOLJGMFT), which was created by Solactive AG ("Index Provider") to provide a means of generally tracking the performance of junior gold mining companies whose stocks are traded on Canadian and major U.S. exchanges. An investor cannot invest directly in the Index. SGDJ was reorganized from ALPS ETF Trust into Sprott ETF Trust on or about 7/19/19. SGDJ is a continuation of the prior fund and, therefore, the performance information shown includes the prior fund's performance.
6 Inception Date: 3/31/2015.
As of 12/31/2020
| Number of Companies | 36 |
| Market Cap (millions) | $42,294 |
| Largest Market Cap (millions) | $2,523 |
| Smallest Market Cap (millions) | $398 |
| Weighted Avg. Company Market Cap (millions) | $1,275 |
| Market Cap Breakdown | |
| Large (>$10B) | 0.00% |
| Medium ($2-$10B) | 5.07% |
| Small (<$2B) | 94.93% |
| Industry Weightings | |
| Gold | 85.98% |
| Precious Metals | 10.22% |
| Base Metals | 3.80% |
As of 12/31/2020
As of 1/22/2021
| Security | ISIN | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Koza Altin Isletmeleri AS | TREKOAL00014 | KOZAL TI | B3LP189 | 446,231 | 5.51% |
| West African Resources Ltd. | AU000000WAF6 | WAF AU | B4KBBN0 | 7,868,969 | 4.74% |
| Victoria Gold Corp. | CA92625W5072 | VGCX CN | BKMJWS6 | 596,435 | 4.67% |
| Argonaut Gold Inc. | CA04016A1012 | AR CN | B50H726 | 2,942,452 | 4.59% |
| Coeur Mining Inc. | US1921085049 | CDE | 2208136 | 651,448 | 4.48% |
| Resolute Mining Ltd. | AU000000RSG6 | RSG AU | 6410636 | 9,432,775 | 4.13% |
| Lundin Gold Inc. | CA5503711080 | LUG CN | BTKSSY6 | 642,495 | 4.07% |
| Petropavlovsk PLC | GB0031544546 | POG LN | 3154454 | 11,957,389 | 4.06% |
| Greatland Gold PLC | GB00B15XDH89 | GGP LN | B15XDH8 | 13,078,300 | 4.01% |
| K92 Mining Inc. | CA4991131083 | KNT CN | BYZ2CB3 | 738,021 | 3.81% |
| Bellevue Gold Ltd. | AU0000019374 | BGL AU | BFZ31P0 | 5,659,585 | 3.67% |
| Centamin PLC | JE00B5TT1872 | CEY LN | B5TT187 | 2,740,319 | 3.58% |
| Teranga Gold Corp. | CA8807972044 | TGZ CN | BD1FRN6 | 451,822 | 3.53% |
| Dundee Precious Metals Inc. | CA2652692096 | DPM CN | B00VD03 | 619,523 | 3.40% |
| St Barbara Ltd. | AU000000SBM8 | SBM AU | 6317072 | 2,206,571 | 3.11% |
| Torex Gold Resources Inc. | CA8910546032 | TXG CN | BD2NKY1 | 282,951 | 3.10% |
| Silver Lake Resources Ltd. | AU000000SLR6 | SLR AU | B28RMY4 | 2,895,621 | 3.00% |
| Wesdome Gold Mines Ltd. | CA95083R1001 | WDO CN | B0Y90N5 | 485,817 | 2.82% |
| Ramelius Resources Ltd. | AU000000RMS4 | RMS AU | 6586872 | 2,819,218 | 2.70% |
| De Grey Mining Ltd. | AU000000DEG6 | DEG AU | 6534837 | 4,385,868 | 2.53% |
| OceanaGold Corp. | CA6752221037 | OGC CN | B1Z7L21 | 1,393,221 | 2.05% |
| Premier Gold Mines Ltd. | CA74051D1042 | PG CN | B1CF5B5 | 968,457 | 2.03% |
| Perseus Mining Ltd. | AU000000PRU3 | PRU AU | B02FBC1 | 2,103,366 | 1.64% |
| Seabridge Gold Inc. | CA8119161054 | SA | B00VFP2 | 101,015 | 1.61% |
| New Gold Inc. | CA6445351068 | NGD CN | 2826947 | 1,026,813 | 1.57% |
| Westgold Resources Ltd. | AU000000WGX6 | WGX AU | BYVQ673 | 1,056,060 | 1.56% |
| Sabina Gold & Silver Corp. | CA7852461093 | SBB CN | 2764779 | 941,709 | 1.53% |
| Gold Road Resources Ltd. | AU000000GOR5 | GOR AU | B15F5K1 | 1,970,851 | 1.49% |
| Golden Star Resources Ltd. | CA38119T8077 | GSS | BG0DHL0 | 476,445 | 1.48% |
| Regis Resources Ltd. | AU000000RRL8 | RRL AU | 6476542 | 646,672 | 1.48% |
| Hochschild Mining PLC | GB00B1FW5029 | HOC LN | B1FW502 | 644,898 | 1.45% |
| McEwen Mining Inc. | US58039P1075 | MUX | B7M5FL7 | 1,915,691 | 1.45% |
| Roxgold Inc. | CA7798992029 | ROXG CN | B1N9N12 | 1,461,602 | 1.36% |
| Osisko Mining Inc. | CA6882811046 | OSK CN | BDBCBP7 | 667,376 | 1.31% |
| SolGold PLC | GB00B0WD0R35 | SOLG LN | B0WD0R3 | 3,672,528 | 1.30% |
| Novo Resources Corp. | CA67010B1022 | NVO CN | B669XF8 | 807,581 | 1.20% |
| Cash Equivalent | $-55,949.15 | -0.02% |
37 total. Subject to change.
| Ex-Date | Record Date | Payable Date | Short-Term Capital Gains | Long-Term Capital Gains | Dividend Income | Total Distributions |
|---|---|---|---|---|---|---|
| 12/23/2015 | 12/28/2015 | 12/31/2015 | - | - | - | - |
| 12/21/2016 | 12/23/2016 | 12/29/2016 | - | - | $0.16 | $0.16 |
| 12/21/2017 | 12/22/2017 | 12/28/2017 | - | - | $0.56 | $0.56 |
| 12/20/2018 | 12/21/2018 | 12/27/2018 | - | - | $0.05 | $0.05 |
| 12/19/2019 | 12/20/2019 | 12/27/2019 | - | - | $0.22 | $0.22 |
| 12/16/2020 | 12/17/2020 | 12/23/2020 | - | - | $0.97 | $0.97 |
An investor should consider the investment objectives, risks, charges and expenses carefully before investing. Click here to obtain a Sprott Gold Miners ETF Statutory Prospectus and Sprott Junior Gold Miners ETF Statutory Prospectus, which contains this and other information, contact your financial professional or call 888.622.1813. Read the Prospectuses carefully before investing.
The Funds are not suitable for all investors. There are risks involved with investing in ETFs including the loss of money. The Funds are 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.
Shares are not individually redeemable. Investors buy and sell shares of the Sprott Gold Miners ETF and Sprott Junior 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.
All data is in U.S. dollars unless otherwise noted. Funds that emphasize investments in small/mid cap companies will generally experience greater price volatility. 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. A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses, affect the Fund’s performance.
ALPS Distributors, Inc. is a registered broker-dealer and FINRA Member.
Schwab ETF OneSource is a trademark of Charles Schwab & Co, Inc. Used with permission.
Data updated as of Jan 25, 2021
| CY 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | |
|---|---|---|---|---|---|
| Days Traded at Premium | 139 | -- | -- | -- | -- |
| Days Traded at Discount | 100 | -- | -- | -- | -- |
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted.
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported net asset value. The amount that the fund's market price is above the reported NAV is called the premium. The amount that the fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm Eastern time). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.
*A unit that is equal to 1/100th of 1% and is used to denote the change in a financial instrument.
The Premium / Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
