His name is not Eric Sprott, but Eric Nuttall

In my investment life, Sprott Inc. (SII) was the first stock I ever bought. At that time, Eric Sprott was everywhere, Jean-François Tardif was shaking up the market with the hedge fund he was managing at Sprott Asset Management. With all that, the Dividend Girl couldn't do better than just go in and invest in everything that Eric Sprott was talking about.

And among those investments, I had invested, several years ago, in the Sprott Canadian Equity Fund. Back in the days, I couldn't invested in Jean-François Tardif hedge fund because the minimum required was $100 000. At the time, the Sprott Canadian Equity Fund was performing very well, it had a good history chart and well, so investing in the the Sprott Canadian Equity Fund inside my RRSP seemed to be the thing to do. Unfortunately, shortly after, the stock market crash deeply (2008) and the the Sprott Canadian Equity Fund haven't been able to fully recover the crash. In such market instability, the fund couldn't perfom and still can't.

I invested $7 000 in total inside the the Sprott Canadian Equity Fund and that invested currently worth $3 476.98, about half of its old value... It doesn't seem to me like the Sprott Canadian Equity Fund is going to be back on track anytime soon. Is there anything I can do to fix the situation?

These days, Eric, not Eric Sprott, but Eric Nuttall is stealing the show. Eric Nuttall manage the Sprott Energy Fund. Is being said that the fund he's managing gain 16% this year, but what the article is not sating is that year to date, just like the Sprott Canadian Equity Fund, the Sprott Energy Fund never been able to recover to its old days of glory. Both Sprott Canadian Equity Fund and Sprott Energy Fund never been able to reach back their value of BEFORE the 2008 stock crash.

What does this mean? BAD MANAGEMENT. My best advice: stay away from everything related to Eric Sprott and Sprott Asset Management. In front of volatile market, Sprott guys have no idea of what they are doing.

And option would be to sell of my investment in Sprott Canadian Equity Fund and reinvest the money in the JFT Strategies Fund (JFS.UN). JFS.UN never disappointed me and I think my money could recover and I would be in a better financial position with Jean-François Tardif.