RE:Eric NuttallI like his LEG pick, but wondered where he got his "86%" YTD return...I can't see that he did. Here are his latest fund stats:
https://www.sprott.com/media/18563/performance-sprott-energy.pdf
6 months shows a 2.4% return versus 6 month comparative index at 3.5%.
YTD here
https://www.sprott.com/products/sprott-energy-fund/ shows a return to August 30 at 2.7%
So how can he sit there and smile when they glow over his 86% return?
Just looking at his underlieing shows that unless he was 100% in Surge, he couldn't generate what they claim he did:
Top Ten Holdings:
1. Crescent Point
Energy Corp.
2. TORC Oil & Gas Ltd.
3. Cash and Cash Equivalents
4. Renegade Petroleum Ltd.
5. Anadarko Petroleum Corp.
6. Surge Energy Inc.
7. Whiting Petroleum Corp.
8. Legacy Oil + Gas Inc.
9. EOG Resources Inc.
10. Concho Resources Inc.
His other pick, Athabasca Oil, is down 2.7% YTD and doiesn't appear in his top ten, so he must have taken his position just before talking it up.
Is this a pile of crap, or am I missing something like another Sprott Energy fund?????