TORONTO, Sept. 16, 2016 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott”) announced today that it has changed the risk rating of the Sprott Global REIT & Property Equity Fund (the “Fund”). Sprott has assessed the risks of the Fund and has determined that the risk rating of the Fund should be changed from “High” to “Medium”.

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Sprott Asset Management LP (www.sprott.com), a wholly owned subsidiary of Sprott Inc. (www.sprottinc.com), is a fund company dedicated to achieving superior returns for its investors over time. Sprott Asset Management LP manages assets primarily for institutions, endowments and high net worth individuals and is the investment manager of the Sprott Mutual Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should consult their financial advisor to determine if the Sprott Mutual Funds may be sold in their jurisdiction.