On August 27, Sprott Funds Trust added Kyle Kleckner, CFA as a portfolio manager for its funds alongside Ryan Mischker. The update matters to shareholders because it identifies the managers, their backgrounds, the accounts they oversee and how their compensation is determined.

Key Highlights

  • Prospectus and Summary Prospectus updates apply to funds dated April 30, while the Sprott Rare Earths Ex-China ETF materials are dated April 7.
  • Ryan Mischker has managed the funds since inception and previously managed predecessor funds from March 2015 to July 2019.
  • Portfolio manager bonuses depend on business-unit revenue, profitability and individual contribution, rather than specifically on portfolio performance.

SPROTT FUNDS TRUST added Kyle Kleckner, CFA as a portfolio manager across its funds effective immediately, working alongside Ryan Mischker. Kleckner joined the portfolio-management responsibilities in August 2026.

Portfolio Manager Details Revised Across Funds

Ryan Mischker serves as senior vice president of Portfolio Management and research at ALPS Advisors, the sub-adviser, while Kleckner is a portfolio manager in the same group. The updated SAI lists no other-account information for Kleckner in the categories shown as of December 31, 2025. Mischker and Kleckner receive base salaries and discretionary bonuses. The bonuses are determined by business-unit Revenue and profitability, together with each individual’s contribution, and are not specifically based on portfolio performance. The revised materials identify the funds’ prospectus dates as April 30, 2026, except for the Sprott Rare Earths Ex-China ETF, dated April 7, 2026.