Press Release

Ninepoint Partners LP announces risk rating and incentive fee changes

TORONTO, April 24, 2019 – Ninepoint Partners LP (Ninepoint Partners) today announced the following changes.

Risk Rating Change

Effective April 17, 2019, the risk rating changed for certain funds. The Manager determines the risk rating for the funds in accordance with the methodology required by the Canadian securities regulators. As a result of its annual review of the investment risk level of the funds, the Manager has determined the risk ratings for the following funds changed as follows:

Fund

Current Risk Rating

New Risk Rating

Ninepoint International Small Cap Fund

Medium to High

Medium

Ninepoint Concentrated Canadian Equity Fund

Medium

Low to Medium

Ninepoint Enhanced U.S. Equity Class

Low to Medium

Medium

Ninepoint Focused Global Dividend Class

Medium

Low to Medium

Ninepoint Global Real Estate Fund

Medium to High

Medium

These changes will be reflected in the funds’ simplified prospectus and the applicable fund facts, which will be filed with Canadian securities regulators in connection with the funds’ 2019 annual renewal.

There are no changes to the investment objectives or strategies of these funds.

Removal of Incentive Fees

Effective April 26, 2019, the annual incentive fee payable by Ninepoint Enhanced Equity Class and Ninepoint Enhanced U.S. Equity Class to Ninepoint Partners upon the achievement of certain performance targets will be eliminated.

 About Ninepoint Partners

 Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $3 billion in assets under management. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including North American Equity, Global Equity, Real Assets & Alternative Income.

 For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.