The Fund’s principal goal is to provide investors with exposure to a diversified pool of private credit securities in a liquid vehicle with a focus on capital preservation and income generation.
Actively managed exposure to asset classes that are less correlated to the public markets and which produce alternative income streams. Strategies are managed tactically, allowing the Fund to respond to different market opportunities.
No Early Redemption Fees. Ideal solution for Discretionary Managers who may need to rebalance their models.
Monthly redemptions with 30 days notice. Greater flexibility for asset allocators.
An ideal product for Discretionary Managers looking for solid diversification, alternative income, and the flexibility to better manage their allocations.
Private debt is a loan-by-loan business. Ninepoint supplements fund-level oversight with an in-house Due Diligence & Oversight Team that has over 15 years of experience in corporate lending and loan origination with firms such as Wells Fargo, GE Capital, and The Carlyle Group. Loans in the underlying funds are proactively monitored and reported on monthly to ensure compliance with loan covenants and strategy mandate.
Supporting our Oversight Team is BlackRock’s Aladdin, widely regarded as one of the most sophisticated investment management platforms in the world. Aladdin provides state-of-the-art risk management tools for our Oversight Team.
In 2010, Ninepoint Partners was the first fund manager in Canada to offer a Private Debt Fund for retail investors. The Preqin Global Private Debt Report states “manager experience with a fund strategy” should be the first consideration when selecting Private Debt funds.
|Fund Type||Open-ended unincorp. investment trust|
|Inception Date||August 31 2016|
|Distributions||Monthly, net income of the Fund††
Target 5.0% per annum paid monthly†††
|Registered Tax Plan Status||Eligible|
|Management Fee‡||Class A Units: 2.0%
Class F Units: 1.0%
Class I Units: Fee determined by agreement between the Manager and Subscriber
|Performance Fee||Based on underlying Funds|
|Min. Initial Investment||$5,000 accredited
|Min. Subsequent Investment||$5,000|
|Redemptions||Monthly (30 days notice)|
†† Series A, F
††† Series FT, T
‡As the Fund invests in a portfolio of other investment funds with varied management fee rates, the resulting weighted management fee borne by the Fund is a combination of direct and indirect management fees. Direct management fees arise when the Fund invests in a non-management fee bearing class of another investment fund, and the value of such assets are included in the Fund’s own management fee calculation. Indirect management fees arise when the Fund invest in a management fee bearing class of another investment fund, and the value of such assets are excluded from a Fund’s own management fee calculation. The Fund will not pay a management fee to the Manager that to a reasonable person would duplicate a fee payable to the Manager, by a portfolio of funds for the same service.