Ninepoint Energy Fund - Series F

Overview

  • Focus on Mid-Caps

    Focus on Mid-Caps

    Provides access to a focused portfolio of mid-cap energy companies.

  • Exceptional Deal Flow

    Exceptional Deal Flow

    Benefit from Ninepoint’s exceptional deal flow and numerous company relationships in the energy sector.

  • No Hold Period

    No Hold Period

    ETF option for ease of rebalancing with no hold period.

Fund Objective

The Fund seeks to achieve long-term capital growth. The Fund invests primarily in equity and equity-related securities of companies that are involved directly or indirectly in the exploration, development, production and distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector.

Investment Team

  • Eric Nuttall
    Partner, Senior Portfolio Manager
    Eric Nuttall
    Partner, Senior Portfolio Manager
    Eric Nuttall is a Partner and Senior Portfolio Manager with Ninepoint Partners LP. He joined the firm in August 2017 and was previously a Portfolio Manager at Sprott Asset Management LP since February 2003. Eric's views on energy are frequently sought after by BNN Bloomberg, CNBC, The Globe and Mail, The National Post, and other media organizations. Eric graduated with High Honours from Carleton University with an Honours Bachelor of International Business.
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  • Keegan Stoyles, CFA
    Associate Portfolio Manager
    Keegan Stoyles, CFA
    Associate Portfolio Manager
    Keegan joined Ninepoint Partners in January 2022 as an Analyst for the Ninepoint Energy Fund. Prior to Ninepoint, Keegan worked as an Equity Research Associate at TD Securities with a focus on the Energy sector, with coverage spanning Canada, the U.S and several European Supermajors. Prior to that he started his career at Encana (now Ovintiv) as a geologist and also spent several years at a private startup oil & gas company. He attended the University of Calgary and obtained a Bachelor of...
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Performance

Compound Returns

As at 5/31/2024 (Series F) NPP008
Compound Returns
MTD % YTD % 1Y % 3Y % 5Y % 10Y % Inception %
-8.68
As at 6/14/2024
25.49 34.80 37.07 37.76 5.36 7.98
Inception Date: April 15, 2004

Growth of $10,000 Invested

As at 5/31/2024 (Series F) NPP008

Risk Tolerance

  • Low
  • Low - Med
  • Medium
  • Med - High
  • High

Portfolio

As at 5/31/2024

Sector Allocation

Sector Allocation
Sector Weight %
Oil & Gas Exploration & Production 65.92
Integrated Oil & Gas 16.1
Oil & Gas Drilling 11.08
Cash and Cash Equivalents 5.75
Oil & Gas Refining & Marketing & Transportati 1.15

Geographic Allocation

Geographic Allocation
Sector Weight %
Canada 82.03
United States 12.21

Top Ten Holdings

Issuer Name
Baytex Energy Corp
Cenovus Energy Inc
Veren Inc
Tamarack Valley Energy Ltd
Precision Drilling Corporation
Arc Resources Ltd
Headwater Exploration Inc
Paramount Resources Ltd
Tourmaline Oil Corp
Meg Energy Corp

Statistical Analysis

As at 5/31/2024 (Series F) NPP008
Statistics Fund Index (S&P/TSX Capped Energy TR)
Cumulative Return 368.94% 218.62%
Growth of 10K $46,894.00 $31,862.00
Sharpe Ratio 0.12 0.10
Standard Deviation 40.93% 28.38%
Total Down Months 100 106
Total Positive Months 141 135

Facts, Fees & Fund Codes

Facts
Facts
Fund Type
Energy Equity
Inception Date
April 15, 2004
Registered Tax Plan Status
Eligible
Distributions
Annually
Performance Fee
10% of excess over S&P/TSX Capped Energy TRI
Minimum Initial Investment
$500 
Minimum Subsequent Investment
$25
Minimum Investment Term
20 days (1.5% penalty)
Redemptions
Daily
Valuations
Daily
Fees
Fees
Management Fee
Series A: 2.50%
Series D: 1.50%
Series ETF: 1.50%
Series F: 1.50%
Fund Codes
Ticker & Fund Codes
Series A NPP006
Series D NPP314
Series ETF * NNRG
Series ETF $USD * NNRG.U
Series F NPP008
*Exchange: Cboe Canada Exchange

Education

Documents

All returns and fund details are a) based on Series F shares; b) net of fees; c) annualized if period is greater than one year; d) as at 4/30/2024. Top ten holdings, sector allocation and geographic allocation as at 4/30/2024. Top ten holdings based on % of net asset value. Sector allocation based on % of net asset value. Geographic allocation based on % of net asset value and excludes cash. Numbers may not add up due to rounding. Cash and cash equivalents include non-portfolio assets and/or liabilities.

The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.

In each taxation year, the Fund will distribute to its investors a sufficient amount of the Fund’s net income and net realized capital gains so that the Fund will not pay any income tax. The net income and the net realized capital gains of the Fund will be distributed annually in December.

The Fund is generally exposed to the following risks: Concentration risk; Credit risk; Currency risk; Cybersecurity risk; Derivatives risk; Energy risk; Exchange traded funds risk; Foreign investment risk; Inflation risk; Interest rate risk; Liquidity risk; Market risk; Performance fee risk; Regulatory risk; Rule 144A and other exempted securities risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Short selling risk; Small capitalization natural resource company risk; Specific issuer risk; Tax risk. Additional risks associated with an investment in ETF Series securities of this Fund include: Absence of an active market for ETF Series risk; Halted trading of ETF Series risk; Trading price of ETF Series risk.

Ninepoint Partners LP is the investment manager to a number of funds (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. The indicated rates of return for series F units of the Funds for the period ended 4/30/2024 are based on the historical annual compounded total returns including changes in unit value and reinvestment of all distributions or dividends and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. This communication does not constitute an offer to sell or solicitation to purchase securities of the Funds.

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 who are not resident in Canada should contact their financial advisor to determine whether securities of the Fund may be lawfully sold in their jurisdiction.

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. CIFSC category: Energy Equity. Number of funds in the category: 34. FundGrade start date: 1/31/2012. FundGrade Calc date: 12/31/2023.

Ninepoint Partners LP: Toll Free: 1.866.299.9906. Dealer Services: CIBC Mellon GSSC Record Keeping Services: Toll Free: 1.877.358.0540