The Ninepoint Energy Income Fund seeks to provide unitholders with income and capital appreciation by investing in dividend paying energy companies.
|MTD†||YTD %†||1 YR %||3 YR %||5 YR %||10 YR %||Inception %††|
|Oil & Gas Exploration & Production||74.91|
|Oil & Gas Storage & Transportation||10.5|
|Integrated Oil & Gas||9.42|
|Cash And Cash Equivalents||4.19|
|Oil & Gas Drilling||2.1|
|Cenovus Energy Inc (Alberta)|
|Chord Energy Corp|
|Diamondback Energy Inc|
|Gibson Energy Inc|
|Northern Oil And Gas Inc|
|Permian Resources Corporation|
|Peyto Exploration & Development Corp|
|Tourmaline Oil Corp (Pre-Merger)|
|Viper Energy Inc|
Energy continues to be a vital sector as the world undertakes a multi-decade transition to a lower carbon future. Ninepoint Energy Income Fund gives investors access to the oil side of this generational energy transition opportunity, offering investors the potential for capital appreciation and consistent income by investing in dividend paying energy companies.
Source: US Energy Information Administration
Number of energy companies paying dividends increased more than other sectors.
Source: Morningstar.com, February 9, 2022, Why Energy Stocks Are Gushing High Dividends
|Series ETF *||NRGI|
|Series S 1||NPP5505|
|Series SF 1||NPP5506|
|Series A $USD||NPP5007|
|Series F $USD||NPP5008|
*Exchange: Cboe Canada Exchange
1Closed to new purchases.
|Fund Type||Alternative Energy Income Fund|
|Inception Date||February 18, 2022|
|Registered Tax Plan Status||Eligible|
|Distributions||Target 5% NAV/unit, paid monthly*|
|Management Fee||Series A: 2.5%
Series ETF: 1.50%
Series F: 1.50%
|Performance Fee||15% of excess over previous quarter High Water Mark|
|Minimum Initial Investment||$500|
|Minimum Subsequent Investment||$25|
|Minimum Investment Term||20 days (1.5% penalty)|
|CUSIP||NRGI: 65444A104 (Cboe)|
*The monthly distribution amount may be adjusted by the Manager without notice throughout the year as market conditions change. Monthly distributions will be comprised of net income, net realized capital gains and/or return of capital. Any net income and/or net realized capital gains earned by the Fund in excess of the monthly distribution will be distributed to unitholders annually in December.
1Source: Bernstein, 2021
The Ninepoint Energy Income Fund is generally exposed to the following risks. See the simplified prospectus of the Fund for a description of these risks: Absence of an active market for ETF Series risk; Borrowing Risk; Collateral Risk; Commodity Risk; Concentration Risk; Currency Risk; Cybersecurity Risk; Derivatives Risk; Energy Risk; Foreign Investment Risk; Halted trading of ETF Series risk; Inflation Risk; Interest Rate Risk; Leverage Risk; Liquidity Risk; Market Risk; Performance fee risk; Regulatory Risk; Securities lending, repurchase and reverse repurchase transactions risk; Series Risk; Short Selling Risk; Substantial unitholder risk; Tax Risk; Trading price of ETF Series risk.