The Fund seeks to provide unitholders with long term capital appreciation by investing primarily in a portfolio of international small capitalization equity securities of issuers in countries and industries located in Europe, Japan and Asia-Pacific ex-Japan.
|MTD††||YTD %††||1 YR %||3 YR %||5 YR %||10 YR %||Inception %|
|Cash and Cash Equivalents||1.06|
|Clipper Logistics Plc|
|Internet Initiative Japan Inc.|
|Kerry Logistics Network Ltd|
|L Occitane International Sa|
|Raffles Medical Group Ltd|
|Rothschild & Co Sca|
|Sopra Steria Group|
Source: 2016 IMF Coordinated Direct Investment Survey, Russell Global Index, Vanguard.
What is market cap?
Market capitalization (aka market cap) is the market value of all a company’s outstanding shares. It is typically divided into three categories:
As defined by MSCI Global Investable Market Indexes Methodology, November 2017.
Aims to identify good companies with growth potential not yet recognized by the market.
Founded in 2008, Global Alpha is a Montreal-based, employee-owned, institutional investment manager with global small-cap equity expertise and a strong track record of generating consistent returns.
Global Alpha manages money for pensions and institutions likes California State Teachers’ Retirement System (CALSTRS), California Public Employees’ Retirement System (CalPERS), Los Angeles County Employees Retirement Association (LACERA).
Global Alpha believes that companies that operate with sound ESG practices provide better investment opportunities.
As part of ongoing bottom-up research, ESG strategies are incorporated into the overall investment process.
|Series A $USD||NPP375|
|Series F $USD||NPP376|
|Series PF $USD||NPP377|
|Fund Type||Small-Cap Equity|
|Inception Date||March 15, 2018|
|Distributions||Distributions are reinvested automatically|
|Registered Tax Plan Status||Eligible|
|Management Fee||Series A: 2.50%
Series F: 1.50%
Series I: Negotiated by the unitholder (up to a maximum of 2.50%)
|Minimum Initial Investment||$500|
|Minimum Subsequent Investment||$25|
|Minimum Investment Term||20 days (1.5% penalty)|
All returns and fund details are a) based on Series F units; b) net of fees; c) annualized if period is greater than one year; d) as at May 31, 2021. The index is 100% MCSI EAFE Small Cap NR USD (CAD) and is computed by Ninepoint Partners LP based on publicly available index information.
Where applicable, all figures are annualized and based on monthly returns since inception. Risk-free rate and minimum acceptable rate calculated using rolling 90-day CDN T-bill rate. The rate of return or mathematical table shown is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund.
3 Top ten equity holdings, sector allocation and geographic allocation as at May 31, 2021. Sector weightings calculated as % of net asset value. Numbers may not add up due to rounding. Cash and cash equivalents include non-portfolio assets and/or liabilities.
The Fund is generally exposed to the following risks. See the prospectus of the Fund for a description of these risks: ADR risk; Concentration risk; Credit risk; Currency risk; Cybersecurity risk; Emerging markets risk; Foreign investment risk; Inflation risk; Liquidity risk; Market risk; Regulatory risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Small company risk; Specific issuer risk; Sub-adviser risk; Tax risk.
Ninepoint Partners LP is the investment manager to the Ninepoint 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 rate of return for series F units of the Fund for the period ended May 31, 2021 is based on the historical annual compounded total return including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 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.
Ninepoint Partners LP: Toll Free: 1.866.299.9906. DEALER SERVICES: CIBC Mellon GSSC Record Keeping Services: Toll Free: 1.877.358.0540