Ninepoint Resource Fund Class - Series F

Overview

  • Flexible and opportunistic

    Flexible and opportunistic

    Flexible and opportunistic, able to rotate across resource sub-sectors and market cap depending on market conditions.

  • Multi-managed

    Multi-managed

    Multi-managed to leverage Ninepoint’s Investment Team’s collective expertise, experience and unique investment styles.

Fund Objective

The investment objective of the Fund is to seek to achieve long-term capital growth. The Fund invests primarily in equity and equity-related securities of companies in Canada and around the world that are involved directly or indirectly in the natural resource sector.

Investment Team

  • Ninepoint Partners Sub Advised by Sprott Asset Management (SAM)
    Ninepoint Partners Sub Advised by Sprott Asset Management (SAM)
    Sprott Asset Management LP is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US and Asia, the Corporation is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management and Private Resource Investments. The Corporation also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toront...
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  • Jason Mayer, MBA, CFA
    Senior Portfolio Manager, Sprott Asset Management - Sub-Advisor
    Jason Mayer, MBA, CFA
    Senior Portfolio Manager, Sprott Asset Management - Sub-Advisor
    Jason Mayer joined Sprott Asset Management LP in November 2012. Jason has more than 15 years of investment industry experience focused on structuring flow-through investment vehicles and managing portfolios of growth oriented resource equities. Mr. Mayer joined Sprott from Middlefield Capital Corporation where he acted as lead portfolio manager on a number of investment funds with a focus on resource equities. Mr. Mayer is an MBA graduate of the Schulich School of Business at York University...
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Performance

Compound Returns

As at 6/28/2024 (Series F) NPP967
Compound Returns
MTD % YTD % 1Y % 3Y % 5Y % 10Y % Inception %
4.91
As at 7/12/2024
-12.06 -10.58 - - - -19.03
Inception Date: February 7, 2022

Growth of $10,000 Invested

As at 6/30/2024 (Series F) NPP967

Risk Tolerance

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

Portfolio

As at 6/30/2024

Sector Allocation

Sector Allocation
Sector Weight %
Materials 70.92
Energy 25.80
Financials 1.68
Cash and Cash Equivalents 1.60
Equity Options / Warrants 0.00
Industrials 0.00

Geographic Allocation

Geographic Allocation
Sector Weight %
Canada 94.27
United States 4.13

Top Ten Holdings

Issuer Name
Asante Gold Corp
Collective Mining Ltd
Denison Mines Corp
Ev Nickel Inc
Founders Metals Inc
Sitka Gold Corp
Thesis Gold Inc
Troilus Gold Corp
Uranium Energy Corp
White Gold Corp.

Statistical Analysis

As at 6/30/2024 (Series F) NPP967
Statistics Fund
Cumulative Return -39.66%
Growth of 10K $6,034.00
Sharpe Ratio -0.81
Standard Deviation 27.25%
Total Down Months 16
Total Positive Months 12

Facts, Fees & Fund Codes

Facts
Facts
Fund Type
Resource Sector
Inception Date
February 1, 2022
Registered Tax Plan Status
Eligible
Distributions
Annually in December & February (if any)
Performance Fee
10% of excess over blended benchmark index
Minimum Initial Investment
$500 
Minimum Subsequent Investment
$25 
Minimum Investment Term
20 days (1.5% penalty)
Redemptions
Daily
Valuations
Daily
†Blended Index (50/50 S&P/TSX Capped Materials Total Return Index and S&P/TSX Capped Energy Total Return Index) and is computed by Ninepoint Partners LP based on available index information.
Fees
Fees
Management Fee
Series A: 2.50%
Series D: 1.50%
Series F: 1.50%
Fund Codes
Fund Codes
Series A NPP970
Series D NPP969
Series F NPP967

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 6/30/2024. Top ten holdings, sector allocation and geographic allocation as at 6/30/2024. 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.

The Fund is generally exposed to the following risks: Capital gains risk; Commodity risk; Concentration risk; Currency risk; Cybersecurity risk; Derivatives risk; Exchange traded funds risk; Foreign investment risk; Inflation 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; Small company risk; Specific issuer risk; Sub-adviser risk; Tax risk; Uninsured losses 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 6/30/2024 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.

The information provided is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering or tax, legal, accounting or professional advice. Readers should consult with their own accountants and/or lawyers for advice on the specific circumstances before taking any action. 

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