Ninepoint Resource Fund - 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 9/30/2024 (Series F) NPP864
Compound Returns
MTD % YTD % 1Y % 3Y % 5Y % 10Y % Inception %
2.53
As at 10/31/2024
-2.83 -11.02 -0.66 7.93 2.83 -0.40
Inception Date: October 17, 2011

Monthly Returns (%)

As at 9/30/2024 (Series F) NPP864
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024 -1.83 -1.08 4.79 6.46 1.05 -10.94 0.05 -2.13 1.78 -2.83
2023 1.57 -3.95 -1.58 6.07 -7.00 1.37 4.35 1.72 -3.02 -1.17 -4.58 -2.89 -9.51
2022 -0.96 10.30 13.71 -3.35 0.88 -20.16 10.80 1.28 -13.59 2.34 7.77 -5.43 -2.20
2021 0.36 3.44 2.62 6.49 5.85 -4.05 -5.14 -0.75 2.96 15.13 -2.62 1.67 27.32
2020 -7.57 -18.74 -22.69 40.51 16.32 9.21 16.81 8.59 -10.59 -0.93 2.92 8.98 30.62
2019 7.14 -1.41 -3.59 -6.70 -1.37 5.72 3.17 5.28 -10.82 -7.14 -0.42 10.72 -1.74
2018 -5.88 -9.37 -9.55 7.84 0.49 0.51 -4.75 -5.04 -1.14 -9.35 -11.93 -4.52 -42.71
2017 4.59 0.14 0.54 -5.68 -0.83 -4.28 -1.19 1.26 4.28 10.16 6.25 7.19 23.42
2016 4.76 9.77 9.08 18.80 0.37 10.07 9.51 0.90 6.70 -4.55 -0.90 3.43 89.89
2015 5.56 2.24 -4.25 4.93 0.11 -2.57 -10.23 -1.25 -8.54 5.89 -3.28 -0.79 -12.86
2014 3.37 5.91 1.52 6.54 -3.13 13.33 -4.17 2.53 -12.65 -16.10 -4.12 -0.07 -10.31
2013 -2.15 -4.75 -1.08 -4.17 -0.56 -5.00 2.50 0.67 -1.52 1.74 -1.49 3.23 -12.25
2012 7.30 -2.47 -12.38 -6.44 -9.49 -5.92 3.50 6.90 11.83 -3.54 -10.85 -0.42 -22.60
2011 4.09 -1.14 -7.92 -5.25

Growth of $10,000 Invested

As at 9/30/2024 (Series F) NPP864

Risk Tolerance

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

Portfolio

As at 9/30/2024

Sector Allocation

Sector Allocation
Sector Weight %
Energy 56.72
Materials 43.10
Cash and Cash Equivalents 0.18

Geographic Allocation

Geographic Allocation
Sector Weight %
Canada 99.81
United States 0.01

Top Ten Holdings

Issuer Name
Advantage Energy Ltd
Asante Gold Corp
Birchcliff Energy Ltd
Collective Mining Ltd
K92 Mining Inc
Logan Energy Corp
Nexgen Energy Ltd
Spartan Delta Corp
Thesis Gold Inc
Tourmaline Oil Corp

Statistical Analysis

As at 9/30/2024 (Series F) NPP864
Statistics Fund
Cumulative Return -5.10%
Sharpe Ratio -0.15
Standard Deviation 27.07%
Total Positive Months 77
Total Down Months 78
Growth of 10K $9,490.25

Facts, Fees & Fund Codes

Facts
Facts
Fund Type
Resource Sector
Inception Date
October 17, 2011
Registered Tax Plan Status
Eligible
Distributions
Annually
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 NPP860
Series D NPP863
Series F NPP864

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 9/30/2024. Top ten holdings, sector allocation and geographic allocation as at 9/30/2024. 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: 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 9/30/2024 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.

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