TORONTO, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Ninepoint Partners LP has announced the launch of the Sprott International Small Cap Fund and the Sprott Concentrated Canadian Equity Fund.
Both funds complement Ninepoint Partners’ diversified offerings for investors and will be available for purchase at the beginning of March.
Sprott International Small-Cap Fund
Dedicated to diligent research and risk management practices, identifying industries and companies with secular growth themes, and long-term growth potential not yet recognized by the market, the Sprott International Small Cap Fund will invest in a diverse range of sectors and industry groups across the globe, limiting currency and industry specific risks.
The fund will be sub-advised by Global Alpha Capital Management, an affiliate of Connor, Clark and Lunn Financial Group. Global Alpha’s Robert Beauregard and his team members have extensive experience focusing on global small-cap investment opportunities.
“We’re excited to partner with the CCL/Global Alpha team and with Robert, who has a long history of managing institutional capital,” says Ninepoint Partners’ Managing Partner James Fox. “This will be one of a few funds in Canada that offer investors true exposure to non-North American small cap equities managed by a team that has provided significant alpha in running this strategy.”
“We believe strongly in building diversified portfolios focused on long-term growth,” says Robert Beauregard, Global Alpha’s Chief Investment Officer. “This strategy has been running for approximately ten years with institutional capital and has performed well. We’re excited to see it continue to perform and to work with the Ninepoint team to achieve our investment goals.”
With a target portfolio composed of 50-70 stocks spread out over a minimum of nine GIC-classified sectors and 18 industry groups, no single industry will account for more than 10% of the fund.
At the same time, the Sprott International Small Cap Fund will continue Global Alpha’s commitment of actively integrating environmental, social and governance (ESG) factors into its investment approach – with a particular focus of incorporating the environment, human rights and governance in its investment decisions. Global Alpha’s approach to ESG includes a combination of quality screening, investment themes selection and fundamental analysis – all of which the Sprott International Small Cap Fund will be subject to.
Sprott Concentrated Canadian Equity Fund
The Sprott Concentrated Canadian Equity Fund will focus on a concentrated portfolio of select Canadian companies and will be sub-advised by Toronto-based Scheer, Rowlett & Associates, an affiliate of Connor, Clark and Lunn Financial Group.
The fund will work to uncover value by utilizing a comprehensive investment process that includes value screens, discount verification, profit sustainability analysis and security valuation.
“We’re excited to partner with Scheer, Rowlett & Associates to launch this new fund,” says Ninepoint Partners’ Managing Partner John Wilson. “They have an experienced and stable investment team with over 20 years of experience managing Canadian equity funds.”
“At Scheer Rowlett we believe that good value never goes out of style. Our team is committed to building strong and consistent returns while using a fundamental, bottom-up value-oriented approach,” says Lloyd Rowlett, President and Lead Portfolio Manager. “We look forward to working with the Ninepoint team.”
The fund will consist of a concentrated portfolio that goes through a continuous screening and optimization process. Positions that don’t meet a minimum return threshold (relative to their fair value) will be excluded from the fund.
About Ninepoint Partners
Ninepoint Partners LP is an independent, expert active manager of specialty investment solutions, committed to helping investors explore innovative ways to add value to their portfolios, and advisors to differentiate their businesses with unique investment solutions. Based in Toronto, Ninepoint Partners has assumed portfolio management of the Canadian diversified assets of Sprott Asset Management LP, including actively managed hedge and mutual funds. The new firm oversees approximately $3 billion in assets under management.
Please visit www.ninepoint.com to learn more.
About Global Alpha
Global Alpha Capital Management Ltd. is an investment management firm specializing in global and international small cap equities. Founded in 2008, the Montreal-based firm manages over $1.3 billion in assets for institutional and high net worth clients.
Please visit https://www.cclgroup.com/globalalpha/en to learn more.
About Scheer, Rowlett & Associates
Scheer Rowlett is is an investment management firm specializing in value-oriented Canadian equity and balanced portfolios. Founded in 1990, the firm oversees approximately $2.8 billion in assets for pension plans, mutual funds, corporations, institutional, endowments, foundations and high net worth investors.
Please visit https://www.cclgroup.com/scheerrowlett/en/home/who-we-are to learn more.
Both Global Alpha and Scheer Rowlett are part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management firm whose affiliates collectively manage approximately $74 billion in assets.
Goldman Communications Inc.
Ninepoint Partners LP