Press Releases
April 25, 2019
Ninepoint Partners LP announces risk rating and incentive fee changes
TORONTO, April 24, 2019 – Ninepoint Partners LP (Ninepoint Partners) today announced the following changes.
Risk Rating Change
Effective April 17, 2019, the risk rating changed for certain funds. The Manager determines the risk rating for the funds in accordance with the methodology required by the Canadian securities regulators. As a result of its annual review of the investment risk level of the funds, the Manager has determined the risk ratings for the following funds changed as follows:
| Fund | Current Risk Rating | New Risk Rating |
|---|---|---|
| Ninepoint International Small Cap Fund | Medium to High | Medium |
| Ninepoint Concentrated Canadian Equity Fund | Medium | Low to Medium |
| Ninepoint Enhanced U.S. Equity Class | Low to Medium | Medium |
| Ninepoint Focused Global Dividend Class | Medium | Low to Medium |
| Ninepoint Global Real Estate Fund | Medium to High | Medium |
These changes will be reflected in the funds’ simplified prospectus and the applicable fund facts, which will be filed with Canadian securities regulators in connection with the funds’ 2019 annual renewal.
There are no changes to the investment objectives or strategies of these funds.
Removal of Incentive Fees
Effective April 26, 2019, the annual incentive fee payable by Ninepoint Enhanced Equity Class and Ninepoint Enhanced U.S. Equity Class to Ninepoint Partners upon the achievement of certain performance targets will be eliminated.
About Ninepoint Partners
Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $3 billion in assets under management. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including North American Equity, Global Equity, Real Assets & Alternative Income.
For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.