Ninepoint 2023 Flow-Through LP - Series F

Ninepoint 2023 Flow-Through LP

NNTUF.F

Overview

Expected to be 100% tax-deductible

Expected to be 100% tax-deductible against 2023 taxable income.
Full liquidity prior to Feb 28, 2025

Full liquidity prior to Feb 28, 2025. Tax-deferred rollover to a Ninepoint Resource Fund Class prior to February 28, 2025.
Additional 15% non-refundable federal tax credit

Additional 15% non-refundable federal tax credit for qualifying mining expenditures may be available to be applied against 2023 income.
Effectively converts income into capital gains

Effectively converts income into capital gains, allowing investors to take advantage of any capital loss carry-forwards.

Fund Objective

The Partnership’s investment objective is to achieve capital appreciation and significant tax benefits for Limited Partners by investing in a diversified portfolio of Flow-Through Shares and other securities, if any, of Resource Issuers whose principal business will be: (i) mining exploration, development, and/or production, (ii) certain energy production that may incur CRCE or, to a lesser extent, (iii) oil and gas exploration, development, and/or production. The Partnership will make investments in Resource Issuers across Canada

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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Performance

Compound Returns

As at 10/31/2024 (Series F) NNTUF.F

Compound Returns
MTD %	YTD %	1Y %	3Y %	5Y %	10Y %	Inception %^†
- As at 11/20/2024	-11.73	4.47	-	-	-	-23.05

^†Inception Date: February 14, 2023

Risk Tolerance

Low
Low - Med
Medium
Med - High
High

Facts, Fees & Fund Codes

Facts
Facts
Issue Price	$25.00 per Unit
Minimum Subscription	$2,500 (100 Units)
Performance Bonus	20% of amount that Net Asset Value per unit exceeds $26.50 (Class A), $27.48 (Class F)
CUSIP	Class A: 65444E106 Class F: 65444E205

Fees
Fees
Management Fee	2.0%

Fund Codes
Fund Codes
Series A ^*	NNTUF.A
Series F ^*	NNTUF.F
*Fund codes are for pricing only as units are not traded on the exchange.

Flow-Through Share Tax Savings Calculator

Use the calculator to estimate tax savings that could be realized with a Flow-Through investment.

One of the few remaining advanced tax planning strategies in Canada

Much like RRSPs, Flow-Through share investing allows the investor to deduct 100% of the investment against personal income in the year of investment. On termination of the Flow-Through LP, the investment is rolled into a designated mutual fund corporation. The investor may now sell the fund, where their taxable capital gain is limited to 50% of the proceeds.

An excellent wealth planning tool

In combination with the tax deferral achieved by the roll-over into a mutual fund corporation, an investor may also take advantage of any capital loss carry-forwards they have, which can be used to offset their capital gains.

Additional tax credits may apply

Depending on your province of residency, additional tax credits may be available that are not included in the calculator below.

Please be sure to consult with your Financial Advisor to determine if this type of investment is suitable for your objectives.

Your Gross Income (Investment year) ($)

Include all income including taxable capital gains.

Your Flow-Through Investment Amount ($)

For the purposes of this calculator, the flow-through investment amount is capped at $250,000.

Your Province

Your Capital Loss Carry Forward (if any) ($)

NAV at Redemption ($)

This calculation tool is of a general nature only and is not intended to be, nor should it be construed to be, legal or tax advice to any particular investor, and no representations with respect to the tax consequences to any particular investor are made. There are many aspects of federal and income tax laws which may be relevant to any potential investor. Accordingly, each prospective investor should obtain independent advice from a tax advisor who is knowledgeable in the area of income tax law regarding the income tax considerations applicable to investing in flow-through funds based on the investor’s own particular circumstances.

The tax calculator is updated yearly, once the federal government releases new tax rates. The calculator currently utilizes 2024 tax rates.

Documents

Ninepoint Partners LP is the investment manager to a number of funds (collectively, the “Funds”). Important information about these Funds, including their investment objectives and strategies, purchase options, and applicable management fees, performance fees (if any), and expenses, is contained in their prospectus. Please read the prospectus carefully before investing.There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment 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 Fund is generally exposed to the following risks. See the prospectus of the Fund for a description of these risks: Speculative Investments; Sector Risks; Lack of Operating History of the Partnership; Changes in Net Asset Values; Valuation and Liquidity of Non-Listed Resource Issuers; Global Economic Downturn; Tax Related Risks; Lack of Liquidity of Units; Flow-Through Share Premiums; Reliance on the Manager and/or Sub-Advisor; Conflicts of Interest; Possibility that Limited Partners may Receive Illiquid Securities on Dissolution; Financial Resources of the General Partner; Transferability of the Units; Resale Restrictions on Portfolio Securities; Short Sales; Derivatives; Lack of Suitable Investments; Cybersecurity Risk; Possible Loss of Limited Liability; Loan Facility.

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 income tax considerations applicable to an investor will vary depending on a number of factors, including whether units of flow-through funds are characterized as capital property, the province or territory in which he or she resides, carries on business, or has a permanent establishment, the amount that would be his or her taxable income but for the interest in the flow-through fund, and the legal characterization of the investor as an individual, corporation, trust, or partnership.

Ninepoint Partners LP assumes no responsibility for any losses or damages, whether direct or indirect, which arise out of the use of this information. The information should not be regarded by recipients as a substitute for the exercise of their own judgment or for the advice of legal and tax advisors.