The investment objective of the Fund is to seek to provide investors with exposure to alternative strategies that generate superior income and long term capital growth. The Fund’s investment strategy will be to mirror the performance of the credit-based products (the “Portfolio”) in the underlying Portfolio Funds.
Actively managed exposure to asset classes that are less correlated to the public markets and which produce alternative income streams. Strategies are managed tactically, allowing the Fund to respond to different market opportunities.
No Early Redemption Fees. Ideal solution for Discretionary Managers who may need to rebalance their models.
Monthly redemptions with 30 days notice. Greater flexibility for asset allocators.
An ideal product for Discretionary Managers looking for solid diversification, alternative income, and the flexibility to better manage their allocations.
Private debt is a loan-by-loan business. Ninepoint supplements fund-level oversight with an in-house Due Diligence & Oversight Team that has over 15 years of experience in corporate lending and loan origination with firms such as Wells Fargo, GE Capital, and The Carlyle Group. Loans in the underlying funds are proactively monitored and reported on monthly to ensure compliance with loan covenants and strategy mandate.
Supporting our Oversight Team is BlackRock’s Aladdin, widely regarded as one of the most sophisticated investment management platforms in the world. Aladdin provides state-of-the-art risk management tools for our Oversight Team.
In 2010, Ninepoint Partners was the first fund manager in Canada to offer a Private Debt Fund for retail investors. The Preqin Global Private Debt Report states “manager experience with a fund strategy” should be the first consideration when selecting Private Debt funds.
|Fund Type||Open-ended unincorp. investment trust|
|Inception Date||August 31 2016|
|Distributions||Monthly, net income of the Fund††
Target 5.0% per annum paid monthly†††
|Registered Tax Plan Status||Eligible|
|Management Fee||Class A Units: 2.0%
Class F Units: 1.0
Class I Units: Fee determined by agreement between the Manager and Subscriber
|Performance Fee||Based on underlying Funds|
|Min. Initial Investment||$5,000 accredited
|Min. Subsequent Investment||$5,000|
|Redemptions||Monthly (30 days notice)|
†† Series A, F
††† Series FT, T