Ninepoint Capital Appreciation Fund - Series S

Ninepoint Capital Appreciation Fund

NPP1032

Overview

Multi-Strategy Diversification

A balanced fund that blends distinctive alternative equity and fixed income strategies. The Fund is strategically constructed and tactically managed to help navigate market ups and downs and protect against inflation while growing investors’ capital.

  • One-ticket diversification

    One-ticket diversification

    A convenient way to incorporate tactically managed alternative strategies into your portfolio, in a single balanced solution.

  • Inflation protection

    Inflation protection

    A unique mix of real asset equities, precious metals, alternative fixed income and FX strategies helps hedge against inflation risk.

  • True Sector Expertise

    True Sector Expertise

    Diversified Fund of Funds structure draws on sector expertise from Ninepoint Portfolio Managers as well as our sub-advisor partners.

Fund Objective

The investment objective of the Ninepoint Capital Appreciation Fund is to seek to provide unitholders with long-term growth and capital preservation using a balanced investment approach. The Fund will primarily invest, both directly and indirectly, in a mix of equity and fixed income securities and mutual funds.

Investment Team

  • John Wilson, MBA
    Co-CEO, Managing Partner, Senior Portfolio Manager
    John Wilson, MBA
    Co-CEO, Managing Partner, Senior Portfolio Manager
    John Wilson is a founding principal, Co-CEO and Managing Partner of Ninepoint Partners. John oversees all aspects of the firm’s investment and research initiatives. Prior to Ninepoint’s formation, he was CEO, CO-CIO and Senior Portfolio Manager at Sprott Asset Management (SAM). Previous to SAM, he was Chief Investment Officer at Cumberland Private Wealth Management, founder and CEO of DDX Capital Partners, an alternative investment management firm; was Managing Director at RBC Capital Markets...
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  • Jeff Sayer, MBA, CFA
    Vice President, Portfolio Manager
    Jeff Sayer, MBA, CFA
    Vice President, Portfolio Manager
    Jeffrey Sayer is Vice President, Portfolio Manager at Ninepoint Partners. Jeff oversees Global Equity, Infrastructure, and Real Estate investment strategies for the firm. Prior to Ninepoint’s formation, Jeff was with Sprott Asset Management (SAM), rounding out more than 20 years of investment management experience.  Jeff received his MBA from the Schulich School of Business at York University and was awarded his CFA designation in 2004.
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  • Robert McCallum, CFA, CIM, MFin.
    Director of Portfolio Consulting, Associate Portfolio Manager
    Robert McCallum, CFA, CIM, MFin.
    Director of Portfolio Consulting, Associate Portfolio Manager
    As the Director of Ninepoint Portfolio Consulting, Robert leads the PRISM program. Prior to Ninepoint, Robert was Vice President at BlackRock Inc. and led the Portfolio Consulting team efforts in Canada. The team was based out of San Francisco/New York, where they worked with some of the most sophisticated institutional clients in the world. Prior to BlackRock, Robert worked on Private Equity at Constellation Software (CSU), and RPIA, a boutique Credit Hedge Fund in Toronto. Robbie is a CFA C...
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Risk Tolerance

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

Portfolio

As at 5/31/2024

Sector Allocation

Sector Weight %
Mutual Funds / Unit Investment Trust 85.32
Cash and Cash Equivalents 12.20
Financials 2.48

Geographic Allocation

Sector Weight %
Canada 87.80

Top Ten Holdings

Issuer Name
Canadian Large Cap Leaders Split Corp
Ninepoint Alternative Credit Opportunities Fund
Ninepoint Diversified Bond Fund
Ninepoint Energy Fund
Ninepoint Focused Global Dividend Fund
Ninepoint Fx Strategy Fund
Ninepoint Global Infrastructure Fund
Ninepoint Global Real Estate Fund
Ninepoint Gold Bullion Fund
Ninepoint Target Income Fund

Facts, Fees & Fund Codes

Facts
Fund Type
Tactical Balanced
Inception Date
March 6, 2024
Registered Tax Plan Status
Eligible
Distributions
5% NAV/unit per annum paid monthly††
Performance Fee
-
Minimum Initial Investment
$500
Minimum Subsequent Investment
$25
Minimum Investment Term
20 days (1.5% penalty)
Redemptions
Daily
Valuations
Daily
††Series A, S, F, SF, P, PF, Q, QF, D
Fees
Management Fee
Series A: 1.95%
Series D: 0.95%
Series F: 0.95%
Series P: 1.85%
Series PF: 0.85%
Series Q: 1.75%
Series QF: 0.75%
Series S: 1.65%
Series SF: 0.65%
Fund Codes
Series A NPP1028
Series D NPP1030
Series F NPP1029
Series P NPP1034
Series PF NPP1035
Series Q NPP1036
Series QF NPP1037
Series S NPP1032
Series SF NPP1033

Documents

Top ten holdings, sector allocation and geographic allocation as at 4/30/2024. 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 monthly distribution amount may be adjusted by the Manager without notice throughout the year as market conditions change. Monthly distributions will be comprised of net income, net realized capital gains and/or return of capital. Any net income and/or net realized capital gains earned by the Fund in excess of the monthly distribution will be distributed to unitholders annually in December.

The Ninepoint Capital Appreciation Fund is generally exposed to the following risks. See the simplified prospectus of the Fund for a description of these risks: Borrowing risk; Capital depletion risk; Collateral risk; Commodity risk; Concentration risk; Credit risk; Currency risk; Cybersecurity risk; Derivatives Risk; Emerging markets risk; Energy risk; Equity real estate investment trust (REIT) securities risk; Exchange traded funds risk; Foreign investment risk; Income trust risk; Inflation risk; Interest rate risk; Leverage risk; Liquidity risk; Market risk; Performance fee risk; Real estate risk; Regulatory risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Short selling risk; Small company risk; Specific issuer risk; Sub-adviser risk; Substantial unitholder 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 S units of the Funds for the period ended 4/30/2024 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