The Ninepoint Credit Income Opportunities Fund maintains a process driven approach to investing with a meticulous focus on credit analysis, valuations, security selection, sector diversification and liquidity. Interest and dividend income are generated through an overlay strategy consisting of a core portfolio of laddered securities, in conjunction with an interest rate protected portfolio of securities. We target the best opportunity within a company’s capital structure – investment grade bonds, high yield, loans, convertible bonds, preferred shares or equities. We emphasize risk management throughout the investing cycle – capital preservation is of paramount importance to us. Our fund does not replicate an index, our goal is to consistently generate positive results.
|MTD†||YTD %†||1 YR %||3 YR %||5 YR %||10 YR %||Inception %††|
|Canadian Imperial Bank Of Commerce 4.375% 10/28/2080|
|Enbridge Inc 6% 01/15/2077|
|Fairfax Financial Holdings Ltd 4.625% 04/29/2030|
|Ford Credit Canada Co 3.5% 11/30/2023|
|Laurentian Bank Of Canada 4.25% 06/22/2027|
|Teck Resources Ltd 3.9% 07/15/2030|
|Transcanada Pipelines Ltd 7.9% 04/15/2027|
|Transcontinental Inc. 2.28% 07/13/2026|
|Wells Fargo & Company 2.493% 02/18/2027|
|Westcoast Energy Inc. 7.15% 03/20/2031|
Listen as Ninepoint's Mark Wisniewski, Partner and Senior Portfolio Manager, provides an update on the ever changing investment environment, the positive prospects for credit, and how his funds are positioned to take advantage of this evolving landscape.
April 7, 2020
|Series A 1||NPP506|
1 Closed to new buys
|Fund Type||Alternative Fixed Income|
|Inception Date||Series A: Jan 2013
Series F: June 2015
|Registered Tax Plan Status||Eligible|
|Management Fee||Class B: 1.75%
Class F: 1.00%
|Performance Fee||15% (on returns above high water mark)|
|Minimum Initial Investment||$5,000 accredited4
|Minimum Subsequent Investment||$5,000|
|Redemptions||Monthly (30 days notice)|
|Risk Tolerance||Low to Medium|
1 All Ninepoint Diversified Bond Fund/Class returns and fund details are a) based on Series F units; b) net of fees; c) annualized if period is greater than one year; d) as at August 31, 2021 1 All Ninepoint Credit Income Opportunities Fund returns and fund details are a) based on Class F units (closed to subscriptions); b) net of fees; c) annualized if period is greater than one year; d) as at August 31, 2021.
The Risks associated worth investing in a Fund depend on the securities and assets in which the Funds invests, based upon the Fund's particular objectives. There is no assurance that any Fund will achieve its investment objective, and its net asset value, yield and investment return will fluctuate from time to time with market conditions. There is no guarantee that the full amount of your original investment in a Fund will be returned to you. The Funds are not insured by the Canada Deposit Insurance Corporation or any other government deposit insurer. Please read a Fund's prospectus or offering memorandum before investing.
Ninepoint Credit Income Opportunities Fund is offered on a private placement basis pursuant to an offering memorandum and are only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the Funds, including their investment objective and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing in the Funds. Performance data represents past performance of the Fund and is not indicative of future performance. Data based on performance history of less than five years may not give prospective investors enough information to base investment decisions on. Please contact your own personal advisor on your particular circumstance. This communication does not constitute an offer to sell or solicitation to purchase securities of the Fund.
Ninepoint Partners LP is the investment manager to the Ninepoint Funds (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), other charges and expenses all may be associated with mutual fund investments. Please read the prospectus carefully before investing. The indicated rate of return for series F units of the Fund for the period ended August 31, 2021 is based on the historical annual compounded total return including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 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 opinions, estimates and projections (“information”) contained within this report are solely those of Ninepoint Partners LP and are subject to change without notice. Ninepoint Partners makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, Ninepoint Partners assumes no responsibility for any losses or damages, whether direct or indirect, which arise out of the use of this information. Ninepoint Partners is not under any obligation to update or keep current the information contained herein. The information should not be regarded by recipients as a substitute for the exercise of their own judgment. Please contact your own personal advisor on your particular circumstances. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by Ninepoint Partners LP. Any reference to a particular company is for illustrative purposes only and should not to be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by Ninepoint Partners LP is or will be invested. Ninepoint Partners LP and/or its affiliates may collectively beneficially own/control 1% or more of any class of the equity securities of the issuers mentioned in this report. Ninepoint Partners LP and/or its affiliates may hold short position in any class of the equity securities of the issuers mentioned in this report. During the preceding 12 months, Ninepoint Partners LP and/or its affiliates may have received remuneration other than normal course investment advisory or trade execution services from the issuers mentioned in this report.
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