Ninepoint Gold Bullion Fund - Series F

Ninepoint Gold Bullion Fund

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NPP226
Ninepoint Gold Bullion Fund

Overview

Gold bullion may assist in protecting a portfolio from currency devaluation and inflation. Gold has been used throughout human history as a store of monetary value, and as such enjoys investment demand for its monetary utility. Gold’s unique qualities also make it considerably useful in a large number of industrial applications, thus making it one of the few monetary metals that also enjoy a commodity driven demand profile.

  • Increasing instability in the U.S. dollar

    Increasing instability in the U.S. dollar

  • Increasing investment demand for physical gold

    Increasing investment demand for physical gold

  • Significant short positions

    Significant short positions

  • Limited physical supply

    Limited physical supply

Fund Objective

The Fund seeks to provide a secure, convenient alternative for investors seeking to hold gold. The Fund will invest primarily in unencumbered, fully allocated gold bullion and permitted gold certificates, the underlying interest of which is gold. The Fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills.

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...
    View Full Bio

Performance

Compound Returns

As at 10/31/2024 (Series F) NPP226
MTD % YTD % 1Y % 3Y % 5Y % 10Y % Inception %†
-0.64
As at 11/22/2024 		38.70 37.64 18.99 12.90 10.18 7.08
†Inception Date: March 18, 2009

Monthly Returns (%)

As at 10/31/2024 (Series F) NPP226
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024 0.23 1.12 8.80 4.13 0.74 0.27 6.06 -0.23 5.51 7.11 38.70
2023 3.79 -2.89 6.67 1.24 -1.24 -4.62 1.84 1.10 -4.27 9.50 0.37 -1.13 9.79
2022 -1.34 5.85 0.00 0.55 -4.75 0.02 -2.84 -0.70 2.01 -3.05 6.80 3.74 5.76
2021 -2.30 -6.65 -2.86 1.23 5.74 -4.70 3.08 1.02 -2.80 -0.89 2.64 1.93 -5.16
2020 6.62 1.13 4.38 5.62 1.39 1.42 9.33 -3.11 -2.21 -0.38 -7.84 4.62 21.62
2019 -0.91 -0.48 -0.18 -0.48 2.52 4.45 1.01 8.34 -3.67 2.04 -3.77 2.60 11.39
2018 0.98 2.16 0.87 -1.20 -0.37 -2.21 -3.44 -1.62 -1.79 3.68 1.41 7.72 5.84
2017 1.73 5.13 0.15 4.14 -1.07 -6.16 -1.80 4.18 -3.28 2.58 0.25 -0.52 4.82
2016 6.60 6.89 -4.56 1.24 -1.85 7.14 3.31 -2.74 0.44 -0.82 -8.05 -1.86 4.58
2015 18.50 -7.11 -1.22 -4.79 3.54 -1.17 -2.21 4.08 -0.41 0.28 -4.86 3.24 5.76
2014 8.22 5.90 -3.39 -0.36 -4.37 4.41 -1.32 0.05 -3.45 -2.33 0.87 2.97 6.53
2013 -0.33 -1.88 -0.53 -8.37 -3.38 -9.80 4.74 7.86 -6.89 0.73 -3.56 -3.87 -23.69
2012 9.28 -3.65 -0.98 -1.25 -2.06 0.83 -0.50 2.95 4.37 -1.40 -0.96 -2.40 3.59
2011 -5.85 2.66 1.22 6.45 0.51 -2.81 7.37 14.84 -4.79 0.34 4.18 -10.66 11.54
2010 0.20 1.70 -3.92 5.89 5.72 4.07 -8.20 9.50 1.16 2.95 2.54 -0.53 21.77
2009 1.33 -8.40 0.83 0.68 -4.67 1.15 3.48 4.74 10.03 -7.45 0.30

Growth of $10,000 Invested

As at 10/31/2024 (Series F) NPP226

Risk Tolerance

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

Portfolio

As at 10/31/2024

Sector Allocation

Sector Weight %
Gold Bullion 98.98
Cash and Cash Equivalents 1.02

Geographic Allocation

Sector Weight %
United States 98.98

Top Ten Holdings

Issuer Name
Gold Bullion

Statistical Analysis

As at 10/31/2024 (Series F) NPP226
Statistics Fund
Cumulative Return 191.27%
Sharpe Ratio 0.22
Standard Deviation 15.58%
Total Positive Months 103
Total Down Months 84
Growth of 10K $29,127.05

Facts, Fees & Fund Codes

Facts
Fund Type
Precious Metals Fund
Inception Date
March 17, 2009
Registered Tax Plan Status
Eligible
Distributions
Annually
Performance Fee
-
Minimum Initial Investment
$500 
Minimum Subsequent Investment
$25 
Minimum Investment Term
20 days (1% penalty)
Redemptions
Daily
Valuations
Daily
Fees
Management Fee
Series A: 0.80%
Series D: 0.50%
Series F: 0.50%
Fund Codes
Series A NPP216
Series D NPP1009
Series F NPP226
Series A $USD NPP228
Series F $USD NPP229

Documents

All Funds
  • NPP300
    (Series F)
    Mutual Funds Sector Equity
    $72.28 $0.43 (0.60%)
    As at 11/22/2024
    Growth of $10,000 Invested as at 10/31/2024
    Performance as at 10/31/2024
    1 Year
    56.00%
    3 Year
    6.77%
    5 Year
    12.34%
    10 Year
    11.85%
    Incept.1
    4.36%
    1 Inception Date 10/12/2004
    Go To Fund

    All returns and fund details are a) based on Series F shares; b) net of fees; c) annualized if period is greater than one year; d) as at 10/31/2024. Top ten holdings, sector allocation and geographic allocation as at 10/31/2024. 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 rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.

    The Fund is generally exposed to the following risks: Borrowing risk; Commodity risk; Concentration risk; Currency risk; Cybersecurity risk; Derivatives risk; Exchange traded funds risk; Foreign investment risk; Inflation risk; Leverage risk; Liquidity risk; Market risk; Performance fee risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Short selling risk; Small capitalization natural resource company risk; Specific issuer risk; Sub-adviser 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 F units of the Funds for the period ended 10/31/2024 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

  • NPP326
    (Series F)
    Mutual Funds Bullion
    $9.21 $0.17 (1.87%)
    As at 11/22/2024
    Growth of $10,000 Invested as at 10/31/2024
    Performance as at 10/31/2024
    1 Year
    41.52%
    3 Year
    13.77%
    5 Year
    12.05%
    10 Year
    7.64%
    Incept.1
    -0.33%
    1 Inception Date 5/9/2011
    Go To Fund

    All returns and fund details are a) based on Series F shares; b) net of fees; c) annualized if period is greater than one year; d) as at 10/31/2024. Top ten holdings, sector allocation and geographic allocation as at 10/31/2024. 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 rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.

    The Fund is generally exposed to the following risks: Commodity risk; Concentration risk; Credit risk; Currency risk; Cybersecurity risk; Derivatives risk; Inflation risk; Interest rate risk; Market risk; Series risk; Sub-adviser risk; Substantial securityholder 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 F units of the Funds for the period ended 10/31/2024 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

  • NPP866
    (Series F)
    Mutual Funds Sector Equity
    $8.45 -$0.01 (-0.11%)
    As at 11/22/2024
    Growth of $10,000 Invested as at 10/31/2024
    Performance as at 10/31/2024
    1 Year
    59.80%
    3 Year
    -2.08%
    5 Year
    8.41%
    10 Year
    8.13%
    Incept.1
    -0.33%
    1 Inception Date 2/28/2012
    Go To Fund

    All returns and fund details are a) based on Series F shares; b) net of fees; c) annualized if period is greater than one year; d) as at 10/31/2024. Top ten holdings, sector allocation and geographic allocation as at 10/31/2024. 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 rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.

    The Fund is generally exposed to the following risks: Borrowing risk; Commodity risk; Concentration risk; Currency risk; Cybersecurity risk; Derivatives risk; Exchange traded funds risk; Foreign investment risk; Inflation risk; Liquidity risk; Market risk; Performance fee risk; Rule 144A and other exempted securities risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Short selling risk; Small capitalization natural resource company risk; Specific issuer risk; Sub-adviser risk; Substantial securityholder 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 F units of the Funds for the period ended 10/31/2024 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

All returns and fund details are a) based on Series F shares; b) net of fees; c) annualized if period is greater than one year; d) as at 10/31/2024. Top ten holdings, sector allocation and geographic allocation as at 10/31/2024. 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 rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or returns on investment in the investment fund.

The Fund is generally exposed to the following risks: Commodity risk; Concentration risk; Credit risk; Currency risk; Cybersecurity risk; Derivatives risk; Inflation risk; Interest rate risk; Market risk; Series risk; Sub-adviser 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 F units of the Funds for the period ended 10/31/2024 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