Ninepoint Risk Advantaged US Equity Index Fund - Series F

Ninepoint Risk Advantaged US Equity Index Fund

NPP656

Overview

Exposure to the S&P 500 Index.
An appropriate solution for a core equity holding.
Use of options, tactical cash allocation and loss limits to manage risk and volatility of the Index.
Portfolio manager with extensive experience managing money for high net worth clients.

On August 7, 2020, changes were made to the investment objectives and strategies of the Fund. Performance returns prior to this date do not reflect the current investment objectives and strategies.

Fund Objective

The Fund’s investment objective is to obtain exposure to the performance of the S&P 500 Index, or a successor or replacement index (the “Index”) and through the use of option strategies seek to moderate the volatility of that performance.

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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Colin Watson

Vice President, Portfolio Manager

Colin Watson

Vice President, Portfolio Manager

Colin Watson's background spans across equities, asset allocation & derivative-based strategies. Prior to Ninepoint Partners, Colin worked as a Portfolio Manager at IMCO on a team responsible for overseeing IMCO’s $26B public equity allocation and deploying derivatives-based strategies for IMCO’s public asset allocation strategy. Prior to IMCO, Colin worked at Ninepoint Partners on equity selection & options-based overlays. Colin holds a Bachelor of Commerce Degree from McMaster Unive...
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Performance

Compound Returns

As at 10/31/2024 (Series F) NPP656

Compound Returns
MTD %	YTD %	1Y %	3Y %	5Y %	10Y %	Inception %^†
2.22 As at 11/22/2024	13.78	17.54	8.36	7.22	3.69	4.74

^†Inception Date: May 24, 2012

Monthly Returns (%)

As at 10/31/2024 (Series F) NPP656

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2024	2.24	2.74	0.81	0.77	1.04	1.10	1.73	-1.07	1.10	2.60			13.78
2023	1.55	1.08	1.01	1.28	0.62	1.15	0.96	2.39	-1.52	0.95	3.41	-0.11	13.47
2022	-1.47	-1.86	0.20	-2.98	-0.78	-3.43	3.95	0.13	-0.35	2.47	1.30	-2.03	-5.00
2021	-0.26	0.90	0.87	-0.91	-1.25	3.55	1.29	2.03	-1.03	0.21	2.43	1.26	9.35
2020	-0.09	-4.16	-7.94	6.47	1.08	1.12	2.12	-0.15	1.09	-1.33	2.58	-0.73	-0.65
2019	7.09	2.04	-0.75	3.74	-5.42	0.82	1.49	-2.77	0.34	-0.98	4.45	1.81	11.86
2018	1.07	-2.48	-2.64	2.75	0.01	0.76	0.24	-0.49	-2.63	-5.63	-1.67	-7.55	-17.22
2017	-1.53	1.85	0.02	1.20	-0.20	-1.42	0.33	-0.45	2.16	0.85	3.28	1.27	7.51
2016	-3.14	-3.12	0.49	-1.35	3.38	-0.55	2.64	0.12	-0.55	-0.82	1.41	1.78	0.06
2015	3.06	2.73	0.83	-2.72	3.60	-0.40	1.19	-2.62	-0.57	0.07	0.45	-1.54	3.92
2014	-1.44	3.42	0.60	0.11	0.77	1.04	-0.76	1.28	-0.75	-2.64	3.43	0.70	5.73
2013	4.13	0.77	1.17	-0.26	2.38	0.54	1.99	0.07	0.42	1.39	1.53	1.53	16.76
2012					0.04	0.15	-0.16	0.72	0.99	0.49	0.87	1.34	4.51

Growth of $10,000 Invested

As at 10/31/2024 (Series F) NPP656

Risk Tolerance

Low
Low - Med
Medium
Med - High
High

Portfolio

As at 10/31/2024

Sector Allocation

Sector Allocation
Sector	Weight %
Index ETFs	101.19
Information Technology	1.96
Cash and Cash Equivalents	0.44
Index Options	-3.60

Geographic Allocation

Geographic Allocation
Sector	Weight %
United States	97.59
Canada	1.96

Top Ten Holdings

Issuer Name
Baanto International Ltd
Hootsuite Media Inc
Spdr S&P 500 Etf Trust

Statistical Analysis

As at 10/31/2024 (Series F) NPP656

Statistics	Fund
Cumulative Return	77.98%
Sharpe Ratio	0.15
Standard Deviation	7.60%
Total Positive Months	97
Total Down Months	52
Growth of 10K	$17,797.96

Facts, Fees & Fund Codes

Facts
Facts
Fund Type	U.S. Equity
Inception Date	Series A: April 17, 2012 Series F: May 24, 2012
Registered Tax Plan Status	Eligible
Distributions	Annually in December (if any)
Performance Fee	-
Minimum Initial Investment	$500
Minimum Subsequent Investment	$25

Minimum Investment Term	20 days (1.5% penalty)
Redemptions	Daily
Valuations	Daily

Fees
Fees
Management Fee	Series A: 1.80% Series D: 0.80% Series F: 0.80% Series PF: 0.70% Series QF: 0.60%

Fund Codes
Fund Codes
Series A	NPP655
Series D	NPP658
Series F	NPP656
Series PF	NPP540
Series QF	NPP557

Documents

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: Concentration risk; Currency risk; Cybersecurity risk; Derivatives risk; Exchange traded funds risk; Foreign investment risk; Index risk; Inflation risk; Interest rate risk; Market risk; Regulatory risk; Securities lending, repurchase and reverse repurchase transactions risk; Series risk; Short-selling risk; Tax risk; Tracking 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