Ninepoint Web3 Innovators Fund - Series ETF

Ninepoint Web3 Innovators Fund

TKN
Ninepoint Web3 Innovators Fund

Overview

As the Internet enters a new era, Web3 is poised to become an integral technology for business that may open new markets, enable new capabilities and transform business models. The companies that harness this technology and its native asset class will drive this next era of digital disruption.

  • Web3 Focused

    Web3 Focused

    A convenient way to gain diversified exposure to Web3 innovation and digital assets.

  • Exposure to Enterprise Adoption of Web3

    Exposure to Enterprise Adoption of Web3

    Invest in leading companies harnessing Web3 and related technologies to transform their industry or business.

  • Digital Asset Exposure, Including Bitcoin

    Digital Asset Exposure, Including Bitcoin

    Own Bitcoin indirectly via listed Canadian cryptocurrency ETFs, plus gain high exposure to Bitcoin from publicly listed companies operating entirely in the digital asset world.

  • Experienced Alternative Asset Manager

    Experienced Alternative Asset Manager

    Benefit from Ninepoint's long and successful track record of launching exchange-traded investment products that provide investors with exposure to novel or emerging asset classes and industries.

Fund Objective

Ninepoint Web3 Innovators Fund’s investment objectives are to seek to provide holders of ETF Units (“Unitholders”) with capital appreciation by investing in a diversified portfolio comprised primarily of equity and equity-related securities of companies that give investors exposure to emerging technologies such as Web3, the blockchain and digital asset-enabled internet (“Web3”).

Investment Team

  • Alex Tapscott, CFA
    Managing Director, Digital Asset Group, Portfolio Manager
    Alex Tapscott, CFA
    Managing Director, Digital Asset Group, Portfolio Manager
    Mr Tapscott is an entrepreneur, business author, and seasoned capital markets professional focused on the impact of emerging technologies, such as blockchain and cryptocurrencies, on business, government, and society. His latest book, Web3: Charting the Internet’s Next Economic and Cultural Frontier (Harper Collins), was published September 19th, 2023. Alex is also the Managing Director of the Digital Assets Group at Ninepoint Partners, one of Canada’s leading investment firms, with more than...
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  • Jake Moodie
    Analyst, Digital Asset Group
    Jake Moodie
    Analyst, Digital Asset Group
    Jake Moodie is an Analyst of the Digital Asset Group at Ninepoint Partners, originally joining the firm in December 2022. He reports directly to Alex Tapscott, helping with the Ninepoint Web3 Innovators Fund and all other Ninepoint Digital Asset Group initiatives. Jake graduated from the Smith School of Business at Queen’s University in 2023, obtaining a Bachelor of Commerce Degree (First Class Honours).
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Performance

Historical NAV

Compound Returns

As at 5/31/2024 (Series ETF) TKN
MTD % YTD % 1Y % 3Y % 5Y % 10Y % Inception %†
-0.08
As at 6/28/2024 		29.61 74.15 12.79 - - 13.10
†Inception Date: January 27, 2021

Risk Tolerance

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

Portfolio

As at 5/31/2024

Sector Allocation

Sector Weight %
Financials 39.49
Crypto ETF's 29.54
Information Technology 22.23
Consumer Discretionary 4.39
Cash and Cash Equivalents 2.92
Communication 1.43

Geographic Allocation

Sector Weight %
United States 53.98
Canada 43.10

Top Ten Holdings

Issuer Name
Advanced Micro Devices Inc
Block Inc
Ci Galaxy Bitcoin Etf
Ci Galaxy Ethereum Etf (Usd)
Coinbase Global Inc
Galaxy Digital Holdings Ltd
Mastercard Inc
Microsoft Corporation
Nvidia Corporation
Paypal Holdings Inc

Statistical Analysis

As at 5/31/2024 (Series ETF) TKN
Statistics Fund
Cumulative Return 50.96%
Growth of 10K $15,096.00
Sharpe Ratio 0.16
Standard Deviation 62.78%
Total Down Months 18
Total Positive Months 22

Facts, Fees & Fund Codes

Facts
Fund Type
Digital Assets
Inception Date
January 26, 2021
Registered Tax Plan Status
Eligible
Distributions
-
Performance Fee 
-
Minimum Initial Investment
-
Minimum Subsequent Investment
-
Minimum Investment Term
-
Redemptions
Daily
Valuations
Daily
CUSIP
TKN/TKN.U: 65445B101 (TSX)
Fees
Management Fee 
Series ETF: 0.70%
Ticker & Fund Codes
Series ETF * TKN
Series ETF $USD * TKN.U
*Exchange: Toronto Stock Exchange (TSX)

Education

Investing in Web3 - Part 1
Investing in Web3 - Part 2

Documents

Related Alt Thinking

View All
  • Episode 2: What is Web3? - Web3 Explained
    Video - Web3 Explained
    September 4, 2023
    Episode Two: What is Web3?
    Web3 Explained - The Web and, with it, the Internet are entering a new era known as Web3. Web1, which we now think of as the “Dot Com era,” gave us a new way to…
    Web3
  • Episode 3: What went wrong in Web2? - Web3 Explained
    Video - Web3 Explained
    September 4, 2023
    Episode Three: What went wrong in Web2?
    Web3 Explained - A sober analysis of Web2 innovators gives us a mixed report card. On the one hand, the Web’s second era, which ran from around 2002 to the present, created tremendous economic value…
    Web3
  • Episode 4: Four Principles for a Better Web - Web3 Explained
    Video - Web3 Explained
    September 4, 2023
    Episode Four: Four Principles for a Better Web
    Web3 Explained - Web3 solves Web2’s shortcomings in several important ways: ownership, commerce, identity, and governance. Digital assets, or “tokens,” give Internet users an economic stake in their digital existence and enable property rights online,…
    Web3
View All

Effective May 31, 2023 the investment objective and name of Ninepoint Bitcoin ETF was changed to Ninepoint Web3 Innovators Fund. The reported performance is for the Ninepoint Bitcoin ETF to May 31, 2023 and that of Ninepoint Web3 Innovators Fund after that date.

All returns and fund details are a) based on Series ETF shares; b) net of fees; c) annualized if period is greater than one year; d) as at 4/30/2024. 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 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: No Assurance in Achieving Investment Objectives; Loss of Investment; Active Management Risk; Concentration Risk; Asset Class Risk; Blockchain Risk; Cryptocurrency Risk; Disruptive Innovation Risk; Emerging Technologies Risk; Communication Services Companies Risk; Information Technology Companies Risk; Liquidity Risk; Equity Securities Risk; General Risks of Foreign Investments; Trading Price of ETF Units; Cease Trading of Securities Held by Ninepoint Web3 Innovators Fund Risk; Small Company Risk; Specific Issuer Risk; Trading Price of Underlying Funds Risk; Derivative Instrument Risk; Securities Lending Risk; Reliance on the Manager; Manager and Custodian Standard of Care; Potential Conflicts of Interest; Valuation of Ninepoint Web3 Innovators Fund; Currency Risk; U.S. Currency Exposure; Substantial Securityholder Risk; No Ownership Interest in the Portfolio; Changes in Legislation; Inflation Risk; Not a Trust Company; Cyber Security Risk; COVID-19 Outbreak; Tax Risks

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 ETF 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