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Alternative Other

NAVPS
(04-11-2024)
$11.11
Change
-$0.06 (-0.53%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Ninepoint FX Strategy Fund Series A units

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Fund Returns

Inception Return (April 09, 2020): 2.40%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.84% 7.08% 1.79% 12.26% 13.04% 13.44% 11.51% - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 6.28% 72.67% 72.67% 36.55% 61.59% 12.75% 7.53% 10.88% 9.34% 7.62% 6.74% 7.15% 5.84% 5.73%
Category Rank 79 / 90 64 / 90 67 / 88 64 / 90 64 / 79 30 / 73 3 / 15 - - - - - - -
Quartile Ranking 4 3 4 3 4 2 1 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.58% 6.92% -3.02% -2.51% 6.57% 5.56% 1.79% -8.52% -5.46% 7.08% 3.97% 0.84%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

14.42% (April 2022)

Worst Monthly Return Since Inception

-10.25% (November 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 11.86% 13.74% 1.41%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 1 4
Category Rank - - - - - - - - 3/ 65 64/ 79

Best Calendar Return (Last 10 years)

13.74% (2022)

Worst Calendar Return (Last 10 years)

1.41% (2023)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.59
Europe 0.72
Asia 0.54
Other 3.15

Top Holdings

Top Holdings
Name Percent
Canadian Dollar 58.99
Canadian Dollar - Margin 36.18
EURO FX CURR FUT 1.64
AUDUSD Crncy Fut 1.40
CHF CURRENCY FUT 0.72
JPN YEN CURR FUT 0.49
United States Dollar 0.35
BP CURRENCY FUT 0.11
NEW ZEALAND $ FUT 0.05
USD/NOK Future 0.04

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Ninepoint FX Strategy Fund Series A units

Median

Other - Alternative Other

3 Yr Annualized

Standard Deviation 19.86% - -
Beta -0.96% - -
Alpha 0.22% - -
Rsquared 0.41% - -
Sharpe 0.51% - -
Sortino 0.82% - -
Treynor -0.11% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 17.91% 19.86% - -
Beta -1.13% -0.96% - -
Alpha 0.29% 0.22% - -
Rsquared 0.65% 0.41% - -
Sharpe 0.51% 0.51% - -
Sortino 0.95% 0.82% - -
Treynor -0.08% -0.11% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date April 09, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
NPP700

Investment Objectives

The investment objective of Ninepoint FX Strategy Fund is to generate long term total returns by investing globally in FX futures on a long/short basis. To achieve the investment objective, the Sub-Adviser will utilize several investment trading methodologies collectively know as the “FX Strategy”, at the standard level of risk to invest in foreign currency futures utilizing a Bayesian statistical model to identify current drivers of currency returns.

Investment Strategy

The Sub-Adviser shall be permitted to have exposures to the U.S. Dollar, Australian Dollar, Euro, British Pound, Japanese Yen, Canadian Dollar, Swiss Franc, Norwegian Krone, New Zealand Dollar, Swedish Krona, Brazilian Real, Mexican Peso and such other currencies as may be agreed in writing by the Manager and the Sub-Adviser. The Fund may also invest a portion of its assets in cash, money market instruments and/or treasury bills.

Portfolio Manager(s)

Name Start Date
P/E Global LLC 11-08-2019

Management and Organization

Fund Manager Ninepoint Partners LP
Advisor P/E Global LLC
Custodian CIBC Mellon Trust Company
Registrar -
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER -
Management Fee 2.05%
Load Front Fee Only
FE Max -
DSC Max -
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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