Join Fund Library now and get free access to personalized features to help you manage your investments.

Ninepoint Target Income Fund Series A

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(01-20-2025)
$9.65
Change
$0.00 (0.02%)

As at December 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2022-08-02 00:00:00 to 2024-12-31 00:00:00.
End of interactive chart.

Legend

Ninepoint Target Income Fund Series A

Compare Options


Fund Returns

Inception Return (August 02, 2022): 4.61%

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 0.09% 0.79% 1.66% 3.98% 3.98% 4.81% - - - - - - - -
Benchmark 0.14% 5.31% 11.04% 26.84% 26.84% 23.05% 9.77% 11.68% 11.98% 13.50% 11.17% 11.80% 11.05% 11.62%
Category Average -1.30% 2.76% 7.90% 20.13% 20.13% 17.58% 5.99% 8.46% 9.10% 10.84% 8.36% 9.08% 8.49% 8.54%
Category Rank 341 / 2,113 1,712 / 2,095 2,014 / 2,068 2,003 / 2,012 2,003 / 2,012 1,890 / 1,895 - - - - - - - -
Quartile Ranking 1 4 4 4 4 4 - - - - - - - -

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -1.8363 to 5.6394.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.42% 0.47% 0.34% 0.26% 0.51% 0.27% 0.35% 0.27% 0.24% 0.10% 0.60% 0.09%
Benchmark 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14%

Best Monthly Return Since Inception

2.20% (October 2022)

Worst Monthly Return Since Inception

-1.75% (September 2022)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -12.63521 to 26.836439.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 5.65% 3.98%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - - 4 4
Category Rank - - - - - - - - 1,837/ 1,895 2,003/ 2,012

Best Calendar Return (Last 10 years)

5.65% (2023)

Worst Calendar Return (Last 10 years)

3.98% (2024)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.55
Derivatives -0.06
US Equity -0.49

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.55
Other -0.55

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00
Europe 0.01
Other -0.01

Top Holdings

Top Holdings
Name Percent
Canadian Dollar 26.93
Bank of Nova Scotia 2.16% 03-Feb-2025 9.63
NORTH WEST REDWATER CSTN 9.21
Pembina Pipeline Corp 3.54% 03-Feb-2025 9.01
Bell Canada 3.35% 01-Feb-2025 8.97
Canadian Western Bank 3.86% 21-Apr-2025 8.27
Bank of Montreal 30-Jul-2025 7.89
National Bank of Canada 24-Jan-2025 5.13
Enbridge Inc 4.09
ENBRIDGE INC DISC 25 3.58

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.53% - - -
Beta 0.05% - - -
Alpha 0.03% - - -
Rsquared 0.48% - - -
Sharpe -0.87% - - -
Sortino 4.17% - - -
Treynor -0.09% - - -
Tax Efficiency 39.27% - - -

Fund Details

Start Date August 02, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
NPP5001

Investment Objectives

The investment objective of the Ninepoint Target Income Fund is to seek to provide unitholders with stable, monthly distributions and lower volatility than a direct investment in the broad equity markets by investing primarily in a diversified portfolio of equity index based investments that generates income and using derivatives strategies to moderate the market volatility of those investments.

Investment Strategy

The Fund seeks to generate income by primarily selling put options on broad equity indices, including exchange-traded funds (ETFs). In addition, the Portfolio Manager enters into, or obtains exposure to, systematic put selling strategies through the use of derivative instruments, such as swaps.

Portfolio Manager(s)

Name Start Date
Ninepoint Partners LP 06-30-2022

Management and Organization

Fund Manager Ninepoint Partners LP
Advisor Ninepoint Partners LP
Custodian CIBC Mellon Trust Company
Registrar -
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.22%
Management Fee 1.60%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.