NEO is proud to welcome Ninepoint Partners LP (“Ninepoint”) to the NEO Exchange, with the launch of a broad theme of ETF series securities on four of its Funds. Ninepoint is the seventeenth fund manufacturer to list products on the NEO Exchange, which is home to over 100 corporate and ETF listings.
“We are excited to offer an ETF series of some of our most popular tactical strategies,” remarked James Fox, Co-CEO and Managing Partner at Ninepoint Partners. “Adding another vehicle to access our unique fixed income, precious metals, and cash account solutions means our clients can more readily take advantage of these strategies in their portfolio allocation models.”
The four Ninepoint ETFs began trading today on the NEO Exchange:
Ninepoint Diversified Bond Fund (NBND)
With a focus on active risk management, low volatility, and capital preservation, the objective of this Fund is to maximize the total return of the Fund and to provide income by primarily investing in debt and debt-like securities of corporate and government issuers from around the world.
Ninepoint High Interest Savings Fund (NSAV)
With no term limits or penalty for redemption (unlike GICs and Term Deposits), the objective of this Fund is to maximize yield on cash balances, while providing easy access to investments with daily liquidity. The Fund invests in high interest savings accounts offered at Schedule 1 Banks.
Ninepoint Gold and Precious Minerals Fund C$ (GLDE); US$ (GLDE.U)
With an investment objective of providing long-term capital growth, this Fund invests primarily in gold, gold certificates, precious metals and minerals, the certificates relating to such metals and minerals and/or in equity securities of companies that are directly or indirectly involved in the exploration, mining, production or distribution of gold and precious metals and minerals.
Ninepoint Silver Equities Class C$ (SLVE); US$ (SLVE.U)
Seeking to achieve long-term capital growth, this Fund invests primarily in equity securities of companies that are directly or indirectly involved in the exploration, mining, production and distribution of silver. The Fund can also invest in silver and silver certificates.
“It’s been great working with NEO on this launch,” commented Warren Steinwall, Managing Director, Investment Operations at Ninepoint Partners. “As an exchange, NEO has proven to be a true champion of innovation and customer service, with a deeply-rooted expertise in the ETF space. Their support has been invaluable in helping us bring our first ETF products to market.”
“After a thorough due diligence of their options, Ninepoint selected NEO as their preferred listing exchange,” remarked Jos Schmitt, President and CEO of NEO. “The launch of their ETF series on the NEO Exchange is yet another rewarding affirmation of the much-needed competition and disruption we bring to Canadian capital markets. We are thrilled to welcome Ninepoint to the NEO family with their debut into the ETF space, an area in which NEO has developed a strong reputation as a leader and innovator.”
Investors can trade shares of the Ninepoint ETF series securities through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all NEO-listed securities. NEO consistently represents more than 13% of all volume traded in Canadian-listed companies, and roughly 20% of all trading in Canadian ETFs.
About NEO Exchange
NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products seeking a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
About Ninepoint Partners
Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including North American Equity, Global Equity, Real Assets & Alternative Income.