Ninepoint Partners LP Announces Risk Rating Change for Ninepoint Focused Global Dividend Fund and Fund Name Change
May 01 2024 - 9:16AM
Ninepoint Partners LP (the
Manager) today
announced a risk rating change for Ninepoint Focused Global
Dividend Fund (the
Fund). The Manager determines
the risk rating for the Fund in accordance with the methodology
required by the Canadian securities regulators. As a result of its
annual review of the investment risk level of the Fund, the Manager
has determined the risk rating change as follows:
Fund |
Previous Risk Rating |
New Risk Rating |
Ninepoint Focused Global Dividend Fund |
Low to Medium |
Medium |
This change will be reflected in the Fund’s fund
facts, which will be filed with Canadian securities regulators in
connection with the Fund’s 2024 annual renewal.
There are no changes to the investment
objectives or strategies of the Fund.
Fund name change
Effective May 3, 2024, Ninepoint FX Strategy
Fund will be renamed Ninepoint Global Macro Fund. There are no
changes to the investment objectives or strategies of this fund.
This change will be reflected in the fund’s simplified prospectus
and fund facts, each of which will be filed with Canadian
securities regulators in connection with the fund’s 2024 annual
renewal.
About Ninepoint Partners LP
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 spanning Equities, Fixed Income,
Alternative Income, Real Assets, F/X and Digital Assets.
For more information on Ninepoint Partners LP,
please visit www.ninepoint.com or please contact us at
(416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.
Forward-Looking Statements
This press release contains “forward-looking
information” within the meaning of applicable securities laws in
Canada (“forward-looking statements”). Often, but not always,
forward-looking statements can be identified by the use of words
such as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes”
or variations (including negative variations) of such words and
phrases, or state that certain actions, events or results “may”,
“could”, “would”, “might” or “will” be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Ninepoint Partners LP to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Forward-looking statements contained herein are made as
of the date of this press release and Ninepoint Partners LP
disclaims any obligation to update any forward-looking statements,
whether as a result of new information, future events or results or
otherwise. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Ninepoint Partners LP undertakes no obligation to
update forward-looking statements if circumstances, management’s
estimates or opinions should change, except as required by
securities legislation. Accordingly, the reader is cautioned not to
place undue reliance on forward-looking statements.
Sales Inquiries:Ninepoint
Partners LPNeil Ross416-945-6227nross@ninepoint.com