Ninepoint Alternative Credit Opps ETF (NACO.NO)
16.86
+0.08
(+0.48%)
CAD |
NEO |
Apr 26, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.27% | 0.26% | 83.22M | 304.73 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.88% | 172.4% | -27.68M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to provide investors with income and capital appreciation. The Fund will seek to achieve its investment objectives by primarily investing in a diverse mix of Canadian, U.S. and international fixed income securities for short-term and long-term gain. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Credit Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Credit |
| YCharts Categorization | Credit |
| YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Ninepoint Partners LP |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Etienne Labrecque | 2.92 yrs |
| Mark Wisniewski | 2.92 yrs |
Performance Versus Category
As of April 26, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 26, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of the Fund is to provide investors with income and capital appreciation. The Fund will seek to achieve its investment objectives by primarily investing in a diverse mix of Canadian, U.S. and international fixed income securities for short-term and long-term gain. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Credit Focused |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Long/Short Credit |
| YCharts Categorization | Credit |
| YCharts Benchmark | Bloomberg US Credit (^BBUSCRTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Ninepoint Partners LP |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Etienne Labrecque | 2.92 yrs |
| Mark Wisniewski | 2.92 yrs |