NinePoint Target Income ETF (TIF.NO)
20.14
0.00 (0.00%)
CAD |
NEO |
May 21, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.12% | -0.32% | 34.73M | -- |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.47% | 263.7% | 58860.28 | Upgrade |
Basic Info
| Investment Strategy | |
| The investment objective of the 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. The fund seeks to generate income by primarily selling put options on broad equity indices, including 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. The fund aims to have exposure of at least 70% to North American equities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Global Equity |
| Category Index | Morningstar Gbl GR CAD |
| Global Category Name | Global Equity Large Cap |
| YCharts Categorization | Global Equity |
| YCharts Benchmark | MSCI ACWI Ex USA Total Return (^MSACXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Ninepont Partners LP |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Colin Watson | 1.84 yrs |
| Etienne Labrecque | 1.84 yrs |
Performance Versus Category
As of May 21, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 21, 2024.
Basic Info
| Investment Strategy | |
| The investment objective of the 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. The fund seeks to generate income by primarily selling put options on broad equity indices, including 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. The fund aims to have exposure of at least 70% to North American equities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Equity |
| Category Name | Global Equity |
| Category Index | Morningstar Gbl GR CAD |
| Global Category Name | Global Equity Large Cap |
| YCharts Categorization | Global Equity |
| YCharts Benchmark | MSCI ACWI Ex USA Total Return (^MSACXUSTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | Ninepont Partners LP |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Colin Watson | 1.84 yrs |
| Etienne Labrecque | 1.84 yrs |