Key stats
About Ninepoint Energy Income Fund Series -ETF- Trust Units
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Inception date
Feb 18, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Ninepoint Partners LP
ISIN
CA65444A1049
The fund seeks to provide income and capital appreciation by investing directly in a diversified portfolio of dividend-paying energy companies located primarily in Canada. It uses a covered call strategy to enhance yield while at times strategically utilizing oil futures to lower portfolio risk. The fund uses leverage, its maximum aggregate exposure to short selling, cash borrowing, and derivatives used for leverage is up to 300% of its daily NAV, as permitted by Canadian laws. It may use up to 50% of its NAV to borrow cash, short-sell, or use a combination of both. The fund may hold cash, money market instruments, and fixed income securities for cash management. Derivatives such as options, futures, forwards, and swaps are utilized for both hedging and non-hedging purposes. The fund may also generate additional income through lending, repurchase, and reverse repurchase transactions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Miscellaneous
Industrial Services
Stocks90.68%
Energy Minerals60.00%
Miscellaneous13.30%
Industrial Services11.77%
Distribution Services5.61%
Bonds, Cash & Other9.32%
Cash7.36%
Miscellaneous2.22%
Rights & Warrants−0.26%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NRGI invests in stocks. The fund's major sectors are Energy Minerals, with 60.00% stocks, and Miscellaneous, with 13.30% of the basket. The assets are mostly located in the North America region.
NRGI top holdings are Whitecap Resources Inc. and Peyto Exploration & Development Corp., occupying 14.25% and 9.87% of the portfolio correspondingly.
NRGI assets under management is 87.67 M CAD. It's fallen 1.50% over the last month.
NRGI fund flows account for −19.39 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, NRGI doesn't pay dividends to its holders.
NRGI shares are issued by Ninepoint Financial Group, Inc. under the brand Ninepoint. The ETF was launched on Feb 18, 2022, and its management style is Active.
NRGI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NRGI invests in stocks.
NRGI price has risen by 1.26% over the last month, and its yearly performance shows a −3.60% decrease. See more dynamics on NRGI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.82% increase in three-month performance and has increased by 1.31% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.82% increase in three-month performance and has increased by 1.31% in a year.
NRGI trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.