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About Ninepoint Capital Appreciation Fund Trust Units
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Inception date
Jul 22, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Ninepoint Partners LP
ISIN
CA65443K1030
The fund aims to deliver resilient performance across fast-moving market cycles through tactical shifts, various strategies, and dynamic positioning. NCAP aims to balance risk and return based on market conditions, shifting assets between 100% equities and 100% fixed income. Positions will include Canadian equities, fixed income securities, ETFs, and mutual funds, including alternative mutual funds capped at 10%. Additionally, the fund may shift assets to gold bullion funds to provide inflation protection. The fund may hold cash, money market instruments, or high-interest savings accounts for defensive purposes. The funds strategy involves various tactics such as derivatives for hedging risks and market exposure, engaging in lending, repurchase transactions, and short selling. The fund can invest up to 49% in foreign securities.
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Classification
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NCAP trades at 21.17 CAD today, its price has risen 0.47% in the past 24 hours. Track more dynamics on NCAP price chart.
NCAP net asset value is 21.11 today — it's risen 3.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NCAP assets under management is 1.05 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NCAP fund flows account for 0.00 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, NCAP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, NCAP pays dividends to its holders with the dividend yield of 4.75%.
NCAP trades at a premium (0.30%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NCAP shares are issued by Ninepoint Financial Group, Inc.
NCAP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 22, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.