Ninepoint Partners launches new ETF Series on three Mutual Funds
Ninepoint Partners LP (Ninepoint Partners) has launched ETF series securities on three of its Funds: Ninepoint Alternative Credit Opportunities Fund (NEO: NACO), Ninepoint Alternative Health Fund (NEO: NAHF), and Ninepoint Energy Fund (NEO: NNRG).
The objective of the Ninepoint Alternative Credit Opportunities Fund is to provide investors with income and capital appreciation by primarily investing in a diverse mix of Canadian, US and international fixed income securities for short-term and long-term gain.
The objective of the Ninepoint Alternative Health Fund is to achieve growth by investing primarily in equity securities of companies engaged in nutrition, nutraceuticals and new forms of medicines and pharmaceutical solutions.
The objective of the Ninepoint Energy Fund is to achieve long-term capital growth by investing primarily in equity and equity-related securities of companies that are involved directly or indirectly in the exploration, development, production and distribution of oil, gas, coal, or uranium and other related activities in the energy and resource sector.