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Ninepoint Alternative Credit Opportunities Fund Series A units
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$8.51 |
|---|---|
| Change |
$0.00
(0.04%)
|
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (May 14, 2021): 2.41%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.29% | 0.28% | 0.79% | 0.75% | 3.75% | 6.11% | 6.41% | 4.46% | - | - | - | - | - | - |
| Benchmark | 0.06% | -0.26% | -0.74% | 0.36% | 1.56% | 5.13% | 3.07% | 2.76% | 0.70% | 0.18% | 1.34% | 1.91% | 1.59% | 1.73% |
| Category Average | 0.80% | 0.58% | 1.70% | 1.30% | 6.26% | 6.47% | 6.27% | 5.32% | 3.62% | 5.20% | 4.26% | - | - | - |
| Category Rank | 126 / 149 | 85 / 145 | 112 / 145 | 94 / 145 | 112 / 133 | 54 / 110 | 45 / 106 | 67 / 91 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 3 | 4 | 3 | 4 | 2 | 2 | 3 | - | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.22% | 0.37% | 0.48% | 0.62% | 0.84% | 0.36% | 0.17% | -0.13% | 0.47% | 0.82% | -0.81% | 0.29% |
| Benchmark | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% |
Best Monthly Return Since Inception
2.85% (December 2023)
Worst Monthly Return Since Inception
-1.99% (February 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -9.61% | 7.40% | 9.81% | 3.84% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 2 | 2 | 4 |
| Category Rank | - | - | - | - | - | - | 75/ 85 | 42/ 105 | 36/ 110 | 104/ 131 |
Best Calendar Return (Last 10 years)
9.81% (2024)
Worst Calendar Return (Last 10 years)
-9.61% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 109.01 |
| Foreign Corporate Bonds | 27.45 |
| Canadian Bonds - Other | 8.61 |
| Mortgages | 4.54 |
| Canadian Government Bonds | 4.50 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 142.57 |
| Cash and Cash Equivalent | -42.59 |
| Other | 0.02 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.37 |
| Latin America | 2.08 |
| Europe | 0.56 |
Top Holdings
| Name | Percent |
|---|---|
| Ontario Province 3.45% 02-Jun-2045 | 7.51 |
| Canadian Imperial Bank Commrce 4.20% 07-Apr-2027 | 5.66 |
| Bank of Nova Scotia 3.93% 03-May-2027 | 5.21 |
| Real Estate Asset Liqdty Trust 02-Dec-2041 | 4.54 |
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 4.50 |
| Bank of Montreal 6.53% 27-Oct-2032 | 4.25 |
| Cenovus Energy Inc 3.50% 07-Feb-2028 | 4.10 |
| Alberta Province 3.45% 01-Dec-2043 | 4.04 |
| Enbridge Inc 5.38% 27-Sep-2027 | 3.89 |
| General Motors Fncl Canada Ltd 5.20% 09-Jan-2028 | 3.70 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Ninepoint Alternative Credit Opportunities Fund Series A units
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 2.47% | - | - |
|---|---|---|---|
| Beta | 0.39 | - | - |
| Alpha | 0.05 | - | - |
| Rsquared | 0.69% | - | - |
| Sharpe | 1.06 | - | - |
| Sortino | 3.02 | - | - |
| Treynor | 0.07 | - | - |
| Tax Efficiency | 64.85% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.54% | 2.47% | - | - |
| Beta | 0.35 | 0.39 | - | - |
| Alpha | 0.03 | 0.05 | - | - |
| Rsquared | 0.76% | 0.69% | - | - |
| Sharpe | 0.85 | 1.06 | - | - |
| Sortino | 0.62 | 3.02 | - | - |
| Treynor | 0.04 | 0.07 | - | - |
| Tax Efficiency | 39.30% | 64.85% | - | - |
Fund Details
| Start Date | May 14, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NPP930 |
Investment Objectives
The investment objective of the Ninepoint Alternative Credit Opportunities 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. The Fund will use derivatives, which may introduce leverage into the Fund. The Fund may also borrow cash and sell securities short.
Investment Strategy
The securities comprising the portfolio of the Fund (the “Portfolio”) will be selected by the Portfolio Manager based on its assessment of the markets and potential investment opportunities. The Fund has no geographic, industry sector, asset class or market capitalization restrictions. The Fund will invest in derivatives. A derivative is an investment that derives its value from another investment, the underlying investment, which could be a stock, a bond, currency or a market index.
Portfolio Management
| Portfolio Manager |
Ninepoint Partners LP |
|---|---|
| Sub-Advisor |
Ninepoint Partners LP
|
Management and Organization
| Fund Manager |
Ninepoint Partners LP |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.14% |
|---|---|
| Management Fee | 1.40% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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