Subject: NEW PRODUCTS/SERVICES
Ninepoint Partners LP Announces Risk Rating Change for Ninepoint Focused Global Dividend Fund and Fund Name Change
TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (the Manager) today announced a risk rating change for Ninepoint Focused Global Dividend Fund (the Fund). The Manager determines the risk rating for the Fund in accordance with the methodology required by the Canadian securities regulators. As a result of its annual review of the investment risk level of the Fund, the Manager has determined the risk rating change as follows:
| Fund | Previous Risk Rating | New Risk Rating |
| Ninepoint Focused Global Dividend Fund | Low to Medium | Medium |
This change will be reflected in the Fund's fund facts, which will be filed with Canadian securities regulators in connection with the Fund's 2024 annual renewal.
There are no changes to the investment objectives or strategies of the Fund.
Fund name change
Effective May 3, 2024, Ninepoint FX Strategy Fund will be renamed Ninepoint Global Macro Fund. There are no changes to the investment objectives or strategies of this fund. This change will be reflected in the fund's simplified prospectus and fund facts, each of which will be filed with Canadian securities regulators in connection with the fund's 2024 annual renewal.
About Ninepoint Partners LP
Based in Toronto, Ninepoint Partners LP is one of Canada's leading alternative investment management firms overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.
For more information on Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at (416) 943-6707 or (866) 299-9906 or [email protected].
Forward-Looking Statements
This press release contains "forward-looking information" within the meaning of applicable securities laws in Canada ("forward-looking statements"). Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Ninepoint Partners LP to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and Ninepoint Partners LP disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Ninepoint Partners LP undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.
Sales Inquiries:
Ninepoint Partners LP
Neil Ross
416-945-6227
[email protected]
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