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Ninepoint High Interest Savings Fund Series A

Canadian Money Market

NAVPS
(05-22-2024)
$9.84
Change
$0.00 (0.01%)

As at April 30, 2024

As at April 30, 2024

Period
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Legend

Ninepoint High Interest Savings Fund Series A

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Fund Returns

Inception Return (August 05, 2010): 1.71%

Fund Returns
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 0.42% 1.21% 2.51% 1.68% 5.08% 4.21% 2.91% 2.26% 2.13% 1.91% 1.63% 1.64% 1.56% 1.69%
Benchmark 0.41% 1.22% 2.46% 1.62% 4.90% 4.09% 2.78% 2.11% 2.00% 1.92% 1.77% 1.61% 1.49% 1.42%
Category Average 0.36% 2.23% 2.23% 1.44% 4.29% 3.38% 2.18% 1.66% 1.54% 1.44% 1.30% 1.15% 1.04% 0.96%
Category Rank 95 / 256 65 / 250 52 / 247 51 / 248 44 / 234 40 / 218 31 / 211 32 / 201 23 / 188 40 / 173 55 / 164 32 / 158 27 / 152 14 / 148
Quartile Ranking 2 2 1 1 1 1 1 1 1 1 2 1 1 1

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.40% 0.38% 0.41% 0.43% 0.41% 0.44% 0.42% 0.40% 0.46% 0.38% 0.40% 0.42%
Benchmark 0.36% 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40% 0.41%

Best Monthly Return Since Inception

2.03% (January 2015)

Worst Monthly Return Since Inception

-0.97% (June 2017)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 2.26% 1.73% 1.19% 0.37% 1.06% 1.74% 0.63% 0.32% 2.00% 4.85%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking 1 1 1 3 3 1 2 1 1 1
Category Rank 2/ 145 2/ 151 2/ 155 91/ 163 95/ 168 38/ 185 64/ 198 23/ 211 31/ 215 53/ 225

Best Calendar Return (Last 10 years)

4.85% (2023)

Worst Calendar Return (Last 10 years)

0.32% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 96.83
Canadian Corporate Bonds 2.12
Canadian Bonds - Other 1.05

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 96.83
Fixed Income 3.17

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
TD CASH ACCOUNT 40.81
Royal Bank of Canada 0.00% 09-May-2024 6.20
Equitable Bank 1.98% 09-May-2024 5.31
Bell MTS Inc 4.00% 24-Mar-2024 5.24
Volkswagen Credit Canada 5.05
Honda Canada Finance Inc 5.64% 27-Sep-2024 4.70
Bruce Power LP 3.00% 21-Apr-2024 3.64
ENBRIDGE GAS INC DISC 24 3.58
National Bank of Canada 0.00% 02-Aug-2024 3.28
AT&T Inc 2.85% 14-Apr-2024 2.73

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Ninepoint High Interest Savings Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.59% 0.54% 0.99%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -0.28% -1.68% -1.55%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.08% 0.59% 0.54% 0.99%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -0.28% -1.68% -1.55%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date August 05, 2010
Instrument Type Mutual Fund
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
NPP019

Investment Objectives

The objective of this Fund is to maximize yield on cash balances, while providing easy access to investments with daily liquidity. The Fund invests in high interest savings accounts offered at Schedule 1 Canadian Banks. Securityholder approval is required prior to a change in the fundamental investment objectives of the Fund.

Investment Strategy

To achieve the Fund’s investment objectives, the Portfolio Manager invests all of its assets in high interest savings accounts at Schedule 1 Canadian Banks offering pre-negotiated interest rates.

Portfolio Manager(s)

Name Start Date
Etienne Bordeleau-Labrecque 08-01-2017
Chris Cockeram 08-01-2017
Mark Wisniewski 03-12-2018

Management and Organization

Fund Manager Ninepoint Partners LP
Advisor Ninepoint Partners LP
Custodian CIBC Mellon Trust Company
Registrar -
Distributor -
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.35%
Management Fee 0.25%
Load Back Fee Only
FE Max 2.00%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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