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Home›Mutual Funds›Ninepoint Announces Addition of Mutual Fund Category for Bitcoin ETF

Ninepoint Announces Addition of Mutual Fund Category for Bitcoin ETF

By Brian Rankin
January 12, 2022
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  1. GlobeNewswire

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TORONTO, January 12, 2022 (GLOBE NEWSWIRE) – Ninepoint Partners LP (” nine points “) is pleased to announce another convenient way to access Ninepoint Bitcoin ETF (the” Funds ”) With the launch of the Fund’s Class A and F liquid alternative mutual fund units.

Ninepoint Bitcoin ETF is a convenient way to get direct exposure to Bitcoin on a global exchange, the TSX, and now on Fundserv. No wallets. No passwords. Hassle-free.

For investors seeking exposure to Bitcoin, but who are also attracted to environmental, social and governance (“ESG”) investment opportunities, Ninepoint uses a portion of its management fees to fully offset the carbon produced by the Bitcoin held in the Fund. By fully offsetting the Fund’s carbon footprint, Ninepoint offers investors concerned about the future of the planet a viable choice to allocate part of their portfolio to Bitcoin.

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“By providing investors with an alternative way to buy Bitcoin, we make it easier to participate in the dynamic crypto market while supporting investors’ ESG goals.” said Alex Tapscott, Managing Director of the Digital Asset Group at Ninepoint.

The Ninepoint Bitcoin ETF mutual fund category will be available for purchase on January 17, 2022 under the following fund codes:

Fund Code Mutual fund units
NPP938 Nine Point Bitcoin ETF – Class A
NPP929 Nine Point Bitcoin ETF – Class F

About Ninepoint Partners LP

Toronto-based Ninepoint is one of Canada’s leading alternative investment management firms, overseeing approximately $ 8 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to improve returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies, including North American Equities, Global Equities, real assets and alternative income. Ninepoint Digital Asset Group is a division of Ninepoint Partners.

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For more information on Ninepoint, please visit www.ninepoint.com or for any questions regarding the offer, please contact us at (416) 943-6707 or (866) 299-9906 or [email protected] .

Media contact:

Heritage advice
Marie Victoria Falzarano
561-578-0697
[email protected]

Certain statements included in this press release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expects”, “intends”, “anticipates”, “will” and similar expressions as far as they relate to the Fund. Forward-looking statements are not historical facts but reflect Ninepoint’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties which could cause actual results or events to differ materially from current expectations. While Ninepoint believes the assumptions inherent in forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, therefore, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty. to these. Neither the Fund nor Ninepoint undertake to publicly update or otherwise revise any statement or forward-looking information, whether as a result of new information, future events or other factors that affect such information, unless the law requires it.

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Ninepoint Partners LP is the investment manager of the Ninepoint Funds (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any) and other expenses may all be associated with investing in the Funds. Please read the prospectus carefully before investing. Mutual funds are not guaranteed, their values ​​change frequently and past performance may not be repeated. The information in this document does not constitute an offer or solicitation by any person in the United States or any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such. offer or solicitation. Potential investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Fund may be legally sold in their jurisdiction.

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