Ninepoint Energy Income Fund (NRGI.NE)

ETF profile

Ninepoint Energy Income Fund (NRGI.NE)

Country: CanadaSector: Financial ServicesIndustry: Asset Management - IncomeExchange: NEO

Company overview

The Ninepoint Energy Income Fund's primary aim is to generate both regular income and capital growth for its investors. It achieves this by allocating capital to dividend-distributing firms within the energy sector. To enhance potential returns, the Fund employs derivatives, a strategy that can introduce leverage. It also reserves the option to borrow funds and execute short sales of securities. Crucially, the total combined exposure from short positions, borrowed capital, and leveraged derivatives is rigorously capped at 300% of the fund's net asset value, with this limit assessed each trading day.

WebsiteN/A
SectorFinancial Services
IndustryAsset Management - Income
CountryCanada
Trades inCAD
Current price
23.48-0.25%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Ninepoint Energy Income Fund (NRGI.NE)

NRGI.NE · NEO · Financial Services
23.48-0.25%
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No price history available.

About

The Ninepoint Energy Income Fund's primary aim is to generate both regular income and capital growth for its investors. It achieves this by allocating capital to dividend-distributing firms within the energy sector. To enhance potential returns, the Fund employs derivatives, a strategy that can introduce leverage. It also reserves the option to borrow funds and execute short sales of securities. Crucially, the total combined exposure from short positions, borrowed capital, and leveraged derivatives is rigorously capped at 300% of the fund's net asset value, with this limit assessed each trading day.

SectorFinancial Services
IndustryAsset Management - Income
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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