Inception Return
(12/10/2021)
|
-16.97 %
|
|
YTD Return
|
-0.84 %
|
|
NAVPS
(4/17/2024)
|
$4.88
|
|
Change
|
$0.03 / 0.56 %
|
|
|
Growth of $10,000
(As of March 31, 2024)
|
|
MER
|
2.95 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
-
|
|
Std Dev (3Yr)
|
-
|
|
Volatility Ranking (3Yr)
|
-
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Front Fee Only
|
|
Max Front End
|
-
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The investment objective of the Fund is to seek to achieve long-term capital growth. The Fund invests primarily in equity securities of companies that are directly or indirectly involved in the exploration, mining, production or distribution of silver. The Fund can also invest in silver and silver certificates. Securityholder approval is required prior to a change in the fundamental investment objectives of the Fund.
|
Fund Manager
Ninepoint Partners LP
Portfolio Manager
Maria Smirnova, Ninepoint Partners LP
Sub-Advisor
Sprott Asset Management LP
|
|
Asset Allocation
(As of March 31, 2024)
|
Sector Allocation
(As of March 31, 2024)
|
Geographic Allocation
(As of March 31, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Hecla Mining Co | US Equity | Basic Materials | United States | 11.20% |
| Pan American Silver Corp | Canadian Equity | Basic Materials | Canada | 9.93% |
| Wheaton Precious Metals Corp | Canadian Equity | Basic Materials | Canada | 4.91% |
| iShares Silver Trust ETF (SLV) | Other | Exchange Traded Fund | Multi-National | 4.69% |
| Fortuna Silver Mines Inc | Canadian Equity | Basic Materials | Canada | 4.63% |
| Aya Gold & Silver Inc | Canadian Equity | Basic Materials | Canada | 4.17% |
| First Majestic Silver Corp | Canadian Equity | Basic Materials | Canada | 4.11% |
| Gatos Silver Inc | US Equity | Basic Materials | United States | 3.95% |
| GoGold Resources Inc | Canadian Equity | Basic Materials | Canada | 3.76% |
| Industrias Penoles SAB de CV | International Equity | Basic Materials | Latin America | 3.52% |
Performance Data
(As of March 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
23.27
|
-0.84
|
15.40
|
-0.84
|
-18.38
|
-
|
-
|
-
|
|
Benchmark
|
19.04
|
-0.42
|
15.42
|
-0.42
|
-5.22
|
-1.58
|
9.41
|
2.91
|
|
Quartile Ranking
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
-13.58
|
-28.29
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
4.30
|
-8.71
|
-6.76
|
27.90
|
49.17
|
-11.22
|
8.09
|
59.83
|
-31.15
|
-22.01
|
|
Quartile Ranking
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|