NINEPOINT CARBON CREDIT ETFNINEPOINT CARBON CREDIT ETFNINEPOINT CARBON CREDIT ETF

NINEPOINT CARBON CREDIT ETF

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Key stats


Assets under management (AUM)
‪1.10 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−1.6%

About NINEPOINT CARBON CREDIT ETF


Issuer
Ninepoint Financial Group, Inc.
Brand
Ninepoint
Expense ratio
2.72%
Home page
Inception date
Feb 16, 2022
Index tracked
No Underlying Index
Management style
Active
The fund is actively managed to provide exposure to three carbon allowance markets, namely the European Union Allowance (EUA), the California Carbon Allowance (CCA), and the Regional Greenhouse Gas Initiative (RGGI). The EUA is the oldest and most liquid carbon allowance market in the world. The CCA covers Quebec aside from California, while the RGGI is a cooperative of Northeastern and Mid-Atlantic states in the US. Each market uses a cap-and-trade system, where emissions trading is regulated to reduce greenhouse gas emissions through economic incentives. The funds aggregate exposure must not exceed 300% of its net asset value, calculated on a daily basis. The fund may hold debt securities, cash, or cash equivalents. It may also engage in lending and repurchase transactions to generate additional income. Derivatives such as options, futures, forwards, and swaps may be utilized for hedging strategies. All investment decisions are at the discretion of the fund manager.

Classification


Asset Class
Commodities
Category
Energy
Focus
Carbon credits
Niche
Variable
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government98.14%
Futures5.40%
Cash−3.55%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.