Description
Ninepoint Energy Fund is an open ended equity mutual fund launched and managed by Sprott Asset Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the energy sector, with an emphasis on companies involved in the exploration, development, production and distribution of oil, gas, coal, or uranium. It primarily invests in value stocks of mid-cap companies. The fund employs fundamental analysis, focusing on such factors as strong management teams and solid business models to create its portfolio. It benchmarks the performance of its portfolio against S&P/TSX Capped Energy Total Return Index. The fund was formerly known as Sprott Energy Fund. Ninepoint Energy Fund was formed on March 24, 2004 and is domiciled in Canada.
