Ninepoint Launches Active U.S. Growth ETF (NAGF) in Canada

Ninepoint Partners has launched the Ninepoint American Growth Fund, an actively managed U.S. equity strategy available through a mutual fund and a TSX-listed ETF series (NAGF). The fund targets long-term capital appreciation through a concentrated portfolio of approximately 25 to 45 large- and mid-cap U.S. companies, focusing on structural growth opportunities in artificial intelligence, digital transformation, healthcare innovation and consumer trends. Managed by Tony Genua, Sam Mitter and Jonathan Lo, the strategy uses bottom-up stock selection based on company fundamentals, earnings momentum and valuations rather than index weightings. NAGF launches with a promotional management fee of 0.425%, which will increase to 0.85% after November 30, 2026, or once the fund's aggregate assets exceed C$200 million, whichever comes first.