Ninepoint Partners LP, one of Canada’s leading independent investment managers, is pleased to announce the launch of two new ETFs on the Toronto Stock Exchange (TSX).
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LP → lead → Exchange
The Ninepoint Enhanced U.S. Equity HighShares ETF (TSX: USHI) and Ninepoint Enhanced Aerospace and Defense HighShares ETF (TSX: EDHI) expand Ninepoint’s HighShares lineup with diversified exposure to U.S. large-cap equities and focused exposure to global aerospace and defense companies, respectively.
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ETF → expand → companies
Both ETFs seek to provide regular income and long-term capital appreciation through curated portfolios of widely held companies and covered call writing, and may use leverage to increase investment exposure.
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ETFs → seek → exposure
“Income investors want more choice in the companies and sectors they own,” said Karl Cheong, CFA, Executive Vice President and Head of ETFs at Ninepoint.
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Cheong → want → Ninepoint
“USHI offers exposure to a targeted portfolio of U.S. large-cap companies across multiple sectors, while EDHI provides access to global aerospace and defense.
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EDHI → offer → aerospace
Both combine focused equity exposure and covered call writing to pursue regular income and long-term growth.”
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Both → combine → income
USHI offers broader US equity exposure
USHI is expected to hold approximately 25 U.S. large-cap companies across a broad range of sectors, including technology, financials, health care, energy and utilities.
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USHI → offer → technology
The ETF combines a sector-balanced equity portfolio with covered call strategy and leverage of up to 33% of the portfolio, with the objective of generating regular high income while providing the potential for long-term capital appreciation.
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ETF → combine → appreciation
EDHI offers global aerospace and defense exposure
EDHI is designed to provide exposure to global aerospace and defense companies, including established defence contractors and businesses involved in space, cybersecurity and other security-related technologies.
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EDHI → offer → space
The ETF combines this equity portfolio with a covered call strategy and moderate leverage, providing investors with an income-focused approach to the sector while offering the potential for long-term capital appreciation.
Targeted equity holdings and regular distributions
The equity portfolios provide exposure to targeted lists of large-cap companies, rather than relying on ongoing discretionary changes to stock exposure or holdings.
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portfolios → combine → exposure
The covered call strategies also apply defined parameters to option coverage, strike prices and expiries.
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strategies → apply → coverage
Each ETF is designed to pay distributions twice a month.
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ETF → design → distributions
USHI has closed its initial offering of units and will begin trading today on the TSX.
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USHI → close → TSX
EDHI’s units are expected to begin trading on the TSX on Tuesday, September 15.
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units → expect → Tuesday
Ninepoint’s new HighShares ETFs are listed below:
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ETFs → list → ?
ETF Highlights:
- Low Fee: Ninepoint HighShares is one of the lowest‑cost Canadian single‑stock covered call ETF suites.
- Targeted Equity Portfolio: Exposure to targeted equity baskets with a covered call strategy.
- Institutional Experience:
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HighShares → cover → strategy
Every option is managed with the same discipline that Ninepoint applies to managing more than $8+ billion in assets under management.
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Ninepoint → manage → management
About Ninepoint Partners LP
Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing over $8 billion in assets under management and institutional contracts.
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LP → base → contracts
Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets.
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Ninepoint → commit → Equities
Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions “expects”, “intends”, “anticipates”, “will” and similar expressions to the extent that they relate to the ETFs.
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they → include → ETFs
The forward-looking statements are not historical facts but reflect Ninepoint’s current expectations regarding future results or events.
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statements → look → results
These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations.
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results → look → expectations
Although Ninepoint believes the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein.
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readers → believe → uncertainty
Neither the ETFs nor Ninepoint undertake any obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
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which → undertake → law
The ETFs do not have a fixed distribution amount.
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ETFs → have → amount
The amount of distributions may fluctuate and there can be no assurance that the ETFs will make any distribution in any particular period or periods.
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ETFs → fluctuate → period
The amount of ordinary cash distributions, if any, will be based on the Manager’s assessment of the prevailing market conditions.
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amount → base → conditions
The amount of distributions may vary if there are changes in any of the factors that affect the net cash flow on the portfolio of an ETF, including the amount of leverage employed by the ETF.
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that → vary → ETF
The amount and date of any ordinary cash distributions of the ETFs will be announced in advance by issuance of a press release.
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amount → announce → release
Subject to compliance with the investment objectives of the ETFs, the Manager may, in its complete discretion, change the frequency of these distributions and any such change will be announced by press release.
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change → change → release
Each ETF intends to pay monthly distributions based on its ability to generate monthly cash flows from writing covered call options and any dividends received on the portfolio securities held in such ETF’s portfolio, as applicable.
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ETF → intend → portfolio
The Manager will review the level of distributions for each ETF on a quarterly basis to consider the sustainability of such distributions.
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Manager → review → distributions
Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the ETFs.
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Commissions → trail → ETFs
ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
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performance → guarantee → ?
The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.
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it → contain → offer
Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the ETFs may be lawfully sold in their jurisdiction.
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securities → contact → jurisdiction
