Ninepoint Cameco High Income Shares ETF is an exchange-traded fund structured to provide investors with direct exposure to the common shares of Cameco Corporation, a leading Canadian company in the uranium and nuclear energy sector. The ETF is actively managed and employs a covered call strategy combined with up to 25% modest leverage, with the goal of enhancing monthly income distributions beyond what is typically available from holding the underlying stock alone. Its distributions may be comprised of Canadian eligible dividends, capital gains, or return of capital, targeting tax efficiency for investors. This ETF is part of Ninepoint's suite focused on Canadian blue-chip companies and is designed for those seeking both high income and long-term capital appreciation, along with the stability associated with a single, well-established stock. Management fees are set at 0% until February 28, 2026, and only 0.29% thereafter, making it a low-cost choice within its category. The strategy makes it suitable for investors who can tolerate variability associated with the energy sector and who prefer monthly cash flow through a disciplined options-based approach.
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