Ninepoint Canadian Natural Resources HighShares ETF is an equity exchange-traded fund designed to provide investors with enhanced monthly income and long-term capital appreciation. The fund exclusively holds shares of Canadian Natural Resources Ltd., a leading player in Canada’s oil and gas exploration and production sector. To achieve its income-generation goal, the ETF employs a covered call strategy—writing call options on up to half of its portfolio—and modest leverage, up to 25% of the net asset value, to increase yield potential relative to holding the underlying stock directly. This ETF is actively managed by Ninepoint Partners LP, focusing on tax-efficient distributions which may be classified as Canadian eligible dividends, capital gains, or return of capital, resulting in favorable tax treatment for many Canadian investors. Distributions are paid monthly, and the fund is DRIP-eligible, allowing automatic reinvestment of payouts. The fund charges a low management fee, with a promotional 0% fee until February 28, 2026, rising to 0.29% afterward, making it a cost-effective option for those seeking higher income from a single, blue-chip Canadian resource company. Ninepoint Canadian Natural Resources HighShares ETF is tailored to investors seeking targeted exposure to the energy sector with an enhanced income overlay.
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