The Ninepoint Enbridge HighShares ETF is a Canadian exchange-traded fund designed to provide targeted exposure to Enbridge Inc., one of Canada’s largest energy infrastructure companies. This ETF’s primary function is to enhance monthly income for investors by combining direct ownership of Enbridge shares with a professionally managed covered call option strategy. In addition, the fund employs modest leverage—up to 25%—to further amplify yield potential, setting it apart from simply holding the company’s stock. Distributions are made monthly and are structured to be tax-efficient for Canadian investors, as income may be paid out as Canadian eligible dividends, capital gains, or return of capital. The fund appeals to individuals seeking regular income from a well-known blue-chip stock within a familiar regulatory and tax environment. Notably, Ninepoint is offering a competitive management fee structure: fees are waived until late February 2026, after which they remain among the lowest in this category. The ETF’s active management aims to optimize income while maintaining exposure to the underlying equity, serving as a specialized tool for those wanting both yield and participation in the Canadian energy sector’s performance.
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