LongPoint Seeks to List the Moat Active Premium Yield ETF

Executive Summary

• LongPoint Asset Management and Moat Financial have filed a preliminary prospectus for the “Moat Active Premium Yield ETF,” an actively managed ETF that will employ a put‑writing strategy on North American equities.
• The ETF has applied for conditional listing on the Toronto Stock Exchange under ticker MOAT and proposes a management fee of 0.75% per annum (plus applicable taxes).
• This marks LongPoint’s fifth ETF launched via its partnership platform, expanding its suite to include an income‑focused, derivatives‑based strategy for Canadian investors.

Key Details

• Partnership: LongPoint Asset Management Inc. (co‑promoter) + Moat Financial Limited (investment manager).
• ETF Name: Moat Active Premium Yield ETF (“Moat ETF”).
• Listing Application: Conditional approval sought on TSX, ticker MOAT.
• Strategy Overview:
• Primary focus – writing out‑of‑the‑money, short‑dated cash‑secured put options on North American equity securities to generate high income.
• May also write covered calls on portfolio equities and employ other combination option strategies.
• Direct investment in equities possible when attractive entry points arise or when assigned on puts; holdings may be retained long‑term based on valuation.
• Investment Objective: Provide high income and moderate capital growth primarily through put‑writing, with occasional direct equity investments and limited exposure to ETFs/options on ETFs.
• Management Fee: 0.75% of net asset value per annum (plus applicable sales tax), calculated daily and payable monthly in arrears.
• Cash Management: Portfolio will hold Canadian‑dollar cash and cash equivalents as cover for the put‑write positions.
• Regulatory Filing: Preliminary prospectus dated November 24, 2025 filed with securities commissions in all Canadian provinces/territories; units cannot be purchased until final prospectus receipt and TSX trading commence.
• Quotes:
• Steve Hawkins (CEO, LongPoint): Emphasized the synergy of LongPoint’s ETF expertise with Moat’s derivatives‑based income strategy.
• Chris Thom (CEO & Portfolio Manager, Moat Financial): Highlighted the active, discretionary nature of the put‑writing approach and its potential for downside protection.

Notable Quotes

• “LongPoint is thrilled to be working with Moat Financial as co‑promoters to develop the proposed Moat Active Premium Yield ETF…” – Steve Hawkins, CEO, LongPoint
• “The Moat ETF is expected to offer Canadian investors unique access to an active income focused put writing strategy.” – Chris Thom, CEO & Portfolio Manager, Moat Financial