Ninepoint Partners Brings SpaceX ETF Exposure to Canadian Investors with a 0% Management Fee until September 30, 2026 (0.29% thereafter)

Executive Summary

• Ninepoint Partners LP launched the Ninepoint SpaceX HighShares ETF (SXHI) on the TSX, providing Canadian investors with leveraged exposure to SpaceX through a professionally managed covered call strategy.
• The ETF targets long-term capital appreciation and high monthly cash distributions, utilizing up to 33% leverage and writing covered call options on up to 50% of its underlying SpaceX holdings.
• SXHI features a promotional 0% management fee until September 30, 2026, monthly distributions, and DRIP eligibility, extending Ninepoint’s HighShares platform to include U.S. single-stock exposure.

Key Details

• Fund Name: Ninepoint SpaceX HighShares ETF
• Ticker: SXHI (TSX)
• Launch Date: June 16, 2026
• Initial Offering Price: $10 per unit
• Management Fee: 0% until September 30, 2026; 0.29% thereafter
• Investment Strategy: Levered exposure to SpaceX combined with a professionally managed covered call strategy
• Leverage Capacity: Up to 33% of unlevered net asset value
• Covered Call Strategy: Writes options on up to 50% of SpaceX holdings
• Distribution Frequency: Monthly
• Distribution Composition: Canadian eligible dividends, capital gains, or return of capital
• Risk Rating: High
• Underlying Exposure: Class A common stock of SpaceX
• DRIP Eligibility: Yes (automatic reinvestment of payouts)
• Platform Context: Extends the Ninepoint HighShares platform, which launched in 2025 with Canadian single-stock ETFs and expanded to U.S. single-stock ETFs

Notable Quotes

• Karl Cheong, CFA, Executive Vice President and Head of ETFs at Ninepoint Partners: “For decades, some of the world’s most transformative companies have remained private, putting their biggest growth opportunities out of reach for most investors. This launch changes that, giving Canadians a familiar and accessible way to invest in the commercialization of space through an ETF.”
• John Wilson, Co-CEO and Managing Partner at Ninepoint: “This is the kind of product Ninepoint Partners was built to bring to market. The Ninepoint HighShares platform has steadily expanded what a Canadian-listed ETF can offer, and SXHI is our boldest step yet, backed by the same disciplined, professionally managed approach behind every fund on the platform.”