Ninepoint Files Preliminary Prospectus for Nine New Single-Stock ETFs

Executive Summary

• Ninepoint Partners filed preliminary prospectuses for nine new single‑stock ETFs, expanding its HighShares suite and introducing the first CoreShares ETF (Constellation Software).
• All ETFs will target high monthly cash distributions, employ covered‑call writing (for HighShares), and charge a low management fee of 0.29%.
• The offerings are not yet for sale; they require final prospectus receipt before investors can purchase shares.

Key Details

• New ETFs announced (Ticker – Risk Rating):
• Ninepoint Constellation Software CoreShares ETF – CSUC – High
• Ninepoint Constellation Software HighShares ETF – CSHI – High
• Ninepoint Celestica HighShares ETF – CLHI – High
• Ninepoint Kinross Gold HighShares ETF – KGHI – High
• Ninepoint NVIDIA HighShares ETF – NVHI – High
• Ninepoint Tesla HighShares ETF – TSHI – High
• Ninepoint Palantir HighShares ETF – PLHI – High
• Ninepoint Alphabet HighShares ETF – GOHI – High

• Ninepoint Intel HighShares ETF – INHI – High

• ETF objectives:

• Provide long‑term capital appreciation through leveraged (HighShares) or unlevered (CoreShares) single‑stock exposure.

• Generate high monthly cash distributions, potentially classified as eligible Canadian dividends, net income, capital gains, or return of capital.

• Investment strategy:

• HighShares ETFs will write covered call options on a portion of holdings; the proportion varies with market conditions and distribution policy.

• CoreShares ETF (Constellation Software) offers unlevered exposure without option writing.

• Management fee: 0.29% for all new ETFs, positioned as the lowest in the single‑stock category.

• Distribution features: Monthly payouts; DRIP‑eligible for automatic reinvestment; qualified for registered plans (RRSP, TFSA, etc.).

• Regulatory status: Preliminary prospectus filed and receipted by securities regulators in all Canadian provinces/territories; final prospectus pending before any sales can occur.

• Quote:

• “Yield matters, but net return matters more… we are resetting the market standard by offering the lowest management fees in the single‑stock category,” – Karl Cheong, Executive Vice President & Head of ETFs, Ninepoint Partners.

Notable Quotes

• Karl Cheong, CFA, EVP & Head of ETFs: “Yield matters, but net return matters more. We are resetting the market standard by offering the lowest management fees in the single‑stock category.”