Ninepoint Files Preliminary Prospectus for Nine New Single-Stock ETFs

Executive Summary

• Ninepoint Partners filed a preliminary prospectus for nine new single‑stock ETFs, expanding its HighShares suite and introducing the first CoreShares ETF focused on Constellation Software.
• All ETFs will charge a low management fee of 0.29% and aim to deliver monthly cash distributions through covered‑call option writing.
• The funds target both Canadian and U.S. equities across technology, resources, and industrial sectors and are intended for inclusion in registered Canadian investment plans.

Key Details

• Preliminary Prospectus Filed: Received by securities regulators in every Canadian province and territory; final prospectus required before any sales can occur.
• ETF lineup (Ticker – Risk Rating):
• CSUC – Ninepoint Constellation Software CoreShares ETF – High
• CSHI – Ninepoint Constellation Software HighShares ETF – High
• CLHI – Ninepoint Celestica HighShares ETF – High
• KGHI – Ninepoint Kinross Gold HighShares ETF – High
• NVHI – Ninepoint NVIDIA HighShares ETF – High
• TSHI – Ninepoint Tesla HighShares ETF – High
• PLHI – Ninepoint Palantir HighShares ETF – High
• GOHI – Ninepoint Alphabet HighShares ETF – High
• INHI – Ninepoint Intel HighShares ETF – High
• Management Fee: Uniform 0.29% across all new ETFs, positioning them as low‑cost options in the single‑stock category.
• Distribution Strategy: Monthly cash distributions (eligible Canadian dividends, net income, capital gains, and/or return of capital) enhanced by covered‑call option writing; DRIP‑eligible for automatic reinvestment.
• Investment Eligibility: Qualified for RRSPs, RRIFs, TFSAs, RESPs, RDSPs, FHSAs and other registered plans, subject to prospectus conditions.
• Target Sectors & Geography: Expanded exposure beyond Canadian issuers to include leading U.S. companies in technology, resources, and industrials.
• Operational Mechanics: ETFs will hold the underlying single‑stock securities; a portion of holdings may be sold as covered calls, with the exact proportion varying based on market conditions and distribution policy.

Notable Quotes

“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, CFA, Executive Vice President & Head of ETFs, Ninepoint Partners.