Ninepoint Barrick HighShares ETF
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About Ninepoint Barrick HighShares ETF
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Inception date
Aug 22, 2025
Structure
Canadian Mutual Fund Corporation (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Primary advisor
Ninepoint Partners LP
Identifiers
2
ISIN:CA6539441080
The ETF invests exclusively in Barrick Mining Corp. (TSX: ABX), while employing an active covered call writing strategy. ABX is a leading global company engaged in the discovery, development, production, and sale of gold and copper. The fund aims to provide long-term capital appreciation and high monthly cash distributions, using leverage up to 25% of portfolio assets and selling calls on up to half of the portfolio. The upside potential is capped based on the call options written and may result in a drag on the portfolio in a rising market. However, the downside risk is cushioned up to the amount of premiums received. The fund may hold cash, money market instruments, or other equivalents at any time, and use derivatives to reduce costs and increase trading liquidity and efficiency. The funds aggregate exposure, which includes the market value of securities sold short, any borrowing arrangements, and derivative positions, must not exceed 300%.
Related funds
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ABHI trades at 15.80 CAD today, its price has risen 2.07% in the past 24 hours. Track more dynamics on ABHI price chart.
ABHI net asset value is 15.83 today — it's risen 12.01% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ABHI assets under management is 11.52 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ABHI fund flows account for 6.89 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
Yes, ABHI is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ABHI pays dividends to its holders with the dividend yield of 9.90%.
ABHI trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ABHI shares are issued by Ninepoint Financial Group, Inc.
ABHI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 22, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.