Ninepoint Enhanced Canadian HighShares ETF
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Key stats
About Ninepoint Enhanced Canadian 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
3
ISIN CA65444M1086
The fund-of-funds is actively managed, seeking to provide high monthly cash distributions and potential for capital appreciation. The portfolio consists of single-stock exchange-traded mutual funds managed by the issuer. Each underlying fund invests in a single equity security, employs leverage up to 25% of its assets, and uses covered call strategies on up to 50% of the portfolio to enhance yield and maintain diversification. As an alternative mutual fund, the fund may invest more than 10% of its assets in a single issuer and use strategies like cash-borrowing, and short-selling. These strategies may increase risk during certain market conditions. The fund may also hold cash, money market instruments, or other equivalents at any time. Investors should note that the fund itself will not employ leverage.
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
Displays a symbol's price movements over previous years to identify recurring trends.
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.
ECHI trades at 12.37 CAD today, its price has fallen −0.04% in the past 24 hours. Track more dynamics on ECHI price chart.
ECHI net asset value is 12.35 today — it's risen 7.92% 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.
ECHI assets under management is 125.55 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.
ECHI price has risen by 4.39% over the last month, and its yearly performance shows a 23.64% increase. See more dynamics on ECHI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.92% over the last month, showed a 7.36% increase in three-month performance and has increased by 12.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.92% over the last month, showed a 7.36% increase in three-month performance and has increased by 12.78% in a year.
ECHI fund flows account for 113.96 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.
No, ECHI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ECHI pays dividends to its holders with the dividend yield of 14.55%.
ECHI trades at a premium (0.19%).
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.
ECHI shares are issued by Ninepoint Financial Group, Inc.
ECHI 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.