ECHI is a successful all-in-one Canadian wrapper that holds existing HighShares ETFs and will be adding three new Canadian names (Constellation, Kinross, Celestica) for increased diversification.
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Ninepoint HighShares: 3 New Canadian Stocks + U.S. Launches | ECHI Dividend Increase?
Ninepoint ETFs Head of ETFs, Carl Chung, discusses the launch of new single-stock covered call ETFs in both Canadian and US markets. The Canadian launches include Constellation, Celestica, and Kinross, while the US market will see ETFs for Nvidia, Tesla, Palantir, Alphabet, and Intel, all with 25% leverage. These new ETFs aim to provide investors with monthly income and exposure to well-known companies, with a focus on low management fees and active portfolio management.
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Tickers discussed in this post
Intel is a US tech name with a turnaround story, government interest, and potential for high monthly income, making it a value play in the tech space.
Alphabet (Google) is a high-quality US tech name with deep option markets and strong investor interest, making it a candidate for a new leveraged covered call ETF.
Palantir is a high-quality US tech name with deep option markets and strong investor interest, making it a candidate for a new leveraged covered call ETF.
Tesla is a high-quality US tech name with deep option markets and strong investor interest, making it a candidate for a new leveraged covered call ETF.
Nvidia is a high-quality US tech name with deep option markets and strong investor interest, making it a candidate for a new leveraged covered call ETF.
Celestica is a growth-oriented tech name tied to AI and cloud hardware buildout, offering strong share price returns and tradable volatility.
Kinross Gold provides exposure to the gold sector, acting as a defensive or inflation-sensitive investment during volatile geopolitical times, similar to Barrick Gold.
Constellation Software is a high-quality Canadian tech company with durable cash flows, but its high share price makes it difficult for investors to access, which the new HighShares ETF aims to address.
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