Mr. Karl Cheong reports

NINEPOINT EXPANDS ITS HIGHSHARES LINE-UP WITH THE LAUNCHES OF AN AEROSPACE AND DEFENSE COVERED CALL ETF AND A SECTOR-BALANCED U.S. HIGH INCOME EQUITY ETF

Ninepoint Partners LP has launched two new ETFs (exchange-traded funds), Ninepoint Enhanced U.S. Equity HighShares ETF (USHI) and Ninepoint Enhanced Aerospace and Defense HighShares ETF (EDHI), on the Toronto Stock Exchange.

USHI and EDHI expand Ninepoint's HighShares lineup with diversified exposure to U.S. large-cap equities and focused exposure to global aerospace and defence companies, respectively. Both ETFs seek to provide regular income and long-term capital appreciation through curated portfolios of widely held companies and covered call writing, and may use leverage to increase investment exposure.

"Income investors want more choice in the companies and sectors they own," said Karl Cheong, CFA, executive vice-president and head of ETFs at Ninepoint. "USHI offers exposure to a targeted portfolio of U.S. large-cap companies across multiple sectors, while EDHI provides access to global aerospace and defence. Both combine focused equity exposure and covered call writing to pursue regular income and long-term growth."

USHI offers broader U.S. equity exposure

USHI is expected to hold approximately 25 U.S. large-cap companies across a broad range of sectors, including technology, financials, health care, energy and utilities. The ETF combines a sector-balanced equity portfolio with covered call strategy and leverage of up to 33 per cent of the portfolio, with the objective of generating regular high income while providing the potential for long-term capital appreciation.

EDHI offers global aerospace and defence exposure

EDHI is designed to provide exposure to global aerospace and defence companies, including established defence contractors and businesses involved in space, cybersecurity and other security-related technologies. The ETF combines this equity portfolio with a covered call strategy and moderate leverage, providing investors with an income-focused approach to the sector while offering the potential for long-term capital appreciation.

Targeted equity holdings and regular distributions

The equity portfolios provide exposure to targeted lists of large-cap companies, rather than relying on continuing discretionary changes to stock exposure or holdings. The covered call strategies also apply defined parameters to option coverage, strike prices and expiries. Each ETF is designed to pay distributions twice a month.

USHI has closed its initial offering of units and will begin trading today on the TSX. EDHI's units are expected to begin trading on the TSX on Tuesday, Sept. 15.

Ninepoint's new HighShares ETFs are listed in the attached table.

ETF highlights:

• Low fee: Ninepoint HighShares is one of the lowest-cost Canadian single-stock covered call ETF suites.
• Targeted equity portfolio: Ninepoint HighShares provides exposure to targeted equity baskets with a covered call strategy.
• Institutional experience: Every option is managed with the same discipline that Ninepoint applies to managing more than $8-billion-plus in assets under management.
• Twice-monthly distributions: Ninepoint HighShares provides more frequent cash flow than the monthly schedule common across Canadian covered call ETFs.

For more information on these ETFs and the full range of Ninepoint investment solutions, please visit the Ninepoint Partners website.

About Ninepoint Partners LP

Based in Toronto, Ninepoint Partners is one of Canada's leading alternative investment management firms overseeing over $8-billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint Partners offers a diverse set of alternative strategies spanning equities, fixed income, alternative income, real assets, foreign exchange and digital assets.

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