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About NINEPOINT TARGET INCOME FUND
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Inception date
Jun 27, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Ninepoint Partners LP
The fund aims to deliver income by primarily selling put options on broad equity indices including other ETFs. About 70% of the funds exposure is allocated to North American equities. The fund manager also enters into systematic put selling strategies through the use of derivatives such as swaps. The fund may also hold cash, money market instruments, and fixed income securities for cash management. It may also engage in short selling, as permitted by Canadian laws. The fund may also generate additional income through lending, repurchase, and reverse repurchase transactions.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history