CRHI Ninepoint CNR HighShares ETF

About this ETF

Ninepoint CNR HighShares ETF is an equity exchange-traded fund that holds shares exclusively in Canadian National Railway Company, one of Canada's leading transportation and logistics firms. The ETF is designed to provide investors with both long-term capital appreciation and elevated monthly income by utilizing a covered call strategy alongside modest leverage—employing up to 25% borrowed capital to enhance yield potential. The fund distributes monthly income, aiming to maximize after-tax benefits for Canadian investors through a mix of eligible Canadian dividends, capital gains, or return of capital. Notable for its low management fee, which is waived until February 28, 2026 and set at 0.29% afterwards, it targets cost-sensitive investors looking for efficient, single-stock exposure. Managed by Ninepoint Partners LP, the ETF plays a unique role in the market by combining direct ownership of a blue-chip industrial with professional options overlay, making institutional-grade income strategies accessible to everyday investors, and boosting yield compared to holding the underlying stock alone. Its single-asset structure and monthly cash distributions cater to income-focused portfolios and those seeking exposure to the North American transportation sector.