Key stats
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 | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TIF assets under management is 988.55 K CAD. It's risen 0.23% over the last month.
TIF fund flows account for −201.78 K 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.
No, TIF doesn't pay dividends to its holders.
TIF shares are issued by Ninepoint Financial Group, Inc. under the brand Ninepoint. The ETF was launched on Jun 27, 2022, and its management style is Active.
TIF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TIF price has risen by 0.51% over the last month, and its yearly performance shows a −1.29% decrease. See more dynamics on TIF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.89% increase in three-month performance and has increased by 3.90% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.89% increase in three-month performance and has increased by 3.90% in a year.
TIF trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.