CI GAM, Ninepoint, Harvest, Desjardins, and CIBC announce product changes and launches
CI Global Asset Management, Ninepoint Partners, Harvest Portfolios, Desjardins Investments, and CIBC Asset Management have each announced changes to their fund lineups, ranging from digital asset ETFs to management fee reductions.
CI Global Asset Management
CI Global Asset Management (CI GAM) expanded its digital asset lineup.
The CI Galaxy Core Multi-Crypto ETF (CCCX) is now trading on the TSX under CCCX, CCCX.B, and CCCX.U, offering exposure to bitcoin, ether, and solana.
CI also introduced the CI Solana Fund, providing mutual fund investors access to solana through CI Galaxy Solana ETF.
The firm added Canadian dollar hedged series across its digital asset lineup and will implement a staking strategy for CI Galaxy Ethereum ETF (ETHX) on August 27, with up to 50 percent of holdings allocated to staking. In addition, several ETF names changed:
|
Ticker |
New name |
Previous name |
|---|---|---|
|
CHNA.B |
CI ICBCUBS S&P China 500 Index ETF |
CI ICBCCS S&P China 500 Index ETF |
|
ONEB |
CI North American Core Plus Bond ETF |
CI ONE North American Core Plus Bond ETF |
|
ONEQ |
CI Global Core Plus Equity ETF |
CI ONE Global Equity ETF |
Harvest ETFs
Harvest ETFs completed the launch of 10 Enhanced High Income Shares ETFs, covering companies such as Agnico Eagle, BCE, Cameco, Canadian Natural Resources, Enbridge, Royal Bank, Shopify, Suncor, TD, and TELUS.
|
ETF |
Ticker |
|---|---|
|
Harvest Agnico Eagle Enhanced High Income Shares ETF |
AEME |
|
Harvest BCE Enhanced High Income Shares ETF |
BCEE |
|
Harvest Cameco Enhanced High Income Shares ETF |
CCOE |
|
Harvest CNQ Enhanced High Income Shares ETF |
CNQE |
|
Harvest Enbridge Enhanced High Income Shares ETF |
ENBE |
|
Harvest Royal Bank Enhanced High Income Shares ETF |
RYHE |
|
Harvest Shopify Enhanced High Income Shares ETF |
SHPE |
|
Harvest Suncor Enhanced High Income Shares ETF |
SUHE |
|
Harvest TD Bank Enhanced High Income Shares ETF |
TDHE |
|
Harvest TELUS Enhanced High Income Shares ETF |
TEHE |
The firm also introduced the Harvest Canadian High Income Shares ETF (HHIC), a one-ticket solution built on these single-stock strategies.
Each ETF uses modest leverage and covered call strategies aimed at generating monthly income.
Ninepoint Partners
Ninepoint Partners listed 11 HighShares ETFs on the TSX:
|
ETF |
Ticker |
Risk Rating |
|---|---|---|
|
Barrick HighShares |
ABHI |
Medium–High |
|
BCE HighShares |
BCHI |
Medium |
|
Cameco HighShares |
CCHI |
Medium–High |
|
Canadian Natural Resources HighShares |
CQHI |
Medium–High |
|
CNR HighShares |
CRHI |
Medium–High |
|
Enbridge HighShares |
ENHI |
Medium |
|
Royal Bank HighShares |
RYHI |
Medium |
|
Shopify HighShares |
SHHI |
Medium–High |
|
Suncor HighShares |
SUHI |
Medium–High |
|
TD HighShares |
TDHI |
Medium |
|
Enhanced Canadian HighShares ETF |
ECHI |
Medium |
ECHI wraps the 10 single-stock ETFs into one portfolio. Fees are set at 0 percent until February 28, 2026, before moving to 0.29 percent.
Desjardins Investments
Desjardins Investments will reduce management fees on eight funds by up to 9 basis points starting October 1.
The changes affect Canadian Bond, Sustainable Canadian Bond, Enhanced Bond, Canadian Equity Income, Sustainable Canadian Equity Income, Canadian Equity, Canadian Equity Focused, and Sustainable Canadian Equity.
CIBC Asset Management
CIBC Asset Management introduced four new ETFs:
|
Ticker |
ETF name |
Management fee |
|---|---|---|
|
CCCB |
CIBC Canadian Banks Covered Call ETF |
0.35% |
|
CUDC |
CIBC US High Dividend Covered Call ETF |
0.50% |
|
CUDC.F |
CIBC US High Dividend Covered Call ETF (CAD-Hedged) |
0.50% |
|
CCDC |
CIBC Canadian High Dividend Covered Call ETF |
0.50% |
|
CEQY |
CIBC All-Equity ETF Portfolio |
0.15% |
