Investment manager Ninepoint Partners has just announced the launch of the Ninepoint Target Income Fund (TIF). TIF will be actively managed with the goal of targeting a monthly distribution rate of 6% while aiming for lowered volatility. They plan to do this by receiving insurance premiums that come with their regularly sold puts.
Ninepoint Partners Launches Target Income ETF
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ETF Newz Says:
TIF is looking to give investors a safeguard against downside risk.