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Six under-the-radar U.S.-focused cannabis picks


Six under-the-radar U.S.-focused cannabis picks
Shirley Won
Published May 19, 2021
unknown/iStockPhoto / Getty Images
U.S. cannabis stocks have taken a beating, providing a buying opportunity for investors looking to bet on a pot boom south of the border.
Optimism for marijuana legalization pushed by top Senate Democrats helped fuel a rally until February, but the sector sold off amid market concerns about rising interest rates and owning riskier securities as well as tightened financing by some brokerages to hedge funds.
Although federal reforms may be slower in coming, the U.S. industry is growing with more states legalizing medical and adult-use cannabis and some companies on the road to profitability. ....

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Ninepoint launches three ETFs on NEO | Investment Executive


Toronto-based Ninepoint Partners LP has launched three new ETFs on the NEO Exchange.
The Ninepoint Energy Fund seeks to achieve long-term capital growth by investing in companies involved in the exploration, development, production and distribution of oil, gas, coal or uranium. Series A has a management fee of 2.5%; Series F, 1.5%.
The Ninepoint Alternative Health Fund aims to deliver growth by investing in companies engaged in nutrition, nutraceuticals and new forms of medicines and pharmaceutical solutions. Series A has a management fee of 2.25%; Series F, 1.25%.
The Ninepoint Alternative Credit Opportunities Fund aims to generate long-term total returns by investing in long- and short-duration fixed income securities from around the world. The fund uses leverage created through cash borrowings, short sales and derivative contracts. Four series of the fund are available, with management fees ranging from 0.8%–1.4%. ....

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Ninepoint launches three ETFs on NEO | Advisor's Edge

Ninepoint launches three ETFs on NEO | Advisor's Edge
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