Rob Wessel was on BNN Bloomberg yesterday for the beginning of Canadian Bank Q3 Earnings to discuss TD Bank results and what they could mean for the rest of the group. In particular, Rob provided his outlook on the individual issues facing each bank and their impact on valuations. We would like to highlight the Hamilton Enhanced Canadian Financials ETF (HFIN) which is the top-performing Canadian financials ETF since inception*.

Part 1

Part 2

  • Top Performing Canadian Financials ETF since inception*
  • Equal-weight exposure to Canada’s largest banks and insurers with modest 25% cash leverage
  • Higher yield and enhanced long-term growth potential
  • Similar volatility to individual Canadian financials

 

Performance

As at July 31, 2024. **Annualized

 

Footnotes:

* Since inception on January 26, 2022 to July 31, 2024. Based on a universe of nine Canadian financials ETFs that trade on the Toronto Stock Exchange, including unlevered strategies. HFIN uses modest 25% cash leverage; 1. An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on July 31, 2024. The yield calculation excludes any additional year-end distributions and does not include reinvested distributions; 2. Annualized returns based on 1.25 x Solactive Canadian Financials Equal-Weight Index TR (SOLCAFNT) vs S&P/TSX Capped Financials Index TR (TTFSAR). Since April 29, 2011, as at July 31, 2024. Source: Bloomberg, Hamilton ETFs. The index performance returns are for illustrative purposes only, and the returns do not reflect any management fees, transaction costs or expenses. Investors cannot invest directly in an index; 3. Volatility is the annualized standard deviation of daily returns since Jan 26, 2022, as at July 31, 2024. Source: Bloomberg, Hamilton ETFs

 

Commissions, management fees and expenses all may be associated with investments in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the prospectus before investing. Indicated rates of return are the historical annual compounded total returns including changes in per unit value and reinvestment of all dividends or distributions and does not take into account sales, redemptions, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Only the returns for periods of one year or greater are annualized returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this email may constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Hamilton ETFs undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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