Watch our 15-minute Q&A video below with Rob Wessel on the Canadian banks, where we discuss key issues including macro volatility, depressed valuations, and recent events in the U.S. CLICK HERE for information on HEB, the lowest-fee Canadian bank ETF. Disclaimer: Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs) managed by Hamilton ETFs. Please read the…
Commentary: HMAX
HDIV – Adding HMAX, Selling ZWB for Higher Yield and Lower Fees
Our overall goal for the Hamilton Enhanced Multi-Sector Covered Call ETF (HDIV) and the Hamilton Enhanced U.S. Covered Call ETF (HYLD, HYLD.U) is to create higher income ETF versions of the S&P/TSX 60 and S&P 500, respectively. As part of these two funds, we have modest cash leverage of 25%, the purpose of which is to help mitigate the yield/return trade-off inherent in covered call strategies,…
Canadian Banks: Opportunities and Risks in 2023
The Canadian banks had a very tough 2022 falling 8.9% – just the 5th decline in the last 20 years, which includes financial crisis years of 2007 and 2008[1] (the sector even rose 3.8% in 2020, despite COVID). The main reason for the decline last year was falling price-to-earnings multiples caused by the market’s concern that global central banks could cause a recession by aggressively raising…
Hamilton ETFs Launches Hamilton Canadian Financials Yield Maximizer ETF
TORONTO, January 20, 2023 – Hamilton Capital Partners Inc. (“Hamilton ETFs“) is pleased to announce the launch of the Hamilton Canadian Financials Yield Maximizer ETF (“HMAX“). HMAX seeks to deliver attractive monthly income, while providing exposure to a market cap-weighted portfolio of Canadian financial services equity securities with an active covered call strategy. HMAX has closed the offering of its initial Class E units. Units of…