Hamilton Gold Producer
Yield Maximizer ETF

  • Ticker AMAX
  • Est. Distribution $0.1466

Higher Income from Gold Producers

HIGHLIGHTS

Initial Monthly Distribution: $0.1466*Subject to change based on market fluctuations

Initial NAV: $16

Exposure to the largest North American gold producers

Active covered call strategy managed by an experienced options team led by Nick Piquard, with 25+ years of experience specializing in options

A GOOD FIT FOR INVESTORS WHO WANT

Attractive monthly income

Tax efficient distributions

Modest long-term growth potential

Reduced volatility from options strategy

INVESTMENT OBJECTIVE

AMAX is designed for attractive monthly income, while providing exposure to an equal-weight portfolio of primarily large-cap gold producers. To reduce volatility and augment dividend income, AMAX will employ an active covered call strategy.

AMAX does not use leverage.

Performance

  • TICKER AMAX
  • NAV $15.30
  • 1 DAY CHANGE +$0.35
  • EST. DISTRIBUTION *

    Estimated initial distribution per unit. Distributions are subject to change.

    $0.1466
  • ASSETS $72.5M

Higher Monthly Income

What Makes AMAX Different?

  • Overview
  • Distributions
  • Documents

Geographic Allocation

As at February 07, 2024

  Canada 7.1%
  United States 92.9%

Holdings

As at February 07, 2024

tickernameweight
RGLDRoyal Gold Inc7.1%
GOLDBarrick Gold Corp7.1%
NEMNewmont Corp7.1%
AEMAgnico Eagle Mines Ltd7.1%
GFIGold Fields Ltd7.1%
AUAnglogold Ashanti Plc7.1%
EDVEndeavour Mining PLC7.1%
PAASPan American Silver Corp7.1%
KGCKinross Gold Corp7.1%
FNVFranco-Nevada Corp7.1%
WPMWheaton Precious Metals Corp7.1%
SBSWSibanye Stillwater Ltd7.1%
AGIAlamos Gold Inc7.1%
BTGB2Gold Corp7.1%

Fund Details

 

All Hamilton ETFs are available for purchase on the Toronto Stock Exchange (TSX), and can be used in RRSP, RRIF, DPSP, RDSP, FHSA, RESP and TFSA portfolios. To set up a DRIP, please contact your individual brokerage.
TickerAMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP406918102
Inception DateFebruary 6, 2024
Investment StyleGold, Covered Call
Assets$72.5M CAD*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-annual
Management Fee0.65%
Risk RatingMedium to High
AuditorKPMG LLP
Legal Entity Identifier254900M20K73DZB0HX98

Distributions

AMAX distributions are paid monthly in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF. To set up a DRIP, please contact your individual brokerage.
Ex-Dividend DatePaidFrequencyAmount
2024-02-282024-03-07Monthly$0.1466

You can view public filings for the Hamilton Gold Producer Yield Maximizer ETF on SEDAR.

Press Releases

View the latest AMAX Press Releases

Fact Sheet

AMAX Fact Sheet (2024-02-07) English Français

ETF Facts

AMAX ETF Facts (2024-01-12) English Français

Prospectus

AMAX Prospectus (2024-01-12) English Français

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