Hamilton U.S. Financials
YIELD MAXIMIZER™
ETF

  • Ticker FMAX
  • Last Distribution $0.1630

Higher Income from U.S. Financials

HIGHLIGHTS

Last Distribution of $0.1630*Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.; monthly distributions

Exposure to the largest financial services companies in the U.S.

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

FMAX is designed to deliver attractive monthly income while providing exposure to an equal-weight portfolio of U.S. financial services companies. To reduce volatility and augment dividend income, FMAX will employ an active covered call strategy.

FMAX does not use leverage.

Performance

  • TICKER FMAX
  • NAV $17.06
  • 1 DAY CHANGE -$0.01
  • LAST DISTRIBUTION *

    Last distribution per unit. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

    $0.1630
  • ASSETS $54.8M

Higher Monthly Income

What Makes FMAX Different?

  • Overview
  • Distributions
  • Documents

Holdings

As at April 30, 2024

tickernameweight
GSGoldman Sachs Group Inc/The5.7%
SCHWCharles Schwab Corp/The5.5%
AXPAmerican Express Co5.4%
FIFiserv Inc5.2%
BACBank of America Corp5.2%
WFCWells Fargo & Co5.2%
PGRProgressive Corp/The5.2%
MSMorgan Stanley5.1%
JPMJPMorgan Chase & Co5.1%
CCitigroup Inc5.0%
SPGIS&P Global Inc5.0%
CMECME Group Inc5.0%
MMCMarsh & McLennan Cos Inc4.9%
BRK/BBerkshire Hathaway Inc4.8%
CBChubb Ltd4.8%
BLKBlackRock Inc4.8%
MAMastercard Inc4.8%
ICEIntercontinental Exchange Inc4.8%
VVisa Inc4.7%
BXBlackstone Inc4.6%

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.
TickerFMAX
ExchangeToronto Stock Exchange (TSX)
CUSIP407851104
Inception DateFebruary 6, 2024
Investment StyleU.S. Financials, Covered Call
Assets$54.8M CAD*
DistributionsMonthly
Currency HedgingNone
RebalancingSemi-annual
Management Fee0.65%
Risk RatingMedium
AuditorKPMG LLP
Legal Entity Identifier254900WDRK09FX1X1Y60

Distributions

FMAX 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
2024-04-292024-05-07Monthly$0.1630
2024-03-272024-04-05Monthly$0.1605
2024-02-282024-03-07Monthly$0.1600

You can view public filings for the Hamilton U.S. Financials YIELD MAXIMIZER™ ETF on SEDAR+.

Press Releases

View the latest FMAX Press Releases

Fact Sheet

FMAX Fact Sheet (2024-04-30) English Français

ETF Facts

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

Prospectus

FMAX Prospectus (2024-01-12) English Français

Latest Portfolio Summary

Q1 2024 Portfolio Summary (2024-03-31) Download

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